RESOLUTION 2026-03 A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE ACACIA GROVE COMMUNITY DEVELOPMENT DISTRICT DECLARING SPECIAL ASSESSMENTS; INDICATING THE LOCATION, NATURE AND ESTIMATED COST OF THOSE IMPROVEMENTS FOR WHICH ALL OR A PORTION OF THE COST IS TO BE DEFRAYED BY THE SPECIAL ASSESSMENTS; PROVIDING THE PORTION OF THE ESTIMATED COST OF THE IMPROVEMENTS TO BE DEFRAYED BY THE SPECIAL ASSESSMENTS; PROVIDING THE MANNER IN WHICH SUCH SPECIAL ASSESSMENTS SHALL BE MADE; PROVIDING WHEN SUCH SPECIAL ASSESSMENTS SHALL BE MADE; DESIGNATING LANDS UPON WHICH THE SPECIAL ASSESSMENTS SHALL BE LEVIED; PROVIDING FOR AN ASSESSMENT PLAT; AUTHORIZING THE PREPARATION OF AND APPROVING A PRELIMINARY ASSESSMENT ROLL; PROVIDING FOR A PUBLIC HEARING TO CONSIDER THE ADVISABILITY AND PROPRIETY OF SAID ASSESSMENTS AND THE RELATED IMPROVEMENTS; PROVIDING FOR PUBLICATION OF THIS RESOLUTION WHEREAS, the Board of Supervisors (the "Board") of the Acacia Grove Community Development District (the "District") hereby determines to fund, construct, and/or acquire certain public improvements (the "Improvements") as described and set forth in the Engineer's Report, as later defined herein, and in the plans and specifications available for review at the offices of the District Manager located at 5385 N. Nob Hill Rd., Sunrise, FL 33351 and at GMS, Miami office, located at 2804 NE 8th Street, Suite 202, Homestead, Florida 33033 (collectively, the "District Offices"); and WHEREAS, the District is empowered by Chapters 170, 190 and 197, Florida Statutes, to finance, fund, plan, establish, acquire, construct or reconstruct, enlarge or extend, equip, operate and/or maintain the Improvements and to impose, levy and collect the Assessments (as defined below); and WHEREAS, the Board finds that it is in the best interest of the District to pay the cost of all or a portion of the Improvements by imposing, levying, and collecting special assessments pursuant to Chapters 170, 190 and 197, Florida Statutes (the "Assessments"); and WHEREAS, the District hereby determines that direct and special benefits will accrue to the property improved, the amount of those direct and special benefits, and that special assessments will be made in proportion to the benefits received as set forth in the Master Assessment Methodology for Special Assessment Bonds, prepared by Governmental Management Services-South Florida, LLC, dated November 21, 2025, as amended and supplemented from time to time by the Board (the "Assessment Report"), which Assessment Report is attached hereto and made a part hereof as Exhibit A. The Assessment Report is on file and available for review in the District Offices; and WHEREAS, the District hereby determines that the Assessments to be levied will not exceed the direct and special benefits to the property so improved. NOW, THEREFORE, BE RESOLVED BY THE BOARD OF SUPERVISORS OF THE ACACIA GROVE COMMUNITY DEVELOPMENT DISTRICT, THAT: 1. The foregoing recitals are hereby incorporated as the findings of fact of the Board. 2 . Assessments shall be levied to defray a portion of the cost of the Improvements. 3. The nature of the Improvements generally consists of stormwater management and control systems, including, but not limited to, related earthwork, water and wastewater facilities, including any applicable connection fees; public roadway improvements including any applicable mobility fees; and related soft and incidental costs, all as described more particularly in the Engineer's Report for Acacia Grove Community Development District, prepared by Alvarez Engineers, Inc., dated November 21, 2025, as amended and supplemented from time to time by the Board ("Engineer's Report"), which Engineer's Report is incorporated herein and made a part hereof as Exhibit B. The Engineer's Report is available for review and on file, along with the plans and specifications, in the District Offices. 4. The general location of the Improvements is within a tract of land located south of SW 336 Street, west of SW 194 Avenue, east of SW 197 Avenue and north of SW 340 Street, in unincorporated Miami-Dade County ("County"), Florida, as described in the Engineer's Report and on the plans and specifications referred to above. 5. The estimated cost of the Improvements is approximately $14,324,000 (hereinafter referred to as the "Estimated Cost") based on the Engineer's Report. 6. The Assessments will defray approximately $17,210,000 which includes the Estimated Cost, plus financing-related costs, capitalized interest, debt service reserve and contingency. 7. The manner in which the Assessments shall be apportioned and paid is contained with the Assessment Report. As provided in further detail in the Assessment Report, the Assessments will be levied initially on a per acre basis since the Improvements increase the value of all the lands within the District. On and after the date benefited lands within the District are specifically platted, the Assessments as to platted lots will be levied in accordance with the Assessment Report. 8. The Assessments shall be levied in accordance with the Assessment Report referenced above on all lots and lands within the District which are adjoining and contiguous or bounding and abutting upon the Improvements or directly and specially benefited thereby and further designated by the assessment plat hereinafter provided for. 9. There is on file at the District Offices an assessment plat showing the area to be assessed, with the plans and specifications describing the Improvements and the Estimated Cost; all of which shall be open to inspection by the public. 10. The District Manager is hereby authorized and directed to cause, and has caused, to be made a preliminary assessment roll which shows the lots and lands assessed, the amount of benefit to and the Assessment against each lot or parcel of land and the number of annual installments into which the assessment is divided. 11. In accordance with the Assessment Report and commencing with the year in which the District is obligated to make payment of a portion of the Estimated Cost of the Improvements acquired and/or constructed by the District, the Assessments shall be paid in not more than thirty (30) annual installments payable at the same time and in the same manner as are ad-valorem taxes and as prescribed by Chapter 197, Florida Statutes; provided, however, that in the event the non-ad valorem assessment method of collecting the Assessments is not available to the District in any year, or the District determines not to utilize the provisions of Chapter 197, Florida Statutes, the Assessments may be collected as otherwise permitted by law. 12. Upon completion of the preliminary assessment roll, the Board shall adopt a subsequent resolution to fix a time and place at which the owners of property to be assessed or any other persons interested therein may appear before the Board and be heard as to the propriety and advisability of the Assessments or the making of the Improvements, the cost thereof, the manner of payment therefor or the amount thereof to be assessed against each property as improved; and to authorize such notice and publications of same as may be required by Chapter 170, Florida Statutes, or other applicable law. 13. Pursuant to Section 170.05, Florida Statutes, the District Manager is hereby directed to cause this Resolution to be published once a week for a period of two weeks in a newspaper of general circulation within Miami-Dade County, Florida. PASSED, ADOPTED, AND EFFECTIVE this 21st day of November, 2025. ACACIA GROVE COMMUNITY DEVELOPMENT DISTRICT IPL0295133 Dec 23,30 2025