New Port - Tampa Bay Community Development District
3501 Quadrangle Boulevard, Suite 270, Orlando, FL 32817
Phone 407-723-5900
www.newporttampabaycdd.com

The following is the proposed agenda for the Continued Board of Supervisors Meeting of the New Port Tampa Bay Community Development District (“District”), scheduled to be held on Thursday, May 7, 2026, at 11:00 a.m. at 5120 Marina Way, Tampa, Florida, 33611. The attendance of three Board Members is required to constitute a quorum.

To attend the meeting by phone, please use the below conference call information:

Call in number:1-844-621-3956 Passcode: 2539 895 0958 #
BOARD OF SUPERVISORS’ MEETING AGENDA

Administrative Matters
Call to Order
Roll Call to confirm quorum
Public Comment Period
General Business Matters
Consideration of Resolution 2026-04, Approving a Preliminary Budget for Fiscal Year 2027 and Setting a Public Hearing Date [suggested date of August 20, 2026]
Fiscal Year 2027 Proposed Budget
Fiscal Year 2027 Proposed Budget (including District Maintenance)
Consideration of Response from the Master Association Relative to the Termination of the 2017 Infrastructure Operating Agreement with Westshore Marina Master Association

Other Business
Staff Reports
District Counsel
District Engineer
District Manager
Next Meeting: June 18, 2026
Letter from Hillsborough County Supervisor of Elections
Site Manager / Westshore Marina District Master Association Manager
Maintenance Updates
Audience Comments
Supervisors Requests

Adjournment

New Port – Tampa Bay Community Development District

Consideration of Resolution 2026-04,
Approving a Preliminary Budget for Fiscal Year 2027 and Setting a Public Hearing Date
Fiscal Year 2027 Proposed Budget
Fiscal Year 2027 Proposed Budget
(Including District Maintenance)

New Port Tampa Bay CDD
Proposed FY 2027 Budget

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

EXHIBIT A
New-Port Tampa Bay Community Development District Proposed Fiscal Year 2027 Annual Operations & Maintenance Budget

	Actual		Anticipated April -		Anticipated		FY 2026 Adopted		FY 2027 Proposed	
	Through		Sept.		FY 2026 Total		Budget		Budget	
	03/31/26									

Revenues										
On-Roll Assessments	$	116,366.70		$	21,041.50		$  137,408.20		$	137,408.20		$	180,000.00	
Interest Income	4,365.42		-		4,365.42		-		-	
Net Revenues	$	120,732.12		$	21,041.50		$  141,773.62		$	137,408.20		$	180,000.00	

General & Administrative Expenses										
Public Officials' Liability Insurance	$	3,014.00		$	-		$	3,014.00		$	3,315.40		$	3,500.00	
Supervisor Fees	-		1,250.00		1,250.00		2,500.00		2,400.00	
General Insurance	5,598.00		-		5,598.00		6,157.80		6,500.00	
Trustee Services	1,728.50		2,471.50		4,200.00		4,500.00		4,500.00	
District Management Fees	11,250.00		11,250.00		22,500.00		22,500.00		40,000.00	
Assessment Administration	10,000.00		-		10,000.00		10,000.00		10,000.00	
Reamortization Schedule	-		250.00		250.00		250.00		250.00	
Disclosure Agent	1,250.00		3,750.00		5,000.00		5,000.00		5,000.00	
Engineering Fees	7,678.00		5,000.00		12,678.00		10,000.00		25,000.00	
District Counsel	16,967.50		7,500.00		24,467.50		15,000.00		25,000.00	
Audit Fees	4,300.00		-		4,300.00		4,800.00		4,800.00	
Legal Advertising	1,287.31		1,000.00		2,287.31		2,000.00		2,500.00	
Website Maintenance Fee	1,050.00		1,650.00		2,700.00		2,700.00		2,700.00	
Utilities	6,342.83		6,965.58		13,308.41		16,000.00		16,000.00	
Postage/ Shipping	2.96		100.00		102.96		200.00		500.00	
Miscellaneous Charges	3,892.99		1,150.00		5,042.99		2,300.00		1,125.00	
Tax Preparation Fee	6.42		3.58		-		10.00		50.00	
Reserve	-		30,000.00		-		30,000.00		30,000.00	
Dues, Licenses & Fees	175.00		-		175.00		175.00		175.00	
Total General & Administrative	$	74,543.51		$	72,340.66		$  116,874.17		$	137,408.20		$	180,000.00	
Expenses

Current Year Proposed	Net Per Unit		$137.26	
1311 Units	Gross per Unit		$	146.02	
				
Prior Year Adopted	Net Per Unit	$	106.60		
1292 Units	Gross per Unit	$	113.41		

New Port-Tampa Bay CDD Fiscal Year 2027 Assessment Schedule

Unit Type	FY 2027 O&M
Assessment	Series 2021
Debt Service	Total	

Platted Lots	
$	146.02		
$	146.02	
Tower 1	146.02	$	1,889.29	2,035.31	

EXHIBIT A
New-Port Tampa Bay Community Development District Proposed Fiscal Year 2027 Annual Operations & Maintenance Budget

Actual	Anticipated April - Through		Sept.
03/31/26

Anticipated FY 2026 Total

FY 2026 Adopted	FY 2027 Proposed Budget		Budget

Revenues

On-Roll Assessments	$	116,366.70		$	21,041.50		$  137,408.20		$	137,408.20		$	192,000.00	
On-Roll Assessments- Master	-		-		-		-		600,000.00	
Interest Income	4,365.42		-		4,365.42		-		-	
Net Revenues	$	120,732.12		$	21,041.50		$  141,773.62		$	137,408.20		$	792,000.00	

General & Administrative Expenses
Public Officials' Liability Insurance		
$	3,014.00		
$	-		
$	3,014.00		
$	3,315.40		
$	3,500.00	
Supervisor Fees		-		1,250.00		1,250.00		2,500.00		2,400.00	
General Insurance		5,598.00		-		5,598.00		6,157.80		6,500.00	
Trustee Services		1,728.50		2,471.50		4,200.00		4,500.00		4,500.00	
District Management Fees		11,250.00		11,250.00		22,500.00		22,500.00		52,000.00	
Assessment Administration		10,000.00		-		10,000.00		10,000.00		10,000.00	
Reamortization Schedule		-		250.00		250.00		250.00		250.00	
Disclosure Agent		1,250.00		3,750.00		5,000.00		5,000.00		5,000.00	
Engineering Fees		7,678.00		5,000.00		12,678.00		10,000.00		25,000.00	
District Counsel		16,967.50		7,500.00		24,467.50		15,000.00		25,000.00	
Audit Fees		4,300.00		-		4,300.00		4,800.00		4,800.00	
Legal Advertising		1,287.31		1,000.00		2,287.31		2,000.00		2,500.00	
Website Maintenance Fee		1,050.00		1,650.00		2,700.00		2,700.00		2,700.00	
Utilities		6,342.83		6,965.58		13,308.41		16,000.00		16,000.00	
Postage/ Shipping		2.96		100.00		102.96		200.00		500.00	
Miscellaneous Charges		3,892.99		1,150.00		5,042.99		2,300.00		1,125.00	
Tax Preparation Fee		6.42		3.58		-		10.00		50.00	
Reserve		-		30,000.00		-		30,000.00		30,000.00	
Dues, Licenses & Fees		175.00		-		175.00		175.00		175.00	

Total General & Administrative Expenses		74,543.51		72,340.66		116,874.17		137,408.20		192,000.00	

Master Assocation Maint.

Total Master Administrative Expenses Total Expenses

Master Association Maintenance 
-	-

-	-

$	74,543.51	$	72,340.66

-

-

$  116,874.17

-	$	600,000.00

-	$	600,000.00

$	137,408.20	$	792,000.00

Current Year Proposed	Net Per Unit		$603.96	
1311 Units	Gross per Unit		$642.51	
				
Prior Year Adopted	Net Per Unit	$	106.60		
1292 Units	Gross per Unit	$	113.41		

New Port-Tampa Bay CDD Fiscal Year 2027 Assessment Schedule

Unit Type	FY 2027 O&M
Assessment	Series 2021
Debt Service	Total	

Platted Lots	
$	642.51		
$	642.51	
Tower 1	642.51	$	1,889.29	2,531.80	

New Port Tampa Bay CDD
FY 2027
Budget Item Description

Revenues:
On-Roll Assessments

The District can levy a Non-Ad Valorem assessment on all the assessable property within the District in order to pay for the operating expenditures during the Fiscal Year. Assessments collected via the tax collector are referred to as “On-Roll Assessments.”

Administrative Expenditures:

Public Officials’ Liability (POL) Insurance Supervisors’ and Officers’ liability insurance. Supervisor Fees
Chapter 190 of the Florida Statutes allows for a member of the Board of Supervisors to be compensated for meeting attendance and to receive up to $200.00 per meeting plus payroll taxes. The amount for the Fiscal Year is based upon all supervisors attending the meetings.
General Insurance General liability insurance. Trustee Services
The Trustee submits invoices annually for services rendered on bond series. These fees are for maintaining the District trust accounts.

District Management Fees

The District receives Management and Administrative services as part of a Management Agreement with PFM Group Consulting, LLC. These services are further outlined in Exhibit “A” of the Management Agreement.
Assessment Administration

The District can levy a Non-Ad Valorem assessment on all the assessable property within the District in order to pay for the operating expenditures during the Fiscal Year. It is typically collected via the Tax Collector. The District Manager submits an Assessment Roll to the Tax Collector annually by the deadline set by the Tax Collector or Property Appraiser.

Re-amortization Schedules

When debt is paid on a bond series, a new amortization schedule must be recalculated. This can occur up to four times per year per bond issue.

Disclosure Agent

New Port Tampa Bay CDD

FY 2027

When bonds are issued for the District, the Bond Indenture requires continuing disclosure, which the disclosure agent provides to the trustee and bond holders.
Engineering Fees

The District’s engineer provides general engineering services to the District. Among these services are attendance at and preparation for monthly board meetings, review of invoices, and all other engineering services as requested by the District throughout the year.

District Counsel

The District’s legal counsel provides general legal services to the District. Among these services are attendance at and preparation for monthly board meetings, review of operating and maintenance contracts, and all other legal services as requested by the District throughout the year.

Audit Fees

Chapter 218 of the Florida Statutes requires a District to conduct an annual financial audit by an Independent Certified Public Accounting firm. Some exceptions apply.

Legal Advertising

The District will incur expenditures related to legal advertising. The items for which the District will advertise include, but are not limited to monthly meetings, special meetings, and public hearings for the District.

Website Maintenance Website maintenance fee. Utilities
Electric and water to maintain District property.

Postage & Shipping:
Mail, overnight deliveries, correspondence, etc.

Miscellaneous Charges

Other expenses incurred throughout the year.

Tax Document Preparation Fee
The IRS requires the annual 1099 processing to be electronically filed. These are the fee association with the electronic filing using tax1099.com.

Reserve

Funds collected and reserved for major repairs and/or maintenance.
Dues, Licenses & Fees

The District is required to pay an annual fee to the Department of Economic Opportunity.

New Port - Tampa Bay Community Development District FY 2027 Adopted Debt Service Budget

FY2027 Adopted Series 2021 Budget
REVENUES:

Special Assessments	$	875,821.89

TOTAL REVENUES	$	875,821.89

EXPENDITURES:	
Interest 11/01/2026	$	211,703.13	
Principal 5/1/2027	$	245,000.00	
Interest 5/1/2027	$	211,703.13	
TOTAL EXPENDITURES	$	668,406.26	

EXCESS REVENUES	

$	

207,415.63	

Interest 11/01/2027	

$	

207,415.63	

New Port – Tampa Bay Community Development District

Consideration of Response from the Master Association Relative to the Termination of the 2017 Infrastructure Operating Agreement with Westshore Marina Master Association

Westshore Marina District Master Association. Inc. c/o Triad Association Management
918 W Main St.
Leesburg, FL 34748

For Settlement Purposes Only April 8, 2026
New Port Tampa Bay COD Board of Supervisors c/o PFM Group Consulting LLC
3501 Quadrangle Boulevard, Suite 270
Orlando, Florida 32817

Re:	COD letter dated March 27, 2026

Dear Supervisors:

The Westshore Marina District Master Association ("Master Association") is in receipt of your letter dated March 27, 2026 ("Letter"), purporting to terminate the Infrastructure Operating Agreement dated February 7, 2017 ("Agreement"). The Letter also demands four items in order for this purported cancellation to be rescinded. While the Master Association understands why the resident COD Board Members are proposing the changes outlined in the Letter, the Master Association cannot agree to all four terms proposed by the COD. However, the Master Association would like to resolve this issue without the need to levy assessments against the landowners and residents for the significant expense of funding both sides of a protracted legal battle.

The Master Association proposes the following to resolve this dispute:

The Master Association can arrange for the master developer, owner of Tower 2, or the owner of Tower 3 to make an annual cash contribution to the Master Association in the amount of $109,000.00, to be paid in quarterly installments. This payment would begin upon the issuance of a Notice of Commencement for Tower 2. The amount of this annual contribution will be reduced quarterly by the amounts paid by the owners of units in Towers 2 and 3. This payment will no longer be required after the latter of Tower 2 or Tower 3 receiving a Temporary Certificate of Occupancy. In the event that a Notice of Commencement has not been issued by 1/1/2027, the master developer will make a cash contribution of $50,000 to the COD on or before 1/15/2027. These contributions would continue under the following circumstances:
No attempt is made by the COD to terminate the Agreement; and
No changes are requested or challenges lodged to the Declaration of Covenants, Restrictions and Easements for Westshore Marina District dated

February 1O, 2017 ("Declaration") and/or Agreement unless mutually agreed; and
The collection of fees and dues will remain with the Master Association.
On or about November 1 of each year the Master Association shall submit its proposed annual budget to the COD Board for review and comment. This budget shall include line-item detail, including any amounts set aside for reserves, for the operation and maintenance of COD-owned infrastructure. If requested by the COD Board, the boards of the Master Association and the COD shall schedule a joint meeting before November 15, to discuss any concerns the COD has about the Master Association budget. If requested by the CDD, the Master Association shall provide the COD with existing supporting documentation for the budget assumptions, current maintenance contracts, historical actuals and such additional back up as the COD may reasonably request. Consistent with the CDD's goal of cutting costs, if the CDD has solicited and received a proposal for the same scope of services provided by an existing vendor to the Master Association for operation or maintenance of COD-owned infrastructure, and such proposal is from a reputable vendor with a cost savings of at least 10%, the Master Association will agree to terminate the existing vendor contract as soon as legally permitted and enter into a new contract with the vendor selected by the COD.

The CDD's requested change to the assessment unit methodology in its demand #1 is in direct conflict with the Declaration which is the governing document recorded as a matter of title on every property in the District. Section 19.3 of the Declaration states that no changes can be made to "the method of allocating expenses as contained in Section 7.2." Section 7.2 states the mandatory required allocation methodology for expenses, including expenses paid out of reserve funds. Changing this provision would require all parties subject to the Declaration to approve this change, which is not a feasible endeavor. Essentially, the CDD is demanding something the Master Association cannot perform, and that is an unreasonable request. Please remember the Declaration was executed by the CDD and is, and has been since inception, the basis for and influence over every real estate transaction that has taken place in the CDD. It is a matter of record title, to which every property owner agreed at the time of the purchase of their property.

In relation to the CDD demand that the master developer or marina developer pay the Master Association's assessment for the 159 Marina slips, it is highly inappropriate for public officials or a public board to develop and implement a strategy whereby a public contract is purportedly terminated and reinstatement is expressly conditioned on one private party paying the debt of another private party. That is not an appropriate exercise of the functions or duties of CDD Supervisors or a COD Board, and as a result will not be further entertained in any settlement discussions.

The settlement proposal included herein would ensure that the Master Association dues for each household are reduced in the short-term, without the need for expensive and risky litigation which will dramatically increase both the Master Association dues and COD

2
4913-3668-7262.l

special assessments for each individual household. It also provides a mechanism for the COD to implement cost saving agreements if it believes the Master Association is paying too much for the operation and maintenance of COD-owned infrastructure.

Please understand that the Master Association does not agree that the COD has the right to unilaterally terminate the Agreement. If this matter is not resolved, the Master Association will be forced to pursue all appropriate legal actions, including but not limited to seeking injunctive relief, specific performance, attorney fees and court costs, all as permitted under sections 15 and 16 of the Agreement. By pursuing its current course, the COD will be forcing residents to pay both the plaintiff and defendant attorney fees in the same case due to decisions of the COD Board of Supervisors. All that can be avoided if the COD is willing to work with the Master Association on the proposal identified above.

Finally, the Letter gives the Master Association a deadline of April 2 to give in to the COD demands. That is an artificial deadline imposed by the COD and not realistic. The COD knows it has up until it adopts its budget in August to come to an agreement with the Master Association before it is required to certify its assessment roll. With that said, the Master Association would like to resolve this issue without delay.

Please let us know the CDD's proposed next steps after the COD Board's review of this alternative settlement proposal. If the COD Board is not interested in further discussions on this proposal, please advise that as well. Thank you for your prompt attention to this matter.

Sincerely,
K§.:¥
Vice President
Westshore Marina District Master Association, Inc.

New Port – Tampa Bay Community Development District

District Manager

April 20, 2026

To whom it may concern,

GOVERNOR'S STERLING AWARD RECI Pl ENT

As per F.S. 190.006, you'll find the number of qualified registered electors for your Community Development District as of April 15, 2026, listed below.

Community Development District	Number of Registered Electors	
New Port - Tampa Bay CDD	1235	

We ask that you respond to our office with a current list of CDD office holders by June 1st and that you update us throughout the year if there are changes. This will enable us to provide accurate information to potential candidates during filing and qualifying periods.

Please note it is the responsibility of each district to keep our office updated with current district information. If you have any questions, please do not hesitate to contact me at (813) 367-8829 or pthomas@votehillsborough.gov.

Respectfully,

Patricia "Patti" Thomas
Administrative Assistant/Candidate Services

VoteHillsborough.gov*  (813) 744- 5900

---	---	-

Fred B. Karl County Center	I	Robert L. Glider Elections Service Center
601 E. Kennedy Blvd., 16th Floor, Tampa, FL 33602	2514 N. falkenburg Rd., Tampa, FL 33619
See website for regional office locations.