1. Public Hearing Board of County Commissioners Dissolution of Palazzo Del Lago Community Development District May 5, 2015 Public Hearing Board of County Commissioners Dissolution of Palazzo Del Lago Community Development District May 5, 2015

2. Palazzo del Lago CDD  BCC enacted Ordinance 2006-17 creating Palazzo del Lago Community development district  Buena Vista Shores PD (hotel/timeshare)  40 acres on Lake Bryan  Property not developed  Landowner requested dissolution  CDD Board of Supervisors approved dissolution & plan of termination  Landowner agreed to indemnify County against any claims against CDD  BCC enacted Ordinance 2006-17 creating Palazzo del Lago Community development district  Buena Vista Shores PD (hotel/timeshare)  40 acres on Lake Bryan  Property not developed  Landowner requested dissolution  CDD Board of Supervisors approved dissolution & plan of termination  Landowner agreed to indemnify County against any claims against CDD

3. Action Requested Approval of Indemnification Agreement by and between the Board of County Commissioners of Orange County, Florida and IA Orlando Palazzo, LLC.Approval of Indemnification Agreement by and between the Board of County Commissioners of Orange County, Florida and IA Orlando Palazzo, LLC. Approval of an Ordinance of the Board of County Commissioners of Orange County, Florida, providing for dissolution of the Palazzo Del Lago Community Development District and repealing Ordinance 2006-17Approval of an Ordinance of the Board of County Commissioners of Orange County, Florida, providing for dissolution of the Palazzo Del Lago Community Development District and repealing Ordinance 2006-17

4. Public Hearing Board of County Commissioners Dissolution of Palazzo Del Lago Community Development District May 5, 2015 Public Hearing Board of County Commissioners Dissolution of Palazzo Del Lago Community Development District May 5, 2015