CENTRAL PARC COMMUNITY DEVELOPMENT DISTRICT

SARASOTA COUNTY

Regular Board Meeting April 15, 2025
2:00 P.M.

Special District Services, Inc.
The Oaks Center 2501A Burns Road
Palm Beach Gardens, FL 33410

www.centralparccdd.org 561.630.4922 Telephone 877.SDS.4922 Toll Free 561.630.4923 Facsimile

AGENDA CENTRAL PARC
COMMUNITY DEVELOPMENT DISTRICT
19503 S. West Villages Parkway Meeting Room across from Suite A14 Venice, Florida 34293
REGULAR BOARD MEETING
April 15, 2025
2:00 P.M.

Call to Order
Proof of Publication	Page 1
Establish Quorum
Additions or Deletions to Agenda
Comments from the Public
Approval of Minutes
February 18, 2025 Regular Board Meeting Minutes	Page 2
Old Business
New Business
Consider Resolution No. 2025-02 – Adopting a Fiscal Year 2025/2026 Proposed Budget	Page 6
Administrative Matters
Staff Reports
District Manager
District Counsel
District Engineer
Comments from the Public for Items Not on the Agenda
Board Member Comments
Adjourn

Publication Date 2025-04-04

Subcategory Miscellaneous Notices

CENTRAL PARC COMMUNITY DEVELOPMENT DISTRICT NOTICE OF REGULAR BOARD MEETING
NOTICE IS HEREBY GIVEN that the Central Parc Community Development District (the District) will hold a Regular Board Meeting (the Meeting) on April 15, 2025, at 2:00 p.m. in the offices of Special District Services, Inc. located at 19503 S. West Villages Parkway, in a Meeting Room across from Suite A-14, Venice, Florida 34293. The Meeting is being held for the necessary purpose of addressing any agenda items which may properly come before the Board.
A copy of the agenda for this Meeting may be obtained at the offices of the District Manager, c/o Special District Services, Inc., 19503 S. West Villages Parkway, #A3, Venice, Florida 34293, or by contacting the District Manager at 561-630-4922 and/or toll free at 1-877-737-4922 during normal business hours. The Meeting is open to the public and will be conducted in accordance with the provisions of Florida law for community development districts. The Meeting may be continued to a date, time and place to be specified on the record at the Meetings.
Any person requiring special accommodations in order to access and participate in the Meeting because of a disability or physical impairment should contact the District Managers office at least forty-eight (48) hours prior to the Meeting. If you are hearing and speech impaired, please contact the Florida Relay Services by dialing 7-1-1, or 1-800-955-8771 (TTY)/1-800-955-8770 (Voice), for aid in contacting the District Managers office.
Anyone requiring assistance in order to obtain access to the Meeting should contact the District Managers office at least forty-eight (48) hours prior to the Meeting. Similarly, any person requiring or that otherwise may need assistance accessing or participating in this Meeting because of a disability or physical impairment is strongly encouraged to contact the District Managers office at least forty-eight (48) hours in advance so that arrangements may be made.
Each person who decides to appeal any decision made by the Board with respect to any matter considered at the Meeting is advised that person will need a verbatim record of proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which such appeal is to be made.
Meetings may be cancelled from time to time without advertised notice. District Manger
CENTRAL PARC COMMUNITY DEVELOPMENT DISTRICT
www.centralparccdd.org
PUBLISH: SARASOTA HERALD TRIBUNE 04/04/25

Page 1

CENTRAL PARC COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING
FEBRUARY 18, 2025

CALL TO ORDER

The February 18, 2025, Regular Board Meeting of the Central Parc Community Development District (the “District”) was called to order at 2:00 p.m. in the Meeting Room across from Suite A14 in the offices located at 19503 S. West Villages Parkway, #A4, Venice, Florida 34293.

PROOF OF PUBLICATION

Proof of publication was presented which showed that notice of the Regular Board Meeting had been published in the Sarasota Herald Tribune on February 7, 2025, as legally required.

ESTABLISH A QUORUM

A quorum was established with the following Supervisors in attendance:

Chair	Kim Fields	Present via phone	
Vice Chair	Matthew Mootz	Present	
Supervisor	Alexis Lamb	Present	
Supervisor	Catherine Edelen	Present	
Supervisor	Kelly Levin	Absent	

Staff in attendance were:

William Crosley	District Manager	Special District Services, Inc.	
Mike Eckert	District Counsel	Kutak Rock LLP	
ADDITIONS OR DELETIONS TO THE AGENDA
There were no additions or deletions to the agenda.

COMMENTS FROM THE PUBLIC

There were no comments from the public.

APPROVAL OF MINUTES
1. November 19, 2024, Regular Board Meeting

A motion was made by Ms. Edelen, seconded by Ms. Lamb and passed unanimously approving the minutes of the November 19, 2024, Regular Board Meeting, as presented.

F.	OLD BUSINESS
There were no Old Business items to come before the Board.

NEW BUSINESS
Consider Ratification of Phase 2 Plat Execution

A motion was made by Mr. Mootz, seconded by Ms. Lamb and passed unanimously ratifying the Phase 2 plat executions, as presented.

Consider Authorization to Accept Phase 2 Real Estate Conveyances

A motion was made by Mr. Mootz, seconded by Ms. Fields and passed unanimously authorizing the acceptance of the Phase 2 real estate conveyances, as presented.

Consider Landscape Maintenance Agreement for Phase 2

There was a proposal from United Landscaping in the amount of $5,200 per month. This is the same contractor who is maintaining Phase 1 landscaping.

A motion was made by Ms. Edelen, seconded by Ms. Fields and passed unanimously approving the Landscape Maintenance Agreement for Phase 2 with United Landscaping in the amount of $5,200 per month, as presented.

Consider Amendment to Landscape Maintenance Agreement for Phase 1

This is an amendment to clarify the map for Phase 1 landscaping.

A motion was made by Ms. Edelen, seconded by Ms. Fields and passed unanimously approving the Amendment to the Landscape Maintenance Agreement for Phase 1, as presented.

Consider Resolution No. 2025-01 – Adopting a Fiscal Year 2024/2025 Direct Collection of Assessments

Resolution No. 2025-01 was presented, entitled:

RESOLUTION 2025-01

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CENTRAL PARC COMMUNITY DEVELOPMENT DISTRICT PROVIDING FOR THE COLLECTION AND ENFORCEMENT OF THE ANNUAL INSTALLMENT OF THE SERIES 2024 ASSESSMENTS, INCLUDING BUT NOT LIMITED TO PENALTIES AND INTEREST THEREON; CERTIFYING AN ASSESSMENT ROLL; PROVIDING FOR AMENDMENTS TO THE ASSESSMENT ROLL; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

It was explained that this resolution was to levy debt assessments and authorizes the collection of payments.

A motion was made by Mr. Mootz, seconded by Ms. Lamb and passed unanimously adopting Resolution No. 2025-01, as presented.

ADMINISTRATIVE MATTERS

There were no Administrative Matters to come before the Board.

STAFF REPORTS
District Manager

Mr. Crosley advised that the next meeting would be held on April 15, 2025, and would include the fiscal year 2025/2026 proposed budget.

A discussion ensued regarding the FPL poles and utility costs for the next budget. It was noted that all 3 phases of lights would be completed by the next fiscal year.

The District will need a new meeting location in the next few months. There will be a place available on site shortly.

A discussion ensued regarding utility transfers. Utilities must go through the District IF they will be used for bonds. If there is not an intent to capture bond funds, the utilities can go to the end user directly.

District Counsel

Mr. Eckart reminded the Board that there is an ethics training requirement this year.

Mr. Eckert then made himself available for questions, which there were none at this time.

COMMENTS FROM THE PUBLIC FOR ITEMS NOT ON THE AGENDA

There were no comments from the public for items not on the agenda.

BOARD MEMBER COMMENTS
There were no further comments from the Board Members.
ADJOURNMENT

There being no further business to come before the Board, a motion was made by Ms. Edelen, seconded by Ms. Lamb and passed unanimously adjourning the meeting at 2:22 p.m.

ATTESTED BY:

	
Secretary/Assistant Secretary	Chairperson/Vice-Chair

RESOLUTION 2025-02
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CENTRAL PARC COMMUNITY DEVELOPMENT DISTRICT APPROVING PROPOSED BUDGETS FOR FISCAL YEAR 2025/2026 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; DECLARING SPECIAL ASSESSMENTS TO FUND THE PROPOSED BUDGET(S) PURSUANT TO CHAPTERS 170 AND 190, FLORIDA STATUTES; ADDRESSING TRANSMITTAL, POSTING AND PUBLICATION REQUIREMENTS; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors (“Board”) of the Central Parc Community Development District (“District”) prior to June 15, 2025, proposed budgets (“Proposed Budget”) for the fiscal year beginning October 1, 2025, and ending September 30, 2026 (“Fiscal Year 2025/2026”); and

WHEREAS, it is in the best interest of the District to fund the administrative and operations services (together, “Services”) set forth in the Proposed Budget by levy of special assessments pursuant to Chapters 170, 190 and 197, Florida Statutes (“Assessments”), as set forth in the preliminary assessment roll included within the Proposed Budget; and

WHEREAS, the Board has considered the Proposed Budget and desires to set the required public hearing thereon.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CENTRAL PARC COMMUNITY DEVELOPMENT DISTRICT:
PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2025/2026 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.

DECLARING ASSESSMENTS. Pursuant to Chapters 170, 190 and 197, Florida Statutes, the Assessments shall defray the cost of the Services in the total estimated amounts set forth in the Proposed Budget. The nature of, and plans and specifications for, the Services to be funded by the Assessments are described in the Proposed Budget, which is on file and available for public inspection at the “District’s Office,” at Special District Services, The Oaks Center, 2501A Burns Road, Palm Beach Gardens, Florida 33410; Ph. 561-630-4922; and Special District Services, 19503 S. West Villages Parkway, Venice, Florida 34293; Ph. 941-244-2805. The Assessments shall be levied within the District on all benefitted lots and lands, and shall be apportioned, all as described in the Proposed Budget and the preliminary assessment roll included therein. The preliminary assessment roll is also on file and available for public inspection at the District’s Office. The Assessments directly collected by the District shall be paid in one or more installments pursuant to a bill issued by the District in September or October of 2025, and pursuant to Chapter 170, Florida Statutes.
SETTING A PUBLIC HEARING. A public hearing on said approved Proposed Budget is hereby declared and set for the following date, hour and location:

DATE:	July 15, 2025
HOUR:	2:00 p.m.

LOCATION:	19503 S. West Villages Parkway Meeting Room across from Suite A14 Venice, Florida 34293

TRANSMITTAL OF PROPOSED BUDGET TO LOCAL GENERAL-PURPOSE GOVERNMENT(S).
The District Manager is hereby directed to submit a copy of the Proposed Budget to the local general- purpose governments at least 60 days prior to the hearing set above.

POSTING OF PROPOSED BUDGET. In accordance with Section 189.016, Florida Statutes, the District’s Secretary is further directed to post the approved Proposed Budget on the District’s website at least two days before the budget hearing date as set forth in Section 2 and shall remain on the website for at least 45 days.

PUBLICATION OF NOTICE. Notice of this public hearing shall be published in the manner prescribed in Florida law.

SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.
EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED THIS 15th DAY OF APRIL 2025.

ATTEST:	CENTRAL PARC COMMUNITY DEVELOPMENT DISTRICT

Secretary / Assistant Secretary	Chair/Vice Chair, Board of Supervisors

Exhibit A:	Fiscal Year 2025/2026 Proposed Budgets

Exhibit A
Fiscal Year 2025/2026 Proposed Budgets

Central Parc Community Development District

Proposed Budget For Fiscal Year 2025/2026
October 1, 2025 - September 30, 2026

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

DETAILED PROPOSED DEBT SERVICE FUND BUDGET

ASSESSMENT COMPARISON

PROPOSED BUDGET
CENTRAL PARC COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	
FISCAL YEAR 2025/2026 BUDGET	
O&M (Operation & Maintenance) Assessments	734,949	
Developer Contribution - O&M	0	
Debt Assessments	727,500	
Interest Income	480	
		
TOTAL REVENUES	$	1,462,929	
		
EXPENDITURES		
Administrative Expenditures		
Supervisor Fees	0	
Management	26,760	
Legal	38,000	
Assessment Roll	4,000	
Audit Fees	5,400	
Arbitrage Rebate Fee	650	
Insurance	6,580	
Legal Advertisements	3,000	
Miscellaneous	1,100	
Postage	300	
Office Supplies	1,100	
Dues & Subscriptions	175	
Website Management & ADA Compliance	1,000	
Trustee Fees	4,500	
Continuing Disclosure Fee	1,000	
Operating Reserve	90,000	
Total Administrative Expenditures	$	183,565	
		
Maintenance Expenditures		
Engineering/Inspections	23,000	
Lake Maintenance	32,525	
Landscaping	225,000	
Irrigation	30,000	
Surface Water Management Maintenance	10,842	
Roadway Repairs/Reserve/Sidewalk Maintenance	16,096	
Soft Gate Maintenance	10,000	
Security	9,000	
Street Lighting	151,304	
Total Maintenance Expenditures	$	507,767	
		
Total O&M Expenditures	$	691,332	
		
REVENUES LESS EXPENDITURES	$	771,597	
		
Bond Payments	(683,850)	
		
BALANCE	$	87,747	
		
County Appraiser & Tax Collector Fee	(29,249)	
Discounts For Early Payments	(58,498)	
		
EXCESS/ (SHORTFALL)	$	-	
Note: Expenditures Are For Residential Only

DETAILED PROPOSED BUDGET
CENTRAL PARC COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	
FISCAL YEAR 2023/2024 ACTUAL	
FISCAL YEAR 2024/2025 BUDGET	
FISCAL YEAR 2025/2026 BUDGET	

COMMENTS	
O&M (Operation & Maintenance) Assessments	0	0	734,949	Expenditures Less Interest/.94	
Developer Contribution - O&M	118,404	618,983	0		
Debt Assessments	0	727,500	727,500	Bond Payments/.94	
Interest Income	1,238	240	480	Interest Projected At $40 Per Month	
					
TOTAL REVENUES	$	119,642	$	1,346,723	$	1,462,929		
					
EXPENDITURES					
Administrative Expenditures					
Supervisor Fees	0	0	0		
Management	25,260	26,016	26,760	CPI Adjustment	
Legal	50,697	38,000	38,000	FY 23/24 Expenditure Through Feb 25 Was $14,712	
Assessment Roll	0	4,000	4,000	As Per Contract	
Audit Fees	3,700	5,000	5,400	Amount Has Increased From 24/25 Due To Bond Issue	
Arbitrage Rebate Fee	0	650	650	Commences In Fiscal Year Following Issuing Of Bond	
Insurance	5,980	6,580	6,580	FY 24/25 Expenditure Was $6,220	
Legal Advertisements	1,987	8,000	3,000	Expenditure Should Decrease With Bond Being Issued	
Miscellaneous	159	1,200	1,100	$100 Decrease From 2024/2025 Budget	
Postage	224	300	300	No Change From 2024/2025 Budget	
Office Supplies	110	1,200	1,100	$100 Decrease From 2024/2025 Budget	
Dues & Subscriptions	175	175	175	Annual Fee Due Department Of Economic Opportunity	
Website Management & ADA Compliance	1,000	1,000	1,000	No Change From 2024/2025 Budget	
Trustee Fees	0	4,500	4,500	Commences In Fiscal Year Following Issuing Of Bond	
Continuing Disclosure Fee	0	1,000	1,000	Commences In Fiscal Year Following Issuing Of Bond	
Operating Reserve	0	0	90,000	Operating Reserve	
Total Administrative Expenditures	$	89,292	$	97,621	$	183,565		
					
Maintenance Expenditures					
Engineering/Inspections	14,403	23,000	23,000	FY 24/25 Expenditure Through Feb 25 Was $7,948	
Lake Maintenance	2,656	32,525	32,525	Lake Maintenance	
Landscaping	0	225,000	225,000	Landscaping	
Irrigation	0	30,000	30,000	Irrigation	
Surface Water Management Maintenance	0	10,842	10,842	Surface Water Management Maintenance	
Roadway Repairs/Reserve/Sidewalk Maintenance	0	16,096	16,096	Roadway Repairs/Reserve/Sidewalk Maintenance	
Soft Gate Maintenance	0	10,000	10,000	Soft Gate Maintenance	
Security	0	9,000	9,000	Security	
Street Lighting	0	128,000	151,304	Street Lighting	
Total Maintenance Expenditures	$	17,059	$	484,463	$	507,767		
					
Total O&M Expenditures	$	106,351	$	582,084	$	691,332		
					
REVENUES LESS EXPENDITURES	$	13,291	$	764,639	$	771,597		
					
Bond Payments	0	(683,850)	(683,850)	2026 Principal & Interest Payments	
					
BALANCE	$	13,291	$	80,789	$	87,747		
					
County Appraiser & Tax Collector Fee	0	(26,930)	(29,249)	Two Percent Of Total Assessment Roll	
Discounts For Early Payments	0	(53,859)	(58,498)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	13,291	$	-	$	-		
Note: Expenditures Are For Residential Only

DETAILED PROPOSED DEBT SERVICE FUND BUDGET
CENTRAL PARC COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	FISCAL YEAR 2023/2024 ACTUAL	FISCAL YEAR 2024/2025 BUDGET	FISCAL YEAR 2025/2026 BUDGET	

COMMENTS	

Interest Income	
13,345	
100	
1,000	
Projected Interest For 2025/2026	

NAV Tax Collection	
0	
0	
683,850	
Maximum Debt Service Collection	

Bond Proceeds	
926,012	
0	
0		

Developer Contribution - Debt	
0	
683,850	
0		

Total Revenues	
$	939,357	
$	683,950	
$	684,850		

EXPENDITURES					

Principal Payments	
0	
130,000	
135,000	
Principal Payment Due In 2026	

Interest Payments	
0	
552,090	
545,598	
Interest Payment Due In 2026	

Bond Redemption	
-	
1,860	
4,252	
Estimated Excess Debt Collections	

Total Expenditures	
$	-	
$	683,950	
$	684,850		

Excess/ (Shortfall)	
$	939,357	
$	-	
$	-		

Note: Capital Interest Was Set-up Through November 2024

Series 2024 Bond Information

Original Par Amount =	$9,620,000	Annual Principal Payments Due =	May 1st	
Interest Rate =	4.90% - 6.00%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =	May 2024			
Maturity Date =	May 2054			

Par Amount As Of 4/1/25 =	$9,620,000

Page 14

CENTRAL PARC COMMUNITY DEVELOPMENT DISTRICT ASSESSMENT COMPARISON

Fiscal Year	Fiscal Year	Fiscal Year	
2023/2024	2024/2025	2025/2026	
	Assessment*			Assessment*		Projected Assessment*	

O & M For 35' Villa Units	$	-	$	-	$	1,166.13	
Debt For 35' Villa Units	$	-		$	1,191.00	$	1,191.00	
Total For 35' Villa Units	$	-	$	1,191.00	$	2,357.13	
O & M For 52' Single Family Units	$	-	$	-	$	1,832.38	
Debt For 52' Single Family Units	$	-		$	1,770.00	$	1,770.00	
Total For 52' SinJle Famil\ 66 Units	$	-	$	1,770.00	$	3,602.38	

* Assessments Include the Following: 4% Discount for Early Payments County Tax Collector Fee
County Property Appraiser Fee		
Community Information:	
	EAU Factor		
	Total EAUs		
35' Villa Units: 272	0.6364	173.09	
52' Single Family Units: 228	1.000		228.00		
Total:	500 Units		401.09	

IV