MINUTES OF MEETING STONEYBROOK SOUTH COMMUNITY DEVELOPMENT DISTRICT The Audit Committee meeting of the Board of Supervisors of the Stoneybrook South Community Development District was held Monday, February 3, 2025, at 10:00 a.m. at Oasis Club at ChampionsGate, 1520 Oasis Club Blvd., ChampionsGate, Florida. Present and constituting a quorum: Chris Manjourides Terry Siron by phone Gerrard Knights Ron Phillips Larry Bickel Also present were: Jeremy LeBrun District Manager GMS Vivek Babbar via phone District Counsel FIRST ORDER OF BUSINESS Roll Call Mr. LeBrun called the meeting to order at 10:00 a.m. Four Supervisors were present in person constituting a quorum. Mr. Siron joined by phone. SECOND ORDER OF BUSINESS Public Comment Period Mr. LeBrun: Next is the public comment period. Just for the record there are no members of the public present, just Board and staff. THIRD ORDER OF BUSINESS Approval of the Minutes of the December 2, 2024 Meeting Mr. LeBrun: The next item is the approval of the minutes of the December 2, 2024 audit committee meeting. I am happy to take any questions on that. If not, I am just looking for a motion to approve. On MOTION by Mr. Manjourides, seconded by Mr. Knights, with all in favor, the Minutes of the December 2, 2024 Meeting, were approved. FOURTH ORDER OF BUSINESS Review and Ranking of Proposals and Selection of an Auditor A. Grau & Associates Mr. LeBrun: On page 12 of your electronic agenda, we have item number four. This is the review and ranking of the proposals and selection of an auditor. The audit committee last met to review the criteria and the announcement for requesting proposals for the Fiscal Year 2024 audit. There is only one proposer that submitted, that was Grau & Associates. They do a ton of CDDs, we do a lot of work with this firm. They are the only one that submitted a proposal after all the notices that we sent out to the other firms. In front of you I have a printout of the ranking sheet that the Board approved. Since there is only one proposer, if there is consensus with the Board, you could just rank each max points. If the Board agrees to that we could just approve to select them as the number one ranked choice. It is up to the Board. Like I said before, Grau does a ton of work for CDDs, and they are actually below budget. Mr. Manjourides: Do you want us to approve it? Mr. LeBurn: Did you want to just provide the max points in each category and then the Board can approve? Mr. Knights: I’m okay with that. Mr. LeBrun: Okay, I’ll do the motion for you guys, and we can go from there. So, what I am hearing is, for Grau & Associates the audit committee is giving 20 points for the ability of personnel, 20 points for experience, 20 points for scope of work, 20 points for ability to furnish the required services, and then 20 points for price. A total of 100 points which ranks them number one. On MOTION by Mr. Knights, seconded by Mr. Phillips, with all in favor, Ranking Grau & Associates as the #1 Ranked Auditor, was approved. Mr. LeBrun: Okay, Grau & Associates is ranked as the #1 auditor so we will get them the information and have them start working on the fiscal year audit. FIFTH ORDER OF BUSINESS Adjournment Mr. LeBrun: If there are no further questions or business, we just need a motion to adjourn the audit committee meeting. On MOTION by Mr. Knights, seconded by Mr. Phillips, with all in favor, the meeting was adjourned. Signature - Jeremy Lebrun Signature - Jeremy LebrunSignature - Chris Manjourides Signature - Chris Manjourides Secretary/Assistant Secretary Chairman/Vice Chairman