MINUTES OF MEETING TESORO COMMUNITY DEVELOPMENT DISTRICT The regular meeting of the Board of Supervisors of the Tesoro Community Development District was held Wednesday, June 12, 2024 at 10:00 a.m. at 125 Via Tesoro Boulevard, 2nd Floor, Port St. Lucie, Florida. Present and constituting a quorum were: John Vogt Chairman Rod O'Conner Vice Chairman Allen Borden Assistant Secretary Rosemary Jones Assistant Secretary Emily Jones Assistant secretary Also present were: Jason Showe District Manager Bill Capko by telephone District Attorney Roberto Cabrera District Engineer Matt Hans GMS Alan Scheerer Field Manager Ronnie Howell Native Lands FIRST ORDER OF BUSINESS Roll Call Mr. Showe called the meeting to order and called the roll. There were five Supervisors present constituting a quorum. SECOND ORDER OF BUSINESS Public Comment Period There being no comments, the next item followed. June 12, 2024 TesoroCDD THIRD ORDER OF BUSINESS Approval of the Minutes of the August 21, 2023 Meeting On MOTION by Mr. Vogt seconded by Ms. Rosemary Jones with all in favor the minutes of the August 21, 2023 meeting were approved as presented. FOURTH ORDER OF BUSINESS Consideration of Resolution 2024-01 Approving the Fiscal Year 2025 Proposed Budget and Setting a Public Hearing Mr. Showe stated Resolution 2024-01 approves the proposed fiscal year 2025 budget, sets the public hearing, authorizes staff to provide the approved budget to St. Lucie County and to post it on the district's website. Mr. Showe noted that he had been requested to change the public hearing date to September 5th if we have a quorum. It was the consensus of the board to change the public hearing date to September 5,2024. Mr. Showe stated the budget is similar to what we have approved the last few years with no increase in assessments. *Mr. 0 'Connor joined the meeting at this time. On MOTION by Ms. Rosemary Jones seconded by Mr. Borden with all in favor Resolution 2024-01 approving the proposed fiscal year 2025 budget and setting the public hearing for September 5, 2024 was approved. FIFTH ORDER OF BUSINESS Consideration of Resolution 2024-02 Relating to the General Election and Quallfying Period & Procedure Mr. Showe stated Resolution 2024-02 is related the general election . There are three seats up for election this year in the general election process: seat 3 currently held by Mr. O'Conner, seat 4 held by Mr. Borden and seat 5 held by Mr. Vogt. These seats will be filled by the general election process, and to qualify people need to go through the supervisor of elections and the qualification period started Monday and will run to noon on Friday. You have to be a registered voter residing within the district to qualify. 2 June 12, 2024 Tesoro CDD On MOTION by Mr. O'Connor seconded by Mr. Vogt with all in favor Resolution 2024-02 Relating to the General Election and Qualifying Period & Procedure was approved. SIXTH ORDER OF BUSINESS Consideration of Resolution 2024-03 Appointing Assistant Treasurers Mr. Showe stated we relocated the accounting function to the South Florida office and Resolution 2024-03 appoints Patti Powers and Rich Hans of that office as assistant secretary and assistant treasurer for the purpose of signing checks and documents. On MOTION by Mr. O'Connor seconded by Mr. Borden with all in favor Resolution 2024-03 Appointing Assistant Treasurers was approved. SEVENTH ORDER OF BUSINESS Presentation of Fiscal Year 2023 Financial Audit Report Mr. Showe stated in the letter to management there were no prior year or current year findings or recommendations and it is a clean audit. On MOTION by Ms. Rosemary Jones seconded by Mr. O'Connor with all in favor the Fiscal Year 2023 audit report was accepted and staff was directed to transmit the final report to the State of Florida. EIGHTH ORDER OF BUSINESS Staff Reports A. Attorney There being none, the next item followed. B. Engineer There being none, the next item followed. C. Manager Mr. Showe stated there is new legislation that will require the district to come up with goals and objectives that must be approved by October 1st. 3 June 12, 2024 Tesoro CDD i, Approval of Check Register On MOTION by Ms. Rosemary Jones seconded by Mr. O'Connor with all in favor the check register was approved. ii. Balance Sheet and Income Statement A copy ofthe balance sheet and income statement were included in the agenda package. Ill. Presentation of Registered Voters -345 A copy of the letter from the supervisor of elections indicating there are 345 registered voters residing in the district was included in the agenda package. iv. Reminder of Form 1 Filing Requirement Deadline of July 1,2024 Mr. Showe stated we want to remind the board that you are required to file your form 1 by July 1st and it is done electronically this year. D. Field Manger's Report Mr. Hans stated the wetlands are dry right now, hopefully the rain will help. On the invasives side, we are well below our threshold, just a few pepper trees on the golf course side. NINTH ORDER OF BUSINESS Audience Comments There being no comments, the next item followed. TENTH ORDER OF BUSINESS Supervisor's Requests Mr. Vogt stated we have had a request from the water management district to do a water sampling off the 18th tee box and the sample is going to be aggregated into the general report to look at Florida's water resources and quality. ELEVENTH ORDER OF BUSINESS Adjournment On MOTION by Mr. O'Connor seconded by Ms. Emily Jones with all in favor the meeting adjourned at 10:32 a.m. 4 June 12,2024 TesoroCDD ssistant Secretary 5