KEYS EDGE COMMUNITY DEVELOPMENT
DISTRICT

MIAMI-DADE COUNTY SPECIAL BOARD MEETING DECEMBER 14, 2023
10:00 A.M.

Special District Services, Inc. 8785 SW 165th Avenue, Suite 200
Miami, FL 33193

www.keysedgecdd.org 786.347.2700 ext. 2027 Telephone 877.SDS.4922 Toll Free 561.630.4923 Facsimile

AGENDA
KEYS EDGE COMMUNITY DEVELOPMENT DISTRICT
Conference Room 1200 NW 4th Street
Homestead, Florida 33030
SPECIAL BOARD MEETING
December 14, 2023
10:00 a.m.

Call to Order
Proof of Publication	Page 1
Seat Elected Board Members and/or New Board Members
Administer Oath of Office & Review Board Member Responsibilities and Duties
Establish Quorum
Election of Officers
Chairperson
Vice Chairperson
Secretary/Treasurer
Assistant Secretary
Confirmation of Landowners’ Election Results
Additions or Deletions to Agenda
Comments from the Public for Items Not on the Agenda
Approval of Minutes
1.  May 24, 2023 Regular Board Meeting & Public Hearing	Page 2
Old Business
1.  Update Regarding Petition to Amend District Boundary – Miami-Dade County
New Business
1.  Consider Resolution No. 2023-05 – Adopting a Fiscal Year 2022/2023 Amended Budget	Page 6
Administrative & Operational Matters
Board Member & Staff Closing Comments
Adjourn

AFFIDAVIT OF PUBLICATION

Account #	Order Number	Identification	Order PO	Amount	Cols	Depth	
127480	497533	Print Legal Ad-IPL01509420 - IPL0150942		$567.58	1	65 L	

Attention:

Laura Archer

PUBLISHED DAILY

Special District Services, Inc. 10294 Allamanda Blvd
Palm Beach Gardens, FL 33410 larcher@sdsinc.org

MIAMI-DADE-FLORIDA
STATE OF FLORIDA COUNTY OF MIAMI-DADE
Before the undersigned authority personally appeared: Stefani Beard, who on oath says that he/she is CUSTODIAN OF RECORDS of The Miami Herald, a daily newspaper published at Miami in Miami-Dade County, Florida; that the attached copy of the advertisement that was published was published in said newspaper in the issue(s) of:
Publication: Miami Herald 1 insertion(s) published on:
12/07/23

Affiant further says that the said Miami Herald is a newspaper published at Miami, in the said Miami-Dade County, Florida and that the said newspaper has heretofore been continuously published in said Dade County, Florida each day and has been entered a second class mail matter at the post office in Miami, in said Miami-Dade County, Florida, for a period of one year next preceding the first publication of the attached copy of advertisement; and affiant further says that he/she has neither paid or promised any person, firm or corporation any discount, rebate, commission or refund for the purpose of securing this advertisement for publication in the said newspaper(s).

Sworn to and subscribed before me this 7th day of December in the year of 2023

Notary Public in and for the state of Texas, residing in Dallas County

Extra charge for lost or duplicate affidavits. Legal document please do not destroy!

KEYS EDGE COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING & PUBLIC HEARING MAY 24, 2023

CALL TO ORDER

District Manager Nancy Nguyen called the May 24, 2023, Regular Board Meeting of Keys Edge Community Development District (the “District”) to order at 3:00 p.m. in the Conference Room located at 1200 NW 4th Street, Homestead, Florida 33030.

PROOF OF PUBLICATION

Ms. Nguyen presented proof of publication that notice of the Regular Board Meeting had been published in the Miami Daily Business Review on January 17, 2023, as part of the District’s Revised Fiscal Year 2022/2023 Regular Meeting Schedule, as legally required.

ESTABLISH A QUORUM

Ms. Nguyen determined that the attendance of Chairwoman Alicia Ale, and Supervisors Ronald Fields and Fernando Arango constituted a quorum and it was in order to proceed with the meeting.

Staff members in attendance were: District Manager Nancy Nguyen of Special District Services, Inc.; and District 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
March 22, 2023, Regular Board Meeting

Ms. Nguyen presented the minutes of the March 22, 2023, Regular Board Meeting and asked if there were any changes and/or corrections.

There being no changes, a motion was made by Mr. Fields, seconded by Ms. Ale and unanimously passed approving the minutes of the March 22, 2023, Regular Board Meeting, as presented.

NOTE: At approximately 3:01 p.m., Ms. Nguyen recessed the Regular Meeting and simultaneously opened the Public Hearing.

PUBLIC HEARING
Proof of Publication

Page 1 of 4

Ms. Nguyen presented proof of publication that notice of the Public Hearing had been published in the Miami Daily Business Review on May 4, 2023, and May 11, 2023, as legally required.

Receive Public Comments on Fiscal Year 2023/2024 Final Budget

Ms. Nguyen opened the public comment portion of the Public Hearing to receive comments on the 2023/2024 fiscal year final budget and non-ad valorem special assessments. There being no comments, Ms. Nguyen closed the public comment portion of the Public Hearing.

Consider Resolution No. 2023-02 – Adopting a Fiscal Year 2023/2024 Final Budget

Ms. Nguyen presented Resolution No. 2023-02, entitled:

RESOLUTION NO. 2023-02

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE KEYS EDGE COMMUNITY DEVELOPMENT DISTRICT APPROVING AND ADOPTING A FISCAL YEAR 2023/2024 FINAL BUDGET PURSUANT TO CHAPTER 190, FLORIDA STATUTES; AND PROVIDING AN EFFECTIVE DATE.

Ms. Nguyen stated that the document provides for approving and adopting the fiscal year 2023/2024 final budget. A discussion ensued after which:

A motion was made by Mr. Arango, seconded by Ms. Ale and unanimously passed approving and adopting Resolution No. 2023-02, as presented, thereby setting the Fiscal Year 2023/2024 final budget.

NOTE: At approximately 3:02 p.m., Ms. Nguyen closed the Public Hearing and simultaneously reconvened the Regular Meeting.

OLD BUSINESS
Update Regarding Petition to Expand District Boundaries

Ms. Nguyen stated that Miami-Dade County (the “County”) was unable to provide a definitive date for the first reading and Public Hearing for the Petition to Amend the District Boundaries; however, at best, they are predicting September 2023.

Ms. Wald explained that the Commissioners were on break during the month of August so there are many items on their agenda that will be pushed to September.

More information will be provided on this item once it becomes available.

NEW BUSINESS
Consider Developer Funding Agreement

Ms. Nguyen presented the Developer’s Funding Agreement for the Fiscal Year 2023/2024 between the District and the Developer regarding lands within the boundaries of the District, Onx-Odagled

Page 2 of 4

Grand Palms, LLC and Onx-Odagled Grand Palms II, LLC, (the “Agreement”). Ms. Nguyen provided an explanation for the Agreement. A discussion ensued after which:

A motion was made by Mr. Fields, seconded by Ms. Ale and unanimously passed approving and adopting, as presented, the Developer’s Funding Agreement for the Fiscal Year 2023/2024 between the District and Onx-Odagled Grand Palms, LLC and Onx-Odagled Grand Palms II, LLC.

Consider Resolution No. 2023-03 – Adopting a Fiscal Year 2023/2024 Meeting Schedule

Resolution No. 2023-03 was presented, entitled:

RESOLUTION NO. 2023-03

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE KEYS EDGE COMMUNITY DEVELOPMENT DISTRICT, ESTABLISHING A REGULAR MEETING SCHEDULE FOR FISCAL YEAR 2023/2024 AND SETTING THE TIME AND LOCATION OF SAID DISTRICT MEETINGS; AND PROVIDING AN EFFECTIVE DATE.

Ms. Nguyen provided an explanation for the document. A discussion ensued after which:

A motion was made by Mr. Fields, seconded by Ms. Ale and unanimously passed approving and adopting Resolution No. 2023-03, as presented, thereby setting the 2023/2024 regular meeting schedule and authorizing the publication of same, as required by law.

Consider Resolution No. 2023-04 – Calling for a Landowners’ Meeting

Ms. Nguyen presented Resolution No. 2023-04, entitled:

RESOLUTION NO. 2023-04

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE KEYS EDGE COMMUNITY DEVELOPMENT DISTRICT ORDERING AND CALLING FOR A LANDOWNERS’ MEETING AND PUBLIC NOTICE THEREOF FOR THE KEYS EDGE COMMUNITY DEVELOPMENT DISTRICT’S ELECTION OF MEMBERS TO THE BOARD OF SUPERVISORS; AND PROVIDING AN EFFECTIVE DATE.

Ms. Nguyen gave an explanation for the resolution and provided the Election Procedures, proxy form and sample ballots. Furthermore, Ms. Nguyen stated that the terms of office for Seat #2 (vacant seat), Seat #3 (currently held by Ronald Fields), and Seat #5 (currently held by Miriam Lopez) were expiring in November 2023. A discussion ensued after which:

A motion was made by Mr. Fields, seconded by Ms. Ale and passed unanimously approving and adopting Resolution No. 2023-04, as presented; setting the Landowners’ Meeting for November 15, 2023, at 3:00 p.m.; and authorizing publication of the Landowners’ Meeting, as required by law.

ADMINISTRATIVE & OPERATIONAL MATTERS
Statement of Financial Interests 2022 Form 1 – Filing Deadline: July 1, 2023
Page 3 of 4

Board Members were reminded of the importance of completing and mailing to the Supervisor of Elections within the County of residency their individual 2022 Statement of Financial Interests Form 1. The deadline for submittal is July 1, 2023.

BOARD MEMBER & STAFF CLOSING COMMENTS

There were no further comments from Board Members or District Staff.

ADJOURNMENT

There being no further business to come before the Board, a motion was made by Ms. Ale, seconded by Mr. Fields and unanimously passed adjourning the Regular Board Meeting at approximately 3: 05 p.m.

Secretary/Assistant Secretary	Chair/Vice Chair

Page 4 of 4

RESOLUTION NO. 2023-05

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE KEYS EDGE COMMUNITY DEVELOPMENT DISTRICT AUTHORIZING AND ADOPTING AN AMENDED FINAL FISCAL YEAR 2022/2023 BUDGET (“AMENDED BUDGET”), PURSUANT TO CHAPTER 189, FLORIDA STATUTES; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Board of Supervisors (the “Board”) of the Keys Edge Community Development District (the “District”) is empowered to provide a funding source and to impose special assessments upon the properties within the District; and,

WHEREAS, the District has prepared for consideration and approval an Amended Budget.

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

Section 1.  The Amended Budget for Fiscal Year 2022/2023 attached hereto as Exhibit “A” is hereby approved and adopted by Board.

Section 2.  The Secretary/Assistant Secretary of the District is authorized to execute any and all necessary transmittals, certifications or other acknowledgements or writings, as necessary, to comply with the intent of this Resolution.

PASSED, ADOPTED and BECOMES EFFECTIVE this 14th day of December, 2023.

ATTEST:	KEYS EDGE
COMMUNITY DEVELOPMENT DISTRICT

By:			By:		 Secretary/Assistant Secretary			Chair/Vice Chair

Keys Edge Community Development District

Amended Final Budget For Fiscal Year 2022/2023
October 1, 2022 - September 30, 2023

CONTENTS

I	AMENDED FINAL OPERATING FUND BUDGET

AMENDED FINAL BUDGET
KEYS EDGE COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
FISCAL YEAR 2022/2023 OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	FISCAL YEAR 2022/2023 BUDGET
10/1/22 - 9/30/23	AMENDED FINAL BUDGET
10/1/22 - 9/30/23	YEAR TO DATE ACTUAL
10/1/22 - 9/29/23	
ADMINISTRATIVE ASSESSMENTS	0	0	0	
MAINTENANCE ASSESSMENTS	0	0	0	
DEVELOPER CONTRIBUTION	109,825	64,065	64,065	
DEBT ASSESSMENTS	0	0	0	
INTEREST INCOME	0	480	480	
TOTAL REVENUES	$	109,825	$	64,545	$	64,545	
				
EXPENDITURES				
				
ADMINISTRATIVE EXPENDITURES				
SUPERVISOR FEES	0	0	0	
MANAGEMENT	26,100	26,100	26,100	
LEGAL	13,000	6,065	6,065	
ASSESSMENT ROLL	10,000	0	0	
AUDIT FEES	4,000	3,000	3,000	
ARBITRAGE REBATE FEE	0	0	0	
INSURANCE	8,000	6,287	6,287	
LEGAL ADVERTISING	3,500	1,000	511	
MISCELLANEOUS	1,500	1,000	609	
POSTAGE	300	170	161	
OFFICE SUPPLIES	750	225	190	
DUES & SUBSCRIPTIONS	175	175	175	
TRUSTEE FEES	0	0	0	
CONTINUING DISCLOSURE FEE	0	0	0	
WEBSITE MANAGEMENT	2,000	2,000	2,000	
TOTAL ADMINISTRATIVE EXPENDITURES	$	69,325	$	46,022	$	45,098	
				
MAINTENANCE EXPENDITURES				
ENGINEERING/INSPECTIONS	5,000	1,000	0	
STREET/ROADWAY MAINTENANCE/SIGNAGE	3,000	0	0	
COMMON AREA MAINTENANCE	18,000	0	0	
ENTRY FEATURE MAINTENANCE	12,000	0	0	
MAINTENANCE CONTINGENCY	2,500	2,500	0	
TOTAL MAINTENANCE EXPENDITURES	$	40,500	$	3,500	$	-	
				
TOTAL EXPENDITURES	$	109,825	$	49,522	$	45,098	
				
REVENUES LESS EXPENDITURES	$	-	$	15,023	$	19,447	
				
BOND PAYMENTS	0	0	0	
				
BALANCE	$	-	$	15,023	$	19,447	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	0	0	0	
DISCOUNTS FOR EARLY PAYMENTS	0	0	0	
				
EXCESS/ (SHORTFALL)	$	-	$	15,023	$	19,447	
				
CARRYOVER FROM PRIOR YEAR	0	0	0	
				
NET EXCESS/ (SHORTFALL)	$	-	$	15,023	$	19,447	

FUND BALANCE AS OF 9/30/22	
FY 2022/2023 ACTIVITY	
FUND BALANCE AS OF 9/30/23	

$21,007	
$15,023	
$36,030