CUTLER CAY COMMUNITY DEVELOPMENT
DISTRICT

MIAMI-DADE COUNTY REGULAR BOARD MEETING FEBRUARY 9, 2026
6:00 P.M.

Special District Services, Inc. 8785 SW 165th Avenue, Suite 200
Miami, FL 33193
www.cutlercaycdd.org 786.347.2711 Telephone 877.SDS.4922 Toll Free 561.630.4923 Facsimile

Call to Order

AGENDA
CUTLER CAY COMMUNITY DEVELOPMENT DISTRICT
Cutler Cay Community Clubhouse 7755 SW 192nd Street Cutler Bay, FL 33157
REGULAR BOARD MEETING
February 9, 2026
6:00 p.m.

Proof of Publication	Page 1
Establish Quorum
Additions or Deletions to Agenda
Comments from the Public
Approval of Minutes
January 12, 2026 Regular Board Meeting Minutes	Page 3
New Business
Information for Budget Discussion Purposes:
FY 2025/2026 Final Budget (the current District Budget)	Page 13
FY 2025/2026 Budget Summary (presented last year)…	Page 21
Current Reserve Information	Page 25
2025 Annual Engineers Report	Page 26
Consider Approval of Lake Bank Signage Size Reduction & Relocation Proposals	Page 35
Consider Approval of Felix Clean Southern Water Feature and Wall Repairs	Page 39
Consider Approval of Raptor Vac Storm Drainage Cleaning Proposal	Page 42
Consider Approval of the DERM Class V Permit No. 20250058 – One Year Extension
Discussion Regarding Southern Pond “Tract C” Identified Erosion and Requested Inspection
of Outfall Pipe	Page 44
Consider Approval of Billing Cochran Rate Adjustment Request…	Page 47
Ratification & Approvals (Actions to be taken collectively via one [1] Motion)
Old Business
Engineer Report/Updates
Phase II Storm Drainage Project
Management Report/Updates
Traffic Enforcement Services
Headly Sidewalk Slab Replacement and Installation of Root Barrier
Falcon Vac Solutions Street Sign Relocation & Installation
Retention Wall - Miami-Dade County, DERM, Class 1 Permit Issuance and Vegetation Removal at Tracts A, G, P and U Project
Administrative Matters
Financial Update	Page 49

Board Member and/or Staff Comments/Requests
Adjourn

McClatchy

The Beaufort Gazette
The Belleville News-Democrat Bellingham Herald
Centre Daily Times Sun Herald
Idaho Statesman Bradenton Herald
The Charlotte Observer The State
Ledger-Enquirer

Durham | The Herald-Sun Fort Worth Star-Telegram The Fresno Bee
The Island Packet The Kansas City Star
Lexington Herald-Leader The Telegraph - Macon Merced Sun-Star
Miami Herald
El Nuevo Herald

The Modesto Bee
The Sun News - Myrtle Beach Raleigh News & Observer Rock Hill | The Herald
The Sacramento Bee San Luis Obispo Tribune
Tacoma | The News Tribune Tri-City Herald
The Wichita Eagle The Olympian

AFFIDAVIT OF PUBLICATION

Account #	Order Number	Identiﬁcation	Order PO	Cols	Depth	
57872	63035	Legal Ad - IPL0285157	Fiscal Year 2025/2026 Meeting Schedule - PUB	1.0	81.0L	

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

CUTLER CAY COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026 REGULAR MEETING SCHEDULE NOTICE IS HEREBY GIVEN that
the Board of Supervisors of the Cutler Cay Community Development District will hold Regular Meetings in the Cut-ler Cay Community Clubhouse located at 7755 SW 192nd Street, Cutler Bay, Florida 33157, at 6:00 p.m. for the fol-lowing dates:
November 10, 2025
January 12, 2026
February 9, 2026
March 9, 2026
April 13, 2026
May 11, 2026
June 8, 2026
July 13, 2026
August 10, 2026
September 14, 2026
The purpose of these meetings is to conduct any business coming before the Board. Meetings are open to the public and will be conducted in ac-cordance with the provisions of Flor-ida law. Copies of the Agenda for any of the meetings may be obtained from the District’s website or by contacting the District Manager at 786-347-2711 Ext. 2011 and/or toll free at 1-877-737-4922.
From time to time one or two Super-visors may participate by telephone; therefore a speaker telephone will be present at the meeting location so that the Supervisors may be fully informed of the discussions taking place. Said meeting(s) may be continued as found necessary to a time and place speci-fied on the record.

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: 10/31/25 Print

Print Tearsheet Link Marketplace Link
Amanda Rodela

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 insure 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.
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 786-347-2711 Ext. 2011 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 without advertised notice.

Amanda Rodela

Mary  Castro

Sworn to and subscribed before me on

Oct 31, 2025, 9:28 AM EDT

CUTLER CAY COMMUNITY DEVELOPMENT DISTRICT
www.cutlercaycdd.org
PUBLISH: MIAMI HERALD 10/31/25
IPL0285157 Oct 31 2025

Online Notary Public. This notarial act involved the use of online audio/video communication technology. Notarization facilitated by SIGNiX®
Page 1

CUTLER CAY COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026 REGULAR MEETING SCHEDULE NOTICE IS HEREBY GIVEN that
the Board of Supervisors of the Cutler Cay Community Development District will hold Regular Meetings in the Cut-ler Cay Community Clubhouse located at 7755 SW 192nd Street, Cutler Bay, Florida 33157, at 6:00 p.m. for the fol-lowing dates:
November 10, 2025
January 12, 2026
February 9, 2026
March 9, 2026
April 13, 2026
May 11, 2026
June 8, 2026
July 13, 2026
August 10, 2026
September 14, 2026
The purpose of these meetings is to conduct any business coming before the Board. Meetings are open to the public and will be conducted in ac-cordance with the provisions of Flor-ida law. Copies of the Agenda for any of the meetings may be obtained from the District’s website or by contacting the District Manager at 786-347-2711 Ext. 2011 and/or toll free at 1-877-737-4922.
From time to time one or two Super-visors may participate by telephone; therefore a speaker telephone will be present at the meeting location so that the Supervisors may be fully informed of the discussions taking place. Said meeting(s) may be continued as found necessary to a time and place speci-fied 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 insure 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.
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 786-347-2711 Ext. 2011 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 without advertised notice.
CUTLER CAY COMMUNITY DEVELOPMENT DISTRICT
www.cutlercaycdd.org
PUBLISH: MIAMI HERALD 10/31/25
IPL0285157 Oct 31 2025

CUTLER CAY COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING
JANUARY 12, 2026

CALL TO ORDER

Mrs. Perez called to order January 12, 2026, Regular Board Meeting of the Cutler Cay Community Development District (the “District”) at 6:06 p.m. in the Cutler Cay Community Clubhouse located at 7755 SW 192nd Street, Cutler Bay, Florida 33157.

PROOF OF PUBLICATION

Proof of publication was presented that notice of the Regular Board Meeting had been published in The Miami Herald on October 31, 2025, as part of the District’s Fiscal Year 2025/2026 Meeting Schedule, as legally required.

ESTABLISH A QUORUM

It was determined that the attendance of the following Supervisors constituted a quorum, and it was in order to proceed with the meeting: Chairman Omar Fonte, Vice Chairperson Dr. Alexandra Penn Williams and Supervisor Leo Corradini were physically present with Supervisors Aileen Milian and Albert Collazo present via Teams.
Staff in attendance included: District Manager Gloria Perez of Special District Services, Inc.; and District Counsel Ginger Wald of Billing, Cochran, Lyles, Mauro & Ramsey, P.A.
ADDITIONS AND/OR DELETIONS TO THE AGENDA

Mrs. Perez announced that she was adding the following items to the agenda. The information for these additional items was forwarded to the Board Members and staff in advance of this meeting via email:

New Business
G.4. Resident Ayala 19528 SW 80th Court - Request for Relocation of Junction Box
Old Business – Engineering Report/Updates
I.1.c. Shoreline Restoration (Three Areas) I.1d. Shoreflex Repair – 19049 SW 80th Court
Old Business – Management Report/Updates
I.2.e. Resident Sims 18808 SW 80th Court - Overgrown Trees and Vegetation

Mrs. Perez noted that the Replacement of Lake Signage agenda item was being deferred to the February meeting at the request of Supervisor Collazo.

COMMENTS FROM THE PUBLIC

There were no comments from the public at this time.

APPROVAL OF MINUTES
November 10, 2025, Regular Board Meeting

Mrs. Perez presented the minutes of the November 10, 2025, Regular Board Meeting.

Mrs. Perez provided clarification that during the previous meeting it was pointed out that the minutes did not include Mr. Collazo as being present during the establishment of a quorum. She was directed to add his name to being present. Mrs. Perez noted that upon further review, she indicated that Mr. Collazo was, in fact, not present during the establishment of a quorum portion of the meeting but did arrive later during the meeting and pointed out that it was referenced in the body of the minutes and therefore no changes were made to the minutes of the September 8, 2025, Regular Board Meeting.

A MOTION was made by Supervisor Milian, seconded by Supervisor Collazo and passed unanimously approving the minutes of the November 10, 2025, Regular Board Meeting, as presented.

NEW BUSINESS
Consider RFQ for District Engineer

At the Board’s direction, a draft RFQ package was presented in the meeting book, inclusive of the Selection Criteria and the ad notice. Mrs. Perez noted, pursuant to Section 287.055, Florida Statutes, and Chapter 190, Florida Statutes the Consultants’ Competitive Negotiation Act (“CCNA”), the District would solicit proposals from qualified engineering firms to serve as the District Engineer (the “District Engineer”). The Board was asked to authorize the District Manager to issue/advertise a Request for Qualifications (“RFQ”) (proposal package) for Professional Engineering Services for the District. District Counsel Wald explained the process.

A MOTION was then made by Supervisor Penn Williams, seconded by Supervisor Collazo and passed unanimously approving the Request for Qualifications for Professional Engineering Services, the Selection Criteria and authorizing the District Manager to proceed with the required notice for advertisement, as presented in substantial final form.

Discussion Regarding Sidewalk Pressure Cleaning Project

Mrs. Perez advised that during the previous meeting the Board approved using the services of Royal Services Network, contingent on the District receiving all the required insurance and exemptions of Workers' Compensation for the person and/or all persons conducting the work. Mrs. Perez advised that the insurance was not provided in its entirety, as it did not include the waiver of subordination. The Workers' Compensation information was not provided as well. The owner explained that he would not be conducting the work on his own and that he would use day laborers for whom he did not have Workers’ Compensation exemptions for. The Board indicated that they did not want to proceed with the engagement of service from Royal Service Network. Followed by;

A MOTION was made by Supervisor Penn Williams, seconded by Supervisor Corradini and unanimously passed approving the proposal from The Pressure Clean Man in the amount of $4,490 for pressure cleaning services of the sidewalks, curbs and valley gutters, as indicated on the provided reference map; and simultaneously directing District Counsel to prepare an agreement and for District management to execute same on behalf of the District.

Discussion Regarding Cutler Cay HOA Response Regarding District Requested Protocol for Modifications Impacting District Infrastructure
Mrs. Perez provided the Board with an update and Mrs. Gavilan’s response as follows:

“At the November 28, 2025 HOA board meeting, the board revisited the request from the CDD Board to have the HOA board approve a rule which requires any Architectural Modification request within the CDD easement be reviewed by the CDD engineer at homeowner’s cost prior to an approval by the Association.”

The motion that was approved unanimously went as follows:

Motion to deny CDDs request, the board will continue to only request permits as required by town/county.”
Request for Relocation of Junction Box by Resident Ayala of 19528 SW 80th Court

In advance of today’s meeting, Mrs. Perez forwarded Mr. Ayala’s email request for the District to remove the junction box located on the District wall behind his property. A discussion ensued followed by the following motion:

A MOTION was made by Supervisor Corradini, seconded by Supervisor Collazo and passed unanimously denying Mr. Ayala’s request for the removal/replacement of the junction box located on the District property behind 19528 SW 80th Court.

RATIFICATIONS AND APPROVALS

There were no ratifications or approvals to come before the Board.
OLD BUSINESS
Engineer Updates
Phase II Storm Drainage Project

A written update was provided by the District Engineer and was forwarded to the Board via email in advance of this meeting along with supporting documents attached hereto:

DERM’s most recent comment requested that control structure information be shown on the
plans.
Upon review of the as-builts, the plans were missing this information, and JHA Surveyors were contracted to provide it.
Requests were sent to JHA on December 17, 2025, and January 6, 2026, however, no response has been received to date.
We will continue coordinating with JHA to obtain the information so the plans can be resubmitted to DERM. Per DERM, these are the final outstanding comments.

District Engineer’s Lake Bank Shoreline Overlay Analysis Presentation and Data
Written Summary – ADDED AGENDA ITEM

The District Engineer’s Lake Bank Shoreline Overlay Analysis Presentation and Data Written Summary, inclusive of the District Engineer’s recommendations and findings, was provided in the meeting material for the Board’s review and recording purposes.

Shoreline Restoration (Three Areas) – ADDED AGENDA ITEM

The update that was provided by the District Engineer and forwarded to the Board Members and Staff via email in advance of this meeting notes the following:

The project is scheduled to begin on Monday the 12th, please see the revised schedule attached.
The staging area has been revised to provide access from NW 188th Street, please see attached.
The contractor has requested confirmation on whether the HOA can flag the irrigation heads within the staging area.

The Board directed District management to contact Mrs. Gavilan, the Association Property Manager, to assist with the coordination of the irrigation pipe locations as well as to confirm that the system is working effectively prior to the commencement of work.
Shoreflex Repair – 19049 SW 80th Court – ADDED AGENDA ITEM

The following update was provided by the District Engineer:

Our analysis identified an anomaly along this shoreline. Further review indicates the Shoreflex has settled.
Landshore will correct this area prior to demobilization, as it is closest to the staging area.
Landshore will provide documentation of the repair and any updated cross sections, if applicable.
Management Report/Updates
Traffic Enforcement Services
Traffic enforcement services were provided between November 2025 and December 2025. Pursuant to the logs (filled out by Police Officers), 26 traffic stops were performed, and 19 citations were issued.

Mrs. Perez provided the following proposals:

Headly Construction Group, Estimate 1733 in the amount of $840.00 Falcon Vac Solutions, Estimate 0041 in the amount of $500.00

A MOTION was made by Supervisor Milian, seconded by Supervisor Penn Williams and passed unanimously approving the Falcon Vac Solutions, Estimate 0041, dated January 9, 2026, in the amount of $500.00 for the relocation of a speed sign and the replacement of two (2) 10 MPH signs, pursuant to the approved Miami-Dade plans; and further adding the specifications to the approved estimate.

A discussion ensued and there was a Board consensus in that the District should continue to provide traffic enforcement services.

Headley Sidewalk Slab Replacement and Installation of Root Barrier

Mrs. Perez provided an update on the project noting that the work, with the exception of the six (6) locations requiring root pruning, had been completed and were pending District inspection. Mrs. Perez then circulated, for Board consideration, the proposal from BrightView for the crown pruning that has been recommended by the BrightView Arborist. Mrs. Perez noted that she had checked with Association management to confirm if the pruning for the same was on schedule and confirmed that they were not to be pruned this year.

A lengthy discussion ensued regarding the trees, roots and potential damage to the roads. The Board directed District management to request that the Association add the indicated six (6) tree crown pruning locations recommended by BrightView to the Association’s scope of work prior to the District completing the root removal and sidewalk replacement.

Guardhouse - New Exterior Light Fixtures

Mrs. Perez advised that the new light fixtures had been installed by AU Electrical during the last week of November 2025.
Retention Wall – Miami-Dade County DERM Class 1 Permit Issuance and Vegetation Removal at Tracts A, G, P and U Project

Mrs. Perez provided the update from Matt Davis of Davis Environmental Solutions noting that “DERM has preliminarily approved the trimming plans, and they are reviewing the final set. Everything they requested was provided on 12/20. We are waiting to hear back from them.”
Resident Sims 18808 SW 80th Court - Overgrown Trees and Vegetation – ADDED AGENDA ITEM

Mrs. Perez advised of the ongoing issue with overgrown vegetation and trees from the Sim’s residence backyard growing over the District wall; images and information on this matter were provided to the Board via email in advance of this meeting.

After several communications on the matter, Mr. Sims reached out to the District via email on January 5, 2026, informing the District and the Association that the vegetation affecting the wall had been removed. Both the Association and the District conducted site inspections and it was determined by both parties that although some branches had been trimmed, the main problem of the overgrown vegetation and trees leaning on the wall persisted. This information and related images were forwarded to the Board members in advance to the meeting via email. Mrs. Perez noted that Mrs. Gavilan had informed her that she would bring the same before the Association Board meeting that is scheduled for this month requesting the removal of the vegetation and trees as was previously done with the neighboring property. A discussion ensued and the Board unanimously agreed that the issue presented should continue to be addressed by the Association.

ADMINISTRATIVE MATTERS
Financial Update

Mrs. Perez presented the financial statement through December 31, 2025, and indicated that available funds were $1,489,827.52.

A MOTION was made by Supervisor Milian, seconded by Supervisor Collazo and passed unanimously ratifying and approving the financials, as presented.

BOARD MEMBER/STAFF COMMENTS/REQUESTS
Mrs. Perez reminded the Board that during the next meeting scheduled for February 9, 2026, the Board would be conducting a Regular Board Meeting and announcing a Budget Workshop or Discussion during said meeting. The Board requested to change the FY 2026/2027 budget schedule as follows:

2026-04-13 - FY 2026/2027 Budget Workshop
2026-05-11 - FY 2026/2027 Proposed Budget Consideration 2026-07-13 - FY 2026/2027 Final Budget Public Hearing

District management was asked to provide the current Budget for Discussion purposes and to prepare a Budget Summary for the Workshop.

ADJOURNMENT

There being no further business to come before the Board, a MOTION was made by Supervisor Fonte, seconded by Supervisor Corradini and passed unanimously adjourning the meeting at 7:15 p.m.

ATTESTED BY:

Secretary/Assistant Secretary	Chairman/Vice Chair

From:	Angel Camacho
To:	Gloria Perez
Cc:	Ronald Galvis; Juan R. Alvarez
Subject:	Cutler Cay CDD Project Updates
Date:	Friday, January 9, 2026 12:07:57 PM
Attachments:	image001.png
Construction Schedule for Cutler Cay CDD_3 Areas w_Shoreflex.pdf Cutler Cay 3areas, Permitted set of plans and back up 2025 09 09.pdf
Good afternoon Gloria, Happy Friday!
As requested, please find below updates on the District’s ongoing projects:

Shoreline Restoration (Three Areas)
The project is scheduled to begin on Monday the 12th, please see the revised schedule attached.
The staging area has been revised to provide access from NW 188th Street, please see attached exhibit.
The contractor has requested confirmation on whether the HOA can flag the irrigation heads within the staging area.
Shoreflex Repair – 19049 SW 80th Ct
Our analysis identified an anomaly along this shoreline. Further review indicates the Shoreflex has settled.
Landshore will correct this area prior to demobilization, as it is closest to the staging area.
Landshore will provide documentation of the repair and any updated cross sections, if applicable.
Drainage Phase II Repairs
DERM’s most recent comment requested that control structure information be shown on the plans.
Upon review of the as-builts, the plans were missing this information, and JHA Surveyors were contracted to provide it.
Requests were sent to JHA on December 17, 2025, and January 6, 2026, however, no response has been received to date.
We will continue coordinating with JHA to obtain the information so the plans can be resubmitted to DERM. Per DERM, these are the final outstanding comments.

Please let me know if you have any questions or need additional information. Best regards,

Angel Camacho
8935 NW 35 Lane, Suite 101
Doral, FL 33172
Office: (305) 640-1345
Mobile: (786) 617-6426
Angel.Camacho@AlvarezEng.com www.alvarezeng.com

)

ID	Task Mode	Task Name	Duration	Start	Finish	Predecessors	% Complete	Qtr 1, 2026		
								026
5	
8	
11	
14	
17	
20	
23	
26	
29	Febru 1	ry 202
4	6
7	
10	
13	
16	
19	
22	
25	Mar 28	ch 202
3	
6	
9	
12	
15	
18	
21	
24	
27	A
30	pril 202
2	6
5	
8	
11	
0		Cutler Cay CDD-(3 Areas with Shoreflex )	58 days	Mon 1/12/26 8:00 AM	Wed 4/1/26 5:00 PM		0%		
1/12	0%	
4/1

4/1

SQF

DEMOBILIZATION	
									Cutler Cay CDD-(3 Areas with Shoreflex )

1/12	2/10

1/12	1/14

ACCESS PREPARATION
3 days

12 days
1/20	2/4
0%
Subgrade preparation
5 days

Place Concrete Block / Shoreflex 1,600 SQF)
7 days

4 days
2/5	2/10
0%

2/11

ACCESS PREPARATION
2 days

17 days
2/13	3/9
0%
Subgrade preparation
6 days

Place Concrete Block / Shoreflex 3,080 SQF
11 days

5 days
3/10
0%

3/17	

3/16

3/16		
1		1 LOT 7786 & 7794 AREA#3 -200 linear Feet	22 days	Mon 1/12/26 8:00 AM	Tue 2/10/26 5:00 PM		0%					
2		1.1 MOBILIZATION	3 days	Mon 1/12/26 8:00 AM	Wed 1/14/26 5:00 PM		0%					
6		1.2 ACCESS PREPARATION	3 days	Thu 1/15/26 8:00 AM	Mon 1/19/26 5:00 PM	5	0%					
7		1.3 CONCRETE BLOCK EROSION CONTROL MAT	12 days	Tue 1/20/26 8:00 AM	Wed 2/4/26 5:00 PM		0%					
		(1,600 SQF)										
8		1.3.1 Subgrade preparation	5 days	Tue 1/20/26 8:00 AM	Mon 1/26/26 5:00 PM	6	0%					
9		1.3.2 Place Concrete Block / Shoreflex 1,600 SQF	7 days	Tue 1/27/26 8:00 AM	Wed 2/4/26 5:00 PM	8	0%					
10		1.4 SODDING	4 days	Thu 2/5/26 8:00 AM	Tue 2/10/26 5:00 PM		0%					
15		2 LOT 7746 & 18862 AREA#2 -385 linear Feet	24 days	Wed 2/11/26 8:00 AM	Mon 3/16/26 5:00 PM		0%					
16		2.1 ACCESS PREPARATION	2 days	Wed 2/11/26 8:00 AM	Thu 2/12/26 5:00 PM	14	0%					
17		2.2 CONCRETE BLOCK EROSION CONTROL MAT	17 days	Fri 2/13/26 8:00 AM	Mon 3/9/26 5:00 PM		0%					
		(3,080 SQF)										
18		2.2.1 Subgrade preparation	6 days	Fri 2/13/26 8:00 AM	Fri 2/20/26 5:00 PM	16	0%					
19		2.2.2 Place Concrete Block / Shoreflex 3,080 SQF	11 days	Mon 2/23/26 8:00 AM	Mon 3/9/26 5:00 PM	18	0%					
20		2.3 SODDING	5 days	Tue 3/10/26 8:00 AM	Mon 3/16/26 5:00 PM		0%					
25		3 COMMON AREA#1 -80 linear Feet	12 days	Tue 3/17/26 8:00 AM	Wed 4/1/26 5:00 PM		0%					

ACCESS PREPARATION
1 day

5 days
3/18	3/24
0%
Subgrade preparation
3 days

Place Concrete Block / Shoreflex 640
2 days

1 day
3/25	3/25
0%
PUNCH LIST
1 day		
26		3.1 ACCESS PREPARATION	1 day	Tue 3/17/26 8:00 AM	Tue 3/17/26 5:00 PM	24	0%				
27		3.2 CONCRETE BLOCK EROSION CONTROL MAT	5 days	Wed 3/18/26 8:00 AM	Tue 3/24/26 5:00 PM		0%				
		(640 SQF)									
28		3.2.1 Subgrade preparation	3 days	Wed 3/18/26 8:00 AM	Fri 3/20/26 5:00 PM	26	0%				
29		3.2.2 Place Concrete Block / Shoreflex 640 SQF	2 days	Mon 3/23/26 8:00 AM	Tue 3/24/26 5:00 PM	28	0%				
30		3.3 SODDING	1 day	Wed 3/25/26 8:00 AM	Wed 3/25/26 5:00 PM		0%				
35		3.4 PUNCH LIST	1 day	Thu 3/26/26 8:00 AM	Thu 3/26/26 5:00 PM	34	0%				

4 days			
36		3.5 DEMOBILIZATION	4 days	Fri 3/27/26 8:00 AM	Wed 4/1/26 5:00 PM	35	0%					

Project: Cutler Cay CDD-(3 Area Date: Thu 1/8/26 11:09 AM	Task Split
Milestone	Summary	 Project Summary
Inactive Task	 Inactive Milestone	 Inactive Summary
Manual Task		Duration-only
Manual Summary Rollup
 Manual Summary	Start-only	 Finish-only		
External Tasks	External Milestone Deadline
Baseline	

		Baseline Milestone		Manual Progress
Baseline Summary	Slippage
Progress				
Page 1	

2	a	6

QUANTITY INFORMATION FOOTNOTES:

BENCHMARK LOCATION

TEMPORARY SITE BENCHMARK LANDSHORE TBM # 127
NAIL & WASHER NORTHING: 457871.3730
EASTING: 880651.3220 ELEV (NAVD88): 6.52 FT

SCALE: 1" = 80'

ITEM NUMBER	
FDOT OR LSE REFERENCE NUMBER	

DESCRIPTION	

UNIT	

PRIORITY LEVEL 1
(SECTIONS 1,2 & 3)	

1	
01026 1	
MOBILIZATION AND DEMOBILIZATION	
LS	
1	

2	
104-11-3	
SILT FENCE (PER LF)	
LF	
150	

3	
104-11-I	
FLOATING TURBIDITY BARRIER. TYPE I	
LF	
500	

4	
110-1-1	
CLEARING AND GRUBBING	
LS	
3	

5	
120- 1	
REGULAR EXCAVATION	
CY	
72	

6	
120-6	
EMBANKMENT	
CY	
149	

7	
900-4	
NON-WOVEN FILTER	
SY	
591	

8	
900-1	
SHOREFLEX WITH ANCHORS	
SY	
591	

9	
900-2	
C125 EROSION CONTROL BLANKET	
SY	
591	

10	
02930-2.1	
SODDING	
SY	
665	

11	
E900-100-200	
ACCESS AREA REPAIR	
SY	
300	

BENCHMARK LOCATION

LAKE 1

PROJECT LENGTH =~ 665 FT
110-1-1 - INCLUDES CLEARING AND GRUBBING OF ALL MATERIAL WILL BE REMOVED FROM THE JOB SITE
104-11-3 - TURBIDITY BARRIERS WILL BE RELOCATED EVERY 500 FT ALONG THE SHORELINE AS THE SECTIONS/PHASES OF CONSTRUCTION ARE COMPLETED.
120-1 - INCLUDES ALL EXCAVATING AND EXPORTING EXCESS AND UNSUITABLE MATERIAL OFF-SITE TO COMPLETE THE PLACEMENT OF THE SHOREFLEX
120-6 - INCLUDES SUITABLE BACKFILL COMPACTED TO 95% DENSITY AT OPTIMUM MOISTURE (ACCORDING ASTM D 698)
02930-2.1. SOD:
INCLUDES GROUND PREPARATION AND COMPLETE MAINTENANCE OF THE AREA UNTIL FINAL COMPLETION. REFER TO VEGETATION SPECIFICATION 02930 FOR ADDITIONAL PLANTING DETAILS.

FDOT: FLORIDA DEPARTMENT OF TRANSPORTATION LSE:	LANDSHORE ENTERPRISES, LLC

SCALE: 1" = 80'

X  X	X

TEMPORARY SITE BENCHMARK LANDSHORE TBM # 128
NAIL & WASHER NORTHING: 456132.9850
EASTING: 879468.5440 ELEV (NAVD88): 5.09 FT

X  X	X

X

Pieter Marais

Digitally signed by Pieter Marais Lombard
Date: 2025.08.03

© Erosion Restoration, LLC.

DATE

REVISIONS
BY

Erosion and Sedimentation Control Plan for

118 Shamrock Blvd.,

THIS ITEM HAS BEEN DIGITALLY SIGNED AND SEALED BY PIETER M. LOMBARD ON THE

Lombard

20:10:22 -04'00'

PROJECT NO.	SHEET	SHEET/OF

DESCRIPTION

Venice, FL 34293

DATE ADJACENT TO THE SEAL.

2022-043

Z-301	7 / 14

971

- 9/9/2025

NV

07/15/2025

N.T.S

Miami Dade 3625023

County

Department

of RegulCatutolerryCaayndCoEmcmonuonimtyicDeRveesloopumrecnetsDi-striJcot b Copy

11:01:32 AM

Lake 1 (Phase 2, Sections 1, 2 &3)

Office: 941-303-5238
Fax: 941-218-6113

PRINTED COPIES OF THIS DOCUMENT ARE NOT CONSIDERED SIGNED AND SEALED AND THE SIGNATURE MUST BE VERIFIED ON ANY ELECTRONIC COPIES.

SUMMARY OF QUANTITIES

DRAWN BY:	DATE:

SCALE:

ACCESS POINT / STAGING AREA

2
14

SILT FENCE SURROUNDING STAGING AREA

LAKE 1

Erosion and Sedimentation Control Plan for Cutler Cay Lake 1_3 SECTIONS_Z301.pdf	Page 12

Cutler Cay
Community Development District

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

CONTENTS

FINAL BUDGET

FINAL MAINTENANCE BUDGET

DETAILED FINAL BUDGET

DETAILED FINAL MAINTENANCE BUDGET

DETAILED FINAL DEBT SERVICE FUND BUDGET

VII	ASSESSMENT COMPARISON

FINAL BUDGET
CUTLER CAY COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	
FISCAL YEAR 2025/2026
BUDGET	
Administrative Assessments	119,701	
Maintenance Assessments	720,106	
Debt Assessments - 2014 Refunding	773,141	
Loan Assessments - Restoration Project	0	
Other Revenues	0	
Interest Income	2,400	
Total Revenues	$	1,615,348	
		
ADMINISTRATIVE EXPENDITURES		
Supervisor Fees	7,000	
Payroll Taxes (Employer)	560	
Management	34,308	
Secretarial	4,200	
Legal	25,000	
Legal - Extraordinary	0	
Assessment Roll	7,500	
Audit Fees	3,600	
Arbitrage Rebate Fee	0	
Insurance	15,000	
Legal Advertisements	5,000	
Miscellaneous	4,250	
Postage	1,000	
Office Supplies	1,375	
Dues & Subscriptions	175	
Trustee Fee	4,200	
Continuing Disclosure Fee	350	
Website Management	2,000	
TOTAL ADMINISTRATIVE EXPENDITURES	$	115,518	
		
TOTAL MAINTENANCE EXPENDITURES	$	680,500	
		
TOTAL EXPENDITURES	$	796,018	
		
REVENUES LESS EXPENDITURES	$	819,330	
		
2021 Bond Refinancing Payments	(726,753)	
		
Balance	$	92,577	
		
County Appraiser & Tax Collector Fee	(30,859)	
Discounts For Early Payments	(61,718)	
		
Excess/ (Shortfall)	$	-	
		
Carryover from Prior Year	0	
		
Net Excess/ (Shortfall)	$	-	

FINAL MAINTENANCE BUDGET
CUTLER CAY COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

MAINTENANCE EXPENDITURES	

FISCAL YEAR 2025/2026
BUDGET	

Contingency/Reserve	
60,000	

Lakes Maintenance	
10,000	

Roads Maintenance/Reserve	
90,000	

Stormwater Drainage Maintenance	
58,000	

Stormwater Drainage Repairs Project (Phase II)	
175,000	

Contingency Item For DERM's Drainage Requests	
0	

Field Operations	
12,000	

Traffic Enforcement	
10,000	

Water Features Maintenance (Southern Entrance/Exit)	
35,000	

Sidewalk Maintenance/Repairs	
18,000	

Engineering/Inspections	
50,000	

Street Signage	
5,000	

Lake Fountain Maintenance	
10,000	

Entry Features Maintenance/Reserve	
7,000	

Guardhouse Exterior Maintenance/Reserve	
8,000	

Water & Sewage	
2,500	

FPL - Electrical Utility	
115,000	

Retention Wall	
0	

Perimeter Wall (Off Old Cutler Road)	
15,000	

Shoreline Restoration & Improvements Project	
0	

TOTAL MAINTENANCE EXPENDITURES	
$	680,500	

DETAILED FINAL BUDGET
CUTLER CAY COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

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

COMMENTS	
Administrative Assessments	109,279	111,781	119,701	Expenditures Less Interest & Carryover/.94	
Maintenance Assessments	742,571	721,164	720,106	Expenditures/.94	
Debt Assessments - 2014 Refunding	773,141	773,141	773,141	Payment To Trustee/.94	
Loan Assessments - Restoration Project	149,389	0	0	Loan Did Not Occur	
Other Revenues	0	0	0		
Interest Income	71,510	1,200	2,400	Interest Estimated At $200 Per Month	
Total Revenues	$	1,845,890	$	1,607,286	$	1,615,348		
					
ADMINISTRATIVE EXPENDITURES					
Supervisor Fees	5,400	7,000	7,000	Supervisor Fees	
Payroll Taxes (Employer)	413	560	560	Projected At 8% Of Supervisor Fees	
Management	32,388	33,348	34,308	CPI Adjustment	
Secretarial	4,200	4,200	4,200	No Change From 2024/2025 Budget	
Legal	28,610	20,000	25,000	FY 24/25 Through January 2025 Was $6,800	
Legal - Extraordinary	19,049	0	0		
Assessment Roll	7,500	7,500	7,500	As Per Contract	
Audit Fees	3,500	3,500	3,600	Accepted Amount For 2024/2025 Audit	
Arbitrage Rebate Fee	0	650	0	Report No Longer Required	
Insurance	13,272	15,000	15,000	Insurance Estimate - FY 24/25 Expenditure Was $13,931	
Legal Advertisements	12,030	2,500	5,000	Costs Have Increased Due To Closing Of The Miami Business Review	
Miscellaneous	4,373	3,750	4,250	$500 Increase From 2024/2025 Budget	
Postage	1,696	700	1,000	$300 Increase From 2024/2025 Budget	
Office Supplies	1,247	1,400	1,375	$25 Decrease From 2024/2025 Budget	
Dues & Subscriptions	175	175	175	No Change From 2024/2025 Budget	
Trustee Fee	4,139	4,200	4,200	No Change From 2024/2025 Budget	
Continuing Disclosure Fee	350	350	350	No Change From 2024/2025 Budget	
Website Management	2,000	2,000	2,000	No Change From 2024/2025 Budget	
TOTAL ADMINISTRATIVE EXPENDITURES	$	140,342	$	106,833	$	115,518		
					
TOTAL MAINTENANCE EXPENDITURES	$	562,706	$	681,500	$	680,500		
					
TOTAL EXPENDITURES	$	703,048	$	788,333	$	796,018		
					
REVENUES LESS EXPENDITURES	$	1,142,842	$	818,953	$	819,330		
					
2021 Bond Refinancing Payments	(739,187)	(726,753)	(726,753)	2026 Principal & Interest Payments	
					
Balance	$	403,655	$	92,200	$	92,577		
					
County Appraiser & Tax Collector Fee	(16,334)	(30,733)	(30,859)	Two Percent Of Total Assessment Roll	
Discounts For Early Payments	(61,322)	(61,467)	(61,718)	Four Percent Of Total Assessment Roll	
					
Excess/ (Shortfall)	$	325,999	$	-	$	-		
					
Carryover from Prior Year	0	0	0	Carryover From Prior Year	
					
Net Excess/ (Shortfall)	$	325,999	$	-	$	-		

DETAILED FINAL MAINTENANCE BUDGET
CUTLER CAY COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

MAINTENANCE EXPENDITURES	

FISCAL YEAR 2023/2024 ACTUAL	

FISCAL YEAR 2024/2025 BUDGET	

FISCAL YEAR 2025/2026 BUDGET	

COMMENTS	

Contingency/Reserve	
1,233	
200,000	
60,000	
$140,000 Decrease From 2024/2025 Budget	

Lakes Maintenance	
7,878	
12,000	
10,000	
$2,000 Decrease From 2024/2025 Budget	

Roads Maintenance/Reserve	
3,900	
50,000	
90,000	

Increased-Nine Years Remaining For Sinking Fund Recommended By Engineer	

Stormwater Drainage Maintenance	
15,490	
40,000	
58,000	

Four Year Sinking Fund Recommended By Engineer-Plus Maintenance & Cleaning	

Stormwater Drainage Repairs Project (Phase II)	
61,988	
0	
175,000	
Projected Costs	

Contingency Item For DERM's Drainage Requests	
0	
120,000	
0	
Line Item Eliminated	

Field Operations	
12,000	
12,000	
12,000	
$1,000 Per Month	

Traffic Enforcement	
0	
0	
10,000	
Miami-Dade Police Department	

Water Features Maintenance (Southern Entrance/Exit)	
25,343	
30,000	
35,000	
$5,000 Increase From 2024/2025 Budget	

Sidewalk Maintenance/Repairs	
17,864	
15,000	
18,000	
$3,000 Increase From 2024/2025 Budget	

Engineering/Inspections	
45,886	
45,000	
50,000	
Developer Advance Liability Entry - 2023/2024	

Street Signage	
0	
5,000	
5,000	
No Change From 2024/2025 Budget	

Lake Fountain Maintenance	
150	
15,000	
10,000	
$5,000 Decrease From 2024/2025 Budget	

Entry Features Maintenance/Reserve	
5,405	
15,000	
7,000	
$8,000 Decrease From 2024/2025 Budget	

Guardhouse Exterior Maintenance/Reserve	
850	
10,000	
8,000	
$2,000 Decrease From 2024/2025 Budget	

Water & Sewage	
120	
2,500	
2,500	
No Change From 2024/2025 Budget	

FPL - Electrical Utility	
110,671	
110,000	
115,000	
$5,000 Increase From 2024/2025 Budget	

Retention Wall	
0	
0	
0	
Deferred To Fiscal Year 2026/2027 Budget	

Perimeter Wall (Off Old Cutler Road)	
0	
0	
15,000	
New Line-Item Separated From Water Feature	

Shoreline Restoration & Improvements Project	
253,928	
0	
0	
May Be Needed In Fiscal Year 2026/2027	

TOTAL MAINTENANCE EXPENDITURES	
$	562,706	
$	681,500	
$	680,500		

DETAILED FINAL DEBT SERVICE FUND BUDGET CUTLER CAY COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

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

COMMENTS	

Interest Income	
15,329	
500	
1,200	
Projected Interest For 2025/2026	

NAV Tax Collection	
739,187	
726,753	
726,753	
Maximum Debt Service Collection	

Total Revenues	
$	754,516	
$	727,253	
$	727,953		

EXPENDITURES					

Principal Payments	
580,000	
595,000	
605,000	
Principal Payment Due In 2026	

Interest Payments	
149,800	
131,022	
118,182	
Interest Payments Due In 2026	

Bond Redemption	
0	
1,231	
4,771	
Estimated Excess Debt Collections	

Total Expenditures	
$	729,800	
$	727,253	
$	727,953		

Excess/ (Shortfall)	
$	24,716	
$	-	
$	-		

Series 2021 Bond Refunding Information

Original Par Amount =	$8,125,000	Annual Principal Payments Due =	May 1st	
Interest Rate =	2.14%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =	March 2021			
Maturity Date =

Par Amount As Of 1/1/25 =	May 2034

$6,420,000			

Cutler Cay Community Development District Assessment Comparison

	Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	
	2022/2023	2023/2024	2024/2025	2025/2026	
Lot		Assessment	Assessment	Assessment	Projected Assessment	
Size		Before Discount*	Before Discount*	Before Discount*	Before Discount*	
60	Administrative	$	195.83	$	202.10	$	221.35	$	237.04	
	Maintenance - Operating	$	1,772.54	$	1,470.45	$	1,428.05	$	1,425.96	
	Restoration Project Loan	$	-	$	295.82	$	-	$	-	
	Debt - 2004 Bond/2014 Refunding/2021 Refunding	$	1,472.84	$	1,472.84	$	1,472.84	$	1,472.84	
	Sub-Total For Lot Size 60	$	3,441.21	$	3,441.21	$	3,122.24	$	3,135.84	
75	Administrative	$	195.83	$	202.10	$	221.35	$	237.04	
	Maintenance - Operating	$	1,772.54	$	1,470.45	$	1,428.05	$	1,425.96	
	Restoration Project Loan	$	-	$	295.82	$	-	$	-	
	Debt - 2004 Bond/2014 Refunding/2021 Refunding	$	1,532.45	$	1,532.45	$	1,532.45	$	1,532.45	
	Sub-Total For Lot Size 75	$	3,500.82	$	3,500.82	$	3,181.85	$	3,195.45	
125	Administrative	$	195.83	$	202.10	$	221.35	$	237.04	
	Maintenance - Operating	$	1,772.54	$	1,470.45	$	1,428.05	$	1,425.96	
	Restoration Project Loan	$	-	$	295.82	$	-	$	-	
	Debt - 2004 Bond/2014 Refunding/2021 Refunding	$	1,704.37	$	1,704.37	$	1,704.37	$	1,704.37	
	Sub-Total For Lot Size 125	$	3,672.74	$	3,672.74	$	3,353.77	$	3,367.37	
	
* Assessments Include the Following :						
4% Discount for Early Payments 1% County Tax Collector Fee
1% County Property Appraiser Fee

 Community Information:	
Sixty Foot Lots	180	
Seventy Five Foot Lots	258	
One Hundred Twenty Five Foot Lots	67	
Total Units	505	

 Seventy Five Foot Lots Information		
Total Units	258	
Prepayments	1	
Billed For Debt	257	

Cutler Cay Community Development District
FY 2025/2026 PROPOSED BUDGET SUMMARY
The Debt Service Assessment is at the maximum rate of Series 2021. The Administrative Budget is higher than last year, Legal & Legal Advertising has increased. The maintenance budget has increased substantially due to various projects and new requirements. Budget amounts allocated per the recommendation of the District engineer have been included. We have lowered certain budget line items to offset the increases to the Stormwater management system, Roads and Retention wall, etc. No carryover balance has been applied to the presented budget.

The estimated available funds for September 30, 2025 are anticipated to be approximately
$700,000 should no unforeseen expenses occur. This is in addition to:
Roadway Reserve Funds ($241,000)
Pipe Repair Project Reserve Funds ($208,000) Stormwater Drainage Reserve Funds ($98,000)
Lake Bank Erosion Reserve Funds ($24,811) NKA Shoreline Restoration & Improvements Project
Project Loan Funds ($140,425)

Breakdown of Maintenance Expenditures Budget Line Items
Contingency/Reserve 100,000 – Decreased from 200k to 100k. Allocating 100K towards the Contingency line item for DERM Required Stormwater Quality Improvement Project.
Lakes Maintenance 10,000 – Decreased by 2k. This covers Regular Maintenance of the Stormwater Retentions Ponds “the Lakes” that is conducted on monthly basis.
Roads Maintenance/Reserve 90,000 – Increased by 40k. This covers Regular Road Maintenance in addition to a Sinking fund for Roads Resurfacing and Markings anticipated to be completed within the next nine (9) years.
Per the District Engineers recommendations: Roads Reserve: We found an error in the quantity of asphalt to be milled and resurfaced in the previous yearly reports. The quantity should be 76,450 SY as it was correctly reported in the 2020 Yearly Engineer’s Report. We have also seen a large increase in the market of milling and resurfacing asphalt, as well as pavement marking replacement. We think assuming a present price of $10/SY for asphalt and $2/SY for pavement markings is reasonable. The analyses below show a remaining service life of 9 years for asphalt and pavement markings. Notice that in the analysis for asphalt, the present cost (PC) for asphalt has been reduced by $241K that you confirmed are in CDD reserves, which means that in the remaining nine years a sinking fund with annuities of $66,226 for asphalt and $19,343 for pavement markings should be budgeted, for a total of $86,600 yearly.

1

Cutler Cay Community Development District
FY 2025/2026 PROPOSED BUDGET SUMMARY

CUTLER CAY ESTIMATE OF COST FOR RESURFACING, RESTORING AND REHABILITATING THE CDD ROADS IN "n" YEARS	
Analysis and Annuity Recommendation	

Pavement Service Life (30 Years Estimated)	
Present Year	Remaining Service Life (Yrs)	Present Year Cost (PC) of Pavement Replacement (Mill and Resurface
3/4" Thick)	Future Replacement Cost @ End of Service Life*	Annual Interest Rate	Annuity to Finance (FC) in
(n) Years given (i)	

From	
To		
(n)	Quantity (SY)	Unit Cost ($/SY)	(PC)-
$241K in Reserve	
(FC)	
(i)	
FCi/((1+i)^n-1)	
2004	2034	2025	9	76,450	$10.00	$523,500	$602,025	0.25%	$66,226	

CUTLER CAY ESTIMATE OF COST FOR REPLACING THE PAVEMENT MARKINGS ON THE CDD ROADS IN "n" YEARS	
Analysis and Annuity Recommendation	
Pavement Markings Service Life (9 Years Estimated)	
Present Year	Remaining Service Life (Yrs)	
Present Year Cost (PC) of Pavement Markings	Future Replacement Cost @ End of Service Life*	Annual Interest Rate	Annuity to Finance (FC) in
(n) Years given (i)	
From	To		(n)	Quantity (SY)	Unit Cost ($/SY)	(PC)	(FC)	(i)	FCi/((1+i)^n-1)	
2025	2034	2025	9	76,450	$2.00	$152,900	$175,835	0.25%	$19,343	

Stormwater Drainage Maintenance/Reserve 58,000 – Four Year Sinking Fund Recommended By Engineer-Plus Maintenance

CUTLER CAY STORMWATER DRAINAGE MAINTENANCE YEARLY BUDGET RECOMMENDATION	

Total No. Structures in CDD	
Total LF Pipes	No. Structures with Pipes Serviced per Year	Avg. Cost of Cleaning
Each Drainage Structure (1)	

Avg. Cost/LF of Cleaning the Pipe (2)	Total Budget Amount Per Year	
		Year
1	(FY
25-26)	Year
2	(FY
26-27)	Year
3	(FY
27-28)	Year
3	(FY
28-29)	Year
2	(FY
29-30)				
325	18680	65					$234.00	$6.70	$40,300	
			65				$239.00	$6.90	$41,400	
				65			$244.00	$7.40	$43,600	
					65		$249.00	$8.10	$46,500	
						65	$254.00	$9.20	$50,900	

(1) Includes the cost of vacuuming the sump of the drainage structure. The cost of removing and reinstalling the baffle if the baffle is in good condition. It is estimated that 85% of the drainage structures have baffles.

2

Cutler Cay Community Development District
FY 2025/2026 PROPOSED BUDGET SUMMARY

(2) Includes the cost per foot of pressure spraying and cleaning the pipe. Videoing the pipe and reporting the conditions. Dewatering with plugs at the end of the pipes when the water table covers the pipe.

CUTLER CAY STORMWATER BAFFLE REPLACEMENTS YEARLY BUDGET RECOMMENDATION	

Estimated Number of Baffles to be Replaced (1)	No. Structures with Pipes Serviced per Year	

Estimated Cost Per Baffle (2)	
Total Budget Amount Per Year	
	Year
1	(FY 25-
26)	Year
2	(FY 26-
27)	Year
3	(FY 27-
28)	Year
3	(FY 28-
29)	Year
2	(FY 29-
30)			
140	28					$600.00	$16,800	
		28				$612.00	$17,200	
			28			$625.00	$17,500	
				28		$638.00	$17,900	
					28	$652.00	$18,300	

(1) The estimated number of baffles to be replaced assumes that 85% of the drainage structures in the CDD have baffles, and that 50% of them will need replacement in the next five years. Therefore, 325 drainage structures x 85% x 50% = 140 (Rounded up). The baffle
replacements can be done concurrent with the yearly drainage maintenance.
Stormwater Drainage Repairs Project (Phase II) 175,000 – The plans for this project are currently in the permitting process. The $175,000 recommended for this project includes $154,970 for the agreement between the District and Headley Construction Group, Inc. rounded to $155,000 plus $20,000 in contingencies and permitting requirements.
Contingency Item for DERM’s Drainage Requests 100,000 – Previously known as “DERM Required Stormwater Quality Improvement Project”. This amount has been reduced by $20,000. To address unforeseen events and DERM requests/requirements.
Field Operations 12,000 – Amount remains unchanged. Field Operations services rendered to the District. Field management services that SDS provides in the District; Includes but not limited to the coordination and communication with contractors for required maintenance and improvements, solicitation of bids/cost quotes, management of contracts, site visits and inspections.
Water Features Maintenance (Southern Entrance/Exit) 35,000 – Increased by 5k. Regular Maintenance and Repairs to the Southern Entrance/Exit Water Features this includes the water treatments and cleaning of the infrastructure, as well as the maintenance and repairs of the mechanical and structural components.

3

Cutler Cay Community Development District
FY 2025/2026 PROPOSED BUDGET SUMMARY
Sidewalk Maintenance/Repairs 18,000 – Increased by 3k. Pressure Cleaning, Repairs and Replacement of the sidewalks throughout the District common areas. We have observed that the maturing tree root systems are causing more damages that will be requiring more repairs and ultimately replacement of the slabs.
Engineering/Inspections 50,000 – Increased by 5k and this includes the District Engineers Services, Inspections, Attendance for Site and Board Meetings, Annual Reports, etc.
Street Signage 5,000 – Amount remains unchanged. Maintenance and/or replacement of Street Traffic Signage.
Lake Fountain Maintenance 10,000 – Decreased to by 5k. The allocated cost includes Regular maintenance that is conducted on quarterly basis and any necessary repairs.
Entry Features Maintenance/Reserve 7,000 – Decreased by 8k. This includes the maintenance of the entry monuments and structures located at the main entrance off of Old Cutler Road consisting of three (3) decorative structures [one on each sidewalk and one on the median] and two (2) monuments.
Guardhouse Exterior Maintenance/Reserve 8,000 – Decreased 2k. Amount allocated to maintain the guardhouse exterior and to reserve for future repairs/replacement.
Water & Sewage 2,500 – Remains unchanged. Guardhouse usage.
FPL - Electrical Utility 115,000 – Increased by 5k. Based off of last year’s usage. This included but is not limited to Street Lights, Water Features, Lake Fountain, Irrigation Pumps, Guardhouse, etc.
Retention Wall 80,000 – Newly allocated line item. To create and maintain the required vegetation clearance for Tracts A, G, P & U that are owned by the District. Each parcel/unit owner is responsible for approximately two (2) to four (4) feet from the wall out into the wetland area and maintaining the corresponding portion of the wall all and decorative fence.
This cost is inclusive of an agreement with Davis Environmental for the estimated work inclusive of vegetation trimming and mitigation, for the services of a licensed mangrove qualified environmental arborist and permit processing costs.
Perimeter Wall (off of Old Cutler Road) 15,000 – This amount remains unchanged. Provides funds for the Regular maintenance and repairs of the wall the runs parallel to Old Culter Road.
Shoreline Restoration & Improvements Project – Zero funds have been allocated to this line item. Based on the District Engineer’s suggestions “I think the Board may decide not to do additional work in FY 25-26 and observe the lake banks and record complaints (if any) and make a decision on FY 26-27 if additional restoration is necessary.”

4

2/1/26, 12:48 PM	Cutler Cay CDD - Reserve Updated Information

 Outlook

[Draft] Cutler Cay CDD - Reserve Updated Information

From
Pursuant to last month’s financials the Reserve balances are currently as follows: Project/Erosion: $140,425
Roads: $257,900 Stormwater: $122,800 Pipe Repairs: $208,000 Total Reserves: $729,125

Reserve For Project/Lake Bank Erosion As Of 12/31/25 $ 140,425.00

Reserve For Roads Maintenance As Of 12/31/25	$ 257,900.00	
Reserve For Stormwater Drainage As Of 12/31/25	$ 122,800.00	
Reserve For Pipe Repairs Project As Of 12/31/25	$ 208,000.00	

Thank you,		
Gloria Perez District Manager
Special District Services, Inc. Office: 786-347-2711
Toll Free: 877-737-4922		
www.sdsinc.org		

NOTE: Under Florida Law, e-mail addresses sent to this office are public records. If you do not want your e-mail address released in response to a public records request, do not send electronic mail to this entity. Instead, contact this office by phone or in writing.

BOARD MEMBERS: Please do not use the reply all feature of your e-mail as it may be deemed a violation of the Sunshine law. Please reply only to the management office.

June 25, 2025

Ms. Gloria Perez District Manager
Cutler Cay Community Development District Special District Services, Inc.
The Oaks Center, 2501A Burns Road Palm Beach Gardens, FL 33410

Re: Year 2025 Cutler Cay CDD Report

Dear Ms. Perez:

FL Certificate of Authorization No. 7538 8935 NW 35 Lane, Suite 101
Doral, Florida 33172
Tel. (305) 640-1345 Fax (305) 640-1346
E-Mail: Alvarez@AlvarezEng.com

The intent of this report is fourfold: 1) To inform as to the status of ownership of the infrastructure that was financed or constructed by the District; 2) To describe the state, working order and condition of the infrastructure still owned by the District; 3) To give recommendations as to the funds estimated necessary for the proper maintenance, repair and operation of the District’s infrastructure and; 4) To report on the insurance being carried by the District.
The District is located in Sections 2 and 3, Township 56 South, Range 40 East, in Miami-Dade County, Florida. It is bounded by Old Cutler Road on the west, SW 185 Terrace and undeveloped land on the north, Biscayne Bay on the east, and SW 196 Street on the south. The development is located within Zip Code 33157. See Exhibit 1.

Infrastructure Ownership and Maintenance Responsibilities.
General
The CDD owns the land and improvements within the tracts shown in Exhibit 2. These tracts and improvements were granted in 2008 to the District by Shoma Development Corporation (the “Developer”) and by The Cutler Cay Homeowners Association, Inc. (the “HOA”) via Quit-Claim deeds recorded at ORB 26735, PG 1457 and ORB 26735, PG 1455, respectively.
The portions of Old Cutler Road and SW 196 Street that lie within the development were dedicated to Miami-Dade County by the recording of the plat titled “Cutler Cay” in Plat Book 162, Page 23.

The water and sanitary sewer systems were completed and conveyed to Miami-Dade County for ownership and maintenance.
Maintenance Responsibilities of CDD-Owned Facilities
The CDD and the HOA entered into a maintenance agreement dated May 26, 2021, which will expire on September 30, 2025 (the “2021 Agreement”). On June 10, 2024, the CDD and the HOA entered into a new 2-year, renewable maintenance agreement with a commencement date of October 1, 2025, when the 2021 agreement expires (the “2024

Page 1

Cutler Cay CDD 2025 Report

Agreement”). The maintenance responsibilities of the CDD and HOA described in the 2024 agreement are summarized in the table below:

Maintenance Responsibilities of CDD-Owned Facilities.	
(Refer to Exhibit 2 for Location)	
Tract ID	Acreage	CDD
Ownership	Improvements Maintenance Responsibility	
			CDD	HOA	

A	

32.02	Land, Roads, Drainage, Sidewalks, Guardrails, Signs, Pavement Markings, Retaining Perimeter Wall, and Fence at SW 78 Ave (from
195 Terr to 194 Terr), Lighting, Landscaping, Irrigation, Security Guardhouse Structure with Gates and Equipment, North Entry Features, South
Entry Fountain.	

Roads, Drainage, Sidewalks, Guardrails, Signs, Pavement Markings, Retaining Perimeter Wall, and Fence at SW 78 Ave (from 195 Terr to 194 Terr), Lighting, Security Guardhouse Structure, North Entry Features, South Entry Fountain.	

Landscaping, irrigation, security gates at the guardhouse, security equipment, interior guardhouse components, and regular janitorial services within the guardhouse.	

B	

33.05	Land, Lake, Fountain, Drainage Outfalls, Guardrails, Landscaping,
Irrigation.	

Lake (water), Drainage Outfalls, Guardrails, Fountain.	

Landscaping, Irrigation (lake banks).	

C	

1.821	Land, Lake, Drainage Outfalls, Guardrails, Landscaping,
Irrigation.	
Lake (water), Drainage Outfalls, Guardrails.	
Landscaping, Irrigation (lake banks).	

G	

1.753	Land, Drainage, Retaining Perimeter Wall and Fence on the East Side of the
Tract,	
Drainage, Retaining Perimeter Wall and Fence on the East Side of the Tract.	

Landscaping, Irrigation.	

Alvarez Engineers, Inc.
FL Certificate of Authorization No. 7538 8935 NW 35 Lane, Suite 101, Doral, FL 33172
Telephone (305) 640-1345 E-Mail: Alvarez@AlvarezEng.com
Page 2

Cutler Cay CDD 2025 Report

Maintenance Responsibilities of CDD-Owned Facilities.	
(Refer to Exhibit 2 for Location)	
Tract ID	Acreage	CDD
Ownership	Improvements Maintenance Responsibility	
			CDD	HOA	
		Landscaping, Irrigation.			
H	0.588	Land, Landscaping,
Irrigation.	-	Landscaping, Irrigation.	

I	
1.109	Land, Drainage, Decorative Wall, Landscaping, Irrigation.	
Drainage, Decorative Wall.	
Landscaping, Irrigation.	

J	
0.048	Land,
Landscaping, Irrigation.	
-	
Landscaping, Irrigation.	

K	
0.048	Land, Landscaping, Irrigation.	
-	
Landscaping, Irrigation.	

N	

1.849	Land, Pond, Guardrails, Decorative Wall on Old Cutler
Rd, Landscaping, Irrigation.	

Pond (water), Guardrails, Decorative Wall on Old Cutler Road.	

Landscaping, Irrigation (pond banks).	

O	

2.188	Land, Pond, Guardrails, Decorative Wall on Old Cutler
Rd, Landscaping, Irrigation.	

Pond (water), Guardrails, Decorative Wall on Old Cutler Road.	

Landscaping, Irrigation (pond banks).	

P	

0.438	Land, Guardrails, Retaining Wall at SE Corner of Tract,
Landscaping, Irrigation.	

Guardrails, Retaining Wall at SE Corner of Tract.	

Landscaping, Irrigation.	

Q	
0.021	Land, Landscaping, Irrigation.	
-	
Landscaping, Irrigation.	

R	
0.023	Land, Landscaping, Irrigation.	
-	
Landscaping, Irrigation.	
S	0.398	Land, Landscaping,
Irrigation.	-	Landscaping, Irrigation.	
T	0.052	Land, Landscaping,	-	Landscaping, Irrigation.	

Cutler Cay CDD 2025 Report

Maintenance Responsibilities of CDD-Owned Facilities.	
(Refer to Exhibit 2 for Location)	
Tract ID	Acreage	CDD
Ownership	Improvements Maintenance Responsibility	
			CDD	HOA	
		Irrigation.			

U	

0.203	Land, Guardrails, Retaining Perimeter Wall and Fence on SW 74 Ave,
Landscaping, Irrigation	

Guardrails, Retaining Perimeter Wall and Fence on SW 74 Ave	

Landscaping, Irrigation.	

V	
1.298	Land, Decorative Wall on Old Cutler Road,
Landscaping, Irrigation	
Decorative Wall on Old Cutler Road.	
Landscaping, Irrigation.	

W	

0.122	Land, Decorative Wall on Old Cutler Road,
Landscaping, Irrigation	

Decorative Wall on Old Cutler Road.	

Landscaping, Irrigation.	

X	
0.083	Land, Landscaping, Irrigation.	
-	
Landscaping, Irrigation.	

A-A	
0.153	Land, Landscaping, Irrigation.	
-	
Landscaping, Irrigation.	
B-B	0.144	Land, Landscaping,
Irrigation.	-	Landscaping, Irrigation.	

C-C	
0.058	Land, Landscaping, Irrigation.	
-	
Landscaping, Irrigation.	

State, Working Order and Condition of the Infrastructure Currently Owned by the District.
Roads and Road Components, Walls, Fences, Structures, Lighting, Landscaping and Irrigation.
The roads and related CDD-Owned facilities listed above in Section 1.b. are in good working order and condition.

Stormwater Management System, Lakes, Ponds, Drainage and Open Areas
Except for the drainage repairs described below, the drainage and stormwater management facilities listed above in Section 1. b. are in generally good working order and condition.

Cutler Cay CDD 2025 Report

The CDD has engaged Headley Construction to undertake the Phase II Drainage repairs to the storm drainage system that drains the loop of SW 77 PL, SW 193 St, SW 76 Ct and SW 193 LN, where complaints have been received.

The CDD has completed the Priority 1 (Phase 1) shoreline restoration of the lake within Tract "B," following Landshore Enterprises’ Lake Erosion Analysis.
The CDD has entered into an agreement with Landshore Enterprises to restore three segments of the lake shore totaling approximately 665 Linear Feet.
Water and Sewer Systems
The water and sewer systems were completed and conveyed in good working order and condition to Miami-Dade County for ownership and maintenance.

Issues with the systems may be reported to the County at either of the following numbers: 305-274-9272 (Emergencies) or 305-665-7477 (Customer Service).
Estimated Maintenance Costs for District-Owned Infrastructure
General
We think that for Fiscal Year 2025-2026, the District proposed amounts for field maintenance expenditures are adequate to properly maintain, repair and operate the public infrastructure for which the District is currently responsible in 2025-2026. (Refer to Financials – Cutler Cay Community Development District for the FY 2025-2026 Proposed Budget).

District Roads
The FY 2025-2026 budget takes into consideration the recommendation of creating a sinking fund to finance the future capital expense of milling and resurfacing the pavement and pavement markings of the District roads at the end of their service life, which is estimated to be in 11 years for the pavement and 5 for the pavement markings.
The table below provides an estimate of the future replacement costs and the estimated minimum annual contributions over the remaining service life to fund the future expenses, taking into consideration that as of this year, the District has accumulated about
$241,000 in reserves for such purpose, as reported by the District Manager to the District Engineer.

Cutler Cay CDD 2025 Report

ESTIMATE OF COSTS FOR RESURFACING ROADS IN "n" YEARS	
Analysis and Annuity Recommendation		

Pavement Service Life (30 Years Estimated)	
Present Year	
Remaining Service Life (Yrs)	
Present Year Cost (PC) of Pavement Replacement (Mill and Resurface 3/4" Thick)	Future Replacement Cost @ End of Service Life* For 2.5%
Inflation Rate (r)	
Annual Interest Rate	Annuity to Finance (FC) in (n) Years given (i)	

From	
To		
(n)	Quantity (SY)	Unit Cost
($/SY)	(PC)-
$241K in
Reserve	
FC= (PC)(1+r/100)^n	
(i)	
FCi/((1+i)^n-1)	
PAVEMENTS	
2006	2036	2025	11	76,450	$10.00	$523,500	$686,877	0.25%	$61,667	
PAVEMENT MARKINGS AND SIGNING	
2020	2030	2025	5	76,450	$2.50	$191,125	$216,240	0.25%	$43,032	

Stormwater Management System
The FY 2025-2026 budget takes into consideration the suggested creation of a 5-year cyclical program for servicing the inlets, manholes, pipes, and French drains of the drainage system. The program consists of servicing 20% of the system every year so that at the end of the fifth year, 100% of the system will be serviced. The tables below show the estimated amount that would need to be budgeted yearly to service the 325 drainage structures, the 18,680 Linear Feet of pipes and replacement of damaged baffles in the District.

5-YEAR CYCLE ESTIMATE OF YEARLY COSTS FOR SERVICING THE STORMWATER DRAINAGE	

Total No. Structures in CDD	

Total LF Pipes	No. Structures with Pipes Serviced per Year	Avg. Cost/EA Structure. Assume 2.5%
Annual
Inflation Rate (1)	Avg. Cost/LF Pipe. Assume 2.5%
Inflation Rate (2)	

Total Budget Amount Per Year	

Year 1
(2025)	

Year 2
(2026)	

Year 3
(2027)	

Year 4
(2028)	

Year 5
(2029)				
325	18680	65					$230.00	$6.75	$40,200	
			65				$236.00	$6.92	$41,200	
				65			$242.00	$7.09	$42,300	
					65		$248.00	$7.27	$43,300	
						65	$254.00	$7.45	$44,400	
(1) Includes the cost of vacuuming the sump of the drainage structure and the cost of removing and reinstalling the baffle if there are baffle, and the if the baffle is in good condition.

(2) Includes the cost of pressure spraying and videoing the pipes and of dewatering with plugs at the end of the pipes when the pipes are submerged.

Cutler Cay CDD 2025 Report

5-YEAR CYCLE ESTIMATE OF YEARLY COSTS FOR BAFFLE REPLACEMENTS	

Estimated Number of Baffles to be Replaced (1)	No. Structures with Pipes Serviced per Year	Estimated Cost Per Baffle For 2.5% Inflation Rate	Total Budget Amount
Per Year	
	Year 1
(FY 25-
26)	Year 2
(FY 26-
27)	Year 3
(FY 27-
28)	Year 3
(FY 28-
29)	Year 2
(FY 29-
30)			
69	14					$600	$8,400	
		14				$615	$8,700	
			14			$630	$8,900	
				14		$646	$9,100	
					13	$662	$8,700	
(1) The estimate assumes that 25% of the 176 baffles in the District will need replacement in the next five years.
Water and Sewer Systems
The water and sewer systems are maintained, operated, and funded by WASD, which may be contacted at 305-274-9272 (for emergencies) or at 305-665-7477 (for customer service).

Insurance
Alvarez Engineers has reviewed the District’s general liability, property, hired non-owned auto, employment practices liability, public officials liability coverage and deadly weapon protection insurance policy provided by Florida Insurance Alliance under Agreement No. 100124030, for the period between October 1, 2024, and October 1, 2025. The District has budgeted enough funds to cover the $13,931 insurance premium.

This report was prepared to the best of my knowledge and belief and is based on field observations conducted by Alvarez Engineers personnel, the District Engineer’s Report, public documents available and communications with the District’s field staff.

If you have any questions, please do not hesitate to contact us at 305-640-1345 or at Alvarez@Alvarezeng.com.

Sincerely,
Alvarez Engineers, Inc.

This item has been digitally signed and sealed by

Juan R Alvarez

Digitally signed by Juan R Alvarez Date: 2025.06.25
13:58:10 -04'00'

Juan R. Alvarez, PE on June 25, 2025.

Printed copies of this document are not considered signed and sealed and the signature

Juan R. Alvarez, PE District Engineer Date: June 25, 2025

cc.	Michael Pawelczyk, District Counsel, mjp@bclmr.com

must be verified on any electronic copies.

Page 8

CDD BOUNDARY

CDD BOUNDARY

CDD BOUNDARY

SW 187 TR

SW 78 AVE

SW 76 CT

SW 74 CT

SW 187 ST

SW 188 ST

SW 74 AVE

SW 188 TR

SW 191 ST

SW 79 PL

SW 79 CT

SW 79 AVE

SW 78 PL

SW 77 PL

SW 194 ST

SW 79 CT

SW 78 PL

SW 78 AV

SW 195 ST

SW 196 ST

SW 195 TR	SW 195 TR

CDD BOUNDARY

LEGEND:

ALVAREZ ENGINEERS, INC.
CUTLER CAY CDD

CDD LAND OWNERSHIP AND EASEMENTS
EXHIBIT 2

0 100'

400'

Page 9

650'

Cutler Cay CDD
Lake Banks Signage Size Reduction and Relocation	
Falcon Vac Solutions	Felix Clean Services	Headley Construction Group	
Reduce the size of the thirteen (13) Lake Bank Caution Signs in accordance with the provided specifications.

Remove and relocate the two (2) signs currently obstructing the lake fountain view to the designated location.	
$1,860.00	$2,600.00	$2,905.00	

FALCON VAC SOLUTIONS LLC

8285 NW 186th St Ap 604
Hialeah, FL 33015-2654
+1 (786) 3433398
https://www.falconvac.com Info@falconvac.com

ESTIMATE
EST0043

DATE
01/28/2026

TOTAL
USD $1,860.00

TO

Cutler Cay CDD C/o Special District Services Inc
2501A Burns Rd, Palm Beach Gardens, FL 33410
 5616304922
 5616304922

DESCRIPTION	RATE	QTY	AMOUNT

Reduce existing signs by 2 feet. $ 120 X 13 = 1560
To relocate signs(2). The client must indicate the new location. 150 x 2 = 300

$1,860.00	1	$1,860.00

TOTAL	USD $1,860.00

TERMS: Net 30
Acceptance on next page...

ACCEPTANCE: Client hereby accepts and agrees to the terms, Scope of Work, and all other conditions and specifications hereinabove. Falcon Vac Solutions LLC is authorized to perform the work. Payment shall be made in accordance with the provisions contained hereinabove.
Accepted by:

Authorized Representative’s Signature

Date of Acceptance

FELIX CLEAN SERVICES, LLC.
Office Phone: (786) 389-6522

Proposal/Contract

Customer & Address:	Cutler Cay Community Development District
Old Cutler RD & SW 195st TER Cutler Bay, FL

We hereby submit specifications and estimates for:
Reduce size of 13 signs in lake banks (as per client indication)	$2,275.00
Relocate 2 signs in lake bank (as per client indication)	$325.00

Parts and labor	---------------------------------------	$ 2,600.00	
7% Tax	---------------------------------------	N/A	
Grand total	---------------------------------------	$ 2,600.00	

ACCEPTANCE OF PROPOSAL
Name (and Title):	__________________________________________________

Signature:	__________________________________________________ Date:	 __________________________________________________

FELIX CLEAN SERVICES, LLC.:	__________________________________________________

Headley Construction Group Inc

8240 SW 186th ST
Cutler Bay, FL 33157 USA
+13056131490
thomas@headleycg.com

Estimate		
ADDRESS	ESTIMATE	1738	
CUTLER CAY COMMUNITY DEVELOPMENT DISTRICT	DATE	01/28/2026	
7755 SW 192ND ST			
CUTLER BAY, FL 33157			
DATE	SERVICE	DESCRIPTION	QTY	RATE	AMOUNT	
	Project; Cutler Cay Signpost Reductions and Relocations				
Signs & Markings	1. Repositioning signposts around Cutler Cay Lake 2 feet lower and trimming of remaining post to eliminate exposed post on top (Qty. 13)	13	185.00	2,405.00	
Signs & Markings	2. Relocating shore‑erosion caution signs (Qty. 2)	2	250.00	500.00	

SUBTOTAL	2,905.00	
TAX	0.00	

TOTAL	$2,905.00	

Accepted By Accepted Date

FELIX CLEAN SERVICES, LLC.
Office Phone: (786) 389-6522

Proposal/Contract

Customer & Address:	Cutler Cay Community Development District
Old Cutler RD & SW 195st TER Cutler Bay, FL

We hereby submit specifications and estimates for:
Repair identified cracks and leaks on south waterfall structure	$1,200.00
Repair identified cracks and leaks on north waterfall structure	$2,800.00
Demount and repair water leaks in wall spouts (2 waterfalls)	$3,200.00
Acid wash to remove calcification and water level tiles (2 waterfalls)	$1,100.00

Paint for areas of wall/structure after cracks repairs will be provided as a courtesy if proposal/job is approved
1 Year warranty.

Parts and labor	---------------------------------------	$ 8,300.00	
7% Tax	---------------------------------------	N/A	
Grand total	---------------------------------------	$ 8,300.00	

ACCEPTANCE OF PROPOSAL
Name (and Title):	__________________________________________________

Signature:	__________________________________________________ Date:	 __________________________________________________

FELIX CLEAN SERVICES, LLC.:	__________________________________________________

	

PROPOSAL
Tel 786-694-0709
E-mail: operations@raptorvac.com
STORMWATER DRAIN MAINTENANCE
PROPOSAL SUBMITTED TO:
Cutler Cay CDD ℅ SDS, Inc.	PROJECT NAME:
Cutler Cay CDD	
BUSINESS ADDRESS:
2501A Burns Road, Palm Beach Gardens, FL	PROJECT LOCATION:
7755 SW 192nd St, Cutler Bay, FL 33157	
CONTACT:
Management	DATE:
January 29, 2026	

We hereby propose to furnish all labor and equipment to complete the work outlined in this proposal in accordance with the Scope of Work listed below.

SCOPE OF WORK: All labor, equipment and materials to complete work in accordance with pricing in Price Sheet and scope of work detailed below.

Vac-con combination sewer cleaner to remove sediment from ninety-one (91) catch basin structures located throughout the District and further detailed in inspection report provided by Management.

COST: We propose to conduct this work in accordance with the above Scope of Work for the sum of $10,010.00.

Ten Thousand Ten Dollars and 00/100 Cents

ACCEPTANCE: Client hereby accepts and agrees to the terms, Scope of Work, and all other conditions and speciﬁcations hereinabove. Raptor Vac Systems is authorized to perform the work. Payment shall be made in accordance with the provisions contained hereinabove.

Accepted by:

Authorized Representative’s Signature

Date of Acceptance

Cutler Cay CDD – Storm Drainage Structures to be Cleaned
*Approximated locations (just for reference). Detailed Plans with Exact Locations have been provided to vendor, and filed for District’s records.

Page 44

Page 45

-■Y  AH.
�BY  C.H.
"""""'-"-
12/0.3/03
SCALE
AS NQT[D
PROJ. No.
808-05

c-e

SHEET

OF  >O

LAW OFFICES
BILLING@COCHRAN
ESTABLISHEO 1977

KENNETH W. MORGAN, JR. MICHAEL J. PAWELCZYK MANUEL R. COMRAS ANOREW A. RIEF
JEFFERY R. LAWLEY GINGER E. WALD SCOTT C. COCHRAN
ALINE 0. MARCANTONIO JOHN C. WEBBER

STEVEN F. BILLING (1947-1998)

BILLING COCHRAN, P.A. LAS OLAS SQUARE, SU!TE 600
515 EAST LAS OLAS BOULEVARD
FORT LAUOEROALE, FLORIDA 33301
(954) 764-7150
(954) 764-7279 FAX

PGANATIONAL OFFICE CENTER
300 AVENUE OF THE CHAMPIONS, SUITE 270 PALM BEACH GAROENS, FLORIDA 33418
(561) 659-5970
(561) 659-6173 FAX

CHRISTINE A. BROWN GABRIELLA A. FERNANDEZ PEREZ
MARLENE E. GONZALEZ LORI 8. LEWELLEN LIZA E. SMOKER LUCAS A. WILLIAMS

OF COUNSEL: CLARK J. COCHRAN, JR. SUSAN f. DELEGAL OENNIS E. LYLES
BRUCE M. RAMSEY

HAYWARD D. GAY (1943-2007)		

RICHARO T. WOULFE

WWW. 81LL! NGCOCH RAN .COM PLEASE REPLY TO: FORT LAUDERDALE

February 2, 2026

VIA E-MAIL ONLY- gperez@sdsinc.org Ms. Gloria Perez
District Manager Special District Services Kendall Office Center
8785 SW 165th Avenue, #200
Miami, FL 33193

Re: Adjustment to District Counsel Fee Structure Cutler Cay Community Development District Our File: 518.02478
Dear Gloria:

This firm's current fee structure has been in place since 2023. Although we are certainly mindful of the necessity to keep increases in the District's expenses, including the cost of legal services, to a minimum, it has become necessary for us to adjust our hourly rates effective, October 1, 2026, as follows:

Attorneys/Partners:
Attorneys/Associates:

$300.00 per hour
$250.00 per hour

This hourly fee structure will be adjusted on a periodic basis in connection with the District's budget process no later than every third Fiscal Year to reflect changes in the Consumer Price Index published by the U.S. Department of Labor.

Ms. Gloria Perez February 2, 2026
Page 2

Naturally, should you feel you have any questions or require any further information in support ofthis adjustment you should feel free to contact me at your convenience. As I think you are aware, we very much appreciate the opportunity to serve as District Counsel as well as your courtesy and cooperation with regard to the necessity of what we believe to be both infrequent and reasonable adjustments to our schedule of professional fees.

�y

Michael J. For the Firm
MJP/jmp
cc: Brielle Barba, SDS (via email only)

Cutler Cay Community Development District

Financial Report For January 2026

CUTLER CAY COMMUNITY DEVELOPMENT DISTRICT MONTHLY FINANCIAL REPORT
JANUARY 2026

REVENUES	
Annual Budget
10/1/25 - 9/30/26	

Actual Jan-26	Year To Date Actual
10/1/25 - 1/31/26	
Administrative Assessments	119,701	6,087	100,321	
Maintenance Assessments	720,106	36,630	603,685	
Debt Assessments - 2021 Refunding	773,141	39,320	648,032	
Other Revenue	0	0	0	
Interest Income	2,400	0	1,207	
Total Revenues	$	1,615,348	$	82,037	$	1,353,245	
				
ADMINISTRATIVE EXPENDITURES				
Supervisor Fees	7,000	1,000	2,000	
Payroll Taxes (Employer)	560	77	153	
Management	34,308	2,859	11,436	
Secretarial	4,200	350	1,400	
Legal	25,000	0	3,173	
Assessment Roll	7,500	0	0	
Audit Fees	3,600	0	0	
Arbitrage Rebate Fee	0	0	0	
Insurance	15,000	0	14,186	
Legal Advertisements	5,000	0	571	
Miscellaneous	4,250	162	603	
Postage	1,000	-11	181	
Office Supplies	1,375	4	443	
Dues & Subscriptions	175	0	175	
Trustee Fee	4,200	0	0	
Continuing Disclosure Fee	350	0	0	
Website Management	2,000	166	667	
Bank Service Charges	0	0	487	
TOTAL ADMINISTRATIVE EXPENDITURES	$	115,518	$	4,607	$	35,475	
				
TOTAL MAINTENANCE EXPENDITURES (Details On Page 2)	$	680,500	$	13,659	$	67,163	
				
Total Expenditures	$	796,018	$	18,266	$	102,638	
				
Revenues Less Expenditures	$	819,330	$	63,771	$	1,250,607	
				
2021 Bond Refinancing Payments	(726,753)	(37,770)	(616,354)	
				
Balance	$	92,577	$	26,001	$	634,253	
				
County Appraiser & Tax Collector Fee	(30,859)	(796)	(17,163)	
Discounts For Early Payments	(61,718)	(2,438)	(48,929)	
				
Excess/ (Shortfall)	$	-	$	22,767	$	568,161	
				
Carryover From Prior Year	0	0	0	
				
Net Excess/ (Shortfall)	$	-	$	22,767	$	568,161	

Bank Balance As Of 1/31/26	$	2,862,125.89	
Accounts Payable As Of 1/31/26	$	562,861.33	
Accounts Receivable As Of 1/31/26	$	1,200.00	
Reserve For Project/Lake Bank Erosion As Of 1/31/26	$	140,425.00	
Reserve For Roads Maintenance As Of 1/31/26	$	257,900.00	
Reserve For Stormwater Drainage As Of 1/31/26	$	122,800.00	
Reserve For Pipe Repairs Project As Of 1/31/26	$	208,000.00	
Available Funds As Of 1/31/26	$	1,571,339.56	

CUTLER CAY COMMUNITY DEVELOPMENT DISTRICT MONTHLY FINANCIAL REPORT - MAINTENANCE JANUARY 2026

MAINTENANCE EXPENDITURES	

Annual Budget
10/1/25 - 9/30/26	

Actual Jan-26	
Year To Date Actual
10/1/25 - 1/31/26	

Contingency/Reserve	
60,000	
0	
0	

Lakes Maintenance	
10,000	
619	
2,476	

Roads Maintenance/Reserve	
90,000	
0	
3,600	

Stormwater Drainage/Reserve	
58,000	
0	
0	

Stormwater Drainage System Pipe Repairs Project-Phase 2	
175,000	
0	
0	

Field Operations	
12,000	
1,000	
4,000	

Traffic Enforcement	
10,000	
0	
1,404	

Water Features Maintenance (Southern Entrance/Exit)	
35,000	
1,200	
3,900	

Sidewalk Maintenance/Repairs	
18,000	
0	
0	

Engineering/Inspections	
50,000	
901	
3,690	

Street Signage	
5,000	
0	
0	

Lake Fountain Maintenance	
10,000	
0	
0	

Entry Features Maintenance	
7,000	
0	
0	

Guardhouse Exterior Maintenance	
8,000	
0	
6,751	

Water & Sewage	
2,500	
0	
50	

FPL - Electrical Utility	
115,000	
9,939	
38,492	

Retention Wall Maintenance	
0	
0	
0	

Perimeter Wall (Off Old Cutler Road)	
15,000	
0	
0	

Lake Bank Erosion Restoration Project	
0	
0	
2,800	

Lake Bank Erosion Restoration Project (Loan Payment)	
0	
0	
0	

DERM Required Stormwater Quality Improvement Project	
0	
0	
0	

TOTAL MAINTENANCE EXPENDITURES	
$	680,500	
$	13,659	
$	67,163	

Cutler Cay Community Development District
Budget vs. Actual
October 2025 through January 2026

	Oct 25- Jan 26		25/26 Budget		$ Over Budget		% of Budget	
Ordinary Income/Expense								
Income									
	363.100	ꞏ Administrative Assessments	100,321.29		119,701.00		-19,379.71		83.81%	
	363.101	ꞏ Maintenance Assessments	603,685.52		720,106.00		-116,420.48		83.83%	
	363.810	ꞏ Debt Assessments	648,032.44		773,141.00		-125,108.56		83.82%	
	363.820	ꞏ Debt Assessment - Pd To Trustee	-616,354.46		-726,753.00		110,398.54		84.81%	
	363.830	ꞏ Cty Appraiser & Tax Coll Fee	-17,163.51		-30,859.00		13,695.49		55.62%	
	363.831	ꞏ Discounts For Early Payments	-48,928.78		-61,718.00		12,789.22		79.28%	
	369.401	ꞏ Interest Income	1,207.38		2,400.00		-1,192.62		50.31%	
Total Income	670,799.88		796,018.00		-125,218.12		84.27%	
Expense									
	512.829	ꞏ Perim. Wall (Off Old Cutler Rd)	0.00		15,000.00		-15,000.00		0.0%	
	512.827	ꞏ Traffic Enforcement	1,404.00		10,000.00		-8,596.00		14.04%	
	512.824	ꞏ Stormwater Pipe Project-Phase 2	0.00		175,000.00		-175,000.00		0.0%	
	512.823	ꞏ Lake Bank Erosion Rest Project	2,800.00		0.00		2,800.00		100.0%	
	511.758	ꞏ FPL - Electrical	38,491.56		115,000.00		-76,508.44		33.47%	
	511.756	ꞏ Water & Sewage	50.02		2,500.00		-2,449.98		2.0%	
	511.754	ꞏ Guardhouse Exterior Maintenance	6,751.16		8,000.00		-1,248.84		84.39%	
	511.753	ꞏ Entry Feature Maintenance	0.00		7,000.00		-7,000.00		0.0%	
	511.752	ꞏ Fountain Maintenance	0.00		10,000.00		-10,000.00		0.0%	
	511.751	ꞏ Street Signage	0.00		5,000.00		-5,000.00		0.0%	
	511.307	ꞏ Sidewalk Maint/ Repairs	0.00		18,000.00		-18,000.00		0.0%	
	511.122	ꞏ Payroll tax expenses	153.00		560.00		-407.00		27.32%	
	511.131	ꞏ Supervisor Fee	2,000.00		7,000.00		-5,000.00		28.57%	
	511.301	ꞏ Lakes Maintenance	2,476.00		10,000.00		-7,524.00		24.76%	
	511.302	ꞏ Roads Maintenance/Reserve	3,600.00		90,000.00		-86,400.00		4.0%	
	511.303	ꞏ Stormwater Drainage/Reserve	0.00		58,000.00		-58,000.00		0.0%	
	511.304	ꞏ Field Operations	4,000.00		12,000.00		-8,000.00		33.33%	
	511.305	ꞏ Contingency/Reserve	0.00		60,000.00		-60,000.00		0.0%	
	511.306	ꞏ Water Feat. Maint. S Enter/Exit	3,900.00		35,000.00		-31,100.00		11.14%	
	511.310	ꞏ Engineering/Inspections	3,690.00		50,000.00		-46,310.00		7.38%	
	511.311	ꞏ Management Fees	11,436.00		34,308.00		-22,872.00		33.33%	
	511.312	ꞏ Secretarial Fees	1,400.00		4,200.00		-2,800.00		33.33%	
	511.315	ꞏ Legal Fees	3,172.50		25,000.00		-21,827.50		12.69%	
	511.318	ꞏ Assessment/Tax Roll	0.00		7,500.00		-7,500.00		0.0%	
	511.320	ꞏ Audit Fees	0.00		3,600.00		-3,600.00		0.0%	
	511.450	ꞏ Insurance	14,186.00		15,000.00		-814.00		94.57%	
	511.480	ꞏ Legal Advertisements	570.60		5,000.00		-4,429.40		11.41%	
	511.512	ꞏ Miscellaneous	1,091.72		4,250.00		-3,158.28		25.69%	
	511.513	ꞏ Postage and Delivery	181.08		1,000.00		-818.92		18.11%	
	511.514	ꞏ Office Supplies	443.10		1,375.00		-931.90		32.23%	
	511.540	ꞏ Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
	511.733	ꞏ Trustee Fees	0.00		4,200.00		-4,200.00		0.0%	
	511.734	ꞏ Continuing Disclosure Fee	0.00		350.00		-350.00		0.0%	
	511.750	ꞏ Website Management	666.64		2,000.00		-1,333.36		33.33%	
Total Expense	102,638.38		796,018.00		-693,379.62		12.89%	
Net Ordinary Income	568,161.50		0.00		568,161.50		100.0%	
Net Income			568,161.50		0.00		568,161.50		100.0%	

CUTLER CAY CDD TAX COLLECTIONS 2025-2026

#	

ID#	

PAYMENT FROM	

DATE	

FOR	

Tax Collect Receipts	

Interest Received	

Commissions Paid	

Discount	

Net From Tax Collector	Admin Assessment Income (Before Discounts & Fees)	Maint Assessment Income (Before Discounts & Fees)	Debt - Bond Assessment Income (Before Discounts & Fees)	Admin Assessment Income (After Discounts & Fees)	Maint Assessment Income (After Discounts & Fees)	Debt - Bond Assessment Income (After Discounts & Fees)	

Debt - Bond Assessment Paid to Trustee	
									$	1,612,959	$	119,705	$	720,110	$	773,144	$  119,705	$  720,110	$	773,144		
									$	1,522,771	$	115,518	$	680,500	$	726,753	$  115,518	$  680,500	$	726,753	$	726,753	
1	1	Miami-Dade Tax Collector	12/05/25	NAV Taxes	$	929,396.23		$  (8,922.28)	$ (37,168.92)	$  883,305.03	$  68,961.20	$  414,975.42	$ 445,459.61	$ 65,541.23	$ 394,395.70	$  423,368.10	$  423,368.10	
2	2	Miami-Dade Tax Collector	11/12/25	NAV Taxes	$	9,467.13		$	(378.69)	$	(90.89)	$	8,997.55	$	702.46	$	4,227.07	$	4,537.60	$	667.62	$  4,017.40	$	4,312.53	$	4,312.53	
3	3	Miami-Dade Tax Collector	11/28/25	NAV Taxes	$	128,757.66		$  (5,122.70)	$ (1,236.35)	$  122,398.61	$  9,553.81	$	57,490.30	$  61,713.55	$  9,081.97	$ 54,650.98	$	58,665.66	$	58,665.66	
4	4	Miami-Dade Tax Collector	12/24/25	NAV Taxes	$	81,760.05		$	(788.37)	$ (2,919.58)	$	78,052.10	$  6,066.60	$	36,505.86	$  39,187.59	$  5,791.47	$ 34,850.26	$	37,410.37	$	37,410.37	
5	5	Miami-Dade Tax Collector	11/17/25	NAV Taxes	$	89,743.01		$	(861.54)	$ (3,589.75)	$	85,291.72	$  6,658.94	$	40,070.25	$  43,013.82	$  6,328.66	$ 38,082.75	$	40,880.31	$	40,880.31	
6	6	Miami-Dade Tax Collector	11/25/25	NAV Taxes	$	30,878.20		$	(293.92)	$ (1,485.29)	$	29,098.99	$  2,291.16	$	13,787.12	$  14,799.92	$  2,159.15	$ 12,992.70	$	13,947.14	$	13,947.14	
7	7	Miami-Dade Tax Collector	01/09/26	NAV Taxes	$	82,036.97		$	(796.01)	$ (2,438.00)	$	78,802.96	$  6,087.12	$	36,629.50	$  39,320.35	$  5,847.06	$ 35,185.55	$	37,770.35	$	37,770.35	
8									$	-							$	-	
9									$	-							$	-	
10									$	-							$	-	
11									$	-							$	-	
12									$	-							$	-	
13									$	-							$	-	
14									$	-							$	-	
15									$	-							$	-	
16									$	-							$	-	
17									$	-							$	-	
18									$	-							$	-	
					$	1,352,039.25	$	-	$  (17,163.51)	$ (48,928.78)	$ 1,285,946.96	$ 100,321.29	$  603,685.52	$ 648,032.44	$ 95,417.16	$ 574,175.34	$  616,354.46	$  616,354.46	

Note: Top line are 2025/2026 budgeted assessments before discounts and fees.
	Collections		Bottom line are 2025/2026 budgeted assessments after discounts and fees.

Admin:	$119,705.20	83.82%
Maint:	$720,109.80
Debt-Bond:	$773,143.64

Total  $1,612,958.64

$ 1,352,039.25

$ 1,285,946.96

$ (603,685.52)
$ (100,321.29)

$  (574,175.34)
$	(95,417.16)

$ (648,032.44)	$  (616,354.46)
$	-	$	-