Title: Magic Place CDD 9-21-26 Agenda Final
Company: PFM FA LLC
Category: RFP #

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 Special Board of Supervisors’ Meeting for the Magic Place Community Development District (“District”), scheduled to begin at 10:00 a.m. on Monday September 21, 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 August 3, 2026, Board of Supervisor’s Meeting
Ratification of FY27 Insurance Renewal Proposal

3.

General Business Matters

4.
5.
6.
7.

Consideration of Damaged Landscape Restoration Proposal Discussion Regarding Phase 1B Maintenance
Consideration of the FY 2026 Auditor Engagement Letter with Grau & Associates

Ratification of the FY 2026 Arbitrage Engagement Letter with LLS Tax Solutions Inc.
Ratification of the First Amendment to Maintenance Agreement with Paradise Lawn
Ratification of Kimley-Horn Agreement for Irrigation Calculation Services
(provided under separate cover)

8.

9.

Ratification of Payment Authorization Nos. 94 – 100
Review of District Financial Statements
Other Business

•

Staff Reports
District Counsel
District Engineer
Report on Outstanding Items Needed for Completion Certificate
District Manager 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 August 3, 2026, Board of Supervisor’s Meeting

MINUTES OF MEETING

MAGIC PLACE COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS’ MEETING
Monday, August 3, 2026, at 10:00 a.m.
7430 Brooklyn Dr.
Kissimmee, FL 34747

Board Members in attendance:

Doris Houck Sue Legentil
Frederico Gontijo

Chairperson Assistant Secretary Assistant Secretary

Also Present:

Jane Gaarlandt Gazmin Kerr Audrey Ryan Mark Watts James Curley

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 10:38 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)

This item was deferred.

Consideration of the Minutes of

the

July

6,

2026,

Board

of

Supervisor’s Meeting

The Board reviewed the minutes.

1 | P age 

Consideration of Resolution 2026-05, Adopting the Annual Meeting Schedule for Fiscal Year 2026-2027

Ms. Gaarlandt reviewed the annual meeting schedule. She noted the meetings would continue at the current location, day, and time; changes can be made as needed.

Consideration of Resolution 2026-06, Adopting the Goals, Objectives and Performance Measures and Standards

Ms. Gaarlandt noted there were no changes to the Goals, Objectives and Performance Measures and Standards the Board adopted last year.

SECOND ORDER OF BUSINESS

General Business Matters

Public Hearing on the Adoption of the District’s Annual Budget

•

Public	Comments and Testimony
Board Comments
a) Consideration

•

of

Resolution

2026-07,

2 | P age 

On motion by Ms. Houck, seconded by Ms. Legentil, with all in favor, the Board of Supervisors for the Magic Place Community Development District approved Resolution 2026-06, Adopting the Goals, Objectives and Performance Measures and Standards.

On motion by Ms. Houck, seconded by Ms. Legentil, with all in favor, the Board of Supervisors for the Magic Place Community Development District approved Resolution 2026-05, Adopting the Annual Meeting Schedule for Fiscal Year 2026-2027 with meetings on the first Monday of the Month at 10:00 a.m. at 7430 Brooklyn Dr. Kissimmee, FL 34747.

On motion by Ms. Houck, seconded by Ms. Legentil, with all in favor, the Board of Supervisors for the Magic Place Community Development District approved the Minutes of the July 6, 2026, Board of Supervisors’ Meeting.

Adopting Fiscal

the Year

2027
and

Budget

Appropriating funds Consideration

b)

of

Resolution

2026-08,
Adopting	an Assessment Roll for Fiscal Year 2027, and Certifying Special Assessments for Collection

There were no members of the public present.

Ms. Gaarlandt asked for conformation that were no changes to the Budget that was presented to the Board at the preliminary budget hearing.

Ms. Ryan Confirmed.

There were no Board comments.

3 | P age 

On motion by Ms. Houck, seconded by Ms. Legentil, with all in favor, the Board of Supervisors for the Magic Place Community Development District Closing the Public Hearing

On motion by Ms. Houck, seconded by Ms. Legentil, with all in favor, the Board of Supervisors for the Magic Place Community Development District opened the Public Hearing.

Ms. Gaarlandt noted this resolution adopts the funding of the Districts budget.

Consideration Increase Letter

of

PFM

Fee

Ms. Gaarlandt noted the fee Increase was mentioned at the last Board Meeting as it was present within the preliminary budget.

Discussion Regarding Damaged Landscape Material

•

Landscape	Restoration Proposal(s)

Ms. Gaarlandt noted a Proposal has not been received yet.

Mr. Gontijo stated he met with vendors and has been in communication but has not received a proposal. He noted the vendors are getting close to providing a proposal to the District.

Mr. Gontijo explained the damage that was caused and the plan for remedy.

There was a brief discussion regarding receiving additional proposals.

This item was deferred.

4 | P age 

On motion by Ms. Houck, seconded by Ms. Legentil, with all in favor, the Board of Supervisors for the Magic Place Community Development District approved the PFM Fee Increase Letter

On motion by Ms. Houck, seconded by Ms. Legentil, with all in favor, the Board of Supervisors for the Magic Place Community Development District approved Resolution 2026-08, Adopting an Assessment Roll for Fiscal Year 2027, and Certifying Special Assessments for Collection.

On motion by Ms. Houck, seconded by Ms. Legentil, with all in favor, the Board of Supervisors for the Magic Place Community Development District approved Resolution 2026-07, Adopting the Fiscal Year 2027 Budget and Appropriating Funds.

Consideration

of

Clean-up

Proposal with Paradise Lawns

Mr. Gontijo confirmed this proposal will take care of the cleanup.

Mr. Watts stated after the final proposal is finalized his office can prepare an addendum to the current agreement with Paradise Lawns.

Discussion Regarding Phase 1B Maintenance

Mr. Gonjito stated currently Phase 1B has a Landscape Maintenance vendor in place but would like to make a change.

He noted a request for proposal was sent to Paradise Lawns to service Phase 1B.

This item was deferred

Discussion

Regarding

Toho

Project Punch List

•

Consideration

of Provide System Kimley-

Proposal Irrigation Calculation Horn
The Board reviewed and discussed the Proposal from Kimley-Horn.

to

with

Ratification	of	Landscape	and

Maintenance Paradise Lawns

Agreement

with

5 | P age 

On motion by Ms. Houck, seconded by Ms. Legentil, with all in favor, the Board of Supervisors for the Magic Place Community Development District approved Proposal to Provide Irrigation System Calculation with Kimley-Horn.

On motion by Ms. Houck, seconded by Ms. Legentil, with all in favor, the Board of Supervisors for the Magic Place Community Development District approved Clean-up Proposal with Paradise Lawns

The Board reviewed the ratification.

Ratification

of

Payment

Authorization Nos. 90-93

The Board reviewed the payment authorizations.

Review

of

District

Financial

Statements

Ms. Gaarlandt noted that as of June 30, 2026, the District is just over $200,000.00 in expenditure.

THIRD ORDER OF BUSINESS

Other Business

Staff Reports

District Counsel –

No Report.

District Engineer –

No Report

Ms. Gaarlandt noted that there were still outstanding items on the report to complete the certificate.

District Manager –

Ms. Gaarlandt noted that District staff will send out reminders for Ethics training.

Audience Comments

6 | P age 

On motion by Ms. Houck, seconded by Ms. Legentil, with all in favor, the Board of Supervisors for the Magic Place Community Development District ratified Payment Authorizations Nos. 90-93.

On motion by Ms. Houck, seconded by Ms. Legentil, with all in favor, the Board of Supervisors for the Magic Place Community Development District Ratified Landscape and Maintenance Agreement with Paradise Lawns.

There were no audience comments.

Supervisors Requests

There were no Supervisor requests.

FOURTH ORDER OF BUSINESS

Adjournment

Secretary/Assistant Secretary

Chairman/Vice Chairman

7 | P age 

On motion by Ms. Houck, seconded by Mr. Gontijo, with all in favor, the August 3, 2026, Meeting of the Board of Supervisors for the Magic Place Community Development District was adjourned.

Magic Place Community Development District

Ratification of FY27 Insurance Renewal Proposal

FLORIDA INSURANCE ALLIANCE

î

›surance

Eÿjis Insuranœ & 8Q Advisors
Ispleaœd to provide a

Propoæl of Insuranœ Cbverage for:

Magic Raœ Dmmunity Ebvelopment

Ôdrid

Reaœ review the propoœd insurance œverage terms and œnditions œrefully.

Written request to bind must be reœived prior to the effective date of average.

The brief description of œverage œntäned in this document is being provided as an a‹xommoddion only and is not intended to œver or des‹:ribe all Coverage Agreement terms. For more œmplete and detäled information relating to the scope and limits of œverage, pleaœ refer directly to the Coverage Agrœment documents. @eômen forms are available upon request.

Page | 1

About RA

Florida Insurance Alliance (“FIA”), authorized and regulated by the Rorida Offiœ of Insuranœ Fègulation, isa non-asææable, governmental insuranœ Trust. BA was created in Saptember 2011 at a time when a large number of @ecial Taxing IDistrictswere having difficulty obtaining insuranœ.
Primarily, this was due to finanôal stability œnœrns and a perœption that theœ snall to mid-èzed I striÖs had a disproportionate exposure to daims. E/en digricts that were daims free for years œuld not obtain œverage. FIAwæ created to fill this void with the goal of providing affordable insuranœ œverage to Special Taxing Digrids. Today, FIA proudly ærves and protects over 1,000 public entity members.

Gxnpetitive Advantaçp
NA allows qualifying FUblic Eritities to achieve broad, tailored œverages with a œst-effedive insuranœ program. Additional program benefits indude:

•
•
•
•

msure-to-value property limitswith no œinsuranœ penalties First dollar coverage for “alleged“ public official ethics violations
Proactive in-houæ daimsmanagement and Ioæ œntrol department
Nsk management ærviœs induding on-ste Ioæ œntrol, property schedule verification and œntrad reviews
Cömplimentary Property Appraiæls
Œline Nd‹ Management BJucation & Training portal Online HR& Benefits 9Jpport portal
HRHotline
Safety Fbrtners Matching Dant Fïogram

•
•
•
•
•

How are RA Members Protected?
FIA employs a œnærvative approach to rid‹ management. Liability risk retained by BA is fully funded prior to the policy term through member premiums. The remainder of the rid‹ is transferred to reinsurers. FIA's primary reinsurers, Lloyds of London and Hudæn Ineranœ Cbmpany, both have AM Best A XV (Exœllent) ratings and surplus of $2BiIIion or greater.

In the event of catastrophic property Ion
as all losses are passed on to the reinsurers.

due to a Named 9orm (i.e., hurricane), the program bears no risk

What Are Members Bxqaorlslble For?
As a non-assessabIeTrust, our members are only respondble for two item«
Annual Ftemiums
Individual Member Ebdudibles

FIA @laws prohibit any asœssments or other fees.

Additional information regzrding RA and our member ærviœsœn be found at www.fia360.org.

Page| 2

Quotation being provided for:

Ma#c Raœ G:›rnmunity Development DiDrio d o PB¥I Group €bnsulting I1C
3501 Quadrange Boulevard, Suite 270
Orlando, FL32817

Term: Œ:tober 1, 2026 to Œtober 1, 2027

Quote Number: 100126673

lt is agreed to indude automatiœlly under this Insuranœ the interest of mortgagees and loss payeeswhere appliœble without advice.

* Exœpt for Zones A & V(œe Terms and Conditions) exceæ of NFIP, whether purchaœd or not

TOTALPBgIÆ TYRÆMIUM

Not lnduded

Fbge | 3

8

jai	Property ¢överagæ

Q›veracp

Dedurtiblœ

Limit

Earth Movement

Not Appliœble

Not lnduded

Rood

Not Appliœble

Not lnduded

Boiler & Machinery

Not Appliœble

Not lnduded

TRA

Not lnduded

DŒMCfIEŒD

Not Appliœble

Fër Œcurrence, All other Fërils, E£iilding & Cbntents and Bdensions of Cbverage.

Not Appliœble

Total Insured Values per building, induding vehide
values, for “Named Storm“ at each affected location throughout Rorida subject to a minimum of Not Appliœble per occurrenœ, per Named Insured.

Fër Attached	hedule

lnland Marine

Not Appliœble

Golf Cburse Tees and Deens Eëdudible on all œvered Fërils if scheduled.

Valuation

Cbinsuranœ

Property

Fëplaœment Côst

None

Inland Marine

Actual Cbsh Value

None

Total Insured Values—ElLiilding and Cbntents— Fér Schedule on file totalling

Not lnduded

Loss of E£isiness Income

Not lnduded

Additional E›‹pense

Not lnduded

Inland Marine

Œheduled Inland Marine

Not lnduded

E›densiors of Qweracp
If marked with an "X' we will œver the following EXTEN9ONSŒ CC/VEF \Œunder this Agrœment, Theœ limits of liability do not increaæ any other appliœble limit of liability.

Fäge| 4

(Xj

Q›de

Bderiéon of Œveraçp

ümit of üability

A

Arœunts Fëœivable

$500,000 in any one oœJrrence

B

Animals

$1,000 any one Animal
$5,000 Annual Agpegate in any one agreement period

E ildings Under Cbnstrudion

Asdedared on Roperty S:hedule, except new buildingsbeingerected at gtes other than a covered location which is limited to $250,000 edimated final contrad value any one cond:rudion project.

D

Lïebris Fïamoval E›‹penæ

$250,000 per insured or 25%of log whichever is greater

E

Eëmolition Cô9:, Operation of ELiilding Lawsand lncreased Cbë: of Cbnd:rudion

$500,000 in any one occurrence

F

Duty to Lëfend

$100,000 any one occurrence

G

Errors and Omissions

$250,000 in any one o	irrence

H

E‹pediting E‹penses

$250,000 in any one oa:urrence

Fire Department Œages

$50,000 in any one occurrence

J

Fungus Oeanup E›‹penæ

$50,000 in the annual agpegate in any one occurrence

K

Lawnç Rants, Treesand hrubs

$50,000 in any one occurrence

L

Leaœhold Interest

lnduded

M

Air Cbnditioning @stems

lnduded

N

New loœtionsof current InsJreds

$1,000,000 in any one oa:urrence for up to 90 days except 60 days for Dale, Broward, Fblm Beach from the date sJch new location(s) is fird: purchased, rented or ocaJpied whichever is earlier. Monroe County on prior submit baésonly

Fërænd property of Employees

$500,000 in any one occurrence

P

Fbllution Cleanup E‹penæ

$50,000 in any one ocourrence

Q

Professiond Fees

$50,000 in any one oa:urrence

R

Fëœrtifiœtion of Eguipment

Induded

S

&rvice Interruption Œverage

$500,000 in any one occurrence

T

Trangt

$1,000,000 in any one oa:urrence

U

Vehides as S:heduled Poperty

lnduded

V

Peœrvation of Poperty

$250,000 in æy one occurrence

Fïoperty at Miscellaneous Unnamed Locdions

$250,000 in any one occurrence

Rers, docsand wharvesas Œheduled Poperty

lnduded on a prior submit basis only

CTdMECCVB AGE
Description
Forgery and Alteration

Umit
$100,000

Deductible
$1,000

Theft, Diæppearanœ or Obstruction

$100,000

$1,000

Computer Fraud induding Funds Transfer Fraud

$100,000

$1,000

Employee Dishonesty, induding faithful performance, per loss

$100,000

$1,000

Pbge | 5

Y

Dass and fiBnitary Fittings
Edension

$25,000 any one oœJrrence

45 Cbnseœtive Esys

Qass and îBnitary fittings
Edension

$25,000 in any one occurrence

Awnings, Guttersand Downspouts

lnduded

fock and Key Fbplaœment

$2,500 any one occurrence

Tracksand fields(exœpt Lawns, Rants Treesand &ubsœvered under œde ig

$250,000 any one oc‹xirrenœ and $500,000 in the annud aggregate in any one
œverm period. or
Up to the declared value if it isspeôfiœlly listed as"Tracks and heldä’ in the schedule of values

Awnings, CLittersand Ebwnspouts

lnduded

Ovil or Military Authority

45 œnæcutive days and one mile.

AUTOMOBLE CDVERAGE

Pbge | 6

€Överagzs

¢ôvered
Autœ

Limit

Premium

¢Ôvered Autœ Üability

8,9

$1,000,000

lnduded

Perœnal Injury Protection

N/A

Not lnduded

Auto Mediœl Fbyments

N/ A

Not lnduded

Uninszired Motorists induding Underirmired Motori&s

N/A

Not lnduded

¢ômprehensive
¢Ôverage

N/ A

A‹:tual ŒŒ Value Or Cbst Œ Fizpair, Whichever lsLeæ, Minus Appliœble Dedudible (See Attached Œhedule)
F-or I5ach Covered Auto, But No Dedudible Applies To Loœ
€buœd @ tre or ü@tning.

Sæ item Four for Hired or Borrowed Autos.

Not lnduded

Phyëœl Damaçp
$ædfied ¢buœsof Loœ¢Ôverage

N/ A

Actual CbW Value Or	Of F pair, Whichever IsLea, Minus Applicable Deductible (She Attached Ahedule)
F-or Each Cbvered Auto For tom€buwd @ Misfiief Or Vandalism
Sæ item Four for Hired or Borrowed autos.

Not Included

Physiœl Damaçp
¢Ôllison ¢bveratp

N/ A

Actual Cb@ Value Or Cb9: Of Fbpair, Whichever Is Less Minus Applicable Deductible(See Attached Sfiedule)
Fbr Bich ¢évered Auto

fiëe item Four for Hired or Borrowed Autos

Not Induded

Phydœl Damage TowingAnd Labor

N/ A

$0 F-or IEach Diœblement ŒA Private Pasæntpr Auto

Not lnduded

æ1æèLuæuwœvlœGE(Œcurrenœ Basis)
Bodily Injury and Property Damage Limit Fërænal Injury and Advertising Injury
Produds & Completed Operations Aggregate ümit Employee Benefits üability Limit, per peræn
Abuæ and Moleë:ation ümit (Added by Oaims Made Endorœment)
Abuæ and Molestation Aggregate ümit (Added by Oaims Made Endorœment) Abuœ and Molestation Fiatroactive L\ate
Herbicide & Fëstiôde Aggregate ümit Mediœl Fbyments ümit
Fire Lïamage ümit
No fault Server Backup ümit General üability Eedudible

$1,000,000
Induded Induded
$1,000,000
Not Induded Not Induded Not Induded
$1,000,000
$5,000
Induded
$25,000/$250,000
$0

PUBJCOFFIOAfSAND EMPLOYMENT PRACI1CEBMAlZUTY(Oaims Made)

Public Officials and Employment Practices Liability Limit

Fér Qaim
Aggregate

$1,000,000
$2,000,000
$0

Public Officials and Employment Pradices Liability Lbductible
Retroactive Lite:

hpplemental Fbyments: Pre-termination $2,500 per employœ - $5,000 annual aggregate. Non-Monetary $100,000 aggregate.
D/ber LiabilitV sublimit induded under FCL/ERJ Media Content Services Liability
Network Security Liability Privacy Liability
hrst Fbrty bdortion Threat hrst Fbrty Diss Management
First Fbrty EtJsness Interruption
Limit: $100,000 each daim/annual aggregate Fraudulent Instrudion: $25,000

Pbge | 7

FLORIDA

CE

PIÆMIUM SJMMAR¥’

MaqcRaœ Q›mmunity Develo/xnent District cl o PH¥I loup CbnsuIting UC
3501 Quadrange IBaulevard, Elite 270 Orlando, R.32817

Term: O‹2ober 1, 2026to Odober 1, 2027

Quote Number: 100126673

PBg¥IIUM @g3N XM/N

Fïoperty(Induding Ssheduled Inland Marine)

Not Induded

Oime

$500

Automobile ùability

Not Induded

Hired Non-Œvned Auto

Induded

Auto Fhyèœl Damage

Not Induded

General üability

Public Œfiôals and Employment Practiœs Liability

$3,726

Deadly Wœpon Protection Cbverage

Not Induded

TOTALPIÆMIUM DUE

$8,780

IMFC GANTNOTE
Defenæ Cbst - Cutside of ùmit, Ebes Not Erode the Limit for General Liability, Public Œfiôals Liability, and Employment related Practiœs üability.

Eeductible does not apply to defenæ œst. &lf-Insured Fëtention doœ apply to defenæ œst.

Additional Notes:
(None)

Fbge | 8

FLORIDA INSURANCE ALLIANCE

PARTICIPATION AGREEMENT
Application for Membership in the Florida Insurance Alliance

The undersigned local governmental entity, certifying itself to be a public agency of the State of Florida as defined in Section 163.01, Florida Statutes, hereby formally makes application with the Florida Insurance
Alliance (”FIA”) for continuing liability and/or casualty coverage through membership in FIA, to become effective 12:01 a.m., 10/01/2026, and if accepted by the FIA's duly authorized representative, does hereby agree as follows:

(a)

That, by this reference, the terms and provisions of the Interlocal Agreement creating the Florida Insurance Alliance are hereby adopted, approved and ratified by the undersigned local governmental entity. The undersigned local governmental entity certifies that it has received a copy of the aforementioned lnterlocal Agreement and further agrees to be bound by the provisions and obligations of the lnterlocal Agreement as provided therein;

(b)

To pay all premiums on or before the date the same shall become due and, in the event Applicant fails to do so, to pay any reasonable late penalties and charges arising therefrom, and all costs of collection thereof, including reasonable attorneys' fees;

(c)

To abide by the rules and regulations adopted by the Board of Directors;

(d)

That should the Applicant desire to cancel coverage; it will give not less than ninety (90) days prior written notice of cancellation;

(e)

That if the Fund desire to cancel coverage; it will give not less than thirty (30) days prior written notice of cancellation;

(f)

That all information contained in the underwriting application provided to FIA as a condition precedent to participation in FIA is true, correct and accurate in all respects.

Magic Place Community Development District

(Name of Local Governmental Entity)

 DOFis HoiJck	
Print Name

Print Name

IS HEREBY APPROVED FOR MEMBERSHIP IN THIS FUND, AND COVERAGE IS EFFECTIVE October 1, 2026

By: 	
Administrator

Page | 9

Magic Place Community Development District

Consideration of Damaged Landscape Restoration Proposal

	Date	
8/20/26

	Proposal #	
TR-2026-2960

 Landscape Installation Proposal	

Contact Information: Alexandre Ribeiro
Frederico Gontijo

Property Name: Magic Place

Service Address: _Same

Submitted By: Tyler Roberts
321-448-6050
support@paradiselawnsfl.com 

Billing Address: _Same

Sub Total:

Sub Total:

Sub Total:

Sub Total:

Total:

Paradise Lawns Landscaping, Inc.2151 Lois Lane | Cocoa, FL 32926Main: (321) 543-8111 | Fax: (321) 433-1233

$	52,502.00

$	-

Task

Plant Type

Instructions

Location

Size

Qty

UOM

Unit Price

Total

$	-

$	-

$	-

$	-

$	-

$	-

$	-

$	-

Task

Plant Type

Instructions

Location

Size

Qty

UOM

Unit Price

Total

$	-

$	-

$	-

$	-

$	-

$	-

$	-

$	23,188.00

Task

Plant Type

Instructions

Location

Size

Qty

UOM

Unit Price

Total

Installation of	Oleander Bush - White	Blue large beds

3 gal

184

EA

$20.00

$	3,680.00

Ixora - Dwarf Red

1 gal

1,256

EA

$9.50

$	11,932.00

$	-

Installation of	Yucca - Adam's Needle	Blue small beds

1 gal

420

EA

$9.50

$	3,990.00

$	-

Irrigation Modifications

1

EA

$475.00

$	475.00

Mulch - Brown Dyed Cypress

51

EA

$61.00

$	3,111.00

$	29,314.00

Task

Plant Type

Instructions

Location

Size

Qty

UOM

Unit Price

Total

Installation of	Oleander Bush - White	Orange large beds

3 gal

230

EA

$20.00

$	4,600.00

Ixora - Dwarf Red

1 gal

1,570

EA

$9.50

$	14,915.00

$	-

Installation of	Yucca - Adam's Needle	Orange small beds

1 gal

520

EA

$9.50

$	4,940.00

$	-

Irrigation Modifications

1

EA

$650.00

$	650.00

Mulch - Brown Dyed Cypress

69

EA

$61.00

$	4,209.00

Description of Work: This proposal covers the defined material below per plan. Paradise will provide all necessary materials, labor and equipment to perform the jobs as defined. Any Change Orders will bedefined and priced accordingly to job specific tasks. proposal is to install plants in medians.

	Proposal #	
TR-2026-2960

Landscape Installation Proposal

Thursday, August 20, 2026

Property Name: Magic Place

Contact Information: _0

Service Address: Same

Submitted By: Tyler Roberts
321-448-6050
support@paradiselawnsfl.com 

Billing Address: _Same

Terms of Contract :

Contracted Amount

$

52,502.00

26,251.00 starting 	

50% Deposit Required

$

-  will be invoiced for the first month to coincide with services rendered.

A prorated amount of

$

Paradise Lawns & Landscaping, Inc. agrees to install the listed material and will perform the services as specified on the proposal page. The length of this agreement is for (30) days from the executed date and will automatically be billed upon completion. Either party may terminate services with a 30 day written notice prior to work beginning. All open balances are considered due should either party terminate the contract. Any litigation costs are at the expense of each party. Paradise is insured for workman's compensation, general liability and automobile liability. Certificates of insurance are available upon request. Paradise Lawns & Landscaping, Inc. assumes no responsibility for damages beyond our control or acts of God. Should any changes be needed please contact us at (877) 282-6611. The attached prices are not subject to change unless both parties agree upon the set amount. Fuel surcharges are enforced should Paradise incur such costs. Paradise uses www.fuelgaugereport.aaa.com to calculate the cost and the invoice will indicate the percentage billed.

Conditions: Any additional trips to the site caused by the customer for reasons uncontrolled by Paradise Lawns & Landscaping will result in a $85.00 trip charge per event. Any changes made to the Scope of Work will result in additional charges to the purchaser. Transplanted plant material is not covered under any warranty. All material is guaranteed to be as specified on the proposal. Any plant changes or substitutions are an additional cost to the purchaser. All plant material must be watered daily or until the plant acclimates which usually happens in 4-6 weeks. Paradise is not responsible for additional water requirements outside of our initial installation. Paradise is a State Certified Irrigation Contractor and can be hired for additional fees
unless noted in the above stated scope of work. Any repairs related to landscape installation will be billed on a time and materials bases. All work is to be completed in a professional manner according to standard Horticulture practices. All agreements are contingent upon strikes, accidents, or other delays beyond our control. Paradise is not responsible for any unmarked
underground utilities, any repair costs are at the expense of the owner.

Terms: Payment must be received once the job is completed, unless other arrangements are made. If payment is more than 5 days past its due date, a 2% penalty will be imposed every day after the projected date. Any delinquencies over 30 days are subject to a 5% penalty per month.
Acceptance of Proposal: The above prices, specifications, method of payment, conditions and terms of payment are satisfactory and hereby accepted. Paradise Lawns & Landscaping is authorized to do the work as specified. Paradise or Purchaser may cancel this contract at any time upon giving a 30 day notice or upon customer default of payment terms.

Tyler Roberts 321-448-6050
support@paradiselawnsfl.com

Date

Authorized Approver (Print)

Date

Authorized Approver (Signature)

Paradise Lawns Landscaping, Inc.2151 Lois Lane | Cocoa, FL 32926Main: (321) 543-8_A1_u1_t1_ho|_rF_iza_inx_g: (_A3_g2_e1_n)_t4_(3_T3_it-_l1_e)233

Magic Place Community Development District

Discussion Regarding Phase 1B Maintenance

Magic Place Community Development District

Consideration of the FY 2026 Auditor Engagement Letter with Grau & Associates

1001 Yamato Road ▪ Suite 301 Boca Raton, Florida 33431
(561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

July 30, 2026

To Board of Supervisors
Magic Place Community Development District 3501 Quadrangle Blvd., Ste. 270
Orlando, FL 32817

We are pleased to confirm our understanding of the services we are to provide Magic Place Community Development District, Osceola County, Florida (“the District”) for the fiscal year ended September 30, 2026. We will audit the financial statements of the governmental activities and each major fund, including the related notes to the financial statements, which collectively comprise the basic financial statements of Magic Place Community Development District as of and for the fiscal year ended September 30, 2026. In addition, we will examine the District’s compliance with the requirements of Section 218.415 Florida Statutes. This letter serves to renew our agreement and establish the terms and fee for the 2026 audit.
Accounting principles generally accepted in the United States of America provide for certain required supplementary information (RSI), such as management’s discussion and analysis (MD&A), to supplement the District’s basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. As part of our engagement, we will apply certain limited procedures to the District’s RSI in accordance with auditing standards generally accepted in the United States of America. These limited procedures will consist of inquiries of management regarding the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We will not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.
The following RSI is required by generally accepted accounting principles and will be subjected to certain limited procedures, but will not be audited:
Management’s Discussion and Analysis
Budgetary comparison schedule
The following other information accompanying the financial statements will not be subjected to the auditing procedures applied in our audit of the financial statements, and our auditor’s report will not provide an opinion or any assurance on that information:
Compliance with FL Statute 218.39 (3) (c)
Audit Objectives
The objective of our audit is the expression of opinions as to whether your financial statements are fairly presented, in all material respects, in conformity with U.S. generally accepted accounting principles and to report on the fairness of the supplementary information referred to in the second paragraph when considered in relation to the financial statements as a whole. Our audit will be conducted in accordance with auditing standards generally accepted in the United States of America and the standards for financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, and will include tests of the accounting records of the District and other procedures we consider necessary to enable us to express such opinions. We will issue a written report upon completion of our audit of the District’s financial statements. We cannot provide assurance that an unmodified opinion will be expressed. Circumstances may arise in which it is necessary for us to modify our opinion or add emphasis-of-matter or other-matter paragraphs. If our opinion on the financial statements is other than unmodified, we will discuss the reasons with you in advance. If, for any reason, we are unable to complete the audit or are unable to form or have not formed an opinion, we may decline to express an opinion or issue a report or may withdraw from this engagement.
We will also provide a report (that does not include an opinion) on internal control related to the financial statements and compliance with the provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a material effect on the financial statements as required by Government Auditing Standards. The report on internal control and on compliance and other matters will include a paragraph that states (1) that the purpose of the report is solely to describe the scope of testing of internal control and compliance, and the results of that testing, and not to provide an opinion on the effectiveness of the District’s internal control on compliance, and (2) that the report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the District’s internal control and compliance. The paragraph will also state that the report is not suitable for any other purpose. If during our audit we become aware that the District is subject to an audit requirement that is not encompassed in the terms of this engagement, we will communicate to management and those charged with governance that an audit in accordance with U.S. generally accepted auditing standards and the standards for financial audits contained in Government Auditing Standards may not satisfy the relevant legal, regulatory, or contractual requirements.

Magic Place Community Development District

2

We will also issue a management letter as required by Chapter 10.550, Rules of the Auditor General of the State of Florida. As part of our audit, we will apply financial condition assessment procedures pursuant to Section 218.39(5), Florida Statutes, and Rule 10.556(8), Rules of the Auditor General, and will report, as applicable, whether the District met any of the conditions described in Section 218.503(1), Florida Statutes.
Examination Objective
The objective of our examination is the expression of an opinion as to whether the District is in compliance with Florida Statute 218.415 in accordance with Rule 10.556(10) of the Auditor General of the State of Florida. Our examination will be conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants and will include tests of your records and other procedures we consider necessary to enable us to express such an opinion. We will issue a written report upon completion of our examination of the District’s compliance. The report will include a statement that the report is intended solely for the information and use of management, those charged with governance, and the Florida Auditor General, and is not intended to be and should not be used by anyone other than these specified parties. We cannot provide assurance that an unmodified opinion will be expressed. Circumstances may arise in which it is necessary for us to modify our opinion or add emphasis-of-matter or other-matter paragraphs. If our opinion on the District’s compliance is other than unmodified, we will discuss the reasons with you in advance. If, for any reason, we are unable to complete the examination or are unable to form or have not formed an opinion, we may decline to express an opinion or issue a report or may withdraw from this engagement.
Other Services
We will assist in preparing the financial statements and related notes of the District in conformity with U.S. generally accepted accounting principles based on information provided by you. These nonaudit services do not constitute an audit under Government Auditing Standards and such services will not be conducted in accordance with Government Auditing Standards. The other services are limited to the financial statement services previously defined. We, in our sole professional judgment, reserve the right to refuse to perform any procedure or take any action that could be construed as assuming management responsibilities.
Management Responsibilities
Management is responsible for compliance with Florida Statute 218.415 and will provide us with the information required for the examination. The accuracy and completeness of such information is also management’s responsibility. You agree to assume all management responsibilities relating to the financial statements and related notes and any other nonaudit services we provide. You will be required to acknowledge in the management representation letter our assistance with preparation of the financial statements and related notes and that you have reviewed and approved the financial statements and related notes prior to their issuance and have accepted responsibility for them. In addition, you will be required to make certain representations regarding compliance with Florida Statute 218.415 in the management representation letter. Further, you agree to oversee the nonaudit services by designating an individual, preferably from senior management, who possesses suitable skill, knowledge, or experience; evaluate the adequacy and results of those services; and accept responsibility for them.
Management is responsible for designing, implementing and maintaining effective internal controls, including evaluating and monitoring ongoing activities, to help ensure that appropriate goals and objectives are met; following laws and regulations; and ensuring that management and financial information is reliable and properly reported. Management is also responsible for implementing systems designed to achieve compliance with applicable laws, regulations, contracts, and grant agreements. You are also responsible for the selection and application of accounting principles, for the preparation and fair presentation of the financial statements and all accompanying information in conformity with U.S. generally accepted accounting principles, and for compliance with applicable laws and regulations and the provisions of contracts and grant agreements.
Management is also responsible for making all financial records and related information available to us and for the accuracy and completeness of that information. You are also responsible for providing us with (1) access to all information of which you are aware that is relevant to the preparation and fair presentation of the financial statements, (2) additional information that we may request for the purpose of the audit, and (3) unrestricted access to persons within the government from whom we determine it necessary to obtain audit evidence.
Your responsibilities include adjusting the financial statements to correct material misstatements and for confirming to us in the written representation letter that the effects of any uncorrected misstatements aggregated by us during the current engagement and pertaining to the latest period presented are immaterial, both individually and in the aggregate, to the financial statements taken as a whole.
You are responsible for the design and implementation of programs and controls to prevent and detect fraud, and for informing us about all known or suspected fraud affecting the government involving (1) management, (2) employees who have significant roles in internal control, and (3) others where the fraud could have a material effect on the financial statements. Your responsibilities include informing us of your knowledge of any allegations of fraud or suspected fraud affecting the government received in communications from employees, former employees, grantors, regulators, or others. In addition, you are responsible for identifying and ensuring that the government complies with applicable laws, regulations, contracts, agreements, and grants and for taking timely and appropriate steps to remedy fraud and noncompliance with provisions of laws, regulations, contracts or grant agreements, or abuse that we report.
Management is responsible for establishing and maintaining a process for tracking the status of audit findings and recommendations. Management is also responsible for identifying and providing report copies of previous financial audits, attestation engagements, performance audits or other studies related to the objectives discussed in the Audit Objectives section of this letter. The District will provide a statement describing corrective actions to be taken in response to each of our recommendations included in the audit report, if any, and relaying to us corrective actions taken to address significant findings and recommendations resulting from those audits, attestation engagements, performance audits, or other studies. You are also

Magic Place Community Development District

3

responsible for providing management’s views on our current findings, conclusions, and recommendations, as well as your planned corrective actions, for the report, and for the timing and format for providing that information.
With regard to the electronic dissemination of audited financial statements, including financial statements published electronically on your website, you understand that electronic sites are a means to distribute information and, therefore, we are not required to read the information contained in these sites or to consider the consistency of other information in the electronic site with the original document.
Audit Procedures—General
An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements; therefore, our audit will involve judgment about the number of transactions to be examined and the areas to be tested. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We will plan and perform the audit to obtain reasonable rather than absolute assurance about whether the financial statements are free of material misstatement, whether from (1) errors, (2) fraudulent financial reporting, (3) misappropriation of assets, or (4) violations of laws or governmental regulations that are attributable to the government or to acts by management or employees acting on behalf of the government. Because the determination of abuse is subjective, Government Auditing Standards do not expect auditors to provide reasonable assurance of detecting abuse.
Because of the inherent limitations of an audit, combined with the inherent limitations of internal control, and because we will not perform a detailed examination of all transactions, there is a risk that material misstatements may exist and not be detected by us, even though the audit is properly planned and performed in accordance with U.S. generally accepted auditing standards and Government Auditing Standards. In addition, an audit is not designed to detect immaterial misstatements or violations of laws or governmental regulations that do not have a direct and material effect on the financial statements. Our responsibility as auditors is limited to the period covered by our audit and does not extend to later periods for which we are not engaged as auditors.
Our procedures will include tests of documentary evidence supporting the transactions recorded in the accounts and may include tests of the physical existence of inventories, and direct confirmation of receivables and certain other assets and liabilities by correspondence with selected individuals, funding sources, creditors, and financial institutions. We will request written representations from your attorneys as part of the engagement, and they may bill you for responding to this inquiry. At the conclusion of our audit, we will require certain written representations from you about your responsibilities for the financial statements; compliance with laws, regulations, contracts, and grant agreements; and other responsibilities required by generally accepted auditing standards.
Audit Procedures—Internal Control
Our audit will include obtaining an understanding of the government and its environment, including internal control, sufficient to assess the risks of material misstatement of the financial statements and to design the nature, timing, and extent of further audit procedures. Tests of controls may be performed to test the effectiveness of certain controls that we consider relevant to preventing and detecting errors and fraud that are material to the financial statements and to preventing and detecting misstatements resulting from illegal acts and other noncompliance matters that have a direct and material effect on the financial statements. Our tests, if performed, will be less in scope than would be necessary to render an opinion on internal control and, accordingly, no opinion will be expressed in our report on internal control issued pursuant to Government Auditing Standards.
An audit is not designed to provide assurance on internal control or to identify significant deficiencies or material weaknesses. However, during the audit, we will communicate to management and those charged with governance internal control related matters that are required to be communicated under AICPA professional standards and Government Auditing Standards.
Audit Procedures—Compliance
As part of obtaining reasonable assurance about whether the financial statements are free of material misstatement, we will perform tests of the District’s compliance with the provisions of applicable laws, regulations, contracts, agreements, and grants. However, the objective of our audit will not be to provide an opinion on overall compliance, and we will not express such an opinion in our report on compliance issued pursuant to Government Auditing Standards.
Engagement Administration, Fees, and Other
We understand that your employees will prepare all confirmations we request and will locate any documents selected by us for testing.
The audit documentation for this engagement is the property of Grau & Associates and constitutes confidential information. However, subject to applicable laws and regulations, audit documentation and appropriate individuals will be made available upon request and in a timely manner to a cognizant or oversight agency or its designee, a federal agency providing direct or indirect funding, or the U.S. Government Accountability Office for purposes of a quality review of the audit, to resolve audit findings, or to carry out oversight responsibilities. We will notify you of any such request. If requested, access to such audit documentation will be provided under the supervision of Grau & Associates personnel. Furthermore, upon request, we may provide copies of selected audit documentation to the aforementioned parties. These parties may intend, or decide, to distribute the copies or information contained therein to others, including other governmental agencies. Notwithstanding the foregoing, the parties acknowledge that various documents reviewed or produced during the conduct of the audit may be public records under Florida law. The District agrees to notify Grau & Associates of any public record request it receives that involves audit documentation.

Magic Place Community Development District

4

The auditor agrees and understands that Chapter 119, Florida Statutes, may be applicable to documents prepared in connection with the services provided hereunder and agrees to cooperate with public record requests made thereunder. In connection with this Agreement, the auditor agrees to comply with all provisions of Florida’s public records laws, including but not limited to Section 119.0701, Florida Statutes, the terms of which are incorporated herein. Among other requirements, the auditor must:

a.
b.

Keep and maintain public records required by the District to perform the service.
Upon request from the District’s custodian of public records, provide the District with a copy of the requested records or allow the records to be inspected or copied within a reasonable time at a cost that does not exceed the cost provided in Chapter 119, Florida Statutes or as otherwise provided by law.
Ensure that public records that are exempt or confidential and exempt from public records disclosure requirements are not disclosed except as authorized by law for the duration of the contract term and following completion of the Agreement if the auditor does not transfer the records to the District.
Upon completion of this Agreement, transfer, at no cost, to the District all public records in possession of the auditor or keep and maintain public records required by the District to perform the service. If the auditor transfers all public records to the District upon completion of this Agreement, the auditor shall destroy any duplicate public records that are exempt or confidential and exempt from public records disclosure requirements. If the auditor keeps and maintains public records upon completion of the Agreement, the auditor shall meet all applicable requirements for retaining public records. All records stored electronically must be provided to the District, upon request from the District’s custodian of public records, in a format that is compatible with the information technology systems of the District.

c.

d.

IF THE AUDITOR HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO THE AUDITOR’S DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS AGREEMENT, CONTACT THE CUSTODIAN OF PUBLIC RECORDS AT PFM GROUP CONSULTING LLC, 3501 QUADRANGLE BLVD., STE 270, ORLANDO, FL 32817, 407-723-5900, RECORDREQUEST@PFM.COM.
Our fee for these services will not exceed $4,200 for the September 30, 2026 audit, unless there is a change in activity by the District, which results in additional audit work or if additional Bonds are issued.

We will complete the audit within prescribed statutory deadlines, with the understanding that your employees will provide information needed to perform the audit on a timely basis. We acknowledge that the District must submit its annual Audit to the Auditor General no later than nine (9) months after the end of the audited fiscal year. Accordingly, for fiscal year ended September 30, 2026, we will deliver a draft audit to the District no later than May 1, 2027 and a final audit report no later than June 1, 2027. All accounting records (including, but not limited to, trial balances, general ledger detail, vendor files, bank and trust statements, minutes, and confirmations) for the fiscal year ended September 30, 2026 must be provided to us no later than January 15, 2027, in order for us to deliver a draft audit to the District no later than May 1, 2027 and a final audit report no later than June 1, 2027.

The audit documentation for this engagement will be retained for a minimum of five years after the report release date. If we are aware that a federal awarding agency or auditee is contesting an audit finding, we will contact the party(ies) contesting the audit finding for guidance prior to destroying the audit documentation.

Our invoices for these fees will be rendered each month as work progresses and are payable on presentation. Invoices will be submitted in sufficient detail to demonstrate compliance with the terms of this agreement. In accordance with our firm policies, work may be suspended if your account becomes 60 days or more overdue and may not be resumed until your account is paid in full. If we elect to terminate our services for nonpayment, our engagement will be deemed to have been completed upon written notification of termination, even if we have not completed our report. You will be obligated to compensate us for all time expended and to reimburse us for all out-of-pocket costs through the date of termination. The above fee is based on anticipated cooperation from your personnel and the assumption that unexpected circumstances will not be encountered during the audit. If significant additional time is necessary, we will discuss it with you and arrive at a new fee estimate.

This agreement may be renewed each year thereafter subject to the mutual agreement by both parties to all terms and fees. The fee for each annual renewal will be agreed upon separately.

The District has the option to terminate this agreement with or without cause by providing thirty (30) days written notice of termination to Grau & Associates. Upon any termination of this agreement, Grau & Associates shall be entitled to payment of all work and/or services rendered up until the effective termination of this agreement, subject to whatever claims or off-sets the District may have against Grau & Associates.

Magic Place Community Development District

5

We will provide you with a copy of our most recent external peer review report and any letter of comment, and any subsequent peer review reports and letters of comment received during the period of the contract. Our 2025 peer review report accompanies this letter.

We appreciate the opportunity to be of service to Magic Place Community Development District and believe this letter accurately summarizes the terms of our engagement. This letter with any addendum, if applicable, is the complete and exclusive statement of the agreement between Grau & Associates and the District with respect to the terms of engagement between the parties. If you have any questions, please let us know. If you agree with the terms of our engagement as described in this letter, please sign the enclosed copy and return it to us.

Very truly yours,

Grau & Associates

Antonio J. Grau

RESPONSE:
This letter correctly sets forth the understanding of Magic Place Community Development District.

By: 	

Title: 	

Date: 	

Magic Place Community Development District

6

AICPA
Administered in Florida
by the Florida Institute of CPAs

Peer Review Program

November 18, 2025

Antonio Grau Grau & Associates
1001 W. Yamato Road, Suite 301 Boca Raton , FL 33431-4403

Dear Antonio Grau:

It is my pleasure to notify you that on November 18, 2025, the Florida Peer Review Committee accepted the report on the most recent System Review of your firm. The due date for your next review is December 31, 2028. This is the date by which all review documents should be completed and submitted to the administering entity.

As you know, the report had a peer review rating of pass. The Committee asked me to convey its congratulations to the firm.

Thank you for your cooperation.

Sincerely,

Peer Review Team
FICPA Peer Review Committee paul@ficpa.org
850.224.2727, x5957

cc: Daniel Hevia, David Caplivski

Firm Number: 900004390114

Review Number: 616829

Magic Place Community Development District

Ratification of the FY 2026 Arbitrage Engagement Letter with LLS Tax Solutions Inc.

LLS Tax Solutions Inc.
1645 Sun City Center Plz, #5027
Sun City Center, FL 33571 Telephone: 850-754-0311 Email: liscott@llstax.com

Tax - Exempt Bond Services

May 4, 2026

Magic Place Community Development District c/o PFM Group Consulting LLC
3501 Quadrangle Blvd., Suite 270
Orlando, Florida 32817

Thank you for choosing LLS Tax Solutions Inc. (“LLS Tax”) to provide arbitrage services to Magic Place Community Development District (“Client”) for the following bond issue. This Engagement Letter describes the scope of the LLS Tax services, the respective responsibilities of LLS Tax and Client relating to this engagement and the fees LLS Tax expects to charge.

•

$18,800,000 Magic Place Community Development District Special Assessment Revenue Bonds, Series 2019

SCOPE OF SERVICES

The procedures that we will perform are as follows:

•

Assist in calculation of the bond yield, unless previously computed and provided to us.

•

Assist in determination of the amount, if any, of required rebate to the federal government.

•

Issuance of a report presenting the cumulative results since the issue date of the issue of bonds.

•

Preparation of necessary reports and Internal Revenue Service (“IRS”) forms to accompany any required payment to the federal government.

As a part of our engagement, we will read certain documents associated with each issue of bonds for which services are being rendered. We will determine gross proceeds of each issue of bonds based on the information provided in such bond documents. You will have sole responsibility for determining any other amounts not discussed in those documents that may constitute gross proceeds of each series of bonds for the purposes of the arbitrage requirements.

TAX POSITIONS AND REPORTABLE TRANSACTIONS

Because the tax law is not always clear, we will use our professional judgment in resolving questions affecting the arbitrage calculations. Unless you instruct us otherwise, we will take the reporting position most favorable to you whenever reasonable. Any of your bond issues may be selected for review by the IRS, which may not agree with our positions. Any proposed adjustments are subject to certain rights of appeal. Because of the lack of clarity in the law, we cannot provide assurances that the positions asserted by the IRS may not ultimately be sustained, which could result in the assessment

of potential penalties. You have the ultimate responsibility for your compliance with the arbitrage laws; therefore, you should review the calculations carefully.

The IRS and some states have promulgated “tax shelter” rules that require taxpayers to disclose their participation in “reportable transactions” by attaching a disclosure form to their federal and/or state income tax returns and, when necessary, by filing a copy with the Internal Revenue Service and/or the applicable state agency. These rules impose significant requirements to disclose transactions and such disclosures may encompass many transactions entered into in the normal course of business. Failure to make such disclosures will result in substantial penalties. In addition, an excise tax is imposed on exempt organizations (including state and local governments) that are a party to prohibited tax shelter transactions (which are defined using the reportable transaction rules). Client is responsible for ensuring that it has properly disclosed all “reportable transactions” and, where applicable, complied with the excise tax provision. The LLS Tax services that are the subject of this Engagement Letter do not include any undertaking by LLS Tax to identify any reportable transactions that have not been the subject of a prior consultation between LLS Tax and Client. Such services, if desired by Client, will be the subject of a separate engagement letter. LLS Tax may also be required to report to the IRS or certain state tax authorities certain tax services or transactions as well as Client’s participation therein. The determination of whether, when and to what extent LLS Tax complies with its federal or state “tax shelter” reporting requirements will be made exclusively by LLS Tax. LLS Tax will not be liable for any penalties resulting from Client’s failure to accurately and timely file any required disclosure or pay any related excise tax nor will LLS Tax be held responsible for any consequences of its own compliance with its reporting obligations. Please note that any disclosure required by or made pursuant to the tax shelter rules is separate and distinct from any other disclosure that Client might be required to or choose to make with its tax returns (e.g., disclosure on federal Form 8275 or similar state disclosure).

PROFESSIONAL FEES AND EXPENSES

Our professional fees for the services listed above for the annual calculation period beginning May 2, 2025, through the period ending May 1, 2026, is $500, which includes reasonable out-of-pocket expenses. We will bill you upon completion of our services. Our invoices are payable upon receipt. Additionally, you may request additional consulting services from us upon occasion; we will bill you for these consulting services at a beforehand agreed upon rate.

Unanticipated factors that could increase our fees beyond the estimate given above include the following (without limitation). Should any of these factors arise we will alert you before additional fees are incurred.

•
•

Investment data provided by you is not in good order or is unusually voluminous.

Proceeds of bonds have been commingled with amounts not considered gross proceeds of the bonds (if that circumstance has not previously been communicated to us).

•

A review or other inquiry by the IRS with respect to an issue of bonds.

ACCEPTANCE

You understand that the arbitrage services, report and IRS forms described above are solely to assist you in meeting your requirements for federal income tax compliance purposes. This Engagement Letter constitutes the entire agreement between Client and LLS Tax with respect to this engagement, supersedes all other oral and written representations, understandings or agreements relating to this engagement, and may not be amended except by the mutual written agreement of the Client and LLS Tax.

Please indicate your acceptance of this agreement by signing in the space provided below and

returning a copy of this Engagement Letter to us. you.

Thank you again for this opportunity to work with

Very truly yours,
LLS Tax Solutions Inc.

AGREED AND ACCEPTED:
Magic Place Community Development District

By: 	

By:  Linda L. Scott	
Linda L. Scott, CPA

Print Name 	

Title 	
Date: 	

Doris Houck

Doris Houck

Chair

8/24/2026

Magic Place Community Development District

Ratification of the First Amendment to Maintenance Agreement with Paradise Lawn

FIRST ADDENDUM TO THE MAINTENANCE SERVICES AGREEMENT BETWEEN THE MAGIC PLACE COMMUNITY DEVELOPMENT DISTRICT AND PARADISE LAWNS & LANDSCAPING INC.

THIS FIRST ADDENDUM (the “Addendum”) is made and entered into this 3^rd day of August, 2026, by and between Magic Place Community Development District, a local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes (the “District”) and Paradise Lawn & Landscaping, Inc., a Florida corporation (“Contractor”) (collectively the “Parties”).

RECITALS

WHEREAS, the District is a local unit of special-purpose government established to finance, fund, plan, establish, acquire, construct or reconstruct, enlarge and extend, equip, operate and maintain systems, facilities and infrastructure in conjunction with the development of lands within the District; and

WHEREAS, the District and Contractor previously entered into that certain Agreement for Maintenance Services, dated June 8, 2026, (the “Agreement”) for landscape maintenance services for areas owned by the District (the “District Property”); and

WHEREAS, the District desires to expand the scope of services within the District Property to include the additional maintenance and landscaping services described in Exhibit “A” and attached to this Addendum, which services shall be provided by Contractor within the District Property pursuant to the Agreement; and

WHEREAS, the Contractor agrees to perform these additional services in accordance with the terms and conditions set forth in this Addendum.

NOW, THEREFORE, in consideration of the recitals, agreements and mutual covenants contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:

1.

Recitals. The recitals so stated are true and correct and by this reference are

incorporated into and form a material part of this Agreement.

2.

Scope of Services. Contractor agrees to perform supplemental services for the

District Property, as described in more detail and attached as Exhibit “A.” The services shall be performed at the frequencies set forth therein.

3.

Cost and Payment Terms. The District shall pay Contractor an additional monthly

fee of $2,900.00 for the services described in Section 2 to this Addendum, payable in accordance with the payment terms set forth in the Agreement.

4.

Term. This Addendum shall commence on the date first written above and shall

continue for the duration of the Agreement, unless terminated earlier in accordance with the terms of the Agreement.

5.

Affirmation of the Agreement. The Agreement is hereby affirmed and continues to

constitute a valid and binding agreement between the Parties. Except as described in Section 2 of

this Addendum, nothing herein shall modify the rights and obligations of the parties under the Agreement. All of the remaining provisions, including, but not limited to, the engagement of services, fees, costs, indemnification, and sovereign immunity provisions, remain in full effect and fully enforceable.

6.

Authorization. The execution of this Addendum has been duly authorized by the

appropriate body or official of the District and Contractor, both the District and Contractor have

complied with all the requirements of law, and each of the Parties have full power and authority to comply with the terms and provisions of this Addendum.

7.

Execution in Counterparts. This Addendum may be executed in any number of

counterparts, each of which when executed and delivered shall be an original; however, all such counterparts together shall constitute, but one and the same instrument.

[Signatures on following page]

IN WITNESS WHEREOF, the parties have executed this Agreement as of the date(s) written below.

MAGIC

PLACE

COMMUNITY

DEVELOPMENT DISTRICT

By: 	  Print Name: 	 Title: 		
Date: 	

Doris H Houck

Doris Houck

Chair

8/19/2026

PARADICE LAWNS AND LANDSCAPING, INC.

By: 	  Print Name: 	 Title: 		
Date: 	

Exhibit “A”

Additional Services

	Date	
7/1/2026

  Proposal # 
TR-2026-2937

 Landscape Installation Proposal	

Property Name: Magic Place

Contact Information: Frederico Gontijo

Service Address: Same

Submitted By: Tyler Roberts
321-448-6050
troberts@paradiselawnsfl.com

Billing Address: Same

Sub Total:

Sub Total:

Sub Total:

Sub Total:

Total:

  Proposal # 
TR-2026-2937

Landscape Installation Proposal

Wednesday, July 1, 2026

Property Name: Magic Place

Contact Information: Frederico Gontijo

Service Address: Same

Submitted By: Tyler Roberts
321-448-6050
troberts@paradiselawnsfl.com

Billing Address: Same

Terms of Contract :

Contracted Amount

$  2,900.00

$	2,900.00

$	-

Task

Plant Type

Instructions

Location

Size

Qty

UOM

Unit Price

Total

$	-

$	-

$	-

$	-

$	-

$	-

$	-

$	-

Task

Plant Type

Instructions

Location

Size

Qty

UOM

Unit Price

Total

$	-

$	-

$	-

$	-

$	-

$	-

$	-

$	-

Task

Plant Type

Instructions

Location

Size

Qty

UOM

Unit Price

Total

$	-

$	-

$	-

$	-

$	-

$	-

$	-

$	2,900.00

Task

Plant Type

Instructions

Location

Size

Qty

UOM

Unit Price

Total

Clean-Up	Beds and crack weeds

1

EA

$2,500.00

$	2,500.00

Disposal of Debris

1

EA

$400.00

$	400.00

$	-

$	-

$	-

$	-

$	-

Description of Work: This proposal covers the defined material below per plan. Paradise will provide all necessary materials, labor and equipment to perform the jobs as defined. Any Change Orders will bedefined and priced accordingly to job specific tasks. This proposal is to clean up the property so it can properly be maintained.

50% Deposit Required	^NA

starting

 	

Full Amount of:	$ 2,900.00

will be invoiced for the first month to coincide with services rendered.

Paradise Lawns & Landscaping, Inc. agrees to install the listed material and will perform the services as specified on the proposal page. The length of this agreement is for (30) days from the executed date and will automatically be billed upon completion. Either party may terminate services with a 30 day written notice prior to work beginning. All open balances are considered due should either party terminate the contract. Any litigation costs are at the expense of each party. Paradise is insured for workman's compensation, general liability and automobile liability. Certificates of insurance are available upon request. Paradise Lawns & Landscaping, Inc. assumes no responsibility for damages beyond our control or acts of God. Should any changes be needed please contact us at (877) 282-6611. The attached prices are not subject to change unless both parties agree upon the set amount. Fuel surcharges are enforced should Paradise incur such costs. Paradise

Conditions: Any additional trips to the site caused by the customer for reasons uncontrolled by Paradise Lawns & Landscaping will result in a $85.00 trip charge per event. Any changes made to the Scope of Work will result in additional charges to the purchaser. Transplanted plant material is not covered under any warranty. All material is guaranteed to be as specified on the proposal. Any plant changes or substitutions are an additional cost to the purchaser. All plant material must be watered daily or until the plant acclimates which usually happens in 4-6 weeks. Paradise is not responsible for additional water requirements outside of our initial installation. Paradise is a State Certified Irrigation Contractor and can be hired for additional fees unless noted in the above stated scope of work. Any repairs related to landscape installation will be billed on a time and materials bases. All work is to be completed in a professional manner according to standard Horticulture practices. All agreements are contingent upon strikes, accidents, or other delays beyond our control. Paradise is not responsible for any unmarked underground utilities, any repair costs are at the

Terms: Payment must be received once the job is completed, unless other arrangements are made. If payment is more than 5 days past its due date, a 2% penalty will be imposed every day after the projected date. Any delinquencies over 30 days are subject to a 5% penalty per month.
Acceptance of Proposal: The above prices, specifications, method of payment, conditions and terms of payment are satisfactory and hereby accepted. Paradise Lawns & Landscaping is authorized to do the work as specified. Paradise or Purchaser may cancel this contract at any time upon giving a 30 day notice or upon customer default of payment terms.

Tyler Roberts 321-448-6050
troberts@paradiselawnsfl.com

Date

Authorized Approver (Print)

Date

Authorized Approver (Signature)

Authorizing Agent (Title)

Doris Houck

Doris H Houck

Chair

Magic Place Community Development District

Ratification of Kimley-Horn Agreement for Irrigation Calculation Services
(provided under separate cover)

Magic Place Community Development District

Ratification of Payment Authorization Nos.
94 – 100

MAGIC PLACE
D E V E L O P M E N T D I S T R I C T

C O M M U N I T Y

Payment Authorization No. 094 6/5/2026

Invoice No

Supplier

Invoice Date

Property

Invoice Amount
125.00
125.00

8570

VGLOBALTECH (MPCDD)

06/01/2026

Magic Place CDD

Total:

Secretary

Chairpe

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

MAGIC PLACE
D E V E L 0 P M E N T D I S T R I C T

C 0 M M U N I T Y

Payment Authorization No. 095
6/12/2026

Invoice No

Supplier

Invoice Date

Property

Invoice
Amount
260.00

4758

BOYD CIVIL ENGINEERING, INC. (MPCDD)
PFM Management Services LLC (MPCDD)
PFM Management Services LLC (MPCDD)

06/03/2026

Magic Place CDD

DM-06-2026-44

06/05/2026

Magic Place CDD

2,750.00

OE-EXP-06-2026-21

06/09/2026

Magic Place CDD

44.27

Total:

3,054.27

Secretary

hairpers

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

MAGIC PLACE
D E V E L O P M E N T D I S T R I C T

C O M M U N I T Y

Payment Authorization No. 096 6/18/2026

Invoice No

Supplier

Invoice Date

Property

Invoice Amount
489.00
62.79
551.79

82886
7BA85DEF-0131

COBB COLE (MPCDD)
OSCEOLA NEWS GAZETTE (MPCDD)

06/02/2026
06/16/2026

Magic Place CDD Magic Place CDD

Total:

Secretary

irperson

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

MAGIC PLACE
C O M M U N I T Y D E V E L O P M E N T D I S T R I C T

Payment Authorization No. 097 7/10/2026

Invoice No

Supplier

Invoice Date

Property

Invoice
Amount
1,802.50
4,390.38
71.00
1,308.58
200.00
1,509.27

15245
15246
15406
15540
2026.07.06
16497-063026

DORA LANDSCAPING, LLC (MPCDD) DORA LANDSCAPING, LLC (MPCDD) DORA LANDSCAPING, LLC (MPCDD) DORA LANDSCAPING, LLC (MPCDD)
Doris H Houck (MPCDD)
DUKE ENERGY PAYMENT PROCESSING (MPCDD)
DUKE ENERGY PAYMENT PROCESSING (MPCDD)
PFM Management Services LLC (MPCDD)

06/01/2026
06/01/2026
05/28/2026
06/11/2026
07/06/2026
06/30/2026

Magic Place CDD Magic Place CDD Magic Place CDD Magic Place CDD Magic Place CDD Magic Place CDD

92634-061926

06/19/2026

Magic Place CDD

669.37

142891

06/30/2026

Magic Place CDD

1,250.00

Total:

11,201.10

Secretary

irperson

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

MAGIC PLACE
C O M M U N I T Y D E V E L O P M E N T D I S T R I C T

Payment Authorization No. 098 7/17/2026

Invoice No

Supplier

Invoice Date

Property

Invoice Amount
206.51
2,750.00

7BA85DEF-0133 DM-07-2026-48

OSCEOLA NEWS GAZETTE (MPCDD)
PFM Management Services LLC (MPCDD)
VGLOBALTECH (MPCDD) VGLOBALTECH (MPCDD)

06/30/2026
07/06/2026

Magic Place CDD Magic Place CDD

8635
8705

06/30/2026
07/01/2026

Magic Place CDD Magic Place CDD

300.00
125.00
3,381.51

Total:

hairperso

Secretary

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

MAGIC PLACE
D E V E L O P M E N T D I S T R I C T

C O M M U N I T Y

Payment Authorization No. 099 7/24/2026

Invoice Amount
207.00
669.37

Invoice No

Supplier

Invoice Date

Property

84745
92634-072226

COBB COLE (MPCDD)
DUKE ENERGY PAYMENT PROCESSING (MPCDD)

07/08/2026
07/22/2026

Magic Place CDD Magic Place CDD

Total:

876.37

Secretary

rperson

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

MAGIC PLACE
D E V E L 0 P M E N T D I S T R I C T

C 0 M M U N I T Y

Payment Authorization No. 100 7/31/2026

Supplier

Invoice Amount
1,509.27

Invoice No

Invoice Date

Property

16497-073126

DUKE ENERGY PAYMENT PROCESSING (MPCDD)
Paradise Lawns & Landscaping (MPCDD)

07/31/2026

Magic Place CDD

261468

07/01/2026

Magic Place CDD

4,804.00

Total:

6,313.27

Chairperso

Secretary

Please make check payable to: Magic Place CDD
% 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
August 2026 Financial Package

August 31, 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 8/31/2026

General Fund

Debt Service Fund

Capital Projects Fund

Long Term Debt Fund

Total

Assets

Current Assets
General Checking Account
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

$

563,767.13

$

563,767.13
1,132,280.28
564,683.06
50.14
1,227.65
81.58
59,744.57

$

1,132,280.28
564,683.06
50.14
1,227.65
81.58

$

59,744.57

$

563,767.13

$

1,698,322.71

$

59,744.57

$

-

$

2,321,834.41

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

$

1,698,322.71
15,206,677.29

$

1,698,322.71
15,206,677.29

$

-

$

-

$

-

$

16,905,000.00

$

16,905,000.00

$

563,767.13

$

1,698,322.71

$

59,744.57

$

16,905,000.00

$

19,226,834.41

Total Assets

Liabilities and Net Assets

Current Liabilities
Accounts Payable
Total Current Liabilities

$

10,579.00

$

10,579.00

$

10,579.00

$

-

$

-

$

-

$

10,579.00

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

$

16,905,000.00

$

16,905,000.00

$

-

$

-

$

-

$

16,905,000.00

$

16,905,000.00

$

10,579.00

$

-

$

-

$

16,905,000.00

$

16,915,579.00

Total Liabilities

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

$

(5,247.50)
244,028.12
314,407.51

$

(5,247.50)
244,028.12
314,407.51

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

$

1,666,199.66
32,123.05

1,666,199.66
32,123.05

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

$

526,995.11
(10,500.54)

526,995.11
(10,500.54)

Net Assets - General Government
Total Net Assets

(456,750.00)

(456,750.00)

$

553,188.13

$

1,698,322.71

$

59,744.57

$

-

$

2,311,255.41

Total Liabilities and Net Assets

$

563,767.13

$

1,698,322.71

$

59,744.57

$

16,905,000.00

$

19,226,834.41

Page 1 of 3

Magic Place CDD Statement of Activities As of 8/31/2026

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

$

524,123.85
3,073.96

$

524,123.85
3,073.96
1,164,607.92
6,830.38

$

1,164,607.92
6,830.38

$

527,197.81

$

1,171,438.30

$

-

$

-

$

1,698,636.11

Expenses

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

$

1,200.00
3,466.00
5,601.92
30,250.00
2,146.00
3,750.00
267.92
2,515.50
7,500.00
4,100.00
12.84
71.06
663.03
2,275.00
175.00
23,058.49
24,379.30
4,236.00
500.00
109,215.44

$

1,200.00
3,466.00
5,601.92
30,250.00
2,146.00
3,750.00
267.92
2,515.50
7,500.00
4,100.00
12.84
71.06
663.03
2,275.00
175.00
23,058.49
24,379.30
4,236.00
500.00
109,215.44
425,000.00
760,125.02
12,380.00

$

425,000.00
760,125.02

$

12,380.00

$

225,383.50

$

1,185,125.02

$

12,380.00

$

-

$

1,422,888.52

Other Revenues (Expenses) & Gains (Losses)

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

$

12,593.20

$

12,593.20
45,809.77
1,879.46

$

45,809.77

$

1,879.46

$

12,593.20

$

45,809.77

$

1,879.46

$

-

$

60,282.43

Change In Net Assets

$

314,407.51

$

32,123.05

$

(10,500.54)

$

-

$

336,030.02

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

$

553,188.13

$

1,698,322.71

$

59,744.57

$

-

$

2,311,255.41

Page 2 of 3

Magic Place CDD
Budget to Actual
For the month ending 08/31/2026

FY 2026
Adopted Budget

Percentage Spent

YTD Actual

YTD Budget

YTD Variance

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

$

524,123.85
3,073.96

$

461,317.08
-

$

62,806.77
3,073.96

$

503,255.00
-

104.15%
0.00%

$

527,197.81

$

461,317.08

$

65,880.73

$

503,255.00

104.76%

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
30,250.00
2,146.00
3,750.00
2,515.50
71.06
267.92
7,500.00
- 4,100.00
663.03
-
- 2,275.00
175.00
3,466.00
4,236.00
500.00
24,379.30
- 109,215.44
23,058.49
12.84
1,200.00
-

$

5,500.00
30,250.00
9,166.67
4,583.33
18,333.33
366.67
366.67
6,875.00
229.17
3,300.00
3,300.00
229.17
458.33
2,475.00
160.42
3,372.42
4,121.33
458.33
91,666.67
11,000.00
225,775.00
36,666.67
18.33
- 2,644.58

$

101.92
- (7,020.67)
(833.33)
(15,817.83)
(295.61)
(98.75)
625.00
(229.17)
800.00
(2,636.97)
(229.17)
(458.33)
(200.00)
14.58
93.58
114.67
41.67
(67,287.37)
(11,000.00)
(116,559.56)
(13,608.18)
(5.49)
1,200.00
(2,644.58)

$

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%
91.67%
21.46%
75.00%
12.58%
17.77%
66.98%
100.00%
0.00%
113.89%
18.42%
0.00%
0.00%
84.26%
100.00%
94.21%
94.22%
100.00%
24.38%
0.00%
44.34%
57.65%
64.20%
0.00%
0.00%

$

225,383.50

$

461,317.08

$

(235,933.58)

$

503,255.00

44.79%

Total Expenses

$

225,383.50

$

461,317.08

$

(235,933.58)

$

503,255.00

Income (Loss) from Operations

$

301,814.31

$

-

$

301,814.31

$

-

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

$

12,593.20

$

-

$

12,593.20

$

-

$	12,593.20

$

-

$

12,593.20

$

-

Net Income (Loss)

$  314,407.51

$

-

$

314,407.51

$

-

Page 3 of 3

Magic Place Community Development District

Staff Reports

Magic Place Community Development District

District Engineer