BLACK CREEK COMMUNITY DEVELOPMENT
DISTRICT

MIAMI-DADE COUNTY REGULAR BOARD MEETING APRIL 15, 2026
10:30 A.M.

Special District Services, Inc.
8785 SW 165th Avenue, Suite 200
Miami, FL 33193
786.313.3661 Telephone 877.SDS.4922 Toll Free 561.630.4923 Facsimile

AGENDA
BLACK CREEK COMMUNITY DEVELOPMENT DISTRICT
Lennar Homes, LLC 5505 Waterfront Drive
Miami, Florida 33126
REGULAR BOARD MEETING
April 15, 2026
10:30 a.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
February 18, 2026 Regular Board Meeting…	Page 2
Old Business
New Business
Consider Approval of First Amendment to Services Agreement…	Page 7
Consider Resolution No. 2026-05 – Adopting a Fiscal Year 2026/2027 Proposed Budget…	Page 14
Administrative & Operational Matters
Statement of Financial Interests – Form 1
Board Member & Staff Closing Comments
Adjourn

McClatchy

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AFFIDAVIT OF PUBLICATION

Account #	Order Number	Identification	Order PO	Cols	Depth	
57929	IPL0276783	Legal Ad - IPL0276783		1.0	82.0L	

ATTENTION: Black Creek Community Development District IP c/o Special District Services, Inc.
Palm Beach Gardens, FL 33410 larcher@sdsinc.org

BLACK CREEK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026 REGULAR MEETING SCHEDULE NOTICE IS HEREBY GIVEN that
the Board of Supervisors (the “Board”) of the Black Creek Community Development District (the “Dis-trict”) will hold Regular Meetings at Lennar Homes, LLC located at 5505 Waterford District Drive, Miami, Florida 33126 at 10:30 a.m. on the follow-ing dates:
October 15, 2025
November 19, 2025
February 18, 2026
March 18, 2026
April 15, 2026
May 20, 2026
June 17, 2026
July 15, 2026
August 19, 2026
September 16, 2026
The purpose of the meetings is for the Board to consider any District busi-ness which may lawfully and properly come before the Board. Meetings are open to the public and will be con-ducted in accordance with the pro-visions of Florida law for community development districts. Copies of the Agenda for any of the meetings may be obtained from the District’s website or by contacting the District Manager at 786-313-3661 and/or toll free at 1-877-737-4922, prior to the date of the particular meeting.
From time to time one or two Board members may participate by tele-phone; therefore, a speaker telephone will be present at the meeting location so that Board members may be fully informed of the discussions taking place. Said meeting(s) may be contin-ued as found necessary to a time and place specified on the record.
If any person decides to appeal any decision made with respect to any matter considered at these meetings, such person will need a record of the proceedings and such person may need to ensure that a verbatim record of the proceedings is made at his or her own expense and which record includes the testimony and evidence on which the appeal is based.

PUBLISHED DAILY MIAMI-DADE-FLORIDA

STATE OF FLORIDA COUNTY OF MIAMI-DADE

Before the undersigned authority personally appeared, the under-signed, who on oath says that he/she is Custodian of Records of The The Miami Herald, a newspaper published in MIami Dade County, Flor-ida, that the attached was published on the publicly accessible website of The Miami Herald or by print In the issues and dates listed below.

Affiant further Says that the said Miami Herald website or newspaper complies with all legal requirements for publication in chapter 50, Florida Statutes.

1.0 insertion(s) published on: 10/03/25 Print

Print Tearsheet Link Marketplace Link

Sherry Chasteen

In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accom-modations or an interpreter to partic-ipate at any of these meetings should contact the District Manager at 786-313-3661 and/or toll free at 1-877-737-4922 at least seven (7) days prior to the date of the particular meeting.
Meetings may be cancelled from time to time with no advertised notice.

Sworn to and subscribed before me on

Oct 3, 2025, 9:39 AM EDT

BLACK CREEK COMMUNITY DEVELOPMENT DISTRICT
www.blackcreekcdd.org PUBLISH: THE MIAMI HERALD 10/03/25
IPL0276783 Oct 3 2025

Page 1

Online Notary Public. This notarial act involved the use of online audio/video communication technology. Notarization facilitated by SIGNiX®

BLACK CREEK COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING
FEBRUARY 18, 2026

CALL TO ORDER
The February 18, 2026, Regular Board Meeting of the Black Creek Community Development District (the “District”) was called to order at 10:42 a.m. at Lennar Homes, LLC, 5505 Blue Lagoon Drive, Miami, Florida 33126.
PROOF OF PUBLICATION
Proof of publication was presented that notice of the February 2, 2026, Regular Board Meeting had been published in the Miami Herald on October 3, 2025, as legally required.
ESTABLISH A QUORUM
Mr. Silva determined that the attendance of Vice-Chairperson Teresa Baluja and Supervisors Vanessa Perez and Carmen Orozco constituted a quorum and it was in order to proceed with the meeting.
Staff in attendance were: District Manager Armando Silva and Associate District Manager Pablo Jerez of Special District Services, Inc.; and General Counsel Michael Pawelczyk of Billing, Cochran, P.A.
ADDITIONS OR DELETIONS TO 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
January 21, 2026, Regular Board Meeting & Public Hearing
Mr. Silva presented the minutes of the January 21, 2026, Regular Board Meeting and Public Hearing. A motion was made by Ms. Baluja, seconded by Ms. Perez and passed unanimously approving the minutes of the January 21, 2026, Regular Board Meeting and Public Hearing, as presented.
OLD BUSINESS
There was no Old Business to come before the Board.

NEW BUSINESS
Consider Resolution 2026-03 – Delegation Resolution
RESOLUTION 2026-03
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE BLACK CREEK COMMUNITY DEVELOPMENT DISTRICT (THE “DISTRICT”) AUTHORIZING THE ISSUANCE OF NOT EXCEEDING $2,000,000 BLACK CREEK COMMUNITY DEVELOPMENT DISTRICT, SPECIAL ASSESSMENT BONDS, SERIES 2026 (3RD EXPANSION AREA PROJECT) (THE “BONDS”) TO BE ISSUED IN ONE OR MORE SERIES TO FINANCE CERTAIN PUBLIC INFRASTRUCTURE WITHIN THE SECOND EXPANSION AREA WITHIN THE DISTRICT; DETERMINING THE NEED FOR A NEGOTIATED LIMITED OFFERING OF THE BONDS AND PROVIDING FOR A DELEGATED AWARD OF SUCH BONDS; APPOINTING THE UNDERWRITER FOR THE LIMITED OFFERING OF THE BONDS; APPROVING THE FORM OF AND AUTHORIZING THE EXECUTION AND DELIVERY OF A BOND PURCHASE CONTRACT WITH RESPECT TO THE BONDS; APPROVING THE FORM OF AND AUTHORIZING THE EXECUTION AND DELIVERY OF A FOURTH SUPPLEMENTAL TRUST INDENTURE GOVERNING THE BONDS; APPROVING THE FORM OF AND AUTHORIZING THE DISTRIBUTION OF A PRELIMINARY LIMITED OFFERING MEMORANDUM; APPROVING THE EXECUTION AND DELIVERY OF A FINAL LIMITED OFFERING MEMORANDUM; APPROVING THE FORM OF AND AUTHORIZING THE EXECUTION OF A CONTINUING DISCLOSURE AGREEMENT, AND APPOINTING A DISSEMINATION AGENT; APPROVING THE APPLICATION OF BOND PROCEEDS; AUTHORIZING CERTAIN MODIFICATIONS TO THE ASSESSMENT METHODOLOGY REPORT AND ENGINEER’S REPORT; MAKING CERTAIN DECLARATIONS; PROVIDING FOR THE REGISTRATION OF THE BONDS PURSUANT TO THE DTC BOOK-ENTRY ONLY SYSTEM; AUTHORIZING THE PROPER OFFICIALS TO DO ALL THINGS DEEMED NECESSARY IN CONNECTION WITH THE ISSUANCE, SALE AND DELIVERY OF THE BONDS; AND PROVIDING FOR SEVERABILITY, CONFLICTS AND AN EFFECTIVE DATE.
Mr. Sanford provided an explanation for the document with emphasis on authorizing the issuance of not to exceed $2,00,000 aggregate principal amount of Bonds in one or more series to pay for all or a portion of the Third Expansion Area Project; designation of attesting Board Members; authorization of execution and delivery of the form of a Third

Supplemental Trust Indenture and use of the Master Trust Indenture; sale of the Bonds with parameter(s); appointment of a Trustee; and authorizes appropriate proceedings to be filed in Circuit Court (Miami-Dade County/State of Florida) to validate the proposed Bonds. A discussion ensued after which:
A motion made by Ms. Baluja, seconded by Ms. Perez and passed unanimously approving and adopting Resolution No. 2026-03, as presented, thereby authorizing the issuance of not to exceed $2,000,000 aggregate principal amount of Black Creek Community Development District special assessment bonds, in one or more series, to pay all or a portion of the design, acquisition, connection and impact fees and construction of certain public infrastructure improvements (the Third Expansion Area Project), as described in the Third Supplemental Engineer’s Report dated February 11, 2026, as amended; and authorizes District Officials to execute related documents as required.
Consider Ratification of the Acquisition Agreement
Mr. Pawelczyk presented the Acquisition Agreement and outlined the purpose of the document with emphasis on the District acquiring certain defined public infrastructure improvements and the payment for the defined improvements. The District anticipates issuing Bonds in one series to finance a portion of the cost of construction of the Third Expansion Area Project; therefore, it is anticipated that in addition to acquiring certain completed infrastructure improvements from the Developer, the District will accept the assignment of certain contract rights between the Developer and Contractor(s) (to be named) for implementing/constructing improvements within the scope of the District’s Third Expansion Area Project. A discussion ensued after which;
A motion was made by Ms. Baluja, seconded by Ms. Perez and unanimously passed approving, in substantial final form, the Acquisition Agreement between the District and Lennar Homes, LLC (the “Developer”), subject to final review/approval by District Counsel; and further authorizes District officials to execute the referenced Agreement upon its completion.
Consider Acceptance of the Declaration of Consent to Jurisdiction
Mr. Pawelczyk presented the Declaration of Consent to Jurisdiction and explained that the declaration provides consent to the District’s levy of special assessments on the property described therein. A discussion ensued after which;
A motion was made by Ms. Baluja, seconded by Ms. Perez and unanimously passed accepting the Declaration of Consent to Jurisdiction, in substantial final form.
Consider Resolution 2026-04 – Completion of 2022 Project
RESOLUTION 2026-04

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE BLACK CREEK COMMUNITY DEVELOPMENT DISTRICT FINDING AND DECLARING THE SERIES 2022 PROJECT TO BE COMPLETE; ACCEPTING SAME; AND ESTABLISHING THE THIRTY (30) DAY PERIOD PROVIDED IN SECTION 170.09, FLORIDA STATUTES, WITHIN WHICH PROPERTY OWNERS WITHIN THE BOUNDARIES OF THE EXPANSION AREA OF THE DISTRICT MAY PRE-PAY THEIR DEBT ASSESSMENTS WITHOUT INTEREST; AND PROVIDING AN EFFECTIVE DATE.

Mr. Silva presented Resolution 2026-04 and explained that the District Engineer had certified that the 2022 Project had been completed in accordance with the approved plans and specifications. A discussion ensued after which;
A motion was made by Ms. Baluja, seconded by Ms. Perez and unanimously passed approving and adopting Resolution No. 2026-04, as presented.
Consider Approval of Lien Record
For information purposes only, Mr. Pawelczyk presented the Lien of Record of the Black Creek Community Development District (the “District”) related only to the Third Expansion Area within the District and explained that the document, once finalized, would be recorded in the Miami-Dade County Public Records. The document will define the amount of the Special Assessments, Series 2026 (Third Expansion Area Project), and that the District’s lien secures the payment of special assessments levied for the purpose of funding the District’s operating and maintenance expenses, and to pay the District’s bond indebtedness for the purpose of funding various improvements incurred by the District in connection with the Expansion Area Project. No Board action was required on this matter; however, the Board, by motion, approved the recording of the document, as legally required:
A motion was made by Ms. Baluja, seconded by Ms. Orozco and unanimously passed authorizing the recording of the Lien of Record applicable to the Third Expansion Area of the District.
Accepting the 3rd Supplemental Engineer’s Report
Mr. Silva advised that the 3rd Supplemental Engineer’s Report was revised to reflect the correct acreage for the Third Expansion Area which is 10.6 gross acres. A discussion ensued after which;

A motion was made by Ms. Baluja, seconded by Ms. Perez and unanimously passed accepting the revised 3rd Supplemental Engineer’s Report from Ford Engineers, as presented.

ADMINISTRATIVE & OPERATIONAL MATTERS
Consider Approval of Attorneys Fee Adjustment – Billing Cochran
Mr. Pawelczyk presented a proposed adjustment to its hourly fee structure, noting that its current rates had remained in place since 2023 and that the increase was necessary to account for rising operational costs and inflation. Effective October 1, 2026, the hourly rates will be adjusted to $325 per hour for Partners and $250 per hour for Associates. Counsel further advised that future adjustments may be considered no more than every third fiscal year in connection with the District’s budget process and tied to changes in the Consumer Price Index. A discussion ensued after which;
A motion was made by Ms. Baluja, seconded by Ms. Perez and unanimously passed approving the proposed rate increase, as presented.
BOARD MEMBER & STAFF CLOSING COMMENTS
There were no further comments at this time.
ADJOURNMENT
There being no further business to come before the Board, a motion was made by Ms. Baluja, seconded by Ms. Perez and passed unanimously adjourning the Regular Board Meeting at 11:00 a.m.

Secretary/Assistant Secretary	Chairperson/Vice Chairperson

FIRST AMENDMENT TO SERVICES AGREEMENT

THIS FIRST AMENDMENT TO THE SERVICES AGREEMENT (“First
Amendment”), dated the 	 day of 	, 2026, is by and between:

BLACK CREEK COMMUNITY DEVELOPMENT DISTRICT, a
local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes, being situated in unincorporated Miami-Dade County, Florida, and whose address is 2501A Burns Road, Palm Beach Gardens, Florida 33410 (the “District”), and

FRD COMPLETE TREE SERVICE & LAWN CARE, INC., a Florida
corporation, whose principal and mailing address is 14805 SW 258 Street, Homestead, Florida 33032 (the “Contractor”).

WITNESSETH:

WHEREAS, the District is a local unit of special purpose government established pursuant to and governed by Chapter 190, Florida Statutes; and
WHEREAS, the District and the Contractor entered into an Amended and Restated Agreement for Landscape Maintenance Services, effective May 20, 2025 (the “Agreement”); and
WHEREAS, the District and the Contractor desire to amend the Agreement to incorporate additional irrigation inspection, maintenance, and repair services, including monthly wet checks, sprinkler replacement, and related system repairs (the “Additional Work”), as set forth in that certain proposal dated March 25, 2026 (Estimate No. 4164) (the “Additional Work Proposal”), and to reflect the associated pricing and terms for such services, as well as to address certain ancillary matters relating to the contractual relationship; and
WHEREAS, the District and the Contractor have agreed to this First Amendment to provide for the Additional Work, together with the associated pricing, as set forth in Exhibit “A-1” attached hereto.
Now, therefore, in consideration of the recitals, agreements and mutual covenants contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the parties, the parties agree as follows:

Section 1.  The recitals stated above are true and correct and by this reference are incorporated herein and form a material part of this Amendment

Section 2.  The Agreement is hereby amended to add the Additional Work set forth in the Additional Work Proposal for the compensation set forth therein.

Services Agmt. 1st Amd. – Amended and Restated Landscape Maintenance Rev: 03-30-2026
1

Section 2. Compensation. Section 3 of the Agreement, entitled “COMPENSATION” is hereby replaced in its entirety to provide that, as compensation for the Services, the District agrees to pay Contractor in accordance with the following terms:

In exchange for providing the Landscape Maintenance Services pursuant to this Agreement, the District shall pay Contractor in accordance with the Proposal an annual contract amount of SEVENTY-THREE THOUSAND  FOUR  HUNDRED  AND  00/100  ($73,400.00)
DOLLARS (the "Contract Price"), which Contract Price shall be paid in in equal monthly payments of $6,116.66 each for work performed pursuant to this Agreement.

Any additional compensation for additional duties shall be paid only upon the written authorization of the District Manager or its designee, shall not exceed the rates set forth on Contractor’s Proposal and provided that any additional compensation for additional duties shall not cause the total amount for landscape and irrigation services to exceed the statutory public bidding threshold for maintenance contracts pursuant to Sections
190.033 and 287.017, Florida Statutes. Contractor shall provide the District with a monthly invoice before the last day of each contractual service month representing the monthly installment due for that month. All invoices are due and payable upon receipt. Charges remaining unpaid forty-five (45) days after receipt of the invoice shall bear interest at the rate of one percent (1%) per month.
Section 4. The Agreement is amended to add a new Article 32, entitled “SCRUTINIZED COMPANY OR OTHER ENTITY CERTIFICATION,” as follows:
Section 32. Scrutinized Company or Other Entity Certification. Contractor hereby certifies that as of the date below Contractor is not listed on a scrutinized companies or other entities list created pursuant to Sections 215.4725, 215.473, or 287.135, Florida Statutes. Pursuant to Section 287.135, Florida Statutes, Contractor further certifies that:
For agreements of one hundred thousand dollars or more, at the time of bidding on, submitting a proposal for, or entering into or renewing this Agreement, Contractor is not on the Scrutinized Company or Other Entities that Boycott Israel List and is not participating in a boycott of Israel such that is not refusing to deal, terminating business activities, or taking other actions to limit commercial relations with Israel, or persons or entities doing business in Israel or in Israeli-controlled territories, in a discriminatory manner.

Services Agmt. 1st Amd. – Amended and Restated Landscape Maintenance Rev: 03-30-2026
2

For agreements of one million dollars or more, at the time of bidding on, submitting a proposal for, or entering into or renewing this Agreement:
Contractor does not appear on the Scrutinized Companies with Activities in Sudan List.
Contractor does not appear on the Scrutinized Companies with Activities in Iran Terrorism Sectors List.

Contractor is not engaged in business operations in Cuba or Syria.
Contractor understands that this Agreement may be terminated at the option of the District if Contractor is found to have been placed on the Scrutinized Companies that Boycott Israel List, the Scrutinized Companies or Other Entities that Boycott Israel List, or is engaged in a boycott of Israel, or, if this Agreement is for one million dollars or more, been placed on the Scrutinized Companies with Activities in Sudan List, or been placed on a list created pursuant to Section 215.473, Florida Statutes, relating to scrutinized active business operations in Iran, or been engaged in business operations in Cuba or Syria, or found to have submitted a false certification pursuant to this paragraph herein or Section 287.135(5), Florida Statutes.
Section 5.	The Agreement is amended to add a new Article 33, entitled “CONVICTED VENDOR LIST,” as follows:
Section 33. Convicted Vendor List.  Contractor  hereby certifies that neither Contractor nor any of its affiliates are currently on the Convicted Vendor List maintained pursuant to Section 287.133, Florida Statutes. Pursuant to Section 287.133(2)(a), Florida Statutes, a person or affiliate who has been placed on the convicted vendor list following a conviction for a public entity crime may not submit a bid, proposal, or reply on a contract to provide any goods or services to a public entity; may not submit a bid, proposal, or reply on a contract with a public entity for the construction or repair of a public building or public work; may not submit bids, proposals, or replies on leases of real property to a public entity; may not be awarded or perform work as a Contractor, supplier, subcontractor, or consultant under a contract with any public entity; and may not transact business with any public entity in excess of the threshold amount provided in Section 287.017, Florida Statutes, for CATEGORY TWO for a period of thirty-six (36) months following the date of being placed on the convicted vendor list.

Services Agmt. 1st Amd. – Amended and Restated Landscape Maintenance Rev: 03-30-2026
3

Section 6.  The Agreement is amended to add a new Article 34, entitled “ANTI-HUMAN TRAFFICKING AFFIDAVIT,” as follows:

Section 34. Anti-Human Trafficking Affidavit. Contractor shall provide the District with an affidavit executed by an officer or representative of the Contractor under penalty of perjury attesting that the Contractor does not use coercion for labor or services as defined in Section 787.06(14), Florida Statutes.

Section 7.  This First Amendment shall be effective on 	  , 2026 (the “Effective Date”). Prior to the Effective Date, the terms of the Agreement shall apply.
Section 8.   In all other respects the Agreement, effective May 20, 2025, and all prior amendments thereto are hereby ratified, reaffirmed and shall remain in full force and effect as provided by their terms.

[THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK]

Services Agmt. 1st Amd. – Amended and Restated Landscape Maintenance Rev: 03-30-2026
4

IN WITNESS WHEREOF, the parties execute this First Amendment and further agree that it shall take effect as of the effective date provided herein.

Attest:	BLACK CREEK COMMUNITY DEVELOPMENT DISTRICT

Armando Silva, Secretary	Teresa Baluja, Chair Board of Supervisors

	 day of 	, 2026

FRD COMPLETE TREE SERVICE &
LAWN	CARE,	INC.,	a	Florida corporation

By: 	

Print Name

Print Name:	 Title: 	

	 day of 	, 2026

Print Name

Services Agmt. 1st Amd. – Amended and Restated Landscape Maintenance Rev: 03-30-2026
5

EXHIBIT “A-1”

ADDITIONAL WORK AND PRICING

Services Agmt. 1st Amd. – Amended and Restated Landscape Maintenance Rev: 03-30-2026
6

ESTIMATE 
Frd complete tree service Lawn care Inc
14805 258th St
Homestead, FL 33032

frd.lawncare@hotmail.com

+1 (786) 269-7451

Bill to
Black Creek CDD C/o SDS, Inc. 2501A Burns Road Palm Beach Gardens, FL 3341

Ship to
Black Creek CDD C/o SDS, Inc. 2501A Burns Road Palm Beach Gardens, FL 3341 28134 SW 129th CT Homestead FL33032

Estimate details
Estimate no.: 4164 Estimate date: 03/25/2026

#	Date	Product or service	Description	Qty	Rate	Amount	
1.		Sales	Monthly Wet Check
5 sprinkler replacement
Repair tubes 3 quarts (Anything more will be charged)
Does not include tubes broken under sidewalks, driveways	1	$9,600.00	$9,600.00	
			$800 Monthly
Yearly Price Attached				
Total	$9,600.00
Note to customer
Please review the estimate below. Feel free to contact us if you have any questions.
We look forward to working with you.

Thanks for your business!
Frd complete tree service Lawn care Inc

Accepted date	Accepted by

RESOLUTION 2026-05

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE BLACK CREEK COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2026/2027 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Black Creek Community Development District (“District”) was established by Ordinance No. 19-28 approved by the Miami-Dade County Board of County Commissioners, Miami-Dade County, Florida, effective April 19, 2019; and

WHEREAS, the District Manager has prepared and submitted to the Board of Supervisors of the Black Creek Community Development District (the “Board”) the proposed operating fund budget for Fiscal Year 2026/2027; and

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

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

The operating fund budget proposed by the District Manager for Fiscal Year 2026/2027 attached hereto as Exhibit “A” is hereby approved as the basis for conducting a public hearing to adopt said budget.
The public hearing on said approved operating fund budget is hereby declared and set for the following date, hour and location:

DATE:		July 15, 2026	

HOUR:		10:30 a.m.	
LOCATION: 	Lennar Homes, LLC	
	5505 Waterfront Drive	
	Miami, Florida 33126	
The District Manager is hereby directed to submit a copy of the proposed budget to the Miami-Dade County 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 directed to post the approved budget on the District's website at least two (2) 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 the approved budget to the managers or administrators of the Miami-Dade County for posting on their 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 AND ADOPTED this 15th day of April, 2026.

ATTEST:	BLACK CREEK COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson/Vice Chairperson

Attachment: Exhibit “A” Fiscal Year 2026/2027 Budget

EXHIBIT A

Black Creek Community Development District

Proposed Budget For Fiscal Year 2026/2027
October 1, 2026 - September 30, 2027

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

DETAILED PROPOSED DEBT SERVICE FUND BUDGET (SERIES 2020)

DETAILED PROPOSED DEBT SERVICE FUND BUDGET (SERIES 2022)

DETAILED PROPOSED DEBT SERVICE FUND BUDGET (SERIES 2024)

DETAILED PROPOSED DEBT SERVICE FUND BUDGET (SERIES 2026)

ASSESSMENT COMPARISON

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

REVENUES	FISCAL YEAR 2026/2027 BUDGET	
Administrative Assessments	156,532	
Maintenance Assessments	392,027	
Debt Assessments (2020)	263,617	
Debt Assessments (2022)	1,298,238	
Debt Assessments (2024)	66,689	
Debt Assessments (2026)	98,779	
Other Revenue	0	
Interest Income	1,500	
TOTAL REVENUES	$	2,277,382	
		
EXPENDITURES		
Maintenance Expenditures		
Annual Engineer's Report & Inspections	10,000	
Field Operations Management	6,000	
Street/Roadway Maintenance/Signage	3,000	
Miscellaneous Maintenance	10,000	
Wall Feature Maintenance/Upkeep	4,000	
Landscape Maintenance	100,000	
Irrigation Maintenance	20,000	
Storm Drainage/Class V Permit	15,000	
Maintenance Contingency	200,505	
TOTAL MAINTENANCE EXPENDITURES	$	368,505	
		
Administrative Expenditures		
Supervisor Fees	0	
Management	30,936	
Legal	17,000	
Assessment Roll	6,000	
Audit Fees	7,000	
Arbitrage Rebate Fee	650	
Insurance	8,000	
Legal Advertisements	8,000	
Miscellaneous	1,000	
Postage	525	
Office Supplies	525	
Dues & Subscriptions	175	
Trustee Fees	17,500	
Continuing Disclosure Fee	2,000	
Website Management	2,000	
Dissemination Services	1,000	
Administrative Contingency	46,329	
TOTAL ADMINISTRATIVE EXPENDITURES	$	148,640	
		
TOTAL EXPENDITURES	$	517,145	
		
REVENUES LESS EXPENDITURES	$	1,760,237	
		
Bond Payments (2020)	(247,800)	
Bond Payments (2022)	(1,220,344)	
Bond Payments (2024)	(62,687)	
Bond Payments (2026)	(92,853)	
		
BALANCE	$	136,553	
		
County Appraiser & Tax Collector Fee	(45,518)	
Discounts For Early Payments	(91,035)	
		
EXCESS/ (SHORTFALL)	$	-	

DETAILED PROPOSED BUDGET
BLACK CREEK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

REVENUES	
FISCAL YEAR 2024/2025
ACTUAL	
FISCAL YEAR 2025/2026
BUDGET	
FISCAL YEAR 2026/2027
BUDGET	

COMMENTS	
Administrative Assessments	151,293	147,915	156,532	Expenditures Less Interest /.94	
Maintenance Assessments	370,045	370,468	392,027	Expenditures/.94	
Debt Assessments (2020)	263,332	263,617	263,617	Bond Payments/.94	
Debt Assessments (2022)	1,296,820	1,298,238	1,298,238	Bond Payments/.94	
Debt Assessments (2024)	66,610	66,689	66,689	Bond Payments/.94	
Debt Assessments (2026)	0	0	98,779	Bond Payments/.94	
Other Revenue	0	0	0		
Interest Income	17,459	1,200	1,500	Projected At $125 Per Month	
TOTAL REVENUES	$	2,165,559	$	2,148,127	$	2,277,382		
					
EXPENDITURES					
Maintenance Expenditures					
Annual Engineer's Report & Inspections	2,800	3,000	10,000	FY 25/26 Expenditure Through March 26 Was $15,300	
Field Operations Management	1,500	1,500	6,000	Field Operations Management	
Street/Roadway Maintenance/Signage	0	3,000	3,000	No Change From 2025/2026 Budget	
Miscellaneous Maintenance	0	10,000	10,000	No Change From 2025/2026 Budget	
Wall Feature Maintenance/Upkeep	0	4,000	4,000	No Change From 2025/2026 Budget	
Landscape Maintenance	58,533	80,000	100,000	FY 25/26 Expenditure Through March 26 Was $40,000	
Irrigation Maintenance	0	0	20,000	Irrigation Maintenance	
Storm Drainage/Class V Permit	0	15,000	15,000	No Change From 2025/2026 Budget	
Maintenance Contingency	0	231,740	200,505	Maintenance Contingency	
TOTAL MAINTENANCE EXPENDITURES	$	62,833	$	348,240	$	368,505		
					
Administrative Expenditures					
Supervisor Fees	0	0	0		
Management	29,292	30,132	30,936	CPI Adjustment	
Legal	14,935	15,000	17,000	$2,000 Increase From 2025/2026 Budget	
Assessment Roll	6,000	6,000	6,000	Assessment Roll	
Audit Fees	6,700	7,000	7,000	Has Increased Due To Fourth Bond Issue	
Arbitrage Rebate Fee	650	650	650	Arbitrage Rebate Fee	
Insurance	6,858	7,500	8,000	Fiscal Year 2025/2026 Expenditure Was $7,269	
Legal Advertisements	1,727	10,000	8,000	$2,000 Decrease From 2025/2026 Budget	
Miscellaneous	328	1,000	1,000	No Change From 2025/2026 Budget	
Postage	169	525	525	No Change From 2025/2026 Budget	
Office Supplies	180	525	525	No Change From 2025/2026 Budget	
Dues & Subscriptions	175	175	175	No Change From 2025/2026 Budget	
Trustee Fees	12,524	12,750	17,500	Has Increased Due To Fourth Bond Issue	
Continuing Disclosure Fee	1,050	2,000	2,000	No Change From 2025/2026 Budget	
Website Management	2,000	2,000	2,000	No Change From 2025/2026 Budget	
Dissemination Services	0	0	1,000	Required By Underwriter	
Administrative Contingency	0	44,983	46,329	Administrative Contingency	
TOTAL ADMINISTRATIVE EXPENDITURES	$	82,588	$	140,240	$	148,640		
					
TOTAL EXPENDITURES	$	145,421	$	488,480	$	517,145		
					
REVENUES LESS EXPENDITURES	$	2,020,138	$	1,659,647	$	1,760,237		
					
Bond Payments (2020)	(250,641)	(247,800)	(247,800)	2027 P & I Payments	
Bond Payments (2022)	(1,234,322)	(1,220,344)	(1,220,344)	2027 P & I Payments	
Bond Payments (2024)	(63,401)	(62,687)	(62,687)	2027 P & I Payments	
Bond Payments (2026)	0	0	(92,853)	2027 P & I Payments	
					
BALANCE	$	471,774	$	128,816	$	136,553		
					
County Appraiser & Tax Collector Fee	(20,628)	(42,939)	(45,518)	Two Percent Of Total Assessment Roll	
Discounts For Early Payments	(82,736)	(85,877)	(91,035)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	368,410	$	-	$	-		

DETAILED PROPOSED DEBT SERVICE FUND (SERIES 2020) BUDGET
BLACK CREEK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

REVENUES	FISCAL YEAR 2024/2025 ACTUAL	FISCAL YEAR 2025/2026 BUDGET	FISCAL YEAR 2026/2027 BUDGET	

COMMENTS	

Interest Income	
12,260	
1,000	
1,500	
Projected Interest For FY 2026/2027	

NAV Tax Collection	
250,641	
247,800	
247,800	
Maximum Debt Service Collection	

Total Revenues	
$	262,901	
$	248,800	
$	249,300		

EXPENDITURES					

Principal Payments	
95,000	
100,000	
100,000	
Principal Payment Due In 2027	

Interest Payments	
152,275	
147,800	
144,550	
Interest Payments Due In 2027	

Transfer To Construction Fund	
5,437	
0	
0		

Bond Redemption	
0	
1,000	
4,750	
Estimated Excess Debt Collections	

Total Expenditures	
$	252,712	
$	248,800	
$	249,300		

Excess/ (Shortfall)	
$	10,189	
$	-	
$	-		

Series 2020 Bond Information

Original Par Amount =	$4,365,000	Annual Principal Payments Due =	June 15th	
Interest Rate =	3.00% - 4.00%	Annual Interest Payments Due =	June 15th & December 15th	
Issue Date =	January 2020			
Maturity Date =

Par Amount As Of 1/1/26 =	June 2050

$3,920,000			

III

DETAILED PROPOSED DEBT SERVICE FUND (SERIES 2022) BUDGET
BLACK CREEK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

REVENUES	FISCAL YEAR 2024/2025 ACTUAL	FISCAL YEAR 2025/2026 BUDGET	FISCAL YEAR 2026/2027 BUDGET	

COMMENTS	

Interest Income	
58,913	
2,000	
3,000	
Projected Interest For FY 2026/2027	

NAV Tax Collection	
1,234,322	
1,220,344	
1,220,344	
Maximum Debt Service Collection	

Total Revenues	
$	1,293,235	
$	1,222,344	
$	1,223,344		

EXPENDITURES					

Principal Payments	
270,000	
285,000	
300,000	
Principal Payment Due In 2027	

Interest Payments	
953,409	
933,609	
919,569	
Interest Payments Due In 2027	

Transfer To Construction Fund	
26,774	
0	
0		

Bond Redemption	
0	
3,735	
3,775	
Estimated Excess Debt Collections	

Total Expenditures	
$	1,250,183	
$	1,222,344	
$	1,223,344		

Excess/ (Shortfall)	
$	43,052	
$	-	
$	-		

Series 2022 Bond Information

Original Par Amount =	$17,735,000	Annual Principal Payments Due =	June 15th	
Interest Rate =	4.8% - 5.625%	Annual Interest Payments Due =	June 15th & December 15th	
Issue Date =	May 2022			
Maturity Date =

Par Amount As Of 1/1/26 =	June 2052

$16,960,000			

DETAILED PROPOSED DEBT SERVICE FUND (SERIES 2024) BUDGET
BLACK CREEK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

REVENUES	FISCAL YEAR 2024/2025 ACTUAL	FISCAL YEAR 2025/2026 BUDGET	FISCAL YEAR 2026/2027 BUDGET	

COMMENTS	

Interest Income	
1,256	
100	
100	
Projected Interest For FY 2026/2027	

Bond Proceeds	
0	
0	
0		

NAV Tax Collection	
63,401	
62,687	
62,687	
Maximum Debt Service Collection	

Total Revenues	
$	64,657	
$	62,787	
$	62,787		

EXPENDITURES					

Principal Payments	
14,000	
15,000	
15,000	
Principal Payment Due In 2027	

Interest Payments	
32,698	
47,383	
47,383	
Interest Payments Due In 2027	

Transfer To Construction Fund	
0	
0	
0		

Bond Redemption	
0	
404	
404	
Estimated Excess Debt Collections	

Total Expenditures	
$	46,698	
$	62,787	
$	62,787		

Excess/ (Shortfall)	
$	17,959	
$	-	
$	-		

Series 2024 Bond Information

Original Par Amount =	$938,000	Annual Principal Payments Due =	May 15th	
Interest Rate =	4.0% - 5.375%	Annual Interest Payments Due =	May 15th & November 15th	
Issue Date =	August 2024			
Maturity Date =

Par Amount As Of 1/1/26 =	May 2054

$924,000			

DETAILED PROPOSED DEBT SERVICE FUND (SERIES 2026) BUDGET
BLACK CREEK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

REVENUES	FISCAL YEAR 2024/2025 ACTUAL	FISCAL YEAR 2025/2026 BUDGET	FISCAL YEAR 2026/2027 BUDGET	

COMMENTS	

Interest Income	
0	
0	
500	
Projected Interest For FY 2026/2027	

Bond Proceeds	
0	
0	
0		

NAV Tax Collection	
0	
0	
92,853	
Maximum Debt Service Collection	

Total Revenues	
$	-	
$	-	
$	93,353		

EXPENDITURES					

Principal Payments	
0	
0	
21,000	
Principal Payment Due In 2027	

Interest Payments	
0	
0	
71,286	
Interest Payments Due In 2027	

Transfer To Construction Fund	
0	
0	
0		

Bond Redemption	
0	
0	
1,067	
Estimated Excess Debt Collections	

Total Expenditures	
$	-	
$	-	
$	93,353		

Excess/ (Shortfall)	
$	-	
$	-	
$	-		

Note: Capitalized Interest Set-up Through November 2026.

Series 2026 Bond Information

Original Par Amount =	$1,384,000	Annual Principal Payments Due =	May 15th	
Interest Rate =	4.0% - 5.5%	Annual Interest Payments Due =	May 15th & November 15th	
Issue Date =	August 2024			
Maturity Date =

Par Amount As Of 4/1/26 =	May 2056

$1,384,000			

Page 25

Black Creek Community Development District Assessment Comparison

Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	
2023/2024	2024/2025	2025/2026	2026/2027	
	Assessment*	 	Assessment*	 	Assessment*	 	Projected Assessment*	

Original Units		
Administrative Assessment For Townhomes	$	118.05		$	118.05		$	118.05		$	118.05	
Maintenance Assessment For Townhomes	$	295.66		$	295.66		$	295.66		$	295.66	
Debt Assessment For Townhomes	$	1,156.63		$	1,156.63		$	1,156.63		$	1,156.63	
Total	$	1,570.34		$	1,570.34		$	1,570.34		$	1,570.34	
Administrative Assessment For Single Family Homes	$	118.05		$	118.05		$	118.05		$	118.05	
Maintenance Assessments For Single Family Homes	$	295.66		$	295.66		$	295.66		$	295.66	
Debt Assessment For Single Family Homes	$	1,260.83		$	1,260.83		$	1,260.83		$	1,260.83	
Total	$	1,674.54		$	1,674.54		$	1,674.54		$	1,674.54	
Expansion Units												
Administrative Assessment For Villas	$	118.05		$	118.05		$	118.05		$	118.05	
Maintenance Assessment For Villas	$	295.66		$	295.66		$	295.66		$	295.66	
Debt Assessment For Villas	$	1,247.65		$	1,247.65		$	1,247.65		$	1,247.65	
Total	$	1,661.36		$	1,661.36		$	1,661.36		$	1,661.36	
Administrative Assessment For Townhomes	$	118.05		$	118.05		$	118.05		$	118.05	
Maintenance Assessment For Townhomes	$	295.66		$	295.66		$	295.66		$	295.66	
Debt Assessment For Townhomes	$	1,352.89		$	1,352.89		$	1,352.89		$	1,352.89	
Total	$	1,766.60		$	1,766.60		$	1,766.60		$	1,766.60	
Administrative Assessment For Single Family Homes	$	118.05		$	118.05		$	118.05		$	118.05	
Maintenance Assessments For Single Family Homes	$	295.66		$	295.66		$	295.66		$	295.66	
Debt Assessment For Single Family Homes	$	1,458.13		$	1,458.13		$	1,458.13		$	1,458.13	
Total	$	1,871.84		$	1,871.84		$	1,871.84		$	1,871.84	
Second Expansion Units												
Administrative Assessment For Townhomes	$	-		$	118.05		$	118.05		$	118.05	
Maintenance Assessment For Townhomes	$	-		$	295.66		$	295.66		$	295.66	
Debt Assessment For Townhomes	$	-		$	1,169.00		$	1,169.00		$	1,169.00	
Total	$	-		$	1,582.71		$	1,582.71		$	1,582.71	
Administrative Assessment For Single Family Homes	$	-		$	118.05		$	118.05		$	118.05	
Maintenance Assessments For Single Family Homes	$	-		$	295.66		$	295.66		$	295.66	
Debt Assessment For Single Family Homes	$	-		$	1,274.18		$	1,274.18		$	1,274.18	
Total	$	-		$	1,687.89		$	1,687.89		$	1,687.89	
Third Expansion Units												
Administrative Assessment For Townhomes	$	-		$	-		$	-		$	118.05	
Maintenance Assessment For Townhomes	$	-		$	-		$	-		$	295.66	
Debt Assessment For Townhomes	$	-		$	-		$	-		$	1,353.14	
Total	$	-		$	-		$	-		$	1,766.85	

* Assessments Include the Following :		Notes
Net Per Unit O&M Covenant amount is $390.00		
4% Discount for Early Payments 1% County Tax Collector Fee
1% County Property Appraiser Fee	Gross Per Unit O&M Covenant amount is $414.89		
 Community Information - Original Units:		 Townhomes	120	 Total Units:	 Original Units	
219	
Single Family Units	99	Expansion Units	981	
Total Units	219	Total	1,200	
 Community Information - Expansion Units:		2nd Expansion Area:		
Villas	418	
Single Family	45	
Townhomes	420	 Townhomes		8	
Single Family Units	143
Total Units	981	
3rd Expansion Area:	53	
	
 Townhomes		73	
		73	
	Total Units:	1,326	

VII