CARIBE PALM COMMUNITY DEVELOPMENT
DISTRICT

MIAMI-DADE COUNTY REGULAR BOARD MEETING MARCH 2, 2026
6:45 P.M.

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

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

AGENDA
CARIBE PALM COMMUNITY DEVELOPMENT DISTRICT
Silver Palms Mailbox Kiosk 23020 SW 113th Passage Miami, Florida 33170
REGULAR BOARD MEETING
March 2, 2026
6:45 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
February 2, 2026 Regular Board Meeting…	Page 2
Old Business
Update Regarding Electrical Outlets Installation
Update Regarding Storm Drain Cleaning
New Business
Consider Resolution No. 2026-01 – Adopting a Fiscal Year 2026-2027 Proposed Budget…	Page 4
Administrative & Operational Matters
Board Member & Staff Closing Comments
Adjourn

McClatchy

The Beaufort Gazette
The Belleville News-Democrat Bellingham Herald
Centre Daily Times Sun Herald
Idaho Statesman Bradenton Herald
The Charlotte Observer The State
Ledger-Enquirer

Durham | The Herald-Sun Fort Worth Star-Telegram The Fresno Bee
The Island Packet The Kansas City Star
Lexington Herald-Leader The Telegraph - Macon Merced Sun-Star
Miami Herald
El Nuevo Herald

The Modesto Bee
The Sun News - Myrtle Beach Raleigh News & Observer Rock Hill | The Herald
The Sacramento Bee San Luis Obispo Tribune
Tacoma | The News Tribune Tri-City Herald
The Wichita Eagle The Olympian

AFFIDAVIT OF PUBLICATION

Account #	Order Number	Identification	Order PO	Cols	Depth	
57935	IPL0273394	Legal Ad - IPL0273394	CDD - Fiscal Year 2025/2026 Reg Mtg Schedule	1.0	79.0L	

ATTENTION: Caribe Palm Community Development District IP 2501A Burns Road
Palm Beach Gardens, FL 33410 larcher@sdsinc.org

CARIBE PALM COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026 REGULAR MEETING SCHEDULE
NOTICE IS HEREBY GIVEN that
the Board of Supervisors of the Ca-ribe Palm Community Devel-opment District will hold Regular Meetings in the Silver Palms Mailbox Kiosk located at 23020 SW 113th Pas-sage, Miami, Florida 33170, at 6:45
p.m. on the following dates:
October 6, 2025
November 3, 2025
December 1, 2025
February 2, 2026
March 2, 2026
April 6, 2026
May 4, 2026
June 1, 2026
July 6, 2026
August 3, 2026
The purpose of the meetings is to con-duct any business coming before the Board. The meetings are open to the public and will be conducted in ac-cordance with the provisions of Flor-ida 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 786-313-3667 and/or toll free at 1-877-737-4922 prior to the date of the particular meeting.
From time to time one or two Super-visors 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 speci-fied 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 ensure 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.

PUBLISHED DAILY MIAMI-DADE-FLORIDA

STATE OF FLORIDA COUNTY OF MIAMI-DADE

Before the undersigned authority personally appeared, the under-signed, who on oath says that he/she is Custodian of Records of The The Miami Herald, a newspaper published in MIami Dade County, Flor-ida, that the attached was published on the publicly accessible website of The Miami Herald or by print In the issues and dates listed below.

Affiant further Says that the said Miami Herald website or newspaper complies with all legal requirements for publication in chapter 50, Florida Statutes.

1.0 insertion(s) published on: 09/22/25 Print

Print Tearsheet Link Marketplace Link

Amy Robbins

In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accom-modations or an interpreter to partic-ipate at any of these meetings should contact the District Manager at 305-313-3667 and/or toll free at 1-877-737-4922 at least seven (7) days prior to the date of the particular meeting.

Sworn to and subscribed before me on

Sep 22, 2025, 10:55 AM ED

Meetings may be cancelled from time to time without advertised notice.
CARIBE PALM COMMUNITY DE-VELOPMENT DISTRICT
www.caribepalmcdd.org
IPL0273394 Sep 22 2025

Online Notary Public. This notarial act involved the use of online audio/video communication technology. Notarization facilitated by SIGNiX®

CARIBE PALM COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING
FEBRUARY 2, 2026

CALL TO ORDER
The February 2, 2026, Regular Board Meeting of the Caribe Palm Community Development District (the “District”) was called to order at 7:10 pm at the Silver Palms Mailbox Kiosk located at 23020 SW 113th Passage, Miami, Florida 33170.
PROOF OF PUBLICATION
Proof of publication was presented that notice of the February 2, 2026, Regular Board Meeting had been published in the Miami Herald on September 22, 2025, as legally required.
ESTABLISH A QUORUM
It was determined that the attendance of Chairperson Madeline Martin, Vice Chairperson Merlin Nicieza and Supervisors Carmen Maseda (via teleconference), Hery Morales, and Robert Cuenca constituted a quorum and it was in order to proceed with the meeting.
Staff present: Associate District Manager Pablo Jerez of Special District Services, Inc.
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
January 12, 2026, Special Board Meeting
The minutes of the January 12, 2026, Special Board Meeting were presented and the Board was asked if there were any changes. There being no changes, a motion was made by Mr. Morales, seconded by Ms. Nicieza unanimously passed approving the minutes of the January 12, 2026 Special Board Meeting, as presented.
OLD BUSINESS
Update Regarding Electrical Outlets Installation
Mr. Jerez presented the responses from Elighting as per the Board’s question from the previous meeting including the information of the length of warranty, color of the bulbs, and clarification on the wiring. The Board had more technical questions before deciding and are requesting a representative from Elighting attend the next Board meeting to clarify. Mr. Jerez will communicate their request to Elighting and coordinate their participation for the next meeting.

Update Regarding Storm Drain Cleaning
Mr. Jerez informed the Board that the tree trimming project has not been completed by the Homeowner’s Association yet. The Homeowner’s Association expects to complete the project by the end of February 2026. The Board will wait for the next Board meeting on an update on the completion of the tree trimming project to commence the storm drain cleaning.
NEW BUSINESS
There were no New Business items to report.
ADMINISTRATIVE & OPERATIONAL MATTERS
There were no Administrative or Operational Matters to report.
BOARD MEMBER & STAFF CLOSING COMMENTS
There were no further comments at this time.
ADJOURNMENT
There being no further business to come before the Board, a motion was made by Mr. Cuenca seconded by Mr. Morales and unanimously passed adjourning the Regular Board Meeting at 7:17 pm

Secretary/Assistant Secretary	Chairperson/Vice Chairperson

RESOLUTION NO. 2026-01

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CARIBE PALM COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET AND NON-AD VALOREM SPECIAL ASSESSMENTS FOR FISCAL YEAR 2026/2027; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Board of Supervisors (“Board”) of the Caribe Palm Community Development District (“District”) is required by Chapter 190.008, Florida Statutes, to approve a Proposed Budget for each fiscal year; and,

WHEREAS, the Proposed Budget including the Assessments for Fiscal Year 2026/2027 has been prepared and considered by the Board.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CARIBE PALM COMMUNITY DEVELOPMENT DISTRICT THAT:

Section 1.  The Proposed Budget including the Assessments for Fiscal Year 2026/2027 attached hereto as Exhibit “A” is approved and adopted.

Section 2.  A Public Hearing is hereby scheduled for 	, 2026 at 6:45 p.m. in the Silver Palms Mailbox Kiosk located at 23020 SW 113th Passage, Miami, Florida 33170, for the purpose of receiving public comments on the Proposed Fiscal Year 2026/2027 Budget.

PASSED, ADOPTED and EFFECTIVE this 2nd day of March, 2026.

ATTEST:	CARIBE PALM
COMMUNITY DEVELOPMENT DISTRICT

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

Caribe Palm Community Development District

Proposed Budget For Fiscal Year 2026/2027
October 1, 2026 - September 30, 2027

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

DETAILED PROPOSED DEBT SERVICE FUND BUDGET

ASSESSMENT COMPARISON

PROPOSED BUDGET
CARIBE PALM COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

REVENUES	
FISCAL YEAR 2026/2027
BUDGET	
Administrative Assessments	25,880	
Maintenance Assessments	65,957	
Debt Assessments	161,614	
Other Revenues	0	
Interest Income	1,920	
		
TOTAL REVENUES	$	255,371	
		
EXPENDITURES		
Maintenance Expenditures		
Engineering/Inspections	2,800	
Engineering - Special Projects	0	
Community Security	0	
Security Cameras/MTE/Upkeep	12,000	
FP&L Meter/Mailbox Area	4,200	
Street/Roadway Drainage Maintenance	6,500	
Pressure Cleaning	3,500	
Holiday Lighting	10,000	
Community Special Projects	8,000	
Maintenance/Contingency	15,000	
Total Maintenance Expenditures	$	62,000	
		
Administrative Expenditures		
Supervisor Fees	11,000	
Payroll Taxes (Employer)	842	
Management	30,360	
Secretarial And Field Operations	6,600	
Legal	3,000	
Assessment Roll	7,500	
Audit Fees	3,500	
Insurance	7,900	
Legal Advertisements	4,500	
Miscellaneous	1,600	
Postage	300	
Office Supplies	400	
Dues & Subscriptions	175	
Trustee Fees	4,150	
Continuing Disclosure Fee	350	
Website Management	1,750	
Total Administrative Expenditures	$	83,927	
		
TOTAL EXPENDITURES	$	145,927	
		
REVENUES LESS EXPENDITURES	$	109,444	
		
Bond Payments	(151,917)	
		
BALANCE	$	(42,473)	
		
County Appraiser & Tax Collector Fee	(5,069)	
Discounts For Early Payments	(10,138)	
		
EXCESS/ (SHORTFALL)	$	(57,680)	
		
Carryover From Prior Year	57,680	
		
NET EXCESS/ (SHORTFALL)	$	-	

2/23/2026 11:11 AM	I

DETAILED PROPOSED BUDGET
CARIBE PALM COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

REVENUES	
FISCAL YEAR 2024/2025
ACTUAL	
FISCAL YEAR 2025/2026
BUDGET	
FISCAL YEAR 2026/2027
BUDGET	

COMMENTS	
Administrative Assessments	47,901	34,178	25,880	Expenditures Less Interest & Carryover/.94	
Maintenance Assessments	57,661	57,659	65,957	Expenditures/.94	
Debt Assessments	161,615	161,614	161,614	Bond Payments/.94	
Other Revenues	0	0	0		
Interest Income	25,213	1,800	1,920	Interest Estimated At $160 Per Month	
					
TOTAL REVENUES	$	292,390	$	255,251	$	255,371		
					
EXPENDITURES					
Maintenance Expenditures					
Engineering/Inspections	2,000	2,800	2,800	No Change From 2025/2026 Budget	
Engineering - Special Projects	0	3,000	0	Line Item Eliminated	
Community Security	4,588	6,000	0	Line Item Eliminated	
Security Cameras/MTE/Upkeep	1,411	12,000	12,000	No Change From 2025/2026 Budget	
FP&L Meter/Mailbox Area	0	4,200	4,200	No Change From 2025/2026 Budget	
Street/Roadway Drainage Maintenance	0	4,200	6,500	$2,100 Increase From 2025/2026 Budget	
Pressure Cleaning	0	0	3,500	Pressure Cleaning	
Holiday Lighting	0	0	10,000	Holiday Lighting	
Community Special Projects	0	0	8,000	Community Special Projects	
Maintenance/Contingency	17,412	22,000	15,000	$7,000 Decrease From 2025/2026 Budget	
Total Maintenance Expenditures	$	25,411	$	54,200	$	62,000		
					
Administrative Expenditures					
Supervisor Fees	11,200	11,000	11,000	Supervisor Fees	
Payroll Taxes (Employer)	857	842	842	Supervisor Fees *7.65%	
Management	30,360	30,360	30,360	No Change From 2025/2026 Budget	
Secretarial And Field Operations	6,600	6,600	6,600	No Change From 2025/2026 Budget	
Legal	0	4,000	3,000	$1,000 Decrease From 2025/2026 Budget	
Assessment Roll	7,500	7,500	7,500	As Per Contract	
Audit Fees	3,300	3,400	3,500	Accepted Amount For 2025/2026 Audit	
Insurance	6,858	7,400	7,900	Fiscal Year 2025/2026 Expenditure Was $7,269	
Legal Advertisements	2,567	4,500	4,500	No Change From 2025/2026 Budget	
Miscellaneous	2,180	1,500	1,600	$100 Decrease From 2025/2026 Budget	
Postage	392	300	300	No Change From 2025/2026 Budget	
Office Supplies	283	400	400	No Change From 2025/2026 Budget	
Dues & Subscriptions	175	175	175	No Change From 2025/2026 Budget	
Trustee Fees	4,148	3,850	4,150	$300 Increase From 2025/2026 Budget	
Continuing Disclosure Fee	350	350	350	No Change From 2025/2026 Budget	
Website Management	1,750	1,750	1,750	No Change From 2025/2026 Budget	
Total Administrative Expenditures	$	78,520	$	83,927	$	83,927		
					
TOTAL EXPENDITURES	$	103,931	$	138,127	$	145,927		
					
REVENUES LESS EXPENDITURES	$	188,459	$	117,124	$	109,444		
					
Bond Payments	(354,080)	(151,917)	(151,917)	2027 P & I Payments Less Earned Interest	
					
BALANCE	$	(165,621)	$	(34,793)	$	(42,473)		
					
County Appraiser & Tax Collector Fee	(2,570)	(5,069)	(5,069)	Two Percent Of Total Assessment Roll	
Discounts For Early Payments	(9,861)	(10,138)	(10,138)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	(178,052)	$	(50,000)	$	(57,680)		
					
Carryover From Prior Year	0	50,000	57,680	Carryover From Prior Year	
					
NET EXCESS/ (SHORTFALL)	$	(178,052)	$	-	$	-		

2/23/2026 11:11 AM	II

DETAILED PROPOSED DEBT SERVICE FUND BUDGET
CARIBE PALM COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

REVENUES	
FISCAL YEAR

2024/2025

ACTUAL	
FISCAL YEAR

2025/2026

BUDGET	
FISCAL YEAR

2026/2027

BUDGET	

COMMENTS	

Interest Income	
7,617	
1,200	
1,400	
Projected Interest For FY 2026/2027	

NAV Tax Collection	
354,080	
151,917	
151,917	
Maximum Debt Service Collection	

Total Revenues	
$	361,697	
$	153,117	
$	153,317		

EXPENDITURES					

Principal Payments	
94,000	
97,000	
85,000	
Principal Payment Due In 2027	

Interest Payments	
55,880	
50,180	
42,056	
Interest Payments Due In 2027	

Bond Redemption	
0	
5,937	
26,261	
Bond Redemption	

TOTAL EXPENDITURES	
$	149,880	
$	153,117	
$	153,317		

EXCESS/ (SHORTFALL)	
$	211,817	
$	-	
$	-		

Note: Extraordinary Principal Payment For $200,000 Was Made In November 2026.

Series 2017 Bond Refunding Information

Original Par Amount =	$1,870,000	Annual Principal Payments Due =	May 1st	
Interest Rate =	3.5% - 4.5%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =	July 2017			
Maturity Date =

Par Amount As Of 1/1/26 =	May 2035

$1,000,000			

2/23/2026 11:11 AM	III

Caribe Palm Community Development District Assessment Comparison

Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	
2023/2024	2024/2025	2025/2026	2026/2027	
Assessment	Assessment	Assessment	Projected Assessment	
 Before Discount* 	 Before Discount* 	 Before Discount* 		Before Discount*		

Administrative For Twenty Three Foot Lots	
$	271.81	
$	159.65	
$	115.47	
$	
87.44	
Maintenance For Twenty Three Foot Lots	$	194.80	$	194.80	$	194.80	$	222.83	
Debt For Twenty Three Foot Lots	$	493.08	 $	493.08	 $	493.08	$	493.08	
Total For Twenty Three Foot Lots	$	959.69	$	847.53	$	803.35	$	803.35	

Administrative For Fifty Foot Lots	$	271.81	$	159.65	$	115.47	$	87.44	
Maintenance For Fifty Foot Lots	$	194.80	$	194.80	$	194.80	$	222.83	
Debt For Fifty Foot Lots	$	604.96	 $	604.96	 $	604.96	$	604.96	
Total For Fifty Foot Lots	$	1,071.57	$	959.41	$	915.23	$	915.23	

* Assessments Include the Following :	 4% Discount for Early Payments
1% County Tax Collector Fee
1% County Property Appraiser Fee

 Community Information:	

Twenty Three Foot Lots	156	
Fifty Foot Lots	140	
Total Units	296	

2/23/2026 11:11 AM	IV