VENETIAN PARC COMMUNITY DEVELOPMENT DISTRICT

MIAMI-DADE COUNTY REGULAR BOARD MEETING FEBRUARY 26, 2026
6:00 P.M.

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

www.venetianparccdd.org 786.347.2700 ext. 2027 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
February 26, 2026
6:00 p.m.

Call to Order
Proof of Publication	Page 1
Establish Quorum
Consider Resignation - Rachel Hernandez, Effective 12/18/25 (Seat 2, Exp. 2026)	Page 2
Consider Appointment to Vacant Seat (Seat 2)
Administer Oath of Office and Review New Board Member Duties and Responsibilities
Election of Officers
Additions or Deletions to Agenda
Comments from the Public for Items Not on the Agenda
Approval of Minutes
November 20, 2025 Regular Board Meeting	Page 3
Old Business
Update Regarding Existing Driveway Extensions
Update Regarding Tree Upkeep Mitigation Project – Phase III
New Business
Consider Resolution No. 2026-01 – Adopting a Fiscal Year 2026/2027 Proposed Budget	Page 7
Consider Approval of Attorneys Fee Adjustment – Billing Cochran	Page 15
Administrative & Operational Matters
Qualifying Period Announcement: Noon, June 8, 2026 – Noon, June 12, 2026 (Seats 1, 2 & 5)
Reminder: 2025 Form 1 – Statement of Financial Interest Disclosure (Due by July 1, 2026)
Board Member & Staff Closing Comments
Adjourn

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AFFIDAVIT OF PUBLICATION

Account #	Order Number	Identification	Order PO	Cols	Depth	
57921	IPL0279598	Legal Ad - IPL0279598		1.0	80.0L	

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

VENETIAN PARC COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026 REGULAR MEETING SCHEDULE NOTICE IS HEREBY GIVEN that
the Board of Supervisors (the “Board”) of the Venetian Parc Community Development District (the “Dis-trict”) 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 23, 2025
November 20, 2025
February 26, 2026
April 23, 2026
June 25, 2026
July 23, 2026
September 24, 2026
The purpose of the meetings is for the Board to consider any District busi-ness which may lawfully and properly come before the Board. Meetings are open to the public and will be con-ducted in accordance with the pro-visions 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 nnguyen@sdsinc.org 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 tele-phone; 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 contin-ued 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 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: 10/13/25 Print

Print Tearsheet Link Marketplace Link

Amanda Rodela

In accordance with the provisions of the Americans with Disabilities Act, any person requiring special ac-commodations or an interpreter to participate at any of these meetings should contact the District Manager at nnguyen@sdsinc.org 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.

Sworn to and subscribed before me on

Oct 13, 2025, 11:01 AM ED

VENETIAN PARC COMMUNITY DEVELOPMENT DISTRICT
www.venetianparccdd.org

Online Notary Public. This notarial act involved the use of online audio/video communication

PUBLISH:	MIAMI	HERALD 10/13/25
IPL0279598 Oct 13 2025

technology. Notarization facilitated by SIGNiX®

Page 1

December 18, 2025

Board of Supervisors	I,
Venetia Pare Community Development District
c/o Special District Services, Inc., District Manager 2501A Bums Road
Palm Beach Gardens, FL 33410
RE: Resignation - Venetian Pare Community Development District
Dear Board of Supervisors,
Please be advised that I am resigning my position as Board Member and Supervisor on the Board of Supervisors of the Venetian Pare Community Development District effective December 18, 2025.

It has been a pleasure serving as a Board Member.

Sincerely,

•

VENETIAN PARC COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING
NOVEMBER 20, 2025

CALL TO ORDER

District Manager Nancy Nguyen called the November 20, 2025, Regular Board Meeting of the Venetian Parc Community Development District (the “District”) to order at approximately 6:02 p.m. in the Venetian Parc Community Clubhouse located at 15351 SW 175th Street, Miami, Florida 33187.

PROOF OF PUBLICATION

Ms. Nguyen presented proof of publication that notice of the November 20, 2025, Regular Board Meeting had been published in the Miami Herald on October 13, 2025, as part of the District’s Fiscal Year 2025/2026 Regular Meeting Schedule, as legally required.

ESTABLISH A QUORUM

Ms. Nguyen determined that the attendance of Vice Chairwoman Rachel Hernandez, and Supervisors Carlos Dominguez, and Ronald Fajardo constituted a quorum and it was in order to proceed with the meeting.
Staff in attendance included: District Manager Nancy Nguyen of Special District Services, Inc.; and District Counsel, Gabriella Fernandez-Perez of Billing, Cochran, Lyles, Mauro & Ramsey, P.A.

ADDITIONS OR DELETIONS TO AGENDA

There were no additions or deletions at this time.

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
August 28, 2025, Special Board Meeting and Public Hearing
Ms. Nguyen presented the minutes of the August 28, 2025, Special Board Meeting and Public Hearing, and asked if there were any changes and/or corrections. There being no comments or changes, a motion was made by Mr. Fajardo, seconded by Mr. Dominguez and passed unanimously approving the minutes of the August 28, 2025, Special Board Meeting and Public Hearing, as presented.

OLD BUSINESS
Update Regarding Existing Driveway Extensions

Ms. Nguyen explained that prior to today’s meeting, Mr. Collings-Bonfill, Ms. Fernandez-Perez, and she had a conference call to discuss the Encroachment Agreement and the revisions requested by Mr. Collings-Bonfill during the last District meeting. She further explained that during the conference call, it was determined that the cooperation of the Venetian Parc Homeowners Association would be

necessary in order for the proposed allowance permitting homeowners to extend their driveways onto District owned land to be successfully implemented.

Ms. Nguyen presented the latest version of the Encroachment Agreement which incorporates the changes requested by Mr. Collings-Bonfill at the last meeting.

It was discussed that the District should not be responsible for any of the costs associated with entering into an Easement Agreement with the individual homeowners, including but not limited to permitting fees, preparation of the Easement Agreement, recording of the Easement Agreement, or any costs associated with the inspection for proper construction to be determined by the District Engineer. The Board consensus was to present the Easement Agreement to the HOA Board of Directors for their review and discussion along with a possible fee schedule. Ms. Nguyen acknowledged the Board’s request.

The timeline of implementation was discussed. The Board agreed that the following events should take place:

December 2025: Easement Agreement and fee schedule to be presented to the HOA Board of Directors for discussion and review. Set a date for simultaneous meetings of the HOA and District to be scheduled for January in order to have an open conversation about the process.
January 2026: Simultaneous meetings of the HOA and District to be held. The District Engineer should be in attendance to answer any questions from both the HOA Board of Directors and/or District Board. Letters to all of homeowners with an existing encroaching driveway should be mailed by the District inviting them to attend the District’s February 26, 2026, Regular Board Meeting.
February 26, 2026: District Regular Board Meeting to be held to discuss the Easement Agreement process with homeowners. The District Engineer should be in attendance to answer any questions from the homeowners and/or District Board.
The Board consensus was to request the District Engineer’s assistance in preparing a schedule for the homeowners with existing driveway extensions to become compliant so that not all homeowners are submitting after the fact permits to Miami-Dade County for the driveway extensions already installed. Additionally, this will also reduce the number of homeowners making any modifications requested by the District Engineer at one time.

A motion was made by Mr. Fajardo, seconded by Mr. Delgado and unanimously passed authorizing the District Manager to send mailings to the homeowners who currently have driveway extensions, inviting them to attend the February 26, 2026, Regular Board Meeting.

Update Regarding Tree Upkeep Mitigation Project – Phase III

Ms. Nguyen stated that she was awaiting the notice schedule from the District Engineer. Mr. Fajardo noted that it may be possible that some of the homeowners who will receive a letter for the driveway extensions will also receive a letter for tree removals.

More information on this item will be provided at a future meeting.

NEW BUSINESS
Consider Resolution No. 2025-07 – Adopting a Fiscal Year 2024/2025 Amended Budget

Ms. Nguyen presented Resolution No. 2025-07, entitled:

RESOLUTION NO. 2025-07

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE VENETIAN PARC 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.

Ms. Nguyen provided an explanation for the document. She indicated that there was an operating fund balance of approximately $200,000 at the end of the fiscal year. A discussion ensued after which:

A motion was made by Mr. Fajardo, seconded by Mr. Dominguez and unanimously passed to adopt Resolution No. 2025-07, as presented, thereby setting the amended/revised budget for the 2024/2025 fiscal year.

Consider Resolution No. 2025-08 – Goals and Objectives Annual Report

Ms. Nguyen presented Resolution No. 2025-08, entitled:

RESOLUTION NO. 2025-08

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE VENETIAN PARC COMMUNITY DEVELOPMENT DISTRICT ADOPTING AN ANNUAL REPORT OF GOALS, OBJECTIVES, AND PERFORMANCE MEASURES AND STANDARDS; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

Ms. Nguyen read the title into the record and explained that pursuant to legislation enacted in 2024, effective October 1, 2024, the District is required to establish goals and objectives for the District and to adopt performance measures and standards to evaluate the District’s achievement of these goals and objectives. She further noted that at the conclusion of each fiscal year, the Board must review and determine whether such goals had been met.
Ms. Nguyen presented the goals and objectives adopted by the District in 2024 and advised that it was in order for the Board to determine if the goals had been met. Following discussion, the Board determined that all goals had been successfully achieved for fiscal year 2024/2025.

A motion was made by Ms. Hernandez, seconded by Mr. Fajardo and unanimously passed accepting Resolution No. 2025-08, as presented, further adopting the Venetian Parc Community Development District’s Goals and Objectives Annual Report.

A discussion regarding the goals and objectives for fiscal year 2025/2026 took place, after which:

A motion was made by Ms. Hernandez, seconded by Mr. Fajardo and unanimously passed adopting the same goals and objectives for fiscal year 2025/2026.

ADMINISTRATIVE & OPERATIONAL MATTERS

Staff Report, as Required

There was no Staff Report at this time.

BOARD MEMBER & STAFF CLOSING COMMENTS

Boards Members were reminded of the importance of completing their individual annual required ethics training by December 31, 2025.

There were no further comments from Board Members or District Staff.

ADJOURNMENT

There being no further business to come before the Board, a motion was made by Mr. Fajardo, seconded by Mr. Dominguez and unanimously passed adjourning the Regular Board Meeting at approximately 7:26 p.m.

Secretary/Assistant Secretary	Chair/Vice Chair

RESOLUTION NO. 2026-01

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 2026/2027; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Board of Supervisors (the “Board”) of the Venetian Parc Community Development District (the “District”) is required by Section 190.008(2)(a), 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 VENETIAN PARC 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 by the Board.

Section 2. A Public Hearing is hereby scheduled for June 25, 2026 at 6:00 p.m. in the Venetian Parc Community Clubhouse Meeting Room located at 15351 S.W. 175th Street, Miami, Florida 33187, for the purpose of receiving public comments on the Proposed Fiscal Year 2026/2027 Budget.
PASSED, ADOPTED and EFFECTIVE this 26th day of February, 2026.

ATTEST:	VENETIAN PARC
COMMUNITY DEVELOPMENT DISTRICT

By:			By:		 Secretary/Assistant Secretary			Chair/Vice Chair

Venetian Parc 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 (AREA ONE)

DETAILED PROPOSED DEBT SERVICE FUND BUDGET (AREA TWO)

ASSESSMENT COMPARISON

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

REVENUES	
FISCAL YEAR 2026/2027
BUDGET	
Administrative Assessments	78,592	
Maintenance Assessments	163,574	
Debt Assessments (Area One)	456,550	
Debt Assessments (Area Two)	316,808	
Other Revenue	0	
Interest Income	1,320	
TOTAL REVENUES	$1,016,844	
		
EXPENDITURES		
ADMINISTRATIVE EXPENDITURES		
Supervisor Fees	5,000	
Payroll Taxes (Employer)	383	
Management	32,148	
Legal	11,000	
Assessment Roll	10,000	
Audit Fees	3,700	
Insurance	10,000	
Legal Advertisements	4,000	
Miscellaneous	1,200	
Postage	325	
Office Supplies	525	
Dues & Subscriptions	175	
Website Management	2,000	
Arbitrage Rebate Fee - Areas One & Two	1,300	
Trustee Fee - Area One	3,550	
Trustee Fee - Area Two	3,550	
Continuing Disclosure Fee - Area One	350	
Continuing Disclosure Fee - Area Two	350	
Administrative Contingency	790	
TOTAL ADMINISTRATIVE EXPENDITURES	$90,346	
		
MAINTENANCE EXPENDITURES		
Park Maintenance Tract N	40,000	
Field Operations Management	1,320	
Community Entrance Signage Maintenance	8,200	
Street/Roadway Maintenance	4,500	
Electric Power Service/Misc	3,200	
Engineering/Annual Report/Inspections	3,500	
Sidewalk Maintenance (Pressure Cleaning & Milling)	19,000	
HOA Contribution (Palm Tree Fertilization)	5,850	
Tree Upkeep	33,770	
General Maintenance	3,250	
Maintenance Contingency	23,150	
Storm Drainage/Class V Permit	3,500	
Storm Preparedness	4,520	
TOTAL MAINTENANCE EXPENDITURES	$153,760	
		
TOTAL EXPENDITURES	$244,106	
		
REVENUES LESS EXPENDITURES	$772,738	
		
Bond Payments - Area One	(429,157)	
Bond Payments - Area Two	(297,800)	
		
BALANCE	$45,781	
		
County Appraiser & Tax Collector Fee	(20,310)	
Discounts For Early Payments	(40,621)	
		
EXCESS/ (SHORTFALL)	($15,150)	
		
Carryover From Prior Year	15,150	
		
NET EXCESS/ (SHORTFALL)	$0	

DETAILED PROPOSED BUDGET
VENETIAN PARC 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	84,727	78,644	78,592	Expenditures Less Interest & Carryover/.94	
Maintenance Assessments	159,568	163,575	163,574	Expenditures/.94	
Debt Assessments (Area One)	457,359	458,173	456,550	Bond Payments/.94	
Debt Assessments (Area Two)	454,590	319,166	316,808	Bond Payments/.94	
Other Revenue	5,962	0	0		
Interest Income	12,859	1,200	1,320	Projected At $110 Per Month	
TOTAL REVENUES	$1,175,065	$1,020,758	$1,016,844		
					
EXPENDITURES					
ADMINISTRATIVE EXPENDITURES					
Supervisor Fees	3,400	5,000	5,000	Supervisor Fees	
Payroll Taxes (Employer)	260	383	383	Supervisor Fees * 7.65%	
Management	30,432	31,308	32,148	CPI Adjustment	
Legal	11,428	11,000	11,000	No Change From 2025/2026 Budget	
Assessment Roll	10,000	10,000	10,000	As Per Contract	
Audit Fees	3,500	3,600	3,700	Accepted Amount For 2025/2026 Audit	
Insurance	9,393	10,000	10,000	Fiscal Year 2025/2026 Expenditure Was $9,360	
Legal Advertisements	3,876	4,000	4,000	Costs Have Increased Due To Closing Of The Miami Business Review	
Miscellaneous	1,777	1,100	1,200	$100 Increase From 2025/2026 Budget	
Postage	302	350	325	$25 Decrease From 2025/2026 Budget	
Office Supplies	426	550	525	$25 Decrease From 2025/2026 Budget	
Dues & Subscriptions	175	175	175	No Change From 2025/2026 Budget	
Website Management	2,000	2,000	2,000	No Change From 2025/2026 Budget	
Arbitrage Rebate Fee - Areas One & Two	1,300	1,300	1,300	No Change From 2025/2026 Budget	
Trustee Fee - Area One	3,500	3,550	3,550	No Change From 2025/2026 Budget	
Trustee Fee - Area Two	3,500	3,550	3,550	No Change From 2025/2026 Budget	
Continuing Disclosure Fee - Area One	350	350	350	No Change From 2025/2026 Budget	
Continuing Disclosure Fee - Area Two	350	350	350	No Change From 2025/2026 Budget	
Administrative Contingency	0	790	790	Administrative Contingency	
TOTAL ADMINISTRATIVE EXPENDITURES	$85,969	$89,356	$90,346		
					
MAINTENANCE EXPENDITURES					
Park Maintenance Tract N	30,066	40,000	40,000	No Change From 2025/2026 Budget	
Field Operations Management	1,320	1,320	1,320	No Change From 2025/2026 Budget	
Community Entrance Signage Maintenance	10,148	7,200	8,200	$1,000 Increase From 2025/2026 Budget	
Street/Roadway Maintenance	520	5,000	4,500	$500 Decrease From 2025/2026 Budget	
Electric Power Service/Misc	3,618	3,200	3,200	No Change From 2025/2026 Budget	
Engineering/Annual Report/Inspections	2,211	3,500	3,500	No Change From 2025/2026 Budget	
Sidewalk Maintenance (Pressure Cleaning & Milling)	23,256	18,000	19,000	$1,000 Increase From 2025/2026 Budget	
HOA Contribution (Palm Tree Fertilization)	5,848	5,850	5,850	No Change From 2025/2026 Budget	
Tree Upkeep	28,473	33,770	33,770	No Change From 2025/2026 Budget	
General Maintenance	0	3,750	3,250	$500 Decrease From 2025/2026 Budget	
Maintenance Contingency	8,887	23,650	23,150	$500 Decrease From 2025/2026 Budget	
Storm Drainage/Class V Permit	0	3,500	3,500	No Change From 2025/2026 Budget	
Storm Preparedness	0	5,020	4,520	$500 Decrease From 2025/2026 Budget	
TOTAL MAINTENANCE EXPENDITURES	$114,347	$153,760	$153,760		
					
TOTAL EXPENDITURES	$200,316	$243,116	$244,106		
					
REVENUES LESS EXPENDITURES	$974,749	$777,642	$772,738		
					
Bond Payments - Area One	(435,853)	(430,682)	(429,157)	2027 P & I Payments Less Earned Interest	
Bond Payments - Area Two	(433,213)	(300,017)	(297,800)	2027 P & I Payments Less Earned Interest	
					
BALANCE	$105,683	$46,943	$45,781		
					
County Appraiser & Tax Collector Fee	(11,116)	(20,391)	(20,310)	Two Percent Of Total Assessment Roll	
Discounts For Early Payments	(43,149)	(40,783)	(40,621)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$51,418	($14,231)	($15,150)		
					
Carryover From Prior Year	0	14,231	15,150	Carryover From Prior Year	
					
NET EXCESS/ (SHORTFALL)	$51,418	$0	$0		

DETAILED PROPOSED DEBT SERVICE FUND (AREA ONE) BUDGET
VENETIAN PARC 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	
31,551	
1,000	
1,500	
Projected Interest For 2026/2027	

NAV Tax Collection	
435,853	
430,682	
429,157	
Maximum Debt Service Collection	

Prepaid Bond Collection	
0	
0	
0		

Total Revenues	
$467,404	
$431,682	
$430,657		

EXPENDITURES					

Principal Payments	
120,000	
135,000	
145,000	
Principal Payment Due In 2027	

Interest Payments	
295,025	
283,625	
275,525	
Interest Payments Due In 2027	

Bond Redemption	
0	
13,057	
10,132	
Estimated Excess Debt Collections	

Total Expenditures	
$415,025	
$431,682	
$430,657		

Excess/ (Shortfall)	
$52,379	
$0	
$0		

Series 2013 Bond Information - Area One

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

Par Amount As Of 1/1/26 =	November 2043

$4,385,000			

DETAILED PROPOSED DEBT SERVICE FUND (AREA TWO) BUDGET
VENETIAN PARC 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	
7,500	
1,000	
1,500	
Projected Interest For 2026/2027	

NAV Tax Collection	
433,214	
300,017	
297,800	
Maximum Debt Service Collection	

Prepaid Bond Collection	
26,993	
0	
0		

Total Revenues	
$467,707	
$301,017	
$299,300		

EXPENDITURES					

Principal Payments	
115,000	
120,000	
125,000	
Principal Payment Due In 2027	

Interest Payments	
112,726	
180,000	
172,625	
Interest Payments Due In 2027	

Bond Redemption	
0	
1,017	
1,675	
Estimated Excess Debt Collections	

Total Expenditures	
$227,726	
$301,017	
$299,300		

Excess/ (Shortfall)	
$239,981	
$0	
$0		

Note: Series 2013 Area Two Bond Was Refinanced In September 2024.

Series 2024 Bond Refunding Information - Area Two

Original Par Amount =	$3,660,000	Annual Principal Payments Due:	May 1st	
Interest Rate =	5.00%	November 1st	May 1st & November 1st	
Issue Date =	September 2024	Annual Interest Payments Due:		
Maturity Date =

Par Amount As Of 1/1/26 =	May 2044

$3,660,000	May 1st & November 1st		

Venetian Parc 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	
$136.40	
$136.40	
$130.21	
$130.13	
Maintenance	$264.66	$264.66	$270.82	$270.82	
Debt	$1,274.46	$1,274.46	$1,274.46	$1,274.46	
Total For Area One Townhomes	$1,675.52	$1,675.52	$1,675.49	$1,675.41	

Administrative	
$136.40	
$136.40	
$130.21	
$130.13	
Maintenance	$264.66	$264.66	$270.82	$270.82	
Debt	$1,622.34	$1,622.34	$1,622.34	$1,622.34	
Total For Area One Single Family Units	$2,023.40	$2,023.40	$2,023.37	$2,023.29	

Administrative	
$136.40	
$136.40	
$130.21	
$130.13	
Maintenance	$264.66	$264.66	$270.82	$270.82	
Debt	$1,274.46	$1,274.46	$794.99	$794.99	
Total For Area Two Townhomes	$1,675.52	$1,675.52	$1,196.02	$1,195.94	

Administrative	
$136.40	
$136.40	
$130.21	
$130.13	
Maintenance	$264.66	$264.66	$270.82	$270.82	
Debt	$1,622.34	$1,622.34	$1,179.13	$1,179.13	
Total For Area Two Single Family Units	$2,023.40	$2,023.40	$1,580.16	$1,580.08	

* Assessments Include the Following :
4% Discount for Early Payments 1% County Tax Collector Fee
1% County Property Appraiser Fee
 Community Information:			 Area Two Single Family Homes Information Area One Townhomes	96		 Total Units	211
Area One Single Family Units	207	Prepayments	3
Total Area One Units	303	Billed For Debt	208
Area Two Townhomes	90	 Area One Single Family Homes Information
Area Two Single Family Units	211	Total Units	211
Total Area Two Units	301	Prepayments	1
Billed For Debt	210
Total Area One Units	303
Total Area Two Units	301
Total Units	604

I.AW OHi
BILLING«.> COCHRAN
ESTABLISHED 1977

KENNETH W, MORGAN, JR. MICHAEL J, P ...WELCZYK MANUEL R. COMRAS ANDREW A. RJEF
JEFFERY R. LAWLEY GINGER E. WALD SCOTT C. COCHRAN
ALINE D. MARCANTONIO JOHN C. WEBBER

STEVEN F. BILLING (1947-1998) HAYWARD D. GAY (1943-2007)

BILLING COCHRAN, P.A.
LAS DLAS SQUARE, SUITE 600
515 EAST LAS OLAS OOVLE:VARO FORT LAUDERDALE, FLORIDA 33301
(954) 764-7150
(954) 764-7279 FAX

PGA NATIONAL OFFICE CENTER
JOO 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. LEWELLEN L12A E, SMOKE>\ LUCAS A. WILLIAMS
OF COUNSEL; CLARK l. COCHRAN, JR. SUSAN F. DELEGAL
DENNISE. LYLES
BRUCE M. RAMSEY RICHARD T. WOULfE

WWW .BILLINGCOCHRAN.COM PLEASE REPLY TO: FORT LAUDERDALE

February 2, 2026

VIA E-MAIL ONLY- nnguyen@sdsinc.org Ms. Nancy Nguyen
District Manager
Special District Services
8785 SW 165th Avenue, Suite 200
Miami FL 33193

Dear Nancy:

Re:		Adjustment to District Counsel Fee Structure Venetian Pare Community Development District Our File: 910.07400

This fom s current fee structure has been in place since 2008. Although we are certainly mindful of the necessity to keep increases in the District's expenses, including the cost of legal services, to a rrurumum it has become necessary for us to adjust our hourly rates effective October 1, 2026, as follows:

Attorneys/Partners:
Attorneys/ Associates:

$300.00 per hour
$250.00 per hour

This hourly fee structure 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 Index published by the U.S. Department of Labor.

Ms. Nancy Nguyen February 2, 2026
Page 2

Naturally, should you feel you have any questions or require any further infom1ation in support of this 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)