RIVERSIDE PARK COMMUNITY DEVELOPMENT DISTRICT

MIAMI-DADE COUNTY REGULAR BOARD MEETING MARCH 16, 2026
6:30 P.M.

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

AGENDA RIVERSIDE PARK
COMMUNITY DEVELOPMENT DISTRICT
Meeting Room at Mercedes Benz of Cutler Bay 10701 SW 211th Street
Cutler Bay, Florida 33189
REGULAR BOARD MEETING
March 16, 2026
6:30 p.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
October 20, 2025 Regular Meeting	Page 3
Old Business
New Business
Consider Resolution No. 2026-01 – Approving a Proposed Budget for FY 2026/2027	Page 7
Consider Approval of Billing Cochran Rate Adjustment Request	Page 14
Administrative Matters
Financial Update	Page 16
Announce the 2026 General Election and Candidate Qualifying Period – Noon, Monday, June 8, 2026, through Noon, Friday, June 12, 2026
Board Members/Staff: Additional Comments/Requests
Adjourn

McClatchy

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AFFIDAVIT OF PUBLICATION

Account#	Order Number	Identification	Order PO	Cols	Depth	
57887	IPL0279117	Legal Ad- lPL0279117		1.0	74.0L	

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

PUBLISHED DAILY MIAMI-DADE-FLORIDA

STATE OF FLORIDA COUNTY OF MIAMI-DADE

RIVERSIDE PARK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026 REGULAR MEETING SCHEDULE NOTICE IS HEREBY GIVEN that
the Board of Supervisors of the Riv-erside Par1< Community Development District will hold Regular Meetings in a Meeting Room at the Mercedes Benz of Cutler Bay, located at 10701 SW 211th Street, Cutler Bay, Florida 33189 at 6:30 p.m. on the following dates:
October 20, 2025
March 16, 2026
May 18, 2026
August 17, 2026
The purpose of the 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 Agendas 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 five (5) days prior to the date of the particular meeting.
From time to time one or two Super-visors may participate by telephone; therefore, at the location of these meetings there will be a speaker tele-phone present so that interested per-sons can attend the meetings at the above location and be fully informed of the discussions taking place either in person or by telephone communi-cation. Meetings may be continued as found necessary to a time and place specffied 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.
RIVERSIDE PARK COMMUNITY DEVELOPMENT DISTRICT
www.riversideparkcdd.org PUBLISH:	MIAMI	HERALD 10/10/25
IPL0279117 Oct 10 2025

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:
10/10/25 Print

Print Tearsheet Link

Marketplace Link

Amanda Rodela

s�	!l el/,ac�

Sworn to and subscribed before
me on	Oct 10, 2025, 9:55 AM EDT

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

RIVERSIDE PARK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026 REGULAR MEETING SCHEDULE NOTICE IS HEREBY GIVEN that
the Board of Supervisors of the Riv-erside Park Community Development District will hold Regular Meetings in a Meeting Room at the Mercedes Benz of Cutler Bay, located at 10701 SW 211th Street, Cutler Bay, Florida 33189 at 6:30 p.m. on the following dates:
October 20, 2025
March 16, 2026
May 18, 2026
August 17, 2026
The purpose of the 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 Agendas 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 five (5) days prior to the date of the particular meeting.
From time to time one or two Super-visors may participate by telephone; therefore, at the location of these meetings there will be a speaker tele-phone present so that interested per-sons can attend the meetings at the above location and be fully informed of the discussions taking place either in person or by telephone communi-cation. Meetings may be continued as found necessary to a time and place specified on the record.

If any person decides to appeal any decision made with respect to any matter considered at these meetings, such person will need a record of the proceedings and such person may need to 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.
RIVERSIDE PARK COMMUNITY DEVELOPMENT DISTRICT
www.riversideparkcdd.org PUBLISH:	MIAMI	HERALD 10/10/25
IPL0279117 Oct 10 2025

RIVERSIDE PARK COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING
OCTOBER 20, 2025

CALL TO ORDER

The October 20, 2025, Regular Board Meeting of the Riverside Park Community Development District (the “District”) was called to order at 6:31 p.m. in a Meeting Room at Mercedes Benz of Cutler Bay located at 10701 SW 211th Street, Cutler Bay, Florida 33189.

PROOF OF PUBLICATION

Proof of publication was presented that notice of the Regular Board Meeting had been published in the Miami Herald on October 10, 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 Chairperson Lorraine Torres (via phone), Vice Chairman Lariel Torres and Supervisors Ingrid Ojeda and Nelson Ojeda constituted a quorum and it was in order to proceed with the meeting.

Staff also in attendance were: District Manager Gloria Perez of Special District Services, Inc.; and General Counsel Ginger Wald of Billing, Cochran, Lyles, Mauro & Ramsey, P.A.

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
May 19, 2025, Public Hearing & Regular Board Meeting

A MOTION was made by Supervisor Ingrid Ojeda, seconded by Supervisor Nelson Ojeda and passed unanimously approving the minutes of the ay 19, 2025, Public Hearing & Regular Board Meeting, amended to reflect the correct spelling of Armando Silva’s last name.

OLD BUSINESS

There were no Old Business items to come before the Board.

NEW BUSINESS
Consider Resolution No. 2025-05 – Adopting a Fiscal Year 2024/2025 Amended Budget

Mrs. Perez presented Resolution No. 2025-05, entitled:

Page 1 of 4

RESOLUTION NO. 2025-05

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE RIVERSIDE PARK COMMUNITY DEVELOPMENT DISTRICT AUTHORIZING AND ADOPTING AN AMENDED FINAL FISCAL YEAR 2024/2025 BUDGET (“AMENDED BUDGET”), PURSUANT TO CHAPTER
189, FLORIDA STATUTES; AND PROVIDING AN EFFECTIVE DATE.

Mrs. Perez explained, as done every year for administrative and statutory requirements, within 60 days of any given fiscal year end, the Board adopts a revised/amended budget for said year. The fiscal year ended on September 30, 2025. This is the reason it is administrative in nature (past year’s budget for past year’s expenses) and will serve as the Board’s final approval/ratification of the District’s expenditures for the past fiscal year.

A MOTION was made by Supervisor Nelson Ojeda, seconded by Supervisor Ingrid Ojeda and unanimously passed adopting Resolution No. 2025-05, adopting a Fiscal Year 2024/2025 Amended Budget, as presented.

Consider Resolution No. 2025-06 – Approval of Interlocal Access Agreement for Government Publication of Legal Advertisements and Public Notices on County Designated Website

Mrs. Perez presented Resolution No. 2025-06, entitled:

RESOLUTION 2025–06
A RESOLUTION OF THE RIVERSIDE PARK COMMUNITY DEVELOPMENT DISTRICT (THE "DISTRICT") RELATING TO THE INTERLOCAL ACCESS AGREEMENT FOR LOCAL GOVERNMENT	PUBLICATION	OF	LEGAL ADVERTISEMENTS AND PUBLIC NOTICES ON COUNTY DESIGNATED WEBSITE; APPROVING SAME; PROVIDING FOR AUTHORIZED SIGNATORIES; AND PROVIDING FOR AN EFFECTIVE DATE

Mrs. Perez presented the Miami-Dade County Advertisement Interlocal Agreement (the “ILA”) and went on to explain that the District is required to publish legal ads and the costs associated with them. She further indicated that due to the closing of the Miami Daily Business Review, the District has had to advertise in The Miami Herald. She indicated that a standard publication in the Miami Herald costs well in excess of the cost typically paid in the past.

This higher cost prompted Special District Services’ management team to seek an alternative for legal publications. Mrs. Perez stated that her office had been in communication with Miami-Dade County (the “County”) Communications and it was determined that advertising on the County’s website was an option that complies with Florida Statutes. This resulted in the County Attorney’s review and authorization of the County entering into an Interlocal Agreement with community development districts. This is a great accomplishment that will save the District considerably and is estimated to cost
$707 annually.

Page 2 of 4

The ILA has been reviewed by District Counsel and has been deemed acceptable. Miami-Dade County is now requesting that the Board allocate authorized signers, therefore District Counsel has prepared the presented resolution for the Board’s consideration.

A MOTION was made by Supervisor Lariel Torres, seconded by Supervisor Nelson Ojeda and passed unanimously approving the entering into an Interlocal Access Agreement for government publication of legal advertisements and public notices on the County designated website, as presented.

Consider Resolution No. 2025-07 – Goals & Objectives Annual Report

Mrs. Perez presented Resolution No. 2025-07, entitled:

RESOLUTION 2025-07

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE RIVERSIDE PARK COMMUNITY DEVELOPMENT DISTRICT ADOPTING AN ANNUAL REPORT OF GOALS, OBJECTIVES, AND PERFORMANCE MEASURES AND STANDARDS; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

Ms. Wald provided an overview of the Resolution Adopting Goals and Objectives.

A MOTION was then made by Supervisor Nelson Ojeda, seconded by Supervisor Ingrid Ojeda and passed unanimously adopting Resolution No. 2025-07, the same goals and objectives presented as an exhibit to Resolution 2025-07 as the Goals & Objectives for Fisal Year 2025/2026.

Consider Ratification and Approval of Turf Landscaping & Mulch Proposal

Mrs. Perez noted that the mulch cost was below the contracted amount and the work had been completed. This action was approved by the Chair to ensure that we could take advantage of the rain for the plant installation since there is no irrigation in said area.

Supervisor Lariel Torres requested to have gentle request letters sent to the properties that have overgown vegetation butting to the perimeter hedge to provide uniformity and for esthetics.

A MOTION was made by Supervisor Nelson Ojeda, seconded by Supervisor Lorraine Torres and passed unanimously ratifying and approving the Turf Management proposal for mulch installation along all District monuments and the installation of twelve (12) 3-gallon Trinet plant behind the property located at 10217 SW 224th Terrace for installation on the District maintained area for a total cost of $960, as presented.

ADMINISTRATIVE MATTERS
Financial Update

Mrs. Perez presented the financials in the meeting book and briefly went over them, pointing out that available funds as of September 30, 2025, were $377,888.99.

A MOTION was made by Supervisor Ingrid Ojeda, seconded by Supervisor Nelson Ojeda and passed unanimously ratifying and approving the financials, as presented.

Legislative Update

Ms. Wald reviewed the 2025 Legislative Update Memorandum that was presented in the meeting
materials and addressed the Board’s questions.

Ethics Training

Mrs. Perez reminded the Board that they are required to complete four (4) hours of ethics training annually and in order to comply with the 2025 Form 1, due by July 1, 2026, the hours must be completed no later than December 31, 2025. She further noted that links to two training sessions were available on the website.

BOARD MEMBER/STAFF CLOSING COMMENTS

There were no further comments from Board Members or staff.

ADJOURNMENT

There being no further business to come before the Board, a MOTION was made by Supervisor Lorraine Torres, seconded by Supervisor Nelson Ojeda and passed unanimously adjourning the Regular Board Meeting at 6:44 p.m.

ATTESTED BY:

Secretary/Assistant Secretary	Chairperson/Vice-Chair

RESOLUTION NO. 2026-01

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

WHEREAS, the Board of Supervisors (“Board”) of the Riverside Park Community Development District (“District”) is required by Chapter 190.008, Florida Statutes, to approve a Proposed Budget for each fiscal year; and,

WHEREAS, the Proposed Budget including the Assessments for Fiscal Year 2026/2027 has been prepared and considered by the Board.

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

Section 1.  The Proposed Budget including the Assessments for Fiscal Year 2026/2027 attached hereto as Exhibit “A” is approved and adopted.

Section 2.  A Public Hearing is hereby scheduled for May 18, 2026 at 6:30 p.m. in the Mercedes Benz of Cutler Bay, 10701 SW 211th Street, Cutler Bay, Florida 33189, and/or utilizing communications media technology (whichever is applicable) for the purpose of receiving public comments on the Proposed Fiscal Year 2026/2027 Budget.

PASSED, ADOPTED and EFFECTIVE this 16th day of March, 2026.

ATTEST:	RIVERSIDE PARK
COMMUNITY DEVELOPMENT DISTRICT

By:			By:		 Secretary/Assistant Secretary			Chairman/Vice Chairman

Riverside Park Community Development District

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

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

DETAILED PROPOSED DEBT SERVICE FUND BUDGET

ASSESSMENT COMPARISON

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

REVENUES	
FISCAL YEAR 2026/2027
ANNUAL BUDGET	
Administrative Assessments	62,928	
Maintenance Assessments	39,774	
Debt Assessments	118,812	
Other Revenues	0	
Interest Income	1,320	
		
TOTAL REVENUES	$	222,834	
		
EXPENDITURES		
MAINTENANCE EXPENDITURES		
Lawn/Landscape Maintenance	16,500	
Entrance Features	1,000	
Miscellaneous Maintenance/Improvements	6,613	
Border Hedge/Monument/Fence	8,275	
Nutritional Control/Mulch	3,500	
Engineering/Inspections	1,500	
Contingency/Reserve	0	
TOTAL MAINTENANCE EXPENDITURES	$	37,388	
		
ADMINISTRATIVE EXPENDITURES		
Supervisor Fees	6,000	
Employer Taxes - Payroll	480	
Management	22,092	
Secretarial	2,700	
Legal	8,500	
Assessment Roll	3,500	
Audit Fees	3,600	
Insurance	8,200	
Legal Advertisements	2,500	
Miscellaneous	800	
Postage	200	
Office Supplies	425	
Dues & Subscriptions	175	
Trustee Fee	4,300	
Continuing Disclosure Fee	250	
Website Management	1,750	
TOTAL ADMINISTRATIVE EXPENDITURES	$	65,472	
		
TOTAL EXPENDITURES	$	102,860	
		
REVENUES LESS EXPENDITURES	$	119,974	
		
Bond Payments	(111,683)	
		
BALANCE	$	8,291	
		
County Appraiser & Tax Collector Fee	(4,430)	
Discounts For Early Payments	(8,861)	
		
EXCESS/ (SHORTFALL)	$	(5,000)	
		
Carryover Funds From Prior Year	5,000	
		
NET EXCESS/ (SHORTFALL)	$	-	

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

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

COMMENTS	
Administrative Assessments	63,446	62,975	62,928	Expenditures Less Interest & Carryover/.94	
Maintenance Assessments	39,776	39,774	39,774	Expenditures/.94	
Debt Assessments	118,812	118,812	118,812	Bond Payments/.94	
Other Revenues	0	0	0		
Interest Income	15,351	1,200	1,320	Estimated At $110 Per Month	
					
TOTAL REVENUES	$	237,385	$	222,761	$	222,834		
					
EXPENDITURES					
MAINTENANCE EXPENDITURES					
Lawn/Landscape Maintenance	13,725	16,500	16,500	No Change From 2025/2026 Budget	
Entrance Features	1,875	1,000	1,000	No Change From 2025/2026 Budget	
Miscellaneous Maintenance/Improvements	900	6,613	6,613	No Change From 2025/2026 Budget	
Border Hedge/Monument/Fence	0	8,275	8,275	No Change From 2025/2026 Budget	
Nutritional Control/Mulch	0	3,500	3,500	No Change From 2025/2026 Budget	
Engineering/Inspections	1,377	1,500	1,500	No Change From 2025/2026 Budget	
Contingency/Reserve	0	0	0	Currently $16,270 In Available Funds	

TOTAL MAINTENANCE EXPENDITURES	$	17,877	$	37,388	$	37,388		
					
ADMINISTRATIVE EXPENDITURES					
Supervisor Fees	2,200	6,000	6,000	No Change From 2025/2026 Budget	
Employer Taxes - Payroll	168	480	480	Projected At 8% Of Supervisor Fees	
Management	20,916	21,516	22,092	CPI Adjustment	
Secretarial	2,700	2,700	2,700	No Change From 2025/2026 Budget	
Legal	7,830	8,000	8,500	$500 Increase From 2025/2026 Budget	
Assessment Roll	3,500	3,500	3,500	No Change From 2025/2026 Budget	
Audit Fees	3,500	3,600	3,600	Accepted Amount For 2025/2026 Audit	
Insurance	6,625	7,100	8,200	Fiscal Year 2025/2026 Expenditure Was $7,523	
Legal Advertisements	2,324	2,300	2,500	$200 Increase From 2025/2026 Budget	
Miscellaneous	613	800	800	No Change From 2025/2026 Budget	
Postage	174	200	200	No Change From 2025/2026 Budget	
Office Supplies	238	450	425	$25 Decrease From 2025/2026 Budget	
Dues & Subscriptions	175	175	175	No Change From 2025/2026 Budget	
Trustee Fee	4,246	4,100	4,300	$200 Increase From 2025/2026 Budget	
Continuing Disclosure Fee	250	250	250	No Change From 2025/2026 Budget	
Website Management	1,750	1,750	1,750	No Change From 2025/2026 Budget	
TOTAL ADMINISTRATIVE EXPENDITURES	$	57,209	$	62,921	$	65,472		
					
TOTAL EXPENDITURES	$	75,086	$	100,309	$	102,860		
					
REVENUES LESS EXPENDITURES	$	162,299	$	122,452	$	119,974		
					
Bond Payments	(113,190)	(111,683)	(111,683)	2027 Principal & Interest Payments	
					
BALANCE	$	49,109	$	10,769	$	8,291		
					
County Appraiser & Tax Collector Fee	(2,134)	(4,431)	(4,430)	Two Percent Of Total Tax Roll	
Discounts For Early Payments	(8,352)	(8,863)	(8,861)	Four Percent Of Total Tax Roll	
					
EXCESS/ (SHORTFALL)	$	38,623	$	(2,525)	$	(5,000)		
					
Carryover Funds From Prior Year	0	2,525	5,000	Carryover Funds From Prior Year	
					
NET EXCESS/ (SHORTFALL)	$	38,623	$	-	$	-		

DETAILED PROPOSED DEBT SERVICE FUND BUDGET
RIVERSIDE PARK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

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

COMMENTS	

Interest Income	
1,190	
500	
500	
Projected Interest For FY 2026/2027	

NAV Tax Collection	
113,190	
111,683	
111,683	
Maximum Debt Service Collection	

Total Revenues	
$	114,380	
$	112,183	
$	112,183		

EXPENDITURES					

Principal Payments	
65,000	
69,000	
73,000	
Principal Payment Due In 2027	

Interest Payments	
48,223	
42,572	
38,539	
Interest Payments Due In 2027	

Bond Redemption	
0	
611	
644	
Estimated Excess Debt Collections	

Total Expenditures	
$	113,223	
$	112,183	
$	112,183		

Excess/ (Shortfall)	
$	1,157	
$	-	
$	-		

Series 2023 Bond Modification Information

Original Par Amount =	$910,000	May 1st	
Interest Rate =	5.68%	May 1st & November 1st	
Modification Date =	June 2023		
Maturity Date =

Par Amount As Of 1/1/26 =	May 2034

$784,000		

Riverside Park Community Development District Assessment Comparison

Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	
2022/2023	2023/2024	2024/2025	2025/2026	
Assessment	Assessment	Assessment	Projected Assessment	
 Before Discount* 	 Before Discount* 	 Before Discount* 		Before Discount*		
Administrative	$	299.45	$	307.85	$	307.72	$	306.97	
Maintenance	$	194.91	$	194.03	$	194.03	$	194.03	
Debt	 $	592.80	 $	585.28	 $	585.28	 $	585.28	
Total	$	1,087.16	$	1,087.16	$	1,087.03	$	1,086.28	

* Assessments Include the Following :				
4% Discount for Early Payments				
1% County Tax Collector Fee				
1% County Property Appraiser Fee				

Community Information:				
Total Units	205				
Prepayments	2				
Billed for Debt	203				
	IV			

LAW OFFICES
BILLING©COCHRAN
ESTABLISHED 1977

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

STEVEN F. BILLING (1947-1998)

BILLING COCHRAN, P.A. LAS OLAS SQUARE, SUITE 600
515 EAST LAS DLAS BOULEVARD FORT LAUDERDALE, FLORlDA 33301
(954) 764-7150
(954) 764-7279 FAX

PGA NAT!ONAL OFFJCE CENTER
300 AVENUE OF THE CHAMPIONS, SUITE 270 PALM BEACH GARDENS, FLORIDA 33418
(561) 659-5970
(561) 659·6173 FAX

CHRISTlNE A. BROWN GABRIELLA A. FERNANDEZ PEREZ
MARLENE E. GONZALEZ LORI B. LEWELLEN LIZA E. SMOKER LUCAS A, WILLIAMS

OF COUNSEL; CLARK J. COCHRAN, JR.
SUSAN F. DELEGAL DENNIS E. LYLES BRUCE M. RAMSEY

HAYWARD D. GAY (1943-2007)		

RICHARDT. WOULFE

WWW.BI LLINGCOCH RAN. COM PLEASE REPLY TD: 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 Riverside Park Community Development District Our File: 535.03086
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:
Attomeys/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 of this adjustment you should feel free to contact me at your convenience. As I think you are aware, we very much appreciate the opp011unity 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.

MJP/jmp
cc: Brielle Barba, SDS (via email only)

Riverside Park Community Development District

Financial Report For February 2026

Riverside Park 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	ꞏ Admin Assessments	56,662.97		62,975.00		-6,312.03		89.98%	
363.101	ꞏ Maintenance Assessments	35,775.60		39,774.00		-3,998.40		89.95%	
363.810	ꞏ Debt Assessments	106,868.38		118,812.00		-11,943.62		89.95%	
363.820	ꞏ Debt Assessment-Paid To Trustee	-101,560.69		-111,683.00		10,122.31		90.94%	
363.830	ꞏ County Tax Collector Fee	-1,913.21		-4,431.00		2,517.79		43.18%	
363.831	ꞏ Discounts For Early Payments	-7,985.47		-8,863.00		877.53		90.1%	
369.401	ꞏ Interest Income	1,045.28		1,200.00		-154.72		87.11%	
369.402	ꞏ Carryover From Prior Year	0.00		2,525.00		-2,525.00		0.0%	
Total Income	88,892.86		100,309.00		-11,416.14		88.62%	
Expense									
511.122	ꞏ PR Tax Expense	61.20		480.00		-418.80		12.75%	
511.131	ꞏ Supervisors Fees	800.00		6,000.00		-5,200.00		13.33%	
511.302	ꞏ Border Hedge/Monument/Fence	0.00		8,275.00		-8,275.00		0.0%	
511.303	ꞏ Nutritional Control/Mulch	0.00		3,500.00		-3,500.00		0.0%	
511.307	ꞏ Lawn/Landscape Maintenance	7,160.00		16,500.00		-9,340.00		43.39%	
511.308	ꞏ Miscellaneous Maintenance	0.00		6,613.00		-6,613.00		0.0%	
511.309	ꞏ Entrance Features	0.00		1,000.00		-1,000.00		0.0%	
511.310	ꞏ Engineering	0.00		1,500.00		-1,500.00		0.0%	
511.311	ꞏ Management Fees	8,965.00		21,516.00		-12,551.00		41.67%	
511.312	ꞏ Secretarial Fees	1,125.00		2,700.00		-1,575.00		41.67%	
511.315	ꞏ Legal Fees	2,072.50		8,000.00		-5,927.50		25.91%	
511.318	ꞏ Assessment/Tax Roll	0.00		3,500.00		-3,500.00		0.0%	
511.320	ꞏ Audit Fees	0.00		3,600.00		-3,600.00		0.0%	
511.450	ꞏ Insurance	7,523.00		7,100.00		423.00		105.96%	
511.480	ꞏ Legal Advertisements	517.71		2,300.00		-1,782.29		22.51%	
511.512	ꞏ Miscellaneous	207.21		800.00		-592.79		25.9%	
511.513	ꞏ Postage and Delivery	59.01		200.00		-140.99		29.51%	
511.514	ꞏ Office Supplies	87.75		450.00		-362.25		19.5%	
511.516	ꞏ Website Management Fee	729.15		1,750.00		-1,020.85		41.67%	
511.540	ꞏ Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
511.733	ꞏ Trustee Fees	0.00		4,100.00		-4,100.00		0.0%	
511.734	ꞏ Continuing Disclosure Fee	0.00		250.00		-250.00		0.0%	
Total Expense	29,482.53		100,309.00		-70,826.47		29.39%	
Net Income		59,410.33		0.00		59,410.33		100.0%	

RIVERSIDE PARK 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	
Administrative Assessments	62,975	0	56,663	
Maintenance Assessments	39,774	0	35,776	
Debt Assessments	118,812	0	106,868	
Other Revenue	0	0	0	
Interest Income	1,200	0	1,045	
Total Revenues	$	222,761	$	-	$	200,352	
				
EXPENDITURES				
MAINTENANCE EXPENDITURES				
Lawn/Landscape Maintenance	16,500	1,000	7,160	
Entrance Features	1,000	0	0	
Miscellaneous Maintenance/Improvements	6,613	0	0	
Border Hedge/Monument/Fence	8,275	0	0	
Nutritional Control/Mulch	3,500	0	0	
Engineering/Inspections	1,500	0	0	
Contingency/Reserve ($16,270 Available)*	0	0	0	
TOTAL MAINTENANCE EXPENDITURES	$	37,388	$	1,000	$	7,160	
				
ADMINISTRATIVE EXPENDITURES				
Supervisor Fees	6,000	0	800	
Payroll Taxes - Employer	480	0	61	
Management	21,516	1,793	8,965	
Secretarial	2,700	225	1,125	
Legal	8,000	0	2,073	
Assessment Roll	3,500	0	0	
Audit Fees	3,600	0	0	
Insurance	7,100	0	7,523	
Legal Advertisements	2,300	0	518	
Miscellaneous	800	31	207	
Postage	200	0	59	
Office Supplies	450	7	88	
Dues & Subscriptions	175	0	175	
Trustee Fee	4,100	0	0	
Continuing Disclosure Fee	250	0	0	
Website Management	1,750	146	729	
TOTAL ADMINISTRATIVE EXPENDITURES	$	62,921	$	2,202	$	22,323	
				
Total Expenditures	$	100,309	$	3,202	$	29,483	
				
Revenues Less Expenditures	$	122,452	$	(3,202)	$	170,869	
				
Bond Payments	(111,683)	0	(101,561)	
				
Balance	$	10,769	$	(3,202)	$	69,308	
				
County Appraiser & Tax Collector Fee	(4,431)	0	(1,913)	
Discounts For Early Payments	(8,863)	0	(7,985)	
				
Excess/ (Shortfall)	$	(2,525)	$	(3,202)	$	59,410	
				
Carryover From Prior Year	2,525	0	0	
				
Net Excess/ (Shortfall)	$	-	$	(3,202)	$	59,410	

* Contingency/Reserve Funds Can Be Used In Fiscal Year 25/26 or in Future Fiscal Years. Original Balance = $36,680. Current Balance = $16,270.

Bank Balance As Of 2/28/26	$	470,139.95	
Accounts Payable As Of 2/28/26	$	16,870.51	
Accounts Receivable As Of 2/28/26	$	-	
Reserve Funds As Of 2/28/26	$	16,270.00	
Available Funds As Of 2/28/26	$	436,999.44	

RIVERSIDE PARK CDD TAX COLLECTIONS 2025-2026

#	

ID#	

PAYMENT FROM	

DATE	

FOR	

Tax Collect Receipts	

Interest Received	

Fees	

Discount	

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

Debt Assessment Paid to Trustee	
									$	221,564	$	62,976	$	39,776	$	118,812	$	62,976	$	39,776	$	118,812		
									$	211,992	$	62,921	$	37,388	$	111,683	$	62,921	$	37,388	$	111,683	$	111,683	
1	1	Miami-Dade Tax Collector	12/05/25	NAV Taxes	$  173,256.32		$ (1,663.26)	$  (6,930.19)	$	164,662.87	$ 49,256.77	$	31,099.51	$	92,900.04	$ 46,813.66	$  29,556.98	$	88,292.23	$	88,292.23	
2	2	Miami-Dade Tax Collector	11/28/25	NAV Taxes	$	15,211.14		$  (146.02)	$	(608.44)	$	14,456.68	$  4,324.53	$	2,730.40	$	8,156.21	$  4,110.04	$	2,594.98	$	7,751.66	$	7,751.66	
3	3	Miami-Dade Tax Collector	11/17/25	NAV Taxes	$	9,778.59		$	(93.88)	$	(391.14)	$	9,293.57	$  2,780.05	$	1,755.26	$	5,243.28	$  2,642.16	$	1,668.20	$	4,983.21	$	4,983.21	
4	4	Miami-Dade Tax Collector	11/25/25	NAV Taxes	$	1,060.90		$	(10.05)	$	(55.70)	$	995.15	$	301.62	$	190.43	$	568.85	$	282.93	$	178.63	$	533.59	$	533.59	
5									$	-							$	-	
6									$	-							$	-	
7									$	-							$	-	
8									$	-							$	-	
9									$	-							$	-	
10									$	-							$	-	
11									$	-							$	-	
12									$	-							$	-	
13									$	-							$	-	
14									$	-							$	-	
15									$	-							$	-	
16									$	-							$	-	
					$ 199,306.95	$	-	$ (1,913.21)	$ (7,985.47)	$	189,408.27	$ 56,662.97	$  35,775.60	$ 106,868.38	$ 53,848.79	$  33,998.79	$ 101,560.69	$  101,560.69	

Assessment Roll			Collections	Note: Top line are 2025/2026 budgeted assessments before discounts and fees.	
Admin:	$62,976.00		89.95%	Bottom line are 2025/2026 budgeted assessments after discounts and fees.	
Maint:	$39,776.15				
Debt:	$118,811.84				
Total	$221,563.99				
				$	199,306.95	
				$	-	$  189,408.27	

$	(56,662.97)	$  (53,848.79)	
$	(35,775.60)	$  (33,998.79)	
$	(106,868.38)	$ (101,560.69)	
$	-		$	-	

Riverside Park Community Development District Contingency/Reserve Expenditures
October 2015 - February 2026

	Date		Invoice #		Vendor		Description		Amount	
Contingency/Reserve	

10/15/2015		

Inv# 10152015863		

Jag Painting Contractors Inc.		

Deposit for invoice 10152015863 (Cleaning & Painting)		

2,450.00	
	11/01/2015		Inv# 10152015863A		Jag Painting Contractors Inc.		Final Payment for invoice 10152015863 (Cleaning & Painting)		2,450.00	
	12/07/2015		Inv# 8624		Crespo Lawn Service, Inc.		Installation Of 16 Solar Power Lights		1,210.00	
	02/22/2018		Inv #1304		Royal Plastering Corp.		Fence Repairs & Replacement		14,300.00	

0.00
Total	20,410.00

Original Funds Available For Contingency/Reserve	
Contingency/Reserve Expenditures As Of 2/28/26	
Contingency/Reserve Funds Balance As Of 2/28/26	

$ 36,680.00	
$ 20,410.00	
$ 16,270.00