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HomeMy WebLinkAboutO-2007-008 Aqua Isles ORDINANCE NO. 2007-008 AN ORDINANCE OF THE CITY OF DANIA BEACH, FLORIDA ESTABLISHING THE AQUA ISLES COMMUNITY DEVELOPMENT DISTRICT; MAKING CERTAIN FINDINGS REGARDING THE DISTRICT; DESCRIBING THE EXTERNAL BOUNDARIES OF THE DISTRICT; NAMING FIVE PERSONS DESIGNATED TO BE THE INITIAL MEMBERS OF THE BOARD OF SUPERVISORS; PROVIDING FOR CERTAIN SPECIAL POWERS; PROVIDING FOR SEVERABILITY; PROVIDING FOR CONFLICTS; FURTHER, PROVIDING FOR AN EFFECTIVE DATE. BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF DANIA BEACH,FLORIDA: Section 1. That the City of Dania Beach, Florida ("City") is authorized to adopt this Ordinance under the authority granted by the provisions of Chapter 166, Florida Statutes, as amended, and other applicable provisions of law. Section 2. That it is found and determined that: A. Aqua Isles by Carr Residential, LLC, a Florida limited liability company, the owner of 100% of that certain development within the City commonly known as Aqua Isles (the "Property"), has petitioned the City to form a community development district for the Property within the meaning of the Uniform Community Development Act of 1980, Chapter 190, Florida Statutes (the "Act") as a reasonable and appropriate method of providing the infrastructure to serve residents of the Property. The District would be known as the "Aqua Isles Community Development District" (the "District") and the boundaries of the District would be coterminous with the boundaries of the Property. B. The City has conducted a public hearing on the Petition in accordance with the requirements of section 190.005(1)(d) and has considered the record of the public hearing and the factors set forth in section 190.005(1)(e) of the Act, among other factors, and finds that: 1. All statements in the Petition have been found to be true and correct; 2. The creation of the District is not inconsistent with any applicable elements or portion of the State of Florida's comprehensive plan or of the effective City comprehensive plan; 3. The area of land within the proposed District is of sufficient size, is sufficiently compact, and is sufficiently contiguous to be developable as one functional interrelated community; 4. The District is the best alternative available for delivering community development services and facilities to the area that will be served by the District; and 5. The community development services and facilities of the District will not be incompatible with the capacity and uses of existing local and regional community development services and facilities. 6. The area that will be served by the District is amenable to separate special-district government. C. The City now desires to grant the Petition and to establish the District, as more fully set forth in this Ordinance. Section 3. That the City grants the Petition and establishes the District as a community development district within the meaning of the Act and as an independent special district within the meaning of Chapter 189, Florida Statutes. The name of the District shall be the "Aqua Isles Community Development District." Section 4. That the external boundaries of the District shall be as set forth on Exhibit A, attached and incorporated by this reference. Section 5. That the five persons to be the initial members of the Board of Supervisors of the District, each of whom is designated in the Petition, are as follows: Name: James Carr Address:1560 South Dixie Highway, Suite 211 Coral Gables, Florida 33146 Name: Oscar Barbara Address: 1560 South Dixie Highway, Suite 211 Coral Gables, Florida 33146 Name: Harold Eisenacher Address: 1560 South Dixie Highway, Suite 211 Coral Gables, Florida 33146 2 ORDINANCE#2007-008 Name: Ricardo Coelho Address: 1560 South Dixie Highway, Suite 211 Coral Gables, Florida 33146 Name: Albert Sanchez Address: 1560 South Dixie Highway, Suite 211 Coral Gables, Florida 33146 Section 6. That pursuant to section 190.012(2) of the Act, the City consents to the exercise by the District of the power to plan, establish, acquire, construct or reconstruct, enlarge or extend, equip, operate and maintain systems and facilities within the boundaries of the property for (1) parks and facilities for indoor and outdoor recreational, cultural and educational uses; (2) fire prevention and control, including fire stations, water mains and plugs, fire trucks and other vehicles and equipment; (3) security, including, but not limited to, guardhouses, fences and gates, electronic intrusion detection systems, and patrol cars, when authorized by proper governmental agencies, except that the District may not exercise any police power, but may contract with the appropriate local general-purpose government agencies for an increased level of such services within the District boundaries; and (4) control and elimination of mosquitoes and other arthropods of public health importance. The foregoing powers are in addition, and supplemental, to the powers which the proposed District would be entitled to exercise pursuant to Sections 190.011 and 190.012 (1) and (3) of the Act. Section 7. That the disclosures set forth in Exhibit `B" attached to this Ordinance shall apply to the sale of residential units within the boundaries of the District. Section 8. That if any section, clause, sentence or phrase of this Ordinance is for any reason held invalid or unconstitutional by a court of competent jurisdiction, the holding shall not affect the validity of the remaining portions of this Ordinance. 3 ORDINANCE#2007-008 Section 9. That all ordinances or parts of ordinances and all resolutions or parts of resolutions in conflict with the provisions of this Ordinance are repealed. Section 10. That this Ordinance shall take effect immediately at the time of its passage and adoption. PASSED on first reading on April 10, 2007. PASSED AND ADOPTED on second reading on April 24, 2007. OB ANTO MAYOR-COMMISSIONER ATTEST: atk k-— CFO LOUISE STILSON, CMC CITY CLERK APPROVED AS TO FORM ND CORRECTNESS: BY: THOMAS J. ANS RO CITY ATTORNEY 4 ORDINANCE#2007-008 EXHIBIT "A" EXTERNAL BOUNDARIES OF THE DISTRICT LEGAL DESCRIPTION BEGINNING at the Southwest corner of Section 30, Township 50 South, Range 42 East of Broward County, Florida; THENCE North 01*46'18" West on the West line of the Southwest one-quarter (S.W. '/4) of said Section 30, a distance of 886.69 feet; THENCE North 88°13156" East, a distance of 528.68 feet; THENCE South 01°46'18" East, a distance of 925.96 feet to a point on the South line of the Southwest one-quarter(S.W. '/4) of said Section 30; THENCE North 87°31'11" West on the South line of the Southwest one-quarter (S.W. '/4) of said Section 30, a distance of 530.14 feet to the POINT OF BEGINNING; LESS AND EXCEPT the South 53.0 feet for County Road per Official Records Book 18740,Page 421 of the Public Records of Broward County, Florida. Said lands being in the City of Dania Beach, Broward County, Florida and containing 451,059 square feet(10.35 acres), more or less. 5 ORDINANCE#2007-008 EXHIBIT "B" DISCLOSURES APPLICABLE WITHIN THE DISTRICT A. In addition to the disclosure required by Section 190.048, Florida Statutes, a copy of which is set forth below at (*), the following measures shall be taken by the petitioner with respect to disclosing the District to prospective purchasers of residential units from the petitioner within the District boundaries: 1. The petitioner shall provide prospective purchasers of residential units from the petitioner with a summary sheet containing information relating to the existence of the District, the functions of the District, and the fact that the District will be funding certain infrastructure within the District through special assessments on residential units within the District; 2. The petitioner shall provide prospective purchasers of residential units from the petitioner with a copy of a sample tax bill for a residential unit within a community development district highlighting the community development district special assessment; 3. The petitioner shall post a sign at the entrance to the project to be constructed on the Property and at the project sales office disclosing the existence of the District, the functions of the District, and the fact that the District will be funding certain infrastructure within the District through special assessments on residential units within the District. The signs shall be installed at locations that are readily available for viewing by prospective purchasers of residential units within the District. 4. The petitioner shall provide its sales staff with training regarding the District and instruct the sales staff to verbally inform prospective purchasers of residential units within the District of the existence of the District and to review the summary sheet referenced in Section 1 above. 5. All sales advertising prepared by the petitioner for the proposed project being constructed within the District shall state that the proposed project is located within a community development district and that the District will be funding certain infrastructure within the District through special assessments on residential units within the District. B. The disclosure required by Section 190.048, Florida Statutes, to be given to the initial purchaser of a residential unit within the District, shall also be given by each purchaser of a residential unit within the District to the subsequent purchaser of such residential unit in the ORDINANCE#2007-008 same manner as set forth in Section 190.048, Florida Statutes. In addition, at closing of each residential unit within the District, the purchaser shall be provided with a separate sheet of paper with the disclosure language as set forth in Section 190.048, and the purchaser shall sign the sheet of paper acknowledging receipt of such disclosure. Further, each deed transferring title to a residential unit within the District shall contain the disclosure language set forth in Section 190.048. (*) 190.048 Sale of real estate within a district; required disclosure to purchaser.--Subsequent to the establishment of a district under this chapter, each contract for the initial sale of a parcel of real property and each contract for the initial sale of a residential unit within the district shall include, immediately prior to the space reserved in the contract for the signature of the purchaser, the following disclosure statement in boldfaced and conspicuous type which is larger than the type in the remaining text of the contract: "THE (Name of District) COMMUNITY DEVELOPMENT DISTRICT MAY IMPOSE AND LEVY TAXES OR ASSESSMENTS, OR BOTH TAXES AND ASSESSMENTS, ON THIS PROPERTY. THESE TAXES AND ASSESSMENTS PAY THE CONSTRUCTION, OPERATION, AND MAINTENANCE COSTS OF CERTAIN PUBLIC FACILITIES AND SERVICES OF THE DISTRICT AND ARE SET ANNUALLY BY THE GOVERNING BOARD OF THE DISTRICT. THESE TAXES AND ASSESSMENTS ARE IN ADDITION TO COUNTY AND OTHER LOCAL GOVERNMENTAL TAXES AND ASSESSMENTS AND ALL OTHER TAXES AND ASSESSMENTS PROVIDED FOR BY LAW." 7 ORDINANCE 42007-008 PETITION TO ESTABLISH AQUA ISLES COMMUNITY DEVELOPMENT DISTRICT January, 2007 {00004470.DOC v.1 8/8/2006 07:47 PM) BEFORE THE CITY COMMISSION OF THE CITY OF DANIA BEACH, FLORIDA IN RE: AN ORDINANCE TO ESTABLISH THE AQUA ISLES COMMUNITY DEVELOPMENT DISTRICT PETITION Aqua Isles by Carr Residential, LLC, a Florida limited liability company ("Petitioner"), hereby submits this Petition to the City Commission of the City of Dania Beach, Florida, pursuant to the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes, to establish a Community Development District with respect to the land described herein. In support of this Petition, Petitioner states as follows: 1. Location and Size. The proposed District is located on the north side of Griffin Road at S.W. 40°i Avenue in the Dania Beach, Florida, and contains approximately 10.35 acres. The general location of the proposed District is shown on Exhibit 1 attached hereto. The metes and bounds description of the external boundaries of the proposed District is set forth in Exhibit 2 attached hereto. 2. Landowner Consent. Attached hereto as Exhibit 3 is the written consent of the owner of 100% of the real property to be included within the proposed District. 3. Name. The proposed name of the proposed District to be established is Aqua Isles Community Development District (the "District"). 4. Initial Board Members. The five persons designated to serve as initial members of the Board of Supervisors of the proposed District are as follows: Name: James Carr Address:1560 South Dixie Highway, Suite 211 Coral Gables, Florida 33146 Name: Oscar Barbara Address: 1560 South Dixie Highway, Suite 211 Coral Gables, Florida 33146 {00004470.DOC v.l 8/8/2006 07:47 PM} Name: Harold Eisenacher Address: 1560 South Dixie Highway, Suite 211 Coral Gables, Florida 33146 Name: Lisa Eisenacher Address: 1560 South Dixie Highway, Suite 211 Coral Gables, Florida 33146 Name: Albert Sanchez Address: 1560 South Dixie Highway, Suite 211 Coral Gables, Florida 33146 All of the above listed persons are residents of the State of Florida and citizens of the United States of America. 5. Existing Land Uses. The lands within the proposed District are currently vacant and are zoned in the PRD-l(Planned Unit Residential) zoning district, as set forth in the City of Dania Beach Zoning Code. 6. Future Land Uses. The proposed development of the lands within the proposed District contemplates the construction of 127 townhouses and 20 docks. These proposed land uses are consistent with the state comprehensive plan, and with the City of Dania Beach Comprehensive Plan, which designates the Property as Low Medium (10) Residential as shown on Exhibit 4 attached hereto. Exhibit 5 attached hereto shows the proposed development plan for the lands within the District. 7. Major Water and Wastewater Facilities. Exhibit 6 attached hereto shows the existing major trunk water mains and sewer connections serving the lands within the District. Exhibit 6 also depicts the major outfall canals and drainage system for the lands within the proposed District. 8. District Facilities and Services. The Petitioner presently intends for the proposed District to participate in the funding and construction of the following described improvements: (a) Surface water management system; (b) Water distribution system; and (c) Wastewater collection system. 100004470.DOC v.1 8/8/2006 07:471'M 1 2 Exhibit 7 attached hereto sets forth the estimated costs of construction of the improvements Petitioner presently expects the proposed District to fund, construct and install. The proposed timetable for construction is shown in Exhibit 8 attached hereto. These are good faith estimates but are subject to change. Actual construction timetables and expenditures will likely vary, due in part to the effects of future changes in economic conditions upon costs such as labor, services, materials, interest rates and market conditions. 9. Statement of Estimated Regulatory Costs. A Statement of Estimated Regulatory Costs prepared in accordance with the requirements of Section 120.541, Florida Statutes, is attached hereto as Exhibit 9. 10. Petitioner and Authorized Agent. The Petitioner is Aqua Isles by Carr Residential LLC, a Florida limited liability company, whose address is 1560 South Dixie Highway, Suite 209, Coral Gables, Florida 33146. Copies of all correspondence and official notices should also be sent to the authorized agent for the Petitioner: Dennis E. Lyles, Esq. Billing, Cochran, Heath, Lyles, Mauro & Anderson, P.A. 888 S.E. 3`d Avenue, Suite 301 Fort Lauderdale, Florida 33316 Phone: 954-764-7150 / Fax: 954-764-7279 Email: dlyles(a)bchlm.com 11. This Petition to establish the Aqua Isles Community Development District should be granted for the following reasons: a. Establishment of the proposed District and all land uses and services planned within the proposed District are not inconsistent with any applicable clement or portion of the state comprehensive plan or the effective local government comprehensive plan. b. The area of land within the proposed District is part of a unified plan of development that has been or will be approved by the City Commission of the City of Dania Beach, Florida. It is of a sufficient size and is sufficiently compact and contiguous to be developed as one functional and interrelated community. 100004470.1)OC v.] 8/8/2006 07:47I'M1 3 C. The proposed District will be the best alternative available for delivering community development services and facilities to the area to be served without financially impacting persons residing outside the proposed District. Establishment of the proposed District in conjunction with a comprehensively planned community, as proposed, allows for a more efficient use of resources. d. The community development services and facilities of the proposed District will be compatible with the capacity and use of existing local and regional community development services and facilities. In addition, the establishment of the proposed District will provide a perpetual entity capable of making reasonable provisions for the operation and maintenance of the proposed District services and facilities in the future. e. The area to be served by the proposed District is amenable to separate special-district government. WHEREFORE, Petitioner respectfully requests the City Commission of the Dania Beach, Florida to: a. Hold a public hearing to consider the establishment of the Aqua Isles Community Development District in accordance with the requirements of Section 190.005(2)(b), Florida Statutes; and b. Adopt an ordinance pursuant to Chapter 190, Florida Statutes, granting this Petition and establishing the Aqua Isles Community Development District. SUBMITTED this 1'1 day of �r*; y 12007. Aqua Isles by Carr Residential, LLC, a Florida limited liability company By: Print: fyaro%/Fser�acker Title: 100004470.DOC r.l 818C006 07.47 PAI; 4 EXHIBIT 1 LOCATION SKETCH 100004470.DOC v.1 8/8/2006 07:47 PM) w Y IL z ry N s R $n Q 0 r� 1595 u- co FT.LAUDERDALE/ HOLLYWOOD THIS INTERNATIONAL AIRPORT PLAT GRIFFIN ROAD LOCATION MAP °' co NOT TO SCALE A �C i q A 1q Y CmhTtifiboedm6AnodumJw- LEGAL DESCRIPTION a P90CC No w� FEviacros %rwyon Pbmm N T_S_� 04-4925 1"�E.1...�.E AQUA ISLES PLAT i K GUE.d : E "9991E EATS CM RlL P^^� EEE.m.ml EEE1.EEE, CITY OF DANIA BEACH, BAOWARD COUNTY FLONDA c.una.l. .1 r,lm U..N., is ww 07-11--2006 of 3 EXHIBIT 2 METES AND BOUNDS DESCRIPTION 100004470.DOC vJ 8/8/2000 07:47 PM} LEGAL DESCRIPTION : BEGINNING at the Southwest corner of Section 30, Township 50 South, Range 42 East of Broward County, Florida; THENCE North 01 "46'18" West on the West line of the Southwest one-- Quarter (S.W. 4) of said Section 30, a distance of 886.69 feet; THENCE North 88°13'56" East, a distance of 528.68 feet; THENCE South 01 °46'18" East, a distance of 925.96 feet to a point on the South line of the Southwest one—quarter (S.W.a) of said Section 30; THENCE North 87°31 '11 " West on the South line of the Southwest one—quarter (S.W.4 of said Section 50, a distance of 53014 feet to the POINT OF BEGINNING; LESS AND EXCEPT the South 53.0 feet for County Road per Official Records Book 18740, Page 421 of the Public Records of Broward County, Florida. Said lands being in the City of Dania Beach, Broward R County, Florida and containing 451 ,059 square feet (10.35 acres), more or less. s 3 8 A E i �a4 T S 04-GwdmwLA"06" bC LEGAL DESCRIPTION 49275 %MVYMpbwmn . AQUA ISLES PLAT a� Fl� 2 CITY OF DANIA BEACH, BROWARD COUNTY, FLORIDA F 'ce.uaaa oe♦nmo...uon xo.=a evo= 07-11-2006 or 3 a EXHIBIT 3 AFFIDAVIT OF OWNERSHIP AND CONSENT TO THE CREATION OF THE AQUA ISLES COMMUNITY DEVELOPMENT DISTRICT STATE OF FLORIDA COUNTY OF t.ami- Dade. On this � day of '1 �� 2007, personally appeared before me, Qrold 6 1 n?Cho/) an officer duly authorized to administer oaths and take acknowledgements, who, after being duly swom, deposes and says: 1. Affiant is the Vju f L 4of Aqua Isles by Can' Residential, LLC, a Florida limited liability company (the "Company"). 2. The Company is the owner of the following described property, to wit: See Exhibit "A" attached hereto (the "Property") 3. Affiant hereby represents that she/he has full authority to execute all documents and instruments on behalf of the Company, including the Petition before City Commission of the City of Dania Beach, Florida, to enact an ordinance to establish the Aqua Isles Community Development District (the "Proposed CDD"). 4. The Property constitutes all of the real property to be included in the Proposed CDD. 5. Affiant, on behalf of the Company, hereby consents to the establishment of the Proposed CDD. �00004470.DOC%.l 8/82006 07:47 PM I FURTHER AFFIANT SAYETH NOT. f�rs/B/E`s W' Subscribed and sworn to before me this ( day of xnLkc v 2007, by Narold C(ser1Q(&#vho personally appeared before me, and is personally known. 1 TERESApAU.yTOJW�,,y� Notary: \ y,y P�JQ /,� ALL"C) E op'ne. � ��IVM11rE�JWB'� Print Name: �kp>� � A �—rcL �COIM DOMO553D BOfMd NNiaW AfMI Notary Public, State of Florida 00001470.DOC%.) 8i82006 07'.47P'A Exhibit "A" to Affidavit Legal Description of Property 100004470.DOC N 1 M2000 07'A7 PM I LEGAL DESCRIPTION : BEGINNING at the Southwest carrier of Section 30, Township 50 South, Range 42 East of Broward County, Florida; THENCE North 01 °46'18" West on the West line of the Southwest one—quarter (S.W.4) of said Section 30, a distance of 886.69 feet; THENCE North 88e13'56" East, a distance of 528.58 feet; THENCE South 01e46'18" East, a distance of 925.96 feet to a point on the South line of the Southwest one—quarter (S.W.4) of said Section 30; THENCE North 87e31 '11 " West on the South line of the Southwest one—quarter (S.W.4) of said Section 30, a distance of 530. 14 feet to the POINT OF BEGINNING; LESS AND EXCEPT the South 53.0 feet for County Road per Official Records Book 18740, Page 421 of the Public Records of Broward County, Florida. Said lands being in the City of Dania Beach, Broward County, Florida and containing 451 ,059 square feet (10.35 acres), more or less. r E q$ A of Anoc"m LEGAL DESCRIPTION 4' ZwSm PEE N. T. S. 04-4925 _ AQUA ISLES PLAT QV7. S• ' F.A�BW�Pdf.TlBrl lei 6WP21.000'! WEE CM Fll£ $ CITY OF DANIA BEACH, DRDWARD COUNTS,FLORIDA 'ceue��ee enmmvuou ne.`a men 07-1 1 -2006 or 3 EXHIBIT 4 FUTURE LAND USE DESIGNATION 100004470.DOC v 1 8/8/2006 07:47 PM I V C � O N — d O O O . i unu.:*rwan,wd��w �J a ' t i' k.4 v✓fi^ytM1' �`�F tj Y k � .-� TYZ h� 4h W 4 k4 I _ LAD go la 71 tJ, r q ,w.'i2we L a3 ,= t AiJ� I'n 9 j 1 kM v w ,94A, ♦�/� ri�� ' a �,'.�zr 1 r�`�o t 2'' ��;f ��h �� /z Ot Q EXHIBIT 5 PROPOSED DEVELOPMENT PLAN (00004470.DOC v.l 8/8/2006 07:47 PM) i i i I i _ s i a ` 1 I y ` 1 L r i i fy , i — ----- ---- 1 0 0 0 0 00 00 00 00 00 00 00 00 i _ x d � EXHIBIT 6 MAJOR TRUNK WATER MAINS, SEWER INTERCEPTORS AND OUTFALLS {00004470.DOC v.1 8/8/2006 07:47 PM} S2 a � . : rxr. • .. - � r� a❑ - ❑ta❑ -F❑ E9'-❑ ❑-El-Df-F - r : llylIlaa' � n_.it FL ft iiJ)i �A If � s r S , rl! eL '11' 7�i LL_ .nl li �� I �i _lip + ' ❑II' rn• u o � B.r JAI r f d m d S! x �� C i1,�„ ] ; If • „ � II �I�� �� � 'lid lag, dill yy. ralr LlO"—�� ,� I �. f• 1 I,.{ C ❑II » rQ, lY ��A SA hd I� i r �J �Slp � l 111 � ei+ vi II� < . II ❑-� Bui O� j x I •� L��C] II' Tl � I// :� _ � � � III e� i� fiiii I ❑ 1 r i- ! 14��5.3 ❑� I�I I'I I 5..+ ,1--t i �a `� ��{_ 1 , ���;1 iFo l DO, [ 'ZO C..S `�C-CJ it C3:��.I; 1�, a i3 ❑ _ bill I I Ir' I ' 9f I� � 0u.� a r_AI �9umu S ue u�"�`-'�° 19 Bi CI.o CL Eln o�, 1 F' • flyl Eri n n ❑ B B�r `pr ORFFM ROAD CPCfL� r�� l Cad r dig 1 PETJ Ef =�S ------ ' '1- Il. la- ° '1- J 1 . ° 8 1 I 'li Irs e. l9 l°e Iz, !at il; �e fill- ! 9 i e E 5 r a II al. I . 1st I Ih lob, ft if UJ Iq�L�, I �IE z saz 71 � . � � � illilllll ,'I� �_ I is saga• •I �ao°� �� I� i� � I • ,��� Ali::: � i � °I- C�, � x •1> ` l N -B> srl l o �El (1 a LL [Silll�Ill � J Ld No ez e � ILJU ts, Moe t9 - c n ' i °111019 I i qt °de�E�er'I- -$ saa sav ", i ,m o t '-: • 1 >� �1� fat � s� aL. ,l- sass "9 .,ymat > �d�d= s ; � uea'�,pl felt t,l, tva i 011No I SIM i595 m CRl 11V ROAD Ill 1, EXHIBIT 7 ESTIMATED COSTS OF DISTRICT IMPROVEMENTS Surface Water Management $ 661,770 Water Distribution S 441,049 Wastewater Collection $ 955,960 Total Estimated Costs $ 2,058,779 00004470.DOC v.1 8/8/2000 07:47 PM I EXHIBIT 8 PROPOSED TIMETABLE FOR CONSTRUCTION OF DISTRICT IMPROVEMENTS Start Date Completion Date Stormwater Management November, 2006 June, 2007 Water Distribution November, 2006 June, 2007 Wastewater Collection November, 2006 June, 2007 100004470 DOC NA 8/8/2000 07:47 PM} EXHIBIT 9 STATEMENT OF ESTIMATED REGULATORY COSTS 1.0 Introduction 1.1 Purpose and Scope This Statement of Estimated Regulatory Costs ("SERC") supports the petition to form the Aqua Isles Community Development District ("District"). The proposed District comprises approximately 10.35 acres of land located within the City of Dania Beach (the "City"), Broward County (the "County"), Florida. The limitations on the scope of this SERC are explicitly set out in Section 190.002 (2) (d), F.S. (governing District formation or alteration) as follows: "That the process of establishing such a district pursuant to uniform general law shall be fair and based only on factors material to managing and financing the service delivery function of the district, so that any matter concerning permitting or planningof f the development is not material or relevant (emphasis added)." 1.2 Overview of the Aqua Isles Community Development District The proposed District is designed to provide community infrastructure, services, and facilities along with certain on-going operations and maintenance to the Aqua Isles Community Development District. The Aqua Isles Community Development District will encompass approximately 10.35 acres. The development plan for the proposed lands within the District includes the construction of approximately 127 residential units and 20 docks (the "Development"). All are authorized for inclusion within the District. A Community Development District is an independent unit of special purpose local government authorized by Chapter 190, Florida Statutes, to plan, finance, construct, operate and maintain community-wide infrastructure in planned community developments. CDD's provide a "solution to the state's planning, management and financing needs for delivery of capital infrastructure to service projected growth without overburdening other governments and their taxpayers." Section 190.002 (1) (a), F.S. A CDD is not a substitute for the local, general purpose, government unit, i.e., the City or County in which the CDD lies. A CDD does not have permitting, zoning or police powers possessed by general purpose governments. A CDD is an alternative means of financing, constructing, operating, and maintaining community infrastructure for planned developments, such as the proposed Development herein. The scope of this SERC is 100004835.DOC v.1 12/7/2006 12.17 PM12 limited to evaluating the consequences of approving the proposal to establish the Aqua Isles Community Development District. 1.3 Requirements for Statement of Estimated Regulatory Costs Section 120.541 (2), F.S. (1997), defines the elements a statement of estimated regulatory costs must contain: (a) A good faith estimate of the number of individuals and entities likely to be required to comply with the rule, together with a general description of the types of individuals likely to be affected by the rule. (b) A good faith estimate of the cost to the agency], and to any other state and local government entities, of implementing and enforcing the proposed rule, and any anticipated effect on state and local revenues. (c) A good faith estimate of the transactional costs likely to be incurred by individuals and entities, including local governmental entities, required to comply with the requirements of the rule. As used in this paragraph, "transactional costs" are direct costs that are readily ascertainable based upon standard business practices, and include filing fees, the cost of obtaining a license, the cost of equipment required to be installed or used or procedures required to be employed in complying with the rule, additional operating costs incurred, and the cost of monitoring and reporting. (d) An analysis of the impact on small businesses as defined by Section 288.703, F.S., and an analysis of the impact on small counties and small cities as defined by Section 120.52, F.S. (The City is not defined as a small city for purposes of this requirement.) (e) Any additional infom3ation that the agency determines may be useful. (0 In the statement or revised statement, whichever applies, a description of any good faith written proposal submitted under paragraph (1) (a) and either a statement adopting the alternative or a statement of the reasons for rejecting the alternative in favor of the proposed rule. 2.0 A good faith estimate of the number of individuals and entities likely to be required to comply with the rule, together with a general description of the types of individuals likely to be affected by the rule. As noted above, the Development described herein is an anticipated planned community designed for up to 127 total residential units. Formation of the District would put all of these households under the jurisdiction of the District. It is not anticipated that anyone For the purposes of this SERC,the lei m"agency means City of Dania Beach and the term"rule" means the ordinance(s) which the City of Dania Beach will enact in connection with the creation of the District. 00004835.DO(1.1 12/7/2000 12 17iw13 outside the District would be affected by the rule creating the District, although the State of Florida, the City and County would be required to comply with the rule. 3.0 Good faith estimate of the cost to state and local government entities, of implementing and enforcing the proposed rule, and any anticipated effect on state and local revenues. 3.1 Costs to Governmental Agencies of Implementing and Enforcing Rule State Government Entities There will be only modest costs to various State governmental entities to implement and enforce the proposed formation of the District. The District as proposed will encompass less than 1,000 acres; therefore, the City is the establishing entity under 190.005 (1) F.S. The modest costs to various State entities to implement and enforce the proposed rule relate strictly to the receipt and processing of various reports that the proposed District is required to file with the State and its various entities. Appendix A lists the reporting requirements. The costs to those State agencies that will receive and process the District's reports are very small, because the District is only one of many governmental units that are required to submit the various reports. Therefore, the marginal cost of processing one additional set of reports is inconsequential. Additionally, pursuant to section 169.412, F.S., the District will be required to pay an annual fee to the State of Florida Department of Community Affairs, which offsets such costs. Citv of Dania Beach The proposed land for the District is in the City of Dania Beach, Broward County, Florida. The City and its staff may process and analyze the petition, conduct hearings with respect to the petition, and the City Commission of the City of Dania Beach will vote upon the petition to establish the District. These activities will absorb some resources. The costs to produce the record of the City Commission hearing, the transcript of the hearing, and the ordinance adopted by the City Commission will be offset by the filing fee required under 190.005(1)(b), F.S. These costs to the City are modest for a number of reasons. First, according to Chapter 190, F.S., review of the petition to establish the District does not include analysis of the project itself. Second, the petition itself provides much of the information needed for a staff review. Third, local governments already possess the staff needed to conduct the review without the need for new staff. Fourth, there is no capital required to review the petition. Fifth, the potential costs to the City are offset by the required filing fee. Finally, local governments routinely process similar petitions for land uses and zoning charges that are far more complex than is the petition to establish a community development district. The annual costs to the City because of the establishment of the District are also very small. The proposed District is an independent unit of local government. The only 100004835.1)0( v.1 12/7/2006 12 17 PM)4 annual costs the City faces are the minimal costs of receiving and reviewing the various reports that the District is required to provide to the local governing authorities. 3.2 Impact on State and Local Revenues Adoption of the proposed rule will have no negative impact on State and local revenues. The District is an independent unit of local government. It is designed to provide community facilities and services to serve the planed Development. It has its own sources of revenue. No State or local subsidies are required or expected. In this regard it is important to note that any debt obligations incurred by the District to construct its infrastructure, or for any other reason, are not debts of the State of Florida, the City, or any other unit of local government. In accordance with State law, debts of the District are strictly its own responsibility. 4.0 A good faith estimate of the transactional costs are likely to be incurred by individuals and entities required to comply with the requirements of the ordinance. Table 1 provides an outline of the various facilities and services the proposed District may provide. The proposed CDD intends to finance stormwater management and control systems, including earthworks and landscaping, and water distribution and wastewater collection and transmission facilities. Table 1. Aqua Isles Community Development District Proposed Facilities and Services FACILITY FUNDED O&M OWNERSHIP BY Stormwater Management CDD CDD CDD Water Improvements CDD CITY CITY Wastewater Improvements CDD CITY CITY CDD = PROPOSED COMMUNITY DEVELOPMENT DISTRICT; CITY = CITY OF DANIA BEACH The petitioner has estimated the design and development costs for providing the capital facilities as outlined in Table 1. The cost estimates are shown in Table 2 below. Total design and development costs for these facilities are estimated to be approximately S2,058,779. The District may issue special assessment or other revenue bonds to fund the development of these facilities. These bonds would be repaid through non ad 00003535.D0C v,1 12,72006 12:17 PM}5 valorem assessments levied on all properties in the District that may benefit from the District's capital improvement program outlined in Table 2. Prospective future landowners in the District may be required to pay non-ad valorem assessments levied by the District to secure the debt incurred through bond issuance. In addition to the levy of non-ad valorem assessments for debt service, the District may also impose a non-ad valorem assessment to fund the operations and maintenance of the District and its facilities and services. However, locating in the District by new residents is completely voluntary. So, ultimately, all owners and users of the affected property choose to accept the non-ad valorem assessments as a tradeoff for the numerous benefits and facilities that the District provides. In addition, state law requires all assessments levied by the District to be disclosed by the seller to all prospective purchasers of property within the District. A Community Development District ("CDD") provides residents with the option of having higher levels of facilities and services financed through self-imposed charges. The District is an alternative means to finance necessary community services. District financing is no more expensive, and often less expensive, than the alternatives of a municipal service taxing unit (MSTU), a neighborhood association, City/County provision, or through developer equity and/or bank loans. In considering these costs it shall be noted that occupants of the lands to be included within the District will receive three major classes of benefits. First, those residents and businesses in the District will receive a higher level of public services and amenities sooner than would otherwise be the case. Second, a CDD is a mechanism for assuring that the community services and amenities will be completed concurrently with development of lands within the District. This satisfies the revised growth management legislation, and it assures that growth pays for itself without undue burden on other consumers. Establishment of the District will ensure that these landowners pay for the provision of facilities, services and improvements to these lands. Third, a CDD is the sole form of governance which allows District landowners, through landowner voting and ultimately electoral voting for resident elected boards, to determine the type, quality and expense of the District services they receive, provided they meet the City's overall requirements. The cost impact on the ultimate landowners in the District is not the total cost for the District to provide infrastructure services and facilities. Instead, it is the incremental costs above what the landowners would have paid to install infrastructure via an alternative financing mechanism. Given the low cost of capital for a CDD, the cost impact to landowners is negligible. This incremental cost of the high quality infrastructure provided by the District is likely to be fairly low. 00004835,DOC v.] 12/7/2006 12.17PM}6 Table 2. Cost Estimate for District Facilities CATEGORY COST Stormwater Management $ 661,770 Water Improvements $ 441,049 Wastewater Improvements $ 955,960 Total Estimated Costs $ 2,058,779 5.0 An analysis of the impact on small businesses as defined by Section 288.703, F.S., and an analysis of the impact on small counties and small cities as defined by Section 120.52, F.S. There will be little impact on small businesses because of the formation of the District. If anything, the impact may be positive. This is because the District must competitively bid many of its contracts. This affords small businesses the opportunity to bid on District work. The City has an estimated population in 2000 that is greater than 10,000. Therefore the City is not defined as a "small" City according to Section 120.52. F.S. 6.0 Any additional useful information. The analysis provided above is based on a straightforward application of economic theory, especially as it relates to tracking the incidence of regulatory costs and benefits. Inputs were received from the Developer's Engineer and other professionals associated with the Developer. 00004335.DO( v_1 12/7/2006 12:17PM}7 4 APPENDIX A Reporting Requirements Florida Special District Handbook APPENDIX A: REPORTING REQUIREMENTS AT A GLANCE Submission Statutory / Rule Applicable Special Due Date Requirement Reference I Districts AuwoR GENERAL,LOCAL GOVERNMENT SECTION. Room 401,Claude Pepper'Building, 111 West Madison Street,Tallahassee, Florida 32399-1450 All special districts':+nth either revenues of experxlitures of more than `1100.Ca0.0 00 All special district's�nith revenues or expenditures expenses het:,,een$50.000,00 and .Annually within 45 S100.000,00 that have not days after delivery of heen subjecled to a the audit report to the Section 218.39. F..S_ financial audit for the 1,.vo governmental entity_ Annual Financial Chaplet 1().550. Rums preceding fiscal years. but no laterthan 12 Audit Report of the Audt ror General, months after fiscal Handbook Section 2-4 A dependent special year end T:,,o district that is a component copies of the annual unit of a county or financial audit report municipality may provide must be submitted to for an.annual financial the Auditor General. aUdil by beintl included in the audit of that County of n-amicfpality. In such instances,that audit report niust clearly state that the special district is a component unit of the county or municipality. Abbreviations: F.A.C. =F.orrcia i+cGn+r:+scrub✓a Curie:F.S. = F3oi;da StaMtes A-1 100004470.DOC v.l 8/8/2006 07:47 PMi Florida Special District Handbook Submission FStatutory ! Rule Applicable Special Due Date Requirement Reference Districts DEPARTMENT OF COMMUNITYAFFAIRS,SPECIAL DISTRICT 1NFORMAT7oN PROGRAM 2555 Shumard Oak Boulevard,Tallahassee, Florida 32399-2100 Creation 9.41 s F..S, s"dithin 30 days aflr'.r Documents and Section 18 Amendments, Handbook SeiUon 'I - 4 All special districts, adoption ppreveL including Codified Act,if applicable Written Status Section 1 9 418.F.S, hin 30 days after Statement Handbook Section 1 -4 All special districts_ adoption;approval of creation document. Dissolution Section 180A042, FS Within 30 days ufthe Documents HandbookSeetion 1 -4 All special districts dissolution effective date. Section 189.418, F.S_ Within 30 days of the Merger Documents Section 18 A(142. F S All special disbicts- merger's effective Handbook Section 1 -4 date. Special District Map Section 189.41 E. F S W er Within 30 days aft and Amendments Handbook Section 1 -4 All special distdets adoption:approval. Annually, by the due Special District Fee Section 18a.427 F S date on the Form Invoice($175.00) RUIP,913-50.003 FA C All special districts. (sent to all special and Update Form Handbook Section 1 - 3 districts around October 1). Registered Agent Section 183A1 , F.S Vfithin 30 days after and Office Initial Section I&0A18, FS. All special distrids the first_iove rill fig Designation Handbook Section 1 -4 board meeting. Registered Agent section 7b4.416 FS_ Upon making the and Office Chan Section 18v.41 F_S. All special districs Changes _ change. g Handbook Section 1 - 4 Disclosure of Public Section 19 00�i. ES All Conununity At all times public Financing development ['Districts financing is imposed. Abbreviations: F.A.C. - A(Ip)Irrsvanve Code: F.S. = Ronda Statutes A-2 100003342.DOC v.1 8/31/2005 04:28 PM} Florida Special District Handbook Submission Statutory I Rule Applicable Special Due Date Requirement Reference Districts DEPARTMENT OF FINANCIAL SERVICES,BUREAU of ACCOUNT7MG 200 East Gaines Street,Tallahassee,Florida 32399-0354 Annual Financial All Housing Authorities. Annually;t,ithin 12 months of fiscal year Report e�itl1 a copy of Section 718 31d.F.S. All rictspAll ent depspecial end%9t30i and 45 the Annual Financial Section 218.32 F.S. districts All dts that r days of,audit Audit Report Sectionok S t2_ES_ not cspecio rx)n nt that are ooniplation. If no attached.if required Handbook Sectinn 2-3 not l gove rent t,11 of a audit is requiredi.file local governrnentai entity. by April 30- DEPARTMENT OF FINANCIAL SERVICES,BUREAU OF COLLATERAL MANAOEMENT 200 East Gaines Street,Tallahassee,Florida 32399-0345 Public Depositor Annual Report to Section 290 17 F.S Annually bra the Chief Financial Handbook 5,rnnn 3 .5 All special districts. November:y3. Officer(Form I 11.1009) Execute at the time Public Deposit of opening the Identification and account and keep on Section 28t L. F.S Acknowledgment Handbook S dinn -5 All special tlia`tnctss. file. SubmitrnIty in Form (Form DFS- case of default of the J1-1295) qualified public depository. Abbreviations: F.A.C. Gocle: F.S. = Florida Statutes A-3 100003342.130C v.1 9/31/2005 04:28 PM) 3 Florida Special District Handbook DEPARTMENT OF MANAGEMENT SERVICES,DIwSiON OF RETIREMENT Bureau of Local Retirement Systems,Cedars Executive Center,Building C,2639-C North Monroe Street,Tallahassee, Florida 32399-1560 Actuarial Impact Section 11263 F S- Any special district Statement for Rule Chapter proposing benefit changes Wheo considering Proposed Plan 6OT-1 001, F A C to its defined benefit plan chs ages. Amendments Handbook Secti,It 2-o retirement plan. Section 11263. F_S Within Gq claps of the Defined Rule Chapter Special districts mith eporLny period s Contribution Report GOT-1004, F A G clefined contribution plans. ending date Handbook Section 2-6 Section 112.63. F-S- Special distnrts 'sith At least every Three Actuarial Valuation Rule Chalrter defined benefit retirement years.Within'6O days Report 6OT-1, FA C_ Handbook Section 2- 6 Plans f completion. DEPARTMENT OF REVENUE;PROPERTY TAX A13MIN/STRATION PROGRAM, TRIM COMPLIANCE SECTION P.O Box 3000,Tallahassee, Florida 32315-3000 Truth-in-Millage Section 200.068. F.S Special districts that can Annually by Farm DR421 Handbook Section 3-3 levy taxes bul will not(10 November 1. so durirxl the year. No later than 30 days Truth-in-Millage following the Compliance Section 20C.068. F S_ Special districts levying adoption of the Package Report Handbook Secticm 3 3 property taxes. property tax levy ordinanceiresolution. COMMISSION ON ETMCS P.O.Drawer 15709, Tallahassee,Florida 32317.5709 Everyone required to file By the last day of the Farm 1. receiving a gift calendar quarter Quarterly Gift 112 3148. F.S worth over$100,1 following any Disclosure(Form 9) Handbook Section 3-1 unless the person did not c,ilendar quarter In receive any;.lifts during ,,hich a reportable the calendar quarter. gift;ores received. Abbreviations: F.A.C. = Fiocc.4a Coce F.S. = Fiwida.Statures A-4 f00003342.DOC v.18/31/2005 04:28PM} 4 Florida Special District Handbook Submission Statutory / Rule Applicable Special Due Date Requirement Reference I Districts LEGISLATURE PRESIDENT OF THE SENATE(Florida Capitol,Suite 409,Tallahassee, Florida 32399-1100) SPEAKER OF THE HOUSE OF REPRESENTATIVES(Florida Capitol,Sulte 420,Tallahassee,Florida 32399.1300)and EACH APPROPRIATE STANDWG COMMITTEE OF THE LEGISLATURE Certain Special Districts Ini iai by October 1 Agency Rule Report Section 120.74 F S %*Ih adopted rules (see 1 97, then by Handbook Section I - 4 Handbook Section 1 -4. October 1 of every page 20) Other year thereafter. .SPECIAL DISTRICT'S GOVERNING BOARD MEETING:MINUTE RECORDER Memorandum of Voting Conflict for Special District local County, Municipal, Section 112-314:3.F S. Special Distract Log tvVithin 15 days after and Other Local Handboo� Section 3-1 Conflicts- the vote occurs. Public Officers (Form 8B) SPECIAL DISTRICT'S GOVERNING BOARD MEMBERS(EACH MEMBER) Actuarial Valuation Report See Depa,"ner':of Ikvan gerrlelr Services Dmssw:of Fi'eLY2OIerN. Annual Financial See A mqo,Geoerdl. Lo(d<v Govepnme:?(�epri`v17. Audit Report Abbreviations: F.A.C. =Flcc/da Adminisziauve Cocre: F.S. = Pondu Stwwcs A-5 {00003342.DOC v.1 8/31/2005 04:28 PM} Florida Special District Handbook Submission Statutory ! Rule Applicable Due Date Requirement Reference Special Districts SPECIAL DisTRICT'S LOCAL GOVERNING AUTHORITY(rES)JLOCAL GENERAL-PURPOSEGOVERNMENTS) (if municipality,file at the place they designate; If county(ies),file with the(each)clerk of the board of county commissioners) When requested. Section 13 3 418_ F.S. provide to the local Budget or Tax Levy Handbook ec tion 2-2 All special districts. gorernmq .gtjlhority v.ithin the district s b OUndatles. Sectlonlb� 31£1l_F,13 Independent special r Section 1 �4I E(2t. FS. 'Mhin one year of Public Facilities Initial districts S;e Report Rule Chaplet Handbook Section the Lion. district 9J-33. FA C. 1 Handhonk 1 -6 -6_page 311_ creation. 5eclion Section 163 3991, F S- Inde anden pet scial AnnuallyContact Section 1,S9415 districts{2i. F.S pt f Public Facilities Annual ts(Se2 each local general- Notice of Any Changes Rule Chapter Handhonk Section purpose government 9J-33.F.A.C 1 -6. page Sl i. for the due date_ Handbook Section 1 -6 Every five years,at lead 12 months Secfinn 189.41512iat before the due date Independent Sped al that each local Public Facilities F 5, districts!G.e general-purpose Updated Report Rule C:hat4er Handbook Section 9J-33. F A (; g04'effYn1e11(n1U5t Handbook`;ecti;>n 1 -6 1 -6. page St j. submit its Report to Appendix 2, tthp Department of onununity Affairs See Appendix E. Registered Agent and Section 139.41 f;'. F S. Within iCi days after Office Initial Section 1341.418 FS All special dlstucts. the first governing Designation Handbook Section 1 -4 beard meeting. Re istered Agent and Section 1Z9 4'I b. F.S. Upon making the g g Section 169.415. F.S. All special districts. Office Changes HandYok ection1 -4 chenge. Regular Public Section 18 '417. F S. C,luanedo_ Meeting Schedule Section 1 1A18. F.S- All special districts. semi2nnuaib_i-or Handhook Section 3-2 annuall�_ Abbreviations: F.A.C. Cod F.S.=Florida Staa;res A-6 00003342.130C v.1 8/31/2005 04:28 PM} 6 Florida Special District Handbook Submission Statutory / Rule Applicable Special Due Date Requirement Reference Districts SPECIAL.DISTRICT'S LOCAL LEGISLATIVE DELEGATION Draft Codified Section 189A2C.F.S. All specrai districts sith Charter as a Local Handbook Section 1 -4 more than oneSpecial C)aaemher 1- ZOCt4 Bili Ata- SPECIAL DISTRICT'S RESIDENTS AND PROSPECTIVE RESIDENTS AND RESIDENTIAL DEVELOPERS (GIVE SUFFICIENT NUMBER OF COPIES TO THE DEVELOPERS FOR DISTRIBUTION TO EACH PROSPECTIVE INITIAL PURCHASER OF PROPERTY) Disclosure of Public All community At all times public Financing Sectlon 19f.009 F S Development Districts, financing is imposed, STATE BOARD OF ADMINISTRATION;.FINANCIAL.OPERATIONS. 1801 Hermitage Boulevard,Suite 100,Tallahassee, Florida 32308 All special disuicts At the time of makirxl Investment Pool nvesting funds v.,ith the any charges or Systems Input Handbook Sertlon 3 - 6 State Board of updates to the Documentation Administration or Local arcount. Government Trust Fund. All special districts Resolution for Section 218 40,. F S. nvesting funds vJ h the At the time of Investment of State Board of nvesting surplus Surplus Funds Handbook Section 3-6 Administration or Local funds. Government Trust Fund. Abbreviations: F.A.C. = Fio,aa Adr?tlrN native Code: F.S. = Florida Statutes A-7 100003342.DOC v] 8/31/2005 04:28 PM) '� Florida Special District Handbook Submission Statutory / Rule Applicable Special Due Date Requirement t Reference Districts STATE BOARD OF ADmwsTRATioN,DiwsioN OF BOND FINANCE 1801 Hermitage Boulevard, Suite 200, P.O, Box 13300,Tallahassee, Florida 32317-3300 Before selling certain ileneral obligation Advance Notice Section 218.38. F S All special districts as bonds&revenue of Bond Sale Handboo<Section 2- 5 applicable. bonds or closing on any similar lono-term debt Instruments_ Bond Information Section 189.418, F S All special districts as Within 120 days after FormlBond delivery of general Disclosure Form Section 218 38 F.S. applicable. Newbond obligation bonds and (BF200312004A&B) Handbook Section 2 - 5 sues only rerenue bonds. Bond Verification All special districts as Finance Division ivi iic 45 of days Bond of the Form (BF2005) Handbook Sertian 2- applicable. i s request Final Official Section 218.38. FS All special districts as Within 120 days after Statement Handbook Section 2- 5 applicable. delivery of the bonds. (Bonds) if prepared. Section 159 345(11 F S Special districts issuing Submit\:411)the Bond IRS Form 8038 Section 159.475(1 i_F S Industrial Development or Information Form & (Bonds) Section 159 7055, F S Research and official Statement, If Handbook Section 2 -5 Development Bonds any is published. Abbreviations: F.A.C. = '7*-rd i Acbrhrisulwwe Code: F.S. = FOnda Statutes A-8 100003342.DOC v.1 8/31/2005 04:28PM} g Florida Special District Handbook Submission Statutory ! Rule Applicable Special Due Date Requirement Reference Districts SUPERVISOR OF ELECTIONS(LOCAL) In the County of the Reporting Person's Permanent Residence All "special district local 'A,ithin 30 days of officers appointed accepting the to a special district or appointment.then Statement of = special districts board. every year thereafter Financial Interests Sectirn1112.'14... F S by July 1. (Form 1) Handbook Section 3- 1 All 'special district local wring the qualifying officers elected period.then to a special districts every year thereafter board_ by July 1_ All 'special district local Final Statement is lea flin 60 days of Financial Interests Section 112 cti 5. F_S_ toil officers v.110 are required leaeiny a public (Form 1 F) Handbook Section 3-1 le file Form 1 and are position leaving a public.position. No later than the last Certain special district day of tha calendar Quarterly Client Section 112.3145(d . local officers, depending quartarfollomng the Disclosure FS. npon their position. calend.arquarler (Form 2) Handbook Section 3- 1 business or interests(See during;which the Handbook Section3- 1). representation v:as Made. Annual Disclosure of Gifts from Governmental All special district local Entities and Direct Section 112-3148, F,S officers:�rt10 file Form 1 Support Section 112.314c9.F: S Annually by July 1. Organizations and Handbook Secuon 3- 1 and who recei,�ed a Honorarium Event reportable cliff or expense_ Related Expenses (Form 10) SUPERVISOR OF ELECTIONS(LOCAL) In the County in which the Special District of the Reporting Person has its Principal Office Interest in Section 112.M l3 121{eL C:ertain special district Before or at the time Competitive Bid for F.S. local officers i See of the submission of Public Business Handbook Section 3- 1 Handbook Section 3- 1), the bid. (Form 3A) Abbreviations: F.A.C. =F'o,iO a A,Jt:yn tratlVe Code, F.S. = Floeda Statures A-9 100003342.DOC v.1 8/31/2005 04:28 PM) 9 LAW OFFICES BILLING, COCHRAN, HEATH, LYLES, MAURO & ANDERSON, P.A. POST OFFICE BOX 21627 GREGORY T.ANDERSON FORT LAUDERDALE, FLOE :nA 3 3335-162 7 MICHAEL V.BAXTER C'_ARK J.COCHRAN,JR. ERIC P.CZELUSTA W.TUCKER CRAIG 688 S.E.Sao AVENUE,SUITE 301 VIVIAN H. FAZIO FORT LAUDERDALE, FLORIDA 33316 SUSAN F. DELEGAL (954)764-7150 CAROL J. HEALY GLASGOW HAYWARD D.GAY JUSTIN D.GROSZ FAX:(954)764J279 THOMAS C. HEATH KERA E. HAGAN GREGORY M. KEYSER 400 AUSTRALIAN AVENUE SOUTH,SUITE 500 DONNA M. KRUSBE GERALD L. KNIGHT WEST PALM BEACH, FLORIDA 33401 DANIEL L. LOSEY DENNIS E. LYLES (561)659-5970 ALINE 0. MARCANTONIO JOHN W. MAURO FAX (561)659-6173 KRISTA K. MAYFIELD KENNETH W. MORGAN,JR. SHAWN B. MCKAMEY BRUCE M. RAMSEY 3001 N. ROCKY POINT DRIVE EAST,SUITE 200 JOHN B. MOORES KEVIN M.VANNATTA TAMPA, FLORIDA 33607 MICHAEL J. PAWELCZYK (613)281-4671 T.CHRISTINE PEREZ STEVEN F. BILLING(19471998) FAX (813) R89-7748 ANDREW A. RIFF PHILLIP W.THRON PLEASE REPLY TO: January 30, 2007 FORT LAUDERDALE VIA FED X r— Louise Stilson jAN 2 1 ?007 City Clerk City of Dania Beach 100 W. Dania Beach Boulevard Dania Beach, FL 33004 Re: Petition to Establish Aqua Isles Community Development District Dear Ms. Stilson: We represent Carr Residential, LLC, in connection with the proposed establishment of the Aqua Isles Community Development District ("CDD") in the City of Dania Beach, Florida. As you know, a community development district is a special purpose unit of local government authorized pursuant to Chapter 190, Florida Statutes, to provide certain infrastructure and services to new communities. In this instance, the proposed CDD would be established for the purpose of providing and maintaining surface water management, potable water, and wastewater facilities for the Aqua Isles community in the City of Dania Beach. The funding for these improvements and services will be provided through the issuance of special benefit bonds by the CDD, which will be paid through special assessments on property within the CDD. Chapter 190, Florida Statutes, also requires that disclosure of the existence of the CDD and CDD assessments be provided to homebuyers within the CDD. In addition, the condominium documents applicable to the Aqua Isles community will include disclosure language relating to the CDD, and a Notice of Establishment of the CDD will be recorded in the public records and appear as an exception to title in each homebuyer's title insurance policy. Thus, homebuyers within the CDD will have notice that they are purchasing a home within a CDD community. Louise Stilson January 30, 2007 Page 2 of 2 The establishment of the CDD necessitates the submittal of a Petition to Establish the CDD to the unit of general purpose local government where the proposed CDD is located, in this case the City of Dania Beach. Accordingly, please find enclosed the original executed and two (2) copies of the Petition to Establish the Aqua Isles Community Development District. The Petition is being filed with the City of Dania Beach pursuant to Section 190.005, Florida Statutes. We request that the Petition be processed in accordance with the procedures set forth in Chapter 190, as well as applicable City of Dania Beach procedures, so that an ordinance to establish the CDD may be scheduled for consideration by the City Commission at the earliest opportunity. If additional information is required by the City, please let me know. Also, please advise me as to the applicable fee that the City imposes for processing the Petition and we will promptly remit it to the City. Thank you for your cooperation. Arel cc Tom Ansbro, City Attorney(w/encl.) 100004983.DOC v.l 1/30/2007 03:44 I'M f