MINUTES OF MEETING
RIVERS EDGE III COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Rivers Edge III Community Development District was held on Wednesday, April 16, 2025 at 9:00 a.m. at the RiverTown Amenity Center, 156 Landing Street, St. Johns, Florida.

Present and constituting a quorum were:

DJ Smith	Chairman
Jason Thomas	Vice Chairman
Jarrett O’Leary	Supervisor Also present were:
Corbin deNagy	District Manager
Lauren Gentry by phone	District Counsel
Mary Grace Henley	District Counsel
Jeff Mason	District Engineer
Richard Losco	General Manager
Jason Davidson	Regional General Manager
Kevin McKendree	Field Operations Manager
Blake Dougherty	Yellowstone Landscape
Malcolm Santos	Yellowstone Landscape
Kim Fatuch	Assistant General Manager
Ken Council	Amenity Manager Several Residents

The following is a summary of the discussions and actions taken at the April 16, 2025 meeting.
FIRST ORDER OF BUSINESS	Roll Call
Mr. deNagy called the meeting to order at approximately 9:00 a.m.

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

THIRD ORDER OF BUSINESS	Staff Reports
Landscape Maintenance – Monthly Report

A copy of Yellowstone’s monthly landscape maintenance report was included in the agenda package for the Board’s review. Mr. Santos stated that there are hot spots in a lot of places right now.
Mr. Smith stated that he understands the importance of getting hot spots fixed, so if that means running irrigation extra, it’s more important for that to be addressed than to pay for the damaged turf because it will outweigh the cost of irrigation. Mr. Smith stated that CDD 2 and CDD 3 will not pay for damaged turf as a result of CDD 1’s directive to reduce irrigation costs.

District Engineer
Mr. Mason stated that Prosser is still wrapping up the RiverTown Forest project and getting final approvals, so the transition will be taking place in the near future.
Ms. Henley stated that the acquisition package is in front of the board today for approval in substantial form, so it can be adjusted as needed.
District Counsel
Ms. Henley updated the Board on the bills moving through the legislative session that would affect special districts, including one proposing to increase the sovereign immunity limits over time. A newsletter outlining numerous legislative updates has been distributed to the Board members.
District Manager – Overview of the Fiscal Year 2026 Budget
Mr. deNagy stated that he has worked with Vesta on the budget and cost share items and will continue to work over the next few weeks to put a proposed budget before the Board at the May meeting.

General Manager - Monthly Operations and Pond Reports
A copy of the monthly operations report was included in the agenda package. Mr. Losco stated that the Florida Wildlife Commission contacted Vesta regarding the derelict sailboat and indicated that it will be removed.
FOURTH ORDER OF BUSINESS	Approval of Consent Agenda
Minutes
March 19, 2025 Audit Committee Meeting
March 19, 2025 Board of Supervisors

Financial Statements as of February 28, 2025
Check Register
Ratification of Construction Funding Request Nos. 1-5 and No. 7
Copies of the minutes, financial statements, check register totaling $858,314.54, and construction funding requests 1 through 5 and 7 were included in the agenda package for the Board’s review.

On MOTION by Mr. Smith seconded by Mr. Thomas with all in favor the consent agenda was approved.

FIFTH ORDER OF BUSINESS	Consideration	of	Rivertown	Forest
Acquisition
Ms. Henley presented the preliminary acquisition package noting that staff is still working to finalize cost estimates and improvement categories.

On MOTION by Mr. Smith seconded by Mr. Thomas with all in favor the Rivertown Forest acquisition package was approved in substantial form with staff authorized to finalize as needed.

SIXTH ORDER OF BUSINESS	Acceptance of the Fiscal Year 2024 Audit
Report
Mr. deNagy presented the Fiscal Year 2024 audit report noting that there are no negative findings to report.

On MOTION by Mr. Smith seconded by Mr. Thomas with all in favor the fiscal year 2024 audit report was accepted.

SEVENTH ORDER OF BUSINESS	Consideration of Cost Share Requests
Addendum to Pond Maintenance Contract for Pond 96
Mr. Losco presented a cost share request for adding pond 96 within CDD 3 to the pond maintenance contract for a total of $852 per year. Rivers Edge III’s portion of the cost share would be $298.80 per year.

On MOTION by Mr. Smith seconded by Mr. Thomas with all in favor the cost share request and proposal to add pond 96 to the pond maintenance contract was approved.

Replacement of Umbrellas and Bases at the RiverClub Pool
Mr. Losco presented a cost share request to replace 15 umbrellas and bases at the RiverClub pool. Two proposals were provided, one totaling $14,895.95 from Fiberbuilt, and the other totaling $14,540 from Southern Breeze. Both have similar warranties.

On MOTION by Mr. Smith seconded by Mr. Thomas with all in favor the proportionate cost share for the proposal from Southern Breeze to replace the umbrellas and bases at the RiverClub was approved subject to CDDs 1 and 2 approving the same.

Installation of Water Fountain in the River House Gym
Mr. Losco presented a cost share request to install a water fountain in the River House gym. Two proposals were provided, one totaling $5,200 from Affordable Plumbing, and the other totaling $10,175 from Rolland Reash Plumbing. Both have similar warranties. Currently, Crystal Water is delivering water jugs for an average cost of $631.08 per month, so an estimated savings of $7,500 per year is expected around eight months after the fountain is installed.

On MOTION by Mr. Smith seconded by Mr. Thomas with all in favor the proportionate cost share for the proposal from Affordable Plumbing to install a water fountain was approved subject to CDDs 1 and 2 approving the same.

EIGHTH ORDER OF BUSINESS	Consideration of Funding Request Nos. 47
and 48
Copies of funding request number 47 totaling $146,367.97 and funding request number 48 totaling $600,000 were included in the agenda package for the Board’s review.

On MOTION by Mr. Thomas seconded by Mr. Smith with all in favor funding request numbers 47 and 48 were approved.

NINTH ORDER OF BUSINESS	Consideration of Aged Yellowstone
Invoices
Mr. deNagy presented invoice 797632 from Yellowstone totaling $7,275 from November 2024 for Hurricane Helene clean-up. With this invoice being older than 120 days, it requires board approval.

On MOTION by Mr. Smith seconded by Mr. Thomas with all in favor invoice 797632 from Yellowstone was approved.

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

ELEVENTH ORDER OF BUSINESS	Audience Comments
There being none, the next item followed.

TWELFTH ORDER OF BUSINESS	Next	Scheduled	Meetings	–	Audit
Committee and Regular Board of Supervisors Meetings on May 21, 2025 at 9:00 a.m. at the RiverHouse

THIRTEENTH ORDER OF BUSINESS	Adjournment

On MOTION by Mr. Smith seconded by Mr. Thomas with all in favor the meeting was adjourned.

Secretary/Assistant Secretary	Chairman/Vice Chairman