MINUTES OF MEETING

OLYMPUS COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS' MEETING
Thursday, June 12, 2025, at 11:00 a.m.
Holiday Inn Express 1810 S. HWY. 27, Clermont, FL 34711

Board Members present:

Board Members present:

Michael Carroll, Jr. Russ Caldwell Andrew Reber
Also attending:

Chair
Vice Chair Assistant Secretary

Lynne Mullins Verona Griffith Blake Firth Johnathan Johnson Rob Rosen
Sam Abruzzo John Balzano

FIRST ORDER OF BUSINESS

PFM PFM PFM
Kutak Rock Burr & Forman David Weekly Ziegler

(via phone) (via phone) (via phone) (via phone) (via phone) (via phone)

Organizational Matters

Roll Call to Confirm Quorum

Ms. Mullins called the meeting to order at 11:00 a.m. and a quorum was established.

SECOND ORDER OF BUSINESS	Public Comment Period

Ms. Mullins called for public comments. There were no public comments.

THIRD ORDER OF BUSINESS	Consideration of the Minutes of the May 8, 2025, Board of Supervisors' Meeting
The Board reviewed the minutes.

On motion by Mr. Carroll, seconded by Mr. Caldwell, with all in favor, the Board of Supervisors for the Olympus Community Development District approved the Minutes of the May 8, 2025, Board of Supervisors Meeting.

FOURTH ORDER OF BUSINESS	Consideration of the Minutes of the May 8, 2025, Auditor Selection Committee Meeting

The Board reviewed the minutes.

On motion by Mr. Carroll, seconded by Mr. Reber, with all in favor, the Board of Supervisors for the Olympus Community Development District approved the Minutes of the May 8, 2025, Auditor Selection Committee Meeting.

FIFTH ORDER OF BUSINESS	Business Matters

Consideration of Assignment of Impact Fee Credits

Mr. Johnson gave an overview of the impact fee credits and recommended approval.

On motion by Mr. Carroll, seconded by Mr. Reber, with all in favor, the Board of Supervisors for the Olympus Community Development District approved the Assignment of Impact Fee Credits.

SIXTH ORDER OF BUSINESS	Consideration of Partial Payment Under Advance Funding Agreement

On motion by Mr. Carroll, seconded by Mr. Reber, with all in favor, the Board of Supervisors for the Olympus Community Development District approved the Partial Payment Under Advance Funding Agreement.

SEVENTH ORDER OF BUSINESS	Consideration	of	Settlement Agreement in Substantial Form

Mr. Johnson gave an overview of the agreement and the payments under the agreement. He noted this is still a work in progress and recommended approval in substantial form.

On motion by Mr. Carroll, seconded by Mr. Reber, with all in favor, the Board of Supervisors for the Olympus Community Development District approved the Settlement Agreement in Substantial Form.

EIGHTH ORDER OF BUSINESS	Consideration	of Partial Assignment of Rights Under the Completion Agreement in Substantial Form

Mr. Johnson gave an overview of the agreement.

On motion by Mr. Carroll, seconded by Mr. Reber, with all in favor, the Board of Supervisors for the Olympus Community Development District approved the Partial Assignment of Rights Under the Completion Agreement in Substantial Form.

NINTH ORDER OF BUSINESS	Ratification	of	Payment Authorization No. 114-115

Ms. Mullins noted these payment authorizations have been approved and paid and are solely for ratification.

On motion by Mr. Carroll, seconded by Mr. Caldwell, with all in favor, the Board of Supervisors for the Olympus Community Development District ratified Payment Authorization No. 114-115.

TENTH ORDER OF BUSINESS	Review	of	District's	Financial Position and Budget to Actual YTD

The Board reviewed the District's financial position and budget through April 2025. Ms. Mullins stated that the District has spent approximately 36% of the budget.

ELEVENTH ORDER OF BUSINESS	Other Business Staff Reports
District Counsel -	No report.

District Engineer - District Manager - Developer's Report -

No report. No report. No report.

TWELFTH ORDER OF BUSINESS	Supervisor	Requests Audience Comments

and

There were no supervisor requests or audience comments at this time.

THIRTEENTH ORDER OF BUSINESS	Adjournment

Ms. Mullins called for a motion.

On motion by Mr. Reber, seconded by Mr. Caldwell, with all in favor, the June 12, 2025, Meeting of the Board of Supervisors for the Olympus Community Development District was adjourned.

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