FOREST OAKS COMMUNITY DEVELOPMENT
DISTRICT

PALM BEACH COUNTY Regular Board Meeting & Public Hearing
JUNE 27, 2025
10:00 A.M.

Special District Services, Inc.
The Oaks Center 2501A Burns Road
Palm Beach Gardens, FL 33410
www.forestoakscdd.org 561.630.4922 Telephone 877.SDS.4922 Toll Free 561.630.4923 Facsimile

AGENDA FOREST OAKS
COMMUNITY DEVELOPMENT DISTRICT
Mattamy Homes USA
2500 Quantum Lakes Drive, Suite 215 Boynton Beach, Florida 33426
REGULAR BOARD MEETING & PUBLIC HEARING
June 27, 2025
10:00 A.M.

Call to Order
Proof of Publication…	Page 1
Consider Resignation of Jason Corp…	Page 2
Declare Seat 2 Vacant
Establish Quorum
Additions and Deletions to the Agenda
Comments from the Public for Items Not on the Agenda
Approval of Minutes
April 25, 2025 Regular Board Meeting Minutes…	Page 3
Public Hearing
Proof of Publication…	Page 6
Receive Public Comments on Fiscal Year 2025/2026 Final Budget
Consider Resolution No. 2025-11 – Adopting a Fiscal Year 2025/2026 Final Budget…	Page 7
Consider Resolution No. 2025-12 – Adopting Fiscal Year 2025/2026 Annual Assessment…	Page 17
Old Business
New Business
Consider Resolution No. 2025-13 – Adopting a Fiscal Year 2025/2025 Meeting Schedule…	Page 23
Consider Resolution No. 2025-14 – Ratifying the Sale of the 2025 Bonds…	Page 25
Administrative Matters
Board Member Comments
Adjourn

Publication Date 2025-06-13

Subcategory Miscellaneous Notices

Keywords:
Notice of Public Hearings & Reg Board Mtg of June 27, 2025	View original file

Page 1

FOREST OAKS COMMUNITY DEVELOPMENT DISTRICT PUBLIC HEARING & REGULAR BOARD MEETING
April 25, 2025

CALL TO ORDER

The Regular Board Meeting of the Forest Oaks Community Development District (the “District”) was called to order on April 25, 2025, at 10:02 a.m. at office of Mattamy Homes USA located at 2500 Quantum Lakes Drive, Suite 215, Boynton Beach, Florida 33426.

PROOF OF PUBLICATION

Proof of publication was presented which showed that notice of the Regular Board Meeting had been published in The Palm Beach Post on April 15, 2025, as legally required.

ESTABLISH A QUORUM

A quorum was established with the following Supervisors in attendance: Karl Albertson, Jason Corp, Sam Nicho, and Janice Burke.
Also in attendance were Michael McElligott of Special District Services, Inc.; Attorney Lindsay Whelan of Kutak Rock; and Misty Taylor of Bryant, Miller, Olive, P.A.
Also in attendance were Sara Zare of MBS Capital Markets (via phone); Ryan Wheeler of Caulfield & Wheeler, P.E. (via phone); and Andrew Karmeris of Special District Services (via phone).

ADDITIONS OR DELETIONS TO AGENDA

There were no additions or deletions to the agenda.
COMMENTS FROM THE PUBLIC FOR ITEMS NOT ON THE AGENDA
There were comments from the public for items not on the agenda.
APPROVAL OF MINUTES
March 28, 2025, Regular Board Meeting
Mr. McElligott presented the minutes of March 28, 2025, Regular Board Meeting and asked if there were any changes and/or corrections. There being no changes or corrections, a motion was made by Mrs. Burke, seconded by Mr. Albertson, and unanimously passed approving the minutes of the March 28, 2025, regular Board Meeting, as presented.

OLD BUSINESS

There were no Old Business items to come before the Board.

Page 1 of 3

NEW BUSINESS
Consideration of Financing Matters

Consider Approval of Supplemental Assessment Methodology Report

Mr. McElligott and Mr. Karmeris presented the Supplemental Assessment Methodology. Mr. Karmeris asked if there were any questions. Mrs. Whelan asked if the report reflected fair and equitable assessments. Mr. Karmeris answered yes. It was pointed out that there was a typo on the word “Annual”
, which Mr. Karmeris said would be corrected. After a brief discussion among the Board, there was a motion by Mr. Nicho, with a second by Mrs. Burke approving the Supplemental Assessment Methodology as amended for the typo. The motion passed 4-0.

Consider Resolution No. 2025-09 – Supplemental Assessment Resolution

Mr. McElligott and Mrs. Taylor presented Resolution 2025-09, entitled:

RESOLUTION NO. 2025-09

A RESOLUTION SETTING FORTH THE SPECIFIC TERMS OF THE FOREST OAKS COMMUNITY DEVELOPMENT DISTRICT’S SPECIAL ASSESSMENT REVENUE BONDS, SERIES 2025; CONFIRMING THE DISTRICT’S PROVISION OF THE CAPITAL IMPROVEMENT PLAN; CONFIRMING AND ADOPTING A SUPPLEMENTAL ASSESSMENT METHODOLOGY REPORT; CONFIRMING, ALLOCATING, AND AUTHORIZING THE COLLECTION OF SPECIAL ASSESSMENTS SECURING SERIES 2025 BONDS; PROVIDING FOR THE APPLICATION OF TRUE-UP PAYMENTS; PROVIDING FOR THE SUPPLEMENT TO THE IMPROVEMENT LIEN BOOK; PROVIDING FOR THE RECORDING OF A NOTICE OF SERIES 2025 SPECIAL ASSESSMENTS; PROVIDING FOR CONFLICTS, SEVERABILITY AND AN EFFECTIVE DATE.

Mrs. Taylor gave a brief description of the resolution and its purpose. She explained that the original assessment resolution approved by the Board was a not to exceed. This resolution is more precise now that we have numbers from going out o price the Bonds. After a brief discussion among the Board, there was a motion by Mr. Corp, with a second by Mr. Albertson approving Resolution 2025-09 - Supplemental Assessment Resolution as presented. The motion passed 4-0.
Consideration Resolution 2025-10 – Adopting a Fiscal Year 2025/2026 Proposed
Budget

RESOLUTION 2025-10

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE FOREST OAKS COMMUNITY DEVELOPMENT DISTRICT APPROVING THE PROPOSED BUDGET FOR FISCAL YEAR 2025/2026 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW AND PROVIDING FOR AN EFFECTIVE DATE.

Mr. McElligott presented the proposed budget. After a brief discussion among the Board, there was a motion by Mr. Nicho, with a second by Mrs. Burke approving Resolution 2025-10 – Fiscal Year 2025/2026 Proposed Budget and setting the Public Hearing for the Final Budget on June 27, 2025, at 10:00 am at the current location, as presented. The motion passed 4-0.

ADMINISTRATIVE MATTERS

Mr. McElligott reminded the Board that their May meeting would be cancelled, so the next meeting is on June 27, 2025. He also informed the Board that they should be on the lookout for their Form 1 emails from the State.

BOARD MEMBER COMMENTS

There were no further Board Member comments.

ADJOURNMENT

There being no further business to come before the Board, a motion was made by Mr. Albertson, seconded by Mr. Corp and passed unanimously adjourning the Regular Board Meeting at 10:17 a.m.

ATTESTED BY:

Secretary/Assistant Secretary	Chairperson/Vice-Chair

Publication Date 2025-06-13

Subcategory Miscellaneous Notices

Keywords:
Notice of Public Hearings & Reg Board Mtg of June 27, 2025

View original file

RESOLUTION 2025-11
[FY 2025/2026 APPROPRIATION RESOLUTION]

THE ANNUAL APPROPRIATION RESOLUTION OF THE FOREST OAKS COMMUNITY DEVELOPMENT DISTRICT (“DISTRICT”) RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGET(S) FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2025, AND ENDING SEPTEMBER 30, 2026; AUTHORIZING BUDGET AMENDMENTS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, for the fiscal year beginning October 1, 2025, and ending September 30, 2026 (“FY 2025/2026”), the District Manager prepared and submitted to the Board of Supervisors (“Board”) of the Forest Oaks Community Development District (“District”) prior to June 15, 2025, proposed budget(s) (“Proposed Budget”) along with an explanatory and complete financial plan for each fund of the District, pursuant to the provisions of Section 190.008(2)(a), Florida Statutes; and

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

WHEREAS, the Board set a public hearing on the Proposed Budget and caused notice of such public hearing to be given by publication pursuant to Section 190.008(2)(a), Florida Statutes; and
WHEREAS, the District Manager posted the Proposed Budget on the District’s website in accordance with Section 189.016, Florida Statutes; and

WHEREAS, Section 190.008(2)(a), Florida Statutes, requires that, prior to October 1st of each year, the Board, by passage of the Annual Appropriation Resolution, shall adopt 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.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE FOREST OAKS COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. BUDGET

The Proposed Budget, attached hereto as Exhibit A, as amended by the Board, is hereby adopted in accordance with the provisions of Section 190.008(2)(a), Florida Statutes (“Adopted Budget”), 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.

The Adopted Budget, as amended, shall be maintained in the office of the District Manager and at the District’s Local Records Office and identified as “The Budget for the Forest Oaks Community Development District for the Fiscal Year Ending September 30, 2026.”

The Adopted Budget shall be posted by the District Manager on the District’s official website in accordance with Chapter 189, Florida Statutes, and shall remain on the website for at least two (2) years.

SECTION 2. APPROPRIATIONS There is hereby appropriated out of the revenues of the District, for FY 2025/2026, the sum(s) set forth in Exhibit A to be raised by the levy of assessments and/or otherwise, which sum is deemed by the Board to be necessary to defray all expenditures of the District during said budget year, to be divided and appropriated as set forth in Exhibit A.

SECTION 3. BUDGET AMENDMENTS Pursuant to Section 189.016, Florida Statutes, the District at any time within FY 2025/2026 or within 60 days following the end of the FY 2025/2026 may amend its Adopted Budget for that fiscal year as follows:

A line-item appropriation for expenditures within a fund may be decreased or increased by motion of the Board recorded in the minutes, and approving the expenditure, if the total appropriations of the fund do not increase.

The District Manager or Treasurer may approve an expenditure that would increase or decrease a line-item appropriation for expenditures within a fund if the total appropriations of the fund do not increase and if either (i) the aggregate change in the original appropriation item does not exceed the greater of $15,000 or 15% of the original appropriation, or (ii) such expenditure is authorized by separate disbursement or spending resolution.
Any other budget amendments shall be adopted by resolution and consistent with Florida law. The District Manager or Treasurer must ensure that any amendments to the budget under this paragraph c. are posted on the District’s website in accordance with Chapter 189, Florida Statutes, and remain on the website for at least two (2) years.
SECTION 4. EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.

PASSED AND ADOPTED THIS 27TH DAY OF JUNE, 2025.

ATTEST:	FOREST OAKS COMMUNITY DEVELOPMENT DISTRICT

Secretary / Assistant Secretary	Chair/Vice Chair, Board of Supervisors

Exhibit A:	FY 2025/2026 Budget

Exhibit A

Forest Oaks Community Development District

Final Budget For Fiscal Year 2025/2026
October 1, 2025 - September 30, 2026

CONTENTS

FINAL BUDGET

DETAILED FINAL BUDGET

DETAILED FINAL DEBT SERVICE BUDGET

III	ASSESSMENT COMPARISON

FINAL BUDGET
FOREST OAKS COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	
FISCAL YEAR 2025/2026
BUDGET	
O&M Assessments	145,236	
Developer Contribution	0	
Debt Assessments	243,600	
Interest Income	240	
		
TOTAL REVENUES	$	389,076	
		
EXPENDITURES		
Administrative Expenditures		
Supervisor Fees	0	
Management	30,000	
Legal	30,000	
Engineering / Inspections	3,500	
Assessment Roll	5,000	
Audit Fees	4,000	
Arbitrage Rebate Fee	0	
Insurance	6,000	
Legal Advertisements	10,000	
Miscellaneous	2,087	
Postage	300	
Office Supplies	1,500	
Dues & Subscriptions	175	
Trustee Fees	4,200	
Continuing Disclosure Fee	1,000	
		
Total Administrative Expenditures	$	97,762	
		
Maintenance Expenditures		
Lake Maintenance	$	12,000	
Littoral Maintenance	$	9,000	
Dry Area Maintenance	$	9,000	
Lift Station Maintenance	$	9,000	
		
Total Maintnenance Expenditures	$	39,000	
		
TOTAL EXPENDITURES	$	136,762	
		
REVENUES LESS EXPENDITURES	$	252,314	
		
Bond Payments	(228,984)	
		
BALANCE	$	23,330	
		
County Appraiser & Tax Collector Fee	(7,777)	
Discounts For Early Payments	(15,553)	
		
EXCESS/ (SHORTFALL)	$	0	

DETAILED FINAL BUDGET
FOREST OAKS COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	
FISCAL YEAR 2023/2024 ACTUAL	
FISCAL YEAR 2024/2025 BUDGET	
FISCAL YEAR 2025/2026 BUDGET	

COMMENTS	
O&M Assessments	0	0	145,236	Expenditures Less Interest & Carryover/.94	
Developer Contribution	0	145,239	0		
Debt Assessments	0	0	243,600	Bond Payments/.94	
Interest Income	0	1	240	Interest Estimated At $20 Per Month	
TOTAL REVENUES	$	-	$	145,240	$	389,076		
					
EXPENDITURES					
Administrative Expenditures					
Supervisor Fees	0	0	0		
Management	0	36,000	30,000	As Per Contract - 12 X 2,500 = 30,000	
Legal	0	30,000	30,000	No Change From 2024/2025 Budget	
Engineering / Inspections	0	3,500	3,500	No Change From 2024/2025 Budget	
Assessment Roll	0	7,500	5,000	As Per Contract	
Audit Fees	0	4,000	4,000	No Change From 2024/2025 Budget	
Arbitrage Rebate Fee	0	650	0	District Qualifies For Small User Exception	
Insurance	0	6,000	6,000	Insurance Estimate	
Legal Advertisements	0	15,000	10,000	$5,000 Decrease From 2024/2025 Budget	
Miscellaneous	0	1,500	2,087	$587 Increase From 2024/2025 Budget	
Postage	0	300	300	No Change From 2024/2025 Budget	
Office Supplies	0	1,500	1,500	No Change From 2024/2025 Budget	
Dues & Subscriptions	0	175	175	Annual Fee Due Department Of Economic Opportunity	
Trustee Fees	0	4,200	4,200	No Change From 2024/2025 Budget	
Continuing Disclosure Fee	0	1,000	1,000	No Change From 2024/2025 Budget	
					
Total Administrative Expenditures	$	-	$	111,325	$	97,762		
					
Maintenance Expenditures					
Lake Maintenance	$	-	$	7,800	$	12,000		
Littoral Maintenance		$	5,400	$	9,000		
Dry Area Maintenance		$	6,000	$	9,000		
Lift Station Maintenance		$	6,000	$	9,000		
					
Total Maintnenance Expenditures	$	-	$	25,200	$	39,000		
					
TOTAL EXPENDITURES	$	-	$	136,525	$	136,762		
					
REVENUES LESS EXPENDITURES	$	-	$	8,715	$	252,314		
					
Bond Payments	0	0	(228,984)	Principal & Interest Payments	
					
BALANCE	$	-	$	8,715	$	23,330		
					
County Appraiser & Tax Collector Fee	0	(2,905)	(7,777)	Two Percent Of Total Assessment Roll	
Discounts For Early Payments	0	(5,810)	(15,553)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	-	$	-	$	0		

DETAILED FINAL DEBT SERVICE FUND BUDGET (SERIES 2025)
FOREST OAKS COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	

FISCAL YEAR

2023/2024

ACTUAL	

FISCAL YEAR

2024/2025

BUDGET	

FISCAL YEAR

2025/2026

BUDGET	

COMMENTS	

Interest Income	

0	

0	

0	

Projected Interest For 2025/2026	

Developer Contribution	

0	

0	

228,984		

NAV Tax Collection	

0	

0	

0		

Total Revenues	

$	-	

$	-	

$	228,984		

EXPENDITURES					

Principal Payments	

0	

0	

45,000	

Principal Payment Due In 2026	

Interest Payments	

0	

0	

182,209	

Interest Payments Due In 2026	

Bond Redemption	

0	

0	

1,775	

Estimated Excess Debt Collections	

Total Expenditures	

$	-	

$	-	

$	228,984		

Excess/ (Shortfall)	

$	-	

$	-	

$	-		

Note: Capitalized Interest Set-Up Through November 2025.

Series 2025 Bond Information

Original Par Amount =	$3,200,000	Annual Principal Payments Due =	May 1st	
Interest Rate =	4.65% - 6.00%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =	5-13-25			
Maturity Date =	5-1-55			
Par Amount As Of 5/13/25 =	$3,200,000			

III

FOREST OAKS COMMUNITY DEVELOPMENT DISTRICT ASSESSMENT COMPARISON

	Fiscal Year	Fiscal Year	Fiscal Year	
	2023/2024	2024/2025	2025/2026	
		Assessment*	 	Assessment*		 Projected Assessment* 	
O & M For Single Family 45'	$	-	$	390.42	$	390.42	
Debt For Single Family 45'	$	-	$	-	$	800.00	
Total For Single Family		
$	-	$	390.42	
$	1,190.42	
O & M For Townhomes 24'	$	-	$	390.42	$	390.42	
Debt For Townhomes 24'	$	-	$	-	$	700.00	
Total For Single Family		
$	-	$	390.42	
$	1,090.42	
O & M For Townhomes 18'-20'	$	-	$	390.42	$	390.42	
Debt For Townhomes 18'-20'	$	-	$	-	$	600.00	
Total For Single Family		
$	-	$	390.42	
$	990.42	
O & M For Workforce Housing	$	-	$	390.42	$	390.42	
Debt For Workforce Housing	N/A	N/A	N/A	
Total For Single Family		
$	-	$	390.42	
$	390.42	

* Assessments Include the Following:	Community Information		
4% Discount for Early Payments	Single Family 45'	94	94	
1% County Tax Collector Fee	Townhomes 24'	82	82	
1% County Property Appraiser Fee	Townhomes 18'-20'	185	185	
		Workforce Housing			11			11		
	Total	372	372	

RESOLUTION 2025-12
[FY 2025/2026 ASSESSMENT RESOLUTION]

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE FOREST OAKS COMMUNITY DEVELOPMENT DISTRICT PROVIDING FOR FUNDING FOR THE FY 2025/2026 ADOPTED BUDGET(S); PROVIDING FOR THE COLLECTION AND ENFORCEMENT OF SPECIAL ASSESSMENTS, INCLUDING BUT NOT LIMITED TO PENALTIES AND INTEREST THEREON; CERTIFYING AN ASSESSMENT ROLL; PROVIDING FOR AMENDMENTS TO THE ASSESSMENT ROLL; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Forest Oaks Community Development District (“District”) is a local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes, for the purpose of providing, operating and maintaining infrastructure improvements, facilities and services to the lands within the District, located in Palm Beach County, Florida (“County”); and

WHEREAS, the District has constructed or acquired various infrastructure improvements and provides certain services in accordance with the District’s adopted capital improvement plan and Chapter 190, Florida Statutes; and

WHEREAS, for the fiscal year beginning October 1, 2025, and ending September 30, 2026 (“FY 2025/2026”), the Board of Supervisors (“Board”) of the District has determined to undertake various operations and maintenance and other activities described in the District’s budget (“Adopted Budget”), attached hereto as Exhibit A; and
WHEREAS, pursuant to Chapter 190, Florida Statutes, the District may fund the Adopted Budget through the levy and imposition of special assessments on benefitted lands within the District and, regardless of the imposition method utilized by the District, under Florida law the District may collect such assessments by direct bill, tax roll, or in accordance with other collection measures provided by law; and

WHEREAS, in order to fund the District’s Adopted Budget, the District’s Board now desires to adopt this Resolution setting forth the means by which the District intends to fund its Adopted Budget.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE FOREST OAKS COMMUNITY DEVELOPMENT DISTRICT:

FUNDING. The District’s Board hereby authorizes the funding mechanisms for the Adopted Budget as provided further herein and as indicated in the Adopted Budget attached hereto as Exhibit A and the assessment roll attached hereto as Exhibit B (“Assessment Roll”).

OPERATIONS AND MAINTENANCE ASSESSMENTS.

Benefit Findings. The provision of the services, facilities, and operations as described in Exhibit A confers a special and peculiar benefit to the lands within the District, which benefit exceeds or equals the cost of the assessments. The allocation of the assessments to the specially benefitted lands is shown in Exhibit A and Exhibit B and is hereby found to be fair and reasonable.

O&M Assessment Imposition. Pursuant to Chapter 190, Florida Statutes, a special assessment for operations and maintenance (“O&M Assessment(s)”) is hereby levied and imposed on benefitted lands within the District and in accordance with Exhibit A and Exhibit B. The lien of the O&M Assessments imposed and levied by this Resolution shall be effective upon passage of this Resolution.

Maximum Rate. Pursuant to Section 197.3632(4), Florida Statutes, the lien amount shall serve as the “maximum rate” authorized by law for operation and maintenance assessments.

DEBT SERVICE SPECIAL ASSESSMENTS. The District’s Board hereby certifies for collection the FY 2025/2026 installment of the District’s previously levied debt service special assessments (“Debt Assessments,” and together with the O&M Assessments, the “Assessments”) in accordance with this Resolution and as further set forth in Exhibit A and Exhibit B, and hereby directs District staff to affect the collection of the same.
COLLECTION	AND	ENFORCEMENT;	PENALTIES;	INTEREST.
Pursuant to Chapter 190, Florida Statutes, the District is authorized to collect and enforce the Assessments as set forth below.

Tax Roll Assessments. To the extent indicated in Exhibit A and Exhibit B, those certain O&M Assessments (if any) and/or Debt Assessments (if any) imposed on the “Tax Roll Property” identified in Exhibit B shall be collected by the County Tax Collector at the same time and in the same manner as County property taxes in accordance with Chapter 197, Florida Statutes (“Uniform Method”). That portion of the Assessment Roll which includes the Tax Roll Property is hereby certified to the County Tax Collector and shall be collected by the County Tax Collector in the same manner and time as County property taxes. The District’s Board finds and determines that such collection method is an efficient method of collection for the Tax Roll Property.

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

ASSESSMENT ROLL; AMENDMENTS. The Assessment Roll, attached hereto as Exhibit B, is hereby certified for collection. The Assessment Roll shall be collected pursuant to the collection methods provided above. The proceeds therefrom shall be paid to the District. 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, to the County property roll.

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.

EFFECTIVE DATE. This Resolution shall take effect upon the passage and adoption of this Resolution by the Board.

[CONTINUED ON NEXT PAGE]

PASSED AND ADOPTED THIS 27th DAY OF JUNE, 2025.

ATTEST:	FOREST OAKS COMMUNITY DEVELOPMENT DISTRICT

Secretary / Assistant Secretary

By:	 Its:	

Exhibit A:	Adopted Budget
Exhibit B:	Assessment Roll

Exhibit A

Exhibit B

RESOLUTION 2025-13
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE FOREST OAKS COMMUNITY DEVELOPMENT DISTRICT ADOPTING THE ANNUAL MEETING SCHEDULE FOR FISCAL YEAR 2025/2026 AND PROVIDING FOR AN EFFECTIVE DATE

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

WHEREAS, the District is required by Section 189.015, Florida Statutes, to file quarterly, semi- annually, or annually a schedule (including date, time, and location) of its regular meetings with local governing authorities; and
WHEREAS, further, in accordance with the above-referenced statute, the District shall also publish quarterly, semi-annually, or annually the District’s regular meeting schedule in a newspaper of general paid circulation in the county in which the District is located.

WHEREAS, the Board desires to adopt the Fiscal Year 2025/2026 meeting schedule attached as
Exhibit A.

NOW THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE FOREST OAKS COMMUNITY DEVELOPMENT DISTRICT:
ADOPTING ANNUAL MEETING SCHEDULE. The Fiscal Year 2025/2026 annual meeting schedule attached hereto and incorporated by reference herein as Exhibit A is hereby approved and shall be published in accordance with the requirements of Florida law and also provided to applicable governing authorities.

EFFECTIVE DATE. This Resolution shall become effective immediately upon its adoption.

PASSED AND ADOPTED this 27th day of June, 2025.

ATTEST:

FOREST	OAKS	COMMUNITY	DEVELOPMENT DISTRICT

Secretary/Assistant Secretary		 Chairperson/Vice Chairperson, Board of Supervisors

Comp. Exhibit A: Fiscal Year 2025/2026 Annual Meeting Schedule

FOREST OAKS COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026 MEETING SCHEDULE

The Board of Supervisors of the Forest Oaks Community Development District ( t he “D i s t ri c t ”) will hold their regular meetings (“Meetings”) for Fiscal Year 2025/2026 at the offices of Mattamy Homes Palm Beach, LLC located at 2500 Quantum Lakes Drive, Suite 215, Boynton Beach, Florida 33426, at 10:00 a.m., unless otherwise indicated, on the following dates:
October 24, 2025
November 21, 2025
December 19, 2025
January 23, 2026
February 27, 2026
March 27, 2026
April 24, 2026
May 22, 2026
June 26, 2026
July 24, 2026
August 28, 2026
September 25, 2026
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 Special District Services, Inc., 2501A Burns Road, Palm Beach Gardens, Florida or by calling (561) 630-4922.

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 these Meetings because of a disability or physical impairment should contact the District Office at (813) 933-5571 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 Meetings 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.

Meetings may be cancelled from time to time without advertised notice. District Manager
Forest Oaks Community Development District www.forestoakscdd.org
PUBLISH: THE PALM BEACH POST

RESOLUTION 2025-14

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE FOREST OAKS COMMUNITY DEVELOPMENT DISTRICT RATIFYING, CONFIRMING, AND APPROVING THE SALE OF THE FOREST OAKS COMMUNITY DEVELOPMENT DISTRICT SPECIAL ASSESSMENT REVENUE BONDS, SERIES 2025; RATIFYING, CONFIRMING, AND APPROVING THE ACTIONS OF THE CHAIRMAN, VICE CHAIRMAN, TREASURER, SECRETARY, ASSISTANT SECRETARIES, AND ALL DISTRICT STAFF REGARDING THE SALE AND CLOSING OF THE FOREST OAKS COMMUNITY DEVELOPMENT DISTRICT SPECIAL ASSESSMENT REVENUE BONDS, SERIES 2025; DETERMINING SUCH ACTIONS AS BEING IN ACCORDANCE WITH THE AUTHORIZATION GRANTED BY THE BOARD; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

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

WHEREAS, the District previously adopted resolutions authorizing the issuance and the negotiated sale of bonds within the scope of Chapter 190, Florida Statutes, including its Special Assessment Revenue Bonds, Series 2025, in the par amount of $3,200,000 (“Series 2025 Bonds”); and

WHEREAS, the District closed on the sale of the Series 2025 Bonds on May 13, 2025;
and
WHEREAS, as prerequisites to the issuance of the Series 2025 Bonds, the Chairman, Vice Chairman, Treasurer, Assistant Secretaries, and District Staff including the District Manager, District Financial Advisor, and District Counsel were required to execute and deliver various documents (“Closing Documents”); and

WHEREAS, the District desires to ratify, confirm, and approve all actions of the District Chairman, Vice Chairman, Treasurer, Assistant Secretaries, and District Staff in connection with closing the sale of the Series 2025 Bonds.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE FOREST OAKS COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. The sale, issuance, and closing of the Series 2025 Bonds is in the best interests of the District.

SECTION 2. The issuance and sale of the Series 2025 Bonds, the adoption of resolutions relating to such bonds, the agreements entered into with respect to the issuance of such bonds, and

all actions taken in the furtherance of the closing on such bonds, are hereby declared and affirmed as being in the best interests of the District and are hereby ratified, approved, and confirmed.

SECTION 3. The actions of the Chairman, Vice Chairman, Treasurer, Secretary, Assistant Secretaries, and all District Staff in finalizing the closing and issuance of the Series 2025 Bonds, including the execution and delivery of the Closing Documents, and such other certifications or other documents required for the closing on the Series 2025 Bonds, are determined to be in accordance with the prior authorizations of the Board and are hereby ratified, approved, and confirmed in all respects.

SECTION 4. If any provision of this Resolution is held to be illegal or invalid, the other provisions shall remain in full force and effect.

SECTION 5. This Resolution shall become effective upon its passage and shall remain in effect unless rescinded or repealed.

PASSED AND ADOPTED this 27th day of June, 2025.

ATTEST:	FOREST OAKS COMMUNITY DEVELOPMENT DISTRICT

Secretary / Assistant Secretary	Chairperson, Board of Supervisors