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 Board of Supervisors Meeting of the New Port Tampa Bay Community Development District (“District”), scheduled to be held on Thursday, August 20, 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




1.

Call to Order
Roll Call to confirm quorum Public Comment Period
Consideration of the Minutes of the:

•
•
•
•

March 26, 2026, Special Board of Supervisors Meeting April 2, 2026, Continued Board of Supervisors Meeting April 28, 2026, Continued Board of Supervisors Meeting June 4, 2026, Board of Supervisors Meeting

2.

Consideration of Resolution 2026-05, Adopting the Annual Meeting Schedule for Fiscal Year 2026-2027
Consideration of Resolution 2026-06, Performance Measures, Standards, and Annual Reporting

3.

General Business Matters

4.

Public Hearing on the Adoption of the District’s Annual Budget and Levy of O&M Assessments
Public Comments and Testimony



Board Comments

A.

Consideration of Resolution 2026-07, Adopting the Fiscal Year 2027

Budget and Appropriating Funds
Consideration of O&M Assessment Methodology
Consideration of Resolution 2026-08, Levying O&M Assessments and Certifying an Assessment Roll

B.
C.

5.
6.
7.

Consideration of PFM Fee Increase Letter (provided under separate cover) Consideration of 2021-2026 26 Arbitrage Rebate Report

Consideration of 2020-2027 Arbitrage Rebate Engagement Letter with LLS Tax Solutions, Inc.
Discussion Regarding Threatened Litigation
Discussion Regarding Status of Engagement of Outside Counsel

8.
9.

Discussion Regarding Marina Property Transfer and Access
Request for Follow up from the Developer on Potential Transfer to the CDD
Discussion Regarding Traffic / Parking Violations/Towing on CDD Property
Traffic Safety Concerns – Request for Speed Limit Signage
Discussion Regarding Installation of Railing along Seawall Walkway
Discussion Regarding CDD Expenses Covered by Tower 1
Separate Meters for Water and Power for Park and Walkway Lights



Discussion regarding Reimbursement of Charges to Tower 1 Association for Back

Years

Ratification of Payment Authorizations Nos. 241 – 250
Review of District Financial Position

Other Business
Staff Reports
District Counsel




District Engineer

Update Regarding Traffic Study & City Take Back Status

District Manager

Next Meeting: October 15, 2026



Site Manager / Westshore Marina District Master Association Manager

Maintenance Updates

Audience Comments

Supervisors Requests

Adjournment

New Port – Tampa Bay Community Development District

Consideration of the Minutes of the:
March 26, 2026, Special Board of Supervisors Meeting
April 2, 2026, Continued Board of Supervisors Meeting
April 28, 2026, Continued Board of Supervisors Meeting
June 4, 2026, Board of Supervisors
Meeting

MINUTES OF MEETING

NEW PORT - TAMPA BAY COMMUNITY DEVELOPMENT DISTRICT SPECIAL BOARD OF SUPERVISORS’ MEETING MINUTES
Thursday, March 26, 2026, at 1:00 p.m.
5120 Marina Way, Tampa, Florida, 33611

Board Members in attendance:

Scott Dutton Ron Swichkow Don Bodie, Jr.

Assistant Secretary Assistant Secretary Assistant Secretary

Also present:

Jane Gaarlandt Gazmin Kerr Audrey Ryan Amy Champagne Vivek Babbar Craig Carden John McKay John L. Jones Jay Plamann
George Telegadis Alina Gabbard Cliffe Laborde
Kelly Richter Jeffrey Roberts

PFM PFM PFM
PFM

(via phone) (via phone) (via phone)

Straley Robin Vericker

Ardurra

(via phone)

J.H. McKay, LLC
Public Public Public Public Public

Public Public

(via phone) (via phone)

FIRST ORDER OF BUSINESS

Administrative Matters

Call to Order and Roll Call

Ms. Gaarlandt called the New

Port - Tampa Bay

Community Development District Board of

Supervisors Meeting to order at 1:00 p.m. Those in attendance are outlined above.

Public Comment Period

There was brief discussion regarding the Board members in attendance.

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There were no public comments at this time.

Consideration of Resolution 2026-01, Election of Officers

Ms. Gaarlandt gave an overview of the slate of officers. The Board can make changes as they choose.

Mr. Babbar noted the slate can be changed at any time and gave an overview of the Board roles.

There was discussion regarding the roles and responsibilities of Board members.

Mr. Swichkow recommended that one of the Board member residents be appointed as the Chair or Vice Chair.

Mr. Babbar noted the term for a newly appointed Board member role would end on the third Tuesday in November.

Consideration of Resolution 2026-02, Legal Defense

Mr. Babbar gave an overview and noted this is a standard resolution, which adopts a policy for legal defense of board supervisors and district officers..

There was brief discussion regarding legal coverage and cost.

Ms. Ryan reviewed the budget for insurance and legal coverage.

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On MOTION by Mr. Swichkow, seconded by Mr. Dutton with all in favor, the Board approved Resolution 2026-02, Legal Defense.

On MOTION by Mr. Bodie, Jr., seconded by Mr. Swichkow with all in favor, the Board approved Resolution 2026-01, Election of Officers, and nominated Ron Swichkow as Chair; Don Bodie Jr., as Vice Chair; Jane Gaarlandt as Secretary; Scott Dutton, Noah Breakstone, Dominic Pickering, and Gazmin Kerr as Assistant Secretaries; Jennifer Glasgow as Treasurer; Amanda Lane, Rick Montejano, Verona Griffith, and Amy Champagne as Assistant Treasurers.

SECOND ORDER OF BUSINESS

General Business Matters

Reconsideration/Termination

of

the 2017 Infrastructure Operating Agreement with Westshore Marina Master Association

Mr. Swichkow gave an overview of previous discussions related to the operating agreement and deadline for submitting notice of termination. He recommended termination and noted Mr. the residents and occupants within the community should have the opportunity to provide input on
the decision related to assessments.

There was discussion regarding the methodology and structure of the operating agreement.

Mr. Dutton noted the District should pursue compromise over confrontation, as it would be greater gain for the community.

There was brief discussion regarding termination and the deadline to file notice.

Mr. Bodie, Jr., noted there is a commitment from the Developer to contribute quarterly up to
$150,000.00, and an agreement that the ERU count will be based on the 1311 units. It was noted that litigation will cost the residents more money.

There was lengthy discussion regarding the 50-year termination clause within the agreement and termination effects. This included comments regarding the statute of limitations. Mr. Babbar gave an overview of the agreement terms. It was noted termination can be withdrawn if an agreement
is reached.

There was brief discussion regarding the Developer’s contribution.

Mr. Swichkow opened the floor to public comments.

There were comments regarding agreements with Hillsborough County regarding the increase, termination of the agreement, and negotiating terms. It was noted the deadline will most likely not be met, but the motion can be rescinded if needed.

There was lengthy discussion regarding the ongoing legal costs, response from the Developer, and settlement terms. Mr. Babbar gave an overview of the process related to settlement and deadlines. It was noted the deadline for setting the preliminary budget is June 15th. The recommendation is to motion with a date deadline, with the right to rescind the termination provision.

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Mr. Bodie, Jr., noted the legal fees could obligate the residents to a potential special assessment.

There was discussion regarding the changes requested to the agreement, the Developer’s contribution, and the litigation costs.

Mr. Babbar read the original document terms and noted he believes the intent of the original BTI Board was for the agreement to have an initial 50-year term. However, he stated that his firm told BTI at that time BTI was told that would be considered unlawful to obligate a CDD for 50 years. It was noted there is defense coverage for non-damages claims against the District included in the
District’s insurance.

There was brief discussion regarding negotiation.

It was noted that Mr. Pickering knew he would not be able to attend the current meeting.

There was discussion regarding the legal ramifications and the terms of the agreement.

There was also lengthy discussion regarding the motions and requested updated provisions.

Mr. Babbar noted the next motion in the process should be that if the Developer fails to respond with the requested provisions by the deadline, there will be a termination notice sent to the Master Association. This termination notice will note that if the requested provisions are memorialized by
June 1, 2026, the termination will be rescinded.

There was lengthy discussion regarding the requested provisions. This included discussion on finalizing the deadlines and terms within the provisions. It was recommended that the four provisions to the agreement be included in the motion.

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On Original MOTION by Mr. Swichkow, with no second, and no others in favor, the Board did NOT approve that the termination clause contained in the Infrastructure Operating Agreement between the CDD and the Westshore Marina Master Association be invoked with an effective date of January 1, 2027, in accordance with the 270-day notice requirement. Motion failed.

There was brief discussion regarding a continuation of the current meeting.

Discussion	to

engage	a

Methodology Consultant for the 2027 Assessments

Mr. Swichkow noted he has contacted several recommended methodology consultants and gave an overview of the proposal received. He will forward the proposal to District Counsel and District Management.

There was brief discussion regarding the change in methodology and assessments. Mr. Babbar recommended that the change be implemented in the current fiscal year.

Ms. Gaarlandt noted there are four parcels that were identified as not being included in the current assessments roll. The County has updated the information, and those parcels will be included in the tax roll for next year.

THIRD ORDER OF BUSINESS

Other Business

Staff Reports

District Counsel – Mr. Babbar gave an update on the legislative session and reviewed the increase to sovereign immunity thresholds and the bill related to the recall of District Supervisors.

District Engineer –



Bridge St. Professional Traffic Engineering Services Proposal

This item was deferred.

District Management – Ms. Gaarlandt noted the next meeting is scheduled for April 16th, 2026.

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On Subsequent MOTION by Mr. Dutton, seconded by Mr. Swichkow, with all in favor, the Board approved that the termination clause contained in the Infrastructure Operating Agreement between the CDD and the Westshore Marina Master Association be invoked unless the Master Association on or before April 2, 2026, meets the requirements outlined at the current meeting; and approved that the Master Association be immediately provided formal notice of the termination, subject to the occurrence of the potential rescission by the CDD if requirements were agreed to inwriting by deadline of April 2, 2026, with an effective termination date of January 1, 2027, in accordance with the 270-day notice requirement. The requirements are subject to final review by District Counsel.

Site Manager/Westshore Marina District Master Association Manager – Not present.

Supervisor

Requests

and

Audience Comments

There were no further Supervisor requests or audience comments at this time.

FOURTH ORDER OF BUSINESS

Continuance

There was brief discussion regarding continuing and scheduling the meeting.

The motion to adjourn was withdrawn.

Secretary/Assistant Secretary

Chairperson/Vice-Chairperson

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On MOTION by Mr. Dutton, seconded by Mr. Swichkow, with all in favor, the Board continued the March 26, 2026, New Port Tampa Bay Board of Supervisors’ Meeting to April 2nd, 2026, at 1:00
p.m. at the current location.

On MOTION by Mr. Dutton, seconded by Mr. Swichkow, with all in favor, the Board adjourned the March 26, 2026, New Port Tampa Bay Board of Supervisors’ Meeting.

MINUTES OF MEETING

NEW PORT - TAMPA BAY COMMUNITY DEVELOPMENT DISTRICT CONTINUED BOARD OF SUPERVISORS’ MEETING MINUTES
Thursday, April 2, 2026, at 1:00 p.m.
5120 Marina Way, Tampa, Florida, 33611

Board Members in attendance:

Dominique Pickering Scott Dutton
Ron Swichkow Don Bodie, Jr.

Vice Chairperson Assistant Secretary
Assistant Secretary Assistant Secretary

Also present:

Jane Gaarlandt Gazmin Kerr Audrey Ryan Amy Champagne John McKay Vivek Babbar Sherry Blanc Alina Gabbard Betsey E.
Debbie Ferri John Jones George Telegadis
Andre Blanc

PFM PFM PFM
PFM

(via phone) (via phone) (via phone)

J.K. McKay, LLC
Straley Robin Vericker Public
Public Public Public Public Public
Public

FIRST ORDER OF BUSINESS

Administrative Matters

Call to Order and Roll Call

Ms. Gaarlandt called the New

Port - Tampa Bay Community Development District Board of

Supervisors continued meeting to order at 1:00 p.m. Those in attendance are outlined above.

Public Comment Period

There were no public comments at this time.

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SECOND ORDER OF BUSINESS

General Business Matters

Reconsideration/Termination

of

the 2017 Infrastructure Operating Agreement with Westshore Marina Master Association

Mr. Babbar gave an update regarding the termination notice. It was noted a response has not

been received by the April 2, 2026, deadline set at the March

26th

meeting as part of passed

termination resolution, but the Developer has stated they still want to come to a mutual agreement.

Mr. Pickering gave an update regarding the Developer’s response and noted it has to be endorsed by the investors, which should take place within the upcoming week.

There was discussion regarding the timeline and the timing of the methodology consultant. It was noted the District would have to pay for the methodology consultant. It will take the consultant about a month to complete a report.

Mr. Babbar gave an overview of the assessment process. The budget can always be lowered, but it cannot be increased.

There was discussion regarding the financials related to the projected budget. It was noted the District can make a public records request of the Master Association regarding their financials.

Mr. Swichkow recommended engaging the Methodology Consultant at the April 16, 2026, Board meeting. It was noted this is the latest date the District can wait.

There was continued discussion regarding the budget and reserves.

There was brief discussion regarding legal fees and filing a claim. District Management will follow up with the insurance provider regarding legal coverage. It was noted litigation may cost everyone additional CDD fees and HOA fees.

A resident commented regarding the April 16th deadline.

It was noted a written proposal will be received no later than next week from the Developer.

A resident commented regarding the insurance coverage. It was noted the policy will be provided to the Board members.

There was lengthy discussion regarding the Developer’s responses throughout the process and the forthcoming proposal.

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Mr. Bodie, Jr., reviewed the historical background related to the termination of the operating agreement. He noted his responsibility is to the residents of the District. Any factual documents that were received have been passed along to the CDD.

There was lengthy discussion regarding the documents that were presented and who was notified of those documents.

Mr. Babbar noted that Chapter 190 does not state that CDD Supervisors have any fiduciary responsibility, but they do have a responsibility to act in the best interest of the District.

Consideration

of

Methodology

Consultant Proposal for the 2027 Assessments

Mr. Babbar noted the Methodology Consultant will confirm what the District needs to proceed with assessments.

This item was deferred.

THIRD ORDER OF BUSINESS

Other Business

Staff Reports

District Counsel – No report.

District Engineer –



Bridge St. Professional Traffic Engineering Services Proposal

This item was deferred.

District Management – Ms. Gaarlandt noted the next meeting is scheduled for April 16, 2026.

Site Manager/Westshore Marina District Master Association Manager – Not present.

Supervisor

Requests

and

Audience Comments

There were no further Supervisor requests or audience comments at this time.

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FOURTH ORDER OF BUSINESS

Adjournment

Secretary/Assistant Secretary

Chairperson/Vice-Chairperson

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On MOTION by Mr. Swichkow, seconded by Mr. Bodie, Jr., with all in favor, the Board adjourned the April 2nd, 2026, New Port Tampa Bay Board of Supervisors’ Continued Meeting at 1:48 p.m.

MINUTES OF MEETING

NEW PORT - TAMPA BAY COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS’ MEETING MINUTES
Tuesday, April 28, 2026, at 3:00 p.m.
5120 Marina Way, Tampa, Florida, 33611

Board Members in attendance:

Ron Swichkow Don Bodie, Jr.
Dominic Pickering Scott Ward Dutton

Chairperson
Vice Chairperson Assistant Secretary Assistant Secretary

Also present:

Jane Gaarlandt Gazmin Kerr Audrey Ryan Vivek Babbar Craig Carden Sherry Blanc Betsey E.
Georgette Legends Andre Blanc
Alina Gabbard Janice Champion Jeffrey Roberts Thomas Wiggins
John Mckay

PFM PFM PFM
Straley Robin Vericker Ardurra
Public Public Public Public Public Public Public Public
J.H. McKay, LLC

(via phone) (via phone)
(via phone @ 3:55 p.m.)

(via phone) (via phone)

FIRST ORDER OF BUSINESS

Administrative Matters

Call to Order and Roll Call

Ms. Gaarlandt called the New

Port - Tampa Bay Community Development District Board of

Supervisors Meeting to order at 3:00 p.m. Those in attendance are outlined above.

Public Comment Period

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Ms. Gaarlandt reviewed the public comment period process.

There were no public comments at this time.

Consideration of the Minutes of the:

a)

February 12, 2026, Board of

Supervisors Meeting

Workshop

b)

February 19, 2026, Board of Supervisors Meeting February 23, 2026, Board of

c)

Supervisors

Continued

Workshop Meeting

The Board reviewed the minutes.

Consideration of Resolution 2026-03, General Election

Ms. Gaarlandt noted that Seat 4 currently held by Noah Breakstone and Seat 5 currently held by Dominic Pickering will be on the ballot at the General Election in November. This will be noticed and posted on the District’s website. It was noted that the qualifying period is June 8th – June 12th.

SECOND ORDER OF BUSINESS

General Business Matters

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On MOTION by Mr. Swichkow, seconded by Mr. Dutton, with all in favor, the Board approved Resolution 2026-03, General Election.

On MOTION by Mr. Swichkow, seconded by Mr. Bodie, Jr., with all in favor, the Board approved the Minutes of the February 12, 2026, Board of Supervisors Workshop Meeting, the Minutes of the February 19, 2026, Board of Supervisors Meeting, and the February 23, 2026, Board of Supervisors Continued Workshop Meeting.

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

The Board reviewed the proposed budget options.

Ms. Gaarlandt reviewed the changes within the budget.

Mr. Swichkow requested the reserve line item be changed to contingency.

There was brief discussion regarding the overall ERU amount. It was noted the budget needs to reflect 1,311 ERU’s. Ms. Gaarlandt noted the current reflected ERU’s are based on the current methodology, but she can follow up with the methodology consultant to go about referencing the
change.

Mr. Swichkow requested a meeting with Ms. Champagne to review a few items.

It was noted there were no changes to the Debt Service budget.

There was brief discussion regarding the Master Association budget. The detailed Master Association’s budget can be sent out for review and comparison. Mr. Swichkow said the master
association 2027 budget would be needed by the CDD in time to include in the combined 26-27 budget of the CDD considering termination of infrastructure agreement is still in effect.

It was noted the District Management fees would increase based on the proposed changes to operations and assessments.

This item was deferred.

Consideration of Response from the Master Association Relative to

the

Termination

of

the

2017

Infrastructure

Operating

Agreement with Westshore Marina Master Association

Mr. Swichkow gave an overview of the previous meeting discussions regarding this item and the counteroffer that was received. He recommended moving forward with termination.

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Mr. Dutton noted he did not agree with the counteroffer but would have liked to move forward with another counter proposal in order to find a compromise.

Mr. Pickering gave an overview of the Master Association’s viewpoint and potential compromise.

There was lengthy discussion regarding the counteroffer, final termination, and timeline. It was noted the termination would be effective starting January 1, 2027.

Mr. Swichkow gave an overview of the assessment process under the CDD. It was noted the operations of the District would stay the same and the CDD Board would be in charge of the maintenance budget.

There was discussion regarding the Master Declaration and addendums thus far.

There was also discussion regarding the methodology and inconsistencies with the ERU’s.

Mr. Bodie, Jr., gave an overview of the ERU’s and methodology in the original document. He recommended reviewing the documents to come to a compromise.

It was noted Mr. Babbar has written a timeline.

Mr. Swichkow noted the Master Association refuses to alter the assessment formula, which does not address the ERU’s.

There was lengthy discussion regarding compromise and the timeline of termination. Mr. Babbar noted the Board can designate one Board liaison to have negotiation power and proceed with a continued meeting.

It was noted there have been workshops for three months regarding the issue. One of the goals is that the Master Association be in compliance with Chapter 190.

There was discussion regarding which entity would maintain control and the adjustment to the ERU’s.

There was also brief discussion regarding the infrastructure for Tower 2 and Tower 3 and the potential assessments for the Towers. Mr. Babbar noted the Engineer’s Report for the bond issuance does mention a guardhouse that still needs completion.

Mr. Babbar noted the Board appointed liaison can meet with the Master Association representative to proceed with negotiations. The negotiation information can be sent to District Counsel and District Management in order to send to the Board with final decisions being made

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at a continued meeting. The Board can recommend the parameters of the discussion between the Board liaison and the Master Association.

Mr. Dutton recommended having a weekly continued meeting.

There was brief discussion regarding having Counsel representation at the negotiation discussions. Mr. Babbar noted he would be willing to participate.

It was noted the Master Association is willing to negotiate.

Consideration

of

Methodology

Consultant Proposal for the 2027 Assessments

It was noted the decision to move forward with a methodology consultant needs to be made at this meeting in order for maintenance assessments to be put in place for Fiscal Year 2027.

There was discussion regarding the methodology consultant proposal. The cost for the proposal is $10,000.00.

Mr. Babbar noted the Board can work on a compromise but also approve the proposal in order to have both options available.

Mr. Bodie, Jr., noted this is an independent arbitrator and will be a valuable tool for the District.

Ms. Gaarlandt noted the preliminary budget has to be approved by June 15, 2026.

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On MOTION by Mr. Swichkow, seconded by Mr. Dutton, with Mr. Pickering opposed, and all others in favor, the Board approved the Methodology Consultant Proposal for the 2027 Assessments.

On MOTION by Mr. Swichkow, seconded by Mr. Dutton, with all in favor, the Board authorized Mr. Swichkow to continue discussion with the Developer regarding the Infrastructure Operating Agreement with the Westshore Marina Master Association.

Consideration

of

Additional

Services Addendum #02

Mr. Carden gave an overview and noted this is for District Engineering services. The addendum is for a not-to-exceed amount of $10,000.00.

Ms. Gaarlandt noted the next five-year stormwater reserve study is due June 2027. That may be an additional cost.

There was brief discussion regarding the preliminary budget. Ms. Gaarlandt noted the budget can always be lowered, but it cannot be increased once a preliminary budget is approved.

The Board reviewed the traffic study and potential cost.

Mr. Carden reviewed the scope of work within the traffic study, benefits of the study, and noted the results can be presented to the City to negotiate improvements. Mr. Carden noted this is the only way to gather the correct data to present. The initial cost of the traffic study is $15,000.00.

There was lengthy discussion regarding the outcome of the traffic study and the responsibility of the study. It was noted that Ardurra would take the results to present to the City.

The traffic study is the first phase in achieving the desired outcome. It was noted the traffic study should project the traffic when the community is at full capacity.

There was discussion regarding the improvements completed thus far and the traffic issues.

There was also brief discussion regarding the City taking back the responsibility for maintaining the streets.

The vendor noted the data collection will take place within a week or two and the findings will be reported within a month.

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On MOTION by Mr. Bodie, Jr., seconded by Mr. Swichkow, with all in favor, the Board approved the Additional Services Addendum #02.

On MOTION by Mr. Bodie, Jr., seconded by Mr. Dutton with all in favor, the Board approved the Bridge Street Professional Traffic Engineering Services Proposal in the amount of $15,000.00.

Ratification

of

Payment

Authorizations Nos. 231 – 236

Ms. Gaarlandt noted these were standard District expenses. These were previously approved and solely for ratification.

The Board reviewed the payment authorizations.

Review	of Position

District

Financial

The Board reviewed the District Financial position through March 2026.

No action was required.

THIRD ORDER OF BUSINESS

Other Business

Staff Reports

District Counsel – No report.

District Engineer –



Bridge St. Professional Traffic Engineering Services Proposal

There were no further updates at this time.

District Management – Ms. Gaarlandt noted the next meeting is scheduled for June 18, 2026.

There was brief discussion regarding scheduling a continued meeting.

Site Manager/Westshore Marina District Master Association Manager –



Maintenance Updates

There were no updates at this time as Chris Bodie was not present.

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On MOTION by Mr. Bodie, Jr., seconded by Mr. Dutton, with all in favor, the Board ratified Payment Authorizations Nos. 231-236.

Supervisor

Requests

and

Audience Comments

There were no Supervisor requests or audience comments at this time.

FOURTH ORDER OF BUSINESS

Continuance

Secretary/Assistant Secretary

Chairperson/Vice-Chairperson

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On MOTION by Mr. Bodie, Jr., seconded by Mr. Swichkow, with all in favor, the Board continued the April 28, 2026, New Port Tampa Bay Board of Supervisors’ Meeting to May 7, 2026, at 11:00 a.m.

MINUTES OF MEETING

NEW PORT - TAMPA BAY COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS MEETING MINUTES
Thursday, June 4, 2026, at 10:00 a.m.
5120 Marina Way, Tampa, Florida 33606

Board Members in attendance:

Ron Swichkow Don Bodie, Jr. Noah Breakstone
Scott Dutton Dominic Pickering

Chairman
Vice Chairman Assistant Secretary Assistant Secretary Assistant Secretary

(via phone)

(via phone)

Also present:

Jane Gaarlandt Gazmin Kerr Audrey Ryan Vivek Babbar John McKay Kelly Richter Jeff Robbins Carol Berc Sherry Blanc
George Telegadis Jay Petmann
Tim Cox Peter Loux

PFM PFM PFM
Straley Robin Vericker McKay, LLC

Related Related Public Public public public Public
Public

(via phone)
(via phone @10:04 a.m.)

FIRST ORDER OF BUSINESS

Administrative Matters

Call to Order and Roll Call

Ms. Gaarlandt called the New

Port - Tampa Bay Community Development District Board

of

Supervisors Meeting to order at 10:00 a.m. Those in attendance are outlined above.

Public Comment Period

There were no public comments at this time.

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Consideration of the Minutes of the:
March 2, 2026, Board of

Supervisors

Continued

Workshop Meeting
March 13, 2026, Board of

Supervisors

Continued

Workshop Meeting

The Board reviewed the minutes.

SECOND ORDER OF BUSINESS

Business Matters

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)

Ms. Gaarlandt noted the recommended date for the Public Hearing is August 20, 2026, at 11:00 a.m., at the current location.

Ms. Gaarlandt noted there were several versions of the budget included for Board review. The Board would choose one budget option for approval. It was noted the budget cannot increase, but can be decreased, once approved.

The Board reviewed the budget and expenses.

There was discussion regarding the budget and the budget timeline. The number of ERU’s have been agreed to be 1311.

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On MOTION by Mr. Bodie, Jr., seconded by Mr. Swichkow, with all in favor, the Board approved the Minutes of the March 2, 2026, Board of Supervisors Continued Workshop Meeting, and the March 13, 2026, Board of Supervisors Continued Workshop Meeting.

Mr. Babbar noted the methodology that is approved will adjust the budget.

There was discussion regarding the methodology and the Master Association budget. It was noted the Master Association financial statements are updated through the end of April.

It was noted all legal fees are included in the budget.

Review and Acceptance of the O&M Methodology Report

Mr. McKay gave an overview of the O&M Methodology Report and bonds. It was noted the land that makes up Towers 2 and 3, and the commercial parcels were previously only assessed for administrative but not field expenses.

Mr. McKay gave an overview of the assessments and recommended removing the Marina slips, as they are not within the CDD and are not considered real property.

Mr. Breakstone commented regarding the assessment methodology presented.

Mr. McKay stated that the 1 per unit ERU for the apartments is a fair assessment.

There was discussion regarding fair assessments and legality of the previous methodology being used. It was noted that under the CDD, parcels of land that are being assessed must receive special benefit from the improvements and the assessments must be fairly and reasonably
allocated to each parcel.

Mr. Babbar noted that the current methodology is under the Master Association and is not under the same requirements as the CDD as a result of the infrastructure agreement executed in 2017. It was noted there are several methodology options that could be used.

Mr. Swichkow noted that there was no formal report nor any methodology consulting done under the current methodology utilized by the master association. He stated that method of partial ERU for apartment properties and no assessment for tower 2 and 3 properties were decided by

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On MOTION by Mr. Dutton, seconded by Mr. Bodie, Jr., with Mr. Breakstone abstained, and all others in favor, the Board approved Resolution 2026-04, Approving a Preliminary Budget for Fiscal Year 2027 with Budget Option 4, and Setting a Public Hearing Date for August 20, 2026, at 11:00 a.m., at 5120 Marina Way, Tampa, FL 33606.

developer alone. It was noted the use of the infrastructure must be considered within the methodology.

There was lengthy discussion regarding the methodology structure.

Mr. McKay noted that CDD assessments are not based on vertical construction on the lot. It is based on the benefit that the land receives from the infrastructure already installed.

Mr. Breakstone commented regarding the difference between the debt service budget and O&M budget.

Mr. Babbar noted that nothing has been received from the master HOA regarding a previous formal methodology report being completed.

Mr. McKay continued reviewing the methodology report and assessments, including the proposed administrative budget.

It was noted the assessment for the apartments would increase by $23.30 per unit.

Mr. McKay reviewed the assessment amounts.

Mr. Babbar noted the assessments will be noticed to every resident as the methodology will be changing.

Mr. Bodie, Jr., noted that overall budget also includes reserve contributions.

Consideration of Response from the Master Association Relative to

the

Termination

of

the

2017

Infrastructure

Operating

Agreement with Westshore Marina Master Association

Mr. Babbar gave an overview of the updated response from the Master Association. He noted there have been ongoing discussions.

4 | P age 

On MOTION by Mr. Swichkow., seconded by Mr. Bodie, Jr., with Mr. Pickering and Mr. Breakstone opposed, and all others in favor, the Board accepted the O&M Methodology Report.

Mr. Swichkow noted that based on the Master Association’s response, they have stated that they do not agree with the CDD’s ability to invoke the termination clause within the 2017 Infrastructure Agreement.

Mr. Swichkow gave an overview of the discussions that have taken place and the details of choosing between termination or continuing the agreement. District Counsel would make any amendments to the infrastructure agreement needed, including an annual termination clause
should an agreement be reached

Mr. Babbar noted the last letter was from May 22 and gave an overview. It was noted the Master Association has not agreed to any amendments and has recommended mediation prior to June 5, 2026.

Mr. Babbar reviewed the options related to the termination clause.

Mr. Breakstone noted there is a conflict related to District Counsel.

There was discussion regarding the termination clause and the agreement.

Mr. Babbar noted his firm drafted the first draft of the agreement. It was noted that there are notes within the files that clarified the termination clause to be allowed annually. He further stated that developer was told a pure 50 year termination requirement would not be considered lawful and
so the final version of the infrastructure agreement is what they wound up with.

There was brief discussion regarding the Master Association’s Counsel representation and the HOA Board approving response letters.

There was also brief discussion regarding the CDD delegating duties and obligations to the Master Association and doing such makes the arrangement not in compliance with Section 190 that controls all CDD’s.

Mr. Breakstone commented on the conflict related to District Counsel and recommended obtaining new counsel.

There was discussion regarding the tentative conflict and the details of the agreement, including an integration clause. Mr. Babbar noted there is an integration clause and a provision that nothing will be construed against either party, who also have the opportunity to consult counsel.

Mr. Babbar gave an overview of the process of mediation and noted both parties can provide a list of mediators or agree on a mediator. All mediation meetings will have to be published under the Florida Sunshine Law, if the Board is in attendance, or the mediation meetings can be delegated to one Board representative. It was noted the mediation will be to discuss the
amendments to the operating agreement. Mr. Babbar noted the process can take at least 45 days.

5 | P age 

Mr. Bodie, Jr., commented regarding arbitration versus mediation.

There was lengthy discussion regarding mediation and tentative litigation.

There was continued discussion regarding mediation and arbitration.

Mr. Babbar noted he will work with District Management on a letter of reply.

Discussion	to Counsel

Engage	Outside

Mr. Swichkow noted he is in favor of engaging outside counsel for litigation purposes but does not see the need to hire a new District Counsel. Mr. Dutton will work with Mr. Babbar on this item.

It was noted a retainer may be required. Mr. Babbar noted the estimated cost could be approximately $500 an hour.

Consideration of the Arbitrage Rebate Engagement Letter with LLS Tax Solutions, Inc.

Ms. Gaarlandt presented the engagement letter noting this is a standard engagement letter. It was noted the rates are reasonable and the vendor is used for other Districts.

6 | P age 

On MOTION by Mr. Swichkow, seconded by Mr. Bodie, Jr., with Mr. Pickering and Mr. Breakstone abstained, and Mr. Dutton in favor, the Board approved the engagement of Outside Counsel and authorized Mr. Dutton to work with District Counsel on the engagement.

On MOTION by Mr. Swichkow, seconded by Mr. Bodie, Jr., with Mr. Breakstone and Mr. Pickering opposed, and Mr. Dutton in favor, the Board acknowledged the mediation recommendation from the Master Association, but declined to move forward.

Ratification

of

Payment

Authorizations Nos. 237 – 240

The Board reviewed the payment authorizations.

Ms. Gaarlandt noted these were previously approved and this is solely for ratification.

Review	of Position

District

Financial

The Board reviewed the District’s financial position.

No action was required.

THIRD ORDER OF BUSINESS

Other Business

Staff Reports

District Counsel – No report.

District Engineer – No report.

District Manager – Ms. Gaarlandt noted the next meeting is scheduled for June 18, 2026.
Meetings can be adjusted as needed.

Site Manager/Westshore Marina District Master Association Manager - It was noted the maintenance spreadsheet was included in the agenda packet.

7 | P age 

On MOTION by Mr. Swichkow, seconded by Mr. Dutton, with Mr. Breakstone abstained, and all others in favor, the Board ratified Payment Authorizations Nos. 237-240.

On MOTION by Mr. Bodie, Jr., seconded by Mr. Dutton, with Mr. Pickering and Mr. Breakstone abstained, and all others in favor, the Board approved the Arbitrage Rebate Engagement Letter with LLS Tax Solutions, Inc.

There was discussion regarding the irrigation and irrigation payments. It was noted a submeter needs to installed.

It was noted Mr. Amico and Mr. Chris Bodie will follow up regarding the irrigation.

Audience Comments

There were no audience comments at this time.

Supervisor Requests

Mr. Swichkow commented regarding insurance coverage. Mr. Babbar noted if the claim is related to breach of contract, the District’s insurance would not provide coverage. Mr Swichkow stated that the issue of invoking termination of the infrastructure agreement is not the CDD breaching a
contract but merely exercising a clause in an executed agreement.

There was brief discussion regarding insurance coverage.

There were no Supervisor requests at this time.

FOURTH ORDER OF BUSINESS

Adjournment

Secretary/Assistant Secretary

Chairperson/Vice-Chairperson

8 | P age 

On MOTION by Mr. Bodie, Jr., seconded by Mr. Swichkow, with all in favor, the June 4, 2026, New Port Tampa Bay Board of Supervisors’ Meeting was adjourned.

New Port – Tampa Bay Community Development District

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

RESOLUTION 2026-05

A RESOLUTION OF THE BOARD OF SUPERVISORS OF NEW PORT TAMPA BAY COMMUNITY DEVELOPMENT DISTRICT ADOPTING THE ANNUAL MEETING SCHEDULE FOR FISCAL YEAR 2026-2027

WHEREAS, the New Port Tampa Bay Community Development District (the "District") is a local unit of special-purpose government organized and existing in accordance with Chapter 2004-423, Laws of Florida; and

WHEREAS, the District is required by Florida law to prepare an annual schedule of its regular public meetings which designates the date, time and location of the District’s meetings; and

WHEREAS, the Board has proposed the Fiscal Year 2026-2027 annual meeting schedule as attached in Exhibit A,

NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF THE NEW PORT TAMPA BAY COMMUNITY DEVELOPMENT DISTRICT

1.

The Fiscal Year 2026-2027 annual public meeting schedule attached hereto and

incorporated by reference herein as Exhibit A is hereby approved and will be published in accordance with the requirements of Florida law.

2.

This Resolution shall become effective immediately upon its adoption.

PASSED AND ADOPTED THIS 20th DAY OF AUGUST, 2026.

ATTEST:

NEW PORT TAMPA BAY COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary

Chair/Vice Chair

Exhibit A

BOARD OF SUPERVISORS MEETING DATES
NEW PORT TAMPA BAY COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026-2027

The Board of Supervisors of the New Port Tampa Bay Community Development District will hold their regular meetings for Fiscal Year 2026-2027 at 5120 Marina Way, Tampa, Florida, 33611 at 11:00 a.m. unless otherwise indicated as follows:

Thursday, October 15, 2026
Thursday, December 17, 2026
Thursday, February 18, 2027
Thursday, April 15, 2027
Thursday, June 17, 2027
Thursday, August 19, 2027

The meetings are open to the public and will be conducted in accordance with the provision of Florida Law for Community Development Districts. The meetings may be continued to a date, time, and place to be specified on the record at the meeting. A copy of the agenda for these meetings may be obtained from 3501 Quadrangle Boulevard, Suite 270, Orlando, Florida 32817 or by calling (407) 723-5900.

There may be occasions when one or more Supervisors or staff will participate by telephone. Pursuant to provisions of the Americans with Disabilities Act, any person requiring special accommodations at this meeting because of a disability or physical impairment should contact the District Office at (407) 723-5900 at least 48 hours prior to the meeting. If you are hearing or speech impaired, please contact the Florida Relay Service by dialing 7-1-1, or 1-800-955-8771 (TTY) / 1-800-955-8770 (Voice), for aid in contacting the District Office.

A person who decides to appeal any decision made at the meeting with respect to any matter considered at the meeting is advised that person will need a record of the proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which such appeal is to be based.

Jane Gaarlandt District Manager

Exhibit A

BOARD OF SUPERVISORS MEETING DATES
NEW PORT TAMPA BAY COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026-2027

The Board of Supervisors of the New Port Tampa Bay Community Development District will hold their regular meetings for Fiscal Year 2026-2027 at 5120 Marina Way, Tampa, Florida, 33611 at 11:00 a.m. unless otherwise indicated as follows:

Thursday, October 15, 2026
Thursday, November 19, 2026
Thursday, December 17, 2026
Thursday, January 21, 2027
Thursday, February 18, 2027
Thursday, March18, 2027
Thursday, April 15, 2027
Thursday, May 20, 2027
Thursday, June 17, 2027
Thursday, July 15, 2027
Thursday, August 19, 2027
Thursday, September 16, 2027

The meetings are open to the public and will be conducted in accordance with the provision of Florida Law for Community Development Districts. The meetings may be continued to a date, time, and place to be specified on the record at the meeting. A copy of the agenda for these meetings may be obtained from 3501 Quadrangle Boulevard, Suite 270, Orlando, Florida 32817 or by calling (407) 723-5900.

There may be occasions when one or more Supervisors or staff will participate by telephone. Pursuant to provisions of the Americans with Disabilities Act, any person requiring special accommodations at this meeting because of a disability or physical impairment should contact the District Office at (407) 723-5900 at least 48 hours prior to the meeting. If you are hearing or speech impaired, please contact the Florida Relay Service by dialing 7-1-1, or 1-800-955-8771 (TTY) / 1-800-955-8770 (Voice), for aid in contacting the District Office.

A person who decides to appeal any decision made at the meeting with respect to any matter considered at the meeting is advised that person will need a record of the proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which such appeal is to be based.

Jane Gaarlandt District Manager

New Port – Tampa Bay Community Development District

Consideration of Resolution 2026-06, Performance Measures, Standards, and Annual Reporting

RESOLUTION 2026-06

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE NEW PORT	TAMPA	BAY	COMMUNITY	DEVELOPMENT	DISTRICT

ADOPTING	GOALS,	OBJECTIVES,

AND	PERFORMANCE

MEASURES AND STANDARDS; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the New Port Tampa Bay Community Development District (the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes; and

WHEREAS, effective July 1, 2024, the Florida Legislature adopted House Bill 7013, codified as Chapter 2024-136, Laws of Florida (“HB 7013”) and creating Section 189.0694, Florida Statutes; and

WHEREAS, pursuant to HB 7013 and Section 189.0694, Florida Statutes, beginning October 1, 2025, the District shall establish goals and objectives for the District and create performance measures and standards to evaluate the District’s achievement of those goals and objectives; and

WHEREAS, the District Manager has prepared the attached goals, objectives, and performance measures and standards and presented them to the Board of the District; and

WHEREAS, the District’s Board of Supervisors (“Board”) finds that it is in the best interests of the District to adopt by resolution the attached goals, objectives and performance measures and standards.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF

SUPERVISORS

OF

THE

NEW

PORT

TAMPA

BAY

COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. The recitals so stated are true and correct and by this reference are incorporated into and form a material part of this Resolution.

SECTION 2. The District Board of Supervisors hereby adopts the goals, objectives and performance measures and standards as provided in Exhibit A. The District Manager shall take all actions to comply with Section 189.0694, Florida Statutes, and shall prepare an annual report regarding the District’s success or failure in achieving the adopted goals and objectives for consideration by the Board of the District.

SECTION 3.

If any provision of this resolution is held to be illegal or invalid,

the other provisions shall remain in full force and effect.

SECTION 4. This resolution shall become effective upon its passage and shall remain in effect unless rescinded or repealed.

1

PASSED AND ADOPTED this 20th day of August, 2026.

ATTEST:

NEW PORT TAMPA BAY COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary

Chairman, Board of Supervisors

Exhibit A: Performance Measures/Standards and Annual Reporting

2

Exhibit A:
Goals, Objectives and Annual Reporting Form

Performance Measures/Standards & Annual Reporting Form

October 1, 2026 – September 30, 2027

1. Community Communication and Engagement Goal 1.1: Public Meetings Compliance
Objective: Hold at least three regular Board of Supervisor meetings per year to conduct CDD related business and discuss community needs.
Measurement: Number of public board meetings held annually as evidenced by meeting minutes and legal advertisements.
Standard: A minimum of three board meetings were held during the Fiscal Year. Achieved: Yes  No 

Goal 1.2: Notice of Meetings Compliance
Objective: Provide public notice of each meeting at least seven days in advance, as specified in Section 190.007(1), using at least two communication methods.
Measurement: Timeliness and method of meeting notices as evidenced by posting to CDD website, publishing in local newspaper and via electronic communication.
Standard: 100% of meetings were advertised with 7 days notice per statute on at least two mediums (i.e., newspaper, CDD website, electronic communications).
Achieved: Yes  No 

Goal 1.3: Access to Records Compliance
Objective: Ensure that meeting minutes and other public records are readily available and easily accessible to the public by completing monthly CDD website checks.
Measurement: Monthly website reviews will be completed to ensure meeting minutes and other public records are up to date as evidenced by District Management’s records. Standard: 100% of monthly website checks were completed by District Management. Achieved: Yes  No 

2. Infrastructure and Facilities Maintenance
Goal 2.1: District Infrastructure and Facilities Inspections
Objective: District Engineer will conduct an inspection of the District’s infrastructure and related systems.
Measurement: Inspection completed on an as-needed basis as evidenced by district engineer’s report related to district’s infrastructure and related systems.
Standard: Inspection completed in the Fiscal Year by the district’s engineer, if needed.
Achieved: Yes  No 

3. Financial Transparency and Accountability Goal 3.1: Annual Budget Preparation
Objective: Prepare and approve the annual proposed budget by June 15 and final budget was adopted by September 30 each year.
Measurement: Proposed budget was approved by the Board before June 15 and final budget was adopted by September 30 as evidenced by meeting minutes and budget documents listed on CDD website and/or within district records.
Standard: 100% of budget approval & adoption were completed by the statutory deadlines and posted to the CDD website.
Achieved: Yes  No 

Goal 3.2: Financial Reports
Objective: Publish to the CDD website the most recent versions of the following documents: Annual audit, current fiscal year budget with any amendments, and most recent financials within the latest agenda package.
Measurement: Annual audit, previous years’ budgets, and financials are accessible to the public as evidenced by corresponding documents on the CDD’s website.
Standard: CDD website contains 100% of the following information: Most recent annual audit, most recent adopted/amended fiscal year budget, and most recent agenda package with updated financials.
Achieved: Yes  No 

Goal 3.3: Annual Financial Audit
Objective: Conduct an annual independent financial audit per statutory requirements and publish the results to the CDD website for public inspection, and transmit to the State of Florida.
Measurement: Timeliness of audit completion and publication as evidenced by meeting minutes showing board approval and annual audit is available on the CDD’s website and transmitted to the State of Florida.
Standard: Audit was completed by an independent auditing firm per statutory requirements and results were posted to the CDD website and transmitted to the State of Florida.
Achieved: Yes  No 

Chair/Vice Chair:	
Print Name:	

Date:	

District Manager:	
Print Name:	

Date:	

New Port – Tampa Bay Community Development District

Public Hearing on the Adoption of the District’s Annual Budget and Levy of O&M Assessments
Consideration of Resolution 2026-07, Adopting the Fiscal Year 2027 Budget and Appropriating Funds
Consideration of O&M assessment Methodology
Consideration of Resolution 2026-08, Levying O&M Assessments and Certifying an Assessment Roll

RESOLUTION 2026-07

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE NEW PORT TAMPA BAY COMMUNITY DEVELOPMENT DISTRICT ADOPTING A BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2026, AND ENDING SEPTEMBER 30, 2027; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager submitted, prior to June 15th, to the Board of Supervisors (“Board”) of the New Port Tampa Bay Community Development District (“District”) a proposed budget for the next ensuing budget year (“Proposed Budget”), along with an explanatory and complete financial plan for each fund, pursuant to the provisions of Sections 189.016(3) and 190.008(2)(a), Florida Statutes;

WHEREAS, the District filed a copy of the Proposed Budget with the local governing authorities having jurisdiction over the area included in the District at least 60 days prior to the adoption of the Proposed Budget pursuant to the provisions of Section 190.008(2)(b), Florida Statutes;

WHEREAS, the Board held a duly noticed public hearing pursuant to Section 190.008(2)(a), Florida Statutes;

WHEREAS, the District Manager posted the Proposed Budget on the District’s website at least 2 days before the public hearing pursuant to Section 189.016(4), Florida Statutes;

WHEREAS, the Board is required to adopt a resolution approving a budget for the ensuing fiscal year and appropriate such sums of money as the Board deems necessary to defray all expenditures of the District during the ensuing fiscal year pursuant to Section 190.008(2)(a), Florida Statutes; and

WHEREAS, the Proposed Budget projects the cash receipts and disbursements anticipated during a given time period, including reserves for contingencies for emergency or other unanticipated expenditures during the fiscal year.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD:

Section 1.

Budget.

a.

That the Board has reviewed the Proposed Budget, a copy of which is on file with the office of the District Manager and at the District’s records office, and hereby approves certain amendments thereto, as shown below.

b.

That the Proposed Budget as amended by the Board attached hereto as Exhibit A, is hereby adopted in accordance with the provisions of Section 190.008(2)(a), Florida Statutes, and incorporated herein by reference; provided, however, that the comparative figures contained in the adopted budget may be subsequently revised as deemed necessary by the District Manager to reflect actual revenues and expenditures for fiscal year 2025-2026 and/or revised projections for fiscal year 2026-2027.

c.

That the adopted budget, as amended, shall be maintained in the office of the District Manager and at the District’s records office and identified as “The Budget for the New

Page 1 of 3

4920-4927-3020, v. 1

Port Tampa Bay Community Development District for the Fiscal Year Beginning October 1, 2026, and Ending September 30, 2027.”

d. The final adopted budget shall be posted by the District Manager on the District’s website within 30 days after adoption pursuant to Section 189.016(4), Florida Statutes.

Section 2. Appropriations. There is hereby appropriated out of the revenues of the District (the sources of the revenues will be provided for in a separate resolution), for the fiscal year

beginning	October

1,	2026,	and

ending	September	30,

2027,	the	sum	of

$	, which sum is deemed by the Board to be necessary to defray all

expenditures of the District during said budget following fashion:

year, to be divided and appropriated in the

Total General Fund

$	

Total Reserve Fund [if Applicable]

$	

Total Debt Service Funds

$	

Total All Funds*

$	

*Not inclusive of any collection costs or early payment discounts.

Section 3. Budget Amendments. Pursuant to Section 189.016(6), Florida Statutes, the District at any time within the fiscal year or within 60 days following the end of the fiscal year may amend its budget for that fiscal year as follows:

a.

The Board may authorize an increase or decrease in line item appropriations within a fund by motion recorded in the minutes if the total appropriations of the fund do not increase.

b.

The District Manager or Treasurer may authorize an increase or decrease in line item appropriations within a fund if the total appropriations of the fund do not increase and if the aggregate change in the original appropriation item does not exceed $10,000 or 10% of the original appropriation.

c.

Any other budget amendments shall be adopted by resolution and be consistent with Florida law. This includes increasing any appropriation item and/or fund to reflect receipt of any additional unbudgeted monies and making the corresponding change to appropriations or the unappropriated balance.

The District Manager or Treasurer must establish administrative procedures to ensure that any budget amendments are in compliance with this section and Section 189.016, Florida Statutes, among other applicable laws. Among other procedures, the District Manager or Treasurer must ensure that any amendments to budget(s) under subparagraph c. above are posted on the District’s website within 5 days after adoption pursuant to Section 189.016(7), Florida Statutes.

Page 2 of 3

4920-4927-3020, v. 1

Section 4. Effective Date. This Resolution shall take effect upon the passage and adoption of this Resolution by the Board.

Passed and Adopted on August 20, 2026.

Attested By:

New Port Tampa Bay Community Development District

Print Name:	
Secretary/Assistant Secretary

Print Name:	
Chair/Vice Chair of the Board of Supervisors

Exhibit A:

FY 2026-2027 Adopted Budget

Page 3 of 3

4920-4927-3020, v. 1

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 Through 07/31/26

Anticipated Aug - Sept.

Anticipated FY 2026 Total

FY 2026 Adopted Budget

FY 2027Approved Proposed Budget

Revenues
On-Roll Assessments
On-Roll Assessments- Master Interest Income
Net Revenues

$

139,893.86
- 7,111.16

$

-
-
-

$

139,893.86
- 7,111.16

$

137,408.20
-
-

$

192,000.00
700,000.00
-

$

147,005.02

$

-

$

147,005.02

$

137,408.20

$

892,000.00

General & Administrative Expenses Public Officials' Liability Insurance Supervisor Fees
General Insurance Trustee Services
District Management Fees Assessment Administration Reamortization Schedule Disclosure Agent Engineering Fees
District Counsel Audit Fees
Legal Advertising
Website Maintenance Fee Utilities
Postage/ Shipping Miscellaneous Charges Tax Preparation Fee Contingency
Dues, Licenses & Fees

$

3,014.00
- 5,598.00
4,211.25
18,750.00
20,000.00
- 3,750.00
7,678.00
27,517.50
4,300.00
2,125.37
2,150.00
10,136.58
32.77
3,892.99
6.42
- 175.00

$

-
-
-
- 3,750.00
-
250.00
1,250.00
1,666.67
2,500.00
- 333.33
550.00
2,321.86
33.33
383.33
- 30,000.00
-

$

3,014.00
- 5,598.00
4,211.25
22,500.00
20,000.00
250.00
5,000.00
9,344.67
30,017.50
4,300.00
2,458.70
2,700.00
12,458.44
66.10
4,276.32
6.42
30,000.00
175.00

$

3,315.40
2,500.00
6,157.80
4,500.00
22,500.00
10,000.00
250.00
5,000.00
10,000.00
15,000.00
4,800.00
2,000.00
2,700.00
16,000.00
200.00
2,300.00
10.00
30,000.00
175.00

$

3,500.00
2,400.00
6,500.00
4,500.00
52,000.00
10,000.00
250.00
5,000.00
25,000.00
25,000.00
4,800.00
2,500.00
2,700.00
16,000.00
500.00
1,125.00
50.00
30,000.00
175.00

Total General & Administrative Expenses

113,337.88

43,038.53

156,376.41

137,408.20

192,000.00

Master Association Maintenance 
-

Master Assocation Maint.

-

-

-

$

700,000.00

Total Master Administrative Expenses

-

-

-

-

$

700,000.00

Total Expenses

$	113,337.88

$

43,038.53

$

156,376.41

$

137,408.20

$

892,000.00

$

33,667.14

$

(43,038.53)

$

(9,371.39)

$

-

$

-

Net Income (Loss)

Page 1 of 7

New Port Tampa Bay CDD
FY 2027 O&M Proposed Assessment Comparison

2026

2027

Unit Type

O&M Assessment (Gross)

O&M Assessment (Gross)

Increase / (Decrease)

1292 Units
1318.98 Units

$

113.41
-

$

- 719.45

$

(113.41)
719.45

Page 2 of 7

New Port Tampa Bay CDD
FY 2027
Proposed Assessments

FY 2027

FY 2027 O&M
Assessment

Series 2021
Debt Service Assessment

Unit Type

Total

Platted Lots
Tower 1

$

719.45
719.45

$

-
1,889.29

$

719.45
2,608.74

Page 3 of 7

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 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.

Page 4 of 7

New Port Tampa Bay CDD
FY 2027

Reamortization 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

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 Fee

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.

Page 5 of 7

New Port Tampa Bay CDD
FY 2027

Tax 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.

Contingency

Other expenses incurred throughout the year.

Dues, Licenses & Fees

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

Page 6 of 7

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

FY2027 Proposed Series 2021 Budget

REVENUES:

Special Assessments

$

875,821.89

TOTAL REVENUES

$

875,821.89

EXPENDITURES:

Interest 11/1/2026 Principal 5/1/2027 Interest 5/1/2027

$
$
$

211,703.13
245,000.00
211,703.13

TOTAL EXPENDITURES

$

668,406.26

EXCESS REVENUES

$

207,415.63

Interest 11/1/2027

$

207,415.63

Page 7 of 7

RESOLUTION 2026-08

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE

NEW

PORT

TAMPA

BAY

COMMUNITY

DEVELOPMENT

DISTRICT IMPOSING ANNUALLY RECURRING OPERATIONS

AND

MAINTENANCE

NON-AD	VALOREM

SPECIAL

ASSESSMENTS;	PROVIDING

FOR	COLLECTION

AND

ENFORCEMENT OF ALL DISTRICT SPECIAL ASSESSMENTS;

CERTIFYING	AN

ASSESSMENT

ROLL;

PROVIDING	FOR

AMENDMENT OF THE ASSESSMENT ROLL; PROVIDING FOR

CHALLENGES

AND

PROCEDURAL

IRREGULARITIES;

PROVIDING

FOR

SEVERABILITY;	PROVIDING

FOR

AN

EFFECTIVE DATE.

WHEREAS, the New Port Tampa Bay Community Development District (“District”) is a local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes for the purpose of providing, preserving, operating, and maintaining infrastructure improvements, facilities, and services to the lands within the District;

WHEREAS, the Board terminated the Operating Agreement dated February 7, 2017 between the District and the Westshore Marina District Master Association, Inc. and will assume the maintenance responsibilities for District infrastructure on January 1, 2027;

WHEREAS, the Board of Supervisors of the District (“Board”) hereby determines to undertake various activities described in the District’s adopted budget for fiscal year 2026-2027 attached hereto as Exhibit A (“FY 2026-2027 Budget”) and incorporated as a material part of this Resolution by this reference;

WHEREAS, the District must obtain sufficient funds to provide for the activities described in the FY 2026-2027 Budget;

WHEREAS, the provision of the activities described in the FY 2026-2027 Budget is a benefit to lands within the District;

WHEREAS, the District may impose non-ad valorem special assessments on benefited lands within the District pursuant to Chapter 190, Florida Statutes;

WHEREAS, such special assessments may be placed on the county tax roll and collected by the local Tax Collector (“Uniform Method”) pursuant to Chapters 190 and 197, Florida Statutes;

WHEREAS, the District has, by resolution and public notice, previously evidenced its intention to utilize the Uniform Method;

WHEREAS, the District has approved an agreement with the county Property Appraiser (“Property Appraiser”) and county Tax Collector (“Tax Collector”) to provide for the collection of special assessments under the Uniform Method;

WHEREAS, it is in the best interests of the District to proceed with the imposition, levy, and collection of the annually recurring operations and maintenance non-ad valorem special assessments on all assessable lands in the amount contained for each parcel’s portion of the FY 2026-2027 Budget (“O&M Assessments”);

4913-7739-7948, v. 2

Page 1 of 3

WHEREAS, to account for the maintenance responsibilities the District will be performing the Board consulted with an independent assessment consultant who recommended that apportioning the O&M Assessments on a new methodology basis as described in their Operations & Maintenance Special Assessment Allocation Report (the “Methodology Report”), which is on file with the District, would be suitable for the District, that this manner of apportionment is a generally recognized and commonly approved method of proportionally spreading assessments over benefited lands, and will result in a methodology that is not dependent on subjective data or rationalizations;

WHEREAS, the Board desires to collect the annual installment for the previously levied debt service non-ad valorem special assessments (“Debt Assessments”) in the amounts shown in the FY 2026-2027 Budget;

WHEREAS, the District adopted an assessment roll as maintained in the office of the District Manager, available for review, and incorporated as a material part of this Resolution by this reference (“Assessment Roll”);

WHEREAS, it is in the best interests of the District to certify the Assessment Roll to the Tax Collector pursuant to the Uniform Method; and

WHEREAS, it is in the best interests of the District to permit the District Manager to amend the Assessment Roll, including the property certified to the Tax Collector by this Resolution, as the Property Appraiser updates the property roll, for such time as authorized by Florida law.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD:

Section 1. Methodology for Apportioning O&M Assessments. The Board finds that the Methodology Report allocates the O&M Assessments in a fair and reasonable manner and adopts the methodology included therein.

Section 2. Benefit from Activities and O&M Assessments. The provision of the activities described in the FY 2026-2027 Budget confer a special and peculiar benefit to the lands within the District, which benefits exceed or equal the O&M Assessments allocated to such lands. The allocation of the expenses of the activities to the specially benefited lands is shown in the FY 2026-2027 Budget and in the Assessment Roll.

Section 3. O&M Assessments Imposition. Pursuant to Chapter 190, Florida Statutes and procedures authorized by Florida law for the levy and collection of special assessments, the O&M Assessments are hereby imposed and levied on benefited lands within the District in accordance with the FY 2026-2027 Budget and Assessment Roll. The lien of the O&M Assessments imposed and levied by this Resolution shall be effective upon passage of this Resolution.

Section 4. Collection and Enforcement of District Assessments.

a. Uniform Method for all Debt Assessments and all O&M Assessments. The collection of all Debt Assessments and all O&M Assessments for all lands within the District, shall be at the same time and in the same manner as county taxes in accordance with the Uniform Method, as set forth in the Assessment Roll. All assessments collected by the Tax Collector shall be due, payable, and enforced pursuant to Chapter 197, Florida Statutes.

b. Future Collection Methods. The decision to collect special assessments by any particular method – e.g., on the tax roll or by direct bill – does not mean that such method will be used

4913-7739-7948, v. 2

Page 2 of 3

to collect special assessments in future years, and the District reserves the right in its sole discretion to select collection methods in any given year, regardless of past practices.

Section 5. Certification of Assessment Roll. The Assessment Roll is hereby certified and authorized to be transmitted to the Tax Collector.

Section 6. Assessment Roll Amendment. The District Manager shall keep apprised of all updates made to the county property roll by the Property Appraiser after the date of this Resolution and shall amend the Assessment Roll in accordance with any such updates, for such time as authorized by Florida law. After any amendment of the Assessment Roll, the District Manager shall file the updates to the tax roll in the District records.

Section 7. Assessment Challenges. The adoption of this Resolution shall be the final determination of all issues related to the O&M Assessments as it relates to property owners whose benefited property is subject to the O&M Assessments (including, but not limited to, the determination of special benefit and fair apportionment to the assessed property, the method of apportionment, the maximum rate of the O&M Assessments, and the levy, collection, and lien of the O&M Assessments), unless proper steps shall be initiated in a court of competent jurisdiction to secure relief within 30 days from adoption date of this Resolution.

Section 8. Procedural Irregularities. Any informality or irregularity in the proceedings in connection with the levy of the O&M Assessments shall not affect the validity of the same after the adoption of this Resolution, and any O&M Assessments as finally approved shall be competent and sufficient evidence that such O&M Assessment was duly levied, that the O&M Assessment was duly made and adopted, and that all other proceedings adequate to such O&M Assessment were duly had, taken, and performed as required.

Section 9. Severability. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.

Section 10.

Effective Date. This Resolution shall take effect upon the passage and adoption of

this Resolution by the Board.

Passed and Adopted on August 20, 2026.

Attested By:

New Port Tampa Bay Community Development District

Print Name:	
Secretary/Assistant Secretary

Print Name:	
Chair/Vice Chair of the Board of Supervisors

Exhibit A: FY 2026-2027 Budget

4913-7739-7948, v. 2

Page 3 of 3

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

Actual Through 07/31/26

Anticipated Aug - Sept.

Anticipated FY 2026 Total

FY 2026 Adopted Budget

FY 2027Approved Proposed Budget

Revenues
On-Roll Assessments
On-Roll Assessments- Master Interest Income
Net Revenues

$

139,893.86
- 7,111.16

$

-
-
-

$

139,893.86
- 7,111.16

$

137,408.20
-
-

$

192,000.00
700,000.00
-

$

147,005.02

$

-

$

147,005.02

$

137,408.20

$

892,000.00

General & Administrative Expenses Public Officials' Liability Insurance Supervisor Fees
General Insurance Trustee Services
District Management Fees Assessment Administration Reamortization Schedule Disclosure Agent Engineering Fees
District Counsel Audit Fees
Legal Advertising
Website Maintenance Fee Utilities
Postage/ Shipping Miscellaneous Charges Tax Preparation Fee Contingency
Dues, Licenses & Fees

$

3,014.00
- 5,598.00
4,211.25
18,750.00
20,000.00
- 3,750.00
7,678.00
27,517.50
4,300.00
2,125.37
2,150.00
10,136.58
32.77
3,892.99
6.42
- 175.00

$

-
-
-
- 3,750.00
-
250.00
1,250.00
1,666.67
2,500.00
- 333.33
550.00
2,321.86
33.33
383.33
- 30,000.00
-

$

3,014.00
- 5,598.00
4,211.25
22,500.00
20,000.00
250.00
5,000.00
9,344.67
30,017.50
4,300.00
2,458.70
2,700.00
12,458.44
66.10
4,276.32
6.42
30,000.00
175.00

$

3,315.40
2,500.00
6,157.80
4,500.00
22,500.00
10,000.00
250.00
5,000.00
10,000.00
15,000.00
4,800.00
2,000.00
2,700.00
16,000.00
200.00
2,300.00
10.00
30,000.00
175.00

$

3,500.00
2,400.00
6,500.00
4,500.00
52,000.00
10,000.00
250.00
5,000.00
25,000.00
25,000.00
4,800.00
2,500.00
2,700.00
16,000.00
500.00
1,125.00
50.00
30,000.00
175.00

Total General & Administrative Expenses

113,337.88

43,038.53

156,376.41

137,408.20

192,000.00

Master Association Maintenance 
-

Master Assocation Maint.

-

-

-

$

700,000.00

Total Master Administrative Expenses

-

-

-

-

$

700,000.00

Total Expenses

$	113,337.88

$

43,038.53

$

156,376.41

$

137,408.20

$

892,000.00

$

33,667.14

$

(43,038.53)

$

(9,371.39)

$

-

$

-

Net Income (Loss)

Page 1 of 7

New Port – Tampa Bay Community Development District

Assessment Roll

o

Page 1

Newport Tampa Bay CDD

Fiscal Year 2027 Assessment R

Folio

Series 2021

OGM

Total Assessments

Folio

1324274082

$	-

$	4,743.46

$	4,743.46

1324274460

1324274084

$	-

$	2,350.31

$	2,350.31

1324274462

1324274086

$	-

$	284,902.20

$	284,902.20

1324274464

1324274114

$	-

$	4,017.80

$	4,017.80

1324274466

1324274116

$	-

$	3,788.23

$	3,788.23

1324274468

1324274118

$	-

$	252,526.95

$	252,526.95

1324274470

1324274132

$	-

$	719.45

$	719.45

1324274472

1324274134

$	-

$	719.45

$	719.45

1324274474

1324274136

$	-

$	719.45

$	719.45

1324274476

1324274138

$	-

$	719.45

$	719.45

1324274478

1324274140

$	-

$	719.45

$	719.45

1324274480

1324274142

$	-

$	719.45

$	719.45

1324274492

1324274144

$	-

$	719.45

$	719.45

1324274494

1324274146

$	-

$	719.45

$	719.45

1324274496

1324274148

$	-

$	719.45

$	719.45

1324274498

1324274150

$	-

$	719.45

$	719.45

1324274500

1324274152

$	-

$	719.45

$	719.45

1324274502

1324274154

$	-

$	719.45

$	719.45

1324274504

1324274156

$	-

$	719.45

$	719.45

1324274506

1324274158

$	-

$	719.45

$	719.45

1324274508

1324274160

$	-

$	719.45

$	719.45

1324274510

1324274162

$	-

$	719.45

$	719.45

1324274512

1324274164

$	-

$	719.45

$	719.45

1324274514

1324274166

$	-

$	719.45

$	719.45

1324274516

1324274168

$	-

$	719.45

$	719.45

1324274518

1324274170

$	-

$	719.45

$	719.45

1324274520

1324274172

$	-

$	719.45

$	719.45

1324274522

1324274174

$	-

$	719.45

$	719.45

1324274524

1324274176

$	-

$	719.45

$	719.45

1324274526

1324274178

$	-

$	719.45

$	719.45

1324274528

1324274180

$	-

$	719.45

$	719.45

1324274530

1324274182

$	-

$	719.45

$	719.45

1324274532

1324274184

$	-

$	719.45

$	719.45

1324274534

1324274186

$	-

$	719.45

$	719.45

1324274536

1324274188

$	-

$	719.45

$	719.45

1324274538

1324274190

$	-

$	719.45

$	719.45

1324274540

1324274192

$	-

$	719.45

$	719.45

1324274542

1324274194

$	-

$	719.45

$	719.45

1324274544

1324274196

$	-

$	719.45

$	719.45

1324274546

1324274198

$	-

$	719.45

$	719.45

1324274548

1324274200

$	-

$	719.45

$	719.45

1324274550

1324274246

$	-

$	88,492.35

$	88,492.35

1324274552

o

Page 2

Newport Tampa Bay CDD

Fiscal Year 2027 Assessment R

Folio

Series 2021

OGM

Total Assessments

Folio

1324274248

$	-

$	113,673.10

$	113,673.10

1324274554

1324274250

$	-

$	755.75

$	755.75

1324274556

1324274262

$	-

$	719.45

$	719.45

1324274558

1324274264

$	-

$	719.45

$	719.45

1324274560

1324274266

$	-

$	719.45

$	719.45

1324274562

1324274268

$	-

$	719.45

$	719.45

1324274564

1324274270

$	-

$	719.45

$	719.45

1324274566

1324274272

$	-

$	719.45

$	719.45

1324274568

1324274274

$	-

$	719.45

$	719.45

1324274570

1324274276

$	-

$	719.45

$	719.45

1324274572

1324274278

$	-

$	719.45

$	719.45

1324274574

1324274280

$	-

$	719.45

$	719.45

1324274576

1324274282

$	-

$	719.45

$	719.45

1324274578

1324274284

$	-

$	719.45

$	719.45

1324274580

1324274286

$	-

$	719.45

$	719.45

1324274582

1324274288

$	-

$	719.45

$	719.45

1324274584

1324274290

$	-

$	719.45

$	719.45

1324274586

1324274292

$	-

$	719.45

$	719.45

1324274588

1324274294

$	-

$	719.45

$	719.45

1324274590

1324274296

$	-

$	719.45

$	719.45

1324274592

1324274298

$	-

$	719.45

$	719.45

1324274594

1324274300

$	-

$	719.45

$	719.45

1324274596

1324274302

$	-

$	719.45

$	719.45

1324274598

1324274304

$	-

$	719.45

$	719.45

1324274600

1324274306

$	-

$	719.45

$	719.45

1324274602

1324274308

$	-

$	719.45

$	719.45

1324274604

1324274310

$	-

$	719.45

$	719.45

1324274606

1324274312

$	-

$	719.45

$	719.45

1324274608

1324274314

$	-

$	719.45

$	719.45

1324274610

1324274316

$	-

$	719.45

$	719.45

1324274612

1324274318

$	-

$	719.45

$	719.45

1324274614

1324274320

$	-

$	719.45

$	719.45

1324274616

1324274322

$	-

$	719.45

$	719.45

1324274618

1324274324

$	-

$	719.45

$	719.45

1324274620

1324274326

$	-

$	719.45

$	719.45

1324274622

1324274328

$	-

$	719.45

$	719.45

1324274624

1324274330

$	-

$	719.45

$	719.45

1324274626

1324274332

$	-

$	719.45

$	719.45

1324274628

1324274334

$	-

$	719.45

$	719.45

1324274630

1324274336

$	-

$	719.45

$	719.45

1324274632

1324274338

$	-

$	719.45

$	719.45

1324274634

1324274340

$	-

$	719.45

$	719.45

1324274636

o

Page 3

Newport Tampa Bay CDD

Fiscal Year 2027 Assessment R

Folio

Series 2021

OGM

Total Assessments

Folio

1324274342

$	-

$	719.45

$	719.45

1324274638

1324274344

$	-

$	719.45

$	719.45

1324274640

1324274346

$	-

$	719.45

$	719.45

1324274642

1324274348

$	-

$	719.45

$	719.45

1324274644

1324274350

$	-

$	719.45

$	719.45

1324274646

1324274352

$	-

$	719.45

$	719.45

1324274648

1324274354

$	-

$	719.45

$	719.45

1324274650

1324274356

$	-

$	719.45

$	719.45

1324274652

1324274358

$	-

$	719.45

$	719.45

1324274654

1324274360

$	-

$	719.45

$	719.45

1324274656

1324274362

$	-

$	719.45

$	719.45

1324274658

1324274364

$	-

$	719.45

$	719.45

1324274660

1324274366

$	-

$	719.45

$	719.45

1324274662

1324274368

$	-

$	719.45

$	719.45

1324274664

1324274370

$	-

$	719.45

$	719.45

1324274666

1324274372

$	-

$	719.45

$	719.45

1324274668

1324274374

$	-

$	719.45

$	719.45

1324274670

1324274376

$	-

$	719.45

$	719.45

1324274672

1324274378

$	-

$	719.45

$	719.45

1324274674

1324274380

$	-

$	719.45

$	719.45

1324274676

1324274382

$	-

$	719.45

$	719.45

1324274678

1324274384

$	-

$	719.45

$	719.45

1324274680

1324274386

$	-

$	719.45

$	719.45

1324274682

1324274388

$	-

$	719.45

$	719.45

1324274684

1324274390

$	-

$	719.45

$	719.45

1324274686

1324274392

$	-

$	719.45

$	719.45

1324274688

1324274394

$	-

$	719.45

$	719.45

1324274690

1324274396

$	-

$	719.45

$	719.45

1324274692

1324274402

$	-

$	719.45

$	719.45

1324274694

1324274404

$	-

$	719.45

$	719.45

1324274698

1324274406

$	-

$	719.45

$	719.45

1324274700

1324274408

$	-

$	719.45

$	719.45

1324274702

1324274410

$	-

$	719.45

$	719.45

1324274704

1324274412

$	-

$	719.45

$	719.45

1324274706

1324274414

$	-

$	719.45

$	719.45

1324274708

1324274416

$	-

$	719.45

$	719.45

1324274710

1324274418

$	-

$	719.45

$	719.45

1324274712

1324274420

$	-

$	719.45

$	719.45

1324274714

1324274422

$	-

$	719.45

$	719.45

1324274716

1324274424

$	-

$	719.45

$	719.45

1324274718

1324274426

$	-

$	719.45

$	719.45

1324274720

1324274428

$	-

$	719.45

$	719.45

1324274722

o

Page 4

Newport Tampa Bay CDD

Fiscal Year 2027 Assessment R

Folio

Series 2021

OGM

Total Assessments

Folio

1324274430

$	-

$	719.45

$	719.45

1324274724

1324274432

$	-

$	719.45

$	719.45

1324274726

1324274434

$	-

$	719.45

$	719.45

1324274728

1324274436

$	-

$	719.45

$	719.45

1324274730

1324274438

$	-

$	719.45

$	719.45

1324274732

1324274440

$	-

$	719.45

$	719.45

1324274734

1324274442

$	-

$	719.45

$	719.45

1324274736

1324274444

$	-

$	719.45

$	719.45

1324274738

1324274446

$	-

$	719.45

$	719.45

1324274740

1324274448

$	-

$	719.45

$	719.45

1324274742

1324274450

$	-

$	719.45

$	719.45

1324274452

$	-

$	719.45

$	719.45

1324274454

$	-

$	719.45

$	719.45

1324274456

$	-

$	719.45

$	719.45

1324274458

$	-

$	719.45

$	719.45

Page 5

ll

Series 2021

OGM

Total Assessments

$	-

$	719.45

$	719.45

$	-

$	719.45

$	719.45

$	-

$	719.45

$	719.45

$	-

$	719.45

$	719.45

$	-

$	719.45

$	719.45

$	-

$	719.45

$	719.45

$	-

$	719.45

$	719.45

$	-

$	719.45

$	719.45

$	-

$	719.45

$	719.45

$	-

$	719.45

$	719.45

$	-

$	719.45

$	719.45

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

Page 6

ll

Series 2021

OGM

Total Assessments

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

Page 7

ll

Series 2021

OGM

Total Assessments

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

Page 8

ll

Series 2021

OGM

Total Assessments

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	1,881.41

$	719.45

$	2,600.86

$	-

$	877.07

$	877.07

$	1,881.41

$	719.45

$	2,600.86

$	235,176.25

$	948,939.82

$	1,184,116.07

$	14,110.58

$	56,936.39

$	71,046.96

$	221,065.68

$	892,003.43

$	1,113,069.11

New Port – Tampa Bay Community Development District

Consideration of PFM Fee Increase Letter
(provided under seperate cover)

New Port – Tampa Bay Community Development District

Consideration of 2021-2026 26 Arbitrage Rebate Report

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

July 30, 2026

Ms. Jane Gaarlandt
New Port – Tampa Bay Community Development District c/o PFM Group Consulting LLC
3501 Quadrangle Blvd., Suite 270
Orlando, Florida 32817

$11,580,000
New Port – Tampa Bay Community Development District Special Assessment Bonds, Series 2021
(“Bonds”)

Dear Ms. Gaarlandt:

Attached you will find our arbitrage rebate report for the above-referenced Bonds for the five-year period beginning February 8, 2021, through the period ended February 8, 2026 (“Computation Period”). This report indicates that there is no cumulative rebatable arbitrage liability as of February 8, 2026.

The Bonds were reviewed for compliance with IRS Yield Restriction rules as described in Treasury Regulations §1.148-2.

The next annual arbitrage rebate calculation date is February 8, 2027. We have provided an engagement letter for the next Computation Period for you to sign and return. If you have any questions or comments, please do not hesitate to contact me at (850) 754-0311 or by email at liscott@llstax.com.

Sincerely,

Linda L. Scott
Linda L. Scott, CPA

New Port – Tampa Bay Community Development District
$11,580,000 New Port – Tampa Bay Community Development District Special Assessment Bonds, Series 2021

For the period ended February 8, 2026

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

July 30, 2026

New Port – Tampa Bay Community Development District c/o PFM Group Consulting LLC
3501 Quadrangle Blvd., Suite 270
Orlando, Florida 32817

Re: $11,580,000 New Port – Tampa Bay Community Development District Special Assessment Bonds, Series 2021 (“Bonds”)

New Port – Tampa Bay Community Development District (“Client”) has requested that we prepare certain computations related to the above-described Bonds for the period ended February 8, 2026 (“Computation Period”). The scope of our engagement consisted of the preparation of computations to determine the Rebatable Arbitrage for the Bonds for the Computation Period as described in
Section 148(f) of the Internal Revenue Code of 1986, as amended (“Code”), and this report is not to be used for any other purpose.

In order to prepare these computations, we were provided by the Client with and have relied upon certain closing documents for the Bonds and investment earnings information on the proceeds of the Bonds during the Computation Period. The attached schedule is based upon the aforementioned information provided to us. The assumptions and computational methods we used in the preparation of the schedule are described in the Summary of Notes, Assumptions, Definitions and Source Information. A brief description of the schedule is also attached.

The results of our computations indicate a negative Cumulative Rebatable Arbitrage of $(415,493.25) at February 8, 2026. As such, no amount must be on deposit in the Rebate Fund.

As specified in Form 8038G, the calculations have been performed based upon a Bond Yield of 3.9918%. Accordingly, we have not recomputed the Bond Yield.

The scope of our engagement was limited to the preparation of a mathematically accurate Rebatable Arbitrage for the Bonds for the Computation Period based on the information provided to us. The Rebatable Arbitrage has been determined as described in the Code, and regulations promulgated thereunder (“Regulations”). We have no obligation to update this report because of events occurring, or information coming to our attention, subsequent to the date of this report.

LLS Tax Solutions Inc.

SUMMARY OF NOTES, ASSUMPTIONS, DEFINITIONS, SOURCE INFORMATION, AND DESCRIPTION OF SCHEDULE

New Port – Tampa Bay Community Development District July 30, 2026
$11,580,000 Special Assessment Bonds, Series 2021 For the period ended February 8, 2026

NOTES AND ASSUMPTIONS

1.

The issue date of the Bonds is February 8, 2021.

2.

The end of the first Bond Year for the Bonds is February 8, 2022.

3.

Computations of yield are based upon a 30-day month, a 360-day year and semiannual compounding.

4.

We have assumed that the only funds and accounts relating to the Bonds that are subject to rebate under Section 148(f) the Code are shown in the attached schedule.

5.

For investment cash flow purposes, all payments and receipts are assumed to be paid or received, respectively, as shown in the attached schedule. In determining the Rebatable Arbitrage for the Bonds, we have relied on information provided by you without independent verification, and we can therefore express no opinion as to the completeness or suitability of such information for such purposes. In addition, we have undertaken no responsibility to review the tax-exempt status of interest on the Bonds.

6.

We have assumed that the purchase and sale prices of all investments as represented to us are at fair market value, exclusive of brokerage commissions, administrative expenses, or similar expenses, and representative of arms’ length transactions that did not artificially reduce the Rebatable Arbitrage for the Bonds, and that no “prohibited payments” occurred and no “imputed receipts” are required with respect to the Bonds.

7.

Ninety percent (90%) of the Rebatable Arbitrage as of the next “computation date” (“Next Computation Date”) is due to the United States Treasury not later than 60 days thereafter (“Next Payment Date”). (An issuer may select any date as a computation date, as long as the first computation date is not later than five years after the issue date, and each subsequent computation date is no more than five years after the previous computation date.) No other payment of rebate is required prior to the Next Payment Date. The Rebatable Arbitrage as of the Next Computation Date will not be the Rebatable Arbitrage reflected herein but will be based on future computations that will include the period ending on the Next Computation Date. If all of the Bonds are retired prior to what would have been the Next Computation Date, one hundred percent (100%) of the unpaid Rebatable Arbitrage computed as of the date of retirement will be due to the United States Treasury not later than 60 days thereafter.

8.

For purposes of determining what constitutes an “issue” under Section 148(f) of the Code, we have assumed that the Bonds constitute a single issue and are not required to be aggregated with any other bonds.

- 2 -

SUMMARY OF NOTES, ASSUMPTIONS, DEFINITIONS, SOURCE INFORMATION, AND DESCRIPTION OF SCHEDULE

New Port – Tampa Bay Community Development District July 30, 2026
$11,580,000 Special Assessment Bonds, Series 2021 For the period ended February 8, 2026

NOTES AND ASSUMPTIONS (cont’d)

9.

The accrual basis of accounting has been used to calculate earnings on investments. Earnings accrued but not received at the last day of the Computation Period are treated as though received on that day. For investments purchased at a premium or a discount (if any), amortization or accretion is included in the earnings accrued at the last day of the Computation Period. Such amortization or accretion is computed in such a manner as to result in a constant rate of return for such investment. This is equivalent to the “present value” method of valuation that is described in the Regulations.

10.

No provision has been made in this report for any debt service fund. Under Section 148(f)(4)(A) of the Code, a “bona fide debt service fund” for public purpose bonds issued after November 10, 1988 is not subject to rebate if the average maturity of the issue of bonds is at least five years and the rates of interest on the bonds are fixed at the issue date. It appears and has been assumed that the debt service fund allocable to the Bonds qualifies as a bona fide debt service fund, and that this provision applies to the Bonds.

11.

The Bonds were issued for the purpose of providing funds to (i) finance a portion of the cost of construction, installation and equipping of public infrastructure improvements, including without limitation a stormwater management system, seawall revetment, earthwork, roadways, water and wastewater utilities, hardscape/landscape/irrigation, recreational improvements, a security gatehouse, land acquisition, and professional fees and costs (the “Project”), (ii) fund the Reserve Account in an amount which equals the 2021 Reserve Account Requirement, (iii) pay a portion of the interest accruing on the Bonds, and (iv) pay the costs associated with the issuance of the Bonds.

12.

The District selected to treat the last day of the fifth Bond Year (February 8, 2026) as the initial installment computation date.

13.

The Bonds were reviewed for compliance with IRS Yield Restriction rules as described in Treasury Regulations §1.148-2.

- 3 -

SUMMARY OF NOTES, ASSUMPTIONS, DEFINITIONS, SOURCE INFORMATION, AND DESCRIPTION OF SCHEDULE

New Port – Tampa Bay Community Development District July 30, 2026
$11,580,000 Special Assessment Bonds, Series 2021 For the period ended February 8, 2026

DEFINITIONS

1.

Bond Year: Each one-year period that ends on the day selected by the Client. The first and last Bond Years may be shorter periods.

2.

Bond Yield: The yield that, when used in computing the present value (at the issue date of the Bonds) of all scheduled payments of principal and interest to be paid over the life of the Bonds, produces an amount equal to the Issue Price.

3.

Allowable Earnings: The amount that would have been earned if all nonpurpose investments were invested at a rate equal to the Bond Yield, which amount is determined under a future value method described in the Regulations.

4.

Computation Date Credit: A credit allowed by the Regulations as a reduction to the Rebatable Arbitrage on certain prescribed dates.

5.

Rebatable Arbitrage: The excess of actual earnings over Allowable Earnings and Computation Date Credits.

6.

Issue Price: Generally, the initial offering price at which a substantial portion of the Bonds is sold

to the public.

For this purpose, 10% is a substantial portion.

- 4 -

SUMMARY OF NOTES, ASSUMPTIONS, DEFINITIONS, SOURCE INFORMATION, AND DESCRIPTION OF SCHEDULE

New Port – Tampa Bay Community Development District July 30, 2026
$11,580,000 Special Assessment Bonds, Series 2021 For the period ended February 8, 2026

SOURCE INFORMATION

Bonds

Source

Closing Date

Form 8038G

Bond Yield

Form 8038G

Investments

Source

Principal and Interest Receipt Amounts and Dates

Trust Statements

Investment Dates and Purchase Prices

Trust Statements

- 5 -

SUMMARY OF NOTES, ASSUMPTIONS, DEFINITIONS, SOURCE INFORMATION, AND DESCRIPTION OF SCHEDULE

New Port – Tampa Bay Community Development District July 30, 2026
$11,580,000 Special Assessment Bonds, Series 2021 For the period ended February 8, 2026

DESCRIPTION OF SCHEDULE

SCHEDULE 1 - REBATABLE ARBITRAGE CALCULATION

Schedule 1 sets forth the amount of interest receipts and gains/losses on sales of investments and the calculation of the Rebatable Arbitrage.

- 6 -

$11,580,000 NEW PORT - TAMPA BAY COMMUNITY DEVELOPMENT DISTRICT SPECIAL ASSESSMENT BONDS, SERIES 2021

SCHEDULE 1 - REBATABLE ARBITRAGE CALCULATION

2 /
2 /
2 /

8 /
8 /
8 /

2021
2021
2026

ISSUE DATE
BEGINNING OF COMPUTATION PERIOD COMPUTATION DATE

INVESTMENT VALUE AT
 COMPUTATION DATE 

EARNINGS ON
 INVESTMENTS 
0.00
1.92
0.00
2.83
0.00
2.74
0.00
2.83
0.00
2.74
0.00
2.83
0.00
2.83
0.00
2.74
0.00
2.83
0.00
2.74
0.00
2.83
0.00
2.83
0.00
2.55
0.00
2.83
0.00
2.74
0.00
2.83
0.00
2.74
0.00
2.83
0.00
437.90
1.37
0.00
821.06
0.00
1,007.17
0.00
1,067.38
0.00
1,244.36
0.00
1,323.73
0.00
1,200.57
0.00
722.53
875.80
0.00
2,021.64
0.00
2,092.79
0.00
2,080.02
0.00
755.38
1,594.68
0.00
3,026.07
0.00
2,928.45
0.00
3,026.49

OTHER DEPOSITS
 (WITHDRAWALS) 
665,971.88
0.00
(1.92)
0.00
(2.83)
0.00
(2.74)
0.00
(2.83)
0.00
(2.74)
0.00
(2.83)
0.00
(2.83)
0.00
(2.74)
0.00
(2.83)
0.00
(2.74)
0.00
(2.83)
0.00
(2.83)
0.00
(2.55)
0.00
(2.83)
0.00
(2.74)
0.00
(2.83)
0.00
(2.74)
0.00
(2.83)
0.00
0.00
(439.27)
0.00
(821.06)
0.00
(1,007.17)
0.00
(1,067.38)
0.00
(1,244.36)
0.00
(1,323.73)
0.00
(1,200.57)
0.00
0.00
(1,598.33)
0.00
(2,021.64)
0.00
(2,092.79)
0.00
(2,080.02)
0.00
0.00
(2,350.06)
0.00
(3,026.07)
0.00
(2,928.45)
0.00

FUTURE VALUE AT BOND YIELD
	3.9918%	
811,489.75
0.00
(2.33)
0.00
(3.43)
0.00
(3.31)
0.00
(3.41)
0.00
(3.29)
0.00
(3.38)
0.00
(3.37)
0.00
(3.25)
0.00
(3.35)
0.00
(3.23)
0.00
(3.33)
0.00
(3.32)
0.00
(2.98)
0.00
(3.30)
0.00
(3.18)
0.00
(3.27)
0.00
(3.16)
0.00
(3.25)
0.00
0.00
(503.11)
0.00
(937.10)
0.00
(1,145.98)
0.00
(1,210.49)
0.00
(1,406.25)
0.00
(1,491.36)
0.00
(1,348.15)
0.00
0.00
(1,788.51)
0.00
(2,255.25)
0.00
(2,326.95)
0.00
(2,304.38)
0.00
0.00
(2,595.84)
0.00
(3,330.47)
0.00
(3,213.13)
0.00

ALLOWABLE
	EARNINGS	
145,517.87
0.00
(0.41)
0.00
(0.60)
0.00
(0.57)
0.00
(0.58)
0.00
(0.55)
0.00
(0.55)
0.00
(0.54)
0.00
(0.51)
0.00
(0.52)
0.00
(0.49)
0.00
(0.50)
0.00
(0.49)
0.00
(0.43)
0.00
(0.47)
0.00
(0.44)
0.00
(0.44)
0.00
(0.42)
0.00
(0.42)
0.00
0.00
(63.84)
0.00
(116.04)
0.00
(138.81)
0.00
(143.11)
0.00
(161.89)
0.00
(167.63)
0.00
(147.58)
0.00
0.00
(190.18)
0.00
(233.61)
0.00
(234.16)
0.00
(224.36)
0.00
0.00
(245.78)
0.00
(304.40)
0.00
(284.68)
0.00

	DATE	

 FUND/ACCOUNT	 INITIAL DEPOSIT
DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT

2
3
3
4
4
5
5
6
6
7
7
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8
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9
10
10
11
11
12
12
1
1
2
2
3
3
4
4
5
5
6
6
7
7
8
8
9
9
9
10
10
11
11
12
12
1
1
2
2
3
3
4
4
4
5
5
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6
7
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8
8
8
9
9
10
10
11

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8
1
2
1
2
3
4
1
2
1
2
2
3
1
2
1
4
1
2
1
2
3
4
1
2
1
2
1
4
2
3
1
2
1
5
1
2
1
1
2
3
4
1
2
1
2
3
4
1
2
1
2
3
3
4
1
2
1
2
3
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1
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3
1

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2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2023
2023
2023
2023
2023
2023
2023
2023
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2023
2023
2023
2023
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2023
2023
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2023
2023
2023
2023

Page 1

$11,580,000 NEW PORT - TAMPA BAY COMMUNITY DEVELOPMENT DISTRICT SPECIAL ASSESSMENT BONDS, SERIES 2021

SCHEDULE 1 - REBATABLE ARBITRAGE CALCULATION

2 /
2 /
2 /

8 /
8 /
8 /

2021
2021
2026

ISSUE DATE
BEGINNING OF COMPUTATION PERIOD COMPUTATION DATE

INVESTMENT VALUE AT
 COMPUTATION DATE 

EARNINGS ON
 INVESTMENTS 
0.00
2,907.46
0.00
2,988.10
0.00
2,961.40
0.00
2,770.77
0.00
2,962.59
0.00
2,866.30
0.00
2,961.81
0.00
2,866.29
0.00
2,960.05
0.00
2,959.55
0.00
2,754.92
0.00
2,677.45
0.00
2,487.16
0.00
2,477.25
0.00
2,401.92
0.00
2,169.49
0.00
2,401.88
0.00
2,324.43
0.00
2,401.62
0.00
2,324.43
0.00
2,401.89
0.00
2,399.72
0.00
2,249.62
0.00
2,251.33
0.00
2,050.69
0.00
2,023.23
0.00
1,977.99
0.00
	510.30 
	95,766.24 
0.00
0.00
26.25
0.00
0.00
34.40
0.00
0.00
31.02
0.00
0.00
0.00

OTHER DEPOSITS
 (WITHDRAWALS) 
(3,026.49)
0.00
(2,907.46)
0.00
(2,988.10)
0.00
(2,961.40)
0.00
(2,770.77)
0.00
(2,962.59)
0.00
(2,866.30)
0.00
(2,961.81)
0.00
(2,866.29)
0.00
(2,960.05)
0.00
(2,959.55)
0.00
(2,754.92)
0.00
(2,677.45)
0.00
(2,487.16)
0.00
(2,477.25)
0.00
(2,401.92)
0.00
(2,169.49)
0.00
(2,401.88)
0.00
(2,324.43)
0.00
(2,401.62)
0.00
(2,324.43)
0.00
(2,401.89)
0.00
(2,399.72)
0.00
(2,249.62)
0.00
(2,251.33)
0.00
(2,050.69)
0.00
(2,023.23)
0.00
(1,977.99)
	0.00 
		570,715.94  9,704,623.19
(1,216,122.83)
0.00
1.92
(750,502.75)
0.00
2.83
(227,459.04)
0.00
(715,426.69)
2.74
5,000.34

FUTURE VALUE AT BOND YIELD
	3.9918%	
(3,310.15)
0.00
(3,168.81)
0.00
(3,246.35)
0.00
(3,207.11)
0.00
(2,990.14)
0.00
(3,187.33)
0.00
(3,073.60)
0.00
(3,164.88)
0.00
(3,053.41)
0.00
(3,142.92)
0.00
(3,131.37)
0.00
(2,905.91)
0.00
(2,814.29)
0.00
(2,605.96)
0.00
(2,587.05)
0.00
(2,499.85)
0.00
(2,250.52)
0.00
(2,483.94)
0.00
(2,395.94)
0.00
(2,467.10)
0.00
(2,380.21)
0.00
(2,450.91)
0.00
(2,440.91)
0.00
(2,280.96)
0.00
(2,274.68)
0.00
(2,065.60)
0.00
(2,030.57)
0.00
(1,979.08)
	0.00 
		709,985.09  11,825,127.23
(1,480,062.61)
0.00
2.33
(910,683.62)
0.00
3.43
(275,400.55)
0.00
(863,558.28)
3.31
6,031.70

ALLOWABLE
	EARNINGS	
(283.66)
0.00
(261.35)
0.00
(258.25)
0.00
(245.71)
0.00
(219.37)
0.00
(224.74)
0.00
(207.30)
0.00
(203.07)
0.00
(187.12)
0.00
(182.87)
0.00
(171.82)
0.00
(150.99)
0.00
(136.84)
0.00
(118.80)
0.00
(109.80)
0.00
(97.93)
0.00
(81.03)
0.00
(82.06)
0.00
(71.51)
0.00
(65.48)
0.00
(55.78)
0.00
(49.02)
0.00
(41.19)
0.00
(31.34)
0.00
(23.35)
0.00
(14.91)
0.00
(7.34)
0.00
(1.09)
	0.00 
		139,269.16  2,120,504.04
(263,939.78)
0.00
0.41
(160,180.87)
0.00
0.60
(47,941.51)
0.00
(148,131.59)
0.57
1,031.36

	DATE	

 FUND/ACCOUNT	 DEBT SERVICE RESERVE ACCOUNT
DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT DEBT SERVICE RESERVE ACCOUNT INTEREST ACCRUAL

11
12
12
1
1
2
2
3
3
4
4
5
5
6
6
7
7
8
8
9
9
10
10
11
11
12
12
1
1
2
2
3
3
4
4
5
5
6
6
7
7
8
8
9
9
10
10
11
11
12
12
1
1
2
2
2

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2
1
4
2
3
1
2
1
4
1
2
1
2
3
4
1
2
1
2
3
4
1
2
1
4
2
3
2
3
3
4
3
4
1
2
1
2
2
3
1
2
1
4
2
3
1
2
3
4
1
2
2
5
2
3
8

/
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2023
2023
2023
2024
2024
2024
2024
2024
2024
2024
2024
2024
2024
2024
2024
2024
2024
2024
2024
2024
2024
2024
2024
2024
2024
2024
2024
2025
2025
2025
2025
2025
2025
2025
2025
2025
2025
2025
2025
2025
2025
2025
2025
2025
2025
2025
2025
2025
2025
2025
2025
2026
2026
2026
2026
2026

 	
	666,482.17 

2
2
3
3
3
4
4
4
5
5
5
5

/
/
/
/
/
/
/
/
/
/
/
/

8
19
1
2
16
1
2
6
3
4
4
10

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/
/
/
/

2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021

INITIAL DEPOSIT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT

Page 2

$11,580,000 NEW PORT - TAMPA BAY COMMUNITY DEVELOPMENT DISTRICT SPECIAL ASSESSMENT BONDS, SERIES 2021

SCHEDULE 1 - REBATABLE ARBITRAGE CALCULATION

2 /
2 /
2 /

8 /
8 /
8 /

2021
2021
2026

ISSUE DATE
BEGINNING OF COMPUTATION PERIOD COMPUTATION DATE

INVESTMENT VALUE AT
 COMPUTATION DATE 

EARNINGS ON
 INVESTMENTS 
0.00
29.17
0.00
0.00
0.00
0.00
0.00
23.86
0.00
0.00
22.06
0.00
0.00
0.00
0.00
18.79
0.00
0.00
0.00
0.00
0.00
13.97
0.00
0.00
12.32
0.00
11.65
0.00
0.00
12.00
0.00
0.00
11.96
0.00
0.00
0.00
10.59
0.00
0.00
11.56
0.00
10.81
0.00
0.00
0.00
10.96
0.00
0.00
10.06
0.00
9.85
0.00
0.00
1,522.61
4.77
0.00
2,823.28
0.00
0.00
0.00
2,920.59
0.00
0.00
0.00
2,889.94
0.00
0.00
0.00
3,078.48
0.00

OTHER DEPOSITS
 (WITHDRAWALS) 
(774,078.74)
0.00
2.83
(35,671.54)
(452,901.89)
(68,864.85)
(265,852.13)
0.00
2.74
(14,926.50)
0.00
2.83
(549,732.78)
(49,056.72)
(707,632.28)
0.00
2.83
(14,679.63)
(440,007.27)
(448,072.16)
(58,342.00)
0.00
2.74
(86,186.08)
0.00
2.83
0.00
2.74
(12,244.10)
0.00
2.83
(7,920.94)
0.00
2.83
(54,335.90)
(7,209.50)
0.00
2.55
(121,997.02)
0.00
2.83
0.00
2.74
(42,646.52)
(120,337.13)
0.00
2.83
(148,202.63)
0.00
2.74
0.00
2.83
(31,480.99)
0.00
0.00
439.27
0.00
821.06
(85,284.36)
(359,014.66)
0.00
1,007.17
(43,658.40)
(50,242.18)
0.00
1,067.38
(129,321.03)
(196,709.57)
0.00
1,244.36

FUTURE VALUE AT BOND YIELD
	3.9918%	
(931,588.78)
0.00
3.41
(42,831.14)
(543,743.70)
(82,677.57)
(319,176.02)
0.00
3.29
(17,881.11)
0.00
3.38
(656,527.65)
(58,554.66)
(844,637.99)
0.00
3.37
(17,466.07)
(523,528.17)
(533,123.92)
(69,302.08)
0.00
3.25
(102,096.31)
0.00
3.35
0.00
3.23
(14,436.09)
0.00
3.33
(9,305.20)
0.00
3.32
(63,677.64)
(8,438.80)
0.00
2.98
(142,173.15)
0.00
3.29
0.00
3.18
(49,405.71)
(139,317.96)
0.00
3.27
(170,958.17)
0.00
3.16
0.00
3.25
(36,064.37)
0.00
0.00
503.11
0.00
937.10
(97,305.00)
(409,616.99)
0.00
1,145.98
(49,604.57)
(57,085.04)
0.00
1,210.49
(146,354.64)
(222,619.30)
0.00
1,406.25

ALLOWABLE
	EARNINGS	
(157,510.04)
0.00
0.58
(7,159.60)
(90,841.81)
(13,812.72)
(53,323.89)
0.00
0.55
(2,954.61)
0.00
0.55
(106,794.87)
(9,497.94)
(137,005.71)
0.00
0.54
(2,786.44)
(83,520.90)
(85,051.76)
(10,960.08)
0.00
0.51
(15,910.23)
0.00
0.52
0.00
0.49
(2,191.99)
0.00
0.50
(1,384.26)
0.00
0.49
(9,341.74)
(1,229.30)
0.00
0.43
(20,176.13)
0.00
0.46
0.00
0.44
(6,759.19)
(18,980.83)
0.00
0.44
(22,755.54)
0.00
0.42
0.00
0.42
(4,583.38)
0.00
0.00
63.84
0.00
116.04
(12,020.64)
(50,602.33)
0.00
138.81
(5,946.17)
(6,842.86)
0.00
143.11
(17,033.61)
(25,909.73)
0.00
161.89

	DATE	

 FUND/ACCOUNT	 ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT
ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT

6
6
6
6
6
6
6
7
7
7
8
8
8
8
8
9
9
9
9
9
9
10
10
10
11
11
12
12
12
1
1
1
2
2
2
2
3
3
3
4
4
5
5
5
5
6
6
6
7
7
8
8
8
9
9
9
10
10
10
10
11
11
11
11
12
12
12
12
1
1

/
/
/
/
/
/
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/
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/
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/
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/
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/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/

1
1
2
22
23
23
23
1
2
13
2
3
11
16
16
1
2
15
15
15
30
1
4
25
1
2
1
2
8
3
4
11
1
2
3
14
1
2
24
1
4
2
3
18
24
1
2
27
1
5
1
2
30
1
1
2
3
4
7
7
1
2
15
15
1
2
21
21
3
4

/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
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/
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/
/
/
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/
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/
/
/
/
/
/
/
/
/
/
/
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/
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/
/
/
/
/
/
/
/
/
/
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/
/
/
/
/

2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2023
2023

Page 3

$11,580,000 NEW PORT - TAMPA BAY COMMUNITY DEVELOPMENT DISTRICT SPECIAL ASSESSMENT BONDS, SERIES 2021

SCHEDULE 1 - REBATABLE ARBITRAGE CALCULATION

2 /
2 /
2 /

8 /
8 /
8 /

2021
2021
2026

ISSUE DATE
BEGINNING OF COMPUTATION PERIOD COMPUTATION DATE

INVESTMENT VALUE AT
 COMPUTATION DATE 

EARNINGS ON
 INVESTMENTS 
0.00
0.00
2,571.37
0.00
0.00
0.00
1,854.34
0.00
931.14
1,128.46
0.00
0.00
1,996.47
0.00
1,982.86
0.00
0.00
1,570.21
0.00
0.00
430.20
1,038.50
0.00
0.00
939.99
0.00
556.57
0.00
0.00
247.31
0.00
116.68
0.00
132.66
0.00
145.77
0.00
149.70
0.00
172.27
0.00
180.94
0.00
200.55
0.00
206.75
0.00
228.14
0.00
242.25
0.00
237.79
0.00
244.09
0.00
236.87
0.00
246.53
0.00
248.87
0.00
233.07
0.00
0.00
227.31
0.00
211.42
0.00
227.61

OTHER DEPOSITS
 (WITHDRAWALS) 
(310,623.91)
(29,800.00)
0.00
1,323.73
(39,950.00)
(210,006.61)
0.00
1,200.57
0.00
0.00
1,598.33
(234,809.52)
0.00
2,021.64
0.00
2,092.79
(180,428.46)
0.00
2,080.02
(79,133.10)
0.00
0.00
2,350.06
(259,966.17)
0.00
3,026.07
0.00
2,928.45
(107,022.58)
0.00
3,026.49
0.00
2,907.46
0.00
2,988.10
0.00
2,961.40
0.00
2,770.77
0.00
2,962.59
0.00
2,866.30
0.00
2,961.81
0.00
2,866.29
0.00
2,960.05
0.00
2,959.55
0.00
2,754.92
0.00
2,677.45
0.00
2,487.16
0.00
2,477.25
0.00
2,401.92
0.00
2,169.49
(16,200.00)
0.00
2,401.88
0.00
2,324.43
0.00

FUTURE VALUE AT BOND YIELD
	3.9918%	
(350,497.40)
(33,599.47)
0.00
1,491.36
(44,984.28)
(236,055.45)
0.00
1,348.15
0.00
0.00
1,788.51
(262,720.60)
0.00
2,255.25
0.00
2,326.95
(200,461.90)
0.00
2,304.38
(87,553.41)
0.00
0.00
2,595.84
(286,871.47)
0.00
3,330.47
0.00
3,213.13
(117,336.39)
0.00
3,310.15
0.00
3,168.81
0.00
3,246.35
0.00
3,207.11
0.00
2,990.14
0.00
3,187.33
0.00
3,073.60
0.00
3,164.88
0.00
3,053.41
0.00
3,142.92
0.00
3,131.37
0.00
2,905.91
0.00
2,814.29
0.00
2,605.96
0.00
2,587.05
0.00
2,499.85
0.00
2,250.52
(16,792.17)
0.00
2,483.94
0.00
2,395.94
0.00

ALLOWABLE
	EARNINGS	
(39,873.49)
(3,799.47)
0.00
167.63
(5,034.28)
(26,048.84)
0.00
147.58
0.00
0.00
190.18
(27,911.08)
0.00
233.61
0.00
234.16
(20,033.44)
0.00
224.36
(8,420.31)
0.00
0.00
245.78
(26,905.30)
0.00
304.40
0.00
284.68
(10,313.81)
0.00
283.66
0.00
261.35
0.00
258.25
0.00
245.71
0.00
219.37
0.00
224.74
0.00
207.30
0.00
203.07
0.00
187.12
0.00
182.87
0.00
171.82
0.00
150.99
0.00
136.84
0.00
118.80
0.00
109.80
0.00
97.93
0.00
81.03
(592.17)
0.00
82.06
0.00
71.51
0.00

	DATE	

 FUND/ACCOUNT	 ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT

1
1
2
2
2
2
3
3
4
4
4
4
5
5
6
6
6
7
7
7
8
8
8
8
9
9
10
10
10
11
11
12
12
1
1
2
2
3
3
4
4
5
5
6
6
7
7
8
8
9
9
10
10
11
11
12
12
1
1
2
2
3
3
3
4
4
5
5
6

/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
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/
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/
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/
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/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/

18
25
1
2
7
23
1
2
3
3
4
5
1
2
1
2
9
3
5
17
1
1
2
11
1
5
2
3
10
1
2
1
4
2
3
1
2
1
4
1
2
1
2
3
4
1
2
1
2
3
4
1
2
1
4
2
3
2
3
3
4
3
4
11
1
2
1
2
2

/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
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/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/

2023
2023
2023
2023
2023
2023
2023
2023
2023
2023
2023
2023
2023
2023
2023
2023
2023
2023
2023
2023
2023
2023
2023
2023
2023
2023
2023
2023
2023
2023
2023
2023
2023
2024
2024
2024
2024
2024
2024
2024
2024
2024
2024
2024
2024
2024
2024
2024
2024
2024
2024
2024
2024
2024
2024
2024
2024
2025
2025
2025
2025
2025
2025
2025
2025
2025
2025
2025
2025

Page 4

$11,580,000 NEW PORT - TAMPA BAY COMMUNITY DEVELOPMENT DISTRICT SPECIAL ASSESSMENT BONDS, SERIES 2021

SCHEDULE 1 - REBATABLE ARBITRAGE CALCULATION

2 /
2 /
2 /

8 /
8 /
8 /

2021
2021
2026

ISSUE DATE
BEGINNING OF COMPUTATION PERIOD COMPUTATION DATE

INVESTMENT VALUE AT
 COMPUTATION DATE 

EARNINGS ON
 INVESTMENTS 
0.00
229.14
0.00
246.32
0.00
255.01
0.00
248.29
0.00
257.26
0.00
241.53
0.00
245.79
0.00
246.39
	0.00 
	34,657.37 
0.00
2.24
0.00
3.30
0.00
0.00
3.20
0.00
2.89
0.00
2.77
0.00
2.86
0.00
2.86
0.00
2.77
0.00
0.00
2.86
0.00
1.85
0.00
1.91
0.00
1.91
0.00
1.72
0.00
1.91
0.00
0.00
1.85
0.00
0.99
0.00
0.92
0.00
0.95
0.00
147.76
0.46
0.00
277.04
0.00
0.00
0.00
	0.00 
	465.02 
0.00
0.00

OTHER DEPOSITS
 (WITHDRAWALS) 
2,401.62
0.00
2,324.43
0.00
2,401.89
0.00
2,399.72
0.00
2,249.62
0.00
2,251.33
0.00
2,050.69
0.00
2,023.23
0.00
	1,977.99 
	50,818.31 
777,754.93
0.00
(2.24)
0.00
(3.30)
(103,617.43)
0.00
(3.20)
0.00
(2.89)
0.00
(2.77)
0.00
(2.86)
0.00
(2.86)
0.00
(2.77)
(224,712.51)
0.00
(2.86)
0.00
(1.85)
0.00
(1.91)
0.00
(1.91)
0.00
(1.72)
0.00
(1.91)
(224,712.51)
0.00
(1.85)
0.00
(0.99)
0.00
(0.92)
0.00
(0.95)
0.00
0.00
(148.22)
0.00
(277.04)
0.01
0.02
	(224,712.51)
	(465.02)
200,050.00
(1,750.00)

FUTURE VALUE AT BOND YIELD
	3.9918%	
2,467.10
0.00
2,380.21
0.00
2,450.91
0.00
2,440.91
0.00
2,280.96
0.00
2,274.68
0.00
2,065.60
0.00
2,030.57
0.00
	1,979.08 
	406,588.18 
947,697.90
0.00
(2.72)
0.00
(4.00)
(125,085.51)
0.00
(3.86)
0.00
(3.48)
0.00
(3.32)
0.00
(3.42)
0.00
(3.41)
0.00
(3.29)
(266,019.88)
0.00
(3.39)
0.00
(2.18)
0.00
(2.25)
0.00
(2.24)
0.00
(2.01)
0.00
(2.22)
(260,785.66)
0.00
(2.15)
0.00
(1.15)
0.00
(1.06)
0.00
(1.09)
0.00
0.00
(169.76)
0.00
(316.19)
0.01
0.02
	(255,710.56)
	39,563.13 
243,761.83
(2,132.38)

ALLOWABLE
	EARNINGS	
65.48
0.00
55.78
0.00
49.02
0.00
41.19
0.00
31.34
0.00
23.35
0.00
14.91
0.00
7.34
0.00
	1.09 
	355,769.87 
169,942.97
0.00
(0.48)
0.00
(0.70)
(21,468.08)
0.00
(0.66)
0.00
(0.59)
0.00
(0.55)
0.00
(0.56)
0.00
(0.55)
0.00
(0.52)
(41,307.37)
0.00
(0.53)
0.00
(0.33)
0.00
(0.34)
0.00
(0.33)
0.00
(0.29)
0.00
(0.31)
(36,073.15)
0.00
(0.30)
0.00
(0.16)
0.00
(0.14)
0.00
(0.14)
0.00
0.00
(21.54)
0.00
(39.15)
0.00
0.00
	(30,998.05)
	40,028.15 
43,711.83
(382.38)

	DATE	

 FUND/ACCOUNT	 ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT ACQUISITION/CONSTRUCTION ACCOUNT

6
7
7
8
8
9
9
10
10
11
11
12
12
1
1
2
2

/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/

3
1
2
1
4
2
3
1
2
3
4
1
2
2
5
2
3

/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/

2025
2025
2025
2025
2025
2025
2025
2025
2025
2025
2025
2025
2025
2026
2026
2026
2026

 	
	85,475.68 

2
3
3
4
4
5
5
5
6
6
7
7
8
8
9
9
10
10
11
11
11
12
12
1
1
2
2
3
3
4
4
5
5
5
6
6
7
7
8
8
9
9
9
10
10
11
11
11

/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/
/

8
1
2
1
2
3
3
4
1
2
1
2
2
3
1
2
1
4
1
1
2
1
2
3
4
1
2
1
2
1
4
2
2
3
1
2
1
5
1
2
1
1
2
3
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1
1
1

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2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022
2022

INITIAL DEPOSIT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT INTEREST ACCOUNT

 	
	0.00 

2
2

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8

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2021
2021

INITIAL DEPOSIT
COST OF ISSUANCE ACCOUNT

Page 5

$11,580,000 NEW PORT - TAMPA BAY COMMUNITY DEVELOPMENT DISTRICT SPECIAL ASSESSMENT BONDS, SERIES 2021

SCHEDULE 1 - REBATABLE ARBITRAGE CALCULATION

2 /
2 /
2 /

8 /
8 /
8 /

2021
2021
2026

ISSUE DATE
BEGINNING OF COMPUTATION PERIOD COMPUTATION DATE

INVESTMENT VALUE AT
 COMPUTATION DATE 

EARNINGS ON
 INVESTMENTS 
0.00
0.00
0.00
0.00
0.00
0.00
0.15
0.00
0.17
0.02
	0.00 
	0.34 
	130,888.97 

OTHER DEPOSITS
 (WITHDRAWALS) 
(25,000.00)
(55,000.00)
(6,000.00)
(45,500.00)
(5,800.00)
(10,000.00)
0.00
(46,000.00)
0.00
0.00
	(5,000.34)
	(0.34)
	621,068.89 

FUTURE VALUE AT BOND YIELD
	3.9918%	
(30,462.61)
(67,017.75)
(7,311.03)
(55,441.96)
(7,065.77)
(12,181.03)
0.00
(55,768.84)
0.00
0.00
	(6,031.70)
	348.76 
	1,156,485.16 

ALLOWABLE
	EARNINGS	
(5,462.61)
(12,017.75)
(1,311.03)
(9,941.96)
(1,265.77)
(2,181.03)
0.00
(9,768.84)
0.00
0.00
	(1,031.36)
	349.10 
	535,416.28 

	DATE	

 FUND/ACCOUNT	 COST OF ISSUANCE ACCOUNT
COST OF ISSUANCE ACCOUNT COST OF ISSUANCE ACCOUNT COST OF ISSUANCE ACCOUNT COST OF ISSUANCE ACCOUNT COST OF ISSUANCE ACCOUNT COST OF ISSUANCE ACCOUNT COST OF ISSUANCE ACCOUNT COST OF ISSUANCE ACCOUNT COST OF ISSUANCE ACCOUNT COST OF ISSUANCE ACCOUNT

2
2
2
2
2
2
3
3
4
5
5

/
/
/
/
/
/
/
/
/
/
/

8
8
8
8
10
11
1
24
1
3
10

/
/
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/
/
/
/
/
/
/

2021
2021
2021
2021
2021
2021
2021
2021
2021
2021
2021

 	
	0.00 
	751,957.85 

ACTUAL EARNINGS ALLOWABLE EARNINGS

130,888.97
	535,416.28 

REBATABLE ARBITRAGE
FUTURE VALUE OF 2/8/2022 COMPUTATION DATE CREDIT FUTURE VALUE OF 2/8/2023 COMPUTATION DATE CREDIT FUTURE VALUE OF 2/8/2024 COMPUTATION DATE CREDIT FUTURE VALUE OF 2/8/2025 COMPUTATION DATE CREDIT COMPUTATION DATE CREDIT

(404,527.31)
(2,143.45)
(2,206.75)
(2,240.27)
(2,205.47)
	(2,170.00)

CUMULATIVE REBATABLE ARBITRAGE

	(415,493.25)

Page 6

New Port – Tampa Bay Community Development District

Consideration of 2020-2027 Arbitrage Rebate 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

July 30, 2026

New Port – Tampa Bay 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 New Port – Tampa Bay 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.



$11,580,000 New Port – Tampa Bay Community Development District Special Assessment Bonds, Series 2021

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 February 8, 2026, through period ending February 8, 2027, 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:
New Port – Tampa Bay Community Development District

By: 	

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

Print Name 	
Title 	 Date: 	

New Port – Tampa Bay Community Development District

Discussion Regarding Threatened Litigation

New Port – Tampa Bay Community Development District

Discussion Regarding Status of Engagement of Outside Counsel

New Port – Tampa Bay Community Development District

Discussion Regarding Marina Property Transfer and Access
Request for Follow up from the Developer on Potential Transfer to the
CDD

New Port – Tampa Bay Community Development District

Discussion Regarding Traffic / Parking Violations/Towing on CDD Property
Traffic Safety Concerns – Request for Speed Limit Signage

New Port – Tampa Bay Community Development District

Discussion Regarding Installation of Railing along Seawall Walkway

New Port – Tampa Bay Community Development District

Discussion Regarding CDD Expenses Covered by Tower 1
Separate Meters for Water and Power for Park and Walkway Lights
Discussion regarding Reimbursement of Charges to Tower 1 Association for Back
Years

New Port – Tampa Bay Community Development District

Ratification of Payment Authorizations Nos.
241 – 250

Payment Authorization 241 5/1/2026

PAYMENT AUTHORIZATION ONLY - NO FUNDING NEEDED

85891

Times Publishing Company (NEW2)

04/30/2026

New Port Tampa Bay CDD
Total:

464.00
464.00

Assistant Secretary

Chairman / Vice Chairman

Invoice No	Supplier	Invoice Date Property		Invoice Amount

Payment Authorization 242 5/15/2026

PAYMENT AUTHORIZATION ONLY - NO FUNDING NEEDED

DM-05-2026-51

PFM Management Services LLC (NEW2)

05/05/2026

New Port Tampa Bay CDD

1,875.00

10701-051226

Tampa Electric Company (NEW2)

05/12/2026

New Port Tampa Bay CDD

775.97

Total:

2,722.45

Assistant Secretary

Chairman / Vice Chairman

23215-051226	Tampa Electric Company (NEW2)	05/12/2026	New Port Tampa Bay CDD	67.04

OE-EXP-05-2026-41	PFM Management Services LLC	05/06/2026	New Port Tampa Bay CDD	4.44
(NEW2)

Invoice No	Supplier	Invoice Date Property		Invoice Amount

Payment Authorization 243 5/22/2026

PAYMENT AUTHORIZATION ONLY - NO FUNDING NEEDED

26-01623H

Business Observer (NEW2)

05/15/2026

New Port Tampa Bay CDD

54.69

8473

VGlobalTech (NEW2)

05/01/2026

New Port Tampa Bay CDD
Total:

125.00
247.50

Assistant Secretary

Chairman / Vice Chairman

26-01780H	Business Observer (NEW2)	05/22/2026	New Port Tampa Bay CDD	67.81

Invoice No	Supplier	Invoice Date Property		Invoice Amount

Payment Authorization 244 5/29/2026

PAYMENT AUTHORIZATION ONLY - NO FUNDING NEEDED

28409

Straley Robin Vericker (NEW2)

05/15/2026

New Port Tampa Bay CDD
Total:

3,037.50
3,037.50

Assistant Secretary

Chairman / Vice Chairman

Invoice No	Supplier	Invoice Date Property		Invoice Amount

Payment Authorization 245 6/5/2026

PAYMENT AUTHORIZATION ONLY - NO FUNDING NEEDED

8562

VGlobalTech (NEW2)

06/01/2026

New Port Tampa Bay CDD
Total:

125.00
125.00

Assistant Secretary

Chairman / Vice Chairman

Invoice No	Supplier	Invoice Date Property		Invoice Amount

Payment Authorization 246 6/12/2026

PAYMENT AUTHORIZATION ONLY - NO FUNDING NEEDED

267

J.H. McKay, LLC (NEW2)

06/04/2026

New Port Tampa Bay CDD

10,000.00

10701-061126

Tampa Electric Company (NEW2)

06/11/2026

New Port Tampa Bay CDD

859.14

Total:

12,801.18

Assistant Secretary

Chairman / Vice Chairman

23215-061126	Tampa Electric Company (NEW2)	06/11/2026	New Port Tampa Bay CDD	67.04

DM-06-2026-51	PFM Management Services LLC	06/05/2026	New Port Tampa Bay CDD	1,875.00 (NEW2)

Invoice No	Supplier	Invoice Date Property		Invoice Amount

Payment Authorization 247 6/18/2026

PAYMENT AUTHORIZATION ONLY - NO FUNDING NEEDED

28599

Straley Robin Vericker (NEW2)

06/16/2026

New Port Tampa Bay CDD
Total:

1,350.00
1,350.00

Assistant Secretary

Chairman / Vice Chairman

Invoice No	Supplier	Invoice Date Property		Invoice Amount

Payment Authorization 248 7/10/2026

PAYMENT AUTHORIZATION ONLY - NO FUNDING NEEDED

142892

PFM Management Services LLC (NEW2)

06/30/2026	New Port Tampa Bay CDD

1,250.00

Total:

1,250.00

Assistant Secretary

Chairman / Vice Chairman

Invoice No	Supplier	Invoice Date Property		Invoice Amount

Payment Authorization 249 7/17/2026

PAYMENT AUTHORIZATION ONLY - NO FUNDING NEEDED

DM-07-2026-55

PFM Management Services LLC (NEW2)

07/06/2026

New Port Tampa Bay CDD

1,875.00

23215-071326

Tampa Electric Company (NEW2)

07/13/2026

New Port Tampa Bay CDD

67.04

8655

VGlobalTech (NEW2)

06/30/2026

New Port Tampa Bay CDD

300.00

Total:

3,504.96

Assistant Secretary

Chairman / Vice Chairman

8697	VGlobalTech (NEW2)	07/01/2026	New Port Tampa Bay CDD	125.00

8352	VGlobalTech (NEW2)	03/31/2026	New Port Tampa Bay CDD	300.00

10701-071326	Tampa Electric Company (NEW2)	07/13/2026	New Port Tampa Bay CDD	837.92

Invoice No	Supplier	Invoice Date Property		Invoice Amount

Payment Authorization 250 7/24/2026

PAYMENT AUTHORIZATION ONLY - NO FUNDING NEEDED

26-02660H

Business Observer (NEW2)

07/24/2026

New Port Tampa Bay CDD

183.75

Total:

2,771.25

Assistant Secretary

Chairman / Vice Chairman

28735	Straley Robin Vericker (NEW2)	07/21/2026	New Port Tampa Bay CDD	2,587.50

Invoice No	Supplier	Invoice Date Property		Invoice Amount

New Port – Tampa Bay Community Development District

Review of District Financial Position

New Port Tampa Bay CDD
July 2026 Financial Package

July 31, 2026

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

New Port Tampa Bay CDD Statement of Financial Position As of 7/31/2026

General

Debt Service S2021 Bond

Capital Projects

General Long-Term Debt

Total

Assets

Current Assets
General Checking Account Prepaid Expenses
Debt Service Reserve Series 2021 Revenue Series 2021
Acquisition/Construction Series 2021 Deposits
Total Current Assets

$

202,854.74
1,773.38

$

202,854.74
1,773.38
665,971.88
250,774.58
96,333.62
750.00

$

665,971.88
250,774.58

$

96,333.62
750.00

$

204,628.12

$

916,746.46

$

97,083.62

$

-

$

1,218,458.20

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

$

916,746.46
9,758,253.54

$

916,746.46
9,758,253.54

$

-

$

-

$

-

$

10,675,000.00

$

10,675,000.00

Total Assets

$

204,628.12

$

916,746.46

$

97,083.62

$

10,675,000.00

$

11,893,458.20

Liabilities and Net Assets

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

$

10,675,000.00

$

10,675,000.00

$

-

$

-

$

-

$

10,675,000.00

$

10,675,000.00

Total Liabilities

$

-

$

-

$

-

$

10,675,000.00

$

10,675,000.00

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

$

408,418.13
(237,457.15)
33,667.14

$

408,418.13
(237,457.15)
33,667.14

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

$

910,813.70
5,932.76

910,813.70
5,932.76

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

$

(216,609.46)
35,664.08

(216,609.46)
35,664.08

Net Assets - General Government
Total Net Assets

278,029.00

278,029.00

$

204,628.12

$

916,746.46

$

97,083.62

$

-

$

1,218,458.20

Total Liabilities and Net Assets

$

204,628.12

$

916,746.46

$

97,083.62

$

10,675,000.00

$

11,893,458.20

Page 1 of 3

New Port Tampa Bay CDD
Statement of Activities As of 7/31/2026

General

Debt Service S2021 Bond

Capital Projects

General Long-Term Debt

Total

Revenues

On-Roll Assessments On-Roll Assessments Off-Roll Assessments
Inter-Fund Group Transfers In
Other Income & Other Financing Sources Inter-Fund Transfers In
Total Revenues

$

139,893.86

$

139,893.86
223,936.33
440,572.41
(20,122.26)
13,262.31
20,122.26

$

223,936.33
440,572.41
(20,122.26)

$

13,262.31
20,122.26

$

139,893.86

$

644,386.48

$

33,384.57

$

-

$

817,664.91

Expenses

Public Officials' Liability Insurance Trustee Services
Management Engineering Disclosure Agent District Counsel
Assessment Administration Audit
Tax Preparation Postage & Shipping Legal Advertising Miscellaneous
Web Site Maintenance Dues, Licenses, and Fees Electric
General Insurance Principal Payment Interest Payments
Total Expenses

$

3,014.00
4,211.25
18,750.00
7,678.00
3,750.00
27,517.50
20,000.00
4,300.00
6.42
32.77
2,125.37
3,892.99
2,150.00
175.00
10,136.58
5,598.00

$

3,014.00
4,211.25
18,750.00
7,678.00
3,750.00
27,517.50
20,000.00
4,300.00
6.42
32.77
2,125.37
3,892.99
2,150.00
175.00
10,136.58
5,598.00
235,000.00
430,162.52

$

235,000.00
430,162.52

$

113,337.88

$

665,162.52

$

-

$

-

$

778,500.40

Other Revenues (Expenses) & Gains (Losses)

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

$

7,111.16

$

7,111.16
26,708.80
2,279.51

$

26,708.80

$

2,279.51

$

7,111.16

$

26,708.80

$

2,279.51

$

-

$

36,099.47

Change In Net Assets

$

33,667.14

$

5,932.76

$

35,664.08

$

-

$

75,263.98

$

170,960.98

$

910,813.70

$

61,419.54

$

-

$ 1,143,194.22

Net Assets At Beginning Of Year

Net Assets At End Of Year

$

204,628.12

$

916,746.46

$

97,083.62

$

-

$ 1,218,458.20

Page 2 of 3

New Port Tampa Bay CDD
Budget to Actual
For the month ending 07/31/2026

YTD Actual

YTD Budget

YTD Variance

FY 2026
Adopted Budget

Percentage Spent

Revenues
On-Roll Assessments Interest Income
Net Revenues

$

139,893.86
7,111.16

$

114,679.17
-

$

25,214.69
7,111.16

$

137,615.00
-

101.66%
0.00%

$

147,005.02

$

114,679.17

$

32,325.85

$

137,615.00

106.82%

General & Administrative Expenses
Public Officials' Liability Insurance Supervisor Fees
Trustee Services Management Engineering Disclosure Agent District Counsel
Assessment Administration Reamortization Schedule Audit
Legal Advertising Miscellaneous Website Fees Utilities
Postage /Shipping Tax Preparation Fee Reserve
Dues, Licenses, and Fees General Insurance
Total General & Administrative Expenses

$

3,014.00
- 4,211.25
18,750.00
7,678.00
3,750.00
27,517.50
20,000.00
- 4,300.00
2,125.37
3,892.99
2,150.00
10,136.58
32.77
6.42
- 175.00
5,598.00

$

2,750.00
2,166.67
3,750.00
18,750.00
8,333.33
4,166.67
12,500.00
8,333.33
208.33
4,000.00
1,666.67
1,833.33
2,250.00
13,333.33
166.67
8.33
25,000.00
145.83
5,316.67

$

264.00
(2,166.67)
461.25
- (655.33)
(416.67)
15,017.50
11,666.67
(208.33)
300.00
458.70
2,059.66
(100.00)
(3,196.75)
(133.90)
(1.91)
(25,000.00)
29.17
281.33

$

3,300.00
2,600.00
4,500.00
22,500.00
10,000.00
5,000.00
15,000.00
10,000.00
250.00
4,800.00
2,000.00
2,200.00
2,700.00
16,000.00
200.00
10.00
30,000.00
175.00
6,380.00

91.33%
0.00%
93.58%
83.33%
76.78%
75.00%
183.45%
200.00%
0.00%
89.58%
106.27%
176.95%
79.63%
63.35%
16.39%
64.20%
0.00%
100.00%
87.74%

$

113,337.88

$

114,679.17

$

(1,341.29)

$

137,615.00

82.36%

Total Expenses

 $	113,337.88 

 $	114,679.17 

 $	(1,341.29)

 $ 137,615.00 

 	

Net Income (Loss)

$

33,667.14

$

-

$

33,667.14

$

-

Page 3 of 3

New Port – Tampa Bay Community Development District

Staff Reports

New Port – Tampa Bay Community Development District

District Engineer
Update Regarding Traffic Study & City Take Back Status

New Port – Tampa Bay Community Development District

Site Manager / Westshore Marina District Master Association Manager
Maintenance Updates

Greg w/ BrightView

Gregory.*etta briyhtv ie',’/.com

1/19/26

Corner Price/Paul

irrigation mainline break at the corner of price and

Greg sent proposal to repair

Sent proposal to BOD 1/20/26

Ron Swichkow

rs',’•/ ichko',’•/ pmail.com

1/21/26

Corner-Sales Office

Broken bollard in bushes

Emailed Chris

Waiting on adequate funding//As of 2/18/26 funds

Ron Swichkow

rs',’'/ ichko',’'/ Ismail.com

2/6/26

role light east of

on during the day-

Chris emailed vendor for repair 2/1B/26

Informed Chris. Emailing Apts to ensure this is not their

Ron Swichkow

rs',’•/ ichko',’•/ Ismail.com

2/13/26

irrigation Sunset

Broken

Known and BrightView is aware

Ron Swichkow

Entrance on Bridge

gushing broken sprinkler right at entrance on Bridg

Car parking there 4 times per week and blocking c‹

remove the palm frond debris along the waters eds

Emailed Chris

rs',’/ ichko',’/ Rpmail.com 

3/9/26

Outside of gate

Emailed the PM at Town at WS Apts. As in past, Owners can call the tow company

Janice Champion

Janice Champ ion 
‹:i.champ ionmpebod pmail.com›

3/13/26

Along the Marina

3/16--Emailed Greg at BrightView

This was responsibiity of MPE

Ron Swichkow

rs',’'/ ichko',’'/ Ismail.com

3/30/26

cross walk

bollard broken/leaning

3/30-emailed CB

Ron Swichkow

B/B0/26

park

irrigation head broken

3/30-emailed CB and Greg at BV

Peter Loux

peter. loux Ismail.com

4/23/26

Waterway

toe kick they had to pour on top for building code.

Chris can repair/cut the section out. Reform and pour it.

paint it yellow and put caution tape.

Sherry Blanc

ther Blanc
rs',’'/ ichko',’'/ Ismail.com

4/24/26

MpE common area

Sidewalk is une\/en
broken sprinkler hea d at the entrance at Gandy
broken lights-kicked over Broken light outside gate Water leaking through sidewalk

Sent to Chris to review

Chris will haVe the pla stic trip hazard removed.

Asked if more permanent lights could be installed

it was main line irrigation break-Repaired by Brightvic

Ron Swichkow

3/30/26

Gandy Entrance

Chris sent to BrightView

Ron Swichkow

rswichkow@gmail.com rs',’/ ichko',’/ pmail.com 
813-461-4888

6/ 24/ 2026

Waterway

Sent to Kevin, Dominic and Chris

Ron Swichkow

7/17/26

gate

Sent to CB

Tamaria at Residences Apt

7/15/26

Residence Apts

Contact BrightView

Chris Bodie

chris s iteserveusa.com	7/24/26

Sunset Park

Broken drip line

Emailed Mick at BrightView