PALM BEACH PLANTATION COMMUNITY DEVELOPMENT DISTRICT

PALM BEACH COUNTY REGULAR BOARD MEETING MARCH 18, 2026
4:00 P.M.

Special District Services, Inc.
The Oaks Center 2501A Burns Road
Palm Beach Gardens, FL 33410

www.palmbeachplantationcdd.org 561.630.4922 Telephone 877.SDS.4922 Toll Free 561.630.4923 Facsimile

AGENDA
PALM BEACH PLANTATION COMMUNITY DEVELOPMENT DISTRICT
Palm Beach Plantation Clubhouse 8751 Palm Beach Plantation Boulevard Royal Palm Beach, Florida 33411 REGULAR BOARD MEETING
March 18, 2026
4:00 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
September 17, 2025 Regular Board Meeting…	Page 2
Old Business
New Business
Consider Resolution No. 2026-01 – Adopting a Fiscal Year 2026/2027 Proposed Budget…	Page 5
Discussion Regarding Fountain Repair
Consider Approval of Attorneys Fee Adjustment – Billing Cochran	Page 12
Discussion Regarding Next Lake Bank Erosion Project
Administrative Matters
Board Member Comments
Adjourn

AFFIDAVIT OF PUBLICATION

LOCALiQ
The Gainesville Sun I The Ledger Daily Commercial I Ocala StarBanner News Chief I Herald-Tribune
News Herald I The Palm Beach Post Northwest Florida Daily News

PO Box 631244 Cincinnati, OH 45263-1244

PALM BEACH PLANTATION COMMUNITY DEVELOPMENT DISTRICT

Palm Beach Plantation Cdd Palm Beach Plantation Cdd 2501 BURNS RD
STEA

PALM BEACH GARDENS FL 334105207

STATE OF WISCONSIN, COUNTY OF BROWN

Before the undersigned authority personally appeared, who on oath says that he or she is the Legal Coordinator of the Palm Beach Post, published in Palm Beach County, Florida; that the attached copy of advertisement, being a Public Notices, was published on the publicly accessible website of Palm Beach County, Florida, or in a newspaper by print in the issues of, on:

WPB Palm Beach Post	10/03/2025 WPB palmbeachpost.com 10/03/2025

Affiant further says that the website or newspaper complies with all legal requirements for publication in chapter 50, Florida Statutes.
Subscribed and sworn to before me, by the legal clerk, who is personally known to me, on 10/03/2025

Leg,IC�/J�

Notary, St�ateof :C00nty�ofBn/jv�n
,-)��

Publication Cost:	$246.11	
Tax Amount:	$0.00	
Payment Cost:	$246.11	
Order No:	11699491	
Customer No:	730536	
PO#:		

My commission expires

# of Copies:
1

THIS lS NOT AN lNVOJCE!
Please do not use this form for payment remilianee.

FISCAL YEAR 2025/2026 REGULAR MEETING SCHEDULE
NOTICE IS HEREBY GIVEN that the
Board of Supervisors of the Palm Beach Plantation Community Devel-opment District will hold Regular Meetings for Fiscal Year 2025/2026 at 4:00 p.m. at the Palm Beach Plantation Clubhouse located at 8751 Palm Beach Plantation Boule-vard, Royal Palm Beach, Florida 33411,on:
October 15, 2025
November 19, 2025
December 17, 2025
January 21, 2026
February 18, 2026
March 18, 2026
Aprll 15, 2026
May 20, 2026
June 17, 2026
July 15, 2026
August 19, 2026
September 16, 2026
The purpose of the meetings is to conduct any business coming before the Board. Meetings are open to the public and will be conducted in accordance with the provisions of Florida law. Copies of agendas for any of the meetings may be obtained on the District's website or by contacting the District Manager at (561) 630-4922 and/or toll-free at 1-877-737-4922 prior to the date of the particular meeting.
From time to time one or more Supervisors may participate by telephone; therefore a speaker telephone will be present at the meeting location so that Supervi-sors may be fully informed of the discussions taking place. Meetings may be continued as found neces-sary to a time and place specified on the record.
If any person decides to appeal any decision made with respect to any matter considered at these meet-ings, 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 testi-mony and evidence on which the appeal is based.
In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accommodations or an interpreter to participate at any of these meet-ings should contact the District Manager at (561) 630-4922 and/or toll free 1-877-737-4922 at least seven (7) days prior to the date of the particular meeting.
Meetings may be cancelled from time to time without advertised notice.
PALM BEACH PLANTATION COMMUNITY DEVELOPMENT DISTRICT
www.palmbeachplantatloncdd.org
10/3/25 #11699491

KONGMENG YANG
Notary Public State of Wisconsin

Page 1 of 1

PALM BEACH PLANTATION COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING SEPTEMBER 17, 2025

CALL TO ORDER

District Manager Michael McElligott called to order the Regular Board Meeting of the Palm Beach Plantation Community Development District on September 17, 2025, at 4:00
p.m. in the Palm Beach Plantation Clubhouse located at 8751 Palm Beach Plantation Boulevard, Royal Palm Beach, Florida 33411.

PROOF OF PUBLICATION

Mr. McElligott presented proof of publication that notice of the Regular Board Meeting had been published in The Palm Beach Post on September 30, 2024, as legally required.

ESTABLISH A QUORUM

Present and constituting a quorum were Richard Feltz, Bob Vey, Rebecca Delgado, and Peter Holbrook.

Staff in attendance were District Managers Michael McElligott of Special District Services, Inc., and District Counsel Michael J. Pawelczyk of Billing, Cochran, Lyles, Mauro & Ramsey, P.A.
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 21, 2025, Regular Board Meeting & Public Hearing
Mr. McElligott presented the minutes of the May 21, 2025, Regular Board Meeting & Public Hearing and asked if there were any changes or corrections. Mrs. Delgado pointed out that under section “H” the word business is misspelled. A motion was made by Mr. Vey, seconded by Mrs. Delgado that the minutes of the May 21, 2025, Regular Board Meeting & Public Hearing be approved, as amended. That motion passed unanimously.

OLD BUSINESS

There was no old business.

PALM BEACH PLANTATION COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING SEPTEMBER 17, 2025

NEW BUSINESS

Consider Resolution No. 2025-05 – Adopting a Fiscal Year 2024/2025 Amended Budget

Mr. McElligott presented Resolution No. 2025-05, entitled:

RESOLUTION NO. 2025-05

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE PALM BEACH PLANTATION COMMUNITY DEVELOPMENT DISTRICT AUTHORIZING AND ADOPTING AN AMENDED FINAL FISCAL YEAR 2024/2025 BUDGET (“AMENDED BUDGET”), PURSUANT TO CHAPTER 189, FLORIDA STATUTES; AND PROVIDING AN EFFECTIVE DATE.

Mr. McElligott reminded the Board that this is a required look back comparison of the actual expenses of the district versus the budgeted amounts. There was a brief discussion among the Board and Mr. McElligott answered any questions.
A motion was then made by Mr. Vey, seconded by Mr. Holbrook to approve Resolution no. 2025-05 as presented. That motion passed unanimously.
Consider Resolution No. 2025-06 – Adopting Goals and Objectives Annual Report
Mr. McElligott presented Resolution No. 2025-06, entitled:
RESOLUTION NO. 2025-06
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE PALM BEACH PLANTATION COMMUNITY DEVELOPMENT DISTRICT ADOPTING AN ANNUAL REPORT OF GOALS, OBJECTIVES, AND PERFORMANCE MEASURES AND STANDARDS; PROVIDING A SERVABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

Mr. McElligott explained that due to a new statutory requirement, the Board adopted Goals & Objectives & Performance Measures last year and now, annually, we will

PALM BEACH PLANTATION COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING SEPTEMBER 17, 2025

review how we did with them. Mr. McElligott pointed to the annual report in the meeting materials and stated that the District achieved all of its goals and objectives over the last year.

After a brief discussion among the Board, there was a motion by Mr. Vey, seconded by Mr. Holbrook, to approve resolution No. 2025-06 – Adopting Goals & Objectives Annual Report as presented. The motion carried 4-0.

Memo 2023 Legislative Update

Mr. Cochran pointed the Board to the memo in the meeting materials. He went over any items that might affect CDD’s like Palm Beach Plantation CDD. There was a brief discussion, but there was no action required.

I	ADMINISTRATIVE MATTERS
1. Legislative Update Memo - BCLMR
Mr. Pawelczyk presented the Legislative Update Memo in the meeting book and went over the items for the Board and answered any questions. There was no further action required.

BOARD MEMBER COMMENTS
Mr. Holbrook asked about the lake erosion projects the District has done and will do. Mr. McElligott went over the history and the plans for going forward and the process the Board has used.

ADJOURNMENT
There being no further business to come before the Board, a motion was made by Mr. Vey, seconded by Mr. Holbrook to adjourn the Regular Board Meeting at 4:30 p.m. That motion passed unanimously.

Secretary/Asst. Secretary	Chair/Vice Chair

RESOLUTION NO. 2026-01

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE PALM BEACH PLANTATION COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2026/2027; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Board of Supervisors (“Board”) of the Palm Beach Plantation 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 PALM BEACH PLANTATION 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 May 20, 2026 at 4:00 p.m. in the Palm Beach Plantation Clubhouse, 8751 Palm Beach Plantation Boulevard, Royal Palm Beach, Florida 33411, for the purpose of receiving public comments on the Proposed Fiscal Year 2026/2027 Budget.

PASSED, ADOPTED and EFFECTIVE this 18th day of March, 2026.

ATTEST:	PALM BEACH PLANTATION COMMUNITY DEVELOPMENT DISTRICT

By:			By:		 Secretary/Assistant Secretary			Chairman/Vice Chairman

Palm Beach Plantation 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
PALM BEACH PLANTATION COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

REVENUES	
FISCAL YEAR 2026/2027
BUDGET	
O & M Assessments	166,915	
Debt Assessments	474,421	
Other Revenues	0	
Interest Income	1,500	
		
TOTAL REVENUES	$	642,836	
		
Discounts For Early Payments	(25,636)	
		
TOTAL NET REVENUES	$	617,200	
		
EXPENDITURES		
Supervisor Fees	7,000	
Payroll Taxes	560	
Maintenance	6,000	
Engineering/Inspections	10,000	
Management	40,296	
Secretarial	4,200	
Legal	8,500	
Assessment Roll	3,000	
Audit Fees	3,700	
Arbitrage Calculation Report Fee	650	
Insurance	8,100	
Legal Advertisements	1,400	
Miscellaneous	800	
Postage	250	
Office Supplies	575	
Dues & Subscriptions	175	
Trustee Fees	4,100	
Website Management	1,250	
Reserve/Contingency	53,700	
County Appraiser & Tax Collector Fee	7,500	
		
TOTAL EXPENDITURES	$	161,756	
		
REVENUES LESS EXPENDITURES	$	455,444	
		
Bond Payments	(455,444)	
		
EXCESS/ (SHORTFALL)	$	-	

Notes
Fund Balance As Of 9-30-25: $45,000 Plus Reserve/Contingency $183,465
Estimated Fund Balance As Of 9-30-26: $45,000 Plus Reserve/Contingency (Estimated At $236,765)

DETAILED PROPOSED BUDGET
PALM BEACH PLANTATION 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	
O & M Assessments	164,219	166,902	166,915	Expenditures Less Interest/.96	
Debt Assessments	479,906	476,193	474,421	Bond Payments/.96	
Other Revenues	0	0	0		
Interest Income	8,430	1,200	1,500	Projected At $125 Per Month	
					
TOTAL REVENUES	$	652,555	$	644,295	$	642,836		
					
Discounts For Early Payments	(24,087)	(25,725)	(25,636)	Four Percent Of Total Assessment Roll	
					
TOTAL NET REVENUES	$	628,468	$	618,570	$	617,200		
					
EXPENDITURES					
Supervisor Fees	5,400	7,000	7,000	Supervisor Fees	
Payroll Taxes	290	560	560	Projected At 8 Percent Of Supervisor Fees	
Maintenance	0	7,500	6,000	$1,500 Decrease From 2025/2026 Budget	
Engineering/Inspections	0	10,000	10,000	No Change From 2025/2026 Budget	
Management	38,136	39,240	40,296	CPI Adjustment	
Secretarial	4,200	4,200	4,200	No Change From 2025/2026 Budget	
Legal	7,903	8,500	8,500	No Change From 2025/2026 Budget	
Assessment Roll	3,000	3,000	3,000	No Change From 2025/2026 Budget	
Audit Fees	3,500	3,600	3,700	Accepted Amount For 2025/2026 Audit	
Arbitrage Calculation Report Fee	650	650	650	No Change From 2025/2026 Budget	
Insurance	7,202	7,700	8,100	Fiscal Year 2025/2026 Expenditure Was For $7,634	
Legal Advertisements	414	1,500	1,400	$100 Decrease From 2025/2026 Budget	
Miscellaneous	490	800	800	No Change From 2025/2026 Budget	
Postage	50	250	250	No Change From 2025/2026 Budget	
Office Supplies	182	600	575	$25 Decrease From 2025/2026 Budget	
Dues & Subscriptions	175	175	175	No Change From 2025/2026 Budget	
Trustee Fees	4,080	4,100	4,100	No Change From 2025/2026 Budget	
Website Management	1,250	1,250	1,250	No Change From 2025/2026 Budget	
Reserve/Contingency	0	53,300	53,700	Reserve/Contingency	
County Appraiser & Tax Collector Fee	3,446	7,500	7,500	County Appraiser & Tax Collector Fee	
					
TOTAL EXPENDITURES	$	80,368	$	161,425	$	161,756		
					
REVENUES LESS EXPENDITURES	$	548,100	$	457,145	$	455,444		
					
Bond Payments	(460,535)	(457,145)	(455,444)	2027 P & I Payments Less Earned Interest	
					
EXCESS/ (SHORTFALL)	$	87,565	$	-	$	-		
Notes
Fund Balance As Of 9-30-25: $45,000 Plus Reserve/Contingency $183,465
Estimated Fund Balance As Of 9-30-26: $45,000 Plus Reserve/Contingency (Estimated At $236,765)

DETAILED PROPOSED DEBT SERVICE FUND BUDGET PALM BEACH PLANTATION 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	
13,003	
1,000	
1,600	
Interest For FY 2026/2027	

NAV Tax Collection	
460,535	
457,145	
455,444	

2027 P & I Payments Less Earned Interest	

Prepaid Bond Collection	
4,925	
0	
0		

Total Revenues	
$	478,463	
$	458,145	
$	457,044		

EXPENDITURES					

Principal Payments	
345,000	
355,000	
370,000	
Principal Payment Due In 2027	

Interest Payments	
122,731	
103,145	
87,044	
Interest Payments Due In 2027	

Total Expenditures	
$	467,731	
$	458,145	
$	457,044		

Excess/ (Shortfall)	
$	10,732	
$	-	
$	-		

Series 2014 Bond Refunding Information
Original Par Amount =	$5,940,000	Annual Principal Payments Due =	May 1st	
Interest Rate =	3.940%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =	March 2014			
Maturity Date =

Par Amount As Of 1-1-26 =	May 2029

$2,745,000			

Principal Amount Due In May 2029: $1,630,000 ($405,000 - Regular Payment & $1,225,000 - Balloon Payment)

III

Page 11

Palm Beach Plantation Community Development District Assessment Comparison

Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year
2022/2023	2023/2024	2024/2025	2025/2026	2026/2027
	Assessment*	 	Assessment*	 	Assessment*	 	Assessment*	 	Projected Assessment*	

O & M For Lot Size 45	$	201.03	$	278.21	$	272.79	$	278.18	$	278.20	
Debt For Lot Size 45	$	765.43	 $	760.62	 $	762.30	 $	756.68	 $	756.20	
Total	$	966.46	$	1,038.83	$	1,035.09	$	1,034.86	$	1,034.40	
O & M For Lot Size 65+70	$	201.03	$	278.21	$	272.79	$	278.18	$	278.20	
Debt For Lot Size 65+70	$	850.14	 $	847.89	 $	852.87	 $	846.60	 $	846.57	
Total	$	1,051.17	$	1,126.10	$	1,125.66	$	1,124.78	$	1,124.77	

* Assessments Include the Following :		One New 45 Prepayer in 25/26 For The 26/27 Roll.
4% Discount for Early Payments
1% County Tax Collector Fee	Now 5 Prepayers (3 65/70's and 2 45's)
1% County Property Appraiser Fee

Community Information:		
45 Foot Lots	326	
65/70 Foot Lots	274	
Total Units	600	

45 Foot Lots Information		
Total Units	326		
Prepayments	2		
Billed For Debt	324		
65/70 Foot Lots Information			
Total Units	274		
Prepayments	3		
Billed For Debt	271		

IV

�AW OFF! HS
BILLING@COCHRAN
ESTABLISHED 19n

KENNETH W, MORGAN, JR. MICHAEL J, PAWELCZYK MANUEL R. CDMRAS ANDREW A. RIEF
JEFFERY R, LAWLEY GINGER E, WALD SCOTT C, COCHRAN
ALINE 0, MARCANTONIO JOHN C, WEBBER

STEVEN F, BILLING (1947-1998)

BILLING COCHRAN, P,A,
LA 5 OLAS SQUARE, SUITE 600
515 EAST LAS OLAS BOULEVARD FORT LAUDERDALE, FLORIDA 33301
(954) 764-7150
(954) 764-7279 FAX

PGA NATIONAL OFFICE CENTER
300 AVENUE OF THE CHAMPIONS, SUITE 270 PALM BEACH GARDENS, FLORIDA 33418
(561) 659-5970
(561) 659-6173 FAX

CHRISTINE A, BROWN GABRIELLA A. FERNANDEZ PEREZ
MARLENE E;, GONZALEZ LORI B. LEWHLEN LIZA E. SMOKER LUCAS A, WILLIAMS

Of COUNSEL: CLARK l, COCHRAN, JR.
SUSAN F, DELE;GAL DENNISE. LYLES BRUCE M. RAl'ISEV

HAYWARD D, GAV (19◄3-2007)		

RICHARD "I. WOULFE

"(WW .BJLLINGCOC HRAN .COM PLEASE REPLY TO: FORT LAUDERDALE

February 2, 2026

VIA E-MAIL ONLY-MMcElligott@sdsinc.org Mr. Michae.1 McElligott
District Manager
Special District Services The Oaks Center
2501A Burns Road
Palm Beach Gardens FL 33410

Re:	Adjustment to District Counsel Fee Structure
Palm Beach Plantation Community Development District Our File: 576.03499
Dear Michael:
This firm s current fee strncture has been in place since 2023. Although we are certainly mindful of the necessity to keep increases in the District s expenses, including the cost of legal services to a minimum� it has become necessary for us to adjust our hourly rates effective, October L 2026, as follows:

Attomeys/Pat1ners:
Attorneys/Associates:

$300.00 per hour
$250.00 per hour

This hourly fee strncture will be adjusted on a periodic basis in connection with the District s budget process no later than every third Fiscal Year to reflect changes in the Consumer Price Jndex published by the U.S. Department of Labor.

Mr. Michael McElligott February 2 2026 Page2

Naturally should you feel you have any questions or require any finiher information in support ofthis adjustment you should feel free to contact me at your convenience. As I think you are aware, we very much appreciate the opportunity to serve as District Counsel as well as your courtesy and cooperation with regard to the necessity of what we believe to be both infrequent and reasonable adjustments to our schedule of professional fees.

MJP/jmp
cc: Brielle Barba SDS (via email only)