ISLANDS AT DORAL (NE) COMMUNITY DEVELOPMENT DISTRICT

MIAMI-DADE COUNTY REGULAR BOARD MEETING MARCH 11, 2025
7:00 P.M.

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

Call to Order

AGENDA ISLANDS AT DORAL (NE)
COMMUNITY DEVELOPMENT DISTRICT
Doral Legacy Park – 2nd Floor Conference Room 11400 NW 82nd Street
Doral, Florida 33178
REGULAR BOARD MEETING
March 11, 2025
7:00 p.m.

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
January 14, 2025 Regular Board Meeting Minutes	Page 2
Old Business
New Business
Accept and Receive the Master Association Request for Amendment to the Existing
Maintenance Agreement	Page 8
Consider Approval of the Second Amendment Between the District and the Master
Association, Maintenance Agreement	Page 9
Discussion Regarding the Proposed 2025 O&M Assessment for the District Roads and
Drainage System	Page 10
Consider Approval of First Amendment to SDS Agreement adding Field Operations
Management Services	Page 12
Consider Resolution No. 2025-04 – Approving a Proposed Budget for FY 2025/2026	Page 15
Administrative Matters
Financial Update	Page 22
District Counsel Report
Stormwater System Legal Requirements Update Memorandum	Page 26
Board Member/Staff Comments and Requests
Adjourn

AFFIDAVIT OF PUBLICATION

Account #	Order Number	Identification	Order PO	Amount	Cols	Depth	
142041	594175	Print Legal Ad-IPL01950010 - IPL0195001		$647.22	2	43 L	

Attention:

Laura J. Archer

PUBLISHED DAILY

Islands at Doral - NE Community Development District c/o Special District Services, Inc.
2501A Burns Road
Palm Beach Gardens, Florida 33410 LArcher@sdsinc.org

MIAMI-DADE-FLORIDA
STATE OF FLORIDA COUNTY OF MIAMI-DADE
Before the undersigned authority personally appeared: Mary Castro, 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:
09/20/24

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).The McClatchy Company complies with all legal requirements for publication in chapter 50, Florida Statutes.

Sworn to and subscribed before me this 20th day of September in the year of 2024

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!

ISLANDS AT DORAL (NE) COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING
JANUARY 14, 2025

CALL TO ORDER

The January 14, 2025, Regular Board Meeting of the Islands at Doral (NE) Community Development District (the “District”) was called to order at 7:33 p.m. in the Second Floor Conference Room of Doral Legacy Park located at 11400 NW 82nd Street, Doral, Florida 33178.

PROOF OF PUBLICATION

Proof of publication was presented that notice of the Regular Board Meeting had been published in the Miami Herald on November 1, 2024, as part of the District’s Fiscal Year 2024/2025 Meeting Schedule, as legally required.

ESTABLISH A QUORUM

It was determined that the attendance of Chairman Jesus Arias, Vice Chairman Nestor Garcia and Supervisor Denis Schiavi constituted a quorum and it was in order to proceed with the meeting.

Staff in attendance included: District Manager Gloria Perez of Special District Services, Inc.; and General Counsel Gregory George of Billing, Cochran, Lyles, Mauro & Ramsey, P.A.

WELCOME AND SEAT NEW BOARD MEMBER AND ADMINISTER OATH OF OFFICE

Mrs. Perez welcomed and seated incumbent Nestor Garcia to Seat #4 who was elected to a 4-year term via the November 5, 2024, General Election and whose term expires in November 2028.

Mrs. Perez, as Notary Public in the State of Florida, administered the Oath of Office to Nestor Garcia. The Supervisor had already been provided with the Financial Disclosure Form-1 required for this year (2024 Form-1).

DECLARE VACANCY IN SEAT #3

Mrs. Perez noted that since no one had qualified for Seat #3, a vacancy would be declared, and appointments could be made thereafter.

A MOTION was made by Supervisor Garcia, seconded by Supervisor Arias and unanimously passed declaring a vacancy in Seat #3, which term expires in 2028.

CONSIDER APPOINTMENT TO VACANT SEAT

No appointment was made at this time.

ELECTION OF OFFICERS

Mrs. Perez stated that it would now be in order to elect the Officers of the District. She noted the roles of Armando Silva, Nancy Nguyen and herself regarding appointments to office and stated that

nominations would be in order for Chairperson and Vice-Chair. She indicated that the remaining three Supervisors would be designated as Assistant Secretaries.

A discussion ensued and the following slate was nominated without any changes:

Chairperson – Jesus Arias
Vice Chairperson – Nestor Garcia
Assistant Secretary – Dunia Cuneo
Assistant Secretary – Denis Schiavi
Secretary/Treasurer – Gloria Perez
Assistant Secretaries - Armando Silva and Nancy Nguyen (District Managers with Special District Services, Inc. in Mrs. Perez’s absence)

A MOTION was made by Supervisor Garcia, seconded by Supervisor Arias and unanimously passed electing the above Slate of Officers, as nominated.

ADDITIONS OR DELETIONS TO THE AGENDA

Mrs. Perez announced the addition of an agenda item under New Business M.4 to address the matter of the Master Association Notice of Termination of Certain Responsibilities.

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 14, 2024, Public Hearing & Regular Board Meeting

The May 14, 2024, Public Hearing & Regular Board Meeting minutes were presented for approval.

A MOTION was made by Supervisor Garcia, seconded by Supervisor Arias and unanimously passed approving the minutes of the May 14, 2024, Public Hearing & Regular Board Meeting, as presented.

OLD BUSINESS

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

NEW BUSINESS
Consider Resolution No. 2025-01 – Adopting a Fiscal Year 2023/2024 Amended Budget

Mrs. Perez presented Resolution No. 2025-01, entitled:

RESOLUTION NO. 2025-01

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE ISLANDS AT DORAL (NE) COMMUNITY DEVELOPMENT DISTRICT AUTHORIZING AND ADOPTING AN AMENDED FINAL FISCAL YEAR 2023/2024 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, 2024. 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 Garcia, seconded by Supervisor Arias and unanimously passed adopting Resolution No. 2025-01, adopting a Fiscal Year 2023/2024 Amended Budget.

Consider Resolution No. 2025-02 – Adopting Goals and Objectives

Mrs. Perez presented Resolution No. 2025-02, entitled:

RESOLUTION 2025-02

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE ISLANDS AT DORAL (NE) COMMUNITY DEVELOPMENT DISTRICT ADOPTING GOALS, OBJECTIVES, AND PERFORMANCE MEASURES AND STANDARDS; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.
Mr. George provided an overview of the resolution.

A MOTION was made by Supervisor Garcia, seconded by Supervisor Cuneo and unanimously passed adopting Resolution No. 2025-02, as presented.

Consider Resolution No. 2025-03 – Registered Agent Change

Resolution No. 2025-03 was presented, entitled:

RESOLUTION 2025-03

A RESOLUTION OF THE ISLANDS AT DORAL (NE) COMMUNITY DEVELOPMENT DISTRICT DESIGNATING MICHAEL J. PAWELCZYK AS THE DISTRICT’S REGISTERED AGENT AND DESIGNATING THE OFFICE OF BILLING, COCHRAN, LYLES, MAURO & RAMSEY, P.A. AS THE REGISTERED OFFICE

Mr. George provided an overview of the resolution.

A MOTION was made by Supervisor Garcia, seconded by Supervisor Arias and passed unanimously adopting Resolution No. 2025-03, as presented.

Accept and Receive Master Association Notice of Termination of Certain Responsibilities

Mrs. Perez advised of the Master Association Notice of Termination of Certain Responsibilities and provided the emailed notice via handout.
From: John Giancola <John.Giancola@fsresidential.com>
Sent: Friday, January 10, 2025 4:58 PM
To: Gloria Perez <gperez@sdsinc.org>
Cc: Alexander Candelario <Alexander.Candelario@fsresidential.com>

Subject: Islands at Doral - Notice of Termination of Responsibility for Storm Management System and Roadways

Dear Islands at Doral NE CDD,

ATTN: Gloria Perez, District Manager and/or Board of Supervisors
This letter serves as formal notice that, based on the First Amendment to Maintenance Agreement approved on November 8, 2018, the Islands at Doral Master Association will be terminating its responsibility for the storm management system and roadways, effective November 1, 2025.

Per the provisions outlined in the amendment, Islands at Doral Master Association will no longer oversee or maintain the storm management system and roadways as part of its responsibilities. However, the association will retain responsibility for the lake and the landscape maintenance around the lakes to ensure the aesthetic and environmental integrity of the community.
Should you require any additional documentation or assistance in this matter, please do not hesitate to contact me.

Thank you for your attention to this matter.

Mrs. Perez explained that the District historically had not collected assessments for the maintenance of the stormwater management system or the roads and that it would need to add these items to the upcoming FY 2025/2026 Proposed Budget. Mr. George recommended that an amendment be made to the agreement currently in place versus the termination of the agreement and creation of a new one.

A discussion ensued and the Board did not accept and receive the emailed correspondence for the termination of certain responsibilities and instead directed District management to request that letter be mailed to both District Counsel and District management pursuant to the terms of the agreement.

AUDITOR SELECTION COMMITTEE
Ranking of Proposals/Consider Selection of an Auditor

Mrs. Perez then recessed the Regular Board Meeting and opened a meeting of the Auditor Selection Committee.

Mrs. Perez noted that the purpose of the Audit Committee Meeting was to rank and recommend, in order of preference, the auditor’s proposals. She explained that Grau & Associates was the only firm that had responded. A discussion ensued after which:

A MOTION was made by Supervisor Garcia, seconded by Supervisor Arias and unanimously passed waiving the requirement for the minimum number of proposals and ranking Grau & Associates as number 1, and for said qualified provider to perform the auditing services.

There being no further Audit Committee business to conduct, Mrs. Perez adjourned the Audit Committee Meeting and simultaneously reconvened the Regular Board Meeting.

A discussion ensued after which the Board, acting as the District Board, accepted the recommendation of the Audit Committee as follows:

A MOTION was made by Supervisor Garcia, seconded by Supervisor Arias and unanimously passed waiving the requirement for the minimum number of proposals, accepting the recommended ranking and approving the engagement of the auditing firm of Grau & Associates, a qualified auditing firm, to perform audits for the fiscal years ending September 30, 2024, September 30, 2025, and September 30, 2026, at the following rates:

Audit for fiscal year ended September 30, 2024, in the amount of $3,500; Audit for fiscal year ending September 30, 2025, in the amount of $3,600; and Audit for fiscal year ending September 30, 2026, in the amount of $3,700

and further approving/authorizing District management to negotiate fees for the fiscal years ending 2027 and 2028, as proposed by Grau at $3,800 and $3,900, respectively, for future extension consideration.

ADMINISTRATIVE MATTERS
Financial Update

Mrs. Perez presented the financial statement through February 2024. She pointed out that the available funds as of December 31, 2024, were $103,823.58.

A MOTION was made by Supervisor Garcia, seconded by Supervisor Arias and passed unanimously ratifying and approving the financial statement, as presented.

Accept and Receive 2024 Engineer’s Report

Mrs. Perez presented the Annual Engineer’s Report, which was provided in the meeting book for the Board’s review.

A MOTION was made by Supervisor Garcia, seconded by Supervisor Arias and unanimously passed accepting and receiving the District’s 2024 Annual Engineer’s Report, as presented.

BOARD MEMBER/STAFF COMMENTS
Supervisor Garcia asked for District management to report on behalf of the District one of the lake fountains located between NW 112 and NW 110 and off of 86th Street and 84th Street that has not had its lights functioning for over a year.

ADJOURNMENT

There being no further business to come before the Board, a MOTION was made by Supervisor Garcia, seconded by Supervisor Arias and passed unanimously adjourning the Regular Board Meeting at 8:26 p.m.

ATTEST:

Secretary/Assistant Secretary	Chairman/Vice-Chair

John Giancola, LCAM 5200 Waterford District Dr. Ste: 1000
Miami, FL, 33126
J.Qbn,.Giancola@fsresidential.com
516-473-1588

Dear Islands at Doral NE COD,

ATTN: Gloria Perez, District Manager and/or Board of Supervisors

This letter serves as formal notice that, based on the First Amendment to Maintenance Agreement approved on November 8, 2018, the Islands at Doral Master Association will be amending its responsibility for the storm management system and roadways,
effective November 1, 2025.

Per the provisions outlined in the amendment, Islands at Doral Master Association will no longer oversee or maintain the storm management system and roadways as part of its responsibilities. However, the association will retain responsibility for the lake and the landscape maintenance around the lakes to ensure the aesthetic and environmental integrity of the community.

Should you require any additional documentation or assistance in this matter, please do not hesitate to contact me.

Thank you for your attention to this matter.

CONSIDER APPROVAL OF THE SECOND AMENDMENT BETWEEN THE DISTRICT AND THE MASTER ASSOCIATION, MAINTENANCE AGREEMENT

TO BE DISTRIBUTED UNDER SEPARATE COVER

Alvarez Engineers, Inc.	IAD (NE) Proposed 2025 O and M Assmt. for CDD Roads and Drainage System

1/28/2025

Estimated Annuity to Finance the Milling and Resurfacing of CDD Roads in Nine Years Within the Townhomes and Condo Areas (Does not include parking).

CDD Roads Pavement Service Life in TWH and Condo Areas (30 Years Estimated)	

CDD Present Year	
Remaining Service Life (Yrs)	
Present Year Cost (PC) of Pavement Replacement (Mill unit cost $3 and Resurface 3/4" Thick unit cost
$7)	
Future Replacement Cost @ End of Service Life*	

Annual Interest Rate	
Annuity to Finance (FC) in (n) Years given (i)	
From	To		(n)	Quantity (SY)	Unit Cost ($/SY)	(PC)	(FC)	(i)	FCi/((1+i)^n-1)	
2004	2034	2025	9	30,500	$10.00	$305,000	$405,345	0.25%	$44,590	
* Using Florida Department of Transportation Inflation Factors							

Estimated Annuity to Finance Replacing the CDD Pavement Markings and Signs in Nine Years Within the Townhomes and Condo Areas (Does not include Parki

Signs & Mariking Service Life (10 Years Estimated)	

Present Year	
Remaining Service Life (Yrs)	

Present Year Cost (PC) of Signs & Marking	
Future Replacement Cost @ End of Service Life*	

Annual Interest Rate	
Annuity to Finance (FC) in (n) Years given (i)	
From	To		(n)	Quantity (SY)	Unit Cost ($/SY)	(PC)	(FC)	(i)	FCi/((1+i)^n-1)	
2022	2034	2025	9	30,500	$2.00	$61,000	$81,069	0.25%	$8,918	
* Using Florida Department of Transportation Inflation Factors							

Total Pavement, Signs and Markings Annual Cost	$53,508	

Projected Annual Assessments to Finance the Resurfacing, Restoration and Rehablitiation of Roads in the Townhomes and Condo Areas in 9 Years.

Residential Type	
ERU Assigned (Taken from 2004 Assmt. Methodology)	

No. of Units	

Roads Ownership	
Total ERUs (No. Units x ERU Assigned)	Allocation of Yearly Pavement and Signs and Markings per Residential Group.	
Yearly Allocation Per Unit	
SFH	1.000	66	City	66.00	$10,108	$153.15	
TWH	0.714	125	CDD	89.25	$13,668	$109.35	
CONDO	0.571	340	CDD	194.14	$29,732	$87.45	
Totals	531		349.39	$53,508		

Estimate Annuity to Finance the Milling and Resurfacing of CONDO Parking Spaces in 9 Years.

CONDO Parking Areas (30 Years Estimated)	

PresentYear	
Remaining Service Life (Yrs)	
Present Year Cost (PC) of Pavement Replacement (Mill unit cost $3 and Resurface 3/4" Thick unit cost
$7 and Replacing Pavement Markings and Signs at $2 Per SY)	
Future Replacement Cost @ End of Service Life*	

Annual Interest Rate	
Annuity to Finance (FC) in (n) Years given (i)	
From	To		(n)	Quantity (SY)	Unit Cost ($/SY)	(PC)	(FC)	(i)	FCi/((1+i)^n-1)	
2004	2034	2025	9	12,656	$12.00	$151,867	$201,831	0.25%	$22,202	
* Using Florida Department of Transportation Inflation Factors							

Alvarez Engineers, Inc.	IAD (NE) Proposed 2025 O and M Assmt. for CDD Roads and Drainage System

1/28/2025

Estimated Annuities to Finance the Maintenance of the CDD-Owned Drainage System (Drainage in SFH Area by the City. Lakes by Master Association).
Total No. Structures in CDD	
Total LF Pipes	No. Structures with Pipes Serviced per Year	Cost/EA
Structure (Includes Cleaning, and Baffle	Cost/LF Pipe
(Includes Cleaning, Video, Dewatering,	Total Budget Amount Per Year	
		Year 1	Year 2	Year 3	Year 4	Year 5				
91	9479	19					$250.00	$6.70	$17,500	
			19				$255.00	$7.00	$18,200	
				19			$260.00	$7.40	$19,000	
					19		$265.00	$8.10	$20,400	
						19	$271.00	$9.20	$22,600	

Projected Annual Assessments to Finance the CDD-Owned Drainage System in 2025.

Residential Type	
ERU Assigned (Taken from 2004 Assmt. Methodology)	

No. of Units	

Drainage Ownership	

Total ERUs (No. Units x ERU Assigned)	
Allocation of Year 2025 Drainag Maintenance Cost to Residential Groups.	

2025
Allocation Per Unit	
SFH	1.000	66	City	66.00	$3,306	$50.09	
TWH	0.714	125	CDD	89.25	$4,470	$35.76	
CONDO	0.571	340	CDD	194.14	$9,724	$28.60	
Totals	531		349.39	$17,500		

SECOND AMENDMENT TO AGREEMENT FOR SERVICES

This Second Amendment Agreement for Services between Islands at Doral (NE) Community Development District (hereinafter “District”) and Special District Services, Inc. (hereinafter “SDS”) is made and entered into this    day of 	, 2025.

WHEREAS, on February 9, 2004, the District and SDS entered into an Agreement for Services for the Management of the District; and

WHEREAS, the District would like to engage SDS to perform field operations management services not covered under the Agreement, said additional services being more particularly described in Exhibit A to this First Amendment (“Field Operations Management Services”); and

WHEREAS, SDS has agreed to provide Field Operations Management Services to the District; and

WHEREAS, SDS represents that it possesses the knowledge, ability, professional skills and qualifications to perform services and covenants to carry out the terms of this Second Amendment.

NOW, THEREFORE, in consideration of the mutual covenants contained herein, it is agreed as follows:

SECTION I – RECITALS

The recitals set forth hereinabove are true and correct and incorporated herein by reference.

SECTION II – ADDITIONAL SERVICES

Beginning October 1, 2025, SDS shall provide Field Operations Management Services, as more particularly described in Exhibit A attached hereto and made a part hereof.

SECTION III – COMPENSATION

The fee for Field Operations Management Services is $3,000 per year payable in twelve (12) equal monthly payments of $250.

SDS shall be reimbursed for out-of-pocket expenses incurred in connection with the performance of the services defined herein (i.e. photocopies, postage, long-distance telephone calls, mileage, etc.).

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed the day and year first above written.

ISLANDS AT DORAL (NE) COMMUNITY	SPECIAL DISTRICT SERVICES, INC. DEVELOPMENT DISTRICT

By:		By:	

Todd Wodraska, President		 Printed Name and Title	Date	Printed Name and Title	Date

Exhibit A
FIELD OPERATIONS MANAGEMENT SERVICES FOR ISLANDS AT DORAL (NE) COMMUNITY DEVELOPMENT DISTRICT
SDS will provide Field Operations Management Services for the District-owned infrastructure, i.e. roads, storm water management system, etc.
SDS will coordinate and communicate with contractors for required maintenance and improvement services; including solicitation of bids/cost quotes, if appropriate; approving and scheduling same as required.
SDS will manage contracts reasonably necessary and related to the operation, maintenance, up-keep, repair, replacement and preservation of District property.
SDS will coordinate with on-site maintenance and Association personnel as necessary to properly maintain and operate the District property.
SDS will communicate with residents of the District when and if required, regarding concerns involving District property.

SDS will provide a minimum of one visit per month for on-site inspection.

RESOLUTION NO. 2025-04

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE ISLANDS AT DORAL (NE) COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2025/2026; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Board of Supervisors (“Board”) of the Islands at Doral (NE) 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 2025/2026 has been prepared and considered by the Board.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE ISLANDS AT DORAL (NE) COMMUNITY DEVELOPMENT DISTRICT THAT:

Section 1.  The Proposed Budget including the Assessments for Fiscal Year 2025/2026 attached hereto as Exhibit “A” is approved and adopted.

Section 2.   A Public Hearing is hereby scheduled for May 13, 2025 at 7:00 p.m. in
the Doral Legacy Park, 2nd Floor Conference Room located at 11400 NW 82nd Street, Doral, Florida 33178, for the purpose of receiving public comments on the Proposed Fiscal Year 2025/2026 Budget.

PASSED, ADOPTED and EFFECTIVE this 11th day of March, 2025.

ATTEST:	ISLANDS AT DORAL (NE)
COMMUNITY DEVELOPMENT DISTRICT

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

Islands At Doral (NE) Community Development District

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

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

DETAILED PROPOSED DEBT SERVICE FUND BUDGET

ASSESSMENT COMPARISON

PROPOSED BUDGET
ISLANDS AT DORAL (NE) COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	
FISCAL YEAR 2025/2026 BUDGET	
Administrative Assessments	89,705	
Maintenance Assessments	107,455	
Debt Assessments	554,723	
Interest Income	960	
TOTAL REVENUES	$	752,843	
		
EXPENDITURES		
MAINTENANCE EXPENDITURES		
Maintenance Contingency	5,000	
Roadway Maintenance/Reserve	63,508	
Stormwater Management/Reserve	22,000	
Storm Drainage/Class V Permit	3,500	
Field Operations	3,000	
Engineering/Inspections	4,000	
TOTAL MAINTENANCE EXPENDITURES	$	101,008	
		
ADMINISTRATIVE EXPENDITURES		
Supervisor Fees	5,000	
Payroll Taxes (Employer)	400	
Management	34,308	
Secretarial	4,200	
Legal	10,500	
Assessment Roll	7,500	
Audit Fees	3,600	
Arbitrage Rebate Fee	650	
Insurance	7,300	
Legal Advertisements	3,500	
Miscellaneous	800	
Postage	450	
Office Supplies	450	
Dues & Subscriptions	175	
Trustee Fees	4,100	
Continuing Disclosure Fee	350	
Website Management	2,000	
TOTAL ADMINISTRATIVE EXPENDITURES	$	85,283	
		
TOTAL EXPENDITURES	$	186,291	
		
REVENUES LESS EXPENDITURES	$	566,552	
		
Bond Payments	(524,213)	
		
BALANCE	$	42,339	
		
County Appraiser & Tax Collector Fee	(14,113)	
Discounts For Early Payments	(28,226)	
		
EXCESS/ (SHORTFALL)	$	-	
		
Carryover From Prior Year	0	
		
NET EXCESS/ (SHORTFALL)	$	-	

DETAILED PROPOSED BUDGET
ISLANDS AT DORAL (NE) COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

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

COMMENTS	
Administrative Assessments	59,791	88,450	89,705	Expenditures Less Interest & Carryover/.94	
Maintenance Assessments	6,915	8,510	107,455	Expenditures /.94	
Debt Assessments	554,723	554,723	554,723	Bond Payments/.94	
Interest Income	7,858	480	960	Interest Projected At $80 Per Month	
TOTAL REVENUES	$	629,287	$	652,163	$	752,843		
					
EXPENDITURES					
MAINTENANCE EXPENDITURES					
Maintenance Contingency	0	5,000	5,000	No Change From 2024/2025 Budget	
Roadway Maintenance/Reserve	0	0	63,508	Formerly The Responsibility Of The Master Association	
Stormwater Management/Reserve	0	0	22,000	Formerly The Responsibility Of The Master Association	
Storm Drainage/Class V Permit	0	0	3,500	New Requirement In Miami-Dade County	
Field Operations	0	0	3,000	Will Be Needed Due To Infrastructure Being Maintained By District	
Engineering/Inspections	1,100	3,000	4,000	$1,000 Increase From 2024/2025 Budget	
TOTAL MAINTENANCE EXPENDITURES	$	1,100	$	8,000	$	101,008		
					
ADMINISTRATIVE EXPENDITURES					
Supervisor Fees	2,000	5,000	5,000	No Change From 2024/2025 Budget	
Payroll Taxes (Employer)	153	400	400	Projected At 8% Of Supervisor Fees	
Management	32,388	33,348	34,308	CPI Adjustment	
Secretarial	4,200	4,200	4,200	No Change From 2024/2025 Budget	
Legal	7,324	9,000	10,500	$1,500 Increase From 2024/2025 Budget	
Assessment Roll	7,500	7,500	7,500	As Per Contract	
Audit Fees	3,800	3,900	3,600	Accepted Amount For 2024/2025 Audit	
Arbitrage Rebate Fee	650	650	650	No Change From 2024/2025 Budget	
Insurance	6,594	7,300	7,300	Fiscal Year 2024/2025 Expenditure Was $6,594	
Legal Advertisements	2,593	4,000	3,500	$500 Decrease From 2024/2025 Budget	
Miscellaneous	460	800	800	No Change From 2024/2025 Budget	
Postage	477	450	450	No Change From 2024/2025 Budget	
Office Supplies	352	450	450	No Change From 2024/2025 Budget	
Dues & Subscriptions	175	175	175	$1,500 Increase From 2024/2025 Budget	
Trustee Fees	4,080	4,100	4,100	$1,500 Increase From 2024/2025 Budget	
Continuing Disclosure Fee	350	350	350	No Change From 2024/2025 Budget	
Website Management	2,000	2,000	2,000	$1,500 Increase From 2024/2025 Budget	
TOTAL ADMINISTRATIVE EXPENDITURES	$	75,096	$	83,623	$	85,283		
					
TOTAL EXPENDITURES	$	76,196	$	91,623	$	186,291		
					
REVENUES LESS EXPENDITURES	$	553,091	$	560,540	$	566,552		
					
Bond Payments	(529,903)	(524,213)	(524,213)	2026 Principal & Interest Payments	
					
BALANCE	$	23,188	$	36,327	$	42,339		
					
County Appraiser & Tax Collector Fee	(5,989)	(12,109)	(14,113)	Two Percent Of Total Assessment Roll	
Discounts For Early Payments	(21,731)	(24,218)	(28,226)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	(4,532)	$	-	$	-		
					
Carryover From Prior Year	0	0	0	Carryover From Prior Year	
					
NET EXCESS/ (SHORTFALL)	$	(4,532)	$	-	$	-		

DETAILED PROPOSED DEBT SERVICE FUND BUDGET
ISLANDS AT DORAL (NE) COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

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

COMMENTS	

Interest Income	
21,357	
500	
1,200	
Projected Interest For 2025/2026	

NAV Tax Collection	
529,903	
524,213	
524,213	
NAV Tax Collection	

Total Revenues	
$	551,260	
$	524,713	
$	525,413		

EXPENDITURES					

Principal Payments	
285,000	
305,000	
315,000	
Principal Payment Due In 2026	

Interest Payments	
110,880	
91,919	
71,321	
Interest Payments Due In 2026	

Additional Principal Payments	
110,000	
127,794	
139,092	
Additional Principal Payments	

Total Expenditures	
$	505,880	
$	524,713	
$	525,413		

Excess/ (Shortfall)	
$	45,380	
$	-	
$	-		

Series 2014 Refunding Bond Information

Original Par Amount =	$5,925,000	Annual Principal Payments Due =	May 1st	
Interest Rate =	3.85%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =	April 2014			
Maturity Date =

Par Amount As Of 1/1/2025 =	May 2029

$2,315,000			

Original Principal Amount Due In May 2029: $2,225,000 Current Principal Amount Due In May 2029: $1,030,000

Islands At Doral (NE) 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 For Single Family Homes	

$	107.55	

$	108.50	

$	166.58	

$	

168.94	
Maintenance For Single Family Homes	$	14.03	$	13.03	$	16.03	$	202.37	
Debt For Single Family Homes	$	1,587.68	 $	1,587.68	 $	1,587.68	$	1,587.68	
Total	$	1,709.26	$	1,709.21	$	1,770.29	$	1,958.99	

Administrative For Townhomes	
$	107.55	
$	108.50	
$	166.58	
$	168.94	
Maintenance For Townhomes	$	14.03	$	13.03	$	16.03	$	202.37	
Debt For Townhomes	$	1,133.61	 $	1,133.61	 $	1,133.61	$	1,133.61	
Total	$	1,255.19	$	1,255.14	$	1,316.22	$	1,504.92	

Administrative For Condominiums	
$	107.55	
$	108.50	
$	166.58	
$	168.94	
Maintenance For Condominiums	$	14.03	$	13.03	$	16.03	$	202.37	
Debt For Condominiums	$	906.57	 $	906.57	 $	906.57	$	906.57	
Total	$	1,028.15	$	1,028.10	$	1,089.18	$	1,277.88	

* Assessments Include the Following :	
4% Discount for Early Payments 1% County Tax Collector Fee
1% County Property Appraiser Fee
 Community Information:		 Single Family Homes	66
Townhomes	125
Condominiums	340
Total Units	531

Islands At Doral (NE) Community Development District

Financial Report For January 2025

Islands at Doral (NE) Community Development District
Budget vs. Actual
October 2024 through January 2025

	Oct 24 - Jan 25		24/25 Budget		$ Over Budget		% of Budget	
Income								
363.100 ꞏ Admin Assessment Income	76,105.45		88,450.00		-12,344.55		86.04%	
363.101 ꞏ Maint Assessment Income	7,346.95		8,510.00		-1,163.05		86.33%	
363.810 ꞏ Debt Assessment	477,383.69		554,723.00		-77,339.31		86.06%	
363.820 ꞏ Debt Assessment-Paid To Trustee	-442,111.63		-524,213.00		82,101.37		84.34%	
363.830 ꞏ Assessment Fees	-5,385.76		-12,109.00		6,723.24		44.48%	
363.831 ꞏ Discounts For Early Payments	-22,260.36		-24,218.00		1,957.64		91.92%	
369.401 ꞏ Interest Income	406.00		480.00		-74.00		84.58%	
Total Income	91,484.34		91,623.00		-138.66		99.85%	
Expense								
511.122 ꞏ Payroll Expense	45.90		400.00		-354.10		11.48%	
511.131 ꞏ Supervisor Fee	600.00		5,000.00		-4,400.00		12.0%	
511.305 ꞏ Maintenance Contingency	0.00		5,000.00		-5,000.00		0.0%	
511.310 ꞏ Engineering	0.00		3,000.00		-3,000.00		0.0%	
511.311 ꞏ Management Fees	11,116.00		33,348.00		-22,232.00		33.33%	
511.312 ꞏ Secretarial Fees	1,400.00		4,200.00		-2,800.00		33.33%	
511.315 ꞏ Legal Fees	3,272.50		9,000.00		-5,727.50		36.36%	
511.318 ꞏ Assessment/Tax Roll	0.00		7,500.00		-7,500.00		0.0%	
511.320 ꞏ Audit Fees	0.00		3,900.00		-3,900.00		0.0%	
511.330 ꞏ Arbitrage Rebate Fee	0.00		650.00		-650.00		0.0%	
511.450 ꞏ Insurance	6,858.00		7,300.00		-442.00		93.95%	
511.480 ꞏ Legal Advertisements	637.62		4,000.00		-3,362.38		15.94%	
511.512 ꞏ Miscellaneous	259.06		800.00		-540.94		32.38%	
511.513 ꞏ Postage and Delivery	47.05		450.00		-402.95		10.46%	
511.514 ꞏ Office Supplies	149.00		450.00		-301.00		33.11%	
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		350.00		-350.00		0.0%	
511.750 ꞏ Website Management	666.64		2,000.00		-1,333.36		33.33%	
Total Expense	25,226.77		91,623.00		-66,396.23		27.53%	
Net Income		66,257.57			0.00			66,257.57			100.0%	

ISLANDS AT DORAL (NE) COMMUNITY DEVELOPMENT DISTRICT MONTHLY FINANCIAL REPORT
JANUARY 2025

REVENUES	
Annual Budget
10/1/24 - 9/30/25	

Actual Jan-25	Year To Date Actual
10/1/24 - 1/31/25	
Administrative Assessments	88,450	2,290	76,105	
Maintenance Assessments	8,510	221	7,347	
Debt Assessments	554,723	14,362	477,384	
Interest Income	480	0	406	
				
Total Revenues	$	652,163	$	16,873	$	561,242	
				
MAINTENANCE EXPENDITURES				
Maintenance Contingency	5,000	0	0	
Engineering/Inspections	3,000	0	0	
TOTAL MAINTENANCE EXPENDITURES	$	8,000	$	-	$	-	
				
ADMINISTRATIVE EXPENDITURES				
Supervisor Fees	5,000	600	600	
Payroll Taxes (Employer)	400	46	46	
Management	33,348	2,779	11,116	
Secretarial	4,200	350	1,400	
Legal	9,000	1,530	3,272	
Assessment Roll	7,500	0	0	
Audit Fees	3,900	0	0	
Arbitrage Rebate Fee	650	0	0	
Insurance	7,300	0	6,858	
Legal Advertisements	4,000	0	638	
Miscellaneous	800	219	259	
Postage	450	0	47	
Office Supplies	450	2	149	
Dues & Subscriptions	175	0	175	
Trustee Fees	4,100	0	0	
Continuing Disclosure Fee	350	0	0	
Website Management	2,000	167	667	
TOTAL ADMINISTRATIVE EXPENDITURES	$	83,623	$	5,693	$	25,227	
				
TOTAL EXPENDITURES	$	91,623	$	5,693	$	25,227	
				
Revenues Less Expenditures	$	560,540	$	11,180	$	536,015	
				
Bond Payments	(524,213)	(13,804)	(442,112)	
				
Balance	$	36,327	$	(2,624)	$	93,903	
				
County Appraiser & Tax Collector Fee	(12,109)	(164)	(5,386)	
Discounts For Early Payments	(24,218)	(491)	(22,260)	
				
Excess/ (Shortfall)	$	-	$	(3,279)	$	66,257	
				
Carryover from Prior Year	0	0	0	
				
Net Excess/ (Shortfall)	$	-	$	(3,279)	$	66,257	

Bank Balance As Of 1/31/25	$	574,726.39	
Accounts Payable As Of 1/31/25	$	447,605.70	
Accounts Receivable As Of 1/31/25	$	-	
Available Funds As Of 1/31/25	$	127,120.69	

ISLANDS AT DORAL (NE) CDD TAX COLLECTIONS
2024-2025

#	

ID#	

PAYMENT FROM	

DATE	

FOR	

Tax Collect Receipts	

Interest Received	

Fees	

Discount	

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

Debt Assessments Paid to Trustee	
									$651,688.00	$88,454.00	$8,512.00	$  554,722.00	$88,454.00	$8,512.00	$554,722.00		
									$615,836.00	$83,623.00	$8,000.00	$  524,213.00	$83,623.00	$8,000.00	$524,213.00	$524,213.00	
1	1	Miami-Dade Tax Collector	12/09/24	NAV Taxes	$  438,377.58		$  (4,208.41)	$  (17,535.76)	$	416,633.41	$	59,487.83	$	5,742.75	$  373,147.00	$	56,537.06	$	5,457.95	$  354,638.40	$	354,638.40	
2	2	Miami-Dade Tax Collector	11/25/24	NAV Taxes	$	46,429.67		$	(445.72)	$	(1,857.25)	$	44,126.70	$	6,300.50	$	608.23	$	39,520.94	$	5,987.99	$	578.06	$	37,560.65	$	37,560.65	
3	3	Miami-Dade Tax Collector	11/26/24	NAV Taxes	$	34,945.78		$	(335.48)	$	(1,397.90)	$	33,212.40	$	4,742.14	$	457.79	$	29,745.85	$	4,506.91	$	435.09	$	28,270.40	$	28,270.40	
4	4	Miami-Dade Tax Collector	12/04/24	NAV Taxes	$	9,777.94		$	(93.01)	$	(477.08)	$	9,207.85	$	1,326.87	$	128.09	$	8,322.98	$	1,249.51	$	120.62	$	7,837.72	$	7,837.72	
5	5	Miami-Dade Tax Collector	01/10/25	NAV Taxes	$	16,872.74		$	(163.81)	$	(491.28)	$	16,217.65	$	2,289.63	$	221.03	$	14,362.08	$	2,200.75	$	212.44	$	13,804.46	$	13,804.46	
6	6	Miami-Dade Tax Collector	12/19/24	NAV Taxes	$	14,432.38		$	(139.33)	$	(501.09)	$	13,791.96	$	1,958.48	$	189.06	$	12,284.84	$	1,871.58	$	180.67	$	11,739.71	$	11,739.71	
7									$	-							$	-	
8									$	-							$	-	
9									$	-							$	-	
10									$	-							$	-	
11									$	-							$	-	
12									$	-							$	-	
13									$	-							$	-	
14									$	-							$	-	
16									$	-							$	-	
17									$	-							$	-	
					$ 560,836.09	$	-	$ (5,385.76)	$ (22,260.36)	$	533,189.97	$  76,105.45	$  7,346.95	$ 477,383.69	$ 72,353.80	$  6,984.83	$ 453,851.34	$  453,851.34	

	Note: $651,688, $88,454, $8,512 and $554,722 are 2024/2025 Budgeted	
Assessment Roll			Collections	assessments before discounts and fees.	
Admin:	$88,453.98		86.06%	$615,836, $83,623, $8,000 and $524,213 are 2024/2025 Budgeted	
Maint:	$8,511.93			assessments after discounts and fees.	
Debt:	$554,721.93				
Total	$651,687.84				
				$	560,836.09	

$	-	$  533,189.97	
$	(76,105.45)	$  (72,353.80)	
$	(7,346.95)	$	(6,984.83)	
$	(477,383.69)	$ (453,851.34)	
$	-	$	-

MEMORANDUM
TO:	District Manager

FROM:	Billing, Cochran, Lyles, Mauro & Ramsey, P.A. District Counsel

DATE:	February 10, 2025

RE:	Stormwater system legal requirements update

As district counsel, throughout the year we continuously monitor state legislation and municipal and county ordinances that may be applicable to the governance and operation of our special district clients. Below is a summary of the current stormwater system requirements for Miami-Dade County, Florida (which include requirements imposed statewide by the Florida legislature, requirements for systems within the jurisdiction of the South Florida Water Management District (SFWMD), and requirements exclusive to Miami-Dade County imposed by county ordinances). We suggest that you review the legal requirements with the district engineer of each special district to ensure that appropriate inspections, reporting and funding for the applicable stormwater management system are in place.

2021 Requirements for Districts with Stormwater Systems:
In 2021, the Florida legislature created Section 403.9302, Florida Statutes, which required that local governments, including special districts, develop a 20-year needs analysis of the stormwater management system. This required each special district to provide a report no later than June 30, 2022, to the county in which the special district was located providing the following:

Description of stormwater management program or system and its facilities and projects;
Number of current and projected residents served in 5-year increments;
Current and projected service area for stormwater management program and system;
Current and projected costs of providing services in 5-year increments;
Estimated remaining useful life of facility or its major components;
Recent 5-year history of annual contributions and capital expenditures for maintenance or expansion; and
Special district’s plan to fund the maintenance or expansion of the facility or its major components.
Each county was required to compile and submit a cumulative report to the state. Thereafter, the state issued a comprehensive report on its findings. Unless a further change in state legislation occurs, each special district must submit this stormwater management needs report again on June 30, 2027.

New Requirements for Districts with Stormwater Systems: Chapter 2024-275, Laws of Florida
During this past legislative session, the state enacted Chapter 2024-275, effective June 28, 2024, known as the Florida Stormwater Ratification Bill, which codified several significant changes to the Environmental Resource Permit Handbook promulgated by the Florida Department of Environment Protection (FDEP) (the “FDEP Handbook”).

Operation and Maintenance Plan:
As it relates to stormwater management systems, the FDEP Handbook requires that an applicant for construction, alteration or operation of a stormwater management system shall provide a written operation and maintenance plan (“O&M Plan”) at the time of application. The O&M Plan shall provide the following:

List and details of all stormwater system components, including location, type, how systems connect, etc.;
List and description of maintenance and inspection tasks for the system and its components (specific procedures provided);
Regular inspection and maintenance schedules;
Inspection checklists;
Copies of or references to pertinent sections of covenants, conditions, restrictions or other documents, permits approvals, and agreements that govern operation and maintenance of the stormwater system; and
Permitted or as-built plans of the stormwater system.
The O&M Plan must also include a list of after-hours telephone numbers for key maintenance personnel in case of emergencies and information necessary for reviewing copies of maintenance and inspection records. This O&M Plan must be maintained by the operation and maintenance entity, and if a third party performs the operation and maintenance, the permittee remains responsible for all the requirements.

Additional Inspections and Reports – Florida Requirements:

The new legislation also requires additional inspections and reports from districts with stormwater infrastructure. The FDEP Handbook provides that the applicant may propose a maximum frequency of inspections for a stormwater system of 5 years, but FDEP may determine that the stormwater system requires a greater minimum frequency of inspections and includes a chart of the type of system and the inspection frequency for that system, which could require yearly inspections. The stormwater management system inspections conducted on or after June 28, 2025, require a qualified inspector to conduct the inspection and submit the reports. FDEP also has adopted additional requirements for each regional water management district, including the South Florida Water Management District (SFWMD). These additional requirements, including the inspection checklist, are available on SFWMD’s website (www.sfwmd.gov), which provides for the reporting requirements and signature of the inspector. The inspection report shall be submitted within 30 days of the date of the inspection.

Transfer of Permits for Stormwater Management Systems:

Based on this new legislation and the requirements for permit applications, prior to the acceptance of the transfer of any permit for the stormwater management system, the district manager should obtain the O&M Plan from the developer and confirm that the above requirements have been met. Additionally, the district manager will need to budget for the required inspections and reporting by a qualified inspector.

New Requirements for Districts located in Miami-Dade County
Additional Inspections and Reports – Miami-Dade County Requirements:

In Miami-Dade County, the County Commission enacted an ordinance imposing new stormwater management reporting and inspection requirements which commence 3 years after adoption of the ordinance (September 4, 2027). These new ordinance amendments require owners and operators of stormwater management systems that connect to or drain into a public right-of- way drainage infrastructure to certify the stormwater system and submit an asset inventory of the stormwater system and structures, inspections/maintenance records, and maintenance standard operating procedures to the County. After the first certification, the stormwater management system will need to be certified every 10 years thereafter, unless the County determines an earlier recertification is required.

If the requirements above apply to the special district, the district manager should discuss with the district engineer the anticipated costs of certifying the stormwater system, including the asset inventory of the structures, maintenance standard operating procedures and maintenance report formats to comply with the new County requirements.

Miami-Dade County Class V Dewatering Permits:

Additionally, the Miami-Dade County Commission amended the code of ordinances to require Class V permits for dewatering operations associated with the cleaning and maintenance of stormwater management systems. Dewater means to discharge either on- or off-site water from an excavation, underground structure, or depressed lands, which includes the cleaning of stormwater infrastructure systems in the special districts. Presently, a special district, or its contractor, will need to apply for and obtain a permit from Miami-Dade County Department of Environmental Resource Management (DERM) prior to the stormwater cleaning. Previously, the special district did not have to obtain a permit from DERM to perform stormwater structure cleaning. There are multiple costs involved, which vary depending upon the length of time of the permit. According to the information provided by DERM, the fee for a one-year permit is $2,150, as provided on the permit application form. The permit must be issued before work commences, otherwise there will be fines equal to double the permit cost imposed by Miami-Dade County. It is imperative that the permit be issued, and that this requirement is included in the agreement with a contractor. There are also other requirements that the contractor will need to adhere to as a part of the cleaning of the stormwater system under the permit, including, but not limited to, a description of the portion of the infrastructure to be cleaned, the equipment to be used for cleaning,

the standard operating procedure for the cleaning, details and specifications of required pre- treatment system if discharged into same stormwater infrastructure, information on how the filtrate will be collected, transported, and disposed of, details for the authorized facility where the solid content of the truck will be transported, visual inspection of the drainage structure and content for signs of contamination, and proper use of the equipment.

Recommendation
Taking all of these current and new requirements into account, it would benefit the special district for the district engineer to review the current stormwater management systems, including having the district engineer make a determination of: whether mapping is required to identify the location of the stormwater infrastructure, the current condition of the infrastructure, the required maintenance of the system, a maintenance plan, the estimate for the future needs of the stormwater system as a whole and the estimated costs for the regular maintenance (including permit costs) and future capital costs.