VENETIAN ISLES COMMUNITY DEVELOPMENT DISTRICT

MIAMI-DADE COUNTY REGULAR BOARD MEETING APRIL 26, 2022
7:00 P.M.

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

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

AGENDA
VENETIAN ISLES COMMUNITY DEVELOPMENT DISTRICT
Venetian Isles Community Clubhouse 15355 Egret Lake Circle Miami, Florida 33185
REGULAR BOARD MEETING
April 26, 2022
7:00 p.m.

Call to Order
Proof of Publication…	Page 1
Establish Quorum
Vacancy Announcement (Seat #1 – Effective February 1, 2022)
Appointment of Officer to Vacant Seat (Seat #1)
Administer Oath of Office and Review New Board Member Duties and Responsibilities
Election of Officers
Chairperson
Vice Chairperson
Secretary/Treasurer
Assistant Secretary
Additions or Deletions to Agenda
Comments from the Public for Items Not on the Agenda
Approval of Minutes
1. November 16, 2021 Regular Board Meeting…	Page 2
Old Business
Update Regarding Shared-Use Lane Markings
Update Regarding Main Entrance Improvements (SW 153 Court)
Update Regarding Street Signs
Update Regarding Lake Bank Erosion…	Page 5
New Business
1. Consider Resolution No. 2022-01 – Adopting a Fiscal Year 2022/2023 Proposed Budget…	Page 6
Administrative & Operational Matters
Announcement of Qualifying Period: Noon, June 13, 2022 – Noon, June 17, 2022 (Seats 3&4)
Statement of Financial Interests/Disclosure 2021 Form 1: Filing Deadline July 1, 2022
Board Member and Staff Closing Comments
Adjourn

MIAMI DAILY BUSINESS REVIEW
Published Daily except Saturday, Sunday and Legal Holidays
Miami, Miami-Dade County, Florida

STATE OF FLORIDA COUNTY OF MIAMI-DADE:

Before the undersigned authority personally appeared GUILLERMO GARCIA, who on oath says that he or she is the DIRECTOR OF OPERATIONS, Legal Notices of the Miami Daily Business Review f/k/a Miami Review, a daily		(except Saturday,	Sunday	and	Legal	Holidays)	newspaper, published at Miami in Miami-Dade County, Florida; that the attached copy of advertisement, being a Legal Advertisement of Notice in the matter of

VENETIAN ISLES COMMUNITY DEVELOPMENT DISTRICT - FISCAL YEAR 2021/2022 REGULAR MEETING SCHEDULE

in the XXXX Court,
was published in said newspaper in the issues of

10/13/2021

VENETIAN ISLES COMMUNITY DEVELOPMENT DISTRICT
. FISCAL YEAR 2021/2022···
REGULAR MEETING SCHEDULE
NOTICE IS HEREBY GIVEN that the Board of Supervisors {the .'.Board') of! the Venetian Isles Community Development DistricC{the "District') will \ hold Regular Meetings in the. Venetian Isles Community Cfubhoyse Meeting !
Room located at 15355 Egret Lake Circle, .Miami, Florida 33.1 5.at7:00 p.m.:
on the following date_s:    '	·. , . -	•· •· ., .'	I

October 26, 2021
November 16, 2021
November 23, 2021

January 25, 2()22

Affiant further says that the said Miami Daily Business Review is a newspaper published at Miami, in said Miami-Dade County, Florida and that the said newspaper has heretofore been continuously published in said Miami-Dade County, Florida each day (except Saturday, Sunday and Legal Holidays) and

F.ebruary 2Z 2022··
· March g2, 2()22
Aprif2e;2022
May 24,2022
··June 28, 2022
· §eptember 27, 2022
t

•·· ·

has been entered as second class mail matter at the post office in Miami in said Miami-Dade County, Florida, for a period of one year next preceding the first publication of the attached copy of advertisement; and affiant further says that he or she has neither paid nor promised any person, firm or corporation any discount, rebate, commission or refund for the purpose of securing  this  advertisement  for  publication  in  the  said

GUILLERMO GARCIA personally known to me

/':°-·' tA,·t\  Commission#GG 277771

A !-:i. ·-., CHRISTIN LYNNRAI/IX

·<': °f:t ?-··· Bonded Thrn Troy Fainlnsuranco $00-:JB;>-7019

i )}ExpiresNovemb r 19,2022	,.

The purpose of the meetings is·for the'Board to consider any District business which may lawfully. and properly come before theBoard. Meetings are open to the public and will be conducted·in accordance with the provisions of Florida law for Community Development Districts. Copies of the Agenda

\1 ·'

fonmy.of.the meetings .may,_be ob_tain d n:si:m theDisirict'_s:y;ebs.ite,.or by _contacting the District Manager at.561-630-4922 and/or toll free at 1-.877. 73774922, prior to th'e d_ate of th-eparticular meeting,·  .·
F;o ti it \me.o eor· '.s; dmembers m y participatebJ\ iephone;
.therefore, a speaker tel phone_,will be pjesent-at the meeiing location so
that Boa'rd members may.be fully informed of.the discussions taking place. Said meeting{s) may be continued as found necessary to a time and place specified on.the record.,-· ·	• · ·  ·  ·	·

If any person decides to;,appekl any decision-made with respectto any matter considered-at these,m_eetings, s4ch person will need a record of the proceedings and such person,may need to.insure that a verbatim record' of the proceedings is made at his or her own expense.and which.record includes the testimony and evide_nce on:which the appeal) b sed::...	:

In-accordance .with.the.provisions of th 'Alnerjcans· with.Disabilities ·Act, any person requiring special accommodations or'an interpreter io participate at any of these meetings should contact the District Manager at 561 63D-4922 an d/or toll free at 1-877-737-4 22 at least seven (7) days prior to the date of the particular meeting,	·

Meetings may be cancelled from time to time.with no adv!lrti_sed notice.

VENETIAN ISLES COMMUNITY DEVELOPMENT DISTRICT .;

www.venetianislescdd.org
10/13	21-19/0000556242M

VENETIAN ISLES COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING
NOVEMBER 16, 2021

Note: The Venetian Isles Community Development District (the “District”) Regular Board Meeting was held in the pool area of the Venetian Isles Community Clubhouse.

CALL TO ORDER

District Manager Nancy Nguyen called the November 16, 2021, Regular Board Meeting of the District to order at approximately 7:00 p.m. in the Venetian Isles Community Clubhouse pool area located at 15355 Egret Lake Circle, Miami, Florida 33185.

PROOF OF PUBLICATION

Ms. Nguyen presented proof of publication that notice of the Regular Board Meeting had been published in the Miami Daily Business Review on October 13, 2021, as part of the District’s Fiscal Year 2021/2022 Meeting Schedule, as legally required.

ESTABLISH A QUORUM

Ms. Nguyen determined that the attendance of Chairperson Mary Ann Delgado, Vice Chairman José Medina and Supervisors Richard Borrazas and David Mattison constituted a quorum and it was in order to proceed with the meeting.

Staff members in attendance were: District Manager Nancy Nguyen of Special District Services, Inc.; and District Counsel Gregory George of Billing, Cochran, Lyles, Mauro & Ramsey, P.A.

Also in attendance were: Juan Cespedes of Miami, Florida; Juan Zelaya of Miami, Florida; and Raul Alessandri of Alvarez Engineers.

ADDITIONS OR DELETIONS TO THE AGENDA

There were no additions or deletions to the agenda.

COMMENTS FROM THE PUBLIC FOR ITEMS NOT ON THE AGENDA

There were no comments from the public for items not on the agenda.

APPROVAL OF MINUTES
September 28, 2021, Regular Board Meeting

Ms. Nguyen presented the minutes of the September 28, 2021, Regular Board Meeting and asked if there were any changes and/or corrections.

There being no comments or changes, a motion was made by Mr. Mattison, seconded by Mr. Borrazas and passed unanimously approving the minutes of the September 28, 2021, Regular Board Meeting, as presented.

OLD BUSINESS

Update Regarding Road Improvements Report (Alvarez Engineers)

Ms. Nguyen stated, per the Board’s request, that she had instructed Alvarez Engineers to perform an analysis of the current speed bump locations and to provide an analysis of their effectiveness. Ms. Nguyen further explained that Alvarez Engineers provided the District with a Technical Memorandum explaining their analysis. Mr. Alessandri, the representative in attendance on behalf of Alvarez Engineers, reviewed the Technical Memorandum with the Board. The Board discussed the need to strategically plan the speed bumps, bicycle sharrow markings and the main entrance improvements projects so that the individual projects do not conflict with one another. The Board stated that they would like to look into the possibility of installing speed tables similar to the ones used in the London Square Plaza located on the southeast corner of SW 137th Avenue and SW 120th Street. A discussion ensued after which the Board consensus was to allow more time for the Board to ponder the options provided by Alvarez Engineers in the Technical Memorandum and bring these topics back for discussion at a future meeting.

Update Regarding Bicycle Sharrow Markings Grants

This item was discussed during item G.1.

Update Regarding Main Entrance Improvements (SW 153rd Court)

This item was discussed during item G.1.

Update Regarding Street Signs

Ms. Nguyen stated that the emblems for the signs that needed repair work were currently in production by Saul Signs. She went on to advise the Board that after the acceptance of the Saul Signs’ proposal for the repairs, additional damage was done to one of the street sign posts at the intersection of SW 30th Street and Egret Lakes Circle. She further explained that she requested a proposal from Saul Signs to repair the street sign post and sign. In order to have the repairs completed alongside the already approved work, Ms. Nguyen accepted the proposal from Saul Signs in the amount of $1,100. Ms. Nguyen stated that it would be in order to ratify the District Manager’s actions.

A motion was made by Mr. Borrazas, seconded by Mr. Mattison and unanimously passed ratifying the District Manager’s actions and accepting the proposal from Saul Signs in the amount of $1,100 for the repair of the street sign post and sign at the intersection of SW 30th Street and Egret Lakes Circle.

Update Regarding Lake Bank Erosion

Ms. Nguyen stated that an inspection of the lake banks reflected that the lake bank that should be addressed next should be the Murano lake bank. Ms. Nguyen reminded the Board that the lake bank will look unmaintained; therefore, Ms. Nguyen advised that this project would commence sometime between January and March of 2022. Another item to consider prior to starting the project is the weather. It would be ideal to start the project when the lake bank is not wet. The Board agreed with Ms. Nguyen. More information on this item will be provided at a future meeting.

NEW BUSINESS
Staff Report, as Required

The Board informed Ms. Nguyen that the lakes were showing signs of weed growth. Ms. Nguyen stated that Allstate Resource Management, Inc. (Allstate) ad treated the lakes with herbicide for the weed growth on October 22nd, November 2nd and would continue to treat the lakes until the weeds are gone. The Board requested that Allstate be more aggressive with the application of the herbicide. Ms. Nguyen acknowledged the Board’s request.

ADMINISTRATIVE & OPERATIONAL MATTERS
Staff Report, as Required

There was Staff Report at this time.

BOARD MEMBER & STAFF CLOSING COMMENTS

Ms. Nguyen stated that unless an emergency were to arise, the Board would not need to meet until January 25, 2022.

ADJOURNMENT

There being no further business to come before the Board, a motion was made by Mr. Medina, seconded by Mr. Borrazas and passed unanimously adjourning the Regular Board Meeting at approximately 8:02 p.m.

Secretary/Assistant Secretary	Chairperson/Vice Chairperson

Venetian Isles Murano Northeast Lake Bank Restoration
2021/2022

Restoration Area Access Area

RESOLUTION NO. 2022-01

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE VENETIAN ISLES COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET AND NON-AD VALOREM SPECIAL ASSESSMENTS FOR FISCAL YEAR 2022/2023; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Board of Supervisors (the “Board”) of the Venetian Isles Community Development District (the “District”) is required by Section 190.008(2)(a), Florida Statutes, to approve a Proposed Budget for each fiscal year; and,

WHEREAS, the Proposed Budget including the Assessments for Fiscal Year 2022/2023 has been prepared and considered by the Board.

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

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

Section 2.  A Public Hearing is hereby scheduled for June 28, 2022 at 7:00 p.m. in the Venetian Isles Community Clubhouse Meeting Room located at 15355 Egret Lake Circle, Miami, Florida 33185, for the purpose of receiving public comments on the Proposed Fiscal Year 2022/2023 Budget.

PASSED, ADOPTED and EFFECTIVE this 26th day of April, 2022.

ATTEST:	VENETIAN ISLES
COMMUNITY DEVELOPMENT DISTRICT

By:			By:		 Secretary/Assistant Secretary			Chairperson/Vice Chairperson

Venetian Isles Community Development District

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

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

DETAILED PROPOSED DEBT SERVICE FUND BUDGET IV	ASSESSMENT COMPARISON

PROPOSED BUDGET
VENETIAN ISLES COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	
FISCAL YEAR 2022/2023
BUDGET	
Administrative Assessments	65,110	
Maintenance Assessments	92,362	
Debt Assessments	344,402	
Other Revenues	0	
Interest Income	420	
		
TOTAL REVENUES	$	502,294	
		
EXPENDITURES		
MAINTENANCE EXPENDITURES		
Aquatic Maintenance - Lake Tracts - Herbicides	9,800	
Aquatic Maintenance - Lake Tracts - Grass Carps	1,500	
General Maintenance - Lake Tracts/Shoreline Restoration	15,000	
Drainage Structure Maintenance/Cleaning	6,000	
Roadway/Street Improvements - Repairs (Including Signs)	9,000	
Engineers Report/Inspections/Consulting	1,500	
Field Operations Management	1,620	
Miscellaneous Improvement Projects	8,400	
Security Camera MTE/Cable/Monitoring	2,500	
Infrastructure Reserve Fund	17,500	
Pressure Cleaning	6,000	
Contingency (Maintenance & Storm Clean-up)	8,000	
TOTAL MAINTENANCE EXPENDITURES	86,820	
		
ADMINISTRATIVE EXPENDITURES		
Supervisor Fees	6,000	
Payroll Taxes	460	
Management	32,688	
Secretarial	4,200	
Legal	9,000	
Assessment Roll	6,000	
Audit Fees	3,600	
Insurance	6,800	
Legal Advertisements	700	
Web Site Admin, Payroll Services, Meeting Room Rental & Mileage	3,500	
Office Supplies, Postage & Mailings	1,550	
Dues & Subscriptions	175	
Trustee Fee	3,550	
Continuing Disclosure Fee	350	
Administrative Contingency	1,200	
TOTAL ADMINISTRATIVE EXPENDITURES	79,773	
		
TOTAL EXPENDITURES	$	166,593	
		
REVENUES LESS EXPENDITURES	$	335,701	
		
Bond Payments	(323,738)	
		
BALANCE	$	11,963	
		
County Appraiser & Tax Collector Fee	(10,038)	
Discounts For Early Payments	(20,075)	
		
EXCESS/ (SHORTFALL)	$	(18,150)	
		
Carryover From Prior Year	18,150	
		
NET EXCESS/ (SHORTFALL)	$	0	

DETAILED PROPOSED BUDGET
VENETIAN ISLES COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	
FISCAL YEAR 2020/2021
ACTUAL	
FISCAL YEAR 2021/2022
BUDGET	
FISCAL YEAR 2022/2023
BUDGET	

COMMENTS	
Administrative Assessments	65,808	64,154	65,110	Expenditures Less Interest & Carryover/.94	
Maintenance Assessments	87,440	94,489	92,362	Expenditures/.94	
Debt Assessments	349,125	343,248	344,402	Bond Payments/.94	
Other Revenues	0	0	0		
Interest Income	823	420	420	Interest Projected At $35 Per Month	
					
TOTAL REVENUES	$	503,196	$	502,311	$	502,294		
					
EXPENDITURES					
MAINTENANCE EXPENDITURES					
Aquatic Maintenance - Lake Tracts - Herbicides	8,340	9,800	9,800	No Change From 2021/2022 Budget	
Aquatic Maintenance - Lake Tracts - Grass Carps	0	1,500	1,500	No Change From 2021/2022 Budget	
General Maintenance - Lake Tracts/Shoreline Restoration	0	15,000	15,000	No Change From 2021/2022 Budget	
Drainage Structure Maintenance/Cleaning	0	6,000	6,000	No Change From 2021/2022 Budget	
Roadway/Street Improvements - Repairs (Including Signs)	1,068	9,000	9,000	No Change From 2021/2022 Budget	
Engineers Report/Inspections/Consulting	2,037	1,500	1,500	No Change From 2021/2022 Budget	
Field Operations Management	1,620	1,620	1,620	No Change From 2021/2022 Budget	
Miscellaneous Improvement Projects	7,747	8,400	8,400	No Change From 2021/2022 Budget	
Security Camera MTE/Cable/Monitoring	1,991	2,500	2,500	No Change From 2021/2022 Budget	
Infrastructure Reserve Fund	0	17,500	17,500	No Change From 2021/2022 Budget	
Pressure Cleaning	5,250	6,000	6,000	Pressure Cleaning	
Contingency (Maintenance & Storm Clean-up)	1,325	10,000	8,000	$2,000 Decrease From 2021/2022 Budget	
TOTAL MAINTENANCE EXPENDITURES	29,378	88,820	86,820		
					
ADMINISTRATIVE EXPENDITURES					
Supervisor Fees	2,700	6,000	6,000	No Change From 2021/2022 Budget	
Payroll Taxes	207	460	460	Supervisor Fees *7.65%	
Management	31,308	31,740	32,688	CPI Adjustment (Capped At 3%)	
Secretarial	4,200	4,200	4,200	No Change From 2021/2022 Budget	
Legal	13,140	9,000	9,000	No Change From 2021/2022 Budget	
Assessment Roll	6,000	6,000	6,000	As Per Contract	
Audit Fees	3,600	3,600	3,600	Accepted Amount For 2021/2022 Audit	
Insurance	5,708	6,800	6,800	Insurance Estimate	
Legal Advertisements	648	700	700	No Change From 2021/2022 Budget	
Web Site Admin, Payroll Services, Meeting Room Rental & Mileage	2,703	3,500	3,500	No Change From 2021/2022 Budget	
Office Supplies, Postage & Mailings	523	1,650	1,550	$100 Decrease From 2021/2022 Budget	
Dues & Subscriptions	175	175	175	No Change From 2021/2022 Budget	
Trustee Fee	3,548	3,550	3,550	No Change From 2021/2022 Budget	
Continuing Disclosure Fee	350	350	350	No Change From 2021/2022 Budget	
Administrative Contingency	532	1,200	1,200	Administrative Contingency	
TOTAL ADMINISTRATIVE EXPENDITURES	75,342	78,925	79,773		
					
TOTAL EXPENDITURES	$	104,720	$	167,745	$	166,593		
					
REVENUES LESS EXPENDITURES	$	398,476	$	334,566	$	335,701		
					
Bond Payments	(330,465)	(322,653)	(323,738)	2023 P & I Payments Less Earned Interest	
					
BALANCE	$	68,011	$	11,913	$	11,963		
					
County Appraiser & Tax Collector Fee	(4,842)	(10,037)	(10,038)	Two Percent Of Total Assessment Roll	
Discounts For Early Payments	(18,157)	(20,076)	(20,075)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	45,012	$	(18,200)	$	(18,150)		
					
Carryover From Prior Year	0	18,200	18,150	Carryover Balance From Prior Years	
					
NET EXCESS/ (SHORTFALL)	$	45,012	$	-	$	0		

DETAILED PROPOSED DEBT SERVICE FUND BUDGET VENETIAN ISLES COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	FISCAL YEAR 2020/2021 ACTUAL	FISCAL YEAR 2021/2022 BUDGET	FISCAL YEAR 2022/2023 BUDGET	

COMMENTS	

Interest Income	
20	
25	
25	
Projected Interest For 2022/2023	

NAV Tax Collection	
330,465	
322,653	
323,713	
2023 P & I Payments Less Earned Interest	

Total Revenues	
$	330,484	
$	322,678	
$	323,738		

EXPENDITURES					

Principal Payments	
250,000	
255,000	
265,000	
Principal Payment Due In 2023	

Interest Payments	
80,106	
67,678	
58,738	
Interest Payments Due In 2023	

Total Expenditures	
$	330,106	
$	322,678	
$	323,738		

Excess/ (Shortfall)	
$	378	
$	-	
$	-		

Series 2013 Bond Refunding Information
Original Par Amount =	$3,825,000	Annual Principal Payments Due =	May 1st	
Interest Rate =	1.25% - 3.875%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date = Maturity Date =	May 2013
May 2028			
Par Amount As Of 1/1/22 =	$1,990,000			

Venetian Isles Community Development District Assessment Comparison

Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	
2019/2020	2020/2021	2021/2022	2022/2023	
Assessment*	Assessment*	Assessment*	Projected Assessment*	

Administrative	$	119.40	$	114.05	$	111.97	$	113.63	
Maintenance	$	156.37	$	157.48	$	164.91	$	161.19	
Debt	$	602.30	$	606.53	$	601.14	$	603.16	

Total	
$	
878.07	
$	
878.06	
$	
878.02	
$	
877.98	

* Assessments Include the Following :	 4% Discount for Early Payments
1% County Tax Collector Fee
1% County Property Appraiser Fee

 Community Information (O&M):	

Total Units	574	
Less Lot #30-4916-030-0090		
Transfer To HOA Common Area	1	
Billed for O&M	573	

 Community Information (Debt):	

Total Units	574	
Prepayments	3	
Billed for Debt	571