MINUTES OF MEETING
POINCIANA
COMMUNITY DEVELOPMENT DISTRICT

The Audit Committee meeting of the Poinciana Community Development District was held on Wednesday, January 17, 2018 at 11:00 a.m. in the Starlite Ballroom, 384 Village Drive, Poinciana, Florida.

Present were:

Robert Zimbardi	Chairman

LeRue "Skip" Stellfox
Lita Epstein
David Lane
George Flint
Michael Eckert
Michael Dell'Isola
Brian Smith

Russ Simmons

The following is a summary of the discussions and actions taken at the January 17, 2018 Poinciana Community Development District's Audit Committee Meeting.

FIRST ORDER OF BUSINESS   Call to Order and Roll Call

Mr. Zimbardi called the meeting to order at 11 :00 a.m. Board Members introduced themselves and a quorum was established.

SECOND ORDER OF BUSNESS	Pledge of Allegiance

The Pledge of Allegiance was recited.

Mr. Zimbardi requested a moment of silence on behalf of Richard Kellogg who passed

away.

THIRD ORDER OF BUSINESS	Audience Comments

Mr. Donovan Brown, a resident, spoke about Mr. Kellogg.

January 17, 2018	Poinciana CDD

FOURTH ORDER OF BUSINESS	Approval  of  January  3,  2018  Meeting

Minutes

Mr. Zimbardi presented the minutes of the January 3, 2018 meeting. There were no corrections.

On MOTION by Mr. Lane, seconded by Ms. Epstein, with all in favor, the Minutes of the January 3, 2018 Meeting were approved.

FIFTH ORDER OF BUSINESS	Consideration of Audit RFP Submissions

Mr. Flint stated that four companies responded to the District's request for proposals, which were provided to the Board, along with a summary of each firm and a scoring sheet. All firms specialize in CDD audits.

Discussion ensued. Mr. Lane noted that Grau & Associates did not mention the District in their proposal. Mr. Eckert advised the Board to score based on experience, not whether or not the District was mentioned in a proposal.

Ms. Epstein temporarily left the meeting.

After further discussion, Berger, Toombs, Elam, Gaines & Frank received 100 points and was ranked number one, McDirmit Davis & Company received 98 points and was ranked number two, Grau & Associates received 97 points was ranked number three and Carr, Riggs & Ingram received 92 points and was ranked number four.

Ms. Epstein returned to the meeting.

On MOTION by Mr. Lane, seconded by Ms. Epstein, with all in favor, the ranking of Berger, Toombs, Elam, Gaines & Frank as number one, McDirrnit Davis & Company as number two, Grau & Associates as number three, and Carr, Riggs & Ingram as number four was approved.

SIXTH ORDER OF BUSINESS	Adjournment

On MOTION by Ms. Epstein, seconded by Mr. Lane, with all in favor the Audit Committee meeting was adjourned at 11 :31 a.m.

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