CORONADO COMMUNITY DEVELOPMENT
DISTRICT

MIAMI-DADE COUNTY REGULAR BOARD MEETING MARCH 20, 2025
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
Doral Legacy Park Second Floor Conference Room 11400 NW 82nd Terrace
Doral, Florida 33178
REGULAR BOARD MEETING
March 20, 2025
6:15 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
December 5, 2024 Special Board Meeting	Page 2
Old Business
Staff Report, as Required
New Business
Discussion Regarding New Cameras in the Community
Discussion Regarding Parking Enforcement & Security Services
Consider Resolution No. 2025-01 Adopting a Fiscal Year 2025/2026 Proposed Budget…	Page 5
Administrative & Operational Matters
Board Member & Staff Closing Comments
Adjourn

AFFIDAVIT OF PUBLICATION

Account #	Order Number	Identification	Order PO	Amount	Cols	Depth	
142124	597903	Print Legal Ad-IPL01969790 - IPL0196979		$775.86	2	52 L	

Attention:

Laura J. Archer

PUBLISHED DAILY

Coronado Community Development District c/o Special District Services, Inc.
2501A Burns Road
Palm Beach Gardens, Florida 33410 LArcher@sdsinc.org

MIAMI-DADE-FLORIDA
STATE OF FLORIDA COUNTY OF MIAMI-DADE
Before the undersigned authority personally appeared: Mary Castro, who on oath says that he/she is CUSTODIAN OF RECORDS of The Miami Herald, a daily newspaper published at Miami in Miami-Dade County, Florida; that the attached copy of the advertisement that was published was published in said newspaper in the issue
(s) of:
Publication: Miami Herald 1 insertion(s) published on:
10/07/24

Affiant further says that the said Miami Herald is a newspaper published at Miami, in the said Miami-Dade County, Florida and that the said newspaper has heretofore been continuously published in said Dade County, Florida each day and has been entered a second class mail matter at the post office in Miami, in said Miami-Dade County, Florida, for a period of two years next preceding the first publication of the attached copy of advertisement; and affiant further says that he/she has neither paid or promised any person, firm or corporation any discount, rebate, commission or refund for the purpose of securing this advertisement for publication in the said newspaper(s).The McClatchy Company complies with all legal requirements for publication in chapter 50, Florida Statutes.

Sworn to and subscribed before me this 7th day of October in the year of 2024

Notary Public in and for the state of Texas, residing in Dallas County

Extra charge for lost or duplicate affidavits. Legal document please do not destroy!

CORONADO COMMUNITY DEVELOPMENT DISTRICT SPECIAL BOARD MEETING
DECEMBER 5, 2024

CALL TO ORDER

District Manager Gloria Perez called the December 5, 2024, Special Board Meeting of the Coronado Community Development District (the “District”) to order at 6:16 p.m. in the Doral Legacy Park – Second Floor Conference Room located at 11400 NW 82nd Terrace, Doral, Florida 33178.

PROOF OF PUBLICATION

Mrs. Perez presented proof of publication that notice of the Special Board Meeting had been published in the Miami Herald on November 25, 2024, as legally required.

ESTABLISH A QUORUM

Mrs. Perez determined that the attendance of Chairperson Erwin Santacruz and Supervisors Renee Bedoya, Dahiane Rondon and David Vega constituted a quorum and it was in order to proceed with the meeting.

Staff in attendance included: District Manager Gloria Perez and Associate District Manager Pablo Jerez of Special District Services, Inc.; and District Counsel Alyssa Willson of Kutak Rock LLP (via conference call).
ADDITIONS OR DELETIONS TO THE AGENDA

Declare Vacancies on Board and Consider Appointments to Fill Said Vacancies (Seats 3 & 4)

Mrs. Perez stated that there were two (2) seats up for election at the November 5, 2024, General Election. Those seats were Seat #3 (currently Vacant) and Seat #4 (currently held by Renee Bedoya).
Mrs. Perez stated there had been no qualified electors that qualified for Seats #3 & #4 during the qualifying period for the District election. As a result, vacancies were declared in the respective seats, effective the second Tuesday (November 19, 2024) following the General Election. Pursuant to Section 190.006, Florida Statutes, incumbents (Holdover Board Members) will serve no longer than ninety (90) days (from November 19, 2024) or until an appointment to the vacancy has been made.

A motion was made by Mr. Vega, seconded by Mr. Santacruz and unanimously passed declaring vacancies in Seats #3 and #4, which terms of office shall expire in November 2028.

Mrs. Perez asked if there were any interested persons that meet the qualifications and who would like to serve on the District Board. A discussion ensued after which:

A motion was made by Mr. Vega, seconded by Mr. Santacruz and unanimously passed appointing Renee Bedoya to fill the vacancy and unexpired term of office in Seat # 4, which term expires in 2028.
Page 1 of 3

Administer Oath of Office & Review Board Member Responsibilities and Duties
Mrs. Perez, a Notary Public in the State of Florida, administered the Oath of Office to Renee Bedoya and confirmed she had the information regarding the Sunshine Law and that the Supervisor sheet would not be necessary as her information had not changed.

District Resident Maximo Albornett arrived at approximately 6:19 p.m.

Mr. Albornett expressed his interest in joining the Board. A brief discussion ensued followed by the following:

A motion was made by Mr. Vega, seconded by Mr. Santacruz and unanimously passed appointing Maximo Albornett to fill Seat #3, which term expires in 2028. Mr. Albornett will have his Oath of Office taken during the next meeting once all documentation of the position’s requirements have been confirmed.

Consider Resolution No. 2024-09 – Election of Officers

Mrs. Perez presented Resolution No. 2024-09, entitled:

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.
Mrs. Perez stated, as a result of the recent changes to the District Board, it would be in order to re-elect officers. The following slate of names was provided for election:

Chairperson – Erwin Santacruz
Vice Chairperson – David Vega
Assistant Secretary – Renee Bedoya
Assistant Secretary – Dahiane Rondon
Secretary/Treasurer – Armando Silva
Assistant Secretaries – Gloria Perez and Nancy Nguyen (District Managers for Special District Services, Inc. in Mr. Silva’s absence)
A motion was made by Mr. Vega, seconded by Mr. Santacruz and unanimously passed adopting Resolution No. 2024-09, electing the slate of officers as listed and stated above.
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
1. October 17, 2024, Regular Board Meeting

Mrs. Perez presented the minutes of the October 17, 2024, Regular Board Meeting and asked if there were any changes and/or corrections. There being no changes, a motion was then made by Mr. Vega,

Page 2 of 3

seconded by Ms. Bedoya and unanimously passed approving the minutes of the October 17, 2024, as presented.

OLD BUSINESS
1. Staff Report, as Required

There was no Staff Report at this time.

NEW BUSINESS
Discussion Regarding New Community Cameras

The District, Coronado Master Association and W.A.R. Protection One previously discussed this item and were in the process of identifying the areas that require additional cameras to be installed. The cameras will oversee rights-of-way that are owned/maintained by the CDD. No action regarding this matter was required at this time. The Board will revisit this matter at a future meeting.

Discussion Regarding Parking Enforcement and Security Services

Mrs. Perez noted, pursuant to Mr. Silva’s notes, that he had a conversation with Mr. Santacruz regarding the fact that the new parking enforcement company had not yet been contracted by the Association. This item will be revisited after the New Year.

A brief discussion ensued and this agenda item was TABLED until the next scheduled meeting.

ADMINISTRATIVE & OPERATIONAL MATTERS

Mrs. Perez reminded the Board to complete the ethics training before the end of the year, noting that prior to the meeting, Mr. Silva had confirmed that he had emailed the Board with the links to the ethics training video websites.

BOARD MEMBER & STAFF CLOSING COMMENTS
There were no Board Member closing comments at this time.
ADJOURNMENT
There being no further business to come before the Board, a motion was made by Mr. Santacruz, seconded by Mr. Vega and passed unanimously adjourning the Special Board Meeting at 6:29 p.m.

Secretary/Assistant Secretary	Chairperson/Vice Chairperson

Page 3 of 3

RESOLUTION NO. 2025-01
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CORONADO COMMUNITY DEVELOPMENT DISTRICT APPROVING PROPOSED BUDGETS FOR FISCAL YEAR 2025/2026 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, 2024, a proposed operating budget and debt service budget for Fiscal Year 2025/2026; 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 2025/2026 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:	June 19, 2025
HOUR:	6:15 PM
LOCATION:	DORAL LEGACY PARK SECOND FLOOR CONFERENCE ROOM 11400 NW 82nd TERRACE, 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 20th day of March, 2025.

ATTEST:	CORONADO COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson/Vice Chairperson

Exhibit A: Fiscal Year 2025/2026 Proposed Budget

Coronado Community Development District

Proposed Budget For Fiscal Year 2025/2026
October 1, 2025 - September 30, 2026

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

DETAILED PROPOSED DEBT SERVICE FUND BUDGET

ASSESSMENT COMPARISON

PROPOSED BUDGET
CORONADO COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	FISCAL YEAR 2025/2026
BUDGET	
Administrative Assessments	59,350	
Maintenance Assessments	139,579	
Debt Assessments	252,625	
Master Association Contributions	95,000	
Other Revenues	0	
Interest	1,200	
TOTAL REVENUES	$	547,754	
		
EXPENDITURES		
MAINTENANCE EXPENDITURES		
Security Services	190,000	
Aquatic Maintenance/Midgefly Control	3,000	
Fountain Maintenance/Power - FPL	3,000	
Storm Drainage Maintenance	5,000	
Engineering	2,000	
Roadway/Street Maintenance	7,000	
Soft Gates & Security Cameras Maintenance	10,000	
Storm Drainage/Class V Permit	3,500	
Miscellaneous Maintenance	4,100	
TOTAL MAINTENANCE EXPENDITURES	$	227,600	
		
ADMINISTRATIVE EXPENDITURES		
Supervisor Fees	6,000	
Payroll Taxes	459	
Management	41,124	
Field Operations Management	2,100	
Legal	9,000	
Assessment Roll	3,000	
Audit Fees	3,600	
Insurance	8,100	
Legal Advertisements	4,600	
Miscellaneous	1,600	
Postage	350	
Office Supplies	675	
Dues & Subscriptions	175	
Trustee Fee	3,400	
Continuing Disclosure Fee	350	
Website Management/ADA Compliance	2,000	
Operating Reserve	1,500	
TOTAL ADMINISTRATIVE EXPENDITURES	$	88,033	
		
TOTAL EXPENDITURES	$	315,633	
		
REVENUES LESS EXPENDITURES	$	232,121	
		
Bond Payments	(239,994)	
		
BALANCE	$	(7,873)	
		
County Appraiser & Tax Collector Fee	(4,515)	
Discounts For Early Payments	(18,062)	
		
EXCESS/ (SHORTFALL)	$	(30,450)	
		
Carryover From Prior Year	30,450	
		
NET EXCESS/ (SHORTFALL)	$	-	

DETAILED PROPOSED BUDGET
CORONADO COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	FISCAL YEAR 2023/2024
ACTUAL	FISCAL YEAR 2024/2025
BUDGET	FISCAL YEAR 2025/2026
BUDGET	

COMMENTS	
Administrative Assessments	82,867	71,933	59,350	Expenditures Less Interest & Carryover/.95	
Maintenance Assessments	117,579	127,053	139,579	Expenditures Less Contributions/.95	
Debt Assessments	252,625	252,625	252,625	Bond Payments/.95	
Master Association Contributions	88,400	92,500	95,000	Master Association Contributions - 50% Of Security	
Other Revenues	0	0	0		
Interest	21,434	720	1,200	Projected At $100 Per Month	
TOTAL REVENUES	$	562,905	$	544,831	$	547,754		
					
EXPENDITURES					
MAINTENANCE EXPENDITURES					
Security Services	183,920	185,000	190,000	FY 24/25 Expenditure Through -an 2025 Was $69,616	
Aquatic Maintenance/Midgefly Control	4,380	3,000	3,000	No Change From 2024/2025 Budget	
Fountain Maintenance/Power - FPL	0	2,000	3,000	$1,000 Increase From 2024/2025 Budget	
Storm Drainage Maintenance	5,124	3,000	5,000	$2,000 Increase From 2024/2025 Budget	
Engineering	1,155	2,000	2,000	No Change From 2024/2025 Budget	
Roadway/Street Maintenance	1,700	5,400	7,000	$1,600 Increase From 2024/2025 Budget	
Soft Gates & Security Cameras Maintenance	10,026	8,700	10,000	$1,300 Increase From 2024/2025 Budget	
Storm Drainage/Class V Permit	0	0	3,500	New Requirement In Miami-Dade County	
Miscellaneous Maintenance	14,855	4,100	4,100	No Change From 2024/2025 Budget	
TOTAL MAINTENANCE EXPENDITURES	$	221,160	$	213,200	$	227,600		
					
ADMINISTRATIVE EXPENDITURES					
Supervisor Fees	1,400	6,000	6,000	Supervisor Fees	
Payroll Taxes	107	459	459	Supervisor Fees * 7.65%	
Management	38,808	39,972	41,124	CPI Adjustment	
Field Operations Management	2,100	2,100	2,100	No Change From 2024/2025 Budget	
Legal	2,502	9,000	9,000	No Change From 2024/2025 Budget	
Assessment Roll	3,000	3,000	3,000	As Per Contract	
Audit Fees	3,800	3,900	3,600	Accepted Amount For 2024/2025 Audit	
Insurance	7,195	7,700	8,100	FY 24/25 Expenditure Was $7,672	
Legal Advertisements	4,514	2,200	4,600	Costs +ave Increased Due To Closing Of The Miami Business Review	
Miscellaneous	1,180	1,800	1,600	$200 Decrease From 2024/2025 Budget	
Postage	123	375	350	$25 Decrease From 2024/2025 Budget	
Office Supplies	361	675	675	$25 Decrease From 2024/2025 Budget	
Dues & Subscriptions	175	175	175	No Change From 2024/2025 Budget	
Trustee Fee	3,165	3,500	3,400	$100 Decrease From 2024/2025 Budget	
Continuing Disclosure Fee	350	350	350	No Change From 2024/2025 Budget	
Website Management/ADA Compliance	2,000	2,000	2,000	No Change From 2024/2025 Budget	
Operating Reserve	0	1,500	1,500	Operating Reserve	
TOTAL ADMINISTRATIVE EXPENDITURES	$	70,780	$	84,706	$	88,033		
					
TOTAL EXPENDITURES	$	291,940	$	297,906	$	315,633		
					
REVENUES LESS EXPENDITURES	$	270,965	$	246,925	$	232,121		
					
Bond Payments	(241,470)	(239,994)	(239,994)	2026 P & I Payments Less Interest	
					
BALANCE	$	29,495	$	6,931	$	(7,873)		
					
County Appraiser & Tax Collector Fee	(4,368)	(4,516)	(4,515)	One Percent Of Total Assessment Roll	
Discounts For Early Payments	(15,584)	(18,065)	(18,062)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	9,543	$	(15,650)	$	(30,450)		
					
Carryover From Prior Year	0	15,650	30,450	Carryover From Prior Year	
					
NET EXCESS/ (SHORTFALL)	$	9,543	$	-	$	-		

DETAILED PROPOSED DEBT SERVICE FUND BUDGET
CORONADO COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	FISCAL YEAR 2023/2024 ACTUAL	FISCAL YEAR 2024/2025 BUDGET	FISCAL YEAR 2025/2026 BUDGET	

COMMENTS	

Interest Income	
12,551	
400	
1,000	
Projected Interest For 2025/2026	

NAV Tax Collection	
241,470	
239,994	
239,994	
Maximum Debt Service Collection	

Total Revenues	
$	254,021	
$	240,394	
$	240,994		

EXPENDITURES					

Principal Payments	
133,000	
138,000	
143,000	
Principal Payments Due In 2026	

Interest Payments	
108,284	
101,546	
96,539	
Interest Payments Due In 2026	

Bond Redemption	
0	
848	
1,455	
Estimated Excess Debt Collections	

Total Expenditures	
$	241,284	
$	240,394	
$	240,994		

Excess/ (Shortfall)	
$	12,737	
$	-	
$	-		

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 1/1/2025 =	May 2038

$2,539,000			

Coronado Community Development District Assessment Comparison

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

Administrative	
$	
257.22	
$	
249.12	
$	
219.98	
$	
181.51	
Maintenance	$	351.53	$	359.57	$	388.55	$	426.85	
Debt	$	772.56	$	772.56	$	772.56	$	772.56	
Total	$	1,381.31	$	1,381.25	$	1,381.09	$	1,380.92	

* Assessments Include the Following :	 4% Discount for Early Payments
1% County Tax Collector/Property Appraiser Fee
 Community Information:	       Total Units327

IV