RESOLUTION NO. 2025-11 A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE BLACK CREEK COMMUNITY DEVELOPMENT DISTRICT DECLARING SPECIAL ASSESSMENTS; INDICATING THE LOCATION, NATURE AND ESTIMATED COST OF THE IMPROVEMENTS TO BE CONSTRUCTED, A PORTION OF WHICH COST IS TO BE DEFRAYED BY THE SPECIAL ASSESSMENTS; PROVIDING THE MANNER IN WHICH SUCH SPECIAL ASSESSMENTS SHALL BE APPORTIONED; PROVIDING WHEN SUCH SPECIAL ASSESSMENTS SHALL BE PAID; DESIGNATING CERTAIN LANDS WITHIN THE THIRD EXPANSION AREA OF THE DISTRICT UPON WHICH THE SPECIAL ASSESSMENTS SHALL BE LEVIED; PROVIDING FOR AN ASSESSMENT PLAT; AUTHORIZING THE PREPARATION OF A PRELIMINARY ASSESSMENT ROLL; PROVIDING FOR A PUBLIC HEARING TO CONSIDER THE ADVISABILITY AND PROPRIETY OF THE SPECIAL ASSESSMENTS AND THE RELATED IMPROVEMENTS; PROVIDING FOR NOTICE OF SAID PUBLIC HEARING; PROVIDING FOR PUBLICATION OF THIS RESOLUTION; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the Board of Supervisors ("Board") of the Black Creek Community Development District ("District") hereby determines to construct and/or acquire certain public improvements ("Improvements") described in the Third Supplemental Engineer's Report dated December 5, 2025, and as may be further revised, prepared by Ford Engineers, Inc. (the "Engineer's Report"), and in the plans and specifications available for review at the offices of Special District Services, Inc., located at 8785 SW 165th Avenue, #200, Miami, FL 33193 or 2501A Burns Road, Palm Beach Gardens, Florida 33410 (the "District Offices"); WHEREAS, the District is empowered by Chapters 170, 190 and 197, Florida Statutes, to refinance, finance, fund, plan, establish, acquire, construct or reconstruct, enlarge or extend, equip and operate the Improvements and to impose, levy, and collect the Assessments (as defined below); WHEREAS, the Board finds that it is in the best interest of the District to pay all or a portion of the cost of the Improvements by imposing, levying, and collecting special assessments pursuant to Chapters 170, 190 and 197, Florida Statutes ("Assessments") against the assessable lands within the Third Expansion Area of the District; WHEREAS, the District hereby determines, based on the findings in the Engineer's Report, that benefits will accrue to the property improved, the amount of those benefits, and that the Assessments will be made in proportion to the benefits received as set forth in the District's Master Special Assessment Methodology Report and Third Supplemental Special Assessment Methodology Report dated December 5, 2025, as may be further supplemented, prepared by Special District Services, Inc. (the "Methodology Reports"), a copy of which is available for review in the District Offices, for the assessable lands within the Third Expansion Area of the District; WHEREAS, the District hereby determines that the Assessments to be levied will not exceed the benefits to the property so improved; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE BLACK CREEK COMMUNITY DEVELOPMENT DISTRICT, THAT: Section 1. The above recitals are hereby incorporated and adopted as the findings of fact of the Board. Section 2. The Assessments shall be levied to defray the costs of the Improvements. Section 3. The nature of the Improvements generally consists of, but not necessarily limited to, off-site and on-site roadway improvements including the payment by the District of related road impact fees, stormwater management and drainage systems, water distribution system including the payment by the District of related connection charges, sanitary sewer system including the payment by the District of related connection charges and other related improvements, all as described more particularly in the Engineer's Report and the plans and specifications available for review in the District Offices. Section 4. The general locations of the Improvements are within a tract of land in the District consisting of approximately 9.27+/- acres located within Miami-Dade County, Florida, in an area bounded on the east by SW 133rd Avenue, on the north by SW 232nd Street, on the west by undeveloped land owned by Florida Power and Light Co., and on the south by SW 236th Street. Section 5. The estimated cost of the Improvements is approximately $2,969,109 (hereinafter referred to as the "Estimated Cost") based on the Engineer's Report. Section 6. The Assessments will defray approximately $4,000,000, which includes all or a portion of the Estimated Cost, plus issuance related costs, capitalized interest, if so required and a debt service reserve requirement. Section 7. The manner in which the Assessments shall be apportioned and paid is contained within the Methodology Reports. Initially, the Assessments will be levied on a per acre basis since the Improvements increase the value of all the lands within the Third Expansion Area of the District. On and after the date the benefited lands within the Third Expansion Area of the District are specifically platted, the Assessments will be levied on a per unit/lot basis. Until such time all benefitted lands within the Third Expansion Area of the District are specifically platted, the manner by which the Assessments will be imposed shall be a combination of a per acre basis and a per unit basis all in accordance with the Methodology Reports. Section 8. The Assessments shall be levied on all lots and lands, within the Third Expansion Area of the District which are adjoining and contiguous or bounding and abutting upon the Improvements or specially benefited thereby and further designated on the assessment plat and/or assessment roll referenced in the Methodology Reports. Section 9. There is on file in the District Offices an assessment plat showing the area to be assessed, with the plans and specifications describing the proposed Improvements and the Estimated Cost, all of which shall be open to inspection by the public. Section 10. The District Manager is hereby authorized and directed to cause to be made a preliminary assessment roll, as promptly as possible, which shall show the lots and lands to be 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. Section 11. Commencing with the year in which the District incurs obligations for the payment of a portion of the Estimated Cost of the Improvements which are acquired and/or constructed by the District, the Assessments shall be paid in not more than thirty (30) annual installments (not counting any capitalized period) 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 uniform method of collection described in Chapter 197, Florida Statutes, the Assessments may be collected in such manner as is otherwise permitted by law. Section 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 within the Third Expansion Area of the District 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. Section 13. Pursuant to Section 170.05, Florida Statutes, the District Manager is hereby directed to cause this resolution to be published twice in a newspaper of general circulation within Miami-Dade County. Section 14. In the event this Resolution conflicts with any other Resolution of the District, this Resolution shall govern and the conflicting Resolution shall be repealed to the extent of such conflict. PASSED, ADOPTED and EFFECTIVE this 5th day of December, 2025. BLACK CREEK COMMUNITY DEVELOPMENT DISTRICT www.blackcreekcdd.org IPL0300859 Jan 6,13 2026