CUTLER CAY COMMUNITY DEVELOPMENT
DISTRICT

MIAMI-DADE COUNTY REGULAR BOARD MEETING AUGUST 10, 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
August 10, 2026
6:00 p.m.

Proof of Publication	Page 1
Establish Quorum
Additions or Deletions to Agenda
Comments from the Public
Approval of Minutes
July 13, 2026 Regular Board Meeting & PH Minutes	Page 3
New Business
Accept and Receive the District Engineer 2026 Annual Engineers Report	Page 8
Ratification & Approvals
Felix Clean Stop Sign Proposal…	Page 23
Old Business
Engineer Report/Updates
Phase II Storm Drainage Project
Landshore Enterprises - Shoreline Restoration (Three Areas)
Landshore Enterprises - Shoreflex Repair at 19049 SW 80th Ct
Headley Sidewalk Slab Replacement and Installation of Root Barrier
Raptor “Tract C” Pipe Cleaning & CCTV
Management Report/Updates
Traffic Enforcement Services
Administrative Matters
Financial Update	Page 24
Reminder of Annual Four [4] Hours of Ethics Training
Board Member and/or Staff Comments/Requests
Attorney
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 PUBLIC HEARING & REGULAR BOARD MEETING JULY 13, 2026

CALL TO ORDER

Mrs. Perez called to order July 13, 2026, Regular Board Meeting of the Cutler Cay Community Development District (the “District”) at 6:00 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 Supervisors Leo Corradini (via phone) and Albert Collazo were present.
Staff in attendance included: District Manager Gloria Perez of Special District Services, Inc. and; District Counsel Liza Smoker of Billing Cochran, P.A.
Also present were members of the public and Association Board Members Allison Beyerlein, Barbara Gomez and Kathy Crump.

ADDITIONS AND/OR DELETIONS TO THE AGENDA

Mrs. Perez indicated that if the Board would like to discuss the consideration of using the Association’s Owl, as recommended by Barbara Gomez via an email communication, a member of the Association Board and Public, that the Board could do so under agenda item G.1, while discussing the consideration of the Fiscal Year 2026/2027 Meeting Schedule.

COMMENTS FROM THE PUBLIC

There were no comments from the public at this time.

APPROVAL OF MINUTES
May 11, 2026, Regular Board Meeting

Mrs. Perez presented the minutes of the May 11, 2026, Regular Board Meeting.

A MOTION was made by Supervisor Penn Williams, seconded by Supervisor Collazo and passed unanimously approving the minutes of the May 11, 2026, Regular Board Meeting, as presented.

NEW BUSINESS
Consider Resolution No. 2026-02 – Adopting a Fiscal Year 2026/2027 Meeting Schedule

Mrs. Perez presented Resolution No. 2026-02, entitled:

RESOLUTION NO. 2026-02
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CUTLER CAY COMMUNITY DEVELOPMENT DISTRICT, ESTABLISHING A REGULAR MEETING SCHEDULE FOR FISCAL YEAR 2026/2027 AND SETTING THE TIME AND LOCATION OF SAID DISTRICT MEETINGS; AND PROVIDING AN EFFECTIVE DATE.

Mrs. Perez read the title of the resolution into the record and noted that meetings would remain at the same location of the Cutler Cay Community Clubhouse located at 7755 SW 192nd Street, Cutler Bay, Florida 33157, at 6:00 p.m. on the following dates:

November 9, 2026 Amended Budget
January 11, 2027
February 8, 2027 Budget Workshop
March 8, 2027 Proposed Budget
April 12, 2027
May 10, 2027 Final Budget
June 14, 2027
July 12, 2027
August 9, 2027
September 13, 2027
The Board considered using the Owl for meetings and it was determined that due to the acoustics in the meeting room, it would make this option difficult to comply with ADA requirements. This item was TABLED.

A request was made by the Board to have the meeting tables set up as done during this meeting at the far end of the meeting space and to have the readily available wall panels set up for future District meetings. Members of the Association agreed to look into the purchasing of a rug to assist with reducing the echo.

A MOTION was made by Supervisor Penn Williams, seconded by Supervisor Collazo and unanimously passed adopting Resolution No. 2026-02, approving the Regular Meeting Schedule for Fiscal Year 2026/2027 by holding meetings in the Cutler Cay Community Clubhouse located at 7755 SW 192nd Street, Cutler Bay, Florida 33157, at the time and on the dates as specified, unless otherwise authorized and further authorizing the advertisement of same, as required by law.

RATIFICATIONS AND APPROVALS (Action to be taken collectively.)
Felix Clean Southern Entry Features Resurfacing of Waterfall Ponds

The original quote for the Southern Entry Features Resurfacing of Waterfall Ponds was $10,000 and pursuant to the Chairman’s recommended negotiations, Mr. Delgado agreed to give the District a cost reduction and the price of $7,200 for the necessary resurfacing of the waterfall ponds, taking advantage that the ponds were empty.

Felix Clean provided a 1-year warranty. He explained that due to several factors such as location, traffic, weather, and other natural occurrences, it would be difficult to offer a longer warranty. This work was completed the first week of July and the waterfalls are currently fully operational.

A MOTION was made by Supervisor Collazo, seconded by Supervisor Corradini and passed unanimously ratifying and approving agenda item H.1, as presented.

OLD BUSINESS
Engineer Updates

Mrs. Perez advised that Mr. Alvarez would conduct the transfer of the documents during this week and therefore the Engineering agenda items have been deferred to the next scheduled meeting, granting the new District Engineer time to review the materials and to be prepared to update the Board and provide recommendations. At this time, the Collier’s team is working on the District’s Annual Report to be presented at an upcoming meeting for Board consideration.
Mrs. Perez added that the initial site meeting with the Collier’s team member Mr. Dronix Suarez, Assistant Project Manager and Site Civil Engineer, was conducted and he was briefed on the District infrastructure and processes.

Management Report/Updates
Traffic Enforcement Services

May 2026 - Traffic Enforcement Services: 14 Traffic Stops were conducted and 12 Citations were issued. June 2026 – No Traffic Enforcement Services were rendered.

Felix Clean Southern Water Feature and Wall Repairs and Paint
This work has been completed.

Felix Clean Main Entrance Pressure Cleaning and Precast Stone Repairs

This work was completed during the last week of May.
PUBLIC HEARING
Mrs. Perez then recessed the Regular Board Meeting and opened the Public Hearing.
Proof of Publication
Proof of Publication was provided which noted that the Notice of Public Hearing had been published in the Miami Herald on June 23, 2026, and June 30, 2026, as legally required.

Receive Public Comment on Fiscal Year 2026/2027 Final Budget

Mrs. Perez opened the public comment portion of the Public Hearing to receive comments on the fiscal year 2026/2027 final budget and non-ad valorem special assessments.

There being no comments from the public, the public comment portion of the hearing was closed.

Consider Resolution No. 2026-03 – Adopting a Fiscal Year 2026/2027 Final Budget

Mrs. Perez presented Resolution No. 2026-03, entitled:

RESOLUTION NO. 2026-03
A RESOLUTION OF THE CUTLER CAY COMMUNITY DEVELOPMENT DISTRICT ADOPTING A FISCAL YEAR 2026/2027 BUDGET.

A MOTION was made by Supervisor Penn Williams, seconded by Supervisor Collazo and unanimously passed adopting Resolution No. 2026-03, approving the Fiscal Year 2026/2027 Final Budget, as presented and setting the fiscal year 2026/2027 Final Budget and non-ad valorem special assessment tax roll (Assessment Levy).

There being no further Final Budget and assessments business to conduct, Mrs. Perez adjourned the Public Hearing and simultaneously reconvened the Regular Board Meeting.

ADMINISTRATIVE MATTERS
Financial Update

Mrs. Perez presented the financial statement noting that available funds as of June 30, 2026 were
$1,613,155.78.

A MOTION was made by Supervisor Penn Williams, seconded by Supervisor Fonte and passed unanimously ratifying and approving the financials, as presented.

Qualified Elector (Registered Voter) Certification

Mrs. Perez advised that she had received from the Miami-Dade County Supervisor of Elections the certified elector count identifying 1,144 registered voters who reside in the District as of April 29, 2026, and presented the same.
Miami -Dade County Supervisor of Elections’ 2026 Qualified Candidate Website

Pursuant to the Miami-Dade County Supervisor of Elections’ 2026 Election Qualified Candidate website, the following are the results:

Office: Cutler Cay CDD Seat 1
Leo D. Corradini (NOP) – status (Active-Unopposed)
Owen Taylor (NOP) – status (Active-Did not qualify)

Office: Cutler Cay CDD Seat 2
Omar Fonte (NOP) – status (Active-Unopposed)

Office: Cutler Cay CDD Seat 5
Joseph C. Miller Jr. (NOP) – status (Active-Unopposed)

Mrs. Perez added that Seat 5 was currently held by Aileen Milian who did not run/qualify for the Seat.
BOARD MEMBER/STAFF COMMENTS/REQUESTS
Attorney
a. Legislative Update
Ms. Smoker provided an overview of the Legislative Update.
ADJOURNMENT

There being no further business to come before the Board, a MOTION was made by Supervisor Fonte, seconded by Supervisor Collazo and passed unanimously adjourning the meeting at 6:45 p.m.

ATTESTED BY:

Secretary/Assistant Secretary	Chairman/Vice Chair

Yearly Engineering Report 2026

July 28, 2026

Cutler Cay Community Development District Cutler Bay, Miami-Dade County, FL 33157

Prepared for:

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

Prepared by:

Eugene Collings-Bonfill, PE, PSM, PMP, CFM, DBIA
Florida Professional Engineer License No. 77583

Colliers Engineering & Design
7400 Corporate Center Drive Suite C
Miami, Florida 33126
US Main: 877 627 3772
Colliersengineering.com

Project No. 26001393A

Table of Contents
Infrastructure Ownership and Maintenance Responsibilities	1
General	1
Maintenance Responsibilities of CDD-Owned Facilities	2
State, Working Order and Condition of the Infrastructure Currently Owned by the District	4
Roads and Road Components, Walls, Fences, Structures, Lighting, Landscaping and Irrigation	4
Stormwater Management System, Lakes, Ponds, Drainage and Open Areas	4
Water and Sewer Systems	4
Estimated Maintenance Costs for District-Owned Infrastructure	4
General	4
District Roads	5
Stormwater Management System	7
Water and Sewer Systems	7
Insurance	8

Yearly Engineering Report 2026 | July 28, 2026

Dear Ms. Perez:
The intent of this report is:
To inform as to the status of ownership of the infrastructure that was financed or constructed by the District;
To describe the state, working order and condition of the infrastructure still owned by the District;
To give recommendations as to the funds estimated necessary for the proper maintenance, repair and operation of the District’s infrastructure and;
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 Appendix 1.
Infrastructure Ownership and Maintenance Responsibilities
General
The CDD owns the land and improvements within the tracts shown in Appendix 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

MAINTENANCE RESPONSIBILITIES OF CDD-OWNED FACILITIES	
(REFER TO APPENDIX 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, Landscaping, Irrigation.	

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

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 Road, 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 Road, 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, Irrigation.	---	Landscaping, 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
The drainage and stormwater management facilities listed above in Section 1.b. are in generally good working order and condition.
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 2026-2027, 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 for 2026-2027.

2026-2027 PROPOSED BUDGET FOR MAINTENANCE	
Lakes Maintenance	$ 10,000.00	
Field Operations	$ 12,000.00	
Traffic Enforcement	$ 10,000.00	
Sidewalk Maintenance/Repairs	$ 20,000.00	
Engineering/Inspections	$ 50,000.00	
Street Signage	$ 5,000.00	
Lake Fountain Maintenance	$ 10,000.00	
Water & Sewage	$ 2,500.00	
FPL - Electrical Utility	$ 120,000.00	
Lake Bank Erosion Restoration Project	$ 0.00	

Shoreline Restoration & Improvements Project	$ 0.00	
Stormwater Drainage Repairs Project (Phase II)	$ 25,000.00	
Perimeter Wall (Off Old Cutler Road) Maintenance/Reserve	$ 10,000.00	
Water Features Maintenance/Reserve	$ 40,000.00	
Retention Wall Maintenance/Reserve	$ 10,000.00	
Entry Features Maintenance/Reserve	$ 12,000.00	
Guardhouse Exterior Maintenance/Reserve	$ 10,000.00	
Contingency/Reserve	$146,000.00	
Roads Maintenance/Reserve	$ 115,000.00	
Storm Drain Grate Apron Maintenance/Reserve	$ 0.00	
Stormwater Drainage Maintenance/Reserve	$70,000.00	
TOTAL MAINTENANCE EXPENDITURES	$ 677,500.00	

District Roads
The FY 2026-2027 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 8 years for the pavement and 8 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 $257,900.00 in reserves for such purpose, as reported by the District Manager to the District Engineer.

ESTIMATE OF COSTS FOR RESURFACING ROADS IN "n" YEARS	

Pavement Service Life (30 Years Estimated)	

Present Year	

Remainin g Service Life (Yrs)	
Present Year Cost (PC) of Pavement Replacement (Mill and Resurface 3/4" Thick)	Future Replacement Cost at 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)	(FC) =
( C) 1   
100	
(i)	
(FC)( )/((1  )  1)	
PAVEMENT	

2004	
2034	
2026	
8	
10,800	
$10.00	
$ 108,000.00	
$108,216.19	
0.25%	
$264.53	
SIGNS AND MARKINGS	
2022	2034	2026	8	10,800	$2.50	$ 27,000.00	$ 27,054.05	0.25%	$ 66.13	

Stormwater Management System
The budget includes funding for the Stormwater Drainage Repairs Project (Phase II). This is contingent on the upon renewal of the DERM Class V permit by Raptor Vac. This renewal is done yearly.

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
(2026)	
Year 2
(2027)	
Year 3
(2028)	
Year 4
(2029)	
Year 5
(2030)				
325	18,680	65					$1,000.00	$400.00	$1400.00	
			65				$1,025.00	$410.00	$1435.00	
				65			$1,050.63	$420.25	$1470.88	
					65		$1,076.90	$430.76	$1,507.65	
						65	$1,103.82	$441.53	$1,545.34	

(1) Includes the cost of vacuuming the sump of the drainage structure and the cost of removing and reinstalling the baffle if there are baffles, and 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.
Water and Sewer Systems
The water and sewer systems are maintained, operated and funded by Miami-Dade Water and Sewer Department (WASD), which may be contacted at 305-274-9272 (for emergencies) or at 305-665-7477 (for customer service).

Insurance
Colliers Engineering and Design 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. 100125030, for the period between October 1, 2025, and October 1, 2026. The District has budgeted enough funds to cover the $14,186.00 insurance premium.
This report was prepared to the best of my knowledge and belief and is based on field observations conducted by Colliers Engineering and Design 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)-938-8074 or at eugene.collingsbonfill@collierseng.com

EXHIBIT 1 – Cutler Cay CDD Location Map

Yearly Engineering Report 2026 | July 28, 2026

CUTLER CAY CDD LOCATION

Page 19

EXHIBIT 2 – Cutler Cay CDD Land Ownership and Easements

Yearly Engineering Report 2026 | July 28, 2026
Page 20

Page 21

Colliers Engineering & Design is a trusted provider of multi-discipline engineering, design and consulting services providing customized solutions for public and private clients through a network of offices nationwide.

For a full listing of our office locations, please visit colliersengineering.com

1 877 627 3772

Buildings • Civil/Site • Geotechnical/Environmental • Governmental
Infrastructure • Project/Program Management • Survey/Geospatial • Telecom & Utility

Page 22

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

Proposal/Contract

Customer & Address:	Cutler Cay Community Development District 2501 A Burns Rd.
Palm Beach Gardens FL

We hereby submit specifications and estimates for:

Reinstall Stop Sign providing a New Post
(Per FDOT and Miami-Dade County requirements)
Not to Exceed	$ 350.00

Parts and labor	-	Not to Exceed	$ 350.00	
7% Tax	---------------------------------------	N/A	
Grand total	-	Not to Exceed	$ 350.00	

ACCEPTANCE OF PROPOSAL
Name (and Title):	__________________________________________________

Signature:	__________________________________________________ Date:	 __________________________________________________

FELIX CLEAN SERVICES, LLC.:	__________________________________________________

This action was approved and is to be ratified at a future meeting.
Approved pursuant to the terms of the existing agreement.
Ronald Galvis
Field Operations Manager

Cutler Cay Community Development District

Financial Report For July 2026

CUTLER CAY COMMUNITY DEVELOPMENT DISTRICT MONTHLY FINANCIAL REPORT
JULY 2026

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

Actual Jul-26	Year To Date Actual
10/1/25 - 7/31/26	
Administrative Assessments	119,701	0	122,587	
Maintenance Assessments	720,106	0	721,529	
Debt Assessments - 2021 Refunding	773,141	0	774,532	
Other Revenue	0	0	0	
Interest Income	2,400	0	39,446	
Total Revenues	$	1,615,348	$	-	$	1,658,094	
				
ADMINISTRATIVE EXPENDITURES				
Supervisor Fees	7,000	800	6,600	
Payroll Taxes (Employer)	560	61	505	
Management	34,308	2,859	28,590	
Secretarial	4,200	350	3,500	
Legal	25,000	0	18,102	
Assessment Roll	7,500	0	0	
Audit Fees	3,600	3,600	3,600	
Arbitrage Rebate Fee	0	0	0	
Insurance	15,000	0	14,186	
Legal Advertisements	5,000	1,670	6,770	
Miscellaneous	4,250	116	2,702	
Postage	1,000	1	503	
Office Supplies	1,375	24	1,103	
Dues & Subscriptions	175	0	175	
Trustee Fee	4,200	0	4,246	
Continuing Disclosure Fee	350	0	0	
Website Management	2,000	167	1,667	
TOTAL ADMINISTRATIVE EXPENDITURES	$	115,518	$	9,648	$	92,249	
				
TOTAL MAINTENANCE EXPENDITURES (Details On Page 2)	$	680,500	$	13,144	$	250,953	
				
Total Expenditures	$	796,018	$	22,792	$	343,202	
				
Revenues Less Expenditures	$	819,330	$	(22,792)	$	1,314,892	
				
2021 Bond Refinancing Payments	(726,753)	0	(741,099)	
				
Balance	$	92,577	$	(22,792)	$	573,793	
				
County Appraiser & Tax Collector Fee	(30,859)	0	(15,625)	
Discounts For Early Payments	(61,718)	0	(54,070)	
				
Excess/ (Shortfall)	$	-	$	(22,792)	$	504,098	
				
Carryover From Prior Year	0	0	0	
				
Net Excess/ (Shortfall)	$	-	$	(22,792)	$	504,098	

Bank Balance As Of 7/31/26	$	2,376,274.42	
Accounts Payable As Of 7/31/26	$	22,255.10	
Accounts Receivable As Of 7/31/26	$	1,200.00	
Reserve For Project/Lake Bank Erosion As Of 7/31/26	$	140,425.00	
Reserve For Roads Maintenance As Of 7/31/26	$	257,900.00	
Reserve For Stormwater Drainage As Of 7/31/26	$	122,800.00	
Reserve For Pipe Repairs Project As Of 7/31/26	$	208,000.00	
Reserve For Entry Features As Of 7/31/26	$	-	
Reserve For Guardhouse Exterior Maintenance As Of 7/31/26	$	-	
Available Funds As Of 7/31/26	$	1,626,094.32	

- To Be Updated Upon Receipt Of Invoice From Landshore Enterprises.

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

MAINTENANCE EXPENDITURES	

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

Actual Jul-26	
Year To Date Actual
10/1/25 - 7/31/26	

Lakes Maintenance	
10,000	
619	
6,490	

Field Operations	
12,000	
1,000	
10,000	

Traffic Enforcement	
10,000	
0	
4,646	

Water Features Maintenance (Southern Entrance/Exit)	
35,000	
0	
36,200	

Sidewalk Maintenance/Repairs	
18,000	
0	
19,690	

Engineering/Inspections	
50,000	
0	
12,957	

Street Signage	
5,000	
0	
0	

Lake Fountain Maintenance	
10,000	
0	
0	

Water & Sewage	
2,500	
0	
159	

FPL - Electrical Utility	
115,000	
9,375	
96,725	

Retention Wall Maintenance	
0	
0	
32,790	

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

Lake Bank Erosion Restoration Project	
0	
0	
2,800	

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

Entry Features Maintenance/Reserve	
7,000	
0	
0	

Guardhouse Exterior Maintenance/Reserve	
8,000	
0	
10,451	

Contingency/Reserve	
60,000	
0	
0	

Roads Maintenance/Reserve	
90,000	
0	
5,535	

Stormwater Drainage/Reserve	
58,000	
2,150	
12,160	

Miscellaneous Maintenance	
0	
0	
350	

TOTAL MAINTENANCE EXPENDITURES	
$	680,500	
$	13,144	
$	250,953	

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

Oct 25- July 26	25/26 Budget	$ Over Budget	% of Budget
 	 
Ordinary Income/Expense Income
363.100	ꞏ Administrative Assessments	122,587.16		119,701.00		2,886.16		102.41%	
363.101	ꞏ Maintenance Assessments	721,528.77		720,106.00		1,422.77		100.2%	
363.810	ꞏ Debt Assessments	774,532.43		773,141.00		1,391.43		100.18%	
363.820	ꞏ Debt Assessment - Pd To Trustee	-741,098.73		-726,753.00		-14,345.73		101.97%	
363.830	ꞏ Cty Appraiser & Tax Coll Fee	-15,625.26		-30,859.00		15,233.74		50.63%	
363.831	ꞏ Discounts For Early Payments	-54,070.04		-61,718.00		7,647.96		87.61%	
369.401	ꞏ Interest Income	39,445.91		2,400.00		37,045.91		1,643.58%	
Total Income		847,300.24		796,018.00		51,282.24		106.44%	
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	4,645.50		10,000.00		-5,354.50		46.46%	
511.758	ꞏ FPL - Electrical	96,724.83		115,000.00		-18,275.17		84.11%	
511.756	ꞏ Water & Sewage	159.30		2,500.00		-2,340.70		6.37%	
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	19,690.00		18,000.00		1,690.00		109.39%	
511.122	ꞏ Payroll tax expenses	504.90		560.00		-55.10		90.16%	
511.131	ꞏ Supervisor Fee	6,600.00		7,000.00		-400.00		94.29%	
511.301	ꞏ Lakes Maintenance	6,490.00		10,000.00		-3,510.00		64.9%	
511.304	ꞏ Field Operations	10,000.00		12,000.00		-2,000.00		83.33%	
511.825	ꞏ Retention Wall Repairs	32,789.50		0.00		32,789.50		100.0%	
511.306	ꞏ Water Feat. Maint. S Enter/Exit	36,200.00		35,000.00		1,200.00		103.43%	
511.309	ꞏ Miscellaneous Maintenance	350.00		0.00		350.00		100.0%	
511.310	ꞏ Engineering/Inspections	12,957.33		50,000.00		-37,042.67		25.92%	
512.823	ꞏ Lake Bank Erosion Rest Project	2,800.00		0.00		2,800.00		100.0%	
512.824	ꞏ Stormwater Pipe Project-Phase 2	0.00		175,000.00		-175,000.00		0.0%	
511.754 ꞏ	Guardhouse Ext Maintenance/Reserve	10,451.16		8,000.00		2,451.16		130.64%	
511.753	ꞏ Entry Feature Maintenance/Reserve	0.00		7,000.00		-7,000.00		0.0%	
511.305	ꞏ Contingency/Reserve	0.00		60,000.00		-60,000.00		0.0%	
511.302	ꞏ Roads Maintenance/Reserve	5,535.00		90,000.00		-84,465.00		6.15%	
511.303	ꞏ Stormwater Drainage/Reserve	12,160.00		58,000.00		-45,840.00		20.97%	
511.311	ꞏ Management Fees	28,590.00		34,308.00		-5,718.00		83.33%	
511.312	ꞏ Secretarial Fees	3,500.00		4,200.00		-700.00		83.33%	
511.315	ꞏ Legal Fees	18,102.50		25,000.00		-6,897.50		72.41%	
511.318	ꞏ Assessment/Tax Roll	0.00		7,500.00		-7,500.00		0.0%	
511.320	ꞏ Audit Fees	3,600.00		3,600.00		0.00		100.0%	
511.450	ꞏ Insurance	14,186.00		15,000.00		-814.00		94.57%	
511.480	ꞏ Legal Advertisements	6,769.54		5,000.00		1,769.54		135.39%	
511.512	ꞏ Miscellaneous	2,702.84		4,250.00		-1,547.16		63.6%	
511.513	ꞏ Postage and Delivery	503.03		1,000.00		-496.97		50.3%	
511.514	ꞏ Office Supplies	1,103.30		1,375.00		-271.70		80.24%	
511.540	ꞏ Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
511.733	ꞏ Trustee Fees	4,246.25		4,200.00		46.25		101.1%	
511.734	ꞏ Continuing Disclosure Fee	0.00		350.00		-350.00		0.0%	
511.750	ꞏ Website Management	1,666.60		2,000.00		-333.40		83.33%	
Total Expense	343,202.58		796,018.00		-452,815.42		43.12%	
Net Ordinary Income	504,097.66		0.00		504,097.66		100.0%	
Net Income	504,097.66		0.00		504,097.66		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		$	(90.89)	$	(378.69)	$	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		$  (1,236.35)	$ (5,122.70)	$  122,398.61	$  9,553.81	$	57,490.30	$  61,713.55	$  9,082.03	$ 54,650.98	$	58,665.60	$	58,665.60	
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	8	Miami-Dade Tax Collector	02/28/26	NAV Taxes	$	28,864.45		$	(282.88)	$	(577.29)	$	28,004.28	$  2,141.74	$	12,887.98	$  13,834.73	$  2,133.47	$ 12,477.12	$	13,393.69	$	13,393.69	
9	Int. - 1	Miami-Dade Tax Collector	01/26/26	Interest		$ 1,373.43			$	1,373.43	$  1,373.43			$  1,373.43			$	-	
10	9	Miami-Dade Tax Collector	03/11/26	NAV Taxes	$	30,627.36		$	(303.38)	$	(288.10)	$	30,035.88	$  2,272.55	$	13,675.12	$  14,679.69	$  2,228.67	$ 13,411.02	$	14,396.19	$	14,396.19	
11	10	Miami-Dade Tax Collector	04/17/26	NAV Taxes	$	92,692.86		$	(925.91)	$	(101.72)	$	91,665.23	$  6,877.81	$	41,387.36	$  44,427.69	$  6,801.56	$ 40,928.52	$	43,935.15	$	43,935.15	
12	Int. - 2	Miami-Dade Tax Collector	04/24/26	Interest		$  334.22			$	334.22	$	334.22			$	334.22			$	-	
13	11	Miami-Dade Tax Collector	05/15/26	NAV Taxes/Interest	$	33,822.12	$  631.19	$	(344.54)		$	34,108.77	$  3,140.79	$	15,101.58	$  16,210.94	$  3,115.23	$ 14,947.74	$	16,045.80	$	16,045.80	
14	Int - 3	Miami-Dade Tax Collector	10/17/25	Interest		$  343.67			$	343.67	$	343.67			$	343.67			$	-	
15	12	Miami-Dade Tax Collector	10/07/25	NAV Taxes/Interest	$	3,181.85	$  286.37	$	(34.68)		$	3,433.54	$	257.35	$	1,548.57	$	1,662.30	$	254.74	$  1,533.10	$	1,645.70	$	1,645.70	
16	13	Miami-Dade Tax Collector	06/17/26	NAV Taxes/Interest	$	16,091.39	$  410.94	$	(165.01)		$	16,337.32	$  1,224.48	$	7,368.29	$	7,909.56	$  1,212.24	$  7,294.61	$	7,830.47	$	7,830.47	
17	14	Miami-Dade Tax Collector	06/26/26	NAV Taxes/Interest (TC)	$	55,453.84	$ 2,495.42	$	(579.50)		$	57,369.76	$  4,299.83	$	25,874.35	$  27,775.08	$  4,256.83	$ 25,615.60	$	27,497.33	$	27,497.33	
18									$	-							$	-	
19									$	-							$	-	
20									$	-							$	-	
					$	1,612,773.12	$ 5,875.24	$  (15,625.26)	$ (54,070.04)	$ 1,548,953.06	$ 122,587.16	$  721,528.77	$ 774,532.43	$ 117,471.28	$ 690,383.05	$  741,098.73	$  741,098.73	

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	99.99%
Maint:	$720,109.80
Debt-Bond:	$773,143.64

Total  $1,612,958.64

$ 1,618,648.36

$ 1,548,953.06

$ (721,528.77)
$ (122,587.16)

$  (690,383.05)
$  (117,471.28)

$ (774,532.43)	$  (741,098.73)
$	-	$	-