CENTURY PARC COMMUNITY DEVELOPMENT DISTRICT

MIAMI-DADE COUNTY Regular Board Meeting & Public
Hearing June 5, 2024
11:00 A.M.

Special District Services, Inc. 8785 SW 165th Avenue, Suite 200
Miami, FL 33193
www.centuryparccdd.org 786.347.2711 Ext. 2011 Telephone 877.SDS.4922 Toll Free 561.630.4923 Facsimile

Call to Order

AGENDA
CENTURY PARC COMMUNITY DEVELOPMENT DISTRICT
At the Renaissance Planning Office Conference Room 5757 Blue Lagoon Drive, Suite 330
Miami, Florida 33126
REGULAR BOARD MEETING & PUBLIC HEARING
June 5, 2024
11:00 a.m.

Proof of Publication	Page 1
Establish Quorum
Accept Resignation of Supervisor German	Page 2
Election of Officers
Additions or Deletions to Agenda
Comments from the Public for Items Not on the Agenda
Approval of Minutes
April 3, 2024 Regular Board Meeting	Page 3
Old Business
New Business
Consider Approval of Resolution No. 2024-03 – Adopting a FY 2024/2025 Meeting
Schedule…	Page 7
Consider Appointment of Audit Committee & Approval of Evaluation Criteria for RFQ… Page 9
Update of the Storm Drainage Cleaning
Public Hearing
Proof of Publication…	Page 13
Receive Public Comments on FY 2024/2025 Final Budget
Consider Approval of Resolution No. 2024-04 – Adopting a FY 2024/2025 Final Budget…Page 14
Administrative Matters
Financial Update	Page 21
SDS Ethics Training Memo	Page 25
Reminder for Ethics Training with Deadline of December 31, 2024
Reminder of the 2023 Form 1 – Statement of Financial Interests Due by July 1, 2024
Announce the 2024 General Election and Candidate Qualifying Period - Noon, Monday, June 10, 2024 through Noon, Friday, June 14, 2024
Board Member Comments
Adjourn

MIAMI-DADE

STATE OF FLORIDA COUNTY OF MIAMI-DADE:

Before the undersigned authority personally appeared ROSANA SALGADO, who on oath says that he or she is the LEGAL CLERK, Legal Notices of the Miami Daily Business Review flk!a Miami Review, of Miami-Dade County, Florida; that the attached copy of advertisement, being a Legal Advertisement of Notice in the matter of

CENTURY PARC COMMUNITY DEVELOPMENT DISTRICT -
FISCAL YEAR 2023/2024 REGULAR MEETING SCHEDULE

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in the XXXX Court,
was published in a newspaper by print in the issues of Miami Daily Business Review f/kfa Miami Review on

10/23/2023

Affiant further says that the newspaper complies with all legal  requirements	for  publication  in  chapter	50,  Florida

Sworn to and subscribed before me this

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atth :siarr,,;,Supervlsori o;t ·e CenturA District will_hold RegLJJar,,Meetings,in the.j
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Page 1

April 24, 2024

Board of Supervisors
Century Pare Community Development District c/o Special District Services, Inc.
8785 SW 165th Avenue Suite 200
Miami, FL 33193

RE: Resignation Notice

Dear Board of Supervisors,

Please be advised that I Ramon German am resigning my position as Board Member and Officer holding Seat #5 of the Century Pare Community Development District Board of Supervisors effective as of April 24, 2024.

Ramon German
8942 West Flagler Street Unit. # 1 Miami, FL 33174

Page 2

CENTURY PARC COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING
APRIL 3, 2024

CALL TO ORDER

The April 3, 2024, Regular Board Meeting of the Century Parc Community Development District (the “District”) was called to order at 11:00 a.m. in the Renaissance Planning Office Conference Room located at 5757 Blue Lagoon Drive, Suite 330, Miami, Florida 33126.

PROOF OF PUBLICATION

Proof of publication was presented that notice of the Regular Board Meeting had been published in the Miami Daily Business Review October 23, 2023, as part of the District’s Fiscal Year 2023/2024 Regular Meeting Schedule, as legally required.

ESTABLISH A QUORUM

It was determined that the attendance of the following Supervisors constituted a quorum and it was in order to proceed with the meeting: Chairman Nelson Avendano and Supervisors Ramon German and Marco Tulio Villalobos.

Staff in attendance included: District Manager Gloria Perez of Special District Services, Inc.; and District Counsel Gregory George of Billing, Cochran, Lyles, Mauro & Ramsey, P.A.

ADDITIONS OR DELETIONS TO AGENDA

There were no additions or deletions to the agenda.

COMMENTS FROM THE PUBLIC FOR ITEMS NOT ON THE AGENDA

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

APPROVAL OF MINUTES
November 1, 2023, Regular Board Meeting

The minutes of the November 1, 2023, Regular Board Meeting were presented and the Board was asked if there were any corrections and/or additions.

There being no changes, a MOTION was made by Supervisor German, seconded by Supervisor Avendano and unanimously passed approving the minutes of the November 1, 2023, Regular Board Meeting, as presented.

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

Page 3
Page 1 of 4

NEW BUSINESS
Consider Resolution No. 2024-01 – Electronic Signature Policy

Mrs. Perez presented Resolution No. 2024-01, entitled:

RESOLUTION 2024-01

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CENTURY PARC COMMUNITY DEVELOPMENT DISTRICT ESTABLISHING AN ELECTRONIC SIGNATURE POLICY, PROVIDING DISTRICT MANAGER WITH AUTHORITY AND RESPONSIBILITY FOR APPROVAL OF ELECTRONIC SIGNATURES AND IMPLEMENTATION OF CONTROL PROCESSES AND PROCEDURES TO ENSURE COMPLIANCE, INTEGRITY, AND SECURITY, IN ACCORDANCE WITH CHAPTER 688, FLORIDA STATUTES; AND PROVIDING FOR SEVERABILITY AND EFFECTIVE DATE.

A MOTION was made by Supervisor German, seconded by Supervisor Villalobos and unanimously passed adopting Resolution No. 2024-01, as presented.

Consider Resolution No. 2024-02 – Adopting a Fiscal Year 2024/2025 Proposed Budget

Mrs. Perez presented Resolution No. 2024-02, entitled:

RESOLUTION NO. 2024-02

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CENTURY PARC COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2024/2025; AND PROVIDING AN EFFECTIVE DATE.

The Debt Service Assessment is the same as last year. The Administrative Budget is slightly higher than last year. Insurance & Legal Advertising have increased. Any unused Maintenance/Contingency funds are being designated as reserve funds and will be used for future projects. So far there is $409,040 designated for roads and $102,840 designated for Storm Drainage. The 2023/2024 Drainage Contingency budget is $16,100 and the 2023/2024 Roads Contingency budget is $37,860 pursuant to the amounts suggested in the engineer’s report.

Estimated available funds for 9-30-24 are anticipated to be approximately $120,000, should no unforeseen expenses occur. A prior year carryover of $9,360 has been applied to this budget ($6,590 was issued last year). The available funds balance takes the reserve funds for the Road & Drainage Repairs into consideration (i.e., the available funds are in addition to the reserve balance).

Because the overall assessment presented for 2024/2025 is currently lower than the 2023/2024 assessment, letters to residents would not be needed.

A MOTION was made by Supervisor German, seconded by Supervisor Villalobos and unanimously passed adopting Resolution No. 2024-02, as presented, approving a Proposed Budget for FY 2024-2025

and Setting the Public Hearing for finalization for June 5, 2024, at 11:00 a.m. at the Renaissance Planning Office Conference Room located at 5757 Blue Lagoon Drive, Suite 330, Miami, Florida 33126; and further authorizing advertisement as required.

Consider Storm Drainage Cleaning Proposals

Mrs. Perez advised that the Field Operations’ team had conducted an inspection of the Stormwater Management System at the end of January 2024 which resulted in determining that 29 of the structures required cleaning at this time.

A MOTION was made by Supervisor German, seconded by Supervisor Avendano and passed unanimously approving the proposal from Raptor Vac Systems in the amount of $3,132 for storm drain cleaning and directing District Counsel to prepare and agreement and simultaneously authorizing the District Manager to execute same on behalf of the District.

ADMINISTRATIVE MATTERS
Financial Update

Mrs. Perez presented the financial statement and indicated that finances were stable and would cover anticipated budgeted expenditures. Available funds as of February 29, 2024, were $236,123.27.

A MOTION was made by Supervisor German, seconded by Supervisor Avendano and passed unanimously ratifying and approving the financials, as presented.

Review Memorandum Regarding Required Ethics Training and Financial Disclosure

Mr. George provided an overview of the Memorandum Regarding Required Ethics Training and Financial Disclosure that was presented in the meeting book, noting the recent changes to the Form 1 submittal as being an online process and directing the Board to the provided links for their convenience.

BOARD AND STAFF CLOSING COMMENTS

There were no further Board or staff closing comments.

ADJOURNMENT

Page 5

The Regular Board Meeting was adjourned at 11:19 a.m. on a MOTION made by Supervisor Avendano, seconded by Supervisor German and passed unanimously.

ATTESTED BY:

Secretary/Assistant Secretary	Chairman/Vice-Chairperson

RESOLUTION NO. 2024-03

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CENTURY PARC COMMUNITY DEVELOPMENT DISTRICT, ESTABLISHING A REGULAR MEETING SCHEDULE FOR FISCAL YEAR 2024/2025 AND SETTING THE TIME AND LOCATION OF SAID DISTRICT MEETINGS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, it is necessary for the Century Parc Community Development District ("District") to establish a regular meeting schedule for fiscal year 2024/2025; and

WHEREAS, the Board of Supervisors of the District has set a regular meeting schedule, location and time for District meetings for fiscal year 2024/2025 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 PARC 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 2024/2025 which is attached hereto as Exhibit “A” is hereby adopted and authorized to be published.
PASSED, ADOPTED and EFFECTIVE this 5th day of June, 2024.

ATTEST:	CENTURY PARC
COMMUNITY DEVELOPMENT DISTRICT

By:			By:		 Secretary/Assistant Secretary			Chairperson/Vice Chairperson

CENTURY PARC COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2024/2025 REGULAR MEETING SCHEDULE

NOTICE IS HEREBY GIVEN that the Board of Supervisors of the Century Parc Community Development District will hold Regular Meetings in the Renaissance Planning Office Conference Room located at 5757 Blue Lagoon Drive, Suite 330, Miami, FL 33126 at 11:00 a.m. on the following dates:

November 6, 2024
February 5, 2025
April 2, 2025
June 4, 2025
August 6, 2025

The purpose of these 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 from the District’s website or by contacting the District Manager at (786) 347-2711 Ext. 2011 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 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 (786) 347-2711 Ext. 2011 and/or toll free at 1-877-737-4922 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 PARC COMMUNITY DEVELOPMENT DISTRICT

www.centuryparccdd.org

PUBLISH:  MIAMI HERALD	00/00/24

CENTURY PARC COMMUNITY DEVELOPMENT DISTRICT REQUEST FOR PROPOSALS

District Auditing Services for Fiscal Years 2023/2024, 2024/2025 and 2025/2026 With Two Year Option (2026/2027 and 2027/2028)
Miami-Dade County, Florida

CENTURY PARC COMMUNITY DEVELOPMENT DISTRICT AUDITOR SELECTION INSTRUCTIONS TO PROPOSERS

SECTION 1. DUE DATE. Sealed proposals must be received no later than August 21, 2024 at 4:00 p.m., at the offices of District Manager, located at 2501A Burns Road, Palm Beach Gardens, Florida 33410.

SECTION 2. FAMILIARITY WITH THE LAW. By submitting a proposal, the Proposer is affirming its familiarity and understanding with all federal, state, and local laws, ordinances, rules and regulations that in any manner affect the work. Ignorance on the part of the Proposer will in no way relieve it from responsibility to perform the work covered by the proposal in compliance with all such laws, ordinances and regulations.

SECTION 3. QUALIFICATIONS OF PROPOSER. The contract, if awarded, will only be awarded to a responsible Proposer who is qualified by experience and licensing to do the work specified herein. The Proposer shall submit with its proposal satisfactory evidence of experience in similar work and show that it is fully prepared to complete the work to the satisfaction of the District.

SECTION 4. REJECTION OF PROPOSAL. Proposers shall be disqualified and their proposals rejected if the District has reason to believe that collusion may exist among the Proposers, the Proposer has defaulted on any previous contract or is in arrears on any previous or existing contract, or for failure to demonstrate proper licensure and business organization.

SECTION 5. SUBMISSION OF PROPOSAL. Submit one (1) copy of the Proposal Documents and one digital copy, and other requested attachments at the time and place indicated herein, which shall be enclosed in an opaque sealed envelope, marked with the title “Auditing Services – Century Parc Community Development District” on the face of it.

SECTION 6.  MODIFICATION AND WITHDRAWAL.  Proposals may be
modified or withdrawn by an appropriate document duly executed and delivered to the place where proposals are to be submitted at any time prior to the time and date the proposals are due. After proposals are opened by the District, no proposal may be withdrawn for a period of ninety (90) days.

SECTION 7. PROPOSAL DOCUMENTS. The proposal documents shall consist of the notice announcing the request for proposals, these instructions, the Evaluation Criteria Sheet and a proposal with all required documentation pursuant to Section 12 of these instructions (the “Proposal Documents”).

SECTION 8. PROPOSAL. In making its proposal, each Proposer represents that it has read and understands the Proposal Documents and that the proposal is made in accordance therewith.

SECTION 9. BASIS OF AWARD/RIGHT TO REJECT. The District reserves the right to reject any and all proposals, make modifications to the work, and waive any informalities or irregularities in proposals as it is deemed in the best interests of the District.

SECTION 10. CONTRACT AWARD. Within fourteen (14) days of receipt of the Notice of Award from the District, the Proposer shall enter into and execute a Contract (engagement letter) with the District.

SECTION 11. LIMITATION OF LIABILITY. Nothing herein shall be construed as or constitute a waiver of District’s limited waiver of liability contained in section 768.28, Florida Statutes, or any other statute or law.

SECTION 12. MISCELLANEOUS. All proposals shall include the following information in addition to any other requirements of the proposal documents.

List position or title of all personnel to perform work on the District audit. Include resumes or each person listed; list years of experience in present position for each party listed and years of related experience.

Describe proposed staffing levels, including resumes with applicable certifications.

Three references from projects of similar size and scope. The Proposer should include information relating to the work it conducted for each reference as well as a name, address and phone number of a contact person.

SECTION 13. PROTESTS. Any protest regarding the Proposal Documents, must be filed in writing, at the offices of the District Manager, within seventy-two (72) hours after receipt of the Request for Proposals and Evaluation Criteria or other contract documents. The formal protest setting forth with particularity the facts and law upon which the protest is based shall be filed within seven (7) calendar days after the initial notice of protest was filed. Failure to timely file a notice of protest or failure to timely file a formal written protest shall constitute a waiver of any right to object or protest with respect to the aforesaid Request for Proposals, Evaluation Criteria, or other contract documents.

2

SECTION 14. EVALUATION OF PROPOSALS. The criteria to be used in the evaluation are presented in the Evaluation Criteria Sheet, contained within the Proposal Documents.

SECTION 15. REJECTION OF ALL PROPOSALS. The District reserves the right to reject any and all bids, with or without cause, and to waive technical errors and informalities, as determined to be in the best interests of the District.

CENTURY PARC COMMUNITY DEVELOPMENT DISTRICT AUDITOR SELECTION
EVALUATION CRITERIA

Ability of Personnel (10 Points).

(E.g., geographic locations of the firm’s headquarters or permanent office in relation to the project; capabilities and experience of key personnel; evaluation of existing work load; proposed staffing levels, etc.)

Proposer’s Experience (10 Points).

(E.g. past record and experience of the Proposer in similar projects; volume of work previously performed by the firm; past performance for other Community Development Districts in other contracts; character, integrity, reputation of Proposer, etc.)

Understanding of Scope of Work (10 Points).

Extent to which the proposal demonstrates an understanding of the District’s needs for the services requested.

Ability to Furnish the Required Services (10 Points).

Present ability to manage this project and the extent to which the proposal demonstrates the adequacy of Proposer’s financial resources and stability as a business entity necessary to complete the services required (E.g. the existence of any natural disaster plan for business operations).

Price (10 Points).

Points will be awarded based upon the price bid for the rendering of the services and reasonableness of the price to the services.

Publication Date 2024-05-23

Subcategory Miscellaneous Notices

Notice of Public Hearing
and Regular Board Meeting of the Century Parc Community Development District
The Board of Supervisors of the Century Parc Community Development District (the "District") will hold a Public Hearing and Regular Board Meeting on June 5, 2024, at 11:00 a.m., or as soon thereafter as can be heard, in a Conference Room at the Renaissance Planning Office located at 5757 Blue Lagoon Drive, Suite 330, Miami, Florida 33126.
The purpose of the Public Hearing is to receive public comment on the Fiscal Year 2024/2025 Proposed Final Budget of the District. A copy of the Budget and/or the Agenda may be obtained from the District's website (www.centuryparccdd.org) during normal business hours. The purpose of the Regular Board Meeting is for the Board to consider any business which may properly come before it. The meetings are open to the public and will be conducted in accordance with the provisions of Florida law for community development districts.
Meetings may be continued as found necessary to a time and place specified on the record.
There may be occasions when one or two Supervisors will 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.
In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accommodations or an interpreter to participate at these meetings should contact the District Manager at (786) 347-2711 and/or toll-free at 1-877-737-4922, at least seven (7) days prior to the date of the meetings. If any person decides to appeal any decision made with respect to any matter considered at this Public Hearing and Regular Board Meeting, such person will need a record of the proceedings and such person may need to ensure that a verbatim record of the proceedings is made at their own expense and which record includes the testimony and evidence on which the appeal is based.
Meetings may be cancelled from time to time without advertised notice. Century Parc Community Development District www.centuryparccdd.org
W00000000 May 16,23 2024

RESOLUTION NO. 2023-04

A RESOLUTION OF THE CENTURY PARC COMMUNITY DEVELOPMENT DISTRICT ADOPTING A FISCAL YEAR 2023/2024 BUDGET.

WHEREAS, the Century Parc Community Development District (“District”) has prepared a Proposed Budget and Final Special Assessment Roll for Fiscal Year 2023/2024 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 PARC COMMUNITY DEVELOPMENT DISTRICT THAT:

Section 1.	The Final Budget and Final Special Assessment Roll for Fiscal Year 2023/2024 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 EFFECTIVE this 5th day of June, 2024.

ATTEST:	CENTURY PARC
COMMUNITY DEVELOPMENT DISTRICT

By:			By:		 Secretary/Assistant Secretary			Chairperson/Vice Chairperson

Century Parc Community Development District

Final Budget For Fiscal Year 2024/2025
October 1, 2024 - September 30, 2025

CONTENTS

FINAL BUDGET

DETAILED FINAL BUDGET

DETAILED FINAL DEBT SERVICE FUND BUDGET

ASSESSMENT COMPARISON

FINAL BUDGET
CENTURY PARC COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2024/2025
OCTOBER 1, 2024 - SEPTEMBER 30, 2025

REVENUES	
FISCAL YEAR 2024/2025 BUDGET	
Administrative Assessments	75,190	
Maintenance Assessments	60,602	
Debt Assessments	351,984	
Other Revenues	0	
Interest Income	840	
TOTAL REVENUES	$	488,616	
		
EXPENDITURES		
MAINTENANCE EXPENDITURES		
Maintenance/Contingency - Drainage	16,100	
Maintenance/Contingency - Roads	37,860	
Engineering/Inspections	3,000	
TOTAL MAINTENANCE EXPENDITURES	$	56,960	
		
ADMINISTRATIVE EXPENDITURES		
Supervisor Fees	6,000	
Payroll Taxes (Employer)	480	
Management	35,616	
Secretarial	4,200	
Legal	8,000	
Assessment Roll	6,000	
Audit Fees	3,900	
Insurance	7,000	
Legal Advertisements	2,000	
Miscellaneous	675	
Postage	300	
Office Supplies	575	
Dues & Subscriptions	175	
Trustee Fees	3,600	
Continuing Disclosure Fee	350	
Website Management	2,000	
TOTAL ADMINISTRATIVE EXPENDITURES	$	80,871	
		
TOTAL EXPENDITURES	$	137,831	
		
REVENUES LESS EXPENDITURES	$	350,785	
		
Bond Payments	(330,865)	
		
BALANCE	$	19,920	
		
County Appraiser & Tax Collector Fee	(9,760)	
Discounts For Early Payments	(19,520)	
		
Excess/ (Shortfall)	$	(9,360)	
		
Carryover From Prior Year	9,360	
		
Net Excess/ (Shortfall)	$	-	

DETAILED FINAL BUDGET
CENTURY PARC COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2024/2025
OCTOBER 1, 2024 - SEPTEMBER 30, 2025

REVENUES	
FISCAL YEAR 2022/2023 ACTUAL	
FISCAL YEAR 2023/2024 BUDGET	
FISCAL YEAR 2024/2025 BUDGET	

COMMENTS	
Administrative Assessments	77,071	75,204	75,190	Expenditures Less Interest & Carryover/.94	
Maintenance Assessments	59,539	60,602	60,602	Expenditures/.94	
Debt Assessments	351,986	351,984	351,984	Bond Payments/.94	
Other Revenues	0	0	0		
Interest Income	22,278	540	840	Interest Estimated At $70 Per Month	
TOTAL REVENUES	$	510,874	$	488,330	$	488,616		
					
EXPENDITURES					
MAINTENANCE EXPENDITURES					
Maintenance/Contingency - Drainage	8,811	16,100	16,100	Maintenance/Contingency - Drainage	
Maintenance/Contingency - Roads	0	37,860	37,860	2031 Road Project - 8th Year	
Engineering/Inspections	1,359	3,000	3,000	No Change From 2023/2024 Budget	
TOTAL MAINTENANCE EXPENDITURES	$	10,170	$	56,960	$	56,960		
					
ADMINISTRATIVE EXPENDITURES					
Supervisor Fees	2,400	6,000	6,000	Supervisor Fees	
Payroll Taxes (Employer)	184	480	480	Projected At 8% Of Supervisor Fees	
Management	33,588	34,584	35,616	CPI Adjustment (Capped At 3%)	
Secretarial	4,200	4,200	4,200	No Change From 2023/2024 Budget	
Legal	6,157	8,000	8,000	No Change From 2023/2024 Budget	
Assessment Roll	6,000	6,000	6,000	As Per Contract	
Audit Fees	3,700	3,800	3,900	$100 Increase From 2023/2024 Budget	
Insurance	6,134	6,500	7,000	Fiscal Year 23/24 Expenditure Was $6,594	
Legal Advertisements	262	525	2,000	Costs Will Increase Due To Closing Of The Miami Business Review	
Miscellaneous	400	700	675	$25 Decrease From 2023/2024 Budget	
Postage	199	300	300	No Change From 2023/2024 Budget	
Office Supplies	239	600	575	$25 Decrease From 2023/2024 Budget	
Dues & Subscriptions	175	175	175	No Change From 2023/2024 Budget	
Trustee Fees	3,400	3,600	3,600	No Change From 2023/2024 Budget	
Continuing Disclosure Fee	350	350	350	No Change From 2023/2024 Budget	
Website Management	2,000	2,000	2,000	No Change From 2023/2024 Budget	
TOTAL ADMINISTRATIVE EXPENDITURES	$	69,388	$	77,814	$	80,871		
					
TOTAL EXPENDITURES	$	79,558	$	134,774	$	137,831		
					
REVENUES LESS EXPENDITURES	$	431,316	$	353,556	$	350,785		
					
Bond Payments	(335,824)	(330,865)	(330,865)	2025 P & I Payments Less Earned Interest	
					
BALANCE	$	95,492	$	22,691	$	19,920		
					
County Appraiser & Tax Collector Fee	(4,705)	(9,760)	(9,760)	Two Percent Of Total Assessment Roll	
Discounts For Early Payments	(17,698)	(19,521)	(19,520)	Four Percent Of Total Assessment Roll	
					
Excess/ (Shortfall)	$	73,089	$	(6,590)	$	(9,360)		
					
Carryover From Prior Year	0	6,590	9,360	Carryover From Prior Year	
					
Net Excess/ (Shortfall)	$	73,089	$	-	$	-		

DETAILED FINAL DEBT SERVICE FUND BUDGET
CENTURY PARC COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2024/2025
OCTOBER 1, 2024 - SEPTEMBER 30, 2025

REVENUES	

FISCAL YEAR

2022/2023

ACTUAL	

FISCAL YEAR

2023/2024

BUDGET	

FISCAL YEAR

2024/2025

BUDGET	

COMMENTS	

Interest Income	
18,740	
1,025	
1,273	
Projected Interest For 2024/2025	

NAV Tax Collection	
335,824	
330,865	
330,865	
2025 P & I Payments Less Earned Interest	

Total Revenues	
$	354,564	
$	331,890	
$	332,138		

EXPENDITURES					

Principal Payments	
215,000	
235,000	
245,000	
Principal Payment Due In 2025	

Interest Payments	
110,056	
96,890	
87,138	
Interest Payments Due In 2025	

Total Expenditures	
$	325,056	
$	331,890	
$	332,138		

Excess/ (Shortfall)	
$	29,508	
$	-	
$	-		

Series 2012 Refunding Bonds Information

Original Par Amount =	$4,305,000	Annual Principal Payments Due =	November 1st	
Interest Rate =	1.5% - 4.25%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =	April 2012			
Maturity Date =

Par Amount As Of 1/1/2024 =	November 2031

$2,185,000			

Century Parc Community Development District Assessment Comparison

Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	
2021/2022	2022/2023	2023/2024	2024/2025	
Assessment*	Assessment*	Assessment*	Projected Assessment*	

Administrative	$	102.06	$	99.71	$	98.31	$	98.29	
Maintenance	$	77.83	$	77.83	$	79.22	$	79.22	
Debt	 $	459.60	 $	461.93	 $	461.93	 $	461.93	
Total For 691 Units	$	639.49	$	639.47	$	639.46	$	639.44	

Administrative	
$	102.06	
$	99.71	
$	98.31	
$	98.29	
Maintenance	$	77.83	$	77.83	$	79.22	$	79.22	
Debt	 $	459.60	 $	461.93	 $	461.93	 $	461.93	
Total For 74 Townhomes	$	639.49	$	639.47	$	639.46	$	639.44	

* Assessments Include the Following :			
4% Discount for Early Payments 1% County Tax Collector Fee
1% County Property Appraiser Fee			
Community Information:			
Condominiums	691		
Townhomes	74		
Total Units	765		
Townhomes Information			
Total Units	74		
Prepayments	3		
Billed For Debt	71		

Century Parc Community Development District

Financial Report For April 2024

Century Parc Community Development District
Budget vs. Actual
October 2023 through April 2024

	Oct '23 - April 24		23/24 Budget		$ Over Budget		% of Budget	
Income								
363.101 ꞏ Maintenance Assessments	59,068.86		60,602.00		-1,533.14		97.47%	
369.399 ꞏ Carryover From Prior Year	0.00		6,590.00		-6,590.00		0.0%	
369.401 ꞏ Interest Income	18,995.52		540.00		18,455.52		3,517.69%	
363.820 ꞏ Debt Assessment-Paid to Trustee	-326,898.38		-330,865.00		3,966.62		98.8%	
363.831 ꞏ Assessment Discounts	-17,991.10		-19,521.00		1,529.90		92.16%	
363.830 ꞏ Assessment Fees	-4,575.62		-9,760.00		5,184.38		46.88%	
363.810 ꞏ Debt Assessments	343,182.41		351,984.00		-8,801.59		97.5%	
363.100 ꞏ Admin Assessment Income	73,809.51		75,204.00		-1,394.49		98.15%	
Total Income	145,591.20		134,774.00		10,817.20		108.03%	
Expense								
511.315 ꞏ Legal Fees	2,675.00		8,000.00		-5,325.00		33.44%	
511.320 ꞏ Audit Fees	0.00		3,800.00		-3,800.00		0.0%	
511.310 ꞏ Engineering	0.00		3,000.00		-3,000.00		0.0%	
511.122 ꞏ Payroll Expense	107.10		480.00		-372.90		22.31%	
511.131 ꞏ Supervisors Fees	1,400.00		6,000.00		-4,600.00		23.33%	
511.305 ꞏ MaintenanceContingency-Drainage	0.00		16,100.00		-16,100.00		0.0%	
511.306 ꞏ Maintenance/Contingency - Roads	0.00		37,860.00		-37,860.00		0.0%	
511.311 ꞏ Management Fees	20,174.00		34,584.00		-14,410.00		58.33%	
511.312 ꞏ Secretarial Fees	2,450.00		4,200.00		-1,750.00		58.33%	
511.450 ꞏ Insurance	6,594.00		6,500.00		94.00		101.45%	
511.480 ꞏ Legal Advertisements	101.58		525.00		-423.42		19.35%	
511.512 ꞏ Miscellaneous Expense	141.54		700.00		-558.46		20.22%	
511.513 ꞏ Postage and Delivery	146.33		300.00		-153.67		48.78%	
511.514 ꞏ Office Supplies	101.40		600.00		-498.60		16.9%	
511.318 ꞏ Assessment/Tax Roll	0.00		6,000.00		-6,000.00		0.0%	
511.540 ꞏ Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
511.733 ꞏ Trustee Fees	0.00		3,600.00		-3,600.00		0.0%	
511.734 ꞏ Continuing Disclosure Fee	0.00		350.00		-350.00		0.0%	
511.750 ꞏ Website Management	1,166.62		2,000.00		-833.38		58.33%	
Total Expense	35,232.57		134,774.00		-99,541.43		26.14%	
Net Income		110,358.63			0.00			110,358.63			100.0%	

CENTURY PARC COMMUNITY DEVELOPMENT DISTRICT FINANCIAL REPORT
APRIL 2024

REVENUES	Annual Budget
10/1/23 - 9/30/24	
Actual Apr-24	Year To Date Actual
10/1/23 - 4/30/24	
Administrative Assessments	75,204	1,751	73,810	
Maintenance Assessments	60,602	1,411	59,069	
Debt Assessments	351,984	8,196	343,182	
Other Revenues	0	0	0	
Interest Income	540	0	18,996	
				
Total Revenues	$	488,330	$	11,358	$	495,057	
				
EXPENDITURES				
MAINTENANCE EXPENDITURES				
Maintenance/Contingency - Drainage	16,100	0	0	
Maintenance/Contingency - Roads	37,860	0	0	
Engineering/Inspections	3,000	0	0	
TOTAL MAINTENANCE EXPENDITURES	$	56,960	$	-	$	-	
				
ADMINISTRATIVE EXPENDITURES				
Supervisor Fees	6,000	600	1,400	
Payroll Taxes (Employer)	480	46	107	
Management	34,584	2,882	20,174	
Secretarial	4,200	350	2,450	
Legal	8,000	0	2,675	
Assessment Roll	6,000	0	0	
Audit Fees	3,800	0	0	
Insurance	6,500	0	6,594	
Legal Advertisements	525	0	102	
Miscellaneous	700	52	142	
Postage	300	65	146	
Office Supplies	600	40	101	
Dues & Subscriptions	175	0	175	
Trustee Fees	3,600	0	0	
Continuing Disclosure Fee	350	0	0	
Website Management	2,000	166	1,167	
TOTAL ADMINISTRATIVE EXPENDITURES	$	77,814	$	4,201	$	35,233	
				
Total Expenditures	$	134,774	$	4,201	$	35,233	
				
REVENUES LESS EXPENDITURES	$	353,556	$	7,157	$	459,824	
				
Bond Payments	(330,865)	(8,114)	(326,898)	
				
Balance	$	22,691	$	(957)	$	132,926	
				
County Appraiser & Tax Collector Fee	(9,760)	(114)	(4,576)	
Discounts For Early Payments	(19,521)	0	(17,991)	
				
Excess/ (Shortfall)	$	(6,590)	$	(1,071)	$	110,359	
				
Carryover from Prior Year	6,590	0	0	
				
Net Excess/ (Shortfall)	$	-	$	(1,071)	$	110,359	

Bank Balance As Of 4/30/24	$	766,938.94	
Accounts Payable As Of 4/30/24	$	16,539.58	
Accounts Receivable As Of 4/30/24	$	-	
Reserve Funds - Drainage As Of 4/30/24	$	102,840.00	
Reserve Funds - Roads As Of 4/30/24	$	409,040.00	
Available Funds As Of 4/30/24	$	238,519.36	

CENTURY PARC CDD TAX COLLECTIONS 2023-2024

#	

ID#	

PAYMENT FROM	

DATE	

FOR	

Tax Collect Receipts	

Interest Received	

Fees	

Discount	

Net From Tax Collector	
Admin.
Assessment Income (Before Discounts & Fee)	
Maint.
Assessment Income (Before Discounts & Fee)	
Debt Assessment Income (Before Discounts & Fee)	
Admin.
Assessment Income (After Discounts & Fee)	
Maint.
Assessment Income (After Discounts & Fee)	
Debt Assessment Income (After Discounts & Fee)	

Debt Assessments Paid to Trustee	
									$487,790.00	$75,204.00	$60,602.00	$  351,984.00	$75,204.00	$60,602.00	$351,984.00		
									$457,523.00	$70,692.00	$55,966.00	$  330,865.00	$70,692.00	$55,966.00	$330,865.00	$330,865.00	
1	1	Miami-Dade Tax Collector	11/20/23	NAV Taxes	$	68,834.85		$	(660.44)	$	(2,790.10)	$	65,384.31	$  10,612.27	$	8,552.04	$	49,670.54	$  10,080.30	$	8,123.35	$	47,180.66	$	47,180.66	
2	2	Miami-Dade Tax Collector	11/24/23	NAV Taxes	$	58,190.86		$	(558.64)	$	(2,327.78)	$	55,304.44	$	8,946.21	$	7,209.02	$	42,035.63	$	8,501.45	$	6,850.62	$	39,952.37	$	39,952.37	
3	3	Miami-Dade Tax Collector	12/08/23	NAV Taxes	$  290,030.44		$  (2,784.28)	$  (11,601.94)	$	275,644.22	$  44,731.05	$	36,045.10	$  209,254.29	$  42,512.96	$  34,257.63	$  198,873.63	$  198,873.63	
4	4	Miami-Dade Tax Collector	12/27/23	NAV Taxes	$	14,068.12		$	(135.62)	$	(505.20)	$	13,427.30	$	2,162.82	$	1,742.84	$	10,162.46	$	2,064.03	$	1,663.22	$	9,700.05	$	9,700.05	
5	5	Miami-Dade Tax Collector	01/09/24	NAV Taxes	$	15,384.67		$	(149.24)	$	(461.54)	$	14,773.89	$	2,371.86	$	1,911.39	$	11,101.42	$	2,277.69	$	1,835.51	$	10,660.69	$	10,660.69	
6	6	Miami-Dade Tax Collector	02/08/24	NAV Taxes	$	11,291.77		$	(110.51)	$	(240.65)	$	10,940.61	$	1,740.82	$	1,402.90	$	8,148.05	$	1,686.61	$	1,359.30	$	7,894.70	$	7,894.70	
7	Int - 1	Miami-Dade Tax Collector	02/27/24	Interest		$  474.24			$	474.24	$	474.24			$	474.24			$	-	
8	7	Miami-Dade Tax Collector	03/08/24	NAV Taxes	$	6,394.60		$	(63.31)	$	(63.92)	$	6,267.37	$	985.85	$	794.47	$	4,614.28	$	966.23	$	778.66	$	4,522.48	$	4,522.48	
9	Int - 2	Miami-Dade Tax Collector	03/20/24	Interest		$	33.34			$	33.34	$	33.34			$	33.34			$	-	
10	8	Miami-Dade Tax Collector	04/24/24	NAV Taxes	$	11,357.89		$	(113.58)	$	0.03	$	11,244.34	$	1,751.05	$	1,411.10	$	8,195.74	$	1,733.55	$	1,396.99	$	8,113.80	$	8,113.80	
11	9	Miami-Dade Tax Collector	05/08/24	NAV Taxes/Interest	$	3,836.76	$  198.60	$	(39.52)		$	3,995.84	$	788.46	$	475.32	$	2,771.58	$	781.40	$	470.57	$	2,743.87	$	2,743.87	
12									$	-							$	-	
13									$	-							$	-	
14									$	-							$	-	
15									$	-							$	-	
16									$	-							$	-	
					$ 479,389.96	$  706.18	$ (4,615.14)	$ (17,991.10)	$  457,489.90	$ 74,597.97	$  59,544.18	$ 345,953.99	$ 71,111.80	$ 56,735.85	$ 329,642.25	$ 329,642.25	

Assessment Roll = $487,801.11	Note: $487,790, $75,204, $60,602, and $351,984 are 2023/2024 Budgeted assessments before discounts and fees.
$457,523, $70,692, $55,966 and $330,865 are 2023/2024 Budgeted assessments after discounts and fees.

$	479,389.96		
$	706.18	$  457,489.90	
$	(74,597.97)	$  (71,111.80)	
$	(59,544.18)	$  (56,735.85)	
$	-	$	-	
$  (345,953.99)	$  (329,642.25)	
$	-	$	-	

Ethics Training

Beginning in 2024, District Supervisors are required to complete four (4) hours of ethics training annually. Below are links to two training sessions that will, upon completion, satisfy the training requirement. Beginning with the 2024 Form 1, District Supervisors will be required to confirm that they have completed the training each year.

State Ethics Laws for Constitutional Officers & Elected Municipal Officers
https://www.youtube.com/watch?v=U8JktIMKzyI
Public Meetings and Public Records Law
https://www.myfloridalegal.com/sites/default/files/Full%2520audio%25 202018%5B2%5D.mp3

Both links can be found on SDS’ website, at www.sdsinc.org/links.

The Florida Association of Special Districts (FASD) also offers a training option through Florida State University’s Florida Institute of Government. If your special district is a member of FASD, the cost for this special district-specific ethics training is $49.00 for each district official.

If your special district is NOT a member of FASD, the cost for this special district-specific ethics training is $79.00 for each district official.
Information on the FASD course can be found at https://www.fasd.com/ethics-for- special-districts.

The Oaks Center · 2501A Burns Road · Palm Beach Gardens, FL 33410-5204	o: 561.630.4922 · f: 561.630.4923 · www.sdsinc.org Additional Offices: Miami · Bonita Springs · Tradition · West Villages · Ave Maria