VENETIAN PARC COMMUNITY DEVELOPMENT DISTRICT

MIAMI-DADE COUNTY REGULAR BOARD MEETING
& PUBLIC HEARING
JULY 25, 2019
6:00 P.M.

Special District Services, Inc.
6625 Miami Lakes Drive, Suite 374 Miami Lakes, FL 33014

www.venetianparccdd.org 305.777.0761 Telephone 877.SDS.4922 Toll Free 561.630.4923 Facsimile

AGENDA
VENETIAN PARC COMMUNITY DEVELOPMENT DISTRICT
Venetian Parc Community Clubhouse Meeting Room 15351 SW 175th Street, Miami, Florida 33187
REGULAR BOARD MEETING & PUBLIC HEARING
July 25, 2019
6:00 p.m.

Call to Order
Proof of Publication…	Page 1
Establish Quorum
Discussion Regarding Resignation (Developer Rep) and Appointment (Developer Rep)
Administer Oath of Office and Review Board Member Duties and Responsibilities
Election of Officers
Chairperson
Vice Chairperson
Secretary Treasurer
Assistant Secretaries
Additions or Deletions to Agenda
Comments from the Public for Items Not on the Agenda
Approval of Minutes
1.	May 9, 2019 Regular Board Meeting.	Page 2
Public Hearing
Proof of Publication.	Page 6
Receive Public Comments on Fiscal Year 2019/2020 Final Budget and Assessments
Consider Resolution No. 2019-02 – Adopting a Fiscal Year 2019/2020 Final Budget.	Page 7
Old Business
1.	Staff Report: As Required
New Business
1.	Consider Resolution No. 2019-03 – Adopting the Fiscal Year 2019/2020 Meeting Schedule. Page 15
Administrative & Operational Matters
Statement of Financial Interests 2018 Form 1 – Submittal Deadline was July 1, 2019
Staff Report as Required
Board Member & Staff Closing Comments
Adjourn

MIAMI DAILY BUSINESS REVIEW
Published Daily except Saturday, Sunday and Legal Holidays
Miami, Miami-Dade County, Florida

STATE OF FLORIDA COUNTY OF MIAMI-DADE:

Before the undersigned authority personally appeared GUILLERMO GARCIA, who on oath says that he or she is the DIRECTOR OF OPERATIONS, Legal Notices of the Miami Daily

Business Review f/k/a Saturday,	Sunday published at Miami in

Miami   Review,   a    daily    (except and Legal Holidays) newspaper, Miami-Dade County, Florida; that the

attached  copy  of  advertisement,  being  a   Legal  Advertisement of Notice in the matter of

VENETIAN PARC COMMUNITY DEVELOPMENT DISTRICT - REVISED FISCAL YEAR 2018/2019 REGULAR MEETING SCHEDULE

in the XXXX Court,
was published in said newspaper in the issues of 05/13/2019

Affiant   further  says  that  the  said	Miami Daily Business Review is a newspaper published at Miami, in said Miami-Dade County,  Florida  and  that  the  said  newspaper  has  heretofore been continuously published in said Miami-Dade County,  Florida each  day  (except  Saturday,  Sunday  and   Legal Holidays)   and has  been  entered  as  second  class  mail  matter  at   the  post office in  Miami  in  said  Miami-Dade  County,  Florida,  for  a period of one year next preceding the  first  publication  of  the  attached copy  of  advertisement;  and  affiant  further  says  that  he or  she has neither  paid  nor  promised  any  person,  firm  or  corporation any discount,  rebate,  ccmmission  or  refund  for  the  purpose  of this    advertisement	for	publication	in    the	said

GUILLERMO GARCIA personally known to me

BARBARA THOMAS
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VENETIAN PARC COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING
MAY 9, 2019

CALL TO ORDER

District Manager Neil Kalin called the May 9, 2019, Regular Board Meeting of the Venetian Parc Community Development District (the “District”) to order at 1:59 p.m. in the Conference Room located at 8500 S.W. 8th Street, Suite 228, Miami, Florida 33144.

PROOF OF PUBLICATION

Mr. Kalin presented proof of publication that notice of the Regular Board Meeting had been published in the Miami Daily Business Review on September 28, 2018, as legally required.

ESTABLISH A QUORUM

Mr. Kalin stated that the attendance of Chairperson Sergio Valdes and Supervisors Aaron Heinrich, Rachel Hernandez and Eugene Collings-Bonfill constituted a quorum and it was in order to proceed with the meeting.

Others in attendance were: District Managers Neil Kalin & Nancy Nguyen of Special District Services, Inc.; and General Counsel Ginger Wald of Billing, Cochran, Lyles, Mauro & Ramsey, P.A.

Also present were: Bianca Fernandez, Miami, Florida; James and Theresa Cooper, Miami, Florida and Carlos Rojas, Miami, Florida.

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
April 22, 2019, Special Board Meeting

Mr. Kalin presented the minutes of the April 22, 2019, Special Board Meeting and asked if there were any changes. There being no comments or changes, a motion was made by Mr. S. Valdes, seconded by Mr. Collings-Bonfill and passed unanimously approving the minutes of the April 22, 2019, Special Board Meeting, as presented.

OLD BUSINESS
Staff Report, as Required

There was no Staff Report at this time.

NEW BUSINESSS

Discussion Regarding Clubhouse Acquisition and Financing Plan

Mr. S. Valdes explained that the Venetian Parc Homeowners’ Association, Inc. (the “Association”) had officially taken over the Association from the Developer and the Association was exploring the opportunity to acquire the Venetian Parc Club (the “Club”), as defined in the recorded Venetian Parc Club, Club Plan or facilitate the acquisition of the Venetian Parc Club by the homeowner controlled District. The Association is currently reviewing financing opportunities and it is anticipated that the Association will complete their financial evaluation to purchase the Club within the next thirty (30) days. After this referenced time frame, a determination will be made by the Association as to whether or not the District will be requested to assist in the purchase/acquisition of the Club. More information regarding this matter will be provided at a future meeting.

Consider Resolution No. 2019-01 – Adopting a Fiscal Year 2019/2020 Proposed Budget

Resolution No. 2019-01 was presented, entitled:

RESOLUTION NO. 2019-01

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE VENETIAN PARC COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET AND NON-AD VALOREM SPECIAL ASSESSMENTS FOR FISCAL YEAR 2019/2020; AND PROVIDING AN EFFECTIVE DATE.

Mr. Kalin read the title of the resolution into the record and stated that due to the potential for the District to acquire the Venetian Parc Club (the “Club”), the proposed 2019/2020 Fiscal Year Budget included operations and maintenance assessments to run and manage the Club and also included the debt service assessments to pay for special assessment bonds that could potentially be issued to finance the District’s purchase of the Club. Since there is the potential for overall assessments to increase, Mr. Kalin advised that letters to the residents would be required. Should the Association advise the District that private financing to acquire the Club be implemented by the Association, then, the Club Debt and O&M assessments would be eliminated from the 2019/2020 Fiscal Year Budget; consequently, lowering the assessments to an amount equal to or no greater than the previous fiscal year. Therefore, letters to the residents, would not be required. In addition, as part of adopting Resolution No. 2019-01, the Board must set a public hearing date to adopt the final budget and final assessment roll. A discussion ensued after which;

A motion was made by Mr. S. Valdes, seconded by Mr. Collings-Bonfill and passed unanimously to approve and adopt Resolution No. 2019-01, as presented, setting the public hearing to adopt the 2019/2020 Fiscal Year Final Budget and assessment roll for July 25, 2019, at 6:00 p.m. in the Venetian Parc Community Clubhouse Meeting Room located at 15351 SW 175th Street, Miami, Florida 33187; and further authorizes publication of the public hearing, as required by law.

Consider Engineer’s Report – 2019 Club Report

This item was deferred.

Consider Master Methodology Report – 2019 Club Report

This item was deferred.

Consider Resolution No. 2019-02 – Authorizing Bond Resolution

This item was deferred.

Consider Resolution No. 2019-03 – Declaring the Levy of Special Assessments

This item was deferred.

Consider Resolution No. 2019-04 – Setting a Public Hearing to Levy, Collect and Enforce Special Assessments

This item was deferred.

Mr. Kalin, as a result of ongoing matters related to the potential for the District to acquire the Club, recommended considering revising the 2018/2019 Fiscal Year Regular Meeting Schedule. A discussion ensued after which:

A motion was made by Mr. S. Valdes, seconded by Mr. Collings-Bonfill and passed unanimously to approve, adopt and publish, as legally required, a revised 2018/2019 Fiscal Year Regular Meeting as follows:

May 23, 2019
May 30, 2019
June 6, 2019
June 27, 2019
July 11, 2019
July 25, 2019
August 8, 2019
August 29, 2019
September 10, 2019
September 26, 2019

All meetings will be held at 6:00 p.m. in the Venetian Parc Community Clubhouse Meeting Room located at 15351 SW 175th Street, Miami, Florida 33187.

Consider Resolution No. 2019-05 – Approving Operating Account Check Signers Resolution No. 2019-05 was presented, entitled:
RESOLUTION NO. 2019-05

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE VENETIAN PARC COMMUNITY DEVELOPMENT DISTRICT, AUTHORIZING THE ESTABLISHMENT OF A DISTRICT CHECKING/OPERATING ACCOUNT, DESIGNATING DISTRICT OFFICIALS AND/OR AUTHORIZED STAFF TO REVIEW, APPROVE AND ISSUE PAYMENT OF EXPENDITURES, SELECTING THE SIGNATORIES THEREOF; AND PROVIDING AN EFFECTIVE DATE.

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

A motion was made by Mr. Collings-Bonfill, seconded by Ms. Hernandez and passed unanimously to approve Resolution No. 2019-05, as presented, naming Todd Wodraska, Jason Pierman, Patricia LasCasas, Armando Silva, Neil Kalin and Sergio Valdes to serve as signatories on the District’s checking/operating account.

ADMINISTRATIVE & OPERATIONAL MATTERS
Consider Greenberg Traurig Proposal Related to Special Assessment Bonds, Series 2019 (Club Acquisition)

This item was deferred.

Discussion Regarding Certificate of Completion – Assessment Area One and Assessment Area Two

Mr. Kalin advised that he had contacted the District’s Engineer regarding the Certificate of Completion for the 2016 Project. More information will be provided regarding this matter at a future meeting.

Staff Report, as Required

There was no Staff Report at this time.

BOARD MEMBER & STAFF CLOSING COMMENTS

Mr. Kalin reminded the Board that, at the earliest, they would not meet again until May 30, 2019.

ADJOURNMENT

There being no further business to come before the Board, the May 9, 2019, Regular Board Meeting was adjourned at 2:33 p.m. on a motion made by Mr. S. Valdes, seconded by Mr. Collings-Bonfill and passed unanimously.

Secretary/Assistant Secretary	Chairperson/Vice Chairperson

MIAMI DAILY BUSINESS REVIEW
Published Daily except Saturday, Sunday and Legal Holidays
Miami, Miami-Dade County, Florida

STATE OF FLORIDA COUNTY OF MIAMI-DADE:

Before the undersigned authority personally appeared GUILLERMO GARCIA, who on oath says that he or she is the DIRECTOR OF OPERATIONS, Legal Notices of the Miami Daily

Business Saturday, published

Review    f/k/a    Miami    Review,    a   daily		(except Sunday	and	Legal	Holidays)	newspaper,
at   Miami   in   Miami-Dade   County,   Florida;   that  the

attached  copy  of  advertisement,  being  a   Legal  Advertisement of Notice in the matter of

NOTICE OF PUBLIC HEARING AND REGULAR BOARD MEETING OF THE VENETIAN PARC COMMUNITY DEVELOPMENT DISTRICT - JUL. 25, 2019

in the XXXX Court,
was published in said newspaper in the issues of 07/05/2019 07/12/2019

Affiant   further  says  that  the  said	Miami Daily Business Review is a newspaper published at Miami, in said Miami-Dade County,  Florida  and  that  the  said  newspaper  has  heretofore been continuously published in said  Miami-Dade County,  Florida each  day  (except  Saturday,  Sunday  and   Legal Holidays)   and has  been  entered  as  second  class  mail  matter  at   the   post office  in  Miami  in  said  Miami-Dade  County,  Florida,  for a  period of one year next preceding  the  first  publication  of the  attached copy of  advertisement;  and  affiant  further  says  that  he  or  she has  neither  paid  nor  promised  any  person,  firm or  corporation any discount,  rebate,  commission  or  refund  for  the  purpose  of this	advertisement	for	publication	in    the	said

GUILLERMO GARCIA personally known to me

•••,-:. 'v$Jf!:,, BARBARA THOMAS
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RESOLUTION NO. 2019-02

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE VENETIAN PARC COMMUNITY DEVELOPMENT DISTRICT APPROVING AND ADOPTING A FISCAL YEAR 2019/2020 FINAL BUDGET INCLUDING NON-AD VALOREM SPECIAL ASSESSMENTS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Venetian Parc Community Development District (the “District”) has prepared a Proposed Budget and Final Special Assessment Roll for Fiscal Year 2019/2020 and has held a duly advertised Public Hearing to receive public comments on the Proposed Budget and Final Special Assessment Roll; and

WHEREAS, following the Public Hearing and the adoption of the Proposed Budget and Final Assessment Roll, the District is now authorized to levy non-ad valorem assessments upon the properties within the District.

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

Section 1. The Final Budget and Final Special Assessment Roll for Fiscal Year 2019/2020 attached hereto as Exhibit “A” is approved and adopted, and the assessments set forth therein shall be levied.

Section 2. The 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 25th day of July, 2019.

ATTEST:	VENETIAN PARC
COMMUNITY DEVELOPMENT DISTRICT

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

Venetian Parc Community Development District

Final Budget For Fiscal Year 2019/2020
October 1, 2019 - September 30, 2020

CONTENTS

FINAL BUDGET

DETAILED FINAL BUDGET

DETAILED FINAL DEBT SERVICE FUND BUDGET (AREA ONE) IV         DETAILED FINAL DEBT SERVICE FUND BUDGET (AREA TWO)  V	ASSESSMENT COMPARISON

FINAL BUDGET
VENETIAN PARC COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2019/2020
OCTOBER 1, 2019 - SEPTEMBER 30, 2020

REVENUES	
FISCAL YEAR 2019/2020 BUDGET	
Administrative Assessments	73,553	
Maintenance Assessments	48,031	
Debt Assessments (Area One)	458,173	
Debt Assessments (Area Two)	457,015	
Interest Income	240	
		
TOTAL REVENUES	$1,037,012	
		
EXPENDITURES		
ADMINISTRATIVE EXPENDITURES		
Supervisor Fees	0	
Payroll Taxes (Employer)	0	
Management	26,880	
Legal	10,500	
Assessment Roll	10,000	
Audit Fees	3,700	
Insurance	7,500	
Legal Advertisements	850	
Miscellaneous	1,200	
Postage	325	
Office Supplies	650	
Dues & Subscriptions	175	
Website Management	2,000	
Arbitrage Rebate Fee - Area One	650	
Arbitrage Rebate Fee - Area Two	650	
Trustee Fee - Area One	3,550	
Trustee Fee - Area Two	3,550	
Continuing Disclosure Fee - Area One	500	
Continuing Disclosure Fee - Area Two	500	
Administrative Contingency	1,200	
TOTAL ADMINISTRATIVE EXPENDITURES	$74,380	
		
MAINTENANCE EXPENDITURES		
Park Maintenance Tract N	17,160	
Field Operations Management	1,320	
Community Entrance Signage Maintenance	4,200	
Street/Roadway Maintenance	2,600	
Electric Power Service/Misc	2,100	
Engineering/Annual Report/Inspections	1,500	
Irrigation System Maintenance & Upkeep	0	
Mulch & Other Ground Cover/Annuals	0	
Tree/Plant Replacement/Pruning	0	
Tract Lawn & Landscape Services	0	
Tract Lawn Fertilizer & Pest Control	0	
General Maintenance	3,750	
Maintenance Contingency	7,500	
Storm Preparedness	5,020	
TOTAL MAINTENANCE EXPENDITURES	$45,150	
		
TOTAL EXPENDITURES	$119,530	
		
REVENUES LESS EXPENDITURES	$917,482	
		
Bond Payments - Area One	(430,682)	
Bond Payments - Area Two	(429,594)	
		
BALANCE	$57,206	
		
County Appraiser & Tax Collector Fee	(20,735)	
Discounts For Early Payments	(41,471)	
		
EXCESS/ (SHORTFALL)	($5,000)	
		
Carryover From Prior Year	5,000	
		
NET EXCESS/ (SHORTFALL)	$0	

DETAILED FINAL BUDGET
VENETIAN PARC COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2019/2020
OCTOBER 1, 2019 - SEPTEMBER 30, 2020

REVENUES	
FISCAL YEAR 2017/2018 ACTUAL	
FISCAL YEAR 2018/2019 BUDGET	
FISCAL YEAR 2019/2020 BUDGET	

COMMENTS	
Administrative Assessments	61,708	79,359	73,553	Expenditures Less Interest & Carryover/.94	
Maintenance Assessments	32,447	42,287	48,031	Expenditures/.94	
Debt Assessments (Area One)	458,173	458,173	458,173	Bond Payments/.94	
Debt Assessments (Area Two)	457,015	457,015	457,015	Bond Payments/.94	
Interest Income	268	240	240	Projected At $20 Per Month	
					
TOTAL REVENUES	$1,009,611	$1,037,074	$1,037,012		
					
EXPENDITURES					
ADMINISTRATIVE EXPENDITURES					
Supervisor Fees	0	0	0	Supervisor Fees	
Payroll Taxes (Employer)	0	0	0	Supervisor Fees * 7.65%	
Management	25,848	26,388	26,880	CPI Adjustment	
Legal	7,048	11,000	10,500	$500 Decrease From 2018/2019 Budget	
Assessment Roll	10,000	10,000	10,000	As Per Contract	
Audit Fees	3,900	4,000	3,700	Accepted Amount For 2018/2019 Audit	
Insurance	5,750	8,400	7,500	Insurance Estimate	
Legal Advertisements	618	850	850	No Change From 2018/2019 Budget	
Miscellaneous	652	1,200	1,200	No Change From 2018/2019 Budget	
Postage	414	325	325	No Change From 2018/2019 Budget	
Office Supplies	776	600	650	$50 Increase From 2018/2019 Budget	
Dues & Subscriptions	175	175	175	No Change From 2018/2019 Budget	
Website Management	1,500	1,500	2,000	$500 Increase From 2018/2019 Budget	
Arbitrage Rebate Fee - Area One	650	650	650	No Change From 2018/2019 Budget	
Arbitrage Rebate Fee - Area Two	650	650	650	No Change From 2018/2019 Budget	
Trustee Fee - Area One	3,500	3,600	3,550	$50 Decrease From 2018/2019 Budget	
Trustee Fee - Area Two	3,500	3,600	3,550	$50 Decrease From 2018/2019 Budget	
Continuing Disclosure Fee - Area One	500	500	500	No Change From 2018/2019 Budget	
Continuing Disclosure Fee - Area Two	500	500	500	No Change From 2018/2019 Budget	
Administrative Contingency	0	900	1,200	Administrative Contingency	
TOTAL ADMINISTRATIVE EXPENDITURES	$65,981	$74,838	$74,380		
					
MAINTENANCE EXPENDITURES					
Park Maintenance Tract N	14,293	16,200	17,160	$960 Increase From 2018/2019 Budget	
Field Operations Management	750	900	1,320	$420 Increase From 2018/2019 Budget	
Community Entrance Signage Maintenance	0	4,200	4,200	No Change From 2018/2019 Budget	
Street/Roadway Maintenance	0	2,600	2,600	No Change From 2018/2019 Budget	
Electric Power Service/Misc	1,518	2,100	2,100	No Change From 2018/2019 Budget	
Engineering/Annual Report/Inspections	970	1,500	1,500	No Change From 2018/2019 Budget	
Irrigation System Maintenance & Upkeep	0	0	0		
Mulch & Other Ground Cover/Annuals	0	0	0		
Tree/Plant Replacement/Pruning	0	0	0		
Tract Lawn & Landscape Services	0	0	0		
Tract Lawn Fertilizer & Pest Control	0	0	0		
General Maintenance	0	3,750	3,750	No Change From 2018/2019 Budget	
Maintenance Contingency	0	2,500	7,500	$5,000 Increase From 2018/2019 Budget	
Storm Preparedness	0	6,000	5,020	$980 Decrease From 2018/2019 Budget	
TOTAL MAINTENANCE EXPENDITURES	$17,531	$39,750	$45,150		
					
TOTAL EXPENDITURES	$83,512	$114,588	$119,530		
					
REVENUES LESS EXPENDITURES	$926,099	$922,486	$917,482		
					
Bond Payments - Area One	(436,262)	(430,682)	(430,682)	2020 P & I Payments Less Earned Interest	
Bond Payments - Area Two	(435,517)	(429,594)	(429,594)	2020 P & I Payments Less Earned Interest	
					
BALANCE	$54,320	$62,210	$57,206		
					
County Appraiser & Tax Collector Fee	(9,708)	(20,737)	(20,735)	Two Percent Of Total Assessment Roll	
Discounts For Early Payments	(38,118)	(41,473)	(41,471)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$6,494	$0	($5,000)		
					
Carryover From Prior Year	0	0	5,000	Carryover From Prior Year	
					
NET EXCESS/ (SHORTFALL)	$6,494	$0	$0		

DETAILED FINAL DEBT SERVICE FUND (AREA ONE) BUDGET
VENETIAN PARC COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2019/2020
OCTOBER 1, 2019 - SEPTEMBER 30, 2020

REVENUES	FISCAL YEAR 2017/2018 ACTUAL	FISCAL YEAR 2018/2019 BUDGET	FISCAL YEAR 2019/2020 BUDGET	

COMMENTS	

Interest Income	
6,957	
200	
300	
Projected Interest For 2019/2020	

NAV Tax Collection	
436,262	
430,682	
430,682	
Maximum Debt Service Collection	

Total Revenues	
$443,219	
$430,882	
$430,982		

EXPENDITURES					

Principal Payments	
80,000	
90,000	
90,000	
Principal Payment Due In 2020	

Interest Payments	
336,425	
328,925	
328,925	
Interest Payments Due In 2020	

Bond Redemption	
0	
11,957	
12,057	
Estimated Excess Debt Collections	

Total Expenditures	
$416,425	
$430,882	
$430,982		

Excess/ (Shortfall)	
$26,794	
$0	
$0		

Series 2013 Bond Information - Area One

Original Par Amount =	$5,515,000	Annual Principal Payments Due =	November 1st	
Interest Rate = Issue Date = Maturity Date =	6.00% - 6.50%
October 2013
November 2043	Annual Interest Payments Due =	May 1st & November 1st	

Par Amount As Of 1/1/19 =	
$5,140,000			

DETAILED FINAL DEBT SERVICE FUND (AREA TWO) BUDGET
VENETIAN PARC COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2019/2020
OCTOBER 1, 2019 - SEPTEMBER 30, 2020

REVENUES	FISCAL YEAR 2017/2018 ACTUAL	FISCAL YEAR 2018/2019 BUDGET	FISCAL YEAR 2019/2020 BUDGET	

COMMENTS	

Interest Income	
9,611	
200	
300	
Projected Interest For 2019/2020	

NAV Tax Collection	
435,517	
429,594	
429,594	
Maximum Debt Service Collection	

Total Revenues	
$445,128	
$429,794	
$429,894		

EXPENDITURES					

Principal Payments	
65,000	
75,000	
80,000	
Principal Payment Due In 2020	

Interest Payments	
350,559	
344,025	
339,244	
Interest Payments Due In 2020	

Bond Redemption	
0	
10,769	
10,650	
Estimated Excess Debt Collections	

Total Expenditures	
$415,559	
$429,794	
$429,894		

Excess/ (Shortfall)	
$29,569	
$0	
$0		

Series 2013 Bond Information - Area Two

Original Par Amount =	$5,175,000	Annual Principal Payments Due =	November 1st	
Interest Rate = Issue Date = Maturity Date =	6.375% - 7.125%
October 2013
November 2044	Annual Interest Payments Due =	May 1st & November 1st	
Par Amount As Of 1/1/19 =	$4,920,000			

Venetian Parc Community Development District Assessment Comparison

	Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	
	2016/2017	2017/2018	2018/2019	2019/2020	
	Assessment	Assessment	Assessment	Projected Assessment	
	  Before Discount*	  Before Discount*	  Before Discount*	 	Before Discount*		

Administrative	
$100.61	
$100.46	
$131.39	
$121.78	
Maintenance	$53.72	$53.72	$70.02	$79.53	
Debt	$1,274.46	$1,274.46	$1,274.46	$1,274.46	
Total For Area One Townhomes	$1,428.79	$1,428.64	$1,475.87	$1,475.77	

Administrative	
$100.61	
$100.46	
$131.39	
$121.78	
Maintenance	$53.72	$53.72	$70.02	$79.53	
Debt	$1,622.34	$1,622.34	$1,622.34	$1,622.34	
Total For Area One Single Family Units	$1,776.67	$1,776.52	$1,823.75	$1,823.65	

Administrative	
$100.61	
$100.46	
$131.39	
$121.78	
Maintenance	$53.72	$53.72	$70.02	$79.53	
Debt	$1,274.46	$1,274.46	$1,274.46	$1,274.46	
Total For Area Two Townhomes	$1,428.79	$1,428.64	$1,475.87	$1,475.77	

Administrative	
$100.61	
$100.46	
$131.39	
$121.78	
Maintenance	$53.72	$53.72	$70.02	$79.53	
Debt	$1,622.34	$1,622.34	$1,622.34	$1,622.34	
Total For Area Two Single Family Units	$1,776.67	$1,776.52	$1,823.75	$1,823.65	

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

Community Information:	

Area One Townhomes	96	
Area One Single Family Units	207	
Total Area One Units	303	

Area Two Townhomes	
90	
Area Two Single Family Units	211	
Total Area Two Units	301	

Total Area One Units	
303	
Total Area Two Units	301	
Total Units	604	

RESOLUTION NO. 2019-03

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE VENETIAN PARC COMMUNITY DEVELOPMENT DISTRICT, ESTABLISHING A REGULAR MEETING SCHEDULE FOR FISCAL YEAR 2019/2020 AND SETTING THE TIME AND LOCATION OF SAID DISTRICT MEETINGS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, it is necessary for the Venetian Parc Community Development District (the "District") to establish a regular meeting schedule for fiscal year 2019/2020; and

WHEREAS, the Board of Supervisors of the District has set a regular meeting schedule, location and time for District meetings for fiscal year 2019/2020 which is attached hereto and made a part hereof as Exhibit “A”.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE VENETIAN PARC COMMUNITY DEVELOPMENT DISTRICT, MIAMI- DADE COUNTY, FLORIDA, AS FOLLOWS:

Section 1. The above recitals are hereby adopted.

Section 2.    The regular meeting schedule, time and location for meetings for fiscal    year 2019/2020 which is attached hereto as Exhibit “A” is hereby adopted and authorized to be published.

PASSED, ADOPTED and EFFECTIVE this 25th day of July, 2019.

ATTEST:	VENETIAN PARC
COMMUNITY DEVELOPMENT DISTRICT

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

VENETIAN PARC COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2019/2020 REGULAR MEETING SCHEDULE
NOTICE IS HEREBY GIVEN that the Board of Supervisors (the “Board”) of the Venetian Parc Community Development District (the “District”) will hold Regular Meetings in the Venetian Parc Community Clubhouse Meeting Room located at 15351 SW 175th Street, Miami, Florida 33187 at 6:00 p.m. on the following dates:

October 24, 2019
November 21, 2019
February 27, 2020
March 26, 2020
April 23, 2020
May 28, 2020
June 25, 2020
July 23, 2020
September 24, 2020
The purpose of the meetings is for the Board to consider any District business which may lawfully and properly come before the Board. Meetings are open to the public and will be conducted in accordance with the provisions of Florida law for Community Development Districts. Copies of the Agenda for any of the meetings may be obtained from the District’s website or by contacting the District Manager at 305-777-0761 and/or toll free at 1-877-737-4922, prior to the date of the particular meeting.

From time to time one or two Board members may participate by telephone; therefore, a speaker telephone will be present at the meeting location so that Board members may be fully informed of the discussions taking place. Said meeting(s) may be continued as found necessary 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 meetings, such person will need a record of the proceedings and such person may need to insure 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.

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 meetings should contact the District Manager at 305-777-0761 and/or toll free at 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 with no advertised notice.

VENETIAN PARC COMMUNITY DEVELOPMENT DISTRICT

www.venetianparccdd.org

PUBLISH: MIAMI DAILY BUSINESS REVIEW XX/XX/19