CENTURY PARK PLACE COMMUNITY DEVELOPMENT DISTRICT

MIAMI-DADE COUNTY SPECIAL BOARD MEETING APRIL 4, 2022
7:00 P.M.

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

www.centuryparkplacecdd.org
786-347-2711 Ext. 2011 Telephone 877.SDS.4922 Toll Free 561.630.4923 Facsimile

AGENDA
CENTURY PARK PLACE COMMUNITY DEVELOPMENT DISTRICT
Century Park Clubhouse 8950 West Flagler Street Miami, Florida 33174
SPECIAL BOARD MEETING
April 4, 2022
7:00 p.m.

Call to Order
Proof of Publication	Page 1
Establish Quorum
Appointment to Vacancies
Administer Oath of Office and Review Board Member Duties and Responsibilities
Election of Officers
Chairman
Vice Chairman
Secretary/Treasurer
Assistant Secretaries
Additions or Deletions to Agenda
Comments from the Public for Items Not on the Agenda
Approval of Minutes
1.  October 25, 2021 Special Board Meeting and Public Hearing	Page 2
Old Business
1. Discussion Regarding the West Entrance at SW 92nd Avenue	Page 7
New Business
1.  Consider Approval of Resolution No. 2022-01 – Proposed Budget for FY 2022/2023 and
Setting a Public Hearing	Page 9
Administrative & Operational Matters
Financial Update	Page 17
Reminder of Statement of Financial Interests Disclosure 2021 Form 1, Filing Deadline: July 1, 2022
Board Member & Staff Closing Comments
Adjourn

3/25/22, 1:05 PM	Public Notices | Florida Press Association

Miami-Dade County, Florida

Notice Text

Miscellaneous Notices
Published in Miami Daily Business Review on March 24, 2022

Location

NOTICE OF SPECIAL BOARD MEETING OF THE CENTURY PARK PLACE COMMUNITY DEVELOPMENT DISTRICT
The Board of Supervisors (the "Board") of the Century Park Place Community Development District (the "District") will hold a Special Board Meeting (the "Meeting") on April 4, 2022, at 7:00 p.m. at the Century Park Clubhouse located at 8950 West Flagler Street, Miami, Florida 33174 for the necessary public purpose of considering a fiscal year 2022/2023 proposed budget, a revised fiscal year 2021/2022 meeting schedule and any District related items as noted on the agenda.
The Meeting is 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 this Meeting 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 Meeting.
If any person decides to appeal any decision made with respect to any matter considered at this Special 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 Park Place Community Development District www.centuryparkplacecdd.org
3/24 22-23/0000586450M

https://www.floridapublicnotices.com

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CENTURY PARK PLACE COMMUNITY DEVELOPMENT DISTRICT PUBLIC HEARING & SPECIAL BOARD MEETING
OCTOBER 25, 2021

CALL TO ORDER

Mrs. Perez called the October 25, 2021, Special Board Meeting of the Century Park Place Community Development District (the “District”) to order at 10:35 a.m. in the Century Park Clubhouse located at 8950 West Flagler Street, Miami, Florida 33174.

PROOF OF PUBLICATION

Mrs. Perez presented proof of publication that notice of the October 25, 2021, Special Board Meeting had been published in the Miami Daily Business Review on October 8, 2021, and October 15, 2021, as legally required.

ESTABLISH A QUORUM

A quorum was established with the following Supervisors present and it was in order to proceed: Chairman Diego Cruz, Vice Chairman Alberto Paradela and Supervisor Leonardo Ferrer.

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

CONSIDER APPOINTMENTS TO BOARD VACANCIES

This item was tabled.

ADDITIONS OR DELETIONS TO THE 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
May 27, 2021, Regular Board Meeting

Mrs. Perez presented the minutes of the May 27, 2021, Regular Board Meeting and asked if there were any changes/corrections.

There being no changes and/or corrections, a MOTION was made by Supervisor Paradela, seconded by Supervisor Cruz and passed unanimously approving the minutes of the May 27, 2021, Regular Board Meeting, as presented.

OLD BUSINESS

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

NEW BUSINESS
Consider Resolution No. 2021-04 – Amending Public Hearing Date for Final Budget

Mrs. Perez presented Resolution No. 2021-04, entitled:

RESOLUTION NO. 2021-04

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

A MOTION was made by Supervisor Paradela, seconded by Supervisor Ferrer and unanimously passed adopting Resolution No. 2021-04, as presented.

Consider Resolution No. 2021-05 – Adopting a Fiscal Year 2021/2022 Meeting Schedule

Mrs. Perez presented Resolution No. 2021-05, entitled:

RESOLUTION NO. 2021-05

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CENTURY PARK PLACE COMMUNITY DEVELOPMENT DISTRICT, ESTABLISHING A REGULAR MEETING SCHEDULE FOR FISCAL YEAR 2021/2022 AND SETTING THE TIME AND LOCATION OF SAID DISTRICT MEETINGS; AND PROVIDING AN EFFECTIVE DATE.

Mrs. Perez read the title of the resolution into the record and noted that meetings would remain at the same location of the Century Park Clubhouse located at 8950 West Flagler Street, Miami, Florida 33174 at 10:30 a.m. on the following dates:

November 10, 2021 L.O.
January 12, 2022
March 9, 2022 Proposed Budget
May 11, 2022 Final Budget
August 10, 2022

A MOTION was made by Supervisor Paradela, seconded by Supervisor Cruz and unanimously passed to adopt Resolution No. 2021-05, as presented.

Consider Resolution No. 2021-06 – Adopting a Fiscal Year 2020/2021 Amended Budget

Mrs. Perez presented Resolution No. 2021-06, entitled:

RESOLUTION NO. 2021-06

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CENTURY PARK PLACE COMMUNITY DEVELOPMENT DISTRICT AUTHORIZING AND ADOPTING AN AMENDED FINAL FISCAL YEAR 2020/2021 BUDGET (“AMENDED BUDGET”), PURSUANT TO CHAPTER 189, FLORIDA STATUTES; AND PROVIDING AN EFFECTIVE DATE.

A MOTION was made by Supervisor Ferrer, seconded by Supervisor Paradela and unanimously passed adopting Resolution No. 2021-06, as presented.

Legislative Update

District Counsel provided an overview of the Legislative Update memorandum presented in the meeting book and touched upon changes in legislation, including advertisements, storm water certification requirements to become effective in the near future and engineering requirements.

Update on Requested Modification at West Entrance at SW 92nd Avenue

Mrs. Perez advised the Board that pursuant to their direction during the last meeting, the appointee Supervisor Paradela attended an onsite meeting with the District Engineer and District management. At that time the changes provided in the meeting book were agreed to and the Engineer contacted the Developer to make the corrections, as specified. Said corrections have since been made to SW 92nd Avenue. A discussion ensued and Supervisor Ferrer disagreed with the outcome of the modification.

District management was requested to ask the District Engineer for the permitted plans and to have the same presented for further discussion at the next scheduled meeting.

The Special Board Meeting was then recessed and the Public Hearing was opened.

PUBLIC HEARING
Proof of Publication

Mrs. Perez presented proof of publication that notice of the Public Hearing had been published in the Miami Daily Business Review on October 8, 2021, and October 15, 2021, as legally required.

Receive Public Comment on Fiscal Year 2021/2022 Final Budget

There was no public comment on the Fiscal Year 2021/2022 Final Budget.

The Public Hearing was then closed and the Special Board Meeting was reconvened.

Consider Resolution No. 2021-07 – Adopting a Fiscal Year 2021/2022 Final Budget

Mrs. Perez presented Resolution No. 2021-07, entitled:

RESOLUTION NO. 2021-07

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CENTURY PARK PLACE COMMUNITY DEVELOPMENT DISTRICT APPROVING AND ADOPTING A FISCAL YEAR 2021/2022 FINAL BUDGET INCLUDING NON-AD VALOREM SPECIAL ASSESSMENTS PURSUANT TO CHAPTER 190, FLORIDA STATUTES; AND PROVIDING AN EFFECTIVE DATE.

Mrs. Perez read the title of the resolution into the record and advised that it provides for approving and adopting the fiscal year 2021/2022 Final Budget and the non-ad valorem special assessments.

A MOTION was made by Supervisor Ferrer, seconded by Supervisor Cruz and unanimously passed to adopt Resolution No. 2021-07, approving the Fiscal Year 2021/2022 Final Budget, as presented, setting the fiscal year 20201/2022 Final Budget and non-ad valorem special assessment tax roll (Assessment Levy).

ADMINISTRATIVE & OPERATIONAL MATTERS
Financial Update

Mrs. Perez presented the financials in the meeting book and briefly reviewed them with the Board, pointing out that available funds as of September 30, 2021, were $49,532.57.

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

Accept and Receive 2021 Annual Engineer’s Report

A MOTION was made by Supervisor Ferrer, seconded by Supervisor Cruz and unanimously passed accepting and receiving the 2021 Annual Engineer’s Report, as presented.

Statement of Financial Interests – 2020 Form 1

Mrs. Perez noted, pursuant to the Public Ethics State of Florida website http://public.ethics.state.fl.us/search.cfm, it does not appear that any of the Board Members have submitted the required Form 1 in a timely manner. Mrs. Perez emphasized the importance of this task, as the District would be unable to reverse any fines issued by the State.

BOARD MEMBER & STAFF CLOSING COMMENTS

There were no Board Member or Staff closing comments.

ADJOURNMENT

There being no further business to conduct, a MOTION was made by Supervisor Cruz, seconded by Supervisor Ferrer and unanimously passed to adjourn the Special Board Meeting at 11:29 a.m.

Secretary/Assistant Secretary	Chairperson/Vice Chairperson

Location

Page 7

Point aligned with sign post.

Asphalt sawcut line

Point aligned with sidewalk joint

Cars are hitting here

Replace Asphalt with Sod

Improved turning radius

Page 8

RESOLUTION 2022-01

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CENTURY PARK PLACE COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2022/2023 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Century Park Place Community Development District (“District”) was recently established by Ordinance No. 17-19 approved by the Miami-Dade County Board of County Commissioners, Miami-Dade County, Florida, effective March 31, 2017; and

WHEREAS, the District Manager has prepared and submitted to the Board of Supervisors of the Century Park Place Community Development District (the “Board”) the proposed operating fund budget for Fiscal Year 2022/2023; and

WHEREAS, the Board has considered the proposed operating fund budget and desires to set the required public hearing thereon.

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

The operating fund budget proposed by the District Manager for Fiscal Year 2022/2023 attached hereto as Exhibit “A” is hereby approved as the basis for conducting a public hearing to adopt said budget.

The public hearing on said approved operating fund budget is hereby declared and set for the following date, hour and location:

DATE:	June 6, 2022

HOUR:	10:30 a.m.
LOCATION: Century Park Clubhouse
8950 West Flagler Street Miami, Florida 33174

The District Manager is hereby directed to submit a copy of the proposed budget to the Miami-Dade County at least sixty (60) days prior to the hearing set above.

In accordance with Section 189.016, Florida Statutes, the District's Secretary is further directed to post the approved budget on the District's website at least two (2) days before the budget hearing date as set forth in Section 2. If the District does not have its own website, the District's Secretary is directed to transmit the approved budget to the managers or administrators of the Miami-Dade County for posting on their website.

Notice of this public hearing shall be published in the manner prescribed in Florida law.

This Resolution shall take effect immediately upon adoption.

PASSED, ADOPTED and BECOMES EFFECTIVE 4th day of April, 2022.

ATTEST:	CENTURY PARK PLACE COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson/Vice Chairperson

Attachment: Exhibit “A”: Fiscal Year 2022/2023 Budget

Century Park Place Community Development District

Proposed Budget For Fiscal Year 2022/2023
October 1, 2022 - September 30, 2023

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

DETAILED PROPOSED DEBT SERVICE FUND BUDGET IV	ASSESSMENT COMPARISON

PROPOSED BUDGET
CENTURY PARK PLACE COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	
FISCAL YEAR 2022/2023 BUDGET	
ADMINISTRATIVE ASSESSMENTS	72,630	
MAINTENANCE ASSESSMENTS	10,916	
DEBT ASSESSMENTS	123,590	
INTEREST INCOME	60	
		
TOTAL REVENUES	$	207,196	
		
EXPENDITURES		
MAINTENANCE/INFRASTRUCTURE IMPROVEMENTS		
ENGINEERING/INSPECTIONS	1,500	
MISCELLANEOUS MAINTENANCE	3,750	
PAVEMENT REPLACEMENT RESERVE	4,346	
INFRASTRUCTURE MAINTENANCE	665	
TOTAL MAINTENANCE/INFRASTRUCTURE IMPROVEMENTS	$	10,261	
		
ADMINISTRATIVE EXPENDITURES		
SUPERVISOR FEES	4,000	
PAYROLL TAXES	306	
MANAGEMENT	32,976	
LEGAL	9,000	
ASSESSMENT ROLL	6,750	
AUDIT FEES	3,500	
INSURANCE	5,900	
LEGAL ADVERTISING	775	
MISCELLANEOUS	775	
POSTAGE	200	
OFFICE SUPPLIES	325	
DUES & SUBSCRIPTIONS	175	
TRUSTEE FEES	3,300	
CONTINUING DISCLOSURE FEE	350	
		
TOTAL ADMINISTRATIVE EXPENDITURES	$	68,332	
		
TOTAL EXPENDITURES	$	78,593	
		
REVENUES LESS EXPENDITURES	$	128,603	
		
BOND PAYMENTS	(116,175)	
		
BALANCE	$	12,428	
		
COUNTY APPRAISER & TAX COLLECTOR FEE	(4,143)	
DISCOUNTS FOR EARLY PAYMENTS	(8,285)	
		
EXCESS/ (SHORTFALL)	$	-	
		
CARRYOVER FROM PRIOR YEAR	0	
		
NET EXCESS/ (SHORTFALL)	$	-	

DETAILED PROPOSED BUDGET
CENTURY PARK PLACE COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	
FISCAL YEAR 2020/2021 ACTUAL	
FISCAL YEAR 2021/2022 BUDGET	
FISCAL YEAR 2022/2023 BUDGET	

COMMENTS	
ADMINISTRATIVE ASSESSMENTS	67,523	71,795	72,630	Expenditures Less Interest & Carryover/.94	
MAINTENANCE ASSESSMENTS	16,203	11,767	10,916	Expenditures/.94	
DEBT ASSESSMENTS	123,613	123,590	123,590	Bond Payments/.94	
INTEREST INCOME	179	60	60	Interest Projected At $5 Per Month	
					
TOTAL REVENUES	$	207,518	$	207,212	$	207,196		
					
EXPENDITURES					
MAINTENANCE/INFRASTRUCTURE IMPROVEMENTS					
ENGINEERING/INSPECTIONS	7,050	1,500	1,500	No Change From 2021/2022 Budget	
MISCELLANEOUS MAINTENANCE	2,905	3,750	3,750	No Change From 2021/2022 Budget	
PAVEMENT REPLACEMENT RESERVE	0	2,936	4,346	Twenty Year Project (Second Year)	
INFRASTRUCTURE MAINTENANCE	0	2,875	665	$2,210 Decrease From 2021/2022 Budget	
TOTAL MAINTENANCE/INFRASTRUCTURE IMPROVEMENTS	$	9,955	$	11,061	$	10,261		
					
ADMINISTRATIVE EXPENDITURES					
SUPERVISOR FEES	400	4,000	4,000	Supervisor Fees	
PAYROLL TAXES	31	306	306	Supervisor Fees * 7.65%	
MANAGEMENT	31,584	32,016	32,976	CPI Adjustment (Capped At 3%)	
LEGAL	8,658	9,000	9,000	No Change From 2021/2022 Budget	
ASSESSMENT ROLL	6,750	6,750	6,750	As Per Contract	
AUDIT FEES	3,300	3,400	3,500	Increased by $100	
INSURANCE	5,513	5,800	5,900	Insurance Estimate	
LEGAL ADVERTISING	767	775	775	No Change From 2021/2022 Budget	
MISCELLANEOUS	407	1,050	775	$275 Decrease From 2021/2022 Budget	
POSTAGE	125	250	200	$50 Decrease From 2021/2022 Budget	
OFFICE SUPPLIES	255	375	325	$50 Decrease From 2021/2022 Budget	
DUES & SUBSCRIPTIONS	175	175	175	No Change From 2021/2022 Budget	
TRUSTEE FEES	3,179	3,300	3,300	No Change From 2021/2022 Budget	
CONTINUING DISCLOSURE FEE	350	350	350	No Change From 2021/2022 Budget	
					
TOTAL ADMINISTRATIVE EXPENDITURES	$	61,494	$	67,547	$	68,332		
					
TOTAL EXPENDITURES	$	71,449	$	78,608	$	78,593		
					
REVENUES LESS EXPENDITURES	$	136,069	$	128,604	$	128,603		
					
BOND PAYMENTS	(117,843)	(116,175)	(116,175)	2023 P & I Payments Less Earned Interest	
					
BALANCE	$	18,226	$	12,429	$	12,428		
					
COUNTY APPRAISER & TAX COLLECTOR FEE	(1,996)	(4,143)	(4,143)	Two Percent Of Total Assessment Roll	
DISCOUNTS FOR EARLY PAYMENTS	(7,677)	(8,286)	(8,285)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	8,553	$	-	$	-		
					
CARRYOVER FROM PRIOR YEAR	0	0	0	Carryover From Prior Year	
					
NET EXCESS/ (SHORTFALL)	$	8,553	$	-	$	-		

DETAILED PROPOSED DEBT SERVICE FUND BUDGET
CENTURY PARK PLACE COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	FISCAL YEAR 2020/2021 ACTUAL	FISCAL YEAR 2021/2022 BUDGET	FISCAL YEAR 2022/2023 BUDGET	

COMMENTS	

Interest Income	
7	
25	
25	
Projected Interest For 2022/2023	

NAV Tax Collection	
117,843	
116,175	
116,175	
Maximum Debt Service Collection	

Total Revenues	
$	117,850	
$	116,200	
$	116,200		

EXPENDITURES					

Principal Payments	
30,000	
35,000	
35,000	
Principal Payments Due In 2023	

Interest Payments	
81,025	
79,275	
78,050	
Interest Payments Due In 2023	

Bond Redemption	
0	
1,925	
3,150	
Estimated Excess Debt Collections	

Total Expenditures	
$	111,025	
$	116,200	
$	116,200		

Excess/ (Shortfall)	
$	6,825	
$	-	
$	-		

Series 2017 Bond Information
Original Par Amount =	$1,785,000	Annual Principal Payments Due =	November 1st	
Interest Rate =	3.50% - 5.00%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =	July 2017			
Maturity Date =

Par Amount As Of 1/1/2022 =	November 2047

$1,660,000			

Century Park Place Community Development District Assessment Comparison

Original	Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	
Projected	2019/2020	2020/2021	2021/2022	2022/2023	
	Assessment*			Assessment*			Assessment*			Assessment*		  Projected Assessment* 	

Administrative	
$	638.29	
$	508.99	
$	514.25	
$	548.06	
$	
554.43	
Maintenance	$	-	$	128.96	$	123.69	$	89.83	$	83.33	
Debt	$	943.62	$	943.62	$	943.62	$	943.62	$	943.62	
Total	$	1,581.91	$	1,581.57	$	1,581.56	$	1,581.51	$	1,581.38	

* Assessments Include the Following :	 4% Discount for Early Payments
1% County Tax Collector Fee
1% County Property Appraiser Fee
Community Information:	       Total Units131

3/1/2022 12:15 PM	IV

Century Park Place Community Development District

Financial Report For February 2022

Century Park Place Community Development District
Budget vs. Actual
October 2021 through February 2022

Oct 21 - Feb 22	21/22 Budget	$ Over Budget	% of Budget
 			
Income

01-3100 ꞏ Administrative Assessments	68,230.25		71,795.00		-3,564.75		95.04%	
01-3200 ꞏ Maintenance Assessments	11,183.50		11,767.00		-583.50		95.04%	
01-3810 ꞏ Debt Assessments	117,477.95		123,590.00		-6,112.05		95.06%	
01-3820 ꞏ Debt Assess-Paid To Trustee	-111,710.90		-116,175.00		4,464.10		96.16%	
01-3830 ꞏ Assessment Fees	-1,891.17		-4,143.00		2,251.83		45.65%	
01-3831 ꞏ Assessment Discounts	-7,774.72		-8,286.00		511.28		93.83%	
01-9400 ꞏ Other Income	0.00		0.00		0.00		0.0%	
01-9410 ꞏ Interest Income (GF)	3.57		60.00		-56.43		5.95%	
Total Income	75,518.48		78,608.00		-3,089.52		96.07%	
Expense								
01-2481 ꞏ Supervisor Fees	200.00		4,000.00		-3,800.00		5.0%	
01-2482 ꞏ Payroll Tax Expense	15.30		306.00		-290.70		5.0%	
01-1310 ꞏ Engineering	0.00		1,500.00		-1,500.00		0.0%	
01-1311 ꞏ Management Fees	13,340.00		32,016.00		-18,676.00		41.67%	
01-1315 ꞏ Legal Fees	1,572.50		9,000.00		-7,427.50		17.47%	
01-1318 ꞏ Assessment/Tax Roll	0.00		6,750.00		-6,750.00		0.0%	
01-1320 ꞏ Audit Fees	0.00		3,400.00		-3,400.00		0.0%	
01-1450 ꞏ Insurance	5,706.00		5,800.00		-94.00		98.38%	
01-1480 ꞏ Legal Advertisements	422.93		775.00		-352.07		54.57%	
01-1512 ꞏ Miscellaneous	217.30		1,050.00		-832.70		20.7%	
01-1513 ꞏ Postage and Delivery	77.58		250.00		-172.42		31.03%	
01-1514 ꞏ Office Supplies	72.85		375.00		-302.15		19.43%	
01-1540 ꞏ Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
01-1550 ꞏ Trustee Fees	0.00		3,300.00		-3,300.00		0.0%	
01-1743 ꞏ Continuing Disclosure Fee	0.00		350.00		-350.00		0.0%	
01-1800 ꞏ Infrastructure Maintenance	0.00		2,875.00		-2,875.00		0.0%	
01-2843 ꞏ Pavement Replacement Reserve	0.00		2,936.00		-2,936.00		0.0%	
01-1815 ꞏ Miscellaneous Maintenance	0.00		3,750.00		-3,750.00		0.0%	
Total Expense	21,799.46		78,608.00		-56,808.54		27.73%	
Net Income	53,719.02		0.00		53,719.02		100.0%	

CENTURY PARK PLACE COMMUNITY DEVELOPMENT DISTRICT MONTHLY FINANCIAL REPORT
FEBRUARY 2022

REVENUES	
Annual Budget
10/1/21 - 9/30/22	
Actual Feb-22	Year To Date Actual
10/1/21 - 2/28/22	
Administrative Assessments	71,795	548	68,230	
Maintenance Assessments	11,767	90	11,184	
Debt Assessments	123,590	944	117,478	
Interest Income	60	0	4	
				
Total Revenues	$	207,212	$	1,582	$	196,896	
				
EXPENDITURES				
Administrative Expenditures				
Supervisor Fees	4,000	0	200	
Payroll Taxes	306	0	15	
Management	32,016	2,668	13,340	
Legal	9,000	0	1,573	
Assessment Roll	6,750	0	0	
Audit Fees	3,400	0	0	
Insurance	5,800	0	5,706	
Legal Advertisements	775	0	423	
Miscellaneous	1,050	0	217	
Postage	250	1	78	
Office Supplies	375	9	73	
Dues & Subscriptions	175	0	174	
Trustee Fees	3,300	0	0	
Continuing Disclosure Fee	350	0	0	
				
Total Administrative Expenditures	$	67,547	$	2,678	$	21,799	
				
Maintenance Expenditures				
Engineering/Inspections	1,500	0	0	
Miscellaneous Maintenance	3,750	0	0	
Pavement Replacement Reserve	2,936	0	0	
Infrastructure Maintenance	2,875	0	0	
Total Maintenance Expenditures	$	11,061	$	-	$	-	
				
TOTAL EXPENDITURES	$	78,608	$	2,678	$	21,799	
				
REVENUES LESS EXPENDITURES	$	128,604	$	(1,096)	$	175,097	
				
Bond Payments	(116,175)	(916)	(111,712)	
				
BALANCE	$	12,429	$	(2,012)	$	63,385	
				
County Appraiser & Tax Collector Fee	(4,143)	(15)	(1,891)	
Discounts For Early Payments	(8,286)	(32)	(7,775)	
				
EXCESS/ (SHORTFALL)	$	-	$	(2,059)	$	53,719	

Bank Balance As Of 2/28/22	$	105,045.77	
Accounts Payable As Of 2/28/22	$	3,593.68	
Accounts Receivable As Of 2/28/22	$	-	
Available Funds As Of 2/28/22	$	101,452.09	

CENTURY PARK PLACE CDD TAX COLLECTIONS
2021-2022

#	

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	
									$207,152.00	$71,795.00	$11,767.00	$  123,590.00	$71,795.00	$11,767.00	$123,590.00		
									$194,723.00	$67,487.00	$11,061.00	$  116,175.00	$67,487.00	$11,061.00	$116,175.00	$116,175.00	
1	1	Miami-Dade Tax Collector	11/26/21	NAV Taxes	$	15,410.16		$	(147.76)	$	(634.05)	$	14,628.35	$	5,339.61	$	875.30	$	9,195.25	$	5,068.65	$	830.90	$	8,728.80	$	8,728.80	
2	2	Miami-Dade Tax Collector	12/03/21	NAV Taxes	$	126,520.80		$  (1,214.60)	$	(5,060.80)	$	120,245.40	$  43,844.80	$	7,186.40	$	75,489.60	$  41,670.10	$	6,829.95	$	71,745.35	$	71,745.35	
3	3	Miami-Dade Tax Collector	12/08/21	NAV Taxes	$	34,793.22		$	(334.01)	$	(1,391.72)	$	33,067.49	$  12,057.32	$	1,976.26	$	20,759.64	$  11,459.24	$	1,878.25	$	19,730.00	$	19,730.00	
4	4	Miami-Dade Tax Collector	12/20/21	NAV Taxes	$	11,070.57		$	(106.28)	$	(442.82)	$	10,521.47	$	3,836.42	$	628.81	$	6,605.34	$	3,646.12	$	597.60	$	6,277.75	$	6,277.75	
5	5	Miami-Dade Tax Collector	01/11/22	NAV Taxes	$	7,515.44		$	(73.02)	$	(213.70)	$	7,228.72	$	2,604.04	$	426.90	$	4,484.50	$	2,504.67	$	410.60	$	4,313.45	$	4,313.45	
6	6	Miami-Dade Tax Collector	02/07/22	NAV Taxes	$	1,581.51		$	(15.50)	$	(31.63)	$	1,534.38	$	548.06	$	89.83	$	943.62	$	531.68	$	87.15	$	915.55	$	915.55	
7									$	-							$	-	
8									$	-							$	-	
9									$	-							$	-	
10									$	-							$	-	
11									$	-							$	-	
12									$	-							$	-	
13									$	-							$	-	
14									$	-							$	-	
15									$	-							$	-	
					$	196,891.70	$	-	$ (1,891.17)	$	(7,774.72)	$  187,225.81	$  68,230.25	$  11,183.50	$  117,477.95	$ 64,880.46	$ 10,634.45	$ 111,710.90	$ 111,710.90	

Assessment Roll = $207,177.81	Note: $207,152, $71,795, $11,767, and $123,590 are 2021/2022 Budgeted	
		assessments before discounts and fees.	
Admin:	71,795.86	$194,723, $67,487, $11,061 and $116,175 are 2021/2022 Budgeted	
Maint:	11,767.73	assessments after discounts and fees.	
Debt:  123,614.22
Total  207,177.81
$	196,891.70
$	-	$  187,225.81	
$	(68,230.25)	$  (64,880.46)	
$	(11,183.50)	$  (10,634.45)	
$	-	$	-	
$  (117,477.95)	$ (111,710.90)	
$	-	$	-