TERRACINA COMMUNITY DEVELOPMENT
DISTRICT

PALM BEACH COUNTY REGULAR BOARD MEETING APRIL 8, 2026
9:00 A.M.

Special District Services, Inc.
The Oaks Center 2501A Burns Road
Palm Beach Gardens, FL 33410
www.terracinacdd.org 561.630.4922 Telephone 877.SDS.4922 Toll Free 561.630.4923 Facsimile

AGENDA
TERRACINA COMMUNITY DEVELOPMENT DISTRICT
Meeting Room of the Nexus at Vista Park 2101 Vista Parkway
West Palm Beach, Florida 33411
REGULAR BOARD MEETING
April 8, 2026
9:00 a.m.

Call to Order
Proof of Publication…	Page 1
Establish Quorum
Additions or Deletions to Agenda
Comments from the Public for Items Not on the Agenda
Approval of Minutes
March 4, 2026 Regular Board Meeting Minutes…	Page 2
Old Business
Consider Approval of Lake Bank Evaluation Proposals…	Page 4
Consider Authorization of RFP
New Business
Administrative Matters
Financial Report…	Page 10
Board Member Comments
Adjourn

AFFIDAVIT OF PUBLICATION

LOCALiQ
The Gainesville Sun I The Ledger
Daily Commercial I Ocala StarBanner News Chief I Herald-Tribune
News Herald I The  Palm Beach Post
Northwest Florida Daily News

PO Box 631244 Cincinnati, OH 45263-1244

TERRACINA COMMUNITY DEVELOPMENT DISTRICT

Terracina Cdd Terracina Cdd 2501 BURNS RD STEA

PALM BEACH GARDENS FL 334105207

STATE OF WISCONSIN, COUNTY OF BROWN

Before the undersigned authority personally appeared, who on oath says that he or she is the Legal Coordinator of the Palm Beach Post, published in Palm Beach County, Florida; that the attached copy of advertisement, being a Public Notices, was published on the publicly accessible website of Palm Beach County, Florida, or in a newspaper by print in the issues of, on:

WPB Palm Beach Post	09/24/2025 WPB palmbeachpost.com 09/24/2025

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

--

Subscribed and sworn to before me, by the legal clerk, who is personally known to me, on 09/24/2025

�

Legal Clerk
Notary,   Stat�ortrmvnJ
	�-l-l---1	

Publication Cost:	$246.11	
Tax Amount:	$0.00	
Payment Cost:	$246.11	
Order No:	11671265	
Customer No:	730524	
PO#:		

My commission expires

# of Copies:
1

THIS lS NOT AN fNVOICE!
Please do 110/ use tl11sformfor payment remilla11ce.

FISCAL YEAR 2025/2026 REGULAR MEETING SCHEDULE
NOTICE IS HEREBY GIVEN that the
Board of Supervisors of the Terracina Community Development District will hold Regular Meetings at 9:00 a.m. in a Meeting Room of The Nexus at Vista Park located at 2101 Vista Parkway, West Palm Beach, Florida 33411, on the following dates:
October 8, 2025
November 12, 2025
December 10, 2025
January 14, 2026
February 11, 2026
March 4, 2026
April B, 2026
May 13, 2026
June 10, 2026
July 8, 2026
August 12, 2026
September 9, 2026
The purpose of the meetings is to conduct any business coming before the Board. The meetin9s are open to the public and will be conducted in accordance with the provisions of Florida law. Copies of the Agendas for any of the meet-ings may be obtained from the District's website or by contacting the District Manager at (561) 630-
4922 and/or toll free at 1-877-737-4922 prior to the date of the particular meeting.
From time to time one or more Supervisors may participate by telephone; therefore, at the loca-tion of these meetings there will be a speaker telephone present so that interested persons can attend the meetings at the above location and be fully informed of the discus-sions taking place either in person or by telephone communication. Meetings may be continued as found necessary to a time and place specified on the record.
If any person decides to appeal any
!�;its��nc��1de�Jha�e��:�� t:e�� ings, such person will need a record of the proceedings and such person
may need to ensure that a verbatim record of the proceedings is made at his or her own expense and which record includes the testi-mony and evidence on which the appeal is based.
In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accommodations or an interpreter to participate at any of these meet-ings should contact the District Manager at (561) 630-4922 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.
TERRACINA COMMUNITY DEVEL-
OPMENT DISTRICT
www.terraclnacdd.org 9/24/25 #11671265

KONGMENG YANG
Notary Public State of Wisconsin

Page 1 of 1

TERRACINA COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING
MARCH 4, 2026

CALL TO ORDER

The March 4, 2026, Regular Board Meeting of the Terracina Community Development District (the “District”) was called to order at 9:03 a.m. in a Meeting Room of the Nexus at Vista Park located at 2101 Vista Parkway, West Palm Beach, Florida 33411.

PROOF OF PUBLICATION

Proof of publication was presented indicating that notice of the Regular Board Meeting had been published in The Palm Beach Post on September 24, 2025, as part of the District’s Fiscal Year 2025/2026 Regular Meeting Schedule, as legally required.

ESTABLISH A QUORUM

Present and constituting a quorum were Chairman Guy Colella and Supervisors Sheik Ameer (via phone), Linda Colella and Jose Esquerete and all was in order to proceed with the meeting.

Staff present included District Manager Sylvia Bethel of Special District Services, Inc.; and District Counsel Frank Palen of Caldwell Pacetti Edwards Schoech & Viator LLP.
Also present were: Richard Dacres - Badger Underground Construction, LLC (via phone) Brock Chase and Lisa Tropepe - Engenuity Group (via phone)

ADDITIONS OR DELETIONS TO THE AGENDA

There were no additions or deletions to the agenda.
COMMENTS FROM THE PUBLIC FOR ITEMS NOT ON THE AGENDA
There were no comments from the public for items not on the agenda.
APPROVAL OF MINUTES
December 10, 2025, Regular Board Meeting
The minutes of the December 10, 2025, Regular Board Meeting were presented and the Board was asked if there were any comments or questions.

A motion was made by Mrs. Colella, seconded by Mr. Esquerete and unanimously passed approving the minutes of the December 10, 2025, Regular Board Meeting, as presented.

OLD BUSINESS
Discussion Regarding Lake Erosion
Consider Lake Erosion Proposals

Mr. Colella suggested that the Board act on this issue today. Ms. Bethel introduced Mr. Dacres from Badger Underground Construction and Mr. Chase and Ms. Tropepe from Engenuity Group who were present to answer any of the Board’s questions. The Board requested that Engenuity Group provide a lake bank evaluation proposal. Following discussion, a motion was made by Mr. Esquerete, seconded by Mrs. Colella and passed unanimously approving the American Shoreline Restoration, Inc. proposal in the amount of $124,200, contingent upon them accepting half payment now and half payment later.

NEW BUSINESS
Consider Resolution No. 2026-01 – Adopting a Fiscal Year 2026/2027 Proposed Budget

Resolution No. 2026-01 was presented, entitled:

RESOLUTION NO. 2026-01

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE TERRACINA COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2026/2027; AND PROVIDING AN EFFECTIVE DATE.

Ms. Bethel went over the budget with the Board. Mr. Colella stated that an increase was needed to accommodate the lake erosion repairs. Following discussion, a motion was made by Mr. Esquerete, seconded by Mrs. Colella adopting Resolution No. 2026-01- Adopting a Fiscal Year 2026/2027 Proposed Budget adding Lake Restoration as an additional line item in the amount of $103,500 and setting the public hearing for June 10, 2026.
ADMINISTRATIVE MATTERS
Financial Report

Ms. Bethel reminded the Board to complete their Form 1 – Statement of Financial Interests by July 1, 2026.

BOARD MEMBER COMMENTS
There were no further comments.
ADJOURNMENT
There being no further business to come before the Board, a motion was made by Mr. Esquerete, seconded by Mrs. Colella adjourning the Regular Board Meeting at 10:21 a.m. Upon being put to a vote, the motion carried unanimously.

Secretary/Assistant Secretary	Chair/Vice-Chair

March 16, 2026
Sylvia Bethel
Special District Services, Inc. 2501 Burns Rd., Suite A
Palm Beach Gardens, FL 33410 (Via email: sbethel@sdsinc.org)
Re:	Professional Civil Engineering & Surveying Services Terracina Lake Banks
Palm Beach County, FL
Engenuity Group Project No. 4028.02

Dear Ms. Bethel:

We are pleased to offer this proposal to render Professional Civil Engineering & Surveying services in connection with Terracina CDD Lake Banks (hereinafter called the ‘Project’).
Surveying Services
Engenuity Group, Inc. will prepare a Topographic and Tree Survey pursuant to Chapter 5J-17.050, Florida Administrative Code, of twelve (12) lakes located in Terracina Community Development.
See the attached Designated Scope of Services for a specific list of items to be included in the scope of services. The fee per lake is shown below. If we proceed with completing all lakes at once, a 15% discount will be applied to the overall cost.

Lake Number	Lake Fee	15% Discount if done all at once	
Lake 1	$5,090.00	$4,326.50	
Lake 2	$5,090.00	$4,326.50	
Lake 3	$7,850.00	$6,672.50	
Lake 4	$7,490.00	$6,366.50	
Lake 5	$7,850.00	$6,672.50	
Lake 6	$7,850.00	$6,672.50	
Lake 7	$5,090.00	$4,326.50	
Lake 8	$5,690.00	$4,836.50	
Lake 9	$6,170.00	$5,244.50	
Lake 10	$6,950.00	$5,907.50	
Lake 11	$7,430.00	$6,315.50	
Lake 12	$7,430.00	$6,315.50	
Total	$79,980.00	$67,983.00	

The final deliverable will be an electronically signed and sealed copy of the Topographic and Tree Survey, which can be provided within sixty (60) business

2026 03-16 Proposal
Project No. 4028.02
Page 1 of 6
Page 4

days of receiving authorization to proceed. In the event of rain delaying our field work, the delivery time will be pushed back to the same number of days.

Engineering Services
Engenuity Group, Inc. will prepare a Civil Engineering Drainage report to assist in evaluating the overall drainage system and lake banks for the community.
This assignment will specifically include an analysis of the existing system including the following items:
Review of our previous Annual Report as well as photos and documents of the current drainage system and lake banks.
Review previously prepared engineering plans/record drawings/plats of the site.
Analyze South Florida Water Management District & LWDD permits, plans and conditions
Review current elevations and compare them to SFWMD permits and associated plans and calculations in order to create a typical lake bank design cross section.
Evaluate lake bank repair options with estimated budgets for planning purposes.
Make recommendations for cleaning and video of current system.
Make recommendations for repair and/or replacement of damaged culverts.
Prepare a report summarizing our findings and providing recommendations.
Review of Lake Bank restoration proposals
Recommend soliciting up to three (3) proposals with a minimum of three (3) references per proposal
Review of culvert repair proposals
Recommend soliciting up to three (3) proposals with a minimum of three (3) references per proposal

Engineering Fee: $9,450.00

Invoicing and Payment
Work will be invoiced on a monthly basis for work completed to date. Invoice shall be paid in full by the Client within thirty (30) days of the invoice date, unless within such thirty (30) day period, Client notifies Engenuity Group, Inc. in writing of its objection to the amount of said invoice. Such notice shall be accompanied by payment of any undisputed portion of said invoice. If written objection is not received within thirty (30) days it shall constitute approval of invoice by Client. If the payment is not received within thirty (30) days of billing date, a late charge will be added to the invoice in the amount of 1½ percent per month on the outstanding balance. If payment is not received within sixty (60) days of the invoice date, work may be suspended on the project until the outstanding invoice(s) are paid in full.

This proposal represents the entire understanding between you and us with respect to the Project. If this satisfactorily sets forth your understanding of our agreement, please execute the attached Authorization and return it to us. If you have any questions, please do not hesitate to contact us.

PURSUANT TO SECTION 558.0035 FLORIDA STATUTES, THE CONSULTANT IS THE RESPONSIBLE PARTY FOR THE PROFESSIONAL SERVICES IT AGREES TO PROVIDE UNDER THIS CONTRACT. NO INDIVIDUAL PROFESSIONAL EMPLOYEE, AGENT, DIRECTOR, OFFICER OR PRINCIPAL MAY BE INDIVIDUALLY LIABLE FOR NEGLIGENCE ARISING OUT OF THIS CONTRACT, AS LONG AS THE CONSULTANT MAINTAINS THE PROFESSIONAL LIABILITY INSURANCE REQUIRED UNDER THIS CONTRACT AND AS LONG AS ANY DAMAGES ARE SOLELY ECONOMIC IN NATURE AND THE DAMAGES DO NOT EXTEND TO PERSONAL INJURIES OR PROPERTY NOT SUBJECT TO THIS CONTRACT.

Sincerely,	Approved by,

Jennifer Malin, P.S.M.	Lisa Tropepe, P.E.
Director of Surveying	Vice President

Authorization:	Professional Civil Engineering & Surveying Services
Terracina Lake Banks Palm Beach County, FL
Engenuity Group Project No. 4028.02

By: 			Date: 	 (Name & Title)

For: 	
(Name of Company) Contract Amount:	$
I am 	 I am not 	 The Owner of the Property

The Property Owner Is:		

Address:		

Telephone:
Fax:

DESIGNATED SCOPE OF SERVICES:	TOPOGRAPHIC/TREE SURVEY NAME: TERRACINA LAKE BANKS
ENGENUITY PROJECT NO.	4028.02 	DATE:	3/16/2026	
TASK:

Topographical Survey	Included in Contract (Yes/No)	
Minimum of two permanent benchmarks per every 500’ on site; description and elevation to nearest .01’.	Yes	
Contours at 1-foot intervals; error shall not exceed one half contour interval.	No	
Cross sections will be taken every 50 feet around each lake and commence at the
building face and extend 20 feet into the water. Shots along each cross sections will not exceed 5 foot spacing and will include any apparent grade breaks.	Yes	
Spot elevations at street intersection and at 50 feet on center curb, sidewalk and edge of paving including far side of paving.	No	
Topographic data will be obtained at 50-foot intervals of the road from right-of-way to right-of-way.	No	
Plotted location of structures, man-made (e.g., paved areas) and natural features.	Yes	
Location of water mains, and other utilities on the property based on as-built information supplied by utility companies.	No	
Location of fire hydrants available to the property.	Yes	
Location and characteristics of power and communications systems above grade.	Yes	
Location, size, depth and direction of flow of sanitary sewers, storm drains and culverts
serving, or on, the property; location of catch basins and manholes, and inverts of pipe at each.	Yes	
Name of the operating authority of each utility.	No	
Elevation of water in any excavation, well or nearby body of water.	No	
Extent of watershed onto the property.	No	
Trees of 6” and over (caliper 3’ above ground); locate within 1’ tolerance and give species in English or botanical terms.	Yes	
Specimen trees flagged by the Owner or the Architect (	 in number); locate to the
center within 1’ tolerance; give species in English or botanical terms, give caliper and ground elevation on upper slope side.	No	
Perimeter outline only of thickly wooded areas unless otherwise directed.	Yes	
Confirm soil boring location(s).	No	
SUE Services included in the scope	No	
Scale of drawing is typically 1”=20’ but will be determined by Engenuity Group, Inc. unless the client specifies a scale they would like the drawing at.	
Other (specify):
Datum will be National American Vertical Datum 1988 (NAVD 88)
SUE Services and tree tagging are not included in the services
Cross sections are in addition to topographic survey services within scope area. All outfall pipes will be traced back to the next connecting structure	

2026 03-16 Proposal
Project No. 4028.02
Page 5 of 6

Surveying Graphic

Wellfield Zone Graphic

2026 03-16 Proposal
Project No. 4028.02
Page 6 of 6

Terracina Community Development District

Financial Report For February 2026

TERRACINA COMMUNITY DEVELOPMENT DISTRICT MONTHLY FINANCIAL REPORT
FEBRUARY 2026

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

Actual Feb-26	Year To Date Actual
10/1/25 - 2/28/26	
O & M ASSESSMENTS	171,024	2,140	157,002	
DEBT ASSESSMENTS	314,087	3,939	288,275	
OTHER REVENUES	0	0	0	
INTEREST INCOME	1,200	0	2,161	
				
Total Revenues	$	486,311	$	6,079	$	447,438	
				
EXPENDITURES				
SUPERVISOR FEES	7,000	0	800	
PAYROLL TAXES - EMPLOYER	560	0	61	
AQUATIC LAKE MAINTENANCE	23,000	1,796	8,980	
FOUNTAIN MAINTENANCE	18,000	659	8,135	
ENGINEERING/INSPECTIONS	5,500	0	0	
MANAGEMENT	39,228	3,269	16,345	
SECRETARIAL	4,200	350	1,750	
LEGAL	3,500	225	1,440	
ASSESSMENT ROLL	8,000	0	0	
AUDIT FEES	3,600	0	0	
INSURANCE	7,800	0	7,634	
LEGAL ADVERTISING	1,350	0	0	
MISCELLANEOUS	950	23	211	
POSTAGE	250	0	0	
OFFICE SUPPLIES	600	3	231	
DUES & SUBSCRIPTIONS	175	0	175	
TRUSTEE FEES	3,900	0	0	
CONTINUING DISCLOSURE FEE	350	0	0	
WEBSITE MANAGEMENT	2,000	166	833	
CONTINGENCY/FOUNTAINS	32,000	0	900	
				
Total Expenditures	$	161,963	$	6,491	$	47,495	
				
REVENUES LESS EXPENDITURES	$	324,348	$	(412)	$	399,943	
				
BOND PAYMENTS	(295,242)	(3,801)	(274,123)	
				
BALANCE	$	29,106	$	(4,213)	$	125,820	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(9,702)	(59)	(5,047)	
DISCOUNTS FOR EARLY PAYMENTS	(19,404)	(153)	(17,586)	
				
EXCESS/ (SHORTFALL)	$	-	$	(4,425)	$	103,187	
				
CARRYOVER FROM PRIOR YEAR	0	0	0	
				
Net Excess/ (Shortfall)	$	-	$	(4,425)	$	103,187	

Bank Balance As Of 2/28/26	$	330,290.91	
Accounts Payable As Of 2/28/26	$	17,537.91	
Accounts Receivable As Of 2/28/26	$	-	
Available Funds As Of 2/28/26	$	312,753.00	

Terracina Community Development District
Budget vs. Actual
October 2025 through February 2026

	Oct 25 - Feb 26		25/26 Budget		$ Over Budget		% of Budget	
Income									
363.100	O & M Assessments	157,002.08		171,024.00		-14,021.92		91.8%	
363.810	Debt Assessments	288,274.73		314,087.00		-25,812.27		91.78%	
363.820	Debt Assessment-Paid To Trustee	-274,122.68		-295,242.00		21,119.32		92.85%	
363.830	Tax Collector Fee	-5,046.90		-9,702.00		4,655.10		52.02%	
363.831	Discounts For Early Payment	-17,586.39		-19,404.00		1,817.61		90.63%	
369.401	Interest Income	2,160.95		1,200.00		960.95		180.08%	
Total Income	150,681.79		161,963.00		-11,281.21		93.04%	
Expense									
511.122	PR Tax Expense	61.20		560.00		-498.80		10.93%	
511.131	Supervisor Fees	800.00		7,000.00		-6,200.00		11.43%	
511.301	Aquatic Lake Maintenance	8,980.00		23,000.00		-14,020.00		39.04%	
511.307	Fountain Maintenance	8,135.00		18,000.00		-9,865.00		45.19%	
511.310	Engineering	0.00		5,500.00		-5,500.00		0.0%	
511.311	Management Fees	16,345.00		39,228.00		-22,883.00		41.67%	
511.312	Secretarial Fees	1,750.00		4,200.00		-2,450.00		41.67%	
511.315	Legal Fees	1,440.00		3,500.00		-2,060.00		41.14%	
511.318	Assessment/Tax Roll	0.00		8,000.00		-8,000.00		0.0%	
511.320	Audit Fees	0.00		3,600.00		-3,600.00		0.0%	
511.450	Insurance	7,634.00		7,800.00		-166.00		97.87%	
511.480	Legal Advertisements	0.00		1,350.00		-1,350.00		0.0%	
511.512	Miscellaneous	210.55		950.00		-739.45		22.16%	
511.513	Postage and Delivery	0.00		250.00		-250.00		0.0%	
511.514	Office Supplies	230.70		600.00		-369.30		38.45%	
511.540	Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
511.733	Trustee Fees	0.00		3,900.00		-3,900.00		0.0%	
511.734	Continuing Disclosure Fee	0.00		350.00		-350.00		0.0%	
511.750	Website Management	833.30		2,000.00		-1,166.70		41.67%	
511.800	Contingency/Fountains	900.00		32,000.00		-31,100.00		2.81%	
Total Expense	47,494.75		161,963.00		-114,468.25		29.32%	
Net Income		103,187.04		0.00		103,187.04		100.0%	

Terracina Community Development District
Expenditures
October 2025 through February 2026

	Date		Invoice #		Vendor		Memo		Amount	
Expenditures
511.122 • PR Tax Expense	

12/16/2025		

PR 12.10.25				

mtg 12.10.25 ck 12.16.25 (Colella L, Colella G, Ameer S, Esquerete J)		

61.20	
Total 511.122 • PR Tax Expense									61.20	
511.131 • Supervisor Fees	
12/16/2025		
PR 12.10.25				

mtg 12.10.25 ck 12.16.25 (Colella L, Colella G, Ameer S, Esquerete J)		
800.00	
Total 511.131 • Supervisor Fees									800.00	
511.301 • Aquatic Lake Maintenance										
	10/01/2025		2606		Allstate Resource Management Inc.		Lake, Mitigation and Debris Management Services		1,745.00	
	10/01/2025		2606		Allstate Resource Management Inc.		Debris Removal Services		51.00	
	11/01/2025		3427		Allstate Resource Management Inc.		Lake, Mitigation and Debris Management Services Recurring		1,745.00	
	11/01/2025		3427		Allstate Resource Management Inc.		Debris Removal Services Recurring		51.00	
	12/01/2025		88995		Allstate Resource Management Inc.		Lake, Mitigation and Debris Management Services Recurring		1,745.00	
	12/01/2025		88995		Allstate Resource Management Inc.		Debris Removal Services Recurring		51.00	
	01/01/2026		89844		Allstate Resource Management Inc.		Lake, Mitigation and Debris Management Services Recurring		1,745.00	
	01/01/2026		89844		Allstate Resource Management Inc.		Debris Removal Services Recurring		51.00	
	02/01/2026		90649		Allstate Resource Management Inc.		Lake, Mitigation and Debris Management Services Recurring		1,745.00	
	02/01/2026		90649		Allstate Resource Management Inc.		Debris Removal Services Recurring		51.00	
Total 511.301 • Aquatic Lake Maintenance									8,980.00	
511.307 • Fountain Maintenance										
	10/01/2025		2606		Allstate Resource Management Inc.		Fountain/Aerator Maintenance Services		659.00	
	10/10/2025		4833		Allstate Resource Management Inc.		Fountain Pump Breaker 2-Pole 60A GFI		345.00	
	11/01/2025		3427		Allstate Resource Management Inc.		Fountain/Aerator Maintenance Services Recurring		659.00	
	12/01/2025		88995		Allstate Resource Management Inc.		Fountain/Aerator Maintenance Services Recurring		659.00	
	12/22/2025		90402		Allstate Resource Management Inc.		1X Fountain / Aerator Maintenance Services-7.5 HP Submersible Fountain Motor		4,495.00	
	01/01/2026		89844		Allstate Resource Management Inc.		Fountain/Aerator Maintenance Services Recurring		659.00	
	02/01/2026		90649		Allstate Resource Management Inc.		Fountain/Aerator Maintenance Services Recurring		659.00	
Total 511.307 • Fountain Maintenance									8,135.00	
511.311 • Management Fees										
	10/31/2025		2025-1405		Special District Services, Inc.		Management Oct 2025		3,269.00	
	11/30/2025		2025-1530		Special District Services, Inc.		Management Nov 2025		3,269.00	
	12/31/2025		2025-1672		Special District Services, Inc.		Management Dec 2025		3,269.00	
	01/31/2026		2026-1807		Special District Services, Inc.		Management Jan 2026		3,269.00	
	02/28/2026		2026-1927		Special District Services, Inc.		Management Feb 2026		3,269.00	
Total 511.311 • Management Fees									16,345.00	

Terracina Community Development District
Expenditures
October 2025 through February 2026

Date	Invoice #	Vendor	Memo	Amount

511.312 • Secretarial Fees		
	10/31/2025	2025-1405	Special District Services, Inc.	Secretarial Oct 2025	350.00	
	11/30/2025	2025-1530	Special District Services, Inc.	Secretarial Nov 2025	350.00	
	12/31/2025	2025-1672	Special District Services, Inc.	Secretarial Dec 2025	350.00	
	01/31/2026	2026-1807	Special District Services, Inc.	Secretarial Jan 2026	350.00	
	02/28/2026	2026-1927	Special District Services, Inc.	Secretarial Feb 2026	350.00	
Total 511.312 • Secretarial Fees					1,750.00	
511.315 • Legal Fees						
	10/29/2025	132838	Caldwell Pacetti Edwards Schoech & Viator	Legal Services Oct 2025	67.50	
	12/23/2025	132920	Caldwell Pacetti Edwards Schoech & Viator	Legal Services Dec 2025	540.00	
	01/27/2026	133014	Caldwell Pacetti Edwards Schoech & Viator	Legal Services Nov/Dec 2025 and Jan 2026	607.50	
	02/25/2026	133044	Caldwell Pacetti Edwards Schoech & Viator	Legal Services Jan/Feb 2026	225.00	
Total 511.315 • Legal Fees					1,440.00	
511.450 • Insurance	
10/01/2025	
29551	
Egis Insurance & Risk Advisors	

Policy #100125064 10/01/2025-10/01/2026Florida Insurance Alliance	
7,634.00	
Total 511.450 • Insurance					7,634.00	
511.512 • Miscellaneous						
	10/01/2025	31860	The Commons Vista Park, LLC	Terracina CDD Reg Board Mtg	0.95	
	10/31/2025	2025-1405	Special District Services, Inc.	Travel Sept 2025	21.84	
	11/30/2025	2025-1530	Special District Services, Inc.	Travel Oct 2025	11.90	
	12/16/2025	PR 12.10.25		mtg 12.10.25 ck 12.16.25 (Colella L, Colella G, Ameer S, Esquerete J)	53.40	
	12/22/2025	34687	The Commons Vista Park, LLC	Terracina CDD Reg Board Mtg	50.00	
	01/31/2026	2026-1807	Special District Services, Inc.	Meeting Books December 2025	28.00	
	01/31/2026	2026-1807	Special District Services, Inc.	Travel Dec 2025	21.84	
	02/28/2026	2026-1927	Special District Services, Inc.	Travel Jan 2026	22.62	
Total 511.512 • Miscellaneous					210.55	
511.514 • Office Supplies						
	10/31/2025	2025-1405	Special District Services, Inc.	Copier Sept 2025	139.65	
	11/30/2025	2025-1530	Special District Services, Inc.	Copier Oct 2025	11.55	
	12/31/2025	2025-1672	Special District Services, Inc.	Copier Nov 2025	70.20	
	01/31/2026	2026-1807	Special District Services, Inc.	Copier December 2025	6.75	
	02/28/2026	2026-1927	Special District Services, Inc.	Copier Jan 2026	2.55	
Total 511.514 • Office Supplies					230.70	

Terracina Community Development District
Expenditures
October 2025 through February 2026

Date	Invoice #	Vendor	Memo	Amount

511.540 • Dues, License & Subscriptions	
10/01/2025	
92838	
Florida Commerce	
Fiscal Year 2025 - 2026 Special District State Fee	
175.00	
Total 511.540 • Dues, License & Subscriptions					175.00	
511.750 • Website Management						
	10/31/2025	2025-1405	Special District Services, Inc.	Website Oct 2025	166.66	
	11/30/2025	2025-1530	Special District Services, Inc.	Website Nov 2025	166.66	
	12/31/2025	2025-1672	Special District Services, Inc.	Website Dec 2025	166.66	
	01/31/2026	2026-1807	Special District Services, Inc.	Website Jan 2026	166.66	
	02/28/2026	2026-1927	Special District Services, Inc.	Website Feb 2026	166.66	
Total 511.750 • Website Management					833.30	
511.800 • Contingency/Fountains	
12/13/2025	
1576	
Badger Underground Construction, LLC	
Investigate & Measure to identify Measurement & Quantities	
900.00	
Total 511.800 • Contingency/Fountains					900.00	
Total Expenditures					47,494.75	

Terracina Community Development District
Balance Sheet
As of February 28, 2026

ASSETS
Current Assets

Operating Fund

Capital Projects
Fund	Debt Service Fund

General Fixed
Assets Fund	Long Term Debt Fund	TOTAL

Checking/Savings
Bank Account	
330,290.91		
0.00		
0.00	
0.00		
0.00		
330,290.91	
Total Checking/Savings	330,290.91		0.00		0.00	0.00		0.00		330,290.91	
Total Current Assets	330,290.91		0.00		0.00	0.00		0.00		330,290.91	
Fixed Assets											
Storm Water Management	0.00		0.00		0.00	1,770,162.00		0.00		1,770,162.00	
Fountains	0.00		0.00		0.00	114,601.00		0.00		114,601.00	
Accum Depreciation - Storm Water Mgt	0.00		0.00		0.00	-1,062,090.00		0.00		-1,062,090.00	
Accum Depreciation - Fountains	0.00		0.00		0.00	-25,800.00		0.00		-25,800.00	
Total Fixed Assets	0.00		0.00		0.00	796,873.00		0.00		796,873.00	
Other Assets											
Investments - Interest Account	0.00		0.00		7.32	0.00		0.00		7.32	
Investments - Reserve Account	0.00		0.00		17,252.12	0.00		0.00		17,252.12	
Investments - Revenue Account	0.00		0.00		308,125.73	0.00		0.00		308,125.73	
Investments - Prepayment Fund	0.00		0.00		4,190.52	0.00		0.00		4,190.52	
Investments - Sinking Fund	0.00		0.00		42.44	0.00		0.00		42.44	
A/R Non-Ad Valorem Receipts	0.00		0.00		0.00	0.00		0.00		0.00	
Amount Available In DSF	0.00		0.00		0.00	0.00		329,618.13		329,618.13	
Amount To Be Provided	0.00		0.00		0.00	0.00		1,572,381.87		1,572,381.87	
Total Other Assets	0.00		0.00		329,618.13	0.00		1,902,000.00		2,231,618.13	
TOTAL ASSETS	330,290.91		0.00		329,618.13	796,873.00		1,902,000.00		3,358,782.04	
LIABILITIES & EQUITY											
Liabilities
Current Liabilities Accounts Payable
Accounts Payable	17,537.91		0.00		0.00	0.00		0.00		17,537.91	
Total Accounts Payable	17,537.91		0.00		0.00	0.00		0.00		17,537.91	
Total Current Liabilities	17,537.91		0.00		0.00	0.00		0.00		17,537.91	
Long Term Liabilities
Special Assessment Debt (2021)	
0.00		
0.00		
0.00	
0.00		
1,902,000.00		
1,902,000.00	
Total Long Term Liabilities	0.00		0.00		0.00	0.00		1,902,000.00		1,902,000.00	
Total Liabilities	17,537.91		0.00		0.00	0.00		1,902,000.00		1,919,537.91	
Equity											
Net Income	103,187.04		0.00		242,533.93	0.00		0.00		345,720.97	
Current Year Depreciation	0.00		0.00		0.00	0.00		0.00		0.00	
Investments in Gen Fixed Assets	0.00		0.00		0.00	1,884,763.00		0.00		1,884,763.00	
Retained Earnings	209,565.96		0.00		87,084.20	-1,087,890.00		0.00		-791,239.84	
Total Equity	312,753.00		0.00		329,618.13	796,873.00		0.00		1,439,244.13	
TOTAL LIABILITIES & EQUITY	330,290.91		0.00		329,618.13	796,873.00		1,902,000.00		3,358,782.04