CENTURY GARDENS COMMUNITY DEVELOPMENT DISTRICT

Transcription

1 CENTURY GARDENS COMMUNITY DEVELOPMENT DISTRICT MIAMI-DADE COUNTY REGULAR BOARD MEETING & PUBLIC HEARING MAY 23, :30 P.M. Special District Services, Inc Miami Lakes Drive, Suite 374 Miami Lakes, FL Telephone 877.SDS.4922 Toll Free Facsimile

2 AGENDA CENTURY GARDENS COMMUNITY DEVELOPMENT DISTRICT The Mater Gardens Academy Charter School - Cafeteria 9010 NW 178 th Lane Miami, FL REGULAR BOARD MEETING & PUBLIC HEARING May 23, :30 p.m. A. Call to Order B. Proof of Publication..Page 1 C. Declare a Vacancy and Seat New Board Members D. Re-Election of Officers E. Establish Quorum F. Additions or Deletions to Agenda G. Comments from the Public for Items Not on the Agenda H. Approval of Minutes 1. April 10, 2017 Regular Board Meeting Minutes.Page 2 I. Public Hearing 1. Proof of Publication.Page 6 2. Receive Public Comments Regarding Fiscal Year 2017/2018 Final Budget & Assessments 3. Consider Resolution No Adopting a Fiscal Year 2017/2018 Final Budget...Page 7 J. Old Business 1. Update Regarding Lennar Expansion Project 2. Update Regarding Broken Sidewalk at Dry Retention Area K. New Business 1. Consider Annexation Agreement Silver Springs Lennar, LLC...Page Consider Resolution No Authorizing District Counsel and District Staff to File Petition with Miami-Dade County to Expand the Boundaries of the District.....Page Consider Resolution No Adopting a Fiscal Year 2017/2018 Meeting Schedule..Page 19 L. Administrative Matters 1. Statement of Financial Interests-Disclosure 2016 Form 1, Filing Deadline: July 1, Financial Report...Page 21 M. Board Members Comments N. Adjourn

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4 CENTURY GARDENS COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING APRIL 10, 2017 A. CALL TO ORDER The April 10, 2017, Regular Board Meeting of the Century Gardens Community Development District was called to order at 6:58 p.m. in the Cafeteria of the Mater Gardens Academy Charter School located at 9010 NW 178 th Lane, Miami, Florida B. PROOF OF PUBLICATION Proof of publication was presented that notice of the Regular Board Meeting had been published in the Miami Daily Business Review on March 1, 2017, as legally required. C. DECLARE VACANCY AND SEAT NEW BOARD MEMBERS This item was deferred. D. RE-ELECTION OF OFFICERS This item was deferred. E. ESTABLISH A QUORUM It was determined that the attendance of Chairman Abraham Farhan, Vice Chairperson Shirley Villalobos and Supervisor Nildo Ruiz constituted a quorum and it was in order to proceed with the meeting: Staff in attendance included: District Managers Gloria Perez and Armando Silva of Special District Services, Inc.; and General Counsel Ginger Wald of Billing, Cochran, Lyles, Mauro & Ramsey, P.A. Also present were Luis Moreno of Miami, Florida; and Osvaldo Santiestevez of Miami, Florida. F. ADDITIONS OR DELETIONS TO THE AGENDA. There were no additions or deletions to the agenda. G. COMMENTS FROM THE PUBLIC FOR ITEMS NOT ON THE AGENDA There were no comments from the public for items not on the agenda. H. APPROVAL OF MINUTES 1. March 14, 2017, Regular Board Meeting The minutes of the March 14, 2017, Regular Board Meeting were presented for approval. A MOTION was made by Mr. Ruiz, seconded by Mr. Farhan and passed unanimously passed to approve the minutes of the March 14, 2017, Regular Board Meeting, as amended. 1 of 4 Page 2

5 CENTURY GARDENS COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING APRIL 10, 2017 I. OLD BUSINESS 1. Update Regarding Lennar Expansion Project Mrs. Perez advised that Mr. Silva and she ( District Staff ) had met with Mr. Angel Rodriguez and Ms. Maria C. Herrera of Lennar Homes LLC ( Lennar Staff ) regarding the landscaping improvements along NW 179 th Lane and the refurbishing of the entrance monument features (the Entrance Improvement Project ). District Staff provided Lennar Staff with landscaping design and plants species options that would thrive in the current conditions of the medians according to opinions gathered from landscape maintenance professionals. Lennar Staff originally agreed to contribute the sum of $50,000 for the Entrance Improvements Project, but through negotiations, the offer was increased to a cap of $60,000. Lennar Staff also informed District Staff that due to a lack of time and a heavy workload that they unable to dedicate time to coordinating the Entrance Improvements Project, but would be able to provide the contact information to Lennar s preferred vendors list in order to provide the District with Lennar pricing on the Entrance Improvements Project. A discussion ensued after which: The Board did not accept Lennar Homes offer of $60,000 for the Entrance Improvement Projects and directed District Staff and management to counteroffer by only accepting said offer if Lennar agrees to coordinate all of the Entrance Improvements Projects in their entirety; from planning to permitting, engagement of contractors and professionals, scheduling of work, through the completion of the project. A MOTION was made by Ms. Villalobos, seconded by Mr. Farhan and unanimously passed to authorize District Staff to advise Lennar Homes, LLC to consider the installation or inclusion of Phoenix Palms in a staggered configuration in the medians located within NW 179 th Lane of the District. J. NEW BUSINESS 1. Consider Resolution No Authorizing District Counsel and District Staff to File Petition with Miami-Dade County to Expand the Boundaries of the District This item was tabled until the next meeting. 2. Ratify District Actions Regarding Landscaping Design Option for Medians Located along NW 179 th Lane Is item was previously discussed under Item I Consider Proposal from Crespo for Addition of Coco Palms along Lake Tracts and for Hurricane Trimming Mr. Silva presented four (4) quotes which had been provided by Crespo Lawn Service, Inc. ( Crespo ) and pertained to the installation of cocoplum shrubs (on the east side of large lake and the preserve area lake) and for hurricane season tree trimming. Mr. Silva advised that even though 2 of 4 Page 3

6 CENTURY GARDENS COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING APRIL 10, 2017 Crespo would no longer be providing landscaping maintenance services to the District, he would honor the price for the quotes provided. A discussion ensued after which: A MOTION was made by Mr. Ruiz, seconded by Ms. Villalobos and unanimously passed approving Proposal #1 (for the installation of cocoplum shrubs on the east side of the large lake parallel to the guardrail) and Proposal #2 (for the installation of cocoplum shrubs on the east side of the large lake parallel to sidewalk) from Crespo Lawn Service, Inc. for a cost of $91.00 and $70.00, respectively. 4. Discussion Regarding Landscape Maintenance Proposals Mr. Silva reminded the Board that Crespo would no longer be the landscape maintenance contractor for the District, effective May 1, 2017 (a termination letter has been received by District management). As a result, Mr. Silva presented a chart, which compares the annual cost of four (4) landscape maintenance contractors for Landscape & Irrigation System Maintenance Services (same scope of services as provided by Crespo) for the District. An additional chart was also provided, which compares the cost of four (4) landscape maintenance contractors for the fertilization of seventy-six (76) Royal Palms located along NW 179 th Lane; and whitefly fumigation services for the Ficus hedges located along NW 87 th Avenue. A discussion ensued after which; A MOTION was made by Ms. Villalobos, seconded by Mr. Farhan and unanimously passed to engage Turf Management to perform the landscape & irrigation system maintenance services; thereby authorizing District Counsel to prepare a Landscape Maintenance Agreement ( Agreement ) between the District and the Contractor and authorizes execution of the Agreement by District officials, subject to final review by District Counsel. 5. Update Regarding Broken Sidewalk at Dry Retention Area Mr. Silva advised that safety measures had been taken to secure the two (2) broken concrete slabs. The resident responsible for the damages to the concrete slab has informed him that the concrete slabs will be replaced by the end of next week. Mr. Silva added that District Field Staff had reported to Miami-Dade County Public Works that approximately forty-four (44) raised sidewalk locations throughout the District. No specific timeframe for the repairs have been reported at this time. K. ADMINISTRATIVE MATTERS 1. Financial Report Mr. Silva presented the financials in the meeting booklet and briefly reviewed them with the Board. He pointed out that that available funds as of March 31, 2017, were $138, L. BOARD MEMBER COMMENTS Mr. Silva reminded the Board that the next meeting was scheduled for May 23, 2017, and included a Public Hearing on the budget. M. ADJOURNMENT 3 of 4 Page 4

7 CENTURY GARDENS COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING APRIL 10, 2017 There being no further business to come before the Board, a MOTION was made by Mr. Farhan, seconded by Mr. Ruiz to adjourn the meeting at 8:11 p.m. There were no objections. ATTESTED BY: Secretary/Assistant Secretary Chairman/Vice Chairperson 4 of 4 Page 5

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9 RESOLUTION NO A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CENTURY GARDENS COMMUNITY DEVELOPMENT DISTRICT APPROVING AND ADOPTING A FISCAL YEAR 2017/2018 FINAL BUDGET INCLUDING NON-AD VALOREM SPECIAL ASSESSMENTS; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the Century Gardens Community Development District ( District ) has prepared a Proposed Budget and Final Special Assessment Roll for Fiscal Year 2017/2018 and has held a duly advertised Public Hearing to receive public comments on the Proposed Budget and Final Special Assessment Roll; and WHEREAS, following the Public Hearing and the adoption of the Proposed Budget and Final Assessment Roll, the District is now authorized to levy non-ad valorem assessments upon the properties within the District. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CENTURY GARDENS COMMUNITY DEVELOPMENT DISTRICT, THAT: Section 1. The Final Budget and Final Special Assessment Roll for Fiscal Year 2017/2018 attached hereto as Exhibit A is approved and adopted, and the assessments set forth therein shall be levied. Section 2. The Secretary of the District is authorized to execute any and all necessary transmittals, certifications or other acknowledgements or writings, as necessary, to comply with the intent of this Resolution. PASSED, ADOPTED and BECOMES EFFECTIVE this 23 rd day of May ATTEST: CENTURY GARDENS COMMUNITY DEVELOPMENT DISTRICT By: Secretary/Assistant Secretary By: Chairperson/Vice Chairperson Page 7

10 Century Gardens Community Development District Final Budget For Fiscal Year 2017/2018 October 1, September 30, 2018 Page 8

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17 CONSIDER ANNEXATION AGREEMENT SILVER SPRINGS LENNAR, LLC TO BE DISTRIBUTED UNDER SEPARATE COVER Page 15

18 RESOLUTION NO A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CENTURY GARDENS COMMUNITY DEVELOPMENT DISTRICT AUTHORIZING DISTRICT COUNSEL AND DISTRICT STAFF TO FILE A PETITION WITH MIAMI- DADE COUNTY, FLORIDA TO EXPAND THE BOUNDARIES OF THE DISTRICT; AND PROVIDE AN EFFECTIVE DATE. WHEREAS, Century Gardens Community Development District ( District ) has received a request from Silver Springs Lennar, LLC that the landowner s parcel be annexed into the District; and WHEREAS, the District Board of Supervisors ( Board ) has determined that it is in the best interests of the District and its residents to expand the boundaries of the District; and WHEREAS, pursuant to Section , Florida Statutes, the District Board proposes to expand the District by approximately 9.70 acres. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CENTURY GARDENS COMMUNITY DEVELOPMENT DISTRICT, THAT: SECTION 1. The foregoing recitals clauses are true and correct and are hereby incorporated into this Resolution by reference. SECTION 2. The District hereby authorizes, ratifies and confirms the filing with Miami- Dade County, Florida, of a petition to expand the boundaries of the District to include the area described in Exhibit A attached hereto (the Expansion Area ), all in accordance with Section , Florida Statutes. SECTION 3. The proper District officials are hereby authorized and directed to take all steps necessary to effectuate the intent of this Resolution. SECTION 4. All Resolutions or parts of Resolutions in conflict herewith are hereby repealed to the extent of such conflict. SECTION 5. If any clause, section or other part or application of this Resolution is held by court of competent jurisdiction to be unconstitutional or invalid, in part or as applied, it shall not affect the validity of the remaining portions or applications of this Resolution. SECTION 6. This Resolution shall take effect upon adoption. Page 16

19 THIS RESOLUTION WAS PASSED AND ADOPTED THIS DAY OF, ATTEST: CENTURY GARDENS COMMUNITY DEVELOPMENT DISTRICT By: Secretary/Assistant Secretary By: Chairperson/Vice Chairperson Page 17

20 Exhibit A Page 18

21 RESOLUTION NO A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CENTURY GARDENS COMMUNITY DEVELOPMENT DISTRICT, ESTABLISHING A REGULAR MEETING SCHEDULE FOR FISCAL YEAR 2017/2018 AND SETTING THE TIME AND LOCATION OF SAID DISTRICT MEETINGS; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, it is necessary for the Century Gardens Community Development District ("District") to establish a regular meeting schedule for fiscal year 2017/2018; and WHEREAS, the Board of Supervisors of the District has set a regular meeting schedule, location and time for District meetings for fiscal year 2017/2018 which is attached hereto and made a part hereof as Exhibit A. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CENTURY GARDENS COMMUNITY DEVELOPMENT DISTRICT, MIAMI- DADE COUNTY, FLORIDA, AS FOLLOWS: Section 1. The above recitals are hereby adopted. Section 2. The regular meeting schedule, time and location for meetings for fiscal year 2017/2018 which is attached hereto as Exhibit A is hereby adopted and authorized to be published. PASSED, ADOPTED and EFFECTIVE this 23 rd day of May, ATTEST: CENTURY GARDENS COMMUNITY DEVELOPMENT DISTRICT By: Secretary/Assistant Secretary By: Chairperson/Vice Chairperson Page 19

22 CENTURY GARDENS COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2017/2018 REGULAR MEETING SCHEDULE NOTICE IS HEREBY GIVEN that the Board of Supervisors (the Board ) of the Century Gardens Community Development District (the District ) will hold Regular Meetings in the Mater Gardens Academy Charter School Meeting Room, located at 9010 NW 178 th Lane, Miami, Florida 33018, at 6:30 p.m. on the following dates: October 10, 2017 November 14, 2017 March 13, 2018 April 10, 2018 May 15, 2018 June 12, 2017 September 11, 2018 The purpose of these meetings is for the Board to consider any District business which may lawfully and properly come before the Board. Meetings are open to the public and will be conducted in accordance with the provisions of Florida law for Community Development Districts. A copy of the Agenda for any of the meetings may be obtained from the District s website or by contacting the District Manager at (305) and/or toll free at From time to time one or two Board members may participate by telephone; therefore a speaker telephone will be present at the meeting location so that the Board members may be fully informed of the discussions taking place. Said meeting(s) may be continued as found necessary to a time and place specified on the record. If any person decides to appeal any decision made with respect to any matter considered at these meetings, such person will need a record of the proceedings and such person may need to insure that a verbatim record of the proceedings is made at his or her own expense and which record includes the testimony and evidence on which the appeal is based. In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accommodations or an interpreter to participate at any of these meetings should contact the District Manager at (305) and/or toll free at at least seven (7) days prior to the date of the particular meeting. Meetings may be cancelled from time to time without advertised notice. CENTURY GARDENS COMMUNITY DEVELOPMENT DISTRICT PUBLISH: MIAMI DAILY BUSINESS REVIEW 00/00/17 Page 20

23 Century Gardens Community Development District Financial Report For April 2017 Page 21

24 Century Gardens Community Development District Budget vs. Actual October 2016 through April 2017 Oct '16 - Apr 17 Budget $ Over Budget % of Budget Income Administrative Assessments 54, , , % Maintenance Assessments 73, , , % Debt Assessments - Series , , , % Debt Assessments (Series 2014) 335, , , % Payment To Trustee-Series , , % Payment To Trustee , , , % County Appraiser & Tax Col Fees -5, , , % Discounts For Early Payments -20, , , % Interest Income % Carryover From Prior Year , , % Total Income 122, , , % Expense 511. Professional Fees Engineering/Inspections , , % Legal Fees 4, , , % Audit Fees 3, , % Total 511. Professional Fees 7, , , % Lawn Maintenance 12, , , % Aquatic Lake Maintenance 2, , % Preserve Area , , % Improvements-Landscape/Forestry , , % Infrastructure Maintenance , , % Irrigation Maintenance , , % Miscellaneous Maintenance , , % Electricity 1, , , % Palm Treatment - Maint. Replace , , % Management Fees 15, , , % Secretarial Fees 2, , , % Assessment/Tax Roll , , % Arbitrage Rebate Fee % Insurance 5, , % Legal Advertisements % Miscellaneous % Postage and Delivery % Office Supplies % Dues, License & Subscriptions % Trustee Fees 3, , , % Continuing Disclosure-Series , , % Website Management , % Total Expense 55, , , % Net Income 66, , % Page 22

25 CENTURY GARDENS COMMUNITY DEVELOPMENT DISTRICT MONTHLY FINANCIAL REPORT APRIL 2017 Annual Year To Date Budget Actual Actual REVENUES 10/1/16-9/30/17 Apr-17 10/1/16-4/30/17 Administrative Assessments 56,802 2,202 54,866 Maintenance Assessments 75,793 2,927 73,147 Debt Assessments (Series ) 343,723 16, ,506 Debt Assessments (Series 2007) 77, ,741 Other Revenues Interest Income Total Revenues $ 553,604 $ 21,479 $ 539,409 ADMINISTRATIVE EXPENDITURES Management 26,304 2,192 15,344 Secretarial 4, ,450 Legal 9, ,259 Assessment Roll 6, Audit Fees 3,000 2,500 3,000 Arbitrage Rebate Fee Insurance 5, ,100 Legal Advertisements Miscellaneous Postage Office Supplies Dues & Subscriptions Trustee Fee 7,300 3,500 3,500 Continuing Disclosure Fee 1, Website Management 1, TOTAL ADMINISTRATIVE EXPENDITURES $ 66,829 $ 8,917 $ 36,262 MAINTENANCE EXPENDITURES Lawn/Landscape Maintenance 25,000 1,725 12,567 Aquatic Lake Maintenance 3, ,865 Preserve Area 1, Irrigation Maintenance 5, Miscellaneous Maintenance 3, Electricity 3, ,513 Engineering/Inspections 2, Palms Treatment - Maintenance/Replacement 10, Improvements - Landscape/Forestry 12, Improvements - Reserve Contingency 5, Total Improvements 17, TOTAL MAINTENANCE EXPENDITURES $ 71,245 $ 2,297 $ 19,316 Total Expenditures $ 138,074 $ 11,214 $ 55,578 Revenues Less Expenditures $ 415,530 $ 10,265 $ 483,831 Bond Payments (Series 2004/2014) (323,100) (15,909) (319,937) Bond Payments (Series 2007) (72,824) (269) (72,086) Balance $ 19,606 $ (5,913) $ 91,808 County Appraiser & Tax Collector Fee (10,994) (215) (5,192) Discounts For Early Payments (21,987) (10) (20,013) Excess/ (Shortfall) $ (13,375) $ (6,138) $ 66,603 Carryover From Prior Year 13, Net Excess/ (Shortfall) $ - $ (6,138) $ 66,603 Bank Balance As Of 3/31/17 $ 144, Funds Received: 4/1/17-4/30/17 $ 21, Disbursements: 4/1/17-4/30/17 $ 6, Bank Balance As Of 4/30/17 $ 159, Accounts Payable As Of 4/30/17 $ 27, Accounts Receivable As Of 4/30/17 $ - Available Funds As Of 4/30/17 $ 131, Estimated Fund Balance As Of 9/30/17 $ 50, Estimated Fiscal Year 2017/2018 Carryover Budget $ 12, Estimated Reserve Funds As Of 9/30/18 $ 37, Page 23

26 Century Gardens Community Development District Expenditures April 2017 Date Invoice # Vendor Description Amount Expenditures 511. Professional Fees Audit Fees 04/17/ Grau & Associates Century Gardens CDD 2nd and final progress payment for FY 15/16 audit 2, Total Audit Fees 2, Total 511. Professional Fees 2, Lawn Maintenance 04/30/ Crespo Lawn Service, Inc. mowing of lawn, wead eater, edging, hedge trimming, blowing of grass clippings-two ser... 1, Total Lawn Maintenance 1, Aquatic Lake Maintenance 04/01/ Allstate Resource Management, Inc. lake and mitigation mgmt services and debris removal services April Total Aquatic Lake Maintenance Electricity 04/27/ FPL Acct# for services on (3/29/17-4/27/17) Total Electricity Management Fees 04/30/ Special District Services inv# Management Fee April , Total Management Fees 2, Secretarial Fees 04/30/ Special District Services April 2017 Secretarial Fee Total Secretarial Fees Miscellaneous 04/30/ Special District Services March 2017 Travel AS, AO, GP, JR Total Miscellaneous Postage and Delivery 04/30/ Special District Services March 2017 Postage /30/ Special District Services March 2017 FedEx Total Postage and Delivery Office Supplies 04/30/ Special District Services March 2017 copier charges /30/ Special District Services March 2017 meeting books Total Office Supplies Trustee Fees 04/07/ Wells Fargo Bank (Trustee Fee) Acct# Inv# series 2007 (4/13/17-4/12/18) 3, Total Trustee Fees 3, Website Management 04/30/ Special District Services April 2017 Website Fee Total Website Management Total Expenditures 11, Page 24

27 Century Gardens Community Development District Check Register April 2017 Check # Check Date Vendor Amount /03/2017 Billing, Cochran, Lyles, Mauro, & Ramsey /03/2017 Crespo Lawn Service, Inc. 1, /03/2017 Grau & Associates /03/2017 Mater Gardens, Inc /03/2017 Special District Services 2, /13/2017 Allstate Resource Management, Inc /13/2017 FPL /13/2017 Signs To Go Inc TOTAL 6, Page 25

28 CENTURY GARDENS COMMUNITY DEVELOPMENT DISTRICT TAX COLLECTIONS # ID# Payment From DATE FOR Tax Collect Receipts Gross Interest Received Commission Paid Discount Net From Tax Collector Admin Assessment Income (Before Discounts & Fees) $553,544 $56,802 $75,793 $77,226 $343,723 $56,802 $75,793 $77,226 $343,723 $520,563 $53,394 $71,245 $72,824 $323,100 $53,394 $71,245 $72,824 $323,100 $72,824 $323, Q Miami-Dade Tax Collector 11/17/16 NAV Taxes $ 6, $ (66.71) $ (317.12) $ 6, $ $ $ $ 4, $ $ $ $ 4, $ $ 4, Miami-Dade Tax Collector 11/17/16 NAV Taxes $ 16, $ (160.45) $ (668.56) $ 15, $ 1, $ 2, $ 2, $ 10, $ 1, $ 2, $ 2, $ 10, $ 2, $ 10, Miami-Dade Tax Collector 11/25/16 NAV Taxes $ 93, $ (895.80) $ (3,732.53) $ 88, $ 9, $ 12, $ 12, $ 59, $ 9, $ 12, $ 11, $ 56, $ 11, $ 56, Miami-Dade Tax Collector 12/08/16 NAV Taxes $ 327, $ (3,145.40) $ (13,105.98) $ 311, $ 33, $ 44, $ 51, $ 198, $ 31, $ 42, $ 49, $188, $ 49, $ 188, Miami-Dade Tax Collector 12/19/16 NAV Taxes $ 30, $ (293.89) $ (1,224.56) $ 29, $ 3, $ 4, $ 3, $ 20, $ 2, $ 3, $ 3, $ 19, $ 3, $ 19, Miami-Dade Tax Collector 12/28/17 NAV Taxes $ 5, $ (54.03) $ (181.84) $ 5, $ $ $ 1, $ 3, $ $ $ 1, $ 3, $ 1, $ 3, Q Miami-Dade Tax Collector 01/11/17 NAV Taxes $ 2, $ (20.08) $ (62.06) $ 1, $ $ $ $ 1, $ $ $ $ 1, $ $ 1, Miami-Dade Tax Collector 01/11/17 NAV Taxes $ 8, $ (81.06) $ (250.70) $ 8, $ $ 1, $ 1, $ 5, $ $ 1, $ 1, $ 5, $ 1, $ 5, Miami-Dade Tax Collector 01/27/17 Interest $ $ $ $ $ - $ Miami-Dade Tax Collector 02/07/17 NAV Taxes $ 16, $ (163.52) $ (361.98) $ 16, $ 1, $ 2, $ 2, $ 10, $ 1, $ 2, $ 2, $ 10, $ 2, $ 10, Miami-Dade Tax Collector 03/08/17 NAV Taxes $ 9, $ (96.45) $ (97.44) $ 9, $ $ 1, $ 1, $ 6, $ $ 1, $ 1, $ 6, $ 1, $ 6, Miami-Dade Tax Collector 04/11/17 NAV Taxes $ 21, $ (214.60) $ (10.29) $ 21, $ 2, $ 2, $ $ 16, $ 2, $ 2, $ $ 15, $ $ 15, Miami-Dade Tax Collector 04/26/17 Interest $ 7.97 $ 7.97 $ 7.97 $ 7.97 $ - $ - 14 $ - $ - $ - 15 $ - $ - $ - 16 $ - $ - $ - 17 $ - $ - $ - 18 $ - 19 $ - 20 $ - Maintenance Assessment Income (Before Discounts & Fees) Series 2007 Debt Assessment Income (Before Discounts & Fees) Series 2014 Debt Assessment Income (Before Discounts & Fees) Admin Assessment Income (After Discounts & Fees) Maintenance Assessment Income (After Discounts & Fees) Series 2007 Debt Assessment Income (After Discounts & Fees) Series 2014 Debt Assessment Income (After Discounts & Fees) Series 2007 Debt Assessment Paid to Trustee Series 2014 Debt Assessment Paid to Trustee $539, $ $ (5,191.99) $ (20,013.06) $ 514, $ 54, $ 73, $ 75, $ 335, $ 52, $ 69, $ 72, $ 319, $ 72, $ 319, Tax Roll = 558, Note: $553,544, $56,793, $75,793, $787,226 and $343,723 are 2016/2017 budgeted assessments before discounts and fees Debt On Roll = $541,255, $53,394, $71,245, $74,086 and $323,100 are 2016/2017 budgeted 348, assessments after discounts and fees. $ 539, $ $ 514, $ (54,865.79) $ (69,728.82) $ (73,146.85) $ (52,303.20) $ (335,506.15) $ (72,085.79) $ (75,740.62) $ (319,936.55) $ - $ - Page 26