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 June 1, 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
Call to Order
Roll Call
Public Comment Period
Nomination(s) for Vacant Seat 5 (term expires11/2026)
Consideration of the Minutes of the May 11, 2026, Board of Supervisor’s Meeting
(provided under separate cover)

General Business Matters
Discussion Regarding Damaged Landscape Material
Landscape Restoration Proposal (s) (provided under separate cover)
Ratification of Payment Authorization Nos. 88 – 89
Review of District Financial Statements
Other Business
Staff Reports
District Counsel
District Engineer
Report on Outstanding Items Needed for Completion Certificate
District Manager
Form 1 Filing – July 1 Deadline
[next meeting – July 6, 2026]
Audience Comments
Supervisor Requests
Adjournment

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

Consideration of the Minutes of the
May 11, 2026, Board of Supervisor’s Meeting
(provided under separate cover)

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

Ratification of Payment Authorization Nos. 88 – 89

Payment Authorization No. 088 4/17/2026

Invoice No	Supplier	Invoice Date	Property		Invoice Amount	
80932	COBB COLE (MPCDD)	04/10/2026	Magic Place COD		78.00	
14873	DORA LANDSCAPING, LLC (MPCDD)	04/10/2026	Magic Place COD		2,250.00	
				Total:	2,328.00	

t

Secretary

Please make check payable to: Magic Place COD
% PFM Group Consulting LLC 3501 Quadrangle Blvd. Ste. 270
Orlando, FL 32817-8329
(407) 723-5900

Payment Authorization No. 089 4/24/2026

Invoice No

92634-042226

Supplier

DUKE ENERGY PAYMENT PROCESSING (MPCDD)

Invoice Date  Property

04/22/2026	Magic Place CDD

Invoice Amount
672.89
Total:	672.89

Secretary

Please make check payable to: Magic Place COD
% PFM Group Consulting LLC 3501 Quadrangle Blvd. Ste. 270
Orlando, FL 32817-8329
(407) 723-5900

Magic Place Community Development District

Review of District Financial Statements

Magic Place CDD
April 2026 Financial Package

April 30, 2026

PFM Management Services LLC
3501 Quadrangle Blvd
Suite 270
Orlando, FL 32817
407-723-5900

Magic Place CDD
Statement of Financial Position As of 4/30/2026

General Fund	Debt Service	Capital Projects	Long Term Debt	Total	
	Fund	Fund	Fund		

	Assets		
Current Assets			
General Checking Account	$	602,652.00						$	602,652.00	
Debt Service Reserve Series 2019		$  1,138,041.97					1,138,041.97	
Revenue Series 2019		550,413.89					550,413.89	
Interest Series 2019		379,641.41					379,641.41	
Prepayment Series 2019		12,056.15					12,056.15	
Sinking Fund Series 2019		370,043.41					370,043.41	
Acquisition/Construction Series 2019	
			$	61,772.21			61,772.21	
Total Current Assets	$	602,652.00	$  2,450,196.83		$	61,772.21		$	-	$  3,114,621.04	

Investments
Amount Available in Debt Service Funds		$  2,450,196.83		$  2,450,196.83	
Amount To Be Provided		14,854,803.17		14,854,803.17	
Total Investments	$	-	$	-	$	-	$ 17,305,000.00		$ 17,305,000.00	

Total Assets	$	602,652.00	$  2,450,196.83	$	61,772.21	$ 17,305,000.00	$ 20,419,621.04

Liabilities and Net Assets

Current Liabilities		
Accounts Payable	$	2,250.00		
		$	2,250.00	
Total Current Liabilities	$	2,250.00		$	-	$	-	$	-	$	2,250.00	

Long Term Liabilities
Revenue Bonds Payable - Long-Term		$ 17,305,000.00		$ 17,305,000.00	
Total Long Term Liabilities	$	-	$	-	$	-	$ 17,305,000.00		$ 17,305,000.00	

Total Liabilities	$	2,250.00	$	-	$	-	$ 17,305,000.00	$ 17,307,250.00

Net Assets
Net Assets, Unrestricted	$	(5,247.50)						$	(5,247.50)	
Net Assets - General Government	244,028.12						244,028.12	
Current Year Net Assets - General Government	361,621.38						361,621.38	
Net Assets, Unrestricted			$  1,666,199.66				1,666,199.66	
Current Year Net Assets, Unrestricted			783,997.17				783,997.17	
Net Assets, Unrestricted					$	526,995.11		526,995.11	
Current Year Net Assets, Unrestricted					(8,472.90)		(8,472.90)	
Net Assets - General Government					(456,750.00)		(456,750.00)	
Total Net Assets	$	600,402.00		$  2,450,196.83		$	61,772.21		$	-	$  3,112,371.04	

Total Liabilities and Net Assets	$	602,652.00	$  2,450,196.83	$	61,772.21	$ 17,305,000.00	$ 20,419,621.04

Page 1 of 3

Magic Place CDD Statement of Activities As of 4/30/2026	
	General Fund		Debt Service Fund		Capital Projects Fund		Long Term Debt Fund			Total	

Revenues												
On-Roll Assessments	$	520,880.04								$	520,880.04	
Other Income & Other Financing Sources	3,073.96									3,073.96	
On-Roll Assessments			$	1,157,400.13							1,157,400.13	
Other Income & Other Financing Sources			6,830.38							6,830.38	
Total Revenues	$	523,954.00		$	1,164,230.51		$	-		$	-		$	1,688,184.51	
Expenses												
Supervisor Fees	$	600.00								$	600.00	
Public Officials' Liability Insurance	3,466.00									3,466.00	
Trustee Services	5,601.92									5,601.92	
Management	19,250.00									19,250.00	
Engineering	1,365.00									1,365.00	
Disclosure Agent	2,500.00									2,500.00	
Property Appraiser	267.92									267.92	
District Counsel	1,291.50									1,291.50	
Assessment Administration	7,500.00									7,500.00	
Audit	4,100.00									4,100.00	
Tax Preparation	12.84									12.84	
Postage & Shipping	26.05									26.05	
Legal Advertising	261.97									261.97	
Web Site Maintenance	1,475.00									1,475.00	
Dues, Licenses, and Fees	175.00									175.00	
Electric	14,327.85									14,327.85	
Irrigation	19,740.30									19,740.30	
General Insurance	4,236.00									4,236.00	
Other Insurance	500.00									500.00	
Landscaping Maintenance & Material	81,195.23									81,195.23	
Principal Payment			$	25,000.00							25,000.00	
Interest Payments			380,273.45							380,273.45	
Capital Expenditures					$	9,630.00					9,630.00	
Total Expenses	$	167,892.58		$	405,273.45		$	9,630.00		$	-		$	582,796.03	
Other Revenues (Expenses) & Gains (Losses)												
Interest Income	$	5,559.96								$	5,559.96	
Interest Income			$	25,040.11							25,040.11	
Interest Income					$	1,157.10					1,157.10	
Total Other Revenues (Expenses) & Gains (Losses)	$	5,559.96		$	25,040.11		$	1,157.10		$	-		$	31,757.17	
Change In Net Assets	$	361,621.38		$	783,997.17		$	(8,472.90)		$	-		$	1,137,145.65	
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	
$	600,402.00		
$	2,450,196.83		
$	61,772.21		
$	-		
$	
3,112,371.04	

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Magic Place CDD
Budget to Actual
For the month ending 04/30/2026

FY 2026
Adopted	Percentage YTD Actual	YTD Budget	YTD Variance	Budget		Spent

Revenues
On-Roll Assessment	$  520,880.04		$  293,565.42	$  227,314.62	$  503,255.00		103.50%	
Other Income & Other Financing Sources	3,073.96		-	3,073.96	-		0.00%	
Net Revenues	$  523,954.00		$  293,565.42	$  230,388.58	$  503,255.00		104.11%	

General & Administrative Expenses
Trustee Services	$	5,601.92	$	3,500.00	$	2,101.92	$	6,000.00	93.37%	
Management	19,250.00	19,250.00	-	33,000.00	58.33%	
Engineering	1,365.00	5,833.33	(4,468.33)	10,000.00	13.65%	
Disclosure Agent	2,500.00	2,916.67	(416.67)	5,000.00	50.00%	
District Counsel	1,291.50	11,666.67	(10,375.17)	20,000.00	6.46%	
Postage & Shipping	26.05	233.33	(207.28)	400.00	6.51%	
Property Appraiser	267.92	233.33	34.59	400.00	66.98%	
Assessment Administration	7,500.00	4,375.00	3,125.00	7,500.00	100.00%	
Re-Amortization Schedule	-	145.83	(145.83)	250.00	0.00%	
Audit	4,100.00	2,100.00	2,000.00	3,600.00	113.89%	
Legal Advertising	261.97	2,100.00	(1,838.03)	3,600.00	7.28%	
Miscellaneous	-	145.83	(145.83)	250.00	0.00%	
Arbitrage	-	291.67	(291.67)	500.00	0.00%	
Web Site Maintenance	1,475.00	1,575.00	(100.00)	2,700.00	54.63%	
Dues, Licenses, and Fees	175.00	102.08	72.92	175.00	100.00%	
Public Officials' Liability Insurance	3,466.00	2,146.08	1,319.92	3,679.00	94.21%	
General Liability Insurance	4,236.00	2,622.67	1,613.33	4,496.00	94.22%	
Additional Insurance	500.00	291.67	208.33	500.00	100.00%	
Irrigation	19,740.30	58,333.33	(38,593.03)	100,000.00	19.74%	
Lake Maintenance	-	7,000.00	(7,000.00)	12,000.00	0.00%	
Landscaping Maintenance and Material	81,195.23	143,675.00	(62,479.77)	246,300.00	32.97%	
Streetlights	14,327.85	23,333.33	(9,005.48)	40,000.00	35.82%	
Tax Preparation Fee	12.84	11.67	1.17	20.00	64.20%	
Supervisor Fees	600.00	-	600.00	-	0.00%	
Contingency	-	1,682.92	(1,682.92)	2,885.00	0.00%	

Total General & Administrative Expenses		$	167,892.58		$	293,565.42		$	(125,672.84)		$	503,255.00		33.36%	
Total Expenses		$	167,892.58		$	293,565.42		$	(125,672.84)		$	503,255.00			
															
Income (Loss) from Operations		$	356,061.42		$	-		$	356,061.42		$	-			

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

$
$	

5,559.96
5,559.96		

$
$	

-
-		

$
$	

5,559.96
5,559.96		

$
$	

-
-			
Net Income (Loss)		$	361,621.38		$	-		$	361,621.38		$	-			

Page 3 of 3