Wrathell, Hunt, and Associates

Wrathell, Hunt and Associates, LLC

Phone: (561) 571-0010

Fax: (561) 571-0013

Toll-free: (877) 276-0889

Midcity Improvement District

Huntsville, Alabam

Wrathell, Hunt and Associates serves as the District Manager

Approx 140 acre mixed use project on site of former Madison Mall that was demolished. Approx. 2.2mm SqFt of Residential, Hotel, Commercial, Retail, Restaurant, Experiential Entertainment. City is funding 8500 seat amphitheater on site, kayak course, trails and parks. Already open: TopGolf, REI, Dave and Busters, High Point Climbing.

Complex Financial Structuring

Wrathell, Hunt, and Associates, LLC

was hired in August 2014 to manage the Midtown Miami Community Development District, which initially issued $110 million in bonds to finance public infrastructure, as well as two public parking garages with nearly 3,000 parking spaces. The Midtown Miami CDD receives approximately $5 million annually in Tax Increment Financing (TIF) revenues to pay debt service on the CDD parking garage bonds. At build-out, Midtown is planned to have over 3,000 condos and apartments, as well as over 1,000,000 square feet of retail, commercial, and office uses. The District’s Budget has a General Fund with $2.6 million in operating expenses, $1.8 million annual debt service on the infrastructure bonds, Enterprise Fund generating $4 million in parking fees to fund parking garage operations and, within the Enterprise Fund, $5 million in TIF revenues to pay $4.7 million in annual debt

service on the parking

garage bonds.

High Profile

The Miami World Center Community Development District was created on July 24, 2015. This District is located in downtown Miami near the American Airlines Arena (home of the Miami Heat). This project is currently planned for 3,200 condos/apartments, 400 hotel rooms, and 957,900 square feet of retail and restaurant use. The District issued $74,065,000 in bonds in February 2017 and the Developer has a funding agreement in place to ultimately provide in excess of $6 million in Tax Increment Financing revenues annually to cover bond debt service and CDD operations.

Premier Community

The Twin Creeks North CDD is located in St. Johns County and will contain a 14-acre man-made lagoon that will be the largest in Florida at the time of construction. The CDD itself is approximately 892.39 acres and is projected to contain 761 residential units, as well as 1,050,000 square feet of retail and office uses. The man-made lagoon will serve as the centerpiece to this new and exciting community. The CDD issued $31.5 million in master infrastructure and subdivision bonds in December 2016 and plans to issue additional subdivision bonds in 2017.

Premier Community

Construction

Residential

Highly Amenitized

Wrathell, Hunt, and Associates, LLC

was hired in August 2015 to manage the Julington Creek Plantation CDD in St. Johns County which is a 4,200 acre development consisting of 5,900 residential units. The Julington Creek Plantation CDD is yet another example of a large and highly amenitized community that our firm now manages. The CDD has a staff of 150 contract employees to operate the extensive amenity/recreational facilities offered to the residents.

Highly Amenitized

Wrathell, Hunt, and Associates, LLC

24,000 acre

Stewardship District

Wrathell, Hunt, and Associates, LLC

has been engaged by Rayonier to serve as District Manager and Assessment Methodology Consultant for the East Nassau Stewardship District. Rayonier is the third largest timber REIT with 2.7 million acres of high quality timberland located in the United States and New Zealand. Rayonier has a market capitalization of approximately $3.0 billion and has land-use entitlements on over 39,000 acres with near-term development projects underway. The East Nassau Stewardship District is located in Nassau County Florida, will be approximately 24,000 acres in size, estimated 24,000 residential units, and approximately 11,000,000 square feet of non-residential uses. Within the East Nassau Stewardship District, there will be a 12,000 acre Conservation & Habitat Network which will require integrated oversight by the Stewardship District.

Wrathell, Hunt and Associates, LLC, is one of Florida’s premier Management firms servicing the development community and local governments in the delivery of community services to new and emerging communities. With an uncompromising commitment to excellence, Wrathell, Hunt and Associates, LLC, delivers the power of a seasoned team of professionals, who provide unparalleled experience in the development of fresh innovative solutions that provide lasting value to you and your residents.

We provide a broad array of services to our clients including:

• Establishment of Community Development District

• Financial Feasibility of a District for your Project

• On-Going Management and Accounting Services

• Special Assessment Methodology Preparation

• On-Going Assessment Collection Services

• Operational Field Management Services

Our services are tailored to ensure that we provide an efficient and cost-effective solution to all of your needs today and for the future. Our business solutions are flexible and scaled to meet your needs and with the flexibility to support the continuing business evolution in response to your customer’s needs. Wrathell, Hunt and Associates, LLC can help you focus on your mission, with an efficient, flexible and variable cost structure, which is resilient in the face of external pressure and change.