FL Certificate of Authorization No. 7538 8935 NW 35 Lane, Suite 101
Doral, FL 33172
Tel. (305) 640-1345
E-Mail: Alvarez@AlvarezEng.com

June 26, 2025

Ms. Gloria Perez District Manager
Century Parc Community Development District Special District Services, Inc.
The Oaks Center 2501A Burns Road
Palm Beach Gardens, FL 33410

Re: Year 2025 Century Parc CDD Report

Dear Ms. Perez:

The intent of this report is fourfold: 1) To inform as to the status of ownership of the infrastructure that was financed or constructed by the Century Parc Community Development District (the “District” or “CDD”); 2) To describe the state, working order and condition of the infrastructure still owned by the District; 3) To give recommendations as to the funds estimated necessary for the proper maintenance, repair and operation of the District’s infrastructure and; 4) To give recommendations as to the insurance to be carried by the District and the amount to be budgeted for premiums.

The District is located in Section 4, Township 54S, Range 40E, in Miami-Dade County. It is bounded by State and County roads as follows: on the North by West Flagler Street, South by SW 4 Street, on the east by SW 87 Avenue (S.R. 973), and on the west by a Florida Power & Light property. See Exhibit 1 for the location of the District.

1.

Infrastructure Ownership
1.1. Roads.
All the roads within the District were granted to the CDD via Special Warranty Deed recorded at ORB 23932, PG 1994. Refer to Exhibit 2 for a graphical representation of the land granted (the “CDD Roads”).

1.2. Stormwater Management System.
The CDD owns the stormwater drainage system located within the CDD Roads, and consists of inlets, manholes, storm pipes and exfiltration trenches that drain the roads and the adjacent lands.

1.3. Water and Sewer Systems.
The water and sewer systems were conveyed to Miami-Dade County Water and Sewer Department (“WASD”) for ownership and maintenance on March 20, 2003 and May 6, 2003 under Agreement ID Numbers 17121 and 17122, respectively.

Page 1

Century Parc CDD
2025 Report

2.

State, Working Order and Condition of the Infrastructure Currently Owned by the District
Alvarez Engineers, Inc. conducted a field inspection to determine the current state, working order and condition of the infrastructure owned by the District and reports the following regarding the CDD Roads and drainage system:

2.1. Roads
In general, CDD roads were found in acceptable working order and condition, with some damage associated with deficient grading conditions that prevent water from entering the inlets causing damage to the pavement.

2.2. Stormwater Management System
The drainage system is in good condition. Alvarez Engineers is not aware of flooding complaints.

3.

Estimated Maintenance Costs for District-Owned Infrastructure
The District currently has an agreement with the Enclave Homeowners Association for the maintenance of the District infrastructure within the Century Villas area. The District also has agreements with the condominium associations for the maintenance of the District infrastructure within the Century Park site. Under the agreements, the District reimburses the associations for road and drainage maintenance. The work is managed by the associations.

3.1. General
We think that for Fiscal Year 2025-2026, the District proposed amounts for field operations are adequate to properly maintain, repair and operate the public infrastructure for which the District is currently responsible. (Refer to https://centuryparccdd.org/financials/ for the FY 2025-2026 Proposed Budget).

Alvarez Engineers recommends considering the following suggestions for maintenance budgets:

3.2. Roads
The FY 2025-2026 budget takes into consideration the recommendation of creating a sinking fund to finance the future capital expense of milling and resurfacing the pavement and pavement markings of the District roads at the end of their service life, which is estimated to be in 9 years for the pavement and 7 for the pavement markings.

The table below provides an estimate of the future replacement costs and the estimated minimum annual contributions over the remaining service life to fund the future expenses, taking into consideration that as of this year, the District has accumulated about $446,900 in reserves for such purpose, as reported by the District Manager in the financial statements of the District.

Alvarez Engineers, Inc.
FL Certificate of Authorization No. 7538 8935 NW 35 Lane, Suite 101 Doral, FL 33172
Telephone (305) 640-1345 E-Mail: Alvarez@AlvarezEng.com

Page 2

Century Parc CDD
2025 Report

3.3. Stormwater Management System
The FY 2025-2026 budget takes into consideration the suggested creation of a 5-year cyclical program for servicing the inlets, manholes, pipes, and French drains of the drainage system. The program consists of servicing 20% of the system every year so that at the end of the fifth year, 100% of the system will have been serviced. The table below shows the estimated amount that would need to be budgeted yearly to service the 144 drainage structures and 7,343 Linear Feet of pipes in the District. The program may be financed yearly or in one lump sum when needed, at the discretion of the Board of Supervisors.

(1) Includes the cost of vacuuming the sump of the drainage structure and the cost of removing and reinstalling the
baffle if the baffle is in good condition.
(2) Includes the cost of pressure spraying and videoing the pipes and of dewatering with plugs at the end of the pipes when the pipes are submerged.

Alvarez Engineers, Inc.
FL Certificate of Authorization No. 7538 8935 NW 35 Lane, Suite 101 Doral, FL 33172
Telephone (305) 640-1345 E-Mail: Alvarez@AlvarezEng.com

Page 3

5-YEAR CYCLE ESTIMATE OF YEARLY COSTS FOR SERVICING THE STORMWATER DRAINAGE

Total No. Structures in CDD

Total LF Pipes

No. Structures with Pipes Serviced per Year

Avg. Cost/EA Structure. Assume 2.5%
Annual Inflation Rate (1)

Avg. Cost/LF Pipe. Assume 2.5%
Inflation Rate (2)

Total Budget Amount Per Year

Year 1
(2025)

Year 2
(2026)

Year 3
(2027)

Year 4
(2028)

Year 5
(2029)

144

7343

29

$230.00

$6.75

$16,600

29

$236.00

$6.92

$17,100

29

$242.00

$7.09

$17,500

29

$248.00

$7.27

$17,900

28

$254.00

$7.45

$18,100

ESTIMATE OF COSTS FOR RESURFACING ROADS IN "n" YEARS

Analysis and Annuity Recommendation

Pavement Service Life (30 Years Estimated)

Present Year

Remaining Service Life (Yrs)

Present Year Cost (PC) of Pavement Replacement (Mill and Resurface 3/4" Thick)

Future Replacement Cost @ End of Service Life* For 2.5% Inflation Rate (r)

Annual Interest Rate

Annuity to Finance (FC) in (n) Years given (i)

From

To

(n)

Quantity (SY)

Unit Cost ($/SY)

(PC) -
$446.9K in Reserve

FC= (PC)(1+r/100)^n

(i)

FCi/((1+i)^n-1)

PAVEMENTS

2004

2034

2025

9

54,820

$10.00

$101,300

$126,510

0.25%

$13,917

PAVEMENT MARKINGS AND SIGNING

2022

2032

2025

7

54,820

$2.50

$137,050

$162,909

0.25%

$23,099

Century Parc CDD
2025 Report

(1) The estimate assumes that 25% of the 144 baffles in the District will need replacement in the next five years.

3.4. Water and Sewer Systems
The water and sewer systems are maintained, operated and funded by WASD, which may be contacted at 305-274-9272 (for emergencies) or at 305-665-7477 (for customer service).

4.  Insurance
The Engineer has reviewed the District’s general liability, hired non-owned auto, employment practices liability and public official’s liability coverage provided by Florida Insurance Alliance under Agreement No. 100124027 for the period between October 1, 2024 and October 1, 2025. The District has budgeted enough funds to cover the $6,858 insurance premium.

This report was prepared to the best of my knowledge and belief and is based on field inspections conducted by Alvarez Engineers personnel, previous District Engineer reports and public documents available.

If you have any questions, Alvarez@Alvarezeng.com,

please

do

not

hesitate

to

contact us at 305-640-1345 or at

Sincerely,
Alvarez Engineers, Inc.

This item has been digitally signed and sealed b
Juan R. Alvarez, PE on June 26, 2025

Juan R Alvarez

Digitally signed by Juan R Alvarez Date: 2025.06.26
08:13:10 -04'00'

Printed copies of this document are not
considered signed and sealed and the signature must be verified on any electronic copies.

Juan R. Alvarez, PE District Engineer Date: June 26, 2025

Cc Michael Pawelczyk, District Counsel mjp@bclmr.com

Alvarez Engineers, Inc.
FL Certificate of Authorization No. 7538 8935 NW 35 Lane, Suite 101 Doral, FL 33172
Telephone (305) 640-1345 E-Mail: Alvarez@AlvarezEng.com

Page 4

5-YEAR CYCLE ESTIMATE OF YEARLY COSTS FOR BAFFLE REPLACEMENTS

Estimated Number of Baffles to be Replaced (1)

No. of Baffles Replaced per Year

Estimated Cost Per Baffle For 2.5% Inflation Rate

Total Budget Amount Per Year

Year 1
(FY 25-26)

Year 2
(FY 26-27)

Year 3
(FY 27-28)

Year 4
(FY 28-29)

Year 5
(FY 29-30)

36

8

$600

$4,800

7

$615

$4,400

7

$630

$4,500

7

$646

$4,600

7

$662

$4,700

Page 5

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OWNER: CENTURY PARC CDD (WD ORB 23932, PG 1994) CATEGORY: ROADS, DRAINAGE

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ORB: OFFICIAL RECORD BOOK PB: PLAT BOOK
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ALVAREZ ENGINEERS, INC.
CENTURY PARC CDD
CDD LAND OWNERSHIP AND EASEMENTS

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Page 6