Magic Place Community Development District

3501 Quadrangle Boulevard, Suite 270, Orlando, FL 32817
Phone: 407-723-5900, Fax: 407-723-5901
www.magicplacecdd.com

The following is the agenda for the Board of Supervisors’ Meeting for the Magic Place Community Development District (“District”), scheduled to begin at 10:00 a.m. on April 6, 2026, at 7430 Brooklyn Dr., Kissimmee, FL 34747. If you have questions or comments on the Board

Meeting, please contact the District Manager’s office at (407) 723-5900. A quorum consisting of at least three of the five Board Members will be confirmed prior to the start of the Board Meeting.

For those unable to attend in person, you may participate by telephone:

Call in number: 1-844-621-3956

Passcode: 2539 895 0958 #

BOARD OF SUPERVISORS’ MEETING AGENDA

Administrative Matters




1.
2.

Call to Order Roll Call
Public Comment Period
Nomination(s) for Vacant Seat 5 (term expires11/2026)
Consideration of the Minutes of the February 2, 2026, Board of Supervisors Meeting

General Business Matters

3.

Ratification of Landscape Maintenance Agreement with Blue Grass

Corporation
Discussion Regarding Damaged Landscape Material
Landscape Restoration Proposal (s) (provided under separate cover) Consideration of Change to Current Landscape and Maintenance Contractor
Landscape and Maintenance Proposal (s)

4.

5.



Termination of Landscape and Maintenance Agreement with Dora Landscaping LLC

6.

Ratification of Data Sharing and Usage Agreement with Osceola County Property Appraiser
Ratification of Payment Authorization Nos. 73 – 83 Review of District Financial Statements

7.
8.

Other Business



Staff Reports

o o o

District Counsel

District Engineer District Manager

•

[next meeting – May 4, 2026]




Audience Comments Supervisor Requests

Adjournment

Magic Place Community Development District

Nomination(s) for Vacant Seat 5
(Term Expires 11/2026)

Magic Place Community Development District

Consideration of the Minutes of the
February 2, 2026, Board of Supervisors’ Meeting

MINUTES OF MEETING

MAGIC PLACE COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS’ MEETING
Monday, February 2, 2026, at 10:00 a.m.
7430 Brooklyn Dr.
Kissimmee, FL 34747

Board Members in attendance:

Doris Houck Nayara Longaray Sue Legentil Frederico Gontijo

Chairperson Vice Chair
Assistant Secretary Assistant Secretary

Also Present:

Jane Gaarlandt Gazmin Kerr Audrey Ryan Mark Watts Steven Boyd

PFM PFM PFM
Cobb Cole
Boyd Civil Engineering

(via phone) (via phone) (via phone) (via phone)

FIRST ORDER OF BUSINESS

Administrative Matters

Call to Order/Roll Call

Ms. Gaarlandt called to order the Board of Supervisors’ Meeting for the Magic Place Community Development District at 10:15 a.m. Roll call was taken.

Public Comment Period

There were no members of the public present.

Nomination(s) for Vacant Seat 5 (term expires 11/2026)

There were no nominations at this time.

This item was deferred.

Consideration of the Minutes of the January 12, 2026, Board of Supervisors’ Meeting

The Board reviewed the minutes.

SECOND ORDER OF BUSINESS

General Business Matters

Review

and

Consideration

of

Landscape

Maintenance

Proposal(s)

Ms. Gaarlandt reviewed the proposals for mulch, noting this is not a part of the regular maintenance agreement.

Ms. Ryan noted that this is not within the original budget, but the budget can be adjusted as needed.

There was brief discussion regarding the timeline and agreement. Ms. Gaarlandt noted the vendor information and W-9 will need to be received for the proposal.

Ratification

of

Payment

Authorizations Nos. 63 – 72

The Board reviewed the payment authorizations.

Ms. Gaarlandt noted these were solely for ratification.

Review of District Financial Statements

On motion by Ms. Houck, seconded by Ms. Longaray, with all in favor, the Board of Supervisors for the Magic Place Community Development District ratified Payment Authorizations Nos. 63 – 72.

On motion by Ms. Longaray, seconded by Ms. Legentil, with all in favor, the Board of Supervisors for the Magic Place Community Development District approved the Landscape Maintenance Proposal with a not-to-exceed amount of $10,000.00, and authorized the Chair to execute a standard agreement.

On motion by Ms. Houck, seconded by Ms. Longaray, with all in favor, the Board of Supervisors for the Magic Place Community Development District approved the Minutes of the January 12, 2026, Board of Supervisor’s Meeting.

The Board reviewed the monthly financials as of December 2025.

Ms. Gaarlandt noted the financials are for information only and require no Board action.

THIRD ORDER OF BUSINESS

Other Business

Staff Reports

District Counsel –

Mr. Watts will draft the agreement for the mulching proposal.

There was brief discussion regarding the agreement. It was noted it will be brought back for Board ratification once executed.

District Engineer –

Mr. Boyd noted there are still outstanding as-built items to be addressed and final inspections before the completion certificate can be executed. This meeting should happen within the next couple of weeks.

District Manager –

Ms. Gaarlandt noted that the next meeting is scheduled for March 2, 2026, at the current location.

Audience Comments

There were no audience comments.

Supervisors Requests

There were no Supervisor requests.

FOURTH ORDER OF BUSINESS

Adjournment

Secretary/Assistant Secretary

Chairman/Vice Chairman

On motion by Ms. Houck, seconded by Ms. Longaray, with all in favor, the February 2, 2026, Meeting of the Board of Supervisors for the Magic Place Community Development District was adjourned at 10:25 a.m.

Magic Place Community Development District

Ratification of Landscape Maintenance Agreement with Blue Grass Corporation

Magic Place Community Development District

Discussion Regarding Damaged Landscape
Material
Landscape Restoration Proposal (s)
(provided under separate cover)

Magic Place Community Development District

Consideration of Change to Current Landscape and Maintenance Contractor
Landscape and Maintenance Proposal (s)
Termination of Landscape and Maintenance Agreement with Dora Landscaping LLC

Magic Place Community Development District

Consideration of Termination of Landscape and Maintenance Agreement with Dora Landscaping LLC

Magic Place Community Development District

Ratification of Data Sharing and Usage Agreement with
Osceola County Property Appraiser

Magic Place Community Development District

Ratification of Payment Authorization Nos. 73 – 83

Magic Place Community Development District

Review of District Financial Statements

Magic Place CDD
February 2026 Financial Package

February 28, 2026

PFM Group Consulting LLC
3501 Quadrangle Blvd
Suite 270
Orlando, FL 32817
407-723-5900

Magic Place CDD
Statement of Financial Position As of 2/28/2026

General Fund

Debt Service Fund

Capital Projects Fund

Long Term Debt Fund

Total

Assets

Current Assets
General Checking Account Assessments Receivable Assessments Receivable
Debt Service Reserve Series 2019 Revenue Series 2019
Interest Series 2019
Prepayment Series 2019 Sinking Fund Series 2019
Acquisition/Construction Series 2019
Total Current Assets

$

141,765.12
487,077.61

$

141,765.12
487,077.61
1,082,290.81
1,138,188.80
186,354.84
13.19
5,437.16
43.16
71,012.37

$

1,082,290.81
1,138,188.80
186,354.84
13.19
5,437.16
43.16

$

71,012.37

$

628,842.73

$

2,412,327.96

$

71,012.37

$

-

$

3,112,183.06

Investments
Amount Available in Debt Service Funds Amount To Be Provided
Total Investments

$

1,330,037.15
15,974,962.85

$

1,330,037.15
15,974,962.85

$

-

$

-

$

-

$

17,305,000.00

$

17,305,000.00

Total Assets

$

628,842.73

$

2,412,327.96

$

71,012.37

$

17,305,000.00

$

20,417,183.06

Liabilities and Net Assets

Current Liabilities Accounts Payable Deferred Revenue Deferred Revenue
Due to Other Governmental Units
Total Current Liabilities

$

7,500.00
487,077.61

$

7,500.00
487,077.61
1,082,290.81
8,779.26

$

1,082,290.81
8,779.26

$

494,577.61

$

1,091,070.07

$

-

$

-

$

1,585,647.68

Long Term Liabilities
Revenue Bonds Payable - Long-Term
Total Long Term Liabilities

$

17,305,000.00

$

17,305,000.00

$

-

$

-

$

-

$

17,305,000.00

$

17,305,000.00

Total Liabilities

$

494,577.61

$

1,091,070.07

$

-

$

17,305,000.00

$

18,890,647.68

Net Assets
Net Assets, Unrestricted
Net Assets - General Government
Current Year Net Assets - General Government

$

(5,247.50)
244,028.12
(104,515.50)

$

(5,247.50)
244,028.12
(104,515.50)

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

$

1,666,199.66
(344,941.77)

1,666,199.66
(344,941.77)

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

$

526,995.11
767.26

526,995.11
767.26

Net Assets - General Government
Total Net Assets

(456,750.00)

(456,750.00)

$

134,265.12

$

1,321,257.89

$

71,012.37

$

-

$

1,526,535.38

Total Liabilities and Net Assets

$

628,842.73

$

2,412,327.96

$

71,012.37

$

17,305,000.00

$

20,417,183.06

Page 1 of 3

Magic Place CDD Statement of Activities As of 2/28/2026

General Fund

Debt Service Fund

Capital Projects Fund

Long Term Debt Fund

Total

Revenues

On-Roll Assessments
Other Income & Other Financing Sources On-Roll Assessments
Other Income & Other Financing Sources
Total Revenues

$

16,177.05
3,073.96

$

16,177.05
3,073.96
35,945.56
6,830.38

$

35,945.56
6,830.38

$

19,251.01

$

42,775.94

$

-

$

-

$

62,026.95

Expenses

Supervisor Fees
Public Officials' Liability Insurance Trustee Services
Management Engineering Disclosure Agent Property Appraiser District Counsel
Assessment Administration Audit
Postage & Shipping Legal Advertising
Web Site Maintenance Dues, Licenses, and Fees Electric
Irrigation
General Insurance Other Insurance
Landscaping Maintenance & Material Principal Payment
Interest Payments
Total Expenses

$

400.00
3,466.00
5,601.92
13,750.00
975.00
1,250.00
267.92
738.00
7,500.00
4,100.00
0.74
197.64
925.00
175.00
9,954.36
12,567.58
4,236.00
500.00
60,139.45

$

400.00
3,466.00
5,601.92
13,750.00
975.00
1,250.00
267.92
738.00
7,500.00
4,100.00
0.74
197.64
925.00
175.00
9,954.36
12,567.58
4,236.00
500.00
60,139.45
25,000.00
380,273.45

$

25,000.00
380,273.45

$

$

126,744.61

$

405,273.45

$

-

$

-

$

532,018.06

Other Revenues (Expenses) & Gains (Losses)

Interest Income Interest Income Interest Income
Total Other Revenues (Expenses) & Gains (Losses)

$

2,978.10

$

2,978.10
17,555.74
767.26

$

17,555.74

$

767.26

$

2,978.10

$

17,555.74

$

767.26

$

-

$

21,301.10

Change In Net Assets

$

(104,515.50)

$

(344,941.77)

$

767.26

$

-

$

(448,690.01)

Net Assets At Beginning Of Year

$

238,780.62

$

1,666,199.66

$

70,245.11

$

-

$

1,975,225.39

Net Assets At End Of Year

$

134,265.12

$

1,321,257.89

$

71,012.37

$

-

$

1,526,535.38

Page 2 of 3

Magic Place CDD
Budget to Actual
For the month ending 02/28/2026

FY 2026
Adopted Budget

Percentage Spent

YTD Actual

YTD Budget

YTD Variance

Revenues
On-Roll Assessment
Other Income & Other Financing Sources
Net Revenues

$

16,177.05
3,073.96

$

209,689.58
-

$

(193,512.53)
3,073.96

$

503,255.00
-

3.21%
0.00%

$

19,251.01

$

209,689.58

$

(190,438.57)

$

503,255.00

3.83%

General & Administrative Expenses
Trustee Services Management Engineering Disclosure Agent District Counsel Postage & Shipping Property Appraiser
Assessment Administration Re-Amortization Schedule Audit
Legal Advertising Miscellaneous Arbitrage
Web Site Maintenance Dues, Licenses, and Fees
Public Officials' Liability Insurance General Liability Insurance Additional Insurance
Irrigation
Lake Maintenance
Landscaping Maintenance and Material Streetlights
Tax Preparation Fee Supervisor Fees Contingency
Total General & Administrative Expenses

$

5,601.92
13,750.00
975.00
1,250.00
738.00
0.74
267.92
7,500.00
- 4,100.00
197.64
-
- 925.00
175.00
3,466.00
4,236.00
500.00
12,567.58
- 60,139.45
9,954.36
- 400.00
-

$

2,500.00
13,750.00
4,166.67
2,083.33
8,333.33
166.67
166.67
3,125.00
104.17
1,500.00
1,500.00
104.17
208.33
1,125.00
72.92
1,532.92
1,873.33
208.33
41,666.67
5,000.00
102,625.00
16,666.67
8.33
- 1,202.08

$

3,101.92
- (3,191.67)
(833.33)
(7,595.33)
(165.93)
101.25
4,375.00
(104.17)
2,600.00
(1,302.36)
(104.17)
(208.33)
(200.00)
102.08
1,933.08
2,362.67
291.67
(29,099.09)
(5,000.00)
(42,485.55)
(6,712.31)
(8.33)
400.00
(1,202.08)

$

6,000.00
33,000.00
10,000.00
5,000.00
20,000.00
400.00
400.00
7,500.00
250.00
3,600.00
3,600.00
250.00
500.00
2,700.00
175.00
3,679.00
4,496.00
500.00
100,000.00
12,000.00
246,300.00
40,000.00
20.00
- 2,885.00

93.37%
41.67%
9.75%
25.00%
3.69%
0.19%
66.98%
100.00%
0.00%
113.89%
5.49%
0.00%
0.00%
34.26%
100.00%
94.21%
94.22%
100.00%
12.57%
0.00%
24.42%
24.89%
0.00%
0.00%
0.00%

$

126,744.61

$

209,689.58

$

(82,944.97)

$

503,255.00

25.18%

Total Expenses

$

126,744.61

$

209,689.58

$

(82,944.97)

$

503,255.00

Income (Loss) from Operations

$

(107,493.60)

$

-

$

(107,493.60)

$

-

Other Income (Expense)
Interest Income
Total Other Income (Expense)

$

2,978.10

$

-

$

2,978.10

$

-

$

2,978.10

$

-

$

2,978.10

$

-

Net Income (Loss)

$ (104,515.50)

$

-

$ (104,515.50)

$

-

Page 3 of 3

Magic Place Community Development District

Staff Reports