Talavera Community Development District

Talavera Community Development District Board of Supervisors Meeting April 17, 2019 District Office: 5844 Old Pasco Road, Suite 100 Wesley Chapel, FL 33544 813-994-1001 www.talaveracdd.org

TALAVERA COMMUNITY DEVELOPMENT DISTRICT Talavera Amenity Center, 18955 Rococo Road, Spring Hill, FL 34610 Board of Supervisors Betty Valenti Chairman David Griffin Vice Chairman Brady Lefere Assistant Secretary Brian Soldano Assistant Secretary Lee Thompson Assistant Secretary District Manager Angel Montagna Rizzetta & Company, Inc. District Counsel Scott Steady Burr Forman, PA District Engineer Tonja Stewart Stantec Consulting All cellular phones must be placed on mute while in the meeting room. The Audience Comment portion of the agenda is where individuals may make comments on matters that concern the District. Individuals are limited to a total of three (3) minutes to make comments during this time. Pursuant to provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this meeting/hearing/workshop is asked to advise the District Office at least forty-eight (48) hours before the meeting/hearing/workshop by contacting the District Manager at (813) 933-5571. If you are hearing or speech impaired, please contact the Florida Relay Service by dialing 7-1- 1, or 1-800-955-8771 (TTY) 1-800-955-8770 (Voice), who can aid you in contacting the District Office. A person who decides to appeal any decision made at the meeting/hearing/workshop with respect to any matter considered at the meeting/hearing/workshop is advised that person will need a record of the proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is made including the testimony and evidence upon which the appeal is to be based.

TALAVERA COMMUNITY DEVELOPMENT DISTRICT DISTRICT OFFICE 5844 OLD PASCO ROAD SUITE 100 WESLEY CHAPEL, FL 33544 www.talaveracdd.org Board of Supervisors Talavera Community Development District April 9, 2019 Dear Board Members: The regular meeting of the Board of Supervisors of the Talavera Community Development District will be held on Wednesday, April 17, 2019 at 6:00 p.m., at the Talavera Amenity Center, located at 18955 Rococo Road, Spring Hill, FL 34610. 1. CALL TO ORDER/ROLL CALL 2. AUDIENCE COMMENTS ON AGENDA ITEMS 3. BUSINESS ADMINISTRATION A. Consideration of the Minutes of the Board of Supervisors Meeting held on March 20, 2019..Tab 1 B. Consideration of Operation & Maintenance Expenditures for February 2019 Tab 2 4. BUSINESS ITEMS A. Presentation of Landscape Report Tab 3 B. Consideration of Proposals from Yellowstone.Tab 4 C. Presentation of Aquatics Report.Tab 5 D. Discussion Regarding ADA Website Proposal.Tab 6 E. Consideration of Updated Lien of Record for Phase 1B-1, 1B-2 and 1E Tab 7 F. Discussion Regarding Access Cards 5. STAFF REPORTS A. District Counsel B. District Engineer C. Clubhouse Manager D. District Manager 6. SUPERVISOR REQUESTS 7. ADJOURNMENT We look forward to seeing you at the meeting. In the meantime, if you have any questions, please do not hesitate to call us at (813) 933-5571. Sincerely, Angel Montagna District Manager

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TALAVERA COMMUNITY DEVELOPMENT DISTRICT March 20, 2019 Minutes of Meeting Page 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 MINUTES OF MEETING Each person who decides to appeal any decision made by the Board with respect to any matter considered at the meeting is advised that the person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which such appeal is to be based. TALAVERA COMMUNITY DEVELOPMENT DISTRICT The regular meeting of the Board of Supervisors of Talavera Community Development District was held on Monday, March 20, 2019 at 9:00 a.m. at the Talavera Amenity Center, located at 18955 Rococo Road, Spring Hill, FL 34610. Present and constituting a quorum: Betty Valenti Brady Lefere Lee Thompson Also present were: Angel Montagna Scott Steady Audience FIRST ORDER OF BUSINESS Board Supervisor, Chairman Board Supervisor, Assistant Secretary Board Supervisor, Assistant Secretary District Manager; Rizzetta & Company, Inc. District Counsel, Burr Forman, PA Call to Order Ms. Montagna called the meeting to order and read the roll call. SECOND ORDER OF BUSINESS Audience Comments Ms. Montagna asked if there were any audience comments. The Board entertained a resident request to take down the CDD fencing so that her pool company can get access to her back yard. It was stated that the existing plant beds have Purple Queen currently. The resident will replace them with Variegated Jasmine. The resident was told that everything must be put back exactly like it was prior to the pool company accessing her back yard. On a Motion by Mr. Lefere, seconded by Mr. Thompson, with all in favor, the Board of Supervisors authorized Ms. Montagna, Mr. Brown and Ms. Valenti to walk the area prior to the resident starting construction on her pool for the Talavera Community Development District. THIRD ORDER OF BUSINESS Consideration of Minutes of the Board of Supervisors Meeting held on February 20, 2019

TALAVERA COMMUNITY DEVELOPMENT DISTRICT March 20, 2019 Minutes of Meeting Page 2 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 Ms. Montagna asked if there were any changes to the meeting minutes. There were none. On a Motion by Ms. Valenti, seconded by Mr. Lefere, with all in favor, the Board of Supervisors approved the minutes of the Board of Supervisors Meeting held on February 20, 2019 as presented for the Talavera Community Development District. FOURTH ORDER OF BUSINESS Consideration of the Operation & Maintenance Expenditures for January 2019 Ms. Montagna presented the Operation and Maintenance Expenditures for January 2019. A brief discussion ensued regarding DCSI. On a Motion by Ms. Valenti, seconded by Mr. Thompson, with all in favor, the Board of Supervisors ratified the Operation & Maintenance Expenditures for January 2019 ($48,194.67) as presented for the Talavera Community Development District. FIFTH ORDER OF BUSINESS Presentation of Landscape Report Ms. Montagna presented the January Landscape Report to the Board. Ms. Montagna presented proposals from Yellowstone. A discussion ensued. The Board only approved on of the proposals and tabled the rest until their next meeting. On a Motion by Ms. Valenti, seconded by Mr. Thompson, with all in favor, the Board of Supervisors approved Yellowstone s proposal for the Pool Equipment Bed only ($925.00 and $1,925.00) for the Talavera Community Development District. SIXTH ORDER OF BUSINESS Presentation of Aquatics Report Ms. Montagna presented the January Aquatics Maintenance Report to the Board. A discussion ensued regarding walking all ponds and making a priority list. SEVENTH ORDER OF BUSINESS Consideration of Aquatic Systems Contract Renewal Ms. Montagna presented the contract renewal for Aquatic Systems. On a Motion by Ms. Valenti, seconded by Mr. Thompson, with all in favor, the Board of Supervisors approved Aquatic Systems Renewal Contract ($595.00/monthly) for the Talavera Community Development District.

TALAVERA COMMUNITY DEVELOPMENT DISTRICT March 20, 2019 Minutes of Meeting Page 3 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 EIGHTH ORDER OF BUSINESS Ms. Montagna presented Aquatic Systems add on proposal. Consideration of Aquatic Systems add on Proposal On a Motion by Ms. Valenti, seconded by Mr. Thompson, with all in favor, the Board of Supervisors approved Aquatic Systems proposal to add on 16 additional waterways to the maintenance program ($677.00/monthly) for the Talavera Community Development District. NINTH ORDER OF BUSINESS Discussion Regarding ADA Website Proposal Ms. Montagna gave the Board an update on the ADA website compliance. TENTH ORDER OF BUSINESS This item was discussed under audience comments. ELEVENTH ORDER OF BUSINESS Ms. Montagna asked for a motion to open the public hearing. Discussion Regarding Use of District Property for Access/Pool Installation Public Hearing on Amenity Rules On a Motion by Mr. Lefere, seconded by Mr. Thompson, with all in favor, the Board of Supervisors opened the public hearing on Amenity Rules for the Talavera Community Development District. Mr. Steady reviewed the First Amendment to the Amenity Rules. A discussion ensued regarding the use of the pool facilities for parties. A few changes were made to the First Amendment to the Recreational Facilities Rules and Regulations regarding the pool facilities. Ms. Montagna asked for a motion to close the public hearing. On a Motion by Mr. Thompson, seconded by Ms. Valenti, with all in favor, the Board of Supervisors closed the public hearing on Amenity Rules for the Talavera Community Development District. TWELFTH ORDER OF BUSINESS Consideration of Resolution 2019-05, Amending Amenity Rules Ms. Montagna presented Resolution 2019-05, Amending Amenity Rules.

TALAVERA COMMUNITY DEVELOPMENT DISTRICT March 20, 2019 Minutes of Meeting Page 4 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 On a Motion by Mr. Lefere, seconded by Ms. Valenti, with all in favor, the Board of Supervisors approved Resolution 2019-05, Amending Amenity Rules as amended for the Talavera Community Development District. THIRTEENTH ORDER OF BUSINESS Consideration of Proposal for Repair of Pool Pavers Ms. Montagna stated that the proposal was not ready in time for the meeting. She suggested tabling this item. On a Motion by Mr. Lefere, seconded by Mr. Thompson, with all in favor, the Board of Supervisors authorized District Chairman to finalize the repair of the pool pavers at a not-toexceed cost of $2,000.00 for the Talavera Community Development District. FOURTEENTH ORDER OF BUSINESS A. District Counsel No report. B. District Engineer Not present. C. Clubhouse Manager Not present. Staff Reports D. District Manager Ms. Montagna announced that the next regularly scheduled meeting will be held on Wednesday, April 17, 2019 at 6:00 p.m. at the Talavera Amenity Center, located at 18955 Rococo Road, Spring Hill. FL 34610. FIFTEENTH ORDER OF BUSINESS Supervisor Requests Ms. Montagna asked if there any Supervisor requests. There were none. SIXTEENTH ORDER OF BUSINESS Adjournment Ms. Montagna stated that if there was no further business to come before the Board then a motion to adjourn would be in order. On a Motion by Mr. Lefere, seconded by Ms. Valenti, with all in favor, the Board of Supervisors adjourned the meeting at 10:08 a.m. for the Talavera Community Development District.

144 145 146 147 Assistant Secretary TALAVERA COMMUNITY DEVELOPMENT DISTRICT March 20, 2019 Minutes of Meeting Page 5 Chairman / Vice Chairman

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TALAVERA COMMUNITY DEVELOPMENT DISTRICT DISTRICT OFFICE 5844 OLD PASCO ROAD SUITE 100 WESLEY CHAPEL, FLORIDA 33544 Operations and Maintenance Expenditures February 2019 For Board Approval Attached please find the check register listing the Operation and Maintenance expenditures paid from February 1, 2019 through February 28, 2019. This does not include expenditures previously approved by the Board. The total items being presented: $44,289.86 Approval of Expenditures: Chairperson Vice Chairperson Assistant Secretary

Talavera Community Development District Paid Operation & Maintenance Expenditures February 1, 2019 Through February 28, 2019 Vendor Name Check Number Invoice Number Invoice Description Invoice Amount Aquatic Systems, Inc. 000874 0000435434 Monthly Aquatic Service 02/19 $ 595.00 Burr & Forman, LLP 000868 1067861 General Legal Services 01/19 $ 1,400.00 GEC Services LLC dba Office Pride 000878 RC000072691 Janitorial Services 02/19 $ 654.16 Illuminations Holiday Lighting, LLC 000876 2022119 Final Payment Holiday Lighting & $ 1,750.00 Decoration 12/18 Lee R. Thompson 000881 LT022019 Board Of Supervisor Meeting $ 216.02 02/20/19 Nvirotect Pest Control Services 000877 169910 Pest Control Treatment 02/19 $ 70.00 Pasco County Utilities 000869 11533108 Utility Services 12/21/18-01/22/19 $ 211.80 Poop 911 Tampa 000853 2570976 Monthly Cleaning 5 Pet Waste $ 172.25 Stations 01/19 Rizzetta & Company, Inc. 000854 INV0000037947 District Management Fees 02/19 $ 4,045.00 Rizzetta Amenity Services, Inc. 000858 INV00000000005864 Bi-Weekly Payroll 02/08/19 $ 3,867.44 Rizzetta Amenity Services, Inc. 000879 INV00000000005897 Bi-Weekly Payroll 02/22/19 $ 3,016.72 Rizzetta Technology Services, LLC 000855 INV0000004074 Website Hosting Services 02/19 $ 100.00 Robert Saliva 000856 5754 Replace Power Supply on Pool Gates $ 215.00 02/19 Rust Off Inc. 000859 20256 Gallons RX-10 Chemical For Rust $ 149.50 Control 01/19 Spectrum Business 000875 077974101021519 18955 Rococo Rd 02/19 $ 159.96 Stantec Consulting Services, Inc. 000870 1469378 Engineering Services 01/19 $ 1,732.50 Suncoast Pool Service 000880 5079 Pool Service 02/19 $ 1,050.00 Talavera CDD CD005 CD005 Debit Card Replenishment $ 300.99 Times Publishing Company 000871 736402 Acct # 121610 Legal Advertising $ 100.40 02/08/19 US Bank 000860 5253564 Trustee Fees 01/01/19-12/31/19 $ 6,900.00 WREC 000872 WREC Electric Summary Electric Summary 01/19 $ 6,132.99 01/19 Yellowstone Landscape 000857 INV-0000246954 Irrigation Repairs 01/19 $ 124.87 Yellowstone Landscape 000857 INV-0000246978 Irrigation Repairs 01/19 $ 367.00 Yellowstone Landscape 000861 INV-0000247344 Irrigation Repairs 01/19 $ 55.76 Yellowstone Landscape 000873 INV-0000248286 Annual Mulch Install 01/19 $ 10,902.50 Report Total $ 44,289.86

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TALAVERA FIELD INSPECTION REPORT March 8, 2019 Rizzetta & Company Tyree Brown- Field Services Manager

Summary & Talavera General Updates, Recent & Upcoming Maintenance Event Replace Chinch Bug damaged turf at the amenity center. Treat turf weeds at the amenity center grounds. Replace missing Red Cedar under warranty. The following are action items for Yellowstone to complete. Please refer to the item # in your response listing action already taken or anticipated time of completion. Red text indicates deficient from previous report. Bold Red text indicates deficient for more than a month. Green text indicates a proposal has been requested. Blue indicates irrigation. 1. Treat Dollar weed in the turf around the amenity center. 2. Investigate the removal of 3 Bald Cypress on the stormwater pond bank behind the amenity center playground. 3. Continue to treat and monitor Feijoa at the amenity center and the community monument entrances for fungus.(photo 1) 4. Spray weeds in the pool equipment area of the amenity center. 5. Remove dead and declining Lorapetalum at the front of the amenity center. 6. Continue to treat Viburnum hedge at the pool equipment area of the amenity center for fungus. 7. Treat active fire ant mounds in the community. 8. Replace Red Cedar along fence line of Chaya Court under warranty.(photo11) 9. Continue to Treat Feijoa for fungus along the fence line of the amenity center west side. 10. Develop plan to replace missing Purple Queen in plant beds on both sides of Talavera. Created from frost damage. 11. Develop plan to improve the community entrance beds at US 41 and Talavera. Increase size of Jasmine Minima and reduce size of mulch bed with turf addition. 2

12. Replace Chinch Bug damaged turf at the amenity center near the playground and sidewalk under warranty. Provide completion date. (96) 13.Remove dead branches from Pine Tree on the north side of Talavera. 14. Allow the Viburnum hedge on both sides of Talavera to increase in size up to top border of fence. Talavera 1 96 15. Weed tree rings around the stormwater pond bank behind the tennis court at the amenity center. 16. Monitor off color Sabal Palm along the east fence of the pool at the amenity center. 11 3

Talavera On Site Report Thursday, March 28, 2019 Prepared For Talavera CDD 17 Observations Identified

Observation 1 The tree line looks a lot better now that the dead trees have been removed. Observation 2 Viburnum hedges at the amenities center is back and thriving! We will continue to let them grow. Observation 3 Tall grasses around the ponds have been cut down community wide

Observation 4 Proposal to improve/ unify the appearance of the two monuments to be submitted 3/18/2019. Observation 5 Sod vendor returned 3/14/2019 to add more sod to the areas that were missed. Observation 6 New sod added on 3/14/2019 to the areas that the vendor missed.

Observation 7 Sod added to around the playground 3/14/2019. Observation 8 We trimmed the dead over hanging palm limbs at the outbound side monument. Observation 9 A picture of a newly installed water spigot March 18, 2019. As asked we installed one at the mailbox pavilion, one at the playground area, and two at the Amenities Center. The spigots are in ground instead of having an ugly posts around the community.

Observation 10 The spigots are located under 10 circular valve covers. Observation 11 Per the follow up email, we removed the Loropetalum from the center median beds. Observation 12 Before we filled in behind the monument at the amenities center on March 15, 2015.

Observation 13 After we filled in behind the monument at the amenities center March 15, 2019 Observation 14 New cedar tree has been installed March 27, 2019. Observation 15 Abelia has been installed and the Loropetalum has been removed. March 27, 2019

Observation 16 Abelia around the palm tree on the left side of the amenities center Observation 17 Abelia around the palm at the right side of the amenities center. Matthew Matos Yellowstone Landscape

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Talavera CDD Waterway Inspection Report Reason for Inspection: Routine Post treatment Scheduled follow - Monthly up Inspection Date: 3/14/2019 12 Prepared for: Ms. Angel Montagna, CDD District Manager Rizzetta & Company 5844 Old Pasco Road, Suite #100 Wesley Chapel, Florida 33544 Prepared by: Peter Simoes, Account Representative/Biologist Aquatic Systems, Inc. Wesley Chapel Field Office Corporate Headquarters 2100 N.W. 33 rd Street, Pompano Beach, FL 33069 1-800-432-4302

Talavera CDD Waterway Inspection Report 3/14/2019 Site: 110, 105 Comments: Site A light looks surface good film was observed near the bridge area. photo Substantial erosion was noted within Ponds #110 (top) and #105 (right). Remediation is recommended. New growth of desirable Gulf Spikerush was also observed during today's inspection. Site: 120A, 120B Comments: Treatment Water clarity in progress was excellent. Wildlife utilization was high with A large several washout species was noted of water alongfowl the perimeter observed. of Pond photo #120A above (top). Remediation This indicates is highly that the recommended. Positive herbicide application results were noted within Ponds #120A and #120B (right). Aquatic Systems, Inc. 1-800-432-4302 1

Talavera CDD Waterway Inspection Report 3/14/2019 Site: 130, 220 Comments: Treatment A light surface in progress film was observed near the bridge area. photo No issues were noted during today s inspection of Pond #130 (top). Normal growth of algae was present along the immediate perimeter of Pond #220 (right), which will be targeted during our upcoming scheduled treatment dates. Site: 120C, 230 Comments: Treatment Water clarity in progress was excellent. Wildlife utilization was high with Overall, several Ponds species #120C of (top) water and #230 fowl (right) observed. looked good. photo Theabove minor new This growth indicates of terrestrial that the weeds within the center of Pond #120C will be treated during our routine visits and positive results may be expected within 14-21 days following treatment. Aquatic Systems, Inc. 1-800-432-4302 1

Talavera CDD Waterway Inspection Report 3/14/2019 Site: 310B, 300 Comments: Site A light looks surface good film was observed near the bridge area. photo Ponds #310B (top) and #300 (right) looked good. Site: 310A, 150 Comments: Site Water looks clarity good was excellent. Wildlife utilization was high with Pond several #310A species (top) continues of water to look fowl good. observed. Minor submersed photo Naiad above wasthis present indicates within Pond that the #150 (right) which will continue to be monitored and re-treated as necessary. Aquatic Systems, Inc. 1-800-432-4302 1

Talavera CDD Waterway Inspection Report 3/14/2019 Site: 170, 100 Comments: Site A light looks surface good film was observed near the bridge area. photo New growth of desirable Gulf Spikerush was present within Ponds #170 (top) and #100 (right). The minor submersed Slender Spikerush will continue to be monitored and treated as necessary. Site: 190, 180 Comments: Site Water looks clarity good was excellent. Wildlife utilization was high with Theseveral open water species of Ponds of water #190 (top) fowl and observed. #180 (right) looked photo good. above Substantial This indicates erosion was that the observed within Pond #180 (bottom right). Remediation is highly recommended. The minor Cattails will be spot-treated to avoid collateral damage to the native Gulf Spikerush. Aquatic Systems, Inc. 1-800-432-4302 1

Talavera CDD Waterway Inspection Report 3/14/2019 Site: 160, 370 Comments: Site looks good High water clarity was noted within Pond #160 (top) and clean exposed banks along Pond #370 (right). Management Summary The waterway inspection report for Talavera CDD was completed on March 14th, 2019 for all ponds. Although current conditions favor algal development within the stormwater retention ponds, minimal growth was observed during today s inspection. Minor algae was present along the immediate perimeter of Pond #220 and within Pond #120A, both of which will be treated during our upcoming scheduled treatment dates. Algae is expected to clear within 14-21 days following algaecide application. Overall, the inspected shorelines were observed to be in good condition. Many of the Talavera ponds were noted with positive results following recent herbicide applications. Minor Cattails were noted along the perimeter of Pond #180, which will be spot-treated during our routine scheduled visits to avoid collateral damage to the desirable vegetation. Lastly, erosions was noted within Ponds #105, #100, #110, #120A, #220 and #370. Remediation is recommended. Recommendations/Action Items - Continue Routine Maintenance. - Promote Native Vegetation. - Treat minor algae within Ponds #220 and #120A. - Thank You For Choosing Aquatic Systems, Inc.! NOTE: Erosion was noted along the perimeter of Ponds #105, #100, #110, #120A, #220 and #370. Remediation is recommended. Aquatic Systems, Inc. 1-800-432-4302

Talavera CDD Waterway Inspection Report 3/14/2019 Aquatic Systems, Inc. 1-800-432-4302

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THIS INSTRUMENT PREPARED BY AND RETURN TO: Scott I. Steady, Esq. Burr & Forman LLP 201 N Franklin Street, Suite 3200 ABOVE SPACE RESERVED FOR Tampa, Florida 33602 RECORDING PURPOSES ONLY UPDATED LIEN OF RECORD AND DISCLOSURE OF PUBLIC FINANCING OF THE TALAVERA COMMUNITY DEVELOPMENT DISTRICT The Talavera Community Development District (the District ) is a local unit of special purpose government of the State of Florida, established under and pursuant to the Uniform Community Development District Act of 1980, Chapter 190 of the Florida Statutes, and Pasco County Ordinance No. 06-33. The legal description of the applicable lots encompassed within the District is attached hereto as Exhibit A. Notice is hereby given that the District enjoys a governmental lien of record on the property within the District described in the attached Exhibit A. Such lien is coequal with the lien of all state, county, district and municipal taxes and superior in dignity to all other liens, titles and claims until paid pursuant to Section 170.09 of the Florida Statutes. The District's lien secures the payment of special assessments levied in accordance with the Florida Statutes, which in turn secure the payment of the District's bonds as described in further detail in this Disclosure. Pursuant to Section 190.009 of the Florida Statutes, the District is required to take affirmative steps to provide for the full disclosure of information relating to the public financing and maintenance of improvements to real property undertaken by the District. The District has previously recorded that certain Lien of Record and Disclosure of Public Financing of Talavera Community Development District recorded on August 24, 2015, at Book 9245, Page 3513, of the public records of Pasco County, Florida (the 2015 Lien of Record and Disclosure ) to fulfill this requirement. This 2017 Updated Lien of Record and Disclosure of Public Financing and the District's publicly available records are intended to supplement the 2015 Lien of Record and Disclosure with additional information relating to the District's public financing. Disclosure of Public Financing The District is empowered by Chapter 190 of the Florida Statutes to plan, finance, construct, operate and maintain, for the benefit of its residents, certain community-wide infrastructure facilities and services (the Infrastructure ). A current summary of the Infrastructure that the District maintains is included in this Disclosure. The improvements of and maintenance to Infrastructure are funded in part by the District's issuance and sale of tax-exempt bonds. On February 6, 2007, the Circuit Court of the Sixth Judicial Circuit of the State of Florida, in and for Pasco County, Florida, entered a Final Judgment validating the District's ability to issue an aggregate principal amount not to exceed $43,000,000 in Capital Improvement Revenue Bonds for infrastructure needs of the District. In 2015, pursuant to Chapters 33090119 v1

170, 190 and 197 of the Florida Statutes, Ordinance No. 14-23 and Resolution Nos. 2015-06, 2015-07 and 2015-09, the District adopted and levied special assessments (the Series 2016A Special Assessments ) to finance construction and maintenance costs of the District's improvements to Infrastructure (the Improvements ). Resolution 2015-09 required that, as each series of bonds was issued to fund all or any portion of the Improvements, a supplemental resolution would be adopted to set forth the specific terms of the bonds and to certify the amount of the lien of the special assessments securing any portion of the bonds. Accordingly, Resolution No. 2017-05 was adopted to state that the Series 2016A Special Assessments would secure $3,405,000 Talavera Community Development District Capital Improvement Revenue Bonds, Series 2016A-1 and $3,330,000 Talavera Community Development District Capital Improvement Revenue Bonds, Series 2016A-3 (collectively, the Series 2016A Bonds ) and to set forth the required details regarding the Series 2016A Special Assessments. Resolution No. 2017-06 was subsequently adopted to modify and correct the Final Supplemental Special Allocation Report and the Series 2016A Assessment Roll originally described in and attached to Resolution No. 2017-05. The Series 2016A Bonds and interest due thereon are payable solely from and secured by the levy of non-ad valorem assessments against lands within the District that benefit from the construction, acquisition, establishment and operation of the District's Improvements (the Debt Assessment ). The Debt Assessment pertaining to the Series 2016A Bonds is comprised of the Series 2016A Assessments, as amended, which are levied and collected by the District pursuant to Section 190.022 of the Florida Statutes and in accordance with the terms of the Declaration of Consent to Jurisdiction of the Talavera Community Development District Imposition of Special Assessments, and Imposition of Lien of Record recorded on August 24, 2015, at Book 9245, Page 3507 of the public records of Pasco County, Florida (the 2015 Declaration of Consent ) and the Declaration of Consent to Jurisdiction of Talavera Community Development District and to Imposition of Special Assessments recorded on January 4, 2017, at Book 9480, Page 936, of the public records of Pasco County, Florida (the 2017 Declaration of Consent ), and the 2015 Lien of Record and Disclosure. The schedule of annual debt service obligations of a particular parcel that must be defrayed by the Debt Assessment will depend upon the size and type of property. A copy of the District's assessment methodology is available for review in the District's public records. Additionally, the District adopts annual operations and maintenance assessments (the O/M Assessment ) to fund the District's operations and maintenance activities. The O/M Assessment is determined and calculated annually by the Board after it has adopted its operations and maintenance budget for the year. The Debt Assessment and O/M Assessment are billed and collected in the same manner as are county ad valorem taxes. All owners of property located within the District are obligated to pay to the District the Debt Assessment, O/M Assessment and any outstanding special assessments that the District has levied or will levy in the future, including but not limited to those referenced in the 2015 Declaration of Consent, the 2017 Declaration of Consent and the 2015 Lien of Record and Disclosure, if applicable. Prospective purchasers of property within the District should contact the District Manager to determine the outstanding assessments for that property. A property owner's failure to pay the District's assessments may result in the property owner's loss of title. 33090119 v1 2

Disclosure of Maintenance of Improvements The District is responsible for the maintenance of certain Improvements within the District including the stormwater management system, roads, landscaping, and monuments as well as amenities including the clubhouse, pool and sport courts. Additional Information/Public Records All Board meetings are open to the public and are noticed in a local newspaper. Consistent with the State's public records laws, District records are available for public inspection during normal business hours. Elected Board members are bound by the State's open meetings law and are subject to the same disclosure requirements as other elected officials under State ethics laws. This Disclosure provides a summary of the District's public financing and maintenance of Improvements and is subject to supplementation and clarification by the District's public records and other sources from which this information is derived. For additional information, please contact the District Manager at: Rizzetta & Company, Inc., 12750 Citrus Park Lane, Suite 115, Tampa, Florida 33625; 813-933-5571 or visit http://talaveracdd.org. IN ADDITION TO LIEN RIGHTS DESCRIBED IN PUBLICLY AVAILABLE DISTRICT MATERIAL, INCLUDING RECORDED DOCUMENTS RELATING TO THE IMPOSITION OF SPECIAL ASSESSMENTS BY THE DISTRICT, THIS INSTRUMENT ALSO CONSTITUTES A LIEN OF RECORD FOR PURPOSES OF CHAPTER 197 OF THE FLORIDA STATUTES AND ALL OTHER APPLICABLE PROVISIONS OF THE FLORIDA STATUTES AND ANY OTHER APPLICABLE LAW. [Remainder of page intentionally left blank; signature page follows.] 33090119 v1 3

IN WITNESS WHEREOF, this Updated Lien of Record and Disclosure of Public Financing by the Talavera Community Development District has been executed as of the day of March, 2019, and will be recorded in the official records of Pasco County, Florida. TALAVERA COMMUNITY DEVELOPMENT DISTRICT Witness Print Name By: Name: Title: Witness Print Name STATE OF FLORIDA COUNTY OF The foregoing instrument was acknowledged before me this day of March, 2019, by, as of the Talavera Community Development District, who is personally known to me or has produced a Florida Drivers License as identification. Notary Public, State of Florida Print Name: Commission No.: My Commission Expires: 33090119 v1 4

EXHIBIT A Lots 1, 31-57, Block 1; Lots 1-8, Block 16; and Lots 1, 2, 13-20, Block 17 of TALAVERA PHASE 1B-1 according to the plat thereof recorded in Plat Book 76, Pages 68 71 of the Public Records of Pasco County, Florida. AND Lots 2-30, Block 1; Lots 9-16, Block 16; and Lots 3-12, Block 17 of TALAVERA PHASE 1B-2 according to the plat thereof recorded in Plat Book 78, Pages 64 67 of the Public Records of Pasco County, Florida. AND Lots 1-37, Block 7; Lots 1-18, Block 8; and Lots 1-15, Block 9 of TALAVERA PHASE 1E according to the plat thereof recorded in Plat Book 78, Pages 1 5 of the Public Records of Pasco County, Florida. 33090119 v1 5