CORONADO COMMUNITY DEVELOPMENT DISTRICT

CORONADO COMMUNITY DEVELOPMENT DISTRICT MIAMI-DADE COUNTY REGULAR BOARD MEETING & PUBLIC HEARING JUNE 16, 2016 6:15 P.M. Special District Services, Inc. 6625 Miami Lakes Drive, Suite 374 Miami Lakes, FL 33014 www.coronadocdd.org 305.777.0761 Telephone 877.SDS.4922 Toll Free 561.630.4923 Facsimile

A. Call to Order AGENDA CORONADO COMMUNITY DEVELOPMENT DISTRICT Islands at Doral Clubhouse Meeting Room 8250 N.W. 112th Court Doral, Florida 33178 REGULAR BOARD MEETING & PUBLIC HEARING June 16, 2016 6:15 p.m. B. Proof of Publication Page 1 C. Establish Quorum D. Additions or Deletions to Agenda E. Comments from the Public for Items Not on the Agenda F. Approval of Minutes 1. March 28, 2016 Regular Board Meeting Page 2 G. Public Hearing 1. Proof of Publication Page 7 2. Receive Public Comment on the Fiscal Year 2016/2017 Final Budget & Assessments 3. Consider Resolution No. 2016-02 Appropriations Resolution FY 2016/2017...Page 8 4. Consider Resolution No. 2016-03 Assessment Resolution/Tax Roll FY 2016/2017.Page 16 H. Old Business 1. Update on Street/Roadway Improvement & Traffic Marking Project 2. Update Regarding Grass Carp and Bream Installation in Community Lake 3. Discussion Regarding Stop Sign Reflectivity and Placement of Stop Signs 4. Staff Report as Required I. New Business 1. Consider Resolution No. 2016-04 Adopting 2016/2017 Regular Meeting Schedule.Page 26 2. Qualified Elector (Registered Voter) Certification (238) Announcement Pursuant to Section 190.006, F.S..Page 28 3. Consider Resolution No. 2016-05 Calling for a Landowners Meeting and Public Notice Thereof Pursuant to Section 190.006, F.S..Page 32 J. Administrative & Operational Matters 1. Appointment of Audit Committee and Approval of Criteria for Auditor Selection..Page 38 2. Financial Risk Management Policy Review/Update 2015/2016 Fiscal Year 3. Statement of Financial Interests Disclosure 2015 Form 1 Filing Deadline: July 1, 2016 K. Board Member and Staff Closing Comments L. Adjourn

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CORONADO COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING MARCH 28, 2016 A. CALL TO ORDER District Manager Neil Kalin called the March 28, 2016, Regular Board Meeting of the Coronado Community Development District to order at 6:24 p.m. in the Islands at Doral Clubhouse Meeting Room located at 8250 NW 112 th Court, Doral, Florida 33178. B. PROOF OF PUBLICATION Mr. Kalin presented proof of publication that notice of the Regular Board Meeting had been published in the Miami Daily Business Review on March 18, 2016, as legally required. C. ESTABLISH A QUORUM Mr. Kalin determined that the attendance of Chairperson Digna Cabral, Vice Chairman Erwin Santacruz and Supervisors Casandra Lang, Gladys Huot and Renee Bedoya constituted a quorum and it was in order to proceed with the meeting. Staff in attendance included: District Managers Neil Kalin & Armando Silva of Special District Services, Inc.; and District Counsel Alyssa Willson (attended via conference call) of Hopping Green & Sams, P.A. D. ADDITIONS OR DELETIONS TO THE AGENDA There were no additions or deletions to the agenda. E. COMMENTS FROM THE PUBLIC FOR ITEMS NOT ON THE AGENDA There were no comments from the public for items not on the agenda. F. APPROVAL OF MINUTES 1. January 21, 2016, Regular Board Meeting Mr. Kalin presented the minutes of the January 21, 2016, Regular Board Meeting and asked if there were any corrections. There being none, a motion was then made by Mr. Santacruz, seconded by Ms. Lang and passed unanimously to approve the minutes of the January 21, 2016, Regular Board Meeting, as presented. G. OLD BUSINESS 1. Update on Community Street Maintenance/Repair Project Mr. Kalin advised that the Road/Street Maintenance Repair Project (the Project ) was ready to commence on April 4, 2016, and would last until April 8, 2016, weather permitting. In addition, Mr. Kalin stated that District Field Staff had composed and provided an informational flyer, in both English and Spanish, to Mr. Nestor Hermida of Page 1 of 5 Page 2

CORONADO COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING MARCH 28, 2016 Castle Group Management (not in attendance at today s meeting, but temporarily filling in as Property Manager for the Coronado at Doral Community, in the absence of Mr. Andres Tinoco) who has informed District Field Staff that copies of the informational flyer will be distributed by security staff and will be sent via a mass e-mail to all residents in the Coronado Community Development District (the District ) by this evening. Furthermore, District Field Staff will compose and provide a condensed version of the informational flyer to Mr. Andres Tinoco of Castle Group Management (not in attendance at today s meeting) to be distributed by the HOA (via a mass e-mail) and will serve as a reminder to residents one day before the start of each phase of the Project. 2. Staff Report, as Required There was no Staff Report at this time. H. NEW BUSINESS 1. Consider Resolution No. 2016-01 Adopting a Fiscal Year 2016/2017 Proposed Budget Prior to presenting Resolution No. 2016-01, Mr. Kalin pointed out that there was a scrivener s error in Resolution No. 2016-01, on the first page, under Section 4, the statutory cite 189.418 was corrected to 189.016. In addition, Mr. Kalin handed out a revised Page II of the proposed budget and stated that a change had been made to the comment section of the line item designated as Supervisor Fees ; from No Change from 2015/2016 Budget to $1,000 Decrease From 2015/2016 Budget. Mr. Kalin then presented Resolution No. 2016-01, entitled: RESOLUTION NO. 2016-01 A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CORONADO COMMUNITY DEVELOPMENT DISTRICT APPROVING PROPOSED BUDGETS FOR FISCAL YEAR 2016/2017 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW AND PROVIDING FOR AN EFFECTIVE DATE. Mr. Kalin read the title of the resolution into the record and noted that the proposed fiscal year 2016/2017 budget had been balanced by allocating approximately $4,200 from the projected fund balance as of September 30, 2016. Mr. Kalin reviewed the line items in the proposed budget and advised that since the overall proposed assessments were not increasing in the fiscal year 2016/2017, letters to residents would not be required. Furthermore, Mr. Kalin stated that as part of Resolution No. 2016-01, the Board must set a date for the Public Hearing to adopt the fiscal year 2016/2017 final budget and assessments. A discussion ensued after which: Page 2 of 5 Page 3

CORONADO COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING MARCH 28, 2016 A motion was made by Mr. Santacruz, seconded by Ms. Lang and unanimously passed to approve and adopt Resolution No. 2016-01, as presented, setting the Public Hearing to adopt the fiscal year 2016/2017 final budget and assessments for June 16, 2016, at 6:15 p.m. in the Meeting Room located at the Islands at Doral Clubhouse, 8250 NW 112 Court, Doral, Florida, 33178. I. ADMINISTRATIVE & OPERATIONAL MATTERS 1. Staff Report, as Required a. Update Regarding Installation of Lake Floating Duck Decoy Mr. Kalin advised that the installation of a floating "duck decoy" in the lake to identify and keep the irrigation line above the floor of the lake had been completed. b. Update Regarding Reflectivity of Stop Signs and the Required Number of Stop Signs Intersection of NW 89 th Street and NW 107 th Court Mr. Kalin stated that District Field Staff had visited the District during daylight and nighttime hours in order to observe the reflectivity of the stop sign on the east side of the intersection of NW 89 th Street and NW 107 th Court. It had been noted that the existing stop sign appears to meet the minimum uniform traffic standards in terms of reflectivity and size. In addition, District Field Staff had attempted to obtain Traffic Markings plans from multiple sources (the City of Doral, Miami-Dade County, the District Engineer and the Developer); however, the referenced plans are unavailable at this time. Ms. Cabral stated that she believes that the HOA might have a copy of the Traffic Markings and Drainage Plans and she will attempt to obtain a copy for the District, if available. A discussion ensued after which the consensus of the Board was to defer this item to the next meeting. 2. Discussion Regarding Proposal for Lake Aeration System Mr. Kalin presented a proposal which had been provided by Vertex Water Features (a division of Aquatic Systems, Inc.) for the installation of two (2) lake aeration systems at a cost of $3,518.27. It was noted that the addition of aeration would improve the quality of the lake and could potentially decrease midge fly and mosquito larvae populations. Mr. Kalin stated that yearly maintenance of the aeration systems would cost approximately $362. A discussion ensued after which the Board consensus was to consider a more economical form of reducing mosquito and midge fly populations. 3. Discussion Regarding Proposal for Stocking Lake with Bream Mr. Kalin presented a proposal which had been provided by Aquatic Systems, Inc. for the stocking of the lake with approximately seven hundred (700) Bream at a cost of $576.12. Mr. Kalin informed the Board that Bream is a fish that measures approximately two (2) to three (3) inches and is beneficial to a lake s ecosystem. The Bream s diet consists of mosquito and midge fly larvae; thus their populations. A discussion ensued after which the following motion was made: Page 3 of 5 Page 4

CORONADO COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING MARCH 28, 2016 A motion was made by Mr. Santacruz, seconded by Ms. Cabral and unanimously passed to approve the proposal provided by Aquatic Systems, Inc. for stocking the District lake with Bream; and authorizes the District Manager to execute the agreement on behalf of the Board of Supervisors of the District for an amount not to exceed $600. 4. Discussion Regarding Addendum to Current Aquatic Maintenance Agreement for Stocking Lake with Triploid Grass Carp Mr. Kalin presented an addendum to the current aquatic maintenance service agreement for the stocking of the lake with triploid grass carp. The addendum states that Aquatic Systems, Inc. will add approximately eight (8) to twelve (12) triploid grass carp to the lake and provide applicable permitting at no additional charge (billing will remain the same at $145.00 monthly for the balance of the current 2015/2016 fiscal year). Mr. Kalin advised that triploid grass carp is a beneficial herbivorous fish species whose diet consists of a variety of shoreline grasses, floating aquatic plants and certain species of algae. A discussion ensued after which the Board was in agreement to allow Aquatic Systems, Inc. to include the addendum in the current aquatic maintenance service agreement. Mr. Kalin stated that he would contact Aquatic Systems Inc. to advise of the inclusion of the addendum to the aquatic service maintenance agreement and to schedule the stocking of the triploid grass carp as soon as practically possible. J. BOARD MEMBER & STAFF CLOSING COMMENTS 1. Official Records of the District Address Update, Effective February 1, 2016 Mr. Kalin announced, effective February 1, 2016, that the official records of the District had moved from Suite 378 to Suite 374 within the same building (Crexent Business Center, 6625 Miami Lakes Drive, Miami Lakes, Florida 33014). 2. Reminder District Election November 2016 Mr. Kalin stated that there were 245 qualified electors (registered voters) within the District as of May 15, 2015. Should the District reach 250 qualified electors as of April 15, 2016, the District would then hold a Final Landowners Meeting/Election for Seat #5 (Renee Bedoya) and the Board Members in Seats #3 (Gladys Huot) and #4 (Casandra Lang) would be elected through the general election process during the month of November 2016. The 2016 candidate qualifying period for those terms of office being re-elected in November is from noon on June 20, 2016, through noon on June 24, 2016. K. ADJOURNMENT There being no further business to come before the Board, a motion was made by Ms. Cabral, seconded by Ms. Lang and unanimously passed to adjourn the Regular Board Meeting at 7:32 p.m. Page 4 of 5 Page 5

CORONADO COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING MARCH 28, 2016 Secretary/Assistant Secretary Chairperson/Vice Chairperson Page 5 of 5 Page 6

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RESOLUTION 2016-02 THE ANNUAL APPROPRIATION RESOLUTION OF THE CORONADO COMMUNITY DEVELOPMENT DISTRICT (THE DISTRICT ) RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2016, AND ENDING SEPTEMBER 30, 2017; AUTHORIZING BUDGET AMENDMENTS; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the District Manager has, prior to the fifteenth (15 th ) day in June, 2016, submitted to the Board of Supervisors (the Board ) a proposed budget for the next ensuing budget year along with an explanatory and complete financial plan for each fund of the Coronado Community Development District, pursuant to the provisions of Section 190.008(2)(a), Florida Statutes; and WHEREAS, at least sixty (60) days prior to the adoption of the proposed annual budget (the Proposed Budget ), the District filed a copy of the Proposed Budget with the local governing authorities having jurisdiction over the area included in the District pursuant to the provisions of Section 190.008(2)(b), Florida Statutes; and WHEREAS, the Board set June 16, 2016, as the date for a public hearing thereon and caused notice of such public hearing to be given by publication pursuant to Section 190.008(2)(a), Florida Statutes; and WHEREAS, the District Manager posted the Proposed Budget on the District s website at least two days before the public hearing or transmitted the Proposed Budget to the managers or administrators of the City of Doral and Miami-Dade County for posting on their websites; and WHEREAS, Section 190.008(2)(a), Florida Statutes, requires that, prior to October 1 st of each year, the District Board, by passage of the Annual Appropriation Resolution, shall adopt a budget for the ensuing fiscal year and appropriate such sums of money as the Board deems necessary to defray all expenditures of the District during the ensuing fiscal year; and WHEREAS, the District Manager has prepared a Proposed Budget, whereby the budget shall project the cash receipts and disbursements anticipated during a given time period, including reserves for contingencies for emergency or other unanticipated expenditures during the fiscal year. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CORONADO COMMUNITY DEVELOPMENT DISTRICT: Section 1. Budget a. That the Board of Supervisors has reviewed the District Manager s Proposed Budget, a copy of which is on file with the office of the District Manager and at the District s Records Office, and hereby approves certain amendments thereto, as shown in Section 2 below. b. That the District Manager s Proposed Budget, attached hereto as Exhibit A, as amended by the Board, is hereby adopted in accordance with the provisions of Section 190.008(2)(a), Florida Statutes, and incorporated herein by reference; provided, however, that the comparative figures contained in the adopted budget may be subsequently revised as deemed necessary by the District Manager to reflect actual revenues and expenditures for Fiscal Year 2016 and/or revised projections for Fiscal Year 2017. c. That the adopted budget, as amended, shall be maintained in the office of the District Manager and at the District s Records Office and identified as The Budget for the Coronado Community Development District for the Fiscal Year Ending September 30, 2017, as adopted by the Board of Supervisors on June 16, 2016. d. The final adopted budget shall be posted by the District Manager on the District s official website within thirty (30) days after adoption or shall be transmitted to the manager or administrator of the City of Doral and Miami-Dade County for posting on their websites. Page 8

Section 2. Appropriations There is hereby appropriated out of the revenues of the Coronado Community Development District, for the fiscal year beginning October 1, 2016, and ending September 30, 2017, the sum of $540,900.00 to be raised by the levy of assessments and otherwise, which sum is deemed by the Board of Supervisors to be necessary to defray all expenditures of the District during said budget year, to be divided and appropriated in the following fashion: GENERAL FUND $ 262,950.00 DEBT SERVICE FUND(S) $ 277,950.00 TOTAL ALL FUNDS $ 540,900.00 Section 3. Supplemental Appropriations Pursuant to Section 189.016, Florida Statutes, the following provisions govern amendments to the budget(s) for any particular fund(s) listed above: a. The Board may authorize an increase or decrease in line item appropriations within a fund by motion recorded in the minutes if the total appropriations of the fund do not increase. b. The District Manager or Treasurer may authorize an increase or decrease in line item appropriations within a fund if the total appropriations of the fund do not increase and if the aggregate change in the original appropriation item does not exceed $10,000 or 10% of the original appropriation. c. By resolution, the Board may increase any appropriation item and/or fund to reflect receipt of any additional unbudgeted monies and make the corresponding change to appropriations or the unappropriated balance. d. Any other budget amendments shall be adopted by resolution and consistent with Florida law. The District Manager or Treasurer must establish administrative procedures to ensure that any budget amendments are in compliance with this Section 3 and Section 189.016 of the Florida Statutes, among other applicable laws. Section 4. Effective Date. This Resolution shall take effect upon the passage and adoption of this Resolution by the Board of Supervisors of the Coronado Community Development District. PASSED AND ADOPTED THIS 16 TH DAY OF JUNE, 2016. ATTEST: CORONADO COMMUNITY DEVELOPMENT DISTRICT Secretary/Assistant Secretary By: Its: Page 9

Coronado Community Development District Final Budget For Fiscal Year 2016/2017 October 1, 2016 - September 30, 2017 Page 10

CONTENTS I II III IV FINAL BUDGET DETAILED FINAL BUDGET DETAILED FINAL DEBT SERVICE FUND BUDGET ASSESSMENT COMPARISON Page 11

FINAL BUDGET CORONADO COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2016/2017 OCTOBER 1, 2016 - SEPTEMBER 30, 2017 FISCAL YEAR 2016/2017 REVENUES BUDGET Administrative Assessments 100,995 Maintenance Assessments 103,105 O & M Assessments 0 Debt Assessments 277,950 Master Association Contributions 58,750 Interest 100 TOTAL REVENUES $ 540,900 EXPENDITURES MAINTENANCE EXPENDITURES Security Services 117,500 Aquatic Maintenance/Midgefly Control 4,500 Fountain Maintenance/Power-FPL 3,500 Storm Drainage Maintenance 4,800 Engineering 6,000 Roadway/Street Maintenance 8,400 Contingency 4,800 Maintenance Reserve 7,200 Initial Plans For Fountain (Ortiz) 0 Capital Improvements/Security Gate Project 0 TOTAL MAINTENANCE EXPENDITURES $ 156,700 ADMINISTRATIVE EXPENDITURES Supervisor Fees 11,000 Payroll Taxes 842 Management 33,228 Field Operations Management 750 Computer Time 0 Legal 13,200 Assessment Roll 3,000 Audit Fees 4,000 Insurance 6,750 Legal Advertisements 1,600 Miscellaneous 1,600 Postage 600 Office Supplies 800 Printing & Binding 0 Telephone 0 Dues & Subscriptions 175 Trustee Fee 4,600 Continuing Disclosure Fee 1,000 Website Management 1,500 Operating Reserve 15,600 TOTAL ADMINISTRATIVE EXPENDITURES $ 100,245 TOTAL EXPENDITURES $ 256,945 REVENUES LESS EXPENDITURES $ 283,955 Bond Payments (264,052) BALANCE $ 19,903 County Appraiser & Tax Collector Fee (4,821) Discounts For Early Payments (19,282) EXCESS/ (SHORTFALL) $ (4,200) Carryover From Prior Year 4,200 NET EXCESS/ (SHORTFALL) $ - 6/8/2016 6:18 PM I Page 12

DETAILED FINAL BUDGET CORONADO COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2016/2017 OCTOBER 1, 2016 - SEPTEMBER 30, 2017 FISCAL YEAR FISCAL YEAR FISCAL YEAR 2014/2015 2015/2016 2016/2017 REVENUES ACTUAL BUDGET BUDGET COMMENTS Administrative Assessments 0 100,519 100,995 Expenditures Less Interest & Carryover/.95 Maintenance Assessments 0 103,684 103,105 Expenditures Less Contributions/.95 O & M Assessments 154,809 0 0 Debt Assessments 277,945 277,950 277,950 Bond Payments/.95 Master Association Contributions 58,857 58,750 58,750 Master Association Contributions - 50% Of Security Interest 117 100 100 No Change From 2014/2015 Budget TOTAL REVENUES $ 491,728 $ 541,003 $ 540,900 EXPENDITURES MAINTENANCE EXPENDITURES Security Services 116,587 117,500 117,500 No Change From 2015/2016 Budget Aquatic Maintenance/Midgefly Control 2,530 2,750 4,500 $1,750 Increase From 2015/2016 Budget Fountain Maintenance/Power-FPL 0 3,500 3,500 No Change From 2015/2016 Budget Storm Drainage Maintenance 0 5,000 4,800 $200 Decrease From 2015/2016 Budget Engineering 8,270 7,000 6,000 $1,000 Decrease From 2015/2016 Budget Roadway/Street Maintenance 3,000 9,000 8,400 $600 Decrease From 2015/2016 Budget Contingency 2,496 5,000 4,800 $200 Decrease From 2015/2016 Budget Maintenance Reserve 4,729 7,500 7,200 $300 Decrease From 2015/2016 Budget Initial Plans For Fountain (Ortiz) 4,190 0 0 Fiscal Year 2014/2015 Expenditure Capital Improvements/Security Gate Project 0 0 0 Capital Improvements/Security Gate Project TOTAL MAINTENANCE EXPENDITURES $ 141,802 $ 157,250 $ 156,700 ADMINISTRATIVE EXPENDITURES Supervisor Fees 8,400 12,000 11,000 $1,000 Decrease From 2015/2016 Budget Payroll Taxes 643 918 842 Supervisor Fees * 7.65% Management 42,887 33,000 33,228 CPI Adjustment Field Operations Management 0 0 750 Field Operations Management Computer Time 625 0 0 Line Item Eliminated Legal 22,478 15,000 13,200 FY 2015/2016 Expenditures Through Jan 2016 Were $531 Assessment Roll 3,000 3,000 3,000 As Per Contract Audit Fees 3,700 3,900 4,000 $100 Increase From 2015/2016 Budget Insurance 5,665 6,550 6,750 2015/2016 Expenditure Was $5,665 Legal Advertisements 1,193 1,750 1,600 $150 Decrease From 2015/2016 Budget Miscellaneous 1,240 1,000 1,600 $600 Increase From 2015/2016 Budget Postage 375 600 600 No Change From 2015/2016 Budget Office Supplies 784 750 800 $50 Increase From 2015/2016 Budget Printing & Binding 816 0 0 Line Item Eliminated Telephone 102 150 0 Line Item Now Included In Miscellaneous Dues & Subscriptions 175 175 175 No Change From 2015/2016 Budget Trustee Fee 4,579 3,800 4,600 $800 Increase From 2015/2016 Budget Continuing Disclosure Fee 1,000 1,500 1,000 $500 Decrease From 2015/2016 Budget Website Management 0 1,500 1,500 Website Management Operating Reserve 0 20,000 15,600 Operating Reserve TOTAL ADMINISTRATIVE EXPENDITURES $ 97,662 $ 105,593 $ 100,245 TOTAL EXPENDITURES $ 239,464 $ 262,843 $ 256,945 REVENUES LESS EXPENDITURES $ 252,264 $ 278,160 $ 283,955 Bond Payments (265,917) (264,052) (264,052) 2017 P & I Payments Less Interest BALANCE $ (13,653) $ 14,108 $ 19,903 County Appraiser & Tax Collector Fee (4,182) (4,822) (4,821) One Percent Of Total Assessment Roll Discounts For Early Payments (14,502) (19,286) (19,282) Four Percent Of Total Assessment Roll EXCESS/ (SHORTFALL) $ (32,337) $ (10,000) $ (4,200) Carryover From Prior Year 0 10,000 4,200 Carryover From Prior Year NET EXCESS/ (SHORTFALL) $ (32,337) $ - $ - 6/8/2016 6:18 PM II Page 13

DETAILED FINAL DEBT SERVICE FUND BUDGET CORONADO COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2016/2017 OCTOBER 1, 2016 - SEPTEMBER 30, 2017 FISCAL YEAR FISCAL YEAR FISCAL YEAR 2014/2015 2015/2016 2016/2017 REVENUES ACTUAL BUDGET BUDGET COMMENTS Interest Income 76 0 0 Projected Interest For 2016/2017 NAV Tax Collection 265,917 264,052 264,052 Maximum Debt Service Collection Total Revenues $ 265,993 $ 264,052 $ 264,052 EXPENDITURES Principal Payments 65,000 65,000 70,000 Principal Payments Due In 2017 Interest Payments 196,200 190,350 186,300 Interest Payments Due In 2017 Transfer To Deferred Costs Account 13,214 8,702 7,752 Transfer To Deferred Costs Account Total Expenditures $ 274,414 $ 264,052 $ 264,052 Excess/ (Shortfall) $ (8,421) $ - $ - Series 2007 Bond Information Original Par Amount = $3,595,000 Annual Principal Payments Due = May 1st Interest Rate = 6.00% Annual Interest Payments Due = May 1st & November 1st Issue Date = August 2007 Maturity Date = May 2038 Deferred Costs Liability = $62,422 Available Funds In Deferred Costs Account As Of 2-29-16 = $36,329 6/8/2016 6:18 PM III Page 14

Coronado Community Development District Assessment Comparison Fiscal Year Fiscal Year Fiscal Year Fiscal Year 2013/2014 2014/2015 2015/2016 2016/2017 Assessment* Assessment* Assessment* Projected Assessment* Administrative $ - $ - $ 307.40 $ 308.85 Maintenance $ 292.80 $ 470.53 $ 317.08 $ 315.31 Debt $ 850.00 $ 850.00 $ 850.00 $ 850.00 Total $ 1,142.80 $ 1,320.53 $ 1,474.48 $ 1,474.16 * Assessments Include the Following : 4% Discount for Early Payments 1% County Tax Collector/Property Appraiser Fee Community Information: Total Units 327 6/8/2016 6:18 PM IV Page 15

RESOLUTION 2016-03 A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CORONADO COMMUNITY DEVELOPMENT DISTRICT MAKING A DETERMINATION OF BENEFIT; IMPOSING SPECIAL ASSESSMENTS; PROVIDING FOR THE COLLECTION AND ENFORCEMENT OF SPECIAL 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. WHEREAS, the Coronado Community Development District (the District ) is a local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes for the purpose of providing, operating and maintaining infrastructure improvements, facilities and services to the lands within the District; and WHEREAS, the District is located in Miami-Dade County, Florida (the County ); and WHEREAS, the District has constructed or acquired various infrastructure improvements and provides certain services in accordance with the District s adopted capital improvement plan and Chapter 190, Florida Statutes; and WHEREAS, the Board of Supervisors of the District ( Board ) hereby determines to undertake various operations and maintenance activities described in the District s budget(s) for Fiscal Year 2016-2017 ( Budget ), attached hereto as Exhibit A and incorporated by reference herein; and WHEREAS, the District must obtain sufficient funds to provide for the operation and maintenance of the services and facilities provided by the District as described in the District s Budget; and WHEREAS, the provision of such services, facilities, and operations is a benefit to lands within the District; and WHEREAS, Chapter 190, Florida Statutes, provides that the District may impose special assessments on benefitted lands within the District; and WHEREAS, Chapter 197, Florida Statutes, provides a mechanism pursuant to which such special assessments may be placed on the tax roll and collected by the local tax collector ( Uniform Method ); and WHEREAS, the District has previously evidenced its intention to utilize this Uniform Method; and Page 16

WHEREAS, the District has approved an Agreement with the Property Appraiser and Tax Collector of the County to provide for the collection of the special assessments under the Uniform Method; and WHEREAS, the District has previously levied an assessment for debt service, which the District desires to collect on the tax roll pursuant to the Uniform Method and which is also indicated on Exhibit A ; and WHEREAS, it is in the best interests of the District to proceed with the imposition of the special assessments for operations and maintenance in the amount set forth in the Budget; and WHEREAS, it is in the best interests of the District to adopt the Assessment Roll of the Coronado Community Development District (the Assessment Roll ) attached to this Resolution as Exhibit B and incorporated as a material part of this Resolution by this reference, and to certify the Assessment Roll to the County Tax Collector pursuant to the Uniform Method; and WHEREAS, it is in the best interests of the District to permit the District Manager to amend the Assessment Roll, certified to the County Tax Collector by this Resolution, as the Property Appraiser updates the property roll for the County, for such time as authorized by Florida law. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CORONADO COMMUNITY DEVELOPMENT DISTRICT: SECTION 1. BENEFIT. The provision of the services, facilities, and operations as described in Exhibit A confers a special and peculiar benefit to the lands within the District, which benefit exceeds or equals the costs of the assessments. The allocation of the costs to the specially benefitted lands is shown in Exhibits A and B and is hereby found to be fair and reasonable. SECTION 2. ASSESSMENT IMPOSITION. Pursuant to Chapter 190 of the Florida Statutes, and using the procedures authorized by Florida law for the levy and collection of special assessments, a special assessment for operation and maintenance is hereby imposed and levied on benefitted lands within the District, and in accordance with Exhibits A and B. The lien of the special assessments for operations and maintenance imposed and levied by this Resolution shall be effective upon passage of this Resolution. SECTION 3. COLLECTION. The collection of the operation and maintenance special assessments shall be at the same time and in the same manner as County taxes in accordance with the Uniform Method. The District shall also collect its previously levied debt service assessments pursuant to the Uniform Method, as indicated on Exhibits A and B. The decision to collect special assessments by any particular method e.g., on the tax roll or by direct bill does not mean that such method will be used to collect special assessments in future years, and the District reserves the right in its sole discretion to select collection methods in any given year, regardless of past practices. Page 17

SECTION 4. ASSESSMENT ROLL. The District's Assessment Roll, attached to this Resolution as Exhibit B, is hereby certified to the County Tax Collector and shall be collected by the County Tax Collector in the same manner and time as County taxes. The proceeds therefrom shall be paid to the Coronado Community Development District. SECTION 5. ASSESSMENT ROLL AMENDMENT. The District Manager shall keep apprised of all updates made to the County property roll by the Property Appraiser after the date of this Resolution, and shall amend the District s Assessment Roll in accordance with any such updates, for such time as authorized by Florida law, to the County property roll. After any amendment of the Assessment Roll, the District Manager shall file the updates in the District records. SECTION 6. 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. SECTION 7. EFFECTIVE DATE. This Resolution shall take effect upon the passage and adoption of this Resolution by the Board of Supervisors of the Coronado Community Development District. PASSED AND ADOPTED this 16 th day of June, 2016. ATTEST: CORONADO COMMUNITY DEVELOPMENT DISTRICT Secretary / Assistant Secretary By: Its: Exhibit A: Exhibit B: Budget Assessment Roll Page 18

Coronado Community Development District Assessment Roll 2016 2017 ROLL YEAR FOLIO DISTRICT ID DISTRICT # PROPERTY USE O&M DEBT TOTAL 2016 35 3007 013 0010 X 0000 COMMON AREAS 0.00 0.00 0.00 2016 35 3007 013 0020 X 0000 COMMON AREAS 0.00 0.00 0.00 2016 35 3007 017 0010 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 017 0020 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 017 0030 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 017 0040 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 017 0050 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 017 0060 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 017 0070 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 017 0080 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 017 0090 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 017 0100 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 017 0110 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 017 0120 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0010 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0020 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0030 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0040 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0050 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0060 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0070 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0080 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0090 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0100 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0110 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0120 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0130 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0140 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0150 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0160 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0170 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0180 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0190 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0200 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0210 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0220 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0230 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0240 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0250 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0260 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0270 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0280 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0290 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0300 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0310 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0320 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0330 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0340 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0350 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0360 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0370 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0380 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0390 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 1 Page 19

Coronado Community Development District Assessment Roll 2016 2017 ROLL YEAR FOLIO DISTRICT ID DISTRICT # PROPERTY USE O&M DEBT TOTAL 2016 35 3007 018 0400 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0410 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0420 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0430 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0440 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0450 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0460 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0470 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0480 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0490 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0500 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0510 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0520 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0530 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0540 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0550 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0560 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0570 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0580 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0590 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0600 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0610 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0620 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0630 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0640 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0650 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0660 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0670 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0680 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0690 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0700 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0710 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0720 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0730 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0740 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0750 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0760 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0770 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0780 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0790 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0800 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0810 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0820 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0830 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0840 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0850 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0860 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0870 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0880 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0890 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0900 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0910 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0920 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2 Page 20

Coronado Community Development District Assessment Roll 2016 2017 ROLL YEAR FOLIO DISTRICT ID DISTRICT # PROPERTY USE O&M DEBT TOTAL 2016 35 3007 018 0930 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0940 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0950 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0960 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0970 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0980 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 0990 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 1000 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 1010 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 1020 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 1030 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 1040 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 1050 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 1060 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 1070 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 1080 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 1090 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 1100 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 018 1110 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 020 0010 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 020 0020 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 020 0030 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 020 0040 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 020 0050 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 020 0060 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 020 0070 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 020 0080 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 020 0090 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 020 0100 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 020 0110 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 020 0120 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 020 0130 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 020 0140 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 020 0150 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 020 0160 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 020 0170 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 020 0180 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0010 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0020 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0030 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0040 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0050 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0060 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0070 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0080 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0090 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0100 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0110 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0120 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0130 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0140 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0150 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0160 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 3 Page 21

Coronado Community Development District Assessment Roll 2016 2017 ROLL YEAR FOLIO DISTRICT ID DISTRICT # PROPERTY USE O&M DEBT TOTAL 2016 35 3007 022 0170 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0180 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0190 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0200 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0210 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0220 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0230 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0240 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0250 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0260 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0270 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0280 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0290 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0300 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0310 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0320 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0330 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0340 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0350 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0360 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0370 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0380 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 022 0390 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 023 0010 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 023 0020 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 023 0030 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 023 0040 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 023 0050 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 023 0060 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 023 0070 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 023 0080 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 023 0090 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 023 0100 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 023 0110 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 023 0120 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 023 0130 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 023 0140 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 023 0150 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 023 0160 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 023 0170 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 023 0180 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 023 0190 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 023 0200 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 023 0210 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 023 0220 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 023 0230 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 023 0240 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 023 0250 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 023 0260 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 023 0270 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 024 0010 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 024 0020 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 024 0030 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 4 Page 22

Coronado Community Development District Assessment Roll 2016 2017 ROLL YEAR FOLIO DISTRICT ID DISTRICT # PROPERTY USE O&M DEBT TOTAL 2016 35 3007 024 0040 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 024 0050 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 024 0060 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 024 0070 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 024 0080 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 024 0090 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 024 0100 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 024 0110 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 024 0120 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 026 0010 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 026 0020 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 026 0030 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 026 0040 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 026 0050 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 026 0060 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 026 0070 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 026 0080 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 026 0090 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 026 0100 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 026 0110 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 026 0120 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 026 0130 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 026 0140 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 026 0150 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 026 0160 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 026 0170 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 026 0180 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 026 0190 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 026 0200 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 026 0210 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 026 0220 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 026 0230 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 026 0240 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 026 0250 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 026 0260 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 026 0270 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 026 0280 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 026 0290 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 026 0300 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 026 0310 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 026 0320 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 026 0330 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0010 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0020 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0030 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0040 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0050 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0060 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0070 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0080 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0090 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0100 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0110 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 5 Page 23

Coronado Community Development District Assessment Roll 2016 2017 ROLL YEAR FOLIO DISTRICT ID DISTRICT # PROPERTY USE O&M DEBT TOTAL 2016 35 3007 027 0120 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0130 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0140 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0150 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0160 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0170 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0180 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0190 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0200 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0210 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0220 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0230 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0240 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0250 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0260 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0270 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0280 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0290 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0300 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0310 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0320 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0330 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0340 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0350 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0360 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0370 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0380 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0390 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0400 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0410 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 027 0420 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 028 0010 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 028 0020 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 028 0030 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 028 0040 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 028 0050 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 028 0060 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 028 0070 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 028 0080 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 028 0090 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 028 0100 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 028 0110 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 028 0120 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 028 0130 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 028 0140 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 028 0150 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 028 0160 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 028 0170 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 028 0180 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 028 0190 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 028 0200 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 028 0210 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 028 0220 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 6 Page 24

Coronado Community Development District Assessment Roll 2016 2017 ROLL YEAR FOLIO DISTRICT ID DISTRICT # PROPERTY USE O&M DEBT TOTAL 2016 35 3007 028 0230 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 028 0240 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 028 0250 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 028 0260 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 028 0270 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 028 0280 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 028 0290 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 028 0300 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 028 0310 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 028 0320 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 2016 35 3007 028 0330 X 0069 CONDOMINIUM 624.16 850.00 1,474.16 TOTAL FOR CORONADO 204,100.32 277,950.00 482,050.32 7 Page 25

RESOLUTION NO. 2016-04 A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CORONADO COMMUNITY DEVELOPMENT DISTRICT, ESTABLISHING A REGULAR MEETING SCHEDULE FOR FISCAL YEAR 2016/2017 AND SETTING THE TIME AND LOCATION OF SAID DISTRICT MEETINGS; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, it is necessary for the Coronado Community Development District ("District") to establish a regular meeting schedule for fiscal year 2016/2017; and WHEREAS, the Board of Supervisors of the District has set a regular meeting schedule, location and time for District meetings for fiscal year 2016/2017 which is attached hereto and made a part hereof as Exhibit A. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CORONADO 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 2016/2017 which is attached hereto as Exhibit A is hereby adopted and authorized to be published. PASSED, ADOPTED and EFFECTIVE this 16 th day of June, 2016. ATTEST: CORONADO COMMUNITY DEVELOPMENT DISTRICT By: Secretary/Assistant Secretary By: Chairperson/Vice Chairperson Page 26

CORONADO COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2016/2017 REGULAR MEETING SCHEDULE NOTICE IS HEREBY GIVEN that the Board of Supervisors of the Coronado Community Development District will hold Regular Meetings in the Islands at Doral Clubhouse Meeting Room located at 8250 NW 112 th Court, Doral, Florida 33178 at 6:15 p.m. on the following dates: October 20, 2016 November 17, 2016 January 19, 2017 February 16, 2017 March 16, 2017 April 20, 2017 May 18, 2017 June 15, 2017 July 20, 2017 September 14, 2017 The purpose of the meetings is to conduct any business coming before the Board. Meetings are open to the public and will be conducted in accordance with the provisions of Florida law. Copies of the Agenda for any of the meetings may be obtained by contacting the District Manager at (305) 777-0761 and/or toll free at 1-877-737-4922 five (5) days prior to the date of the particular meeting. From time to time one or two Supervisors may participate by telephone; therefore, a speaker telephone will be present at the meeting location so that Supervisors may be fully informed of the discussions taking place. Said meetings 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) 777-0761 and/or toll-free at 1-877-737-4922 at least seven (7) days prior to the date of the particular meeting. CORONADO COMMUNITY DEVELOPMENT DISTRICT PUBLISH: MIAMI DAILY BUSINESS REVIEW XX/XX/16 Page 27

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