Midtown Improvement District
3501 Quadrangle Boulevard, Suite 270, Orlando, FL 32817; Phone: 407-723-5900
https://midtownid.com

The following is the proposed agenda for the upcoming Meeting of the Board of Supervisors for the Midtown Improvement District (“District”), scheduled to be held at 3:30 p.m. on Tuesday, February 17, 2026, at 6900 Tavistock Lakes Blvd., Ste. 200, Orlando, FL 32827. A quorum will be confirmed prior to the start of the meeting.

District Staff, please use the following information to join via the computer or the conference line: Phone: 1-844-621-3956	Computer: pfmcdd.webex.com	Participant Code: 2531 126 0013#
BOARD OF SUPERVISORS’ MEETING AGENDA

Organizational Matters
Roll Call to Confirm Quorum
Public Comment Period
Consideration of the Minutes of the January 20, 2026, Board of Supervisors’ Meeting
Discussion of Construction Committee Member Vacancy

Business Matters
Consideration of Interlocal Agreement for Right-of-Way Maintenance with the City of Orlando
Consideration of Proposals for Trail Repairs (provided under separate cover)
Ratification of Operation and Maintenance Expenditures Paid in January 2026 in an amount totaling $32,878.00
Recommendation of Work Authorizations/Proposed Services (if applicable)
Review of District Financials

Other Business
Staff Reports
District Counsel
District Manager
District Engineer
Construction Supervisor
Landscape Supervisor
Irrigation Supervisor
Supervisor Requests

Adjournment

Midtown Improvement District

Minutes of the January 20, 2026, Board of Supervisors’ Meeting

MIDTOWN IMPROVEMENT DISTRICT BOARD OF SUPERVISORS’ MEETING MINUTES

FIRST ORDER OF BUSINESS	Roll Call to Confirm a Quorum

The Board of Supervisors’ Meeting for the Midtown Improvement District was called to order on Tuesday, January 20, 2026, at 3:34 p.m. at 6900 Tavistock Lakes Blvd., Ste. 200, Orlando, FL 32827.
Present:

Richard Levey Rob Adams
Brent Schademan Ron Domingue Damon Ventura

Also Attending:

Chair
Vice Chair Assistant Secretary Assistant Secretary Assistant Secretary

Jennifer Walden Amanda Lane Blake Firth Tucker Mackie

PFM PFM PFM
Kutak Rock

(via phone) (via phone)

Bob Schanck Jeff Newton Will Stafford Chris Wilson Rudy Bautista DJ Batten Edgard Morales
Samantha Sharenow Carlos Negron
Eddie Padua Pete Fussell

SECOND ORDER OF BUSINESS

Donald W. McIntosh Associates Donald W. McIntosh Associates Tavistock
Tavistock Tavistock Berman Berman Berman Berman Berman Berman

Public Comment Period

Dr. Levey called for public comments and noted there were no public comments.

THIRD ORDER OF BUSINESS	Consideration of the Minutes of the November 18, 2025, Board of Supervisors’ Meeting

The Board reviewed the minutes of the November 18, 2025, Board of Supervisors’ Meeting.

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On motion by Mr. Adams, seconded by Mr. Schademan, with all in favor, the Board of Supervisors for the Midtown Improvement District approved the Minutes of the November 18, 2025, Board of Supervisors’ Meeting.

FOURTH ORDER OF BUSINESS	Resolution 2026-01, Amending the Annual Meeting Schedule for Fiscal Year 2026

Ms. Walden explained that District staff would like to move the March Construction Committee Meeting from March 12, 2026, to March 5, 2026, and is the only change to the Annual Meeting Schedule for FY 2026.

On motion by Mr. Adams, seconded by Mr. Ventura, with all in favor, the Board of Supervisors for the Midtown Improvement District approved Resolution 2026-01, Amending the Annual Meeting Schedule for Fiscal Year 2026 with moving the March 12, 2026 Construction Committee Meeting to March 5, 2026.

FIFTH ORDER OF BUSINESS	Discussion	of	Construction Committee Member Vacancy

Ms. Walden noted that Mr. Hudson Larson resigned effective January 15, 2026. There are no current recommendations to fill the vacancy so this item will be tabled.

SIXTH ORDER OF BUSINESS	Consideration	of	Appointment	of Auditor Selection Committee

Ms. Walden explained that the Auditor Selection Committee needs to be appointed by the Board. District staff recommends appointing the five Board Members to the Auditor Selection Committee.

On motion by Mr. Adams, seconded by Mr. Schademan, with all in favor, the Board of Supervisors for the Midtown Improvement District appointed the five Board Members to the Auditor Selection Committee.

SEVENTH ORDER OF BUSINESS	Recommendation from Construction Committee on Items to Address from District Infrastructure Assessment Report

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Mr. Schanck noted that there are no current items of immediate concern and the Board reviewed the photos in the report to see if there were any items they would like addressed. The Board decided that they would like Berman to obtain proposals for the items to be addressed in photos 18, 21 and 25.

EIGHTH ORDER OF BUSINESS	Ratification of Operation and Maintenance Expenditures Paid in November 2025 in an amount totaling
$6,712.39

The Board reviewed O&M Expenditures paid in November 2025. Dr. Levey noted these have already been approved and need Board ratification.

On motion by Mr. Adams, seconded by Mr. Schademan, with all in favor, the Board of Supervisors for the Midtown Improvement District ratified the Operation and Maintenance Expenditures paid in November 2025 in an amount totaling $6,712.39.

NINTH ORDER OF BUSINESS	Ratification of Operation and Maintenance Expenditures Paid in December 2025 in an amount totaling
$54,776.56

The Board reviewed O&M Expenditures paid in December 2025.

On motion by Mr. Adams, seconded by Mr. Schademan, with all in favor, the Board of Supervisors for the Midtown Improvement District ratified the Operation and Maintenance Expenditures paid in December 2025 in an amount totaling $54,776.56

TENTH ORDER OF BUSINESS	Recommendation	of	Work Authorization/Proposed Services

Mr. Newton stated there is a Work Authorization from Avcon (Minutes Exhibit A) that was included in the Greeneway Improvement District agenda package as it was addressed to the incorrect District. It’s in the amount of $2,360.00 for the Centerline Drive Segment D culverts which require additional site visits.

On motion by Mr. Schademan, seconded by Mr. Adams, with all in favor, the Board of Supervisors for the Midtown Improvement District approved the Work Authorization with Avcon in the amount of
$2,360.00 for Centerline Drive Segment C & D Pipe Endwall.

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ELEVENTH ORDER OF BUSINESS	Review of District’s Financials

Ms. Walden noted the financials are updated through the end of December. The District has spent approximately 15.5% of the adopted budget so far. No action is required.

TWELFTH ORDER OF BUSINESS	Staff Reports

District Counsel –	Ms. Mackie stated that emails related to Conversations have started circulating and to questions or if you are not receiving the email appropriate individuals to the distribution list.	legislation called Capitol please reach out with any s so her team can add the	
District Manager –	Ms. Walden noted the next meeting is schedu 17, 2026.	led for Tuesday, February	
District Engineer –	No report.		
Construction Supervisor –	No report.		
Landscape Supervisor –	No report.		
Irrigation Supervisor –	No report.		

THIRTEENTH ORDER OF BUSINESS	Supervisor Requests

There were no Supervisor requests.

FOURTEENTH ORDER OF BUSINESS	Adjournment

On motion by Mr. Adams, seconded by Mr. Schademan, with all in favor, the January 20, 2026, Meeting of the Board of Supervisors for the Midtown Improvement District was adjourned.

Secretary/Assistant Secretary	Chair/Vice Chair

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MINUTES EXHIBIT A

RECOMMENDATION FOR WORK AUTHORIZATION/ PROPOSED SERVICES

DATE:
January 13th, 2026

PROJECT NAME
Centerline Drive, Segment C&D Pipe Endwall
BY: --��1/- 	_
Dan	Y/�, ctairman
PECDD Construction Committee

TO:	Greeneway
Improvement District

DESCRIPTION		YES	NO	
Is work pursuant to an existing agreement?		X	
Name of Agreement?

Project included in District Capital Improvement	

Plan?	

X	
Are services required contemplated in Capital	X
Improvement Plan?
Is this a continuation of previously authorized work?	X
Proposal attached?	X

Form of Agreement Utilized? Proposal
Amount of Services? $2,360
Recommendation to Approve?	X

CC:  JENNIFER WALDEN, TUCKER MACKIE JEFFREY NEWTON, LYNNE MULLINS

AVCON, INC.
ENGINEERS & PLANNERS

5555 E. Michigan Street
Suite 200
Orlando, FL 32822-2779
January 12, 2026	Phone: (407) 599-1122
Email: avcon@avconinc.com
www.avconinc.com
Jeffrey J. Newton, P.E.
District Engineer
Greeneway Improvement District
12051 Corporate Boulevard
Orlando, FL 32817
Via email: jjnewton@lja.com

Subject:	Centerline Drive Segments A-D – Segment D Pipe Endwall Add Service Greeneway Improvement District
Dear Chairman, Board of Supervisors:

This letter documents additional post-design services requested by the Owner beyond the two (2) periodic site visits included in our existing Structural Engineering Services Agreement dated October 19, 2021. The Contractor anticipates a total of four (4) site visits will be needed to fully inspect the two pipe headwalls during construction.
At the Owner’s request, two (2) additional site visits will be performed by the Engineer or the Engineer’s authorized representative to observe construction of the two (2) pipe headwalls.

Scope of Additional Site Visits

The additional site visits will be limited to periodic observations of the following items at the time of the visit only:

Installed reinforcing steel for the pipe headwalls
Reinforcing bar size, spacing, layout, and general configuration
Clear cover, clear spacing, and overall reinforcing dimensions
General conformance with the structural drawings and details prepared by the Engineer of Record

Upon completion of the site visits, the Engineer will provide a written report summarizing the observations made during the visits.
Limitations of Services

The additional site visits and resulting reports are subject to the following limitations:
Observations are periodic and not continuous or full-time inspections.
The Engineer does not direct, control, or have responsibility for construction means, methods, sequencing, safety procedures, or contractor workmanship.
Observations are based solely on conditions visible at the time of each visit; no representations are made regarding work performed before or after the visit.
No special inspections, materials testing, or verification of concealed conditions are included unless specifically authorized in writing.
Responsibility for compliance with the Contract Documents remains with the Contractor.

CIVIL & STRUCTURAL  AIRPORT & AVIATION CONSULTING  TRANSPORTATION DESIGN & PLANNING

Greeneway Improvement District January 12, 2026

Final Structural Certification

As part of the requested Additional Services, the Engineer will provide a final structural certification letter for the multi-pipe concrete headwall upon completion of construction.
The certification will be based upon the Engineer’s professional services for the referenced project, which included periodic site visits, review of material and shop drawing submittals, and review of the Contractor’s as-built record drawings submitted at project completion.

Compensation:

Greeneway Improvement District will compensate AVCON, Inc. pursuant to the hourly rate schedule contained in the Structural Engineering Agreement. An estimated hourly schedule is attached. The total add-service lump sum fee is Two Thousand Three Hundred and Sixty Dollars ($2,360.00). The District will reimburse AVCON, Inc. all direct costs which include items such as printing, drawings, travel, deliveries, et cetera, pursuant to the Structural Engineering Agreement.

Thank you for considering AVCON for your consulting needs, we look forward to helping you complete this quality project.

Sincerely,
AVCON, Inc.

Dominick Fiorentino III, P.E.
Structures Design Manager

Attachments: Approved Hourly Rates
Manhour Fee Estimate

APPROVED AND ACCEPTED
By: 			Date: 	 Authorized Representative of
Greeneway Improvement District

Page 2 of 2

CIVIL & STRUCTURAL  AIRPORT & AVIATION CONSULTING  TRANSPORTATION DESIGN & PLANNING

EXHIBITS

Greenway Improvement District HOURLY RATE COMPENSATION

AVCON, INC.
F.NGINF.F.RS & PLANNERS
5555 fi M1ch1gn11 Street. Sullc 200
Orlando, Flond11 32822 2779
T'hone: 1407) 599-11�2
F�"<· (4(17) 509-1t:H
W\'vW.cv..:ontnc.con1

Puftlon Qoec:rlptlon	2011Contract BlmnoRate	

Principal	$250.00	
Project Manager	$200.00	

	$175.00	
Engineer	$150.00	
Technician	$100.00	
Clerical	$60.00	

DATE:	9/26/2019

CIVIi. & STRUCTURAL ENGINEFRINO ■ AIRl'ORT & AVIATION CONSl1LTING ■ TRANSl'OlffA"l1(.lN Ill-SIGN& PLANNING

Estimator : Dominick Fiorentino	Proposal to:  Greenway Improvement District	Consultant: AVCON, INC.
12-Jan-26
Centerline Drive Segment-D Pipe Endwall Add Service

No./ACTIVITY	
Principal	
Project Manager	
Senior Engineer	
Engineer	
Clerical		
						Man-hours By
TOATcAtivLity	Salary
By Activity	
	Man
Hours	Hourly
Rate	Man
Hours	Hourly
Rate	Man
Hours	Hourly
Rate	Man
Hours	Hourly
Rate	Man
Hours	Hourly
Rate			
Pipe Endwall Design Phase													
Meeting Attendance (1)	0.00	250.00	0.00	200.00	0.00	175.00	0.00	150.00	0.00	60.00	0.00	0.00	
Roadway/Geotechincal Design Coordination	0.00	250.00	0.00	200.00	0.00	175.00	0.00	150.00	0.00	60.00	0.00	0.00	
90% CDs Submittal	0.00	250.00	0.00	200.00	0.00	175.00	0.00	150.00	0.00	60.00	0.00	0.00	
90% CDs Review Comments	0.00	250.00	0.00	200.00	0.00	175.00	0.00	150.00	0.00	60.00	0.00	0.00	
100% CDs Submittal	0.00	250.00	0.00	200.00	0.00	175.00	0.00	150.00	0.00	60.00	0.00	0.00	
QA/QC	0.00	250.00	0.00	200.00	0.00	175.00	0.00	150.00	0.00	60.00	0.00	0.00	
Sub-Total											0.00	$0.00	

Pipe Endwall Post Design Phase													
													
Response to Contractor RFIs	0.00	250.00	0.00	200.00	0.00	175.00	0.00	150.00	0.00	60.00	0.00	0.00	
Review Shop Drawings	0.00	250.00	0.00	200.00	0.00	175.00	0.00	150.00	0.00	60.00	0.00	0.00	
Site Visits (2)	0.00	250.00	0.00	200.00	0.00	175.00	0.00	150.00	0.00	60.00	0.00	0.00	
Additional Site Visits (2)	0.00	250.00	4.00	200.00	4.00	175.00	0.00	150.00	0.00	60.00	8.00	1,500.00	
Review Contractor provided As-builts/Documents	0.00	250.00	3.00	200.00	0.00	175.00	0.00	150.00	0.00	60.00	3.00	600.00	
Project Closeout Certification Letter	0.00	250.00	1.00	200.00	0.00	175.00	0.00	150.00	1.00	60.00	2.00	260.00	
Sub-Total											13.00	$2,360.00	
Total Salary
[(MHxHR)]	
0.00		
8.00		
4.00		
0.00		
1.00		
13.00	
$2,360.00	
TMoatna-lhours

Construction Committee Member Vacancy

Interlocal Agreement for Right-of-Way Maintenance with the City of Orlando

Prepared by and return to:
Tucker F. Mackie, Esq. Kutak Rock LLP
107 West College Avenue Tallahassee, Florida 32301

INTERLOCAL AGREEMENT FOR RIGHT-OF-WAY MAINTENANCE

THIS INTERLOCAL AGREEMENT FOR RIGHT-OF-WAY MAINTENANCE (the
“Interlocal Agreement”), dated this     day of 	 2026, is entered into by and between the CITY OF ORLANDO, FLORIDA, a municipal corporation organized and existing under the laws of the State of Florida (the “City”), and the MIDTOWN IMPROVEMENT DISTRICT, a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes (the “District”).

WITNESSETH:

WHEREAS, the District is an independent special district and a local unit of special-purpose government which is created pursuant to the Chapter 190, Florida Statutes (the “Act”), and is limited to the performance of those specialized functions authorized by the Act and City Ordinance No. 2021-33 establishing the District (the “Ordinance”); and
WHEREAS, pursuant to the Ordinance and the Act, the District is presently authorized to construct, acquire, and maintain infrastructure improvements and services set forth in section 190.012(1), Florida Statutes, for which the District may impose, levy and collect non-ad valorem special assessments on land within the boundaries of the District; and

WHEREAS, the District, in accordance with its plan for development, has constructed and/or acquired certain roadway, transportation, pedestrian, landscaping and aesthetic improvements in rights-of-way both within and adjacent to the District, and a portion or portions of these rights-of-way and associated improvements have been dedicated to, and accepted by, the City (such rights-of-way that have been accepted, and are in fact owned, by the City now or in the future, shall be referred to herein as the “City ROW”), while other rights-of-way may be dedicated to the City in the future (the “Future City ROW”); and

WHEREAS, both the City ROW and potential Future City ROW are depicted on Exhibit A attached hereto and incorporated herein; and

WHEREAS, the City is ultimately responsible for maintenance of the City ROW and, upon the City’s final acceptance of any portion of the Future City ROW, will also be responsible for maintenance of that accepted portion of Future City ROW, which thereafter becomes City ROW; and

WHEREAS, the City has previously expressed its consent to allow the District to plan, establish, acquire, construct or reconstruct, enlarge or extend, equip, operate and maintain enhanced systems and facilities including, but not be limited to, monument or other signage, decorative walls and lighting, street light poles and fixtures, certain parkway drains, irrigation systems, landscaping, trees, sod and other plantings, all within the City ROW and Future City ROW (the “Enhanced Improvements”); and

WHEREAS, the City has no particular objection to the placement of said Enhanced Improvements provided that (i) the City has first granted approval of an improvement plan for the subject right-of-way; and (ii) the City retains plenary authority to remove the Enhanced Improvements, or have the Enhanced Improvements removed, for the benefit of the public should circumstances so require in the future pursuant to the terms of this Agreement; and

WHEREAS, although the City will retain ultimate responsibility for the maintenance of the City ROW and all Enhanced Improvements therein, the parties desire that the District shall, subject to the provisions hereof, maintain the Enhanced Improvements within City ROW to a higher standard than the City would otherwise; and

WHEREAS, pursuant to Section 190.012(1)(g) of the Act, installation of the Enhanced Improvements and associated operation and maintenance may be undertaken by the District if the Enhanced Improvements are the subject of this Interlocal Agreement between the District and a governmental entity and are consistent with the comprehensive plan of the City; and

WHEREAS, it is in the mutual interest of the City and the District to establish intergovernmental relations that encourage, promote and improve the coordination, overall effectiveness and efficiency of governmental activities and services in and around the District; and

WHEREAS, Section 163.01, Florida Statutes, known as the “Florida Interlocal Cooperation Act of 1969” (hereinafter, the “Cooperation Act”), permits local governmental units to make the most efficient use of their powers by enabling them to cooperate with other localities on a basis of mutual advantage and thereby to provide services and facilities in a manner and pursuant to forms of governmental organization that will accord best with geographic, economic, population, and other factors influencing the needs and development of local communities, and

WHEREAS, the City and the District find this Interlocal Agreement to be necessary, proper and convenient to the exercise of their powers, duties and purposes authorized by law; and

WHEREAS, the City and the District desire to exercise jointly their common powers and authority concerning the installation, construction, and maintenance of the Enhanced Improvements, as well as the maintenance of the City ROW and any Future City ROW; the avoidance of inefficiencies caused by the unnecessary duplication of services and facilities; and the clarification of responsibilities, obligations, duties, powers, and liabilities of each of the governmental bodies; and

WHEREAS, this Interlocal Agreement shall serve as the “agreement between the District and a governmental entity” required by section 190.012(g) of the Act; and

WHEREAS, the Enhanced Improvements are consistent with the City’s comprehensive
plan.

NOW, THEREFORE, in consideration of the mutual understandings and covenants set forth herein, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the City and the District agree as follows:

Recitals. The foregoing recitals are true and correct and form a material part of this Agreement.

District Maintenance of Enhanced Improvements. The District shall, at the District’s sole cost and expense, perform all of the City’s maintenance obligations with respect to the Enhanced Improvements (and other services, such as irrigation, fertilization and pest control) within the City ROW in order to enhance the aesthetic quality of the City ROW. The performance of this additional maintenance by the District shall be completely within the District’s sole discretion. Despite, the foregoing, in the event that the District elects not to continue to perform the maintenance obligations contemplated within this Agreement, the District, if requested in writing by the City, shall remove the Enhanced Improvements at its sole expense.

No Additional Obligation of District Created; Permissive Use Only. The parties agree that nothing in this Agreement shall be interpreted to impose any additional obligation for the District to maintain any roadway or associated improvements constructed within a right-of-way, including, but not limited to, the road sub-grade, base layer, asphalt, striping, signage, gutters and curbing, fencing and retaining walls adjacent to wetland areas, and sidewalks/pedestrian paths or to maintain proper drainage with a right-of-way and all other aspects of the right-of-way, except for Enhanced Improvements as defined herein.

Right of Entry. The City hereby grants the District a right of entry authorizing District to enter upon the City ROW, as necessary, to accomplish District’s maintenance under this Agreement.

Removal of Enhanced Improvements; Additional Enhanced Improvements. The District Enhanced Improvements shall be or have been installed in conformance with plans submitted to the City. The Enhanced Improvements shall be, or have been, installed, constructed, and maintained in such a manner as will not interfere with the use of the roadway by the public, maintenance by the City, or create a safety hazard on such roadway. If the City reasonably determines that the Enhanced Improvements do create a maintenance problem or safety hazard, then the District, at its sole expense, shall be responsible for relocating the offending Enhanced Improvements in such a manner so as to eliminate the problem or hazard, to the reasonable satisfaction of the City. In ascertaining whether a maintenance problem or safety hazard is evident, the City may require the District to retain an appropriately qualified design professional to perform an investigation. The City may use the investigatory report of the design professional in determining whether an Enhanced Improvement must be removed or reconfigured.

The District may, in its sole discretion, submit an engineer’s plan to the City describing the potential installation of additional Enhanced Improvements within the City ROW. City shall, within thirty (30) days of the submittal, either approve the plan, reject the plan or provide a revised plan for District’s consideration. If additional permitting is deemed required by the City for the installation of the additional Enhanced Improvements, the District shall obtain such requisite permit(s) prior to the installation. District shall have the authority, at its sole cost, to install and maintain additional Enhanced Improvements within the City ROW, as approved by the City.

Addition of Future City ROW. The parties hereby acknowledge and agree that any and all portions of Future City ROW (as defined and identified herein) shall be, upon the City’s final acceptance of such right-of-way pursuant to its standard procedures, deemed and treated as City ROW in accordance with the terms of this Agreement. It is the intent of the parties that such conversion from Future City ROW to City ROW, and the corresponding change in status under this Agreement, shall be automatic and shall not require any further action, written or otherwise, on behalf of the parties to give the conversion effect or validity. The Enhanced Improvements on any approved Future City ROW shall, upon installation, be deemed to be subject to the terms of this Agreement.

Release. To the extent authorized by law, and subject to the District performing its obligations under this Agreement, the City hereby releases the District, its representatives, agents, employees, and elected officials from any and all liability or claims arising out of the District’s maintenance activities within the City ROW.

Priority of City ROW. The Enhanced Improvements within the City ROW shall not be installed or maintained in such a manner so as to interfere, in any way, with the City’s operation or maintenance of any City ROW. It is understood between the parties hereto that the Enhanced Improvements covered by this Agreement may be removed, relocated, or adjusted by the City, without liability to the District, at any time in the future as determined to be necessary by the City, in its sole discretion. In addition to the foregoing, should the City determine, within its reasonable discretion, and request in writing to the District that the volume, duration, manner, or frequency of irrigation within the maintenance area should need to be changed in order to preserve the integrity of the City’s infrastructure within the City ROW, the District must comply with such written request, but only after the parties hereto have met in good faith to discuss any reasonable potential alternatives and found none to be sufficient to alleviate the City’s concerns. The District will ensure that any rain sensor on an irrigation clock is maintained in good working order at all times, and that the rate of irrigation water used complies with the City and South Florida Water Management District standard irrigation policies.

Indemnification. Subject to, and specifically restricted by, the limited waiver of sovereign immunity set forth in the applicable Florida Statutes, the District agrees that it shall release, indemnify, and hold the City, its representatives, employees and elected and appointed officials harmless from and against all claims, damages, loss and expenses of any sort, including reasonable attorney’s fees and costs including appeals, arising out of or resulting from any tort, intentional action, negligent act or omission of the District, its representatives, employees, agents, contractors, subcontractors, or anyone for whose act or acts any of them may be responsible or liable, for acts or omissions occurring in the City ROW and resulting from District’s activities as

authorized. Notwithstanding the foregoing, nothing herein shall act or be construed to indemnify the City to the extent of any tort, intentional action, negligent act or omission of the City, its representatives, employees, agents, contractors, subcontractors with respect to the operation of City ROW or any of the City’s activities within the City ROW.

Notices. Any notices which may be permitted or required hereunder shall be in writing and shall be deemed to have been duly given as of the date and time the same are personally delivered, transmitted electronically (i.e., by telecopier device) or within three (3) days after depositing with the United States Postal Service, postage prepaid by registered or certified mail, return receipt requested, or within one (1) day after depositing with Federal Express or other overnight delivery service from which a receipt may be obtained, and addressed as follows:

City:	City of Orlando, Florida 400 South Orange Avenue Orlando, Florida 32801 Attention: City Engineer Telephone: (407) 246-3222

District:	Midtown Improvement District 3501 Quadrangle Blvd., Suite 270
Orlando, Florida 32817 Attn: District Manager

With a copy to:	Kutak Rock LLP
107 West College Avenue Tallahassee, Florida 32301 Attn: District Counsel

or to such other address as either party hereto shall from time to time designate to the other party by notice in writing as herein provided.

Modification. This Agreement may not be amended, modified, altered, or changed in any respect whatsoever, except by a further agreement in writing duly executed by the parties and recorded in the Official Records of Orange County, Florida.
Successors and Assigns. The terms and conditions of this Agreement shall constitute covenants running with the land, and all rights and privileges granted herein shall be appurtenant to the lands herein described and, except as hereinafter set forth, shall run with said lands forever and be binding upon and inure to the benefit of and be enforceable by the heirs, legal representatives, successors and assigns of the parties hereto and shall continue in perpetuity, unless otherwise modified in writing by the parties hereto.

Entire Agreement. This Agreement constitutes the entire agreement between the parties hereto with respect to the transactions contemplated herein, and it supersedes all prior understandings or agreements between the parties.

Attorneys’ Fees. If either party hereto institutes an action or proceeding for a declaration of the rights of the parties, for injunctive relief, for an alleged breach or default of, or any other action arising out of this Agreement, or in the event any party hereto is in default of its obligations pursuant hereto, whether or not suit is filed or prosecuted to final judgment, the non-defaulting or prevailing party shall be entitled to its actual attorneys’ fees and to any court costs and expenses incurred, in addition to any other damages or relief awarded.

Relationship Between the Parties. The parties acknowledge and agree that the relationship created hereby is solely as a result of and arising from the relationship of District and City as the entities responsible for the operation and maintenance of adjacent properties, respectively. It is not intended hereby, and nothing contained herein shall be construed, to establish any other relationship between the parties. Specifically, nothing contained in this Agreement, nor the relationship between the parties which may arise as a result of the provisions of this Agreement, are intended to, or shall be construed as, creating a partnership, joint venture, or other such relationship as between the parties.

Section Headings. The section headings as used herein are for convenience of reference only and shall not be deemed to vary the content of this Agreement or the covenants, agreements, representations and warranties herein set forth, or limit the provisions or scope of any section herein.

Severability. This Agreement is intended to be performed in accordance with, and only to the extent permitted by, all applicable laws, ordinances, rules and regulations. If any provision of this Agreement or the application thereof to any person, entity or circumstance shall, for any reason and to any extent, be invalid or unenforceable, the remainder of this Agreement and the application of such provision to other persons or circumstances shall not be affected thereby, but rather shall be enforced to the greatest extent permitted by law.

Recording of Agreement. The District shall be responsible for recording this Agreement (including all costs associated therewith) within the Official Records of Orange County, Florida and shall send a copy of said recorded Agreement to the City within thirty (30) days of the Effective Date of this Agreement, in accordance with the requirements of Section 163.01(11), Florida Statutes.

Counterpart Execution. This Agreement may be executed in counterparts, each of which shall constitute an original, but all taken together shall constitute one and the same instrument.

Governing Law. This Agreement shall be governed by and construed under the laws of the State of Florida.

Compliance with Laws. The parties to this Agreement agree to comply with all applicable federal, state and local laws, ordinances, rules and regulations.

Legal Counsel. The District and City acknowledge that they have had ample opportunity to seek and consult with independent legal counsel prior to executing this Agreement,

and that they represent and warrant that they have sought such independent legal advice and counsel or have knowingly and voluntarily waived such right.

Negotiation. The parties to this Agreement acknowledge that all terms of this Agreement were negotiated at arm’s length and that this Agreement, and all documents executed in connection herewith, were prepared and executed without undue influence by any party or on any party. Further, this Agreement was drafted jointly by all parties, and no parties are entitled to the benefit of any rules of construction with respect to the interpretation of any terms, conditions or provisions of this Agreement in favor of or against any person or party who drafted this Agreement.

Sovereign Immunity. Nothing in this Agreement shall be deemed a waiver of sovereign immunity or limit of liability of the District or the City, including their respective supervisors, commissioners, officers, agents or employees, beyond any statutory limited waiver of immunity or limits of liability in Section 768.28, Florida Statutes or other statute, 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 the Doctrine of Sovereign Immunity or by operation of law.

Termination of Agreement. The City and the District both retain the right to terminate this Agreement upon thirty (30) days’ notice by notifying the other party in writing of such termination at the address listed in Section 10 of this Agreement.

Effective Date. The effective date of this Agreement (the “Effective Date”) is the date on which the last party executes this Agreement and delivers a fully executed counterpart hereof to the other party.

[Signature pages to follow]

IN WITNESS WHEREOF, the parties have caused this Agreement to be made and executed as of the day and date first above written.

“CITY”

CITY OF ORLANDO, FLORIDA, a
municipal corporation organized and existing
ATTEST:	under the laws of the State of Florida

By:		By:		 Name:			Mayor / Mayor Pro Tem
Title: City Clerk	Date:	

Approved as to form and legality for the use and reliance of the City of Orlando, Florida only

	, 2026

By:		 Assistant City Attorney

STATE OF FLORIDA COUNTY OF ORANGE

The foregoing instrument was acknowledged before me by means of [ ] physical presence or [ ] online notarization, this 	 day 	 2026 by 	, as
	 who is [ ] personally known to me or who has [ ] produced
	 as identification.

Printed Name:	
[SEAL]	Notary Public, State of Florida
My Commission Expires:	 My Commission No.:	

	MIDTOWN IMPROVEMENT
DISTRICT, a Florida improvement district	
ATTEST:
By:	 Print:	
Secretary/Asst. Secretary	By:	 Print:	
Chairman /Vice Chairman, Board of Supervisors	
	Date:		

STATE OF FLORIDA COUNTY OF ORANGE
The foregoing instrument was acknowledged before me by means of [ ] physical presence or [ ] online notarization, this 	 day 	 2026, by 	 as
	 of the Board of Supervisors of the Midtown Improvement District, a Florida community development district who is [ ] personally known to me or who has [ ] produced
	 as identification

Printed Name:	
[SEAL]	Notary Public, State of Florida
My Commission Expires:	 My Commission No.:	

EXHIBIT A

MAP ILLUSTRATING CITY ROW AND FUTURE CITY ROW

Proposals for Trail Repairs
(provided under separate cover)

Operation and Maintenance Expenditures Paid in January 2026 in an amount totaling $32,878.00

MIDTOWN IMPROVEMENT DISTRICT
DISTRICT OFFICE ● 3501 QUADRANGLE BLVD STE 270● ORLANDO, FL 32817 PHONE: (407) 723-5900 ● FAX: (407) 723-5901

Operation and Maintenance Expenditures For Board Approval

Attached please find the check register listing Operations and Maintenance expenditures paid from January 1, 2026 through January 31, 2026. This does not include expenditures previously approved by the Board.

The total items being presented:    $32,878.00

Approval of Expenditures:

	 Chairman

	 Vice Chairman

	 Assistant Secretary

AP Check Register (Current by Bank)
Check Dates: 1/1/2026 to 1/31/2026

Check No.	Date	Status*	Vendor ID	Payee Name	Amount	
BANK ID: OM9019 - CIT( NATIONAL BANK	001-101-0000-00-01	
1'(3	1/0'/26	P	BC#D	Boggy Creek #$%ro&e$ent Distri		)' *13	
1'( 	1/0'/26	P	B,R A-	Ber$an Construction		)3+ '0*00	
1'('	1/0'/26	P	D1- C	Dona./ 0 c#ntosh Associates		)10+313*36	
1'(6	1/0'/26	P	245A2	2utak Rock		)63 *'0	
1'((	1/20/26	P	BC#D	Boggy Creek #$%ro&e$ent Distri		) (*6'	
1'( 	1/20/26	P	B,R A-	Ber$an Construction		)1+133*33	
1'(3	1/20/26	P	C,PRA	Ce%ra 6an/sca%e		)1 + 3 *('	
1' 0	1/2(/26	P	D1- C	Dona./ 0 c#ntosh Associates		)'+203*26	
1' 1	1/2(/26	P	P7 	P7 8rou% Consu.ting		)2+316*6(	
1' 2	1/2 /26	P	B9C:AD	Brent 9cha/e$an		)200*00	
1' 3	1/2 /26	P	D;,-54	Da$on ;entura		)200*00	
1' 	1/2 /26	P	RADA 9	Rob A/a$s		)200*00	
1' '	1/2 /26	P	RD1 #-	Ron Do$ingue		)200*00	
1' 6	1/2 /26	P	R6,;,<	Richar/ 6e&ey		)200*00	
1' (	1/2 /26	P	;861BA	;8.oba.5ech		)300*00	
					BANK OM9019 REGISTER TOTAL:	$40,018.31	
BANK ID: OM-ACH - CIT( NATIONAL BANK - ACH 3 4IRES	001-101-0000-00-01	
(00 3	1/20/26	 	14C	1r.an/o 4ti.ities Co$$ission		)'+01 *31	
(00'0	1/30/26	 	BC#D	Boggy Creek #$%ro&e$ent Distri		)3+23 *0 	
					BANK OM-ACH REGISTER TOTAL:	$8,252.99	
					GRAND TOTAL :	$48,271.30	

* Check Status Types: "P" - Printed ; "M" - Manual ; "V" - Void ( Void Date ); "A" - Application; "E" - EFT
** Denotes broken check sequence.

BANK:	OM9019	CHECK:	1573	AMOUNT:	$58.13	DATE:	01/05/26	VEND ID:	BCID			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
10/31/25	OSC126433594		FR 129 - Ad: 7871272 split 5 w				$0.00		$58.13	
				TOTALS:					$0.00		$58.13	
BANK:	OM9019	CHECK:	1574	AMOUNT:	$3,850.00	DATE:	01/05/26	VEND ID:	BERMAN			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
07/07/25	54709			PA 206 - Curb maintenance				$0.00		$3,850.00	

BANK:	
OM9019	
CHECK:	
1575	TOTALS:
AMOUNT:	
$10,313.36	
DATE:	
01/05/26	
VEND ID:	$0.00
DONMC		$3,850.00	
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
11/21/25
12/19/25	48129
48283			FR 130 - Centerline Drive - Se PA 206 - Eng. srvs. thru 11/28				$0.00
$0.00		$10,084.26
$229.10	

BANK:	
OM9019	
CHECK:	
1576	TOTALS:
AMOUNT:	
$694.50	
DATE:	
01/05/26	
VEND ID:	$0.00
KUTAK		$10,313.36	
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
12/16/25	3673411			PA 206 - Gen. legal thru 11/30				$0.00		$694.50	
				TOTALS:					$0.00		$694.50	
BANK:	OM9019	CHECK:	1577	AMOUNT:	$47.65	DATE:	01/20/26	VEND ID:	BCID			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
11/30/25	OSC128495275		FR 131 - Ad: 7882584 split 5 w				$0.00		$47.65	
				TOTALS:					$0.00		$47.65	
BANK:	OM9019	CHECK:	1578	AMOUNT:	$1,139.99	DATE:	01/20/26	VEND ID:	BERMAN			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
12/01/25
12/01/25	93164
93164			PA 204 - Dec. irrigation speci PA 204 - Dec. administrator se				$0.00
$0.00		$633.33
$506.66	

BANK:	
OM9019	
CHECK:	
1579	TOTALS:
AMOUNT:	
$14,494.75	
DATE:	
01/20/26	
VEND ID:	$0.00
CEPRA		$1,139.99	
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
12/01/25
12/01/25
12/01/25
11/30/25
11/30/25
11/30/25
11/30/25
11/30/25	O-S9227 O-S9227 O-S9227 O-S9271 O-S9272 O-S9273 O-S9275 O-S9276			PA 204 - Dec. Sec. 1 landscapi PA 204 - Dec. Sec. 3 landscapi PA 204 - Dec. Sec. 2 landscapi PA 207 - Nov. Centerline Dr ma PA 207 - Nov. Centerline Dr ma PA 207 - Nov. valve replacemen PA 207 - Nov. mainline repair PA 207 - Nov. Doisy irrigation				$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00		$1,949.50
$1,850.75
$7,571.50
$750.00
$1,250.00
$520.00
$500.00
$103.00	

BANK:	
OM-ACH	
CHECK:	
70049	TOTALS:
AMOUNT:	
$5,014.91	
DATE:	
01/20/26	
VEND ID:	$0.00
OUC		$14,494.75	
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
01/02/26
01/02/26
01/02/26
01/02/26	93173-010226
93173-010226
93173-010226
93173-010226		PA 208 - 12/01/2025 - 01/02/20 PA 208 - 12/01/2025 - 01/02/20 PA 208 - 12/01/2025 - 01/02/20 PA 208 - 12/01/2025 - 01/02/20				$0.00
$0.00
$0.00
$0.00		$50.95
$988.57
$3,907.43
$67.96	

BANK:	
OM9019	
CHECK:	
1580	TOTALS:
AMOUNT:	
$5,203.26	
DATE:	
01/27/26	
VEND ID:	$0.00
DONMC		$5,014.91	
Date	Invoice Number		Invoice Description				Discount Taken		Amount Paid	
12/19/25	48282		FR 132 - Centerline Drive - Se				$0.00		$5,203.26	
			TOTALS:				$0.00		$5,203.26	

BANK:	OM9019	CHECK:	1581	AMOUNT:	$2,916.67	DATE:	01/27/26	VEND ID:	PFM			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
01/05/26	DM-01-2026-43		PA 209 - DM fee: Jan. 2026				$0.00		$2,916.67	

BANK:	
OM9019	
CHECK:	
1582	TOTALS:
AMOUNT:	
$200.00	
DATE:	
01/28/26	
VEND ID:	$0.00
BSCHAD		$2,916.67	
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
01/20/26	2026.01.20		PA 210 - Supervisor fee 2026.0				$0.00		$200.00	
				TOTALS:					$0.00		$200.00	
BANK:	OM9019	CHECK:	1583	AMOUNT:	$200.00	DATE:	01/28/26	VEND ID:	DVENTU			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
01/20/26	2026.01.20		PA 210 - Supervisor fee 2026.0				$0.00		$200.00	
				TOTALS:					$0.00		$200.00	
BANK:	OM9019	CHECK:	1584	AMOUNT:	$200.00	DATE:	01/28/26	VEND ID:	RADAMS			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
01/20/26	2026.01.20		PA 210 - Supervisor fee 2026.0				$0.00		$200.00	
				TOTALS:					$0.00		$200.00	
BANK:	OM9019	CHECK:	1585	AMOUNT:	$200.00	DATE:	01/28/26	VEND ID:	RDOMIN			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
01/20/26	2026.01.20		PA 210 - Supervisor fee 2026.0				$0.00		$200.00	
				TOTALS:					$0.00		$200.00	
BANK:	OM9019	CHECK:	1586	AMOUNT:	$200.00	DATE:	01/28/26	VEND ID:	RLEVEY			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
01/20/26	2026.01.20		PA 210 - Supervisor fee 2026.0				$0.00		$200.00	
				TOTALS:					$0.00		$200.00	
BANK:	OM9019	CHECK:	1587	AMOUNT:	$300.00	DATE:	01/28/26	VEND ID:	VGLOBA			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
12/02/25	8062			PA 210 - Oct. - Dec. ADA audit				$0.00		$300.00	
				TOTALS:					$0.00		$300.00	
BANK:	OM-ACH	CHECK:	70050	AMOUNT:	$3,238.08	DATE:	01/30/26	VEND ID:	BCID			
Date	Invoice Number		Invoice Description				Discount Taken		Amount Paid	
12/31/25
12/31/25
12/31/25
12/31/25
12/31/25	ICM2026-03 ICM2026-03 ICM2026-03 ICM2026-03 ICM2026-03		PA 208 - Dec. ICM - Aquatics PA 208 - Dec. ICM - Irrigation PA 208 - Dec. ICM - Landscapin PA 208 - Dec. ICM - Lighting
PA 208 - Dec. ICM - Reclaimed				$0.00
$0.00
$0.00
$0.00
$0.00		$100.19
$180.42
$2,881.20
$23.21
$53.06	
			TOTALS:				$0.00		$3,238.08	

Work Authorizations/Proposed Services
(if applicable)

District Financials

Midtown Improvement District
January 2026 Financial Package

January 31, 2026

PFM Group Consulting LLC
3501 Quadrangle Boulevard
Suite 270
Orlando, FL 32817-8329
(407) 723-5900

Midtown Improvement District Statement of Financial Position As of 1/31/2026	
	
General Fund		
Capital Projects Fund			
Total	
	
Assets						
Current Assets							
General Checking Account	$	68,031.85				$	68,031.85	
Infrastructure Capital Reserve	34,323.25					34,323.25	
Interchange Maintenance Reserve	4,865.06					4,865.06	
Accounts Receivable - Due from Developer			$	11,131.33			11,131.33	
Total Current Assets	$	107,220.16		$	11,131.33		$	118,351.49	
Total Assets	$	107,220.16		$	11,131.33		$	118,351.49	

Liabilities and Net Assets	
Current Liabilities							
Accounts Payable	$	18,785.24				$	18,785.24	
Due To Other Governmental Units	3,032.65					3,032.65	
Accounts Payable			$	11,131.33			11,131.33	
Deferred Revenue			11,131.33			11,131.33	
Total Current Liabilities	$	21,817.89		$	22,262.66		$	44,080.55	
Total Liabilities	$	21,817.89		$	22,262.66		$	44,080.55	

Net Assets
Net Assets - General Government
Current Year Net Assets - General Government	

$	61,256.41				

$	

61,256.41	
	24,145.86					24,145.86	

Current Year Net Assets, Unrestricted			
$	(11,131.33)			
(11,131.33)	
Total Net Assets	$	85,402.27		$	(11,131.33)		$	74,270.94	
							
Total Liabilities and Net Assets	$	107,220.16		$	11,131.33		$	118,351.49	

Page 1 of 6

Midtown Improvement District
Statement of Activities As of 1/31/2026	
	
General Fund	Capital Projects Fund		
Total	
Revenues					
Developer Contributions	$ 134,852.74		$	134,852.74	
Developer Contributions		$	15,393.30		15,393.30	
Total Revenues	

$ 134,852.74	

$	15,393.30	$	150,246.04	
Expenses					
Supervisor Fees	$	1,800.00		$	1,800.00	
Public Officials' Liability Insurance	2,743.00			2,743.00	
Management	11,666.68			11,666.68	
Engineering	1,140.35			1,140.35	
District Counsel	694.50			694.50	
Postage & Shipping	0.74			0.74	
Legal Advertising	718.43			718.43	
Web Site Maintenance	980.00			980.00	
Holiday Decorations	750.00			750.00	
Dues, Licenses, and Fees	175.00			175.00	
Electric	152.12			152.12	
Water Reclaimed	1,899.41			1,899.41	
General Insurance	3,353.00			3,353.00	
Property & Casualty	495.00			495.00	
Other Insurance	500.00			500.00	
Irrigation	4,556.50			4,556.50	
Landscaping Maintenance & Material	45,487.00			45,487.00	
Contingency	202.72			202.72	
IME - Aquatics Maintenance	400.76			400.76	
IME - Irrigation	180.42			180.42	
IME - Landscaping	11,524.80			11,524.80	
IME - Lighting	71.67			71.67	
IME - Miscellaneous	36.59			36.59	
IME - Water Reclaimed	113.02			113.02	
Pest Control	579.50			579.50	
Entry and Wall Maintenance	1,550.00			1,550.00	
Hardscape Maintenance	3,850.00			3,850.00	
Streetlights	11,673.17			11,673.17	
Personnel Leasing Agreement	4,559.96			4,559.96	
Engineering		$	24,424.02		24,424.02	
Legal Advertising		153.43		153.43	
Contingency		1,947.18		1,947.18	
Total Expenses	

$ 111,854.34	

$	26,524.63	$	138,378.97	

Page 2 of 6

Midtown Improvement District
Statement of Activities As of 1/31/2026	
	
General Fund		Capital Projects Fund			
Total	
Other Revenues (Expenses) & Gains (Losses)
Interest Income
Total Other Revenues (Expenses) & Gains (Losses)	

$	1,147.46

$	1,147.46		

$	-		

$
$	

1,147.46
1,147.46	
Change In Net Assets	$	24,145.86		$	(11,131.33)		$	13,014.53	
Net Assets At Beginning Of Year	$	61,256.41		$	-		$	61,256.41	

Net Assets At End Of Year	
$	
85,402.27		
$	(11,131.33)		
$	
74,270.94	

Page 3 of 6

Midtown Improvement District
Budget to Actual
For the Month Ending 1/31/2026

FY 2026

YTD Actual		YTD Budget	YTD Variance	Adopted Budget	Spent	

$  134,852.74		

$ 179,803.65	

$  (44,950.91)	

$ 539,410.95	

25.00%	
$ 134,852.74		$ 179,803.65	$  (44,950.91)	$ 539,410.95	25.00%	

$	1,800.00		

$	

4,000.00	

$	(2,200.00)	

$  12,000.00	

15.00%	
2,743.00			992.07	1,750.93	2,976.20	92.16%	
-			2,500.00	(2,500.00)	7,500.00	0.00%	
11,666.68			11,666.67	0.01	35,000.00	33.33%	
1,140.35			5,833.33	(4,692.98)	17,500.00	6.52%	
-			1,666.67	(1,666.67)	5,000.00	0.00%	
-			166.67	(166.67)	500.00	0.00%	
694.50			10,000.00	(9,305.50)	30,000.00	2.32%	
-			2,500.00	(2,500.00)	7,500.00	0.00%	
-			83.33	(83.33)	250.00	0.00%	
-			1,800.00	(1,800.00)	5,400.00	0.00%	
-			166.67	(166.67)	500.00	0.00%	
-			5.20	(5.20)	15.60	0.00%	
-			100.00	(100.00)	300.00	0.00%	
-			8.33	(8.33)	25.00	0.00%	
0.74			333.33	(332.59)	1,000.00	0.07%	
-			250.00	(250.00)	750.00	0.00%	
718.43			1,666.67	(948.24)	5,000.00	14.37%	
-			16.00	(16.00)	48.00	0.00%	
-			1,666.67	(1,666.67)	5,000.00	0.00%	
-			83.33	(83.33)	250.00	0.00%	
-			90.00	(90.00)	270.00	0.00%	
980.00			1,080.00	(100.00)	3,240.00	30.25%	
750.00			333.33	416.67	1,000.00	75.00%	
175.00			58.33	116.67	175.00	100.00%	
$	20,668.70		$	47,066.60	$  (26,397.90)	$ 141,199.80	14.64%	

Percentage

Revenues
Developer Contributions

Net Revenues
General & Administrative Expenses Legislative
Supervisor Fees
Financial & Administrative
Public Officials' Liability Insurance Trustee Services
Management Engineering Disclosure Property Appraiser District Counsel
Assessment Administration Reamortization Schedules Audit
Arbitrage Calculation Tax Preparation Travel and Per Diem Telephone
Postage & Shipping Copies
Legal Advertising Bank Fees Miscellaneous Meeting Room Office Supplies
Web Site Maintenance Holiday Decorations Dues, Licenses, and Fees
Total General & Administrative Expenses

Page 4 of 6

Midtown Improvement District	
Budget to Actual	
For the Month Ending 1/31/2026	
	
YTD Actual		
YTD Budget	
YTD Variance	FY 2026
Adopted Budget	Percentage Spent	

Field Operations					
Electric Utility Services					
Electric	$	152.12		$	1,000.00	$	(847.88)	$	3,000.00	5.07%	
Water-Sewer Combination Services					
Water Reclaimed		1,899.41		5,000.00	(3,100.59)	15,000.00	12.66%	
Other Physical Environment					
General Insurance		3,353.00		1,212.48	2,140.52	3,637.45	92.18%	
Property & Casualty Insurance		495.00		185.15	309.85	555.45	89.12%	
Other Insurance		500.00		500.00	-	1,500.00	33.33%	
Irrigation Repairs		4,556.50		15,000.00	(10,443.50)	45,000.00	10.13%	
Landscaping Maintenance & Material		45,487.00		53,333.33	(7,846.33)	160,000.00	28.43%	
Tree Trimming		-		3,166.67	(3,166.67)	9,500.00	0.00%	
Flower & Plant Replacement		-		5,066.67	(5,066.67)	15,200.00	0.00%	
Contingency		202.72		3,333.33	(3,130.61)	10,000.00	2.03%	
Pest Control		579.50		400.00	179.50	1,200.00	48.29%	
Interchange Maintenance Expenses					
IME - Aquatics Maintenance		400.76		424.00	(23.24)	1,272.00	31.51%	
IME - Irrigation Repairs		180.42		400.00	(219.58)	1,200.00	15.04%	
IME - Landscaping		11,524.80		11,724.84	(200.04)	35,174.52	32.76%	
IME - Lighting		71.67		160.00	(88.33)	480.00	14.93%	
IME - Miscellaneous		36.59		800.00	(763.41)	2,400.00	1.52%	
IME - Water Reclaimed		113.02		200.00	(86.98)	600.00	18.84%	
IME - Landscape Improvements		-		1,600.00	(1,600.00)	4,800.00	0.00%	
Trail Expenses					
Trail Maintenance		-		6,666.67	(6,666.67)	20,000.00	0.00%	
Road & Street Facilities					
Entry and Wall Maintenance		1,550.00		380.00	1,170.00	1,140.00	135.96%	
Hardscape Maintenance		3,850.00		1,666.67	2,183.33	5,000.00	77.00%	
Streetlights		11,673.17		12,500.00	(826.83)	37,500.00	31.13%	
Accent Lighting		-		253.33	(253.33)	760.00	0.00%	
Parks & Recreation					
Personnel Leasing Agreement - Administrator		2,026.64		2,026.67	(0.03)	6,080.00	33.33%	
Personnel Leasing Agreement - Irrigation Specialist		2,533.32		2,533.33	(0.01)	7,600.00	33.33%	
Reserves					
Infrastructure Capital Reserve		-		2,812.00	(2,812.00)	8,436.00	0.00%	
Interchange Maintenance Reserve		-		398.58	(398.58)	1,195.73	0.00%	
Total Field Operations Expenses	$	91,185.64		
$ 132,743.72	
$  (41,558.08)	
$ 398,231.15	
22.90%	
Total Expenses	$	111,854.34		
$ 179,810.32	
$  (67,955.98)	
$ 539,430.95	
20.74%	
Income (Loss) from Operations	$	22,998.40		$	(6.67)	$	23,005.07	$	(20.00)		
Other Income (Expense)					
Interest Income	$	1,147.46		$	6.67	$	1,140.79	$	20.00	5737.30%	
Total Other Income (Expense)	$	1,147.46		
$	6.67	
$	1,140.79	
$	20.00	
5737.30%	

  	
Net Income (Loss)	$	24,145.86		$	-	$	24,145.86	$	-		

Page 5 of 6

Midtown Improvement District Cash Flow

FY25 Inflows	FY25 Outflows	FY26 Inflows	FY26 Outflows	End. Cash	

329.39	
(41,541.56)	
-	
(7,091.00)	
38,644.66		
-	(11,812.34)	106.70	-	26,939.02		
-	-	4,458.53	(6,712.39)	24,685.16		
-	(9,516.91)	145,295.23	(49,650.17)	110,813.31		
-	-	5,489.84	(48,271.30)	68,031.85		
-	-	-	(15,933.89)	52,097.96	As of 2/10/2026	

Beg. Cash

9/1/2025	86,947.83	
10/1/2025	38,644.66	
11/1/2025	26,939.02	
12/1/2025	24,685.16	
1/1/2026	110,813.31	
2/1/2026	68,031.85	

Totals	329.39	(62,870.81)	155,350.30	(127,658.75)

Page 6 of 6