CORONADO COMMUNITY DEVELOPMENT
DISTRICT

MIAMI-DADE COUNTY REGULAR BOARD MEETING FEBRUARY 21, 2019
6:15 P.M.

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

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

AGENDA
CORONADO COMMUNITY DEVELOPMENT DISTRICT
Islands at Doral Clubhouse Meeting Room, 8250 N.W. 112th Court,
Doral, Florida 33178
REGULAR BOARD MEETING
February 21, 2019
6:15 p.m.

Call to Order
Proof of Publication…	Page 1
Establish Quorum
Consider Appointment to Fill Vacancy: Seat #2
Administer Oath of Office & Review Board Member Responsibilities and Duties
Organizational Matters
Consider Resolution No. 2019-01 – Election of Officers…	Page 2
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
November 15, 2018 Regular Board Meeting.	Page 3
Old Business
Update Regarding Soft Gate/Security Camera/Speed Hump Improvement Project
Staff Report as Required
New Business
Consider Resolution No. 2019-02 – Adopting a Fiscal Year 2019/2020 Proposed Budget…	Page 7
Discussion Regarding Street Address Signs within the District
Administrative & Operational Matters
Staff Report as Required
Board Member & Staff Closing Comments
Adjourn

Miami Daily Business Review
Feb. 11, 2019
Miscellaneous Notices

NOTICE OF MEETING
CORONADO COMMUNITY DEVELOPMENT DISTRICT

A regular meeting of the Board of Supervisors (the "Board") of the Coronado Community Development District (the "District") will be held February 21, 2019, at 6:15
in the Islands at Doral Clubhouse Meeting Room located at 8250 NW 112th Court, Doral, Florida 33178.

The meeting is open to the public and will be conducted in accordance with the provisions of Florida law for community development districts. A copy of the agenda for this meeting may be obtained from the District's website or by contacting the District Manager at Special District Services, Inc., 6625 Miami Lakes Drive, Suite 374, Miami, Lakes, Florida 33014. This meeting may be continued to a date, time and location to be specified on the record at the meeting. There may be occasions when one or more Board members will participate by telephone.

Any person requiring special accommodations at this meeting because of a disability or physical impairment should contact the District Office at (305) 777-0761 at least five (5) calendar days prior to the meeting.

Each person who decides to appeal any action taken at this meeting is advised that each person will need a record of the proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceeding is made, including the testimony and evidence upon which such appeal is to be based.

Meetings may be cancelled from time to time without advertised notice.

Neil Kalin District Manager
Coronado Community Development District

www.coronadocdd.org 2/11 19-22/0000379100M

RESOLUTION NO. 2019-01

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CORONADO COMMUNITY DEVELOPMENT DISTRICT (“DISTRICT”) ELECTING THE OFFICERS OF THE DISTRICT AND PROVIDING FOR AN EFFECTIVE DATE.

WHEREAS, the Board of Supervisors (the “Board”) of the Coronado Community Development District (the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes; and

WHEREAS, pursuant to Section 190.006(6), Florida Statutes, as soon as practicable after each election or appointment to the Board, the Board shall organize by electing one (1) of its members as chairperson and by electing a secretary, and such other officers as the Board may deem necessary.

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

The following persons are elected to the offices shown, to wit:

Chairperson  Vice Chairperson
Secretary/Treasurer Assistant Secretary Assistant Secretary Assistant Secretary Assistant Secretary

This Resolution shall become effective immediately upon its adoption.

PASSED, ADOPTED and BECOMES EFFECTIVE this 21st day of February, 2019.

ATTEST:	CORONADO COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson/Vice Chairperson

CORONADO COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING
NOVEMBER 15, 2018

CALL TO ORDER

District Manager Armando Silva called the November 15, 2018, Regular Board Meeting of the Coronado Community Development District to order at 6:46 p.m. in the Islands at Doral Clubhouse Meeting Room located at 8250 NW 112th Court, Doral, Florida 33178.

PROOF OF PUBLICATION

Mr. Silva presented proof of publication that notice of the Regular Board Meeting had been published in the Miami Daily Business Review on October 5, 2018, as part of the District’s Fiscal Year 2018/2019 Regular Meeting Schedule, as legally required.

SEAT & WELCOME ELECTED BOARD MEMBER

Mr. Silva seated the newly elected Board Member, Roman Gomez, and he took his respective seat.

ADMINISTER	OATH	OF	OFFICE	&	REVIEW	BOARD	MEMBER RESPONSIBILITIES AND DUTIES

Mr. Silva, Notary Public in the State of Florida, administered the Oath of Office to Roman Gomez and reminded him of his duties and responsibilities with emphasis on the Sunshine Law, Financial Disclosure, Public Records Law and the Code of Ethics for Public Officials.

ESTABLISH A QUORUM

Mr. Silva determined that the attendance of Chairperson Erwin Santacruz, Vice Chairperson Gladys Huot and Supervisors Renee Bedoya and Roman Gomez constituted a quorum and it was in order to proceed with the meeting.

Staff in attendance included: District Manager Armando Silva of Special District Services, Inc.; and District Counsel Alyssa Willson (via telephone) of Hopping Green & Sams, P.A.

Also present was Dahiane Rondon, Doral, Florida; Eduardo Rondon, son of Dahiane Rondon, Doral, Florida.

ORGANIZATIONAL MATTERS
Consider Resolution No. 2018-09 – Canvassing and Certifying the Landowners’ Meeting Election Results

Mr. Silva presented Resolution No. 2018-09, entitled:

RESOLUTION NO. 2018-09

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CORONADO COMMUNITY DEVELOPMENT DISTRICT CANVASSING AND CERTIFYING THE RESULTS OF THE LANDOWNERS’ ELECTION OF SUPERVISORS HELD AT THE LANDOWNERS’ MEETING ON NOVEMBER 15, 2018 PURSUANT TO SECTION 190.006(2), FLORIDA STATUTES; AND PROVIDING AN EFFECTIVE DATE.

Mr. Silva provided an explanation for the document and restated the Coronado Community Development District’s Landowners’ Election results. He then requested that the Board confirm the election results. A discussion ensued after which;

A motion was made by Mr. Gomez, seconded by Ms. Huot and unanimously passed to approve and adopt Resolution No. 2018-09, as presented; thereby confirming the election results in which Roman Gomez (Seat #5) was elected to a 4-year term of office and whose terms shall expire in November 2022.

Consider Resolution No. 2018-10 – Re-Election of Officers

Mr. Silva stated that as a result of the changes that took place on the Board at the previous meeting, it would be in order to re-elect the Board Officers and to consider Resolution No. 2018-10, entitled:

RESOLUTION NO. 2018-10

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CORONADO COMMUNITY DEVELOPMENT DISTRICT (“DISTRICT”) ELECTING THE OFFICERS OF THE DISTRICT AND PROVIDING FOR AN EFFECTIVE DATE.

Mr. Silva provided the following slate of names for election:

Chairperson – Erwin Santacruz Vice Chairperson – Gladys Huot
Secretary/Treasurer – Armando Silva
Assistant Secretaries – Renee Bedoya, Roman Gomez, Gloria Perez and Armando Silva

A discussion ensued after which a motion was made by Ms. Huot, seconded by Mr. Santacruz and unanimously passed to approve and adopt Resolution No. 2018-10, as presented, thereby electing the District’s Board officers, as listed above.

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

October 18, 2018, Regular Board Meeting

Mr. Silva presented the minutes of the October 18, 2018, Regular Board Meeting and asked if there were any changes and/or corrections. There being no comments or changes, a motion was made by Ms. Huot, seconded by Mr. Santacruz and passed unanimously approving the minutes of the October 18, 2018, Regular Board Meeting, as presented.

OLD BUSINESS
Staff Report, as Required

There was no Staff Report required at this time.

NEW BUSINESS
Consider Small Project Agreement between the District and Arking Solutions

Mr. Silva provided an overview of the Small Project Agreement (Soft Gate Project) between the District and Arking Solutions and stated that District Counsel had reviewed/accepted it. A discussion ensued after which;

A motion was made by Mr. Santacruz, seconded by Ms. Huot and unanimously passed approving the Small Project Agreement between the District and Arking Solutions, as presented; thereby authorizing the District Manager to execute the Small Project Agreement on behalf of the District.

Consider Small Project Agreement between the District and Regions Security Services, Inc.

Mr. Silva provided an overview of the Small Project Agreement (Security Cameras) between the District and Regions Security, Inc. and stated that District Counsel had reviewed/accepted the Small Project Agreement. A discussion ensued after which;

A motion was made by Mr. Santacruz, seconded by Ms. Huot and unanimously passed approving the Small Project Agreement between the District and Regions Security, Inc., as presented; thereby authorizing the District Manager to execute the Small Project Agreement on behalf of the District.

ADMINISTRATIVE & OPERATIONAL MATTERS
Discussion Regarding Election Results and Protocol for Declaring Vacancy (Seat #2)

Mr. Silva advised that no one had qualified for Seat #2. Since the Board will meet again next month, the matter of declaring a vacancy in Seat #2 will be addressed. (Pursuant to Section 190.006, Florida Statutes, and incumbents will serve no longer than ninety (90) days (from November 20, 2018) or until an appointment to the vacancy has been made. A discussion ensued after which:

A motion was made by Ms. Huot, seconded by Ms. Bedoya and unanimously passed declaring a vacancy in Seat #2, effective November 20, 2018; and the Board shall appoint a qualified elector within ninety (90) days from November 20, 2018, to fill said vacancy.

Staff Report: As Required

There was no Staff Report required at this time.

BOARD MEMBER & STAFF CLOSING COMMENTS

Discussion Regarding Year-End Meeting Schedule

Mr. Silva stated that unless there was an emergency, this Board would not meet until after the New Year.

ADJOURNMENT

There being no further business to come before the Board, a motion was made by Mr. Santacruz, seconded by Ms. Bedoya and unanimously passed to adjourn the Regular Board Meeting at 6:59 p.m.

Secretary/Assistant Secretary	Chairperson/Vice Chairperson

RESOLUTION NO. 2019-02

A   RESOLUTION   OF   THE    BOARD    OF    SUPERVISORS    OF THE CORONADO COMMUNITY DEVELOPMENT DISTRICT APPROVING PROPOSED BUDGETS FOR FISCAL YEAR 2019/2020 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW AND PROVIDING FOR AN EFFECTIVE DATE.

WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors (the “Board”) of the Coronado Community Development District  (the "District") prior to June 15, 2019, a proposed operating budget and debt service budget for Fiscal Year 2019/2020; and

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

NOW, THEREFORE, BE IT  RESOLVED  BY  THE  BOARD  OF SUPERVISORS OF THE CORONADO COMMUMUNITY DEVELOPMENT DISTRICT, THAT:
The operating and debt service budgets proposed by the District Manager for Fiscal Year 2019/2020 attached hereto as Exhibit A are hereby approved as the basis for conducting a public hearing to adopt said budgets.
A public hearing on said approved budgets is hereby declared and set for  the following date, hour and location:

DATE:	 	, 2019
HOUR:	6:15 PM
LOCATION:	ISLANDS AT DORAL CLUBHOUSE MEETING ROOM 8250 N.W. 112TH COURT, DORAL, FLORIDA 33178

The District Manager is hereby directed to submit a copy of the proposed budgets to Miami-Dade County and the City of Doral 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 d irected to post these approved budgets on the District's website at least two 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 these approved budgets to the manager or administrator of Miami-Dade County for posting on its 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 EFFECTIVE this 21st day of February, 2019.

ATTEST:	CORONADO COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson/Vice Chairperson

Exhibit A: Fiscal Year 2019/2020 Proposed Budgets

EXHIBIT A

(Proposed FY 2019/2020 Budgets)

Coronado Community Development District

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

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

DETAILED PROPOSED DEBT SERVICE FUND BUDGET IV	ASSESSMENT COMPARISON

PROPOSED BUDGET
CORONADO COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2019/2020
OCTOBER 1, 2019 - SEPTEMBER 30, 2020

REVENUES	FISCAL YEAR 2019/2020
BUDGET	
Administrative Assessments	82,173	
Maintenance Assessments	117,632	
Debt Assessments	252,625	
Master Association Contributions	71,000	
Interest	300	
TOTAL REVENUES	$	523,730	
		
EXPENDITURES		
MAINTENANCE EXPENDITURES		
Security Services	142,000	
Aquatic Maintenance/Midgefly Control	4,750	
Fountain Maintenance/Power - FPL	2,400	
Storm Drainage Maintenance	2,400	
Engineering	1,500	
Roadway/Street Maintenance	5,400	
Soft Gates & Security Cameras Maintenance	4,200	
Soft Gates Control/Power - FPL/Comcast	4,500	
Security Camera Monitoring/Recording	6,000	
Contingency	6,000	
Maintenance Reserve	3,600	
TOTAL MAINTENANCE EXPENDITURES	$	182,750	
		
ADMINISTRATIVE EXPENDITURES		
Supervisor Fees	7,000	
Payroll Taxes	535	
Management	35,280	
Field Operations Management	2,100	
Legal	10,000	
Assessment Roll	3,000	
Audit Fees	3,600	
Insurance	7,500	
Legal Advertisements	1,700	
Miscellaneous	2,000	
Postage	525	
Office Supplies	800	
Dues & Subscriptions	175	
Trustee Fee	3,600	
Continuing Disclosure Fee	350	
Website Management/ADA Compliance	2,000	
Operating Reserve	3,000	
TOTAL ADMINISTRATIVE EXPENDITURES	$	83,165	
		
TOTAL EXPENDITURES	$	265,915	
		
REVENUES LESS EXPENDITURES	$	257,815	
		
Bond Payments	(239,994)	
		
BALANCE	$	17,821	
		
County Appraiser & Tax Collector Fee	(4,524)	
Discounts For Early Payments	(18,097)	
		
EXCESS/ (SHORTFALL)	$	(4,800)	
		
Carryover From Prior Year	4,800	
		
NET EXCESS/ (SHORTFALL)	$	-	

DETAILED PROPOSED BUDGET
CORONADO 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	96,959	79,081	82,173	Expenditures Less Interest & Carryover/.95	
Maintenance Assessments	104,052	120,895	117,632	Expenditures Less Contributions/.95	
Debt Assessments	252,625	252,625	252,625	Bond Payments/.95	
Master Association Contributions	61,905	66,300	71,000	Master Association Contributions - 50% Of Security	
Interest	613	240	300	Projected At $25 Per Month	
TOTAL REVENUES	$	516,154	$	519,141	$	523,730		
					
EXPENDITURES					
MAINTENANCE EXPENDITURES					
Security Services	125,753	132,600	142,000	$9,400 Increase From 2018/2019 Budget	
Aquatic Maintenance/Midgefly Control	1,800	4,750	4,750	No Change From 2018/2019 Budget	
Fountain Maintenance/Power - FPL	657	2,400	2,400	No Change From 2018/2019 Budget	
Storm Drainage Maintenance	3,500	2,400	2,400	No Change From 2018/2019 Budget	
Engineering	285	2,400	1,500	$900 Decrease From 2018/2019 Budget	
Roadway/Street Maintenance	563	6,000	5,400	$600 Decrease From 2018/2019 Budget	
Soft Gates & Security Cameras Maintenance	0	4,200	4,200	No Change From 2018/2019 Budget	
Soft Gates Control/Power - FPL/Comcast	0	3,000	4,500	$1,500 Increase From 2018/2019 Budget	
Security Camera Monitoring/Recording	0	14,400	6,000	$8,400 Decrease From 2018/2019 Budget	
Contingency	17,380	6,000	6,000	No Change From 2018/2019 Budget	
Maintenance Reserve	8,280	3,000	3,600	$600 Increase From 2018/2019 Budget	
TOTAL MAINTENANCE EXPENDITURES	$	158,218	$	181,150	$	182,750		
					
ADMINISTRATIVE EXPENDITURES					
Supervisor Fees	5,800	7,000	7,000	No Change From 2018/2019 Budget	
Payroll Taxes	444	735	535	Supervisor Fees * 7.65%	
Management	33,924	34,632	35,280	CPI Adjustment	
Field Operations Management	900	1,500	2,100	$600 Increase From 2018/2019 Budget	
Legal	4,089	10,000	10,000	No Change From 2018/2019 Budget	
Assessment Roll	3,000	3,000	3,000	As Per Contract	
Audit Fees	3,400	3,500	3,600	$100 Increase From 2018/2019 Budget	
Insurance	5,778	7,200	7,500	Insurance Estimate	
Legal Advertisements	676	1,800	1,700	$100 Decrease From 2018/2019 Budget	
Miscellaneous	1,884	2,000	2,000	No Change From 2018/2019 Budget	
Postage	241	550	525	$25 Decrease From 2018/2019 Budget	
Office Supplies	642	800	800	No Change From 2018/2019 Budget	
Dues & Subscriptions	175	175	175	No Change From 2018/2019 Budget	
Trustee Fee	3,165	4,600	3,600	$1,000 Decrease From 2018/2019 Budget	
Continuing Disclosure Fee	350	500	350	$150 Decrease From 2018/2019 Budget	
Website Management/ADA Compliance	1,500	1,500	2,000	$500 Increase From 2018/2019 Budget	
Operating Reserve	0	4,200	3,000	Operating Reserve	
TOTAL ADMINISTRATIVE EXPENDITURES	$	65,968	$	83,692	$	83,165		
					
TOTAL EXPENDITURES	$	224,186	$	264,842	$	265,915		
					
REVENUES LESS EXPENDITURES	$	291,968	$	254,299	$	257,815		
					
Bond Payments	(241,593)	(239,994)	(239,994)	2020 P & I Payments Less Interest	
					
BALANCE	$	50,375	$	14,305	$	17,821		
					
County Appraiser & Tax Collector Fee	(4,380)	(4,526)	(4,524)	One Percent Of Total Assessment Roll	
Discounts For Early Payments	(15,396)	(18,104)	(18,097)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	30,599	$	(8,325)	$	(4,800)		
					
Carryover From Prior Year	0	8,325	4,800	Carryover From Prior Year	
					
NET EXCESS/ (SHORTFALL)	$	30,599	$	-	$	-		

DETAILED PROPOSED DEBT SERVICE FUND BUDGET
CORONADO 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	
495	
100	
100	
Projected Interest For 2019/2020	

NAV Tax Collection	
241,592	
239,994	
239,994	
Maximum Debt Service Collection	

Total Revenues	
$	242,087	
$	240,094	
$	240,094		

EXPENDITURES					

Principal Payments	
114,000	
117,000	
119,000	
Principal Payments Due In 2020	

Interest Payments	
127,962	
122,891	
120,235	
Interest Payments Due In 2020	

Bond Redemption	
0	
203	
859	
Estimated Excess Debt Collections	

Total Expenditures	
$	241,962	
$	240,094	
$	240,094		

Excess/ (Shortfall)	
$	125	
$	-	
$	-		

Series 2017 Bond Refunding Information

Original Par Amount =	$3,399,000	Annual Principal Payments Due =	May 1st	
Interest Rate =	2.125% - 4.25%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =	April 2017			
Maturity Date =

Par Amount As Of 1/1/2019 =	May 2038

$3,285,000			

Coronado Community Development District Assessment Comparison

Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	
2016/2017	2017/2018	2018/2019	2019/2020	
 	Assessment*		 	Projected Assessment*		 	Assessment*		 	Projected Assessment*		
Administrative	$	308.85	$	293.63	$	241.84	$	251.30	
Maintenance	$	315.31	$	318.20	$	369.71	$	359.73	
Debt	$	850.00	$	772.56	$	772.56	$	772.56	
Total	$	1,474.16	$	1,384.39	$	1,384.11	$	1,383.59	

* Assessments Include the Following :	                   4% Discount for Early Payments
1% County Tax Collector/Property Appraiser Fee
Community Information:	Total Units 	 327