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CARIBE PALM COMMUNITY

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DEVELOPMENT DISTRICT

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2015 CONSULTING ENGINEER'S REPORT

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June 151

2015

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Ford Engineers, Inc.
Civil & Environmental Engineers 1950 NW 94th Ave, 2nd Floor

Doral, FL 33172
Tel: (305) 477-6472
Fax: (305) 470-2805

                                    FORD ENGINEERS,	INC.
June 15th, 2015

Caribe Palm Community Development District
c/o District Manager: Special District Services, Inc. Attention: Neil Kalin, District Manager
6625 Miami Lakes Drive, Suite 312 Miami Lakes, Florida 33014

RE:	Caribe Palm COD - Annual Engineer's Report Dear Mr. Kalin:
Ford Engineers, Inc (FEINC) was asked to prepare a Consulting Engineer's Report per Section 9.21 of the Master Trust Indenture for the Caribe Palm COD. The scope of work for this report included the following:

Inspect and report findings as to whether portions of the project currently owned by the District have been maintained in good repair, working order and condition.
Recommendations as to funds (estimated) necessary for proper maintenance, repair and operation of the District infrastructure as/if required.

,

Ford Engineers visited the site on June 9th 2015 and observed and photographed the infrastructure improvements that are currently owned by the District. Below are our findings:

Improvements that are currently owned by the District consist of two park tracts (Tracts Q & R) and two entrance feature tracts (Tracts A & N). The landscaped areas and parks are in good condition and appear to be well-maintained. All areas seem to have been recently mown, hedges and shrubs trimmed, and there are no undesirable weeds or overgrown areas. Entrance features appear clean, well-painted, and in good condition.

Maintenance of park and entrance landscaping should be done on a monthly basis, but can fluctuate due to seasonal rain conditions. We recommend that approximately $5,200 be allocated annually for the maintenance, repair, and operation of the above infrastructure, as required (see Exhibit C). The estimated cost is based on unit prices currently being experienced for on-going and similar items of work in Miami-Dade County and quantities as represented on the approved construction plans. The labor market, future costs of equipment and

1950 NW 94" Avenue • 2"' Floor • Doral, FL 33172-2330 • Phone: 305-477-6472 • Fax: 305-470-2805
http://www.fordco.com

materials, and the actual construction process are all beyond control. Due to this inherent opportunity for fluctuation in cost, the total final cost may be more or less than this estimate.
If you have any questions or require any additional information, please advise. Sincerely,
FORD ENGINEERS, INC.
By:

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I	Exhibit ''A''
I	COD-Owned Property
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I	 OFFICE OF THE PROPERTY APPRAISER
Summary Report

Property Information		
Folio:	30-6018-027-2970		
Property Address:			
owner	CARBEPALM COMMUNITY DEV DIST		
Mailing Address	2501 BURNS RD STEA
PALM BEACH GARDENS , FL 33410		
Primary Zone	3700 MULTI-FAMILY -10-21 U/A		
Primary Land Use	9751 PVT PARK -REC AREA - ROADWAY:OOMMONAREA		
Beds/ Baths/ Half	0/0/0		
Floors	0		
Living Units	0		
Actual Area	0 Sq.Ft		
Living Area	0 Sq.Ft		
Adjusted Area	0Sq.R		
Lots·IZO	0Sq Fl		
Year Built	0		Taxable Value Information	

.			2015		2014	2013	
Assessment Information		County.	
Year	2015	2014	2013 · Exeirption Value	$0	.	$0	$0	
Land Value	$0	$0	$	0	TaxableValue	$0		$0	$0	
Building Value	$0	$0	$	0	School Board	
XFValue	$0	$0	$0		Exerrption Value	$0		$0	$0	
Market Value	$0	$0	$0	'	Taxable Value	$0	$0	$0	
Assessed Value	$0	$0	$0		City	
		Exerrptjon Value	$0	I	$0	$0	
Benefits Information						
		Taxable Value	$0,	$0	$0	
Benefit	IType	I	20151	20141	2013		Regional	
Note: Not all benefits are applicable to all Taxable Values.(l.e. County, School		E;x:errption Value	$0	$0	$0	
Board, Oty, RegionaQ.						
		Taxable Value	$0	$0	$0	

I	Generated On: 6/1212015
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Sales Information	
A"evious
Sale	
Price	OR Book-
Page	Quarrfication Description	
03/01/2007	$0 25456-4690	Qual by exam of deed	
04/01/2004	$9,000,000	22260-2683	Qual by verifiable & documented evidence	

Short Legal Description

SILVER PALM HOMcS PB 163-11 T-21771
lRS A & NCOMMON OPEN SPACE

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LOT SIZE 2706 SQ FT IWL

FAU30 6018 000 0490 0590 &0690

The Office of the Property Appraiser is continually editing and updating the tax roll. This website may not reflect the most cunent infonnation on record. The Property Appraiser and Miami-Dade County assumes no llablllty, see full dlsclaimer and User Agreement at http;f/WWW.mlamldade.gov/lnfo/dlsclafmer.asp
Version:
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Summary Report

Generated On: 6112/2015

Property Information	
Folio:	30-6018-027-2970	
Property Address:		
Owner	CARBEPALM COMMUNITY DBI DIST	

Mailing Address	2501 BURNS RD STEA
PALM BEACH GARDENS, FL 33410	
Primary Zone	3700 MULTI-FAMJLY • 10-21 U/A	

Primary Land Use	9751 PIIT PARK-REC AREA - ROArNVA Y: COMMON AREA	
Beds I Baths I HaH	01010	
Floors	0	
Living Units	0	
Actual Area	0 Sq.Ft	
Living Area	0 Sq.Ft	
Adjusted Area	0 Sq.Ft	
Lot Size	OSq.Ft	
Year Built	0	

 

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Assessment Information	
Year	2015	2014	2013	
Land Value	$0	$0	$0	
Building Value	$0	$0	$0	
XFValue	$0	$0	$0	
Market Value	$0	$0	$0	
Assessed Value	$0	$0	$0	

.
Benefits Information	
Benefit	IType	I	20151	20141	2013	
Note: Not all benefits are applicable to all Taxable Values (I.e. County, School Board, City, RegionaQ.	

Short Legal Description	
SILVER PALM HOMES	
PB 163-11 T-21771	
TRS A & N COMMON OPEN SPACE	
LOT SIZE2706 SQ FTM'L	
FAU 30 6018 000 0490 0590 & 0690	

Sales Information	
A'evious Sale	A"ice	OR Book- Page	
,Qualification Description	
03/0112007	$0 25456-4690	QuaI by exam of deed	
04/01/2004	$9,000,000	22260-2683	Qual by verifiable & documented evidence	

Taxable Value Information	
	2015	2014	2013	
County	
Exerrption Value	$0	$0	$0	
Taxable Value	$0	$0	$0	
School Board	
Exerrption Value	$0	$0	$0	
Taxable Value	$0	$0	$0	
City	
Exerrption Value	$0	$0	$0	
Taxable_ Value	$0	$0	$0	
Regional	
Exerrption Value	$0	$0	$0	
Taxable Value	$0	$0	$0	

The Office of the Property Appraiser is continually.editing and updating the tax roll. Thiswebsite may not reflect the most current information on record. The Property Appraiser and Miami-Dade County assumes no liability, see full dlsclafmer and User Agreement at http://WWW.miamldade.gov/lnfo/dlscla!mer.asp

' Version:

Summary Report

Property Information	
Folio:	30-6018-027-2980	
Property Address:	23164 SW 112 CT	
owner	CARBEPALMCCMMUNITY DEV DIST C/O SPECL'\L DISTRICT SERV IIIC	

Mailing Address	2501 BURNS RD STEA
PALM Bc/\CH GARDENS, FL 33410	
Primary Zone	3700 MUL11-FAMI.Y - 10-21 UIA	
Primary Land Use	9751 PVT PARK-REC AREA - ROADWAY: COMMON AREA	
Beds I Baths I Half	010/0	
Floors	0	
Living Units	0	
Actual Area	0 Sq.Ft	
Living Area	0 Sq.Ft	
Adjusted Area	0 Sq.Ft	
Lot Size	0Sq.Ft	
Year Built	0	

Generated On: 611212015

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Assessment Information	
Year	2015	2014	2013	
Land Value	$0	$0	$0	
Building Value	$0	$0	$0	
XFValue	$0	.
$0	$0	
M8rket Value	$0	$0	$0	
Assessed Value	$0	$0	$0	

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Taxable Value Information	
	2015	2014	2013	
County	
Exerrption Value	$0	$0	$0	
Taxable Value	$0	$0	$0	
School Board	
Exerrption Value	$0	$0	$0	
Taxable Value	$0	$0	$0	
City	
Bcerrption Value	$0	$0	$0	
Taxable Value	$0	$0	$0	
Regional	
Exerrption Value	$0	$0	$0	
Taxable Value	$0	$0	$0	

Benefits Information	
Benefit	JType	I	20151	20141	2013	
Note: Nol all benefits are applicable to all Taxable Values (i.e. County, School Board, City, ReglonaQ. .	

Sales Information	
A'evious Sale	Rice	OR Book-Page	Qualification Description	
03101/2007	$0	25456-4690	Qual by exam of deed	

Short Legal Description	
SH.VER PALM HOMES	
PB 163-11 T-21771	
TRQ	
LOT SIZE13215 SQ.FT M'L	
FAU 30 6018 000 0490 0590 & 0690	

I	The Office of the Property Appraiser is continually editing and updating the tax roll. This website may not reflect the most current Information on record. The Property Appraiser and Miami-Oade County assumes no liability, see full dlsclaimer and User Agreement at http:l/www.miamidade.gov/info/dlsclaimer.asp

Version:

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Summary Report

Generated On: 6/12/2015

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Property Information		
Folio:	30-6018-027-2990		
Property Address:	11325 SW 299 lffi		
Owner	CARBE PALM COMMUNITY DEi/ DIST		
Mailing Address	2501 BURNS RD STEA
PALM BEACH GARDENS, FL33410		
Primary Zone	3700 MULTI-FAMILY -10-21 U/A		
Primary Land Use	9751 PVT PARK-REC AREA. ROADWAY:COMMONAREA		
Beds / Baths I Haff	0/0/0		
Floors	0		
Living Units	0		
Actual Area	0 Sq.Ft		
Living Area	0 Sq.Ft		
Adjusted Area	0 Sq.Ft		
Lot Size	0 Sq.Ft		
Year Built	0	Taxable Value Information	
		2015	2014	2013	
Assessment Information	County	
Year	2015	2014	2013	E'xerrption Value	$0	$0	$0	
Land Value	$0	$0	$0	Taxable Value	$0	$0	$0	
Building Value	$0	$0	$0	School Board	
XFValuo	$0	$0	$0	Exerrption Value	$0		$0	$0	
Market Value	$0	$0	$0	Taxable Value	$0	$0	$0	
Assessed Value	$0	$0	$0	City	
	Exerrption Value	$0	$0	$0	
Benefits Information					
	Taxable Value	$0	$0	$0	
Benefit	!Type	I	20151	20141	2013	Regional	
Note: Not all benefits are applicable to all Taxable Values (i.e. County, School
Board, City, Regiona0.	Bcerrption Value	$0	$0	$0	
	Taxable Value	$0	$0	$0	
					
Short Legal Description	Sales Information	
SILVER PALM HOMES		
	A'evious Sale	Price	OR Book-Page	Qµalification Description	
PB 163-11 T-21771					
	03/01/2007	$0	25456-4690	Qual by exam of deed	
TRR					
		
LOT SIZE 9328 SQ FT MIL		
FAU30 6018 000 0490 0590 & 0690		

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The Office of the Property Appraiser is continually editing and updating the tax roll. Thiswebsite may not reflect the most current infonnation on record. The Property Appraiser and Miami-Dade County assumes no liability, see full disclaimer and User Agreement at http:flwww.mlamidade.gov/lnfo/disclalmer.asp
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Exhibit ''B'' Site Visit Photos

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Exhibit "B"

Entrance Feature Tract "A" (north of SW 230 th Terrace)-Well-maintained

Entrance  Feature Tract "A" (north of SW 230th Terrace)-Well-maintained

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I	Entrance Feature Tract "N" (south of SW 230th Terrace) - Well-maintained
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Entrance Feature Tract "N" (south of SW 230th Terrace) - Well-maintained

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Park Tract "Q" (facing northwest) -Well-maintained

Park Tract "Q" (facing west) -Well-maintained

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I	Park Tract "Q" (facing south) -Well-maintained
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Park Tract "R" (facing west)- Well-maintained

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Park Tract "R" (facing northeast) -Well-maintained

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Exhibit ''C'' Opinion of Probable Costs
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EXHIBIT "C"

CARIBE PALM CDD
OPINION OF PROBABLE COST OF MAINTENANCE FOR CDD-OWNED INFRASTRUCTURE
6/12/2015

Cateaory	Item	IFreauencv  I	Unit Cost	ICost Per Year I
Landscaping maintenance*	2.5 parks !monthly	I  $150.00 /park  I	$4,500.001

SUBTOTAL:
15% Contingency

$4,500.00
$675.00

TOTAL:	$5,175.00

*Mowing of grass & hedge trimming for Tracts A, N, Q, and R