CENTURY GARDENS VILLAGE COMMUNITY DEVELOPMENT DISTRICT

MIAMI-DADE COUNTY REGULAR BOARD MEETING OCTOBER 6, 2022
6:30 P.M.

Special District Services, Inc. 8785 SW 165th Avenue, Suite 200
Miami, FL 33193

www.centurygardensvillagecdd.org 786.303.3661 Telephone 877.SDS.4922 Toll Free 561.630.4923 Facsimile

AGENDA
CENTURY GARDENS VILLAGE COMMUNITY DEVELOPMENT DISTRICT
Kendall Executive Center 8785 SW 165th Avenue, Suite 200
Miami, Florida 33193
REGULAR BOARD MEETING
October 6, 2022
6:30 p.m.

Call to Order
Proof of Publication…	Page 1
Establish Quorum
Additions or Deletions to Agenda
Comments from the Public for Items Not on the Agenda
Approval of Minutes
July 7, 2022 Special Board Meeting & Public Hearing…	Page 2
Old Business
Update Regarding Tree Removal (Roots Causing Damage)
Update Regarding Raised Sidewalk Repairs
Update Regarding Irrigation System Repairs
New Business
Consider Resolution No. 2022-05 – Adopting a Fiscal Year 2021/2022 Amended Budget…	Page 6
Administrative & Operational Matters
Board Member & Staff Closing Comments
Adjourn

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Page 1

CENTURY GARDENS VILLAGE COMMUNITY DEVELOPMENT DISTRICT SPECIAL BOARD MEETING & PUBLIC HEARING
JULY 7, 2022

CALL TO ORDER

District Manager Armando Silva called the July 7, 2022, Special Board Meeting of the Century Gardens Village Community Development District (the “District”) to order at 6:53 p.m. in the Kendall Executive Center Meeting Room located at 8785 SW 165th Street, Miami, Florida 33193.

PROOF OF PUBLICATION

Mr. Silva presented proof of publication that notice of the Special Board Meeting had been published in the Miami Daily Business Review on June 17, 2022 and June 24, 2022, as legally required.

ESTABLISH A QUORUM

Mr. Silva determined that the attendance of Chairperson Paola Mastrodomenico, Vice Chairperson Licette Conde-Matos and Supervisors Gladelmis Rodriguez and Yenfa Arias constituted a quorum and it was in order to proceed with the meeting.

Staff in attendance were: District Manager Armando Silva of Special District Services, Inc.; and General Counsel Ginger Wald 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
March 3, 2022, Regular Board Meeting

Mr. Silva presented the minutes of the March 3, 2022, Regular Board Meeting and asked if there were any changes. There being no changes, a motion was made by Ms. Arias, seconded by Ms. Mastrodomenico and unanimously passed approving the minutes of the March 3, 2022, Regular Board Meeting, as presented.

OLD BUSINESS

Update Regarding Tree Removal (Roots Causing Damage)

Mr. Silva advised that the Field Operations Team has been in contact with a couple of landscapers who informed them that the only way to address the root intrusion concerns would be to completely remove the trees, which would cause damage. Unfortunately, the roots cannot be pruned because the swale areas where the trees are planted are too small and will cause the trees to topple over after a storm event. Mr. Silva indicated he would provide more information at an upcoming meeting.

Page 2

Discussion Regarding Irrigation System

Mr. Silva advised that the irrigation system repairs for Clock A had been completed. The irrigation maintenance contractors have now commenced working on Clock B and expect the repairs to be completed within the next few months.

NEW BUSINESS

Consider Resolution No. 2022-02 – Amending Resolution No. 2022-02 – Approving a Proposed Budget and Setting (Re-Setting) a Public Hearing Date

Mr. Silva presented Resolution No. 2022-02, entitled:

RESOLUTION NO. 2022-02

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CENTURY GARDENS VILLAGE COMMUNITY DEVELOPMENT DISTRICT REGARDING THE PROPOSED BUDGET FOR FISCAL YEAR 2020/2021; PROVIDING FOR AMENDING RESOLUTION NO. 2022-01 WHICH APPROVED THE PROPOSED BUDGET AND NON-AD VALOREM SPECIAL ASSESSMENTS; AND AUTHORIZED THE SETTING OF THE PUBLIC HEARING DATE FOR PUBLIC COMMENT AND FINAL BUDGET ADOPTION; AND PROVIDING AN EFFECTIVE DATE.

Mr. Silva provided an explanation for the document. A discussion ensued after which:

A motion was made by Ms. Rodriguez, seconded by Ms. Arias and unanimously passed approving and adopting Resolution No. 2022-02, as presented.

Consider Resolution No. 2022-03 – Adopting a Fiscal Year 2022/2023 Meeting Schedule

Mr. Silva presented Resolution No. 2022-03, entitled:

RESOLUTION NO. 2022-03

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CENTURY GARDENS VILLAGE COMMUNITY DEVELOPMENT DISTRICT, ESTABLISHING A REGULAR MEETING SCHEDULE FOR FISCAL YEAR 2022/2023 AND SETTING THE TIME AND LOCATION OF SAID DISTRICT MEETINGS; AND PROVIDING AN EFFECTIVE DATE.

Mr. Silva provided an explanation for the document. A discussion ensued after which;

A motion was made by Ms. Rodriguez, seconded by Ms. Arias and unanimously passed approving and adopting Resolution No. 2022-03, as presented; thereby setting the 2022/2023 regular meeting schedule and authorizes the publication of the annual meeting schedule, as required by law.

Note: At approximately 7:22 p.m., Mr. Silva recessed the Regular Board Meeting and simultaneously opened the Public Hearing regarding the Fiscal Year 2022/2023 Final Budget and Assessments.

Page 3

PUBLIC HEARING
Proof of Publication

Proof of publication was presented that notice of the Public Hearing had been published in the Miami Daily Business Review on June 17, 2022, and June 24, 2022, as legally required.

Receive Public Comment on Fiscal Year 2022/2023 Final Budget

Mr. Silva opened the public comment portion of the public hearing to receive comments on the 2022/2023 fiscal year final budget and non-ad valorem special assessments. There being no comments from the public on the 2022/2023 fiscal year budget and assessments, Mr. Silva closed the public comment portion of the Public Hearing.

Consider Resolution 2022-04 – Adopting a Fiscal Year 2021/2022 Final Budget

Resolution No. 2022-04 was presented, entitled:

RESOLUTION NO. 2022-04

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CENTURY GARDENS VILLAGE COMMUNITY DEVELOPMENT DISTRICT APPROVING AND ADOPTING A FISCAL YEAR 2022/2023 FINAL BUDGET INCLUDING NON-AD VALOREM SPECIAL ASSESSMENTS; AND PROVIDING AN EFFECTIVE DATE.

Mr. Silva read the title of the resolution into the record and indicated that it provides for approving and adopting the fiscal year 2022/2023 final budget and the non-ad valorem special assessment tax roll. For public review purposes, a copy of the tax roll was provided at the meeting. Mr. Silva also advised that the Miami-Dade County Property Appraiser would be mailing the official TRIM Notices in August 2022. A discussion ensued after which;

A motion was made by Ms. Arias, seconded by Ms. Rodriguez and unanimously passed approving and adopting Resolution No. 2022-04, as presented; thereby setting the fiscal year 2022/2023 final budget and non-ad valorem special assessment tax roll.

Note: At approximately 7:25p.m., Mr. Silva closed the Public Hearing and simultaneously reconvened the Regular Meeting.

ADMINISTRATIVE & OPERATIONAL MATTERS

There were no Administrative and Operational matters at this time.

BOARD MEMBER & STAFF CLOSING COMMENTS

There were no Board Member and Staff closing comments. .

ADJOURNMENT

Page 4

There being no further business to come before the Board, a motion was made by Ms. Arias, seconded by Ms. Rodriguez and unanimously passed to adjourn the Regular Board Meeting at 7:36 p.m.

Secretary/Assistant Secretary	Chairperson/Vice Chairperson

Page 5

RESOLUTION NO. 2022-05

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CENTURY GARDENS VILLAGE COMMUNITY DEVELOPMENT DISTRICT AUTHORIZING AND ADOPTING AN AMENDED FINAL FISCAL YEAR 2021/2022 BUDGET (“AMENDED BUDGET”), PURSUANT TO CHAPTER 189, FLORIDA STATUTES; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Board of Supervisors of the Century Gardens Village Community Development District (the “District”) is empowered to provide a funding source and to impose special assessments upon the properties within the District; and,

WHEREAS, the District has prepared for consideration and approval an Amended Budget.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CENTURY GARDENS VILLAGE COMMUNITY DEVELOPMENT DISTRICT, THAT:

Section 1.  The Amended Budget for Fiscal Year 2021/2022 attached hereto as Exhibit “A” is hereby approved and adopted by the Board.

Section 2.  The Secretary/Assistant 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 4th day of October, 2022.

ATTEST:		CENTURY GARDENS VILLAGE COMMUNITY DEVELOPMENT DISTRICT

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

Page 6

Century Gardens Village Community Development District

Amended Final Budget For Fiscal Year 2021/2022
October 1, 2021 - September 30, 2022

CONTENTS

AMENDED FINAL OPERATING FUND BUDGET

AMENDED FINAL DEBT SERVICE FUND BUDGET

AMENDED FINAL BUDGET
CENTURY GARDENS VILLAGE COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
FISCAL YEAR 2021/2022 OCTOBER 1, 2021 - SEPTEMBER 30, 2022

REVENUES	FISCAL YEAR 2021/2022 BUDGET
10/1/21 - 9/30/22	AMENDED FINAL BUDGET
10/1/21 - 9/30/22	YEAR TO DATE ACTUAL
10/1/21 - /31/22	
Administrative Assessments	75,263	75, 77	75, 77	
Maintenance Assessments	66,106	66,107	66,107	
DeEt Assessments	212,04 	212,0 9	212,049	
Other Revenue	0	0	0	
 nterest ncome	300	22	21	
TOTAL REVENUES	 	353,717	 	35 ,055	 	35 ,05 	
				
EXPENDITURES				
Administrative Expenditures				
Supervisor Fees	3,000	900	900	
Payroll 7a[es (mployer	230	69	69	
Management	32, 92	32, 92	30,151	
/egal	 ,500	9,000	7,0 4	
Assessment Roll	7,500	7,500	0	
Audit Fees	3,200	3,200	3,200	
 nsurance	6,000	5,706	5,706	
/egal Advertisements	 50	900	614	
Miscellaneous	1, 00	1,200	593	
Postage	375	1 0	171	
Office Supplies	425	375	330	
Dues SuEscriptions	175	175	175	
7rustee Fee	3,500	350	3,500	
Continuing Disclosure Fee	600	600	0	
:eEsite Management	2,000	2,000	1, 33	
TOTAL ADMINISTRATIVE EXPENDITURES	 	71,0 7	 	65,0 7	 	5 ,326	
				
Maintenance Expenditures				
(ngineering/ nspections	1,500	3,000	1, 75	
Street/Road Maintenance	17,200	7,500	0	
Field Operations Management	1, 00	1, 00	1,650	
Street/Roadway Restoration Project	32,765	15,000	0	
Capital mprovements	3,625	3,625	0	
Maintenance Contingency	5,250	17,500	13,243	
TOTAL MAINTENANCE EXPENDITURES	 	62,1 0	 	 , 25	 	16,76 	
				
TOTAL EXPENDITURES	 	133,1 7	 	113, 72	 	71,09 	
				
REVENUES LESS EXPENDITURES	 	220,530	 	2 0,5 3	 	2 2,960	
				
%ond Payments	 199,325 	 202,229 	 202,229 	
				
BALANCE	 	21,205	 	3 ,35 	 	 0,731	
				
County Appraiser 7a[ Collector Fee	 7,06 	 3, 11 	 3,411 	
Discounts For (arly Payments	 14,137 	 12,950 	 12,950 	
				
EXCESS/ S+ORTFALL 	 	 	 	21,993	 	6 ,370	
				
Carryover From Prior Year		0	0	
				
NET EXCESS/ S+ORTFALL 	 	 	 	21,993	 	6 ,370	

F81D %A/A1C( AS OF 9/30/21	
FY 2021/2022 AC7 9 7Y	
F81D %A/A1C( AS OF 9/30/22	

 147,165	
 21,993	
 169,15 	

9/25/2022 12 05 PM	 

AMENDED FINAL BUDGET
CENTURY GARDENS VILLAGE COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND
FISCAL YEAR 2021/2022 OCTOBER 1, 2021 - SEPTEMBER 30, 2022

REVENUES	FISCAL YEAR 2021/2022 BUDGET
10/1/21 - 9/30/22	AMENDED FINAL BUDGET
10/1/21 - 9/30/22	YEAR TO DATE ACTUAL
10/1/21 - 8/31/22	
 nterest ncome	25	240	216	
NAV Tax Collection	199,325	202,228	202,228	
				
Total Revenues	$	199,350	$	202,468	$	202,444	
				
EXPENDITURES				
Principal Payments	110,000	110,000	110,000	
 nterest Payments	83,395	85,045	85,045	
Bond Redemption	5,955	0	0	
				
Total Expenditures	$	199,350	$	195,045	$	195,045	
				
Excess/ (Shortfall)	$	-	$	7,423	$	7,399	

FUND BALANCE AS OF 9/30/21	
FY 2021/2022 ACT V TY	
FUND BALANCE AS OF 9/30/22	

$76,138	
$7,423	
$83,561	

Notes
Reserve Fund Balance = $5,012*. Revenue Fund Balance = $78,549*.
Revenue Fund Balance To Be Used To Make 11/1/2022 nterest Payment Of $40,873.
* Approximate Amounts

Series 2020 Bond Refunding Information		
Original Par Amount =	$2,469,000	Annual Principal Payments Due 	
 nterest Rate =	3.00% - 4.00%	May 1st	
 ssue Date =	December 2020	Annual nterest Payments Due 	
Maturity Date =	May 2037	May 1st & November 1st	
Par Amount As Of 8/31/22 =	$2,239,000		

9/25/2022 12 05 PM