(Public Hearing 9-1-22)
Date:	July 19, 2022	
To:	Honorable Chairman Jose “Pepe” Diaz	Agenda Item No. 5(P)
and Members, Board of County Commissioners	
From:	Daniella Levine Cava	Ordinance No. 22-103
Mayor	
Subject:	Ordinance Creating the Antillia Community Development District	

Executive Summary
The purpose of this item is to gain authorization from the Board of County Commissioners (Board) to create a Community Development District (CDD) in Unincorporated Miami-Dade County (County). CDDs are a local unit of special purpose government created according to Chapter 190 of the Florida Statutes.

Recommendation
It is recommended that the Board adopt the attached Ordinance creating the Antillia Community Development District (District) in Unincorporated Miami-Dade County, pursuant to the authority granted by the Miami-Dade County Home Rule Charter for the purposes set forth in Chapter 190 of the Florida Statutes, subject to the acceptance of the Declaration of Restrictive Covenants running with the lands within the jurisdiction of the CDD.

Scope
This District is located within Commission District 9, which is represented by County Commissioner Kionne L. McGhee, and will provide funding for capital improvements, as well as multipurpose maintenance functions, within the CDD.

Fiscal Impact/Funding Source
The creation of the District will have no fiscal impact to the County’s budget. CDD funding is derived from assessments levied against the properties within the CDD, which are secured by a lien against the properties and collected directly by the CDD or through the annual Combined Real Property tax bill pursuant to an interlocal agreement with the County.

Social Equity Statement
The proposed Ordinance grants a petition for the creation of the District, pursuant to the procedures and factors set forth in section 190.005, Florida Statutes.

If approved, pursuant to Chapter 190, Florida Statutes, the District will have the power to levy taxes and special assessments and charge, collect, and enforce fees and other user charges affecting property owners within the proposed District, regardless of their demographics. The District is a timely, efficient, effective, responsive, and economic way to deliver and finance basic community development services.

Track Record/Monitor
This development has private roads that are to be maintained by a Homeowners’ Association (HOA) or the District. A special taxing district will be created to maintain the development’s infrastructure, such as private roadways, private area storm drainage, and landscaping, should the District be dissolved or fail to fulfill its maintenance obligations. The special taxing district will remain dormant until such time as the County determines to implement the special taxing district.

Honorable Chairman Jose “Pepe” Diaz
and Members, Board of County Commissioners Page 2

Delegation of Authority
This Ordinance does not delegate any authority to the County Mayor or designee.

Background
CRE-KL Antillia Owner, LLC. (“Petitioner”), the owner of the Antillia Development, has filed an application to create the District in connection with said development. The Antillia Development is a proposed 44.202-acre residential development lying wholly within the County, in an area bounded by theoretical SW 178 Avenue on the east, SW 360 Street on the south, SW 180 Avenue on the west, and theoretical SW 355 Street on the north. The District is designed to provide a financing mechanism for community infrastructure, facilities, and services along with certain ongoing operations and maintenance for the Antillia CDD. The development plan for the lands within the proposed District includes construction of 562 townhome units with associated roadway improvements, stormwater management system, wastewater collection system, and water distribution system, which are estimated to cost approximately $14.187 million. This development has private roads that are to be maintained by an HOA or the District. A detailed summary of District elements, as well as the cost and anticipated lack of fiscal impacts to government agencies, are presented in the attached application submitted by the Petitioner. In accordance with Chapter 190, Florida Statutes, the Petitioner has paid a filing fee of $15,000.00 and an additional $15,000.00 for advertising costs to the County.

A Declaration of Restrictive Covenants has been submitted consistent with the requirements of Resolution R-413-05 adopted by the Board on April 5, 2005, and as amended by Resolution No. R-883-06, which was adopted on July 18, 2006, to add language regarding the option to pay capital assessments in full at the time of closing. The Declaration of Restrictive Covenants provides for: (1) notice in the public records of the projected taxes and assessments to be levied by the District; (2) individual prior notice to the initial purchaser of a residential lot or unit within the development; and (3) provisions for remedial options to initial purchasers whose contract for sale did not include timely notice of the existence and extent of CDD liens and special assessments.

This Board is authorized by the Florida Constitution and the County Home Rule Charter to establish governmental units, such as this CDD, within the County and to prescribe such government’s jurisdiction and powers.

Jimmy Morales
Chief Operations Officer

TO:

MEMORANDUM

(Revised)

Honorable Chairman Jose "Pepe" Diaz
and Members, Board of County Commissioners

DATE:

September 1, 2022

FROM:	�	SUBJECT: Agenda Item No.
County Attorney

5(P)

Please note any items checked.

"3-Day Rule" for committees applicable if raised

6 weeks required between first reading and public hearing

4 weeks notification to municipal officials required prior to public hearing

Decreases revenues or increases expenditures without balancing budget Budget required
Statement of fiscal impact required Statement of social equity required
Ordinance creating a new board requires detailed County Mayor's report for public hearing

No committee review

Applicable legislation requires more than a majority vote (i.e., 2/3's

present 	

, 2/3 membership 	

, 3/5's 	

,unanimous 	

, CDMP

7 vote requirement per 2-116.1(3)(h) or (4)(c) 	 , CDMP 2/3 vote
requirement per 2-116.1(3)(h) or (4)(c) 	  , or CDMP 9 vote
requirement per 2-116.1(4)(c)(2) _)	to approve

Current information regarding funding source, index code and available balance, and available capacity (if debt is contemplated) required

Approved 	Mayor	Agenda Item No. 5(P)

Veto		 Override		

9-1-22

ORDINANCE NO.

22-103

ORDINANCE GRANTING PETITION OF CRE-KL ANTILLIA OWNER, LLC., FOR ESTABLISHMENT OF A COMMUNITY DEVELOPMENT DISTRICT GENERALLY BOUNDED ON THE NORTH BY THEORETICAL SW 355 STREET, ON THE EAST BY THEORETICAL SW 178 AVENUE, ON THE SOUTH BY SW 360 STREET, AND ON THE WEST BY SW 180 AVENUE; CREATING AND ESTABLISHING ANTILLIA COMMUNITY DEVELOPMENT DISTRICT; PROVIDING FOR NAME, POWERS AND DUTIES; PROVIDING DESCRIPTION AND BOUNDARIES; PROVIDING INITIAL MEMBERS OF BOARD OF SUPERVISORS; ACCEPTING PROFFERED DECLARATION OF RESTRICTIVE COVENANTS; PROVIDING SEVERABILITY, EXCLUSION FROM THE CODE AND AN EFFECTIVE DATE

WHEREAS, the Florida Legislature created and amended chapter 190, Florida Statutes, to provide an alternative method to finance and manage basic services for community development; and
WHEREAS, section 1.01(A)(21) of the Miami-Dade County Home Rule Charter grants the Board of County Commissioners the authority to exercise all powers and privileges granted to municipalities and counties by the laws of this State; and
WHEREAS, article VIII, section 6(e) of the Florida Constitution provides for exclusive County Charter authority to establish all governmental units within Miami-Dade County and to provide for their government and prescribe their jurisdiction and powers; and
WHEREAS, CRE-KL Antillia Owner, LLC. (“Petitioner”), a Delaware Company, has petitioned for the establishment of the Antillia Community Development District (“District”); and

Agenda Item No. 5(P)
Page 2

WHEREAS, a public hearing has been conducted by the Board of County Commissioners in accordance with the requirements and procedures of section 190.005(2)(b), Florida Statutes, and the applicable requirements and procedures of the Miami-Dade County Home Rule Charter and Code; and
WHEREAS, the District will constitute a timely, efficient, effective, responsive and economic way to deliver community development services in the area, thereby providing a solution to the County’s planning, management and financing needs for delivery of capital infrastructure therein without overburdening the County and its taxpayers; and
WHEREAS, the Board of County Commissioners finds that the statements contained in the Petition are true and correct; and
WHEREAS, the creation of the District is not inconsistent with any applicable element or portion of the State comprehensive plan or the Miami-Dade County Comprehensive Development Master Plan; and
WHEREAS, the area of land within the District is of sufficient size, is sufficiently compact, and is sufficiently contiguous to be developable as one functional interrelated community; and
WHEREAS, the creation of the District is the best alternative available for delivering the community development services and facilities to the area that will be served by the District; and WHEREAS, the proposed services and facilities to be provided by the District will be compatible with the capacity and uses of existing local and regional community development
services and facilities; and

WHEREAS, the area that will be served by the District is amenable to separate special district government; and

Agenda Item No. 5(P)
Page 3

WHEREAS, the owner of the properties that are to be developed and served by the community development services and facilities to be provided by the District has submitted an executed Declaration of Restrictive Covenants pledging among other things to provide initial purchasers of individual residential lots or units with notice of liens and assessments applicable to such parcels, with certain remedial rights vesting in the purchasers of such parcels if such notice is not provided in a timely and accurate manner; and
WHEREAS, having made the foregoing findings, after a public hearing, the Board of County Commissioners wishes to exercise the powers bestowed upon it by section 1.01(A)(21) of the Miami-Dade County Home Rule Charter in the manner provided by chapter 190, Florida Statutes; and
WHEREAS, the Board of County Commissioners finds that the District shall have those general and special powers authorized by sections 190.011 and 190.012, Florida Statutes, and set forth herein, and that it is in the public interest of all of the citizens of Miami-Dade County that the District have such powers,
BE IT ORDAINED BY THE BOARD OF COUNTY COMMISSIONERS OF MIAMI-DADE COUNTY, FLORIDA:
Section 1.	The foregoing findings, which are expressly set forth herein, are hereby

adopted and made a part hereof.

Section 2.	The Petition to establish the District over the real property described in the

Petition attached hereto, which was filed by the Petitioner on May 23, 2022, and which Petition is on file at the Office of the Clerk of the Board, is hereby granted. A copy of the Petition is attached and incorporated herein as Exhibit A.

Agenda Item No. 5(P)
Page 4

Section 3.	The external boundaries of the District shall be as depicted in the certified

metes and bounds legal description attached hereto and incorporated herein as Exhibit B to the Ordinance. The external boundaries of the District shall be as depicted on the location map attached hereto and incorporated as Exhibit C.
Section 4.   The initial members of the Board of Supervisors shall be as follows:

Greg Meath Michael Caputo Candice Smith Jon Seifel Timothy Smith.
Section 5.	The name of the District shall be the “Antillia Community Development

District.”

Section 6.	The District is created for the purposes set forth in chapter 190, Florida

Statutes, pursuant to the authority granted by section 1.01(A)(21) of the Miami-Dade County Home Rule Charter.
Section 7.	Pursuant to section 190.005(2)(d), Florida Statutes, the charter for the

Antillia Community Development District shall be sections 190.006 through 190.041, Florida Statutes.
Section 8.	The Board of County Commissioners hereby grants to the District all

general powers authorized pursuant to section 190.011, Florida Statutes, and hereby finds that it is in the public interest of all citizens of Miami-Dade County to grant such general powers.

Agenda Item No. 5(P)
Page 5

Section 9.	The Board of County Commissioners hereby grants to the District the

special powers authorized pursuant to section 190.012(1), Florida Statutes, and sections 190.012(2)(a), (d) and (f) (except for powers regarding waste disposal), Florida Statutes, and section 190.012(3), Florida Statutes, and hereby finds that it is in the public interest of all citizens of Miami-Dade County to grant such special powers; provided that the District’s exercise of power under section 190.012(1)(b), Florida Statutes, pertaining to water, waste water and reuse water services shall be pursuant to that Declaration of Restrictive Covenants submitted to the Board of County Commissioners in connection with the Petition.
Section 10.  All bonds issued by the District pursuant to the powers granted by this

Ordinance shall be validated pursuant to chapter 75, Florida Statutes.

Section 11.	No bond, debt or other obligation of the District, nor any default thereon,

shall constitute a debt or obligation of Miami-Dade County, except upon the express approval and agreement of the Board of County Commissioners.
Section 12.	Notwithstanding any power granted to the District pursuant to this

Ordinance, neither the District nor any real or personal property or revenue in the District shall, solely by reason of the District’s creation and existence, be exempted from any requirement for the payment of any and all rates, fees, charges, permitting fees, impact fees, connection fees, or similar County rates, fees or charges, special taxing districts special assessments which are required by law, ordinance or County rule or regulation to be imposed within or upon any local government within the County.

Agenda Item No. 5(P)
Page 6

Section 13.	Notwithstanding any power granted to the District pursuant to this

Ordinance, the District may exercise the power of eminent domain outside the District’s existing boundaries only with the prior specific and express approval of the Board of County Commissioners.
Section 14.  This Board hereby accepts that Declaration of Restrictive Covenants

proffered by the owner of the lands within the jurisdiction of the District, in connection with the Petition submitted by the Petitioner and approved herein.
Section 15.	If any section, subsection, sentence, clause or provision of this Ordinance is

held invalid, the remainder of this Ordinance shall not be affected by such invalidity.

Section 16.	It is the intention of the Board of County Commissioners, and it is hereby

ordained that the provisions of this Ordinance shall be excluded from the Code of Miami-Dade County.
Section 17.	This Ordinance shall become effective ten (10) days after the date of

enactment unless vetoed by the Mayor, and if vetoed, shall become effective only upon an override by this Board.

PASSED AND ADOPTED:

Approved by County Attorney as to form and legal sufficiency:

Prepared by: Michael J. Mastrucci

________

________

September 1, 2022

"EXHIBIT A to the Ordinance"

PETITION TO CREATE ANTILLIA COMMUNITY DEVELOPMENT DISTRICT

Dated: MAY 23, 2022

PETITION TO ESTABLISH
ANTILLIA COMMUNITY DEVELOPMENT DISTRICT

October, 2021

PETITION TO ESTABLISH ANTILLIA COMMUNITY DEVELOPMENT DISTRICT

Petitioner, CRE-KL ANTILLIA OWNER, LLC, a Delaware limited liability company ("Petitioner"), petitions Miami-Dade County, Florida ("County"), pursuant to the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes and the Miami-Dade Home Rule Charter, to adopt an ordinance to establish a Community Development District (the "District") and to designate the land area for which the District would manage and finance basic services delivery and states as follows:
Petitioner and Authorized Agent: Petitioner is a Delaware limited liability company, which has principal offices at I 05 NE I st Street, Delray Beach, Florida 33444. Copies of all correspondence and official notices should also be sent to the authorized agent for Petitioner:
Dennis E. Lyles, Esq.
Billing, Cochran, Lyles, Mauro & Ramsey, P.A. 515 E. Las Olas Boulevard, Sixth Floor
Fort Lauderdale, Florida 33301
Phone: 954-764-7150 / Fax: 954-764-7279
Email: dlyles(@bclmr.com

District Location and Description: The land area to be included in the District comprises approximately 44.202+/- gross acres. A map showing the location of the land area to be included in the District is attached hereto as Exhibit 1. All of the land within the proposed District is located in Unincorporated Miami-Dade County, Florida. A metes and bounds legal description of the external boundaries of the District is attached hereto as Exhibit 2.
District Impact:	All property within the external boundaries of the District will

be part of the District. The impact of creating the District on the parcels adjacent to the District should be positive, in that the facilities provided by the District and maintenance of same should result in an aesthetically pleasing surrounding area with beneficial infrastructure while not

detrimentally affecting anyone outside the District. In addition, any potential establishment costs to Miami-Dade County, the establishing entity, will be nominal.
Property Owners Consent: Attached hereto as Exhibit 3 is documentation constituting written consent to the establishment of the District by the owners of the real property to be included in and serviced by the District.
Initial Governing Board: The five (5) persons designated to serve as the initial members of the board of supervisors of the District, who shall serve in that office until replaced by elected members, as provided in Section 190.006, Florida Statutes, are named in Exhibit 4 attached hereto.
District Name: The proposed name of the District 1s Antillia Community Development District.
Water and Sewer Lines: The major trunk water mains, sewer interceptors and outfalls currently in existence to serve the District are identified on Exhibit 5 attached hereto.
Timetables and Construction Costs: The proposed timetable and related estimates of cost to construct the District services and facilities, based upon available data, are attached hereto as Exhibits 6 and 7, respectively.
Petitioner intends that the District will finance (i) stormwater management system, (ii)
water distribution system, (iii) wastewater collection system and (iv) roadways. The stormwater management system and roadways will be owned and maintained by the District. The water distribution and the wastewater collection systems will be owned and maintained by Miami Dade County.
Zoning Designation; Future Land Use: The land within the District is currently zoned RU-3M in Miami-Dade County. The future land use map and zoning for the project within

2

the District is attached hereto as Composite Exhibit 8. The proposed residential land uses for the District are consistent with the Miami-Dade County Comprehensive Development Master Plan.
Statement of Estimated Regulatory Costs: The statement of estimated regulatory costs of the granting of this Petition and the establishment of the District pursuant thereto is attached hereto as Exhibit 9.
Rights to be Granted the District: Petitioner hereby requests that the District be
granted the right to exercise all powers provided for in Sections 190.012(1) and (2)(a) and (d), Florida Statutes.
Declaration of Restrictive Covenants: Attached hereto as Exhibit 10 is a copy of Declaration of Restrictive Covenants applicable to the residential portion of the subject property, which has been executed by the owner ofreal property.
Disclosure Requirements: Petitioner undertakes on behalf of the District that Petitioner and the District will provide full disclosure of information relating to the public financing and maintenance of improvements to real property to be undertaken by the District as required by Section 190.009, Florida Statutes, as amended and as required as a condition of the creation of the District by the Board of County Commissioners of Miami-Dade County.
Responsibility for Landscape Maintenance in the Public-Rights-of-Way: The maintenance of improved swales and medians in the public rights-of-way excluding swale maintenance by owners of property as defined by Chapter 19 of the Code of Miami-Dade County shall be provided by District, including but not limited to, irrigation, landscape lighting, payment of related utility bills, turf, trees, shrubs and any other landscaping improvements provided or caused by this development, covenants associated with landscaping permitting in the public rights­ of-way notwithstanding. In the event the District is dissolved or becomes defunct and fails to provide maintenance services within the public rights-of-way as specified herein, the required
3

dormant multipurpose maintenance special taxing district shall be activated to provide any such maintenance services.
Reasons for the Establishment of the District: The property within the District is amenable to operating as an independent special district for the following reasons:
Establishment of the District and all land uses and services planned within the proposed District are consistent with applicable elements or portions of the effective Miami­ Dade County Comprehensive Development Master Plan.
The area of land within the District is part of a unified plan of development.

The land encompassing the District is of sufficient size and is sufficiently compact and contiguous to be developed as one functional interrelated community.
The community development services of the District will be compatible with the capacity and use of the existing local and regional community development services and facilities.
The District will be the best alternative available for delivering community development services to the area to be served because the District provides a governmental entity for delivering those services and facilities in a manner that does not financially impact persons residing outside of the District.

WHEREFORE, Petitioner respectfully requests Miami-Dade County to:

Schedule a public hearing to consider this Petition pursuant to the uniform procedures set forth in Sections 190.005(2)(6) and (1)(d), Florida Statutes.
Grant the Petition and adopt an ordinance to establish the District and designate the land area to be serviced by the District, pursuant to Section 190.005(2), Florida Statutes.

4

Respectfully submitted this -3 day of	J.A,...-c	2022.

CRE-KL ANTILLIA OWNER. LLC, a Delaware
limited liability company

By:	CRE-KL RESI Holdco, LLC, a Delaware limited liability company, its Manager

By:	CRE-KL RESI JV, LLC, a Delaware limited liability company, its Manager

By:	KL RESI JV Member LLC, a Florida limited liability company, its Manager

By:	The Kolter Group, LLC, a Florida limited liability company, its Manager

By:

Bl\ro 

STATE OF FLORIDA		 ) COUNTY OF	'\=;eQCh	)
The foregoing instrument was acknowl ed before me by means of Nphysical presence or [ ] online notarization, this .5,_ day of LIJQCCh , 2022, by William Johnson, as Manager of The Kolter Group LLC, a Florida limited liability company, the Manager of KL RESI
JV Member LLC, a Florida limited liability company, the Manager ofCRE-KL RESI JV, LLC, a Delaware limited liability company, the Manager of CRE-KL RESI HOLDCO, LLC, a Delaware limited liability company, the Manager of CRE-KL ANTILLIA OWNER, LLC, a Delaware limited liability company, he is personally known to me	or produced 	 as
identification.		

N._......m...P.....u.�...m..  -�-c-----tA---.·a��------
Typed, printed or stamped name of Notary Public

EXHIBIT 1 LOCATION

HSQ GROUP, INC.
Engineors • Planners · SutWyOrS
5951 NarltMul:17:WDriw.k«e•
....,,.,flor'ct.33015  1&11.5.l4.W21
c:262 L.8197'	ANTILLIA
COMMUNITY DEVELOPMENT DISTRICT	
EXHIBIT 1	
	AREA LOCATION MAP		

EXHIBIT 2
METES AND BOUNDS DESCRIPTION

LEGAL DESCRIPTION
The SE\ of the SW\ Of the SE\ LESS the West and South 30 feet thereof
in	Section 25,	Township 57  South,  range 38 East, lying in Miami-Dade'
County, Florida.
AND

The West\ of	the	SE\  of	the	SE\	in	section-.t25,  Townspip  57 South,
Range 38 East, lying in	Miami-Dade County, Florida.	/
AND

The NE\ of the SW\ of the SE\ of Section 25, Township 57 South, Range 38 East, LESS the West 30 feet thereof, and the South\
of the SE\ of the NW\ of the SE\ of Section 25, Township 57 South,. Range 38 East, LESS the West 30 feet thereof, lying in Miami-Dade County, Florida.

county-Wide Land Surveyors, Inc.
15358 SW 140 St.
Miami, Fl., 33196

L. Martin

PSM	-4368	
State of Florida

EXHIBIT 3
AFFIDAVIT OF OWNERSHIP AND CONSENT

AFFIDAVIT OF OWNERSHIP AND CONSENT OF ANTILLIA COMMUNI1Y DEVELOPMENT DISTRICT
On this .3	day of M_..,J,.	, 2022, William Johnson, personally appeared before me, an officer duly authorized to administer oaths and take acknowledgements, who, after he being duly sworn,
deposes and says:

Affiant, is the Manager of CRE-KL ANTILLIA OWNER, LLC, a Delaware limited liability company (the "Company'').

The company is the owner of the following described property, to wit:

See Exhibit "A" attached hereto (the "Property)

Affiant hereby represents that he has full authority to execute all documents and instruments on behalf of the Company, including the Petition before the Board of County Commissioners of Miami-Dade County, Florida, to adopt an ordinance to Establish the Antillia Community Development District (the "Proposed COD").

The Property consists of all the real property to be included in the Proposed COD.

Affiant, on behalf of the Owner hereby consents to the establishment of the Proposed COD. IN WITNESS WHEREOF, I have hereunto set my hand this ,3 day of	 J,._	,2022.
CRE-KL ANTILLIA OWNER, LLC, a Delaware
limited liability company

By: CRE-KL RESI Holdco, LLC, a Delaware limited liability company, its Manager

By:	CRE-KL RESIN, LLC, a Delaware limited liability company, its Manager

By:	KL RESI N Member LLC, a Florida limited liability company, its Manager

By: The Kolter Group, LLC, a Florida limited liability company, its Manager

m

STATEOFFL A::e,zor-) COUNTY OF	U 1)

The foregoing instrument was acknoebged before me by means of M physical presence or [ ] online notarization, this.¢_ day of ffiQ{:	,2022, by William Jobnso{,"'as Manager of The Kolter
Group LLC, a Florida 1iID1ted liability company, the Manager of KL RESIN Member LLC, a Florida limited liability company, the Manager of CRE-KL RESIN, LLC, a Delaware limited liability company, the Manager ofCRE-KL RESI HOLDCO, LLC, a Delaware limited liability company, the Manager ofCRE-KL
ANTILLIA OWNER, LLC, a Delaware limited liability com	, he is perso	ly known to me )(J or
produced 	aisdentification.

Typed, printed or stamped name of Notary Public

Respectfully submitted this _g day of	µ_,_.,.et,	2022.

CRE-KL ANTILLIA OWNER LLC, a Delaware
limited liability company

By:	CRE-KL RESI Holdco, LLC, a Delaware limited liability company, its Manager

By:	CRE-KL RESIN, LLC, a Delaware limited liability company, its Manager

By:	KL RESI N Member LLC, a Florida limited liability company, its Manager

By:	The Kolter Group, LLC, a Florida limited liability company, its Manager
w�Jlfam�jo	�nag·er
By:

RlUn '.12leacn	)

STATE OF FLORIDA	) COUNTY OF

os:ch	,

The foregoing instrument was acknow ed before me by means of l)f physical presence or [ ] online notarization, this -5._ day of ill	2022, by William Johnson, as Manager of The Kolter Group LLC, a Florida limited liability company, the Manager of KL RESI
N Member LLC, a Florida limited liability company, the Manager of CRE-KL RESIN, LLC, a Delaware limited liability company, the Manager ofCRE-KL RESI HOLDCO, LLC, a Delaware limited liability company, the Manager of CRE-KL ANTILLIA OWNER LLC, a Delaware
limited liability company, he is personally known to me ,lXl or produced 	 as
identification.	  <-\H- - :::::::;,,o"'--------	

No	. Public	IlJr\l;<A\Ln
Typed, printed or stamped name of Notary Public

LEGAL DESCRIPTION
he SE\ of the SW\ of the SE\ LESS the West and South 30 feet thereof,
1n	Section 25, Township 57 South, range 38 East, lying in Miami-Dade County, Florida.
AND

The West of the SE\ of the SE\ in Section,i25, Townspip 57 South, Range 38 East, lying in Miami-Dade County, Florida.

AND

The NE\ of the SW\ of the SE\ of Section 25, Township 57 South,
Range 38 East, LESS the West 30 feet thereof, and the South
of the SE\ of the NW\ of the SE\ of Section 25, Township 57 South, Range 38 East, LESS the West 30 feet thereof, lying in Miami-Dade County, Florida.

county-Wide Land Surveyors, Inc.
15358 SW 140 St.

Miami, Fl., 33196

L. Martin
-4368

BY:

of Florida

EXHIBIT4

INITIAL MEMBERS OF THE DISTRICT BOARD OF SUPERVISORS

Greg Meath Michael Caputo Candice Smith Jon Seifel Timothy Smith

All of the initial members of the Board of Supervisors are residents of the State of Florida and citizens of the United States.

Greg Meath
Kolter Land Partners LLC
14025 Riveredge Drive, Suite 175
Tampa, Florida, 33637
Tel: 813-615-1244

Current Employment:		
Kolter Land Partners LLC		
Sr. VP Land Development	2013 - Present	
Real Estate Industry, Residential Development		
Meritus Corporation
Land Development Director	
2012-2013	
Real Estate Industry, Residential Acquisitions & Development		
Orsi Development		
General Manager	2010-2012	
Real Estate Industry, Property / Construction Management		
Taylor Morrison		
Land Development Director	2001 -2010	
Real Estate Industry, Residential Development		

Education:

AAS Degree-Architectural Technology

Michael Caputo Kolter Land Partners LLC 105 NE !51St
Delray Beach, Florida, 33444
Tel: 561-682-9500

Current Employment:		
Kolter Land Partners, LLC		
VP Land Acquisition & Development	2020 - Present	
Real Estate Industry, Residential Acquisitions & Development		
D.R. Horton, Inc. (NYSE: DHI)		
Division Land Acquisition Manager	2017 -2019	
Real Estate Industry, Residential Acquisitions & Development		
K. Hovnanian Homes (NYSE: HOV)		
Director of Land Acquisition	2014-2017	
Real Estate Industry, Residential Acquisitions & Development		
ELAD National Properties, LLC		
VP Acquisitions
Real Estate Industry, Residential & Commercial Acquisitions	2009-2013	
D.R. Horton, Inc. (NYSE: DHI)		
Land Acquisitions & Entitlements Project Manager	2005-2008	
Real Estate Industry, Residential Acquisitions & Development		

Education:

B.A. - Political Science, University of North Florida
M.B.A. - Business Administration, Nova Southeastern University

Candice Smith
Kolter Land Partners LLC 14025 Riveredge Dr., Suite 175
Tampa, FL 33637
Tel: 813-615-1244

Current Employment:
Kolter Land Partners LLC		
Land Development Manager
Real Estate Industry, Residential Acquisitions & Development	20 I 6 - Present	
Previous Employment:		
Taylor Morrison (NYSE: TMHC)		
Land Development Manager
Real Estate Industry, Residential Acquisitions & Development	2014-2016	
First Service Residential (NYSE: FSV)		
Regional Director, CAM	2012-2014	
Real Estate Industry, Residential Acquisitions & Development		
Bain Real Estate, Inc.		
Real Estate Broker and Community Association Manager	2007-2012	
Real Estate Industry, Residential & Property Management		
Centex Homes (NYSE:PHM)		
Land Entitlement Manager	2004-2007	
Land Acquisition and Development Assistant	2002-2004	
Real Estate IndustTy, Residential Acquisitions & Development		

Education:

B.S. - Legal Studies, Hodges University Real Estate Broker License
Community Association Manager

Jon Seifel
Kolter Land Partners LLC 105 NE l51 St
Delray Beach, Florida, 33444
Tel: 561-682-9500

Current Employment:

Kolter Land Partners, LLC
Land Development Manager
Real Estate Industry, Residential Acquisitions & Development

The Kolter Group
Project Accountant
Real Estate Industry, Residential Acquisitions & Development

2018 - Present

2014-2018

Education:

B.A. - Accounting, Palm Beach Atlantic University

Timothy Smith
Kolter Land Partners LLC 105 NE P1 Street
Delray Beach FL 33444

Current Employment
Kolter Land Partners LLC		
Sr. Land Development Manager	3/2021 - Present	
Residential Acquisitions & Development		
Previous Employment		
Lennar Homes, LLC		
Land Development Manager		
Residential Acquisitions & Development	7/2018 - 3/2021	
S. B. Conrad, Inc.		
Dir of Development		
Residential & Commercial Acquisitions & Development	5/2013 - 6/2018	
Baker Residential OF PA LLC	3/2005 - 4/2013	
Dir. Of Project Development		
Residential Acquisitions & Development		
Education:
Widener University - Civil Engineering		

COMPOSITE EXHIBIT 5

MAJOR TRUNK WATER MAINS, SEWER INTERCEPTORS AND OUTFALLS

HSQ GROUP, INC.
Engineers · PlanneB · Su�)'Ol'S
,OS1,_. 1T3":ll)l,,e,Sulllo•

.	,._flonidl.l3a.30m1S•7,Mllt.3121	ANTILLIA
COMMUNITY DEVELOPMENT DISTRICT	
EXHIBIT3	
	EXISTING UTILITY SERVICE MAP (WATER)		

HSQ GROUP, INC.
Enginoera · Planners · Surve)'O(S
5'1!51,.	ln:ICll!wa,SiAll<I
.	R:lr'oll9l301!5•7MU. I
C292St t.ar,N	ANTILLIA
COMMUNITY DEVELOPMENT DISTRICT	
EXHIBIT 4	
	EXISTING UTILITY SERVICE MAP (SEWER)		

EXHIBIT6

PROPOSED TIMETABLE FOR CONSTRUCTION OF DISTRICT IMPROVEMENTS

	Start Date	Completion Date	
Stormwater Management System	November, 2022	November, 2024	
Water Distribution System	November, 2022	November, 2024	
Wastewater Collection System	November, 2022	November, 2024	
Roadway Improvements	November, 2022	November, 2024	

EXHIBIT7

ESTIMATED COSTS OF DISTRICT IMPROVEMENTS

Costs:

Stormwater Management System	$ 1,733,850	
Water Distribution System	$ 1,430,500	
Wastewater Collection System	$ 2,743,460	
Roadway Improvements	$ 8,279,677	

Total Estimated Costs:	$14,187,487

EXHIBIT 8 FUTURE LAND USE

LOWDENSITY(LDR)
2.5 • 6 DU/AC.

LlS1RIAI..
&
FFICE

HSQ  GROUP, INC.
Engin" • P\annera · Surwyo,s
SMIN!wt-.lllf)rdl)to,,l.s...111•
.	Aaro0.)l01S•rM.$34.ll21
CQS& L.81"1'-	ANTILLIA
COMMUNITY DEVELOPMENT DISTRICT	
EXHIBIT2	
	FUTURE LAND USE MAP		

38

Approved: 		Mayor Veto: 	
Override: 	

RESOlUTIONNO. 2-25-20
WHEREAS, FIFTH AVENUE DEVELOPMENT, UC, ET AL, applied to the
Community Zoning Appeals Board 15 for the following:
DISTRICT BOUNDARY CHANGE from AU (Agricultural District) and RU-1 Z (Single­ Family Zero Lot Line Development Residential District) to RU-3M (Minimum Apartment House District).

DELETION of a Declaration of Restrictions recorded in Official Record Book 16461, Pages 1176 -1180.

The purpose of Request #2 is to permit the applicant to remove a declaration of restrictions that restricted the development of the property to the RU-1Z regulations.

SUBJECT PROPERTY: THE SE1/4 OF THE SW 1/4 OF THE SE 1/4 LESS THE WEST AND SOUTH 30 FEET THEREOF, IN SECTION 25,TOWNSHIP 57 SOUTH, RANGE 38 EAST, LYING IN MIAM DADE COUNTY, FL.

AND THE WEST 1/2 OF THE SE 1/4 OF THE SE ¼ IN SECTION 25, TOWNSHIP 57 SOUTH, RANGE 38 EAST, LYING IN MIAMI DADE COUNTY, FLORIDA.
AND THE NE 1/4 OF THE SW 1/4 OF THE SE 1/4 OF SECTION 25, TOWNSHIP 57 SOUTH, RANGE 38 EAST, LESS THE WEST 30 FEET THEREOF,AND THE SOUTH 1/2 OF THE SE 1/4 OF THE NW 1/4 OF THE SE 1/4 OF SECTION 25, TOWNSHIP 57 SOUTH, RANGE 38 EAST, LESS THE WEST 30 FEET THEREOF, LYING IN MIAMI-DADE COUNTY, FLORIDA
LOCATION: Lying at the northeast corner of SW 360 Street and SW 180 Avenue, Miami­ Dade County, Florida, and

WHEREAS, a public hearing of Community Zoning Appeals Board 15 was advertised and held, as required by law, and all interested parties concerned in the matter were given an opportunity to be heard, and upon due and proper consideration having been given to the matter it was the opinion of Community Zoning Appeals Board 15 that the requested DISTRICT BOUNDARY CHANGE from AU (Agricultural District) and R U-1Z (Single-Family Zero Lot Line Development Residential District) to RU-3M (Minimum Apartment House DistricO (Request #1) would not be compatible with the neighborhood and area concerned and would be in conflict with the principle and intent of the plan for the development of Miami-Dade County, Florida, and should be denied, and that the requested DELETION of a Declaration of Restrictions recorded in Official Record Book 16461, Pages 1176 -1180 (Request #2) would not be in harmony with the general purpose and intent of the regulations and would not conform with the requirements and intent of the Zoning Procedure Ordinance, and said application was denied without prejudice by Resolution No. CZAB15-1-19, and
57-38-25/18-009	Page 1	2-25-20

WHEREAS, FIFTHAVENUE DEVELOPMENT, UC,E.TALappealed the decision of Community Zoning Appeals Board 15 to the Board of County Commissioners for the following:
DISTRICT BOUNDARY CHANGE from AU (Agricultural District) and RU-1Z (Single­ Family Zero Lot Line Development Residential District) to RU-3M (Minimum Apartment House District).
DELETION of a Declaration of Restrictions recorded in Official Record Boak 1 6461, Pages 1176 -1180.

The purpose of Request #2 is to permit the applicant to remove a declaration ofrestricti ans that restricted the development of the property to the RU-1Z regulations.

SUBJECT PROPERTY: THE SE1/4 OF THE SW ¼ OF THE SE ¼ LESS THE WEST AND SOUTH 30 FEET THEREOF, IN SECTION 25, TOWNSHIP 57 SOUTH, RANGE 38 EAST, LYING IN MIAM DADE COUNTY, FL.

AND THE WEST½ OF THE SE¼ OF THE SE¼ IN SECTION 25, TOWNSHIP 57 SOUTH, RANGE 38 EAST, LYING IN MIAMI DADE COUNTY, FLORIDA.
AND THE NE¼ OF THE SW¼ OF THE SE¼ OF SECTION 25, TOWNSHIP 5 7 SOUTH, RANGE 38 EAST, LESS THE WEST 30 FEET THEREOF, AND THE SOUTH½ OF THE SE ¼ OF THE NW¼ OF THE SE ¼ OF SECTION 25, TOWNSHIP 57 SOUTH, RANGE 38 EAST, LESS THE WEST 30 FEET THEREOF, LYING IN MIAMI-DADE COUNTY, FLORIDA
LOCATION: Lying at the northeast corner of SW 360 Street and SW 180 Avenue, Miami­ Dade County, Florida, and

WHEREAS, a public hearing of the Board of County Commissioners was advertised and held, as required by the Zoning Procedure Ordinance, and all interested parties concerned in the matter were given an opportunity to be heard, and

WHEREAS, this Board has been advised that the subject application has been reviewed for compliance with concurrency requirements for levels of services and, at this stage of the request, the same was found to comply with the requirements, and

WHEREAS, after reviewing the record and decision of the Miami-Dade County Zoning Appeals Board 15 and after having given an opportunity for interested parties to be heard, it is the opinion of the Board of County Commissioners, Miami-Dade County, Florida, that that the grounds and reasons alleged by the appellants specified in the appeal were sufficient to merit a reversal of the ruling made by the Community Zoning Appeals Board in Resolution No. CZAB15-1-19 and that the appeal should be approved and the decision of Community Zoning Appeals Board 15 should be overruled, and
WHEREA upon due and proper consideration having been given to them atter, it is the opinion of this Board that the requested DISTRICT BOUNDARY CHANGE from AU
{Agricultural District) and RU-1Z (Single-Family Zero Lot Line Development Residential
District) to RU-3M (Minimum Apartment House District) (Request #1) would be consistent with the Comprehensive Development Master plan and would be compatible with the neighborhood and area concerned and would not be in conflict with the principle and intent of the plan for the development of Miami-Dade County, Florida, and should be
57-38-25/18-009	Page2	Z-25-20

approved, and the requested DELETION of a Declaration of Restrictions recorded in Official Record Book 16461, Pages 11 76 -1180 (Request #2) would be in harmony with the general purpose and intent of the regulations and would confirm with the requirements and intent of the Zoning Procedure Ordinance and would be consistent with the Comprehensive Development Master Plan, and

WHEREAS, a motion to grant the appeal and overrule the decision of Community Zoning Appeals Board 15, and approve the application (Requests #1 and 4/:2) was offered by Commissioner Kionne L. McGhee, seconded by Commissioner Jose "Pepe", and upon a poll of the members present the vote was as follows:

Jose "Pepe" Diaz Sen. Rene Garcia Oliver G. Gilbert Keon Hardemon Sally A. Heyman
Danielle Cohen Higgins

aye absent aye aye absent aye

Eileen Higgins Joe A. Martinez
Kionne L. McGhee Jean Monestime Raquel A. Regalado Se. Javier D. Souto

aye absent aye aye aye aye

Rebecca Sosa aye
NOW THEREFORE BE IT RESOLVED by the Board of County Commissioners, Miami-Dade County, Florida, that the appeal be and the same is hereby approved and the decision of Community Zoning Appeals Board 15 is overruled.
BE IT FURTHER RESOLVEDthat Resolution No. CZAB15-1-19 is hereby null and
void.
BE IT FURTHER RESOLVEDthat the requested DISTRICT BOU ND ARY CHANGE
from AU (Agricultural District) and RU-1Z (Single-Family Zero Lot Line Development Residential District) to RU-3M (Minimum Apartment House District) (Request #1), and the requested DELETION of a Declaration of Restrictions recorded in Official Record Book 16461, Pages 1176 -1180 (Request #2) be and the same are hereby approved, subject to the following conditions:

That a site plan be submitted to and meet with the approval of the Director of the Department of Regulatory and Economic Resources upon the submittal of an application for a building permit and/or Certificate of Use; said plan must include among other things but not be limited to, location of structure or structures, exits and entrances, drainage, walls, fences, landscaping, etc.
That the applicant complies with all of the applicable conditions, requirements, recommendations, requests and other provisions of the Division of Environmental Resource Management of the Department of Regulatory and Economic Resources as contained in their memorandum dated September 24, 2018, that is incorporated herein by reference.

That the applicant complies with all of the applicable conditions, requirements, recommendations, requests and other provisions of the Traffic Engineering Division (TED) of the Department of Transportation and Public Works (DTPW) as contained in their memorandum dated September 19, 2018, that is incorporated herein by reference.

57-38-25/18-009	Page3	Z-25-20

That the applicant complies with all of the applicable conditions, requirements, recommendations, requests and other provisions of the Miami-Dade Fire Rescue Department (MDFRD) as contained in their memorandum dated January 21, 201 81 that is incorporated herein by reference.

That the applicant complies with all of the applicable conditions, requirements, recommendations, requests and other provisions of the Miami-Dade Water and Sewer Department (M-DWASD) as contained in their memorandum dated April 10, 2018, that is incorporated herein by reference.

BE IT FURTHER RESOLVED, notice is hereby given to the applicant that the request herein constitutes an initial development order and does not constitute a final development order and that one, or more, concurrency determinations will subsequently be required before development will be permitted.
The Director is hereby authorized to make the necessary notations upon the records of the Miami-Dade County Department of Regulatory and Economic Resources in accordance with this resolution.

THISRESOLUTIONHASBEENDU1YPASSEDANDADOP7FDthis 17th day of
December, 2020, and shall become effediveten (lO)days after the date of its adoption unless vetoed by the Mayor, and if-vetoed, shall become effective onlyupon an overricfe by this Board.

jr

HAR.VEY R.UVrN, Clerk
13 oard of County Commissioners
Miami-Dade COLmf:y, Fforida

.By

MELISSA ADAMES
Deputy Clede

TH IS RESOlUTION WAS TRANSMlmD TO THE CLERKOF THE BOARD OF COUNTY COMMISSIONERS ON TH}: 3R0DAY OF MARCH, 2021.

57-38-25/18-009	Page4	Z-25-20

MIAMI··	

k •I•l it•iiiill'

Department of Regulatory and Economic Resources
Development Services Division 111 NW 1st Street • Suite 1110 Miami, Florida 33128-1902
T 305-375-2640
www.miamidade.gov/economy

March 3, 2021

Fifth Avenue Development, LLC c/o Graham Penn
200 S. Biscayne Blvd., Suite 850
Miami, FL 33131

Re:	Hearing No.18-009
Locallon Lying at thenortheastcornerofSW 360 Street and SW 180 Avenue, Miami-Dade County, Florida
Dear Applicant:
Enclosed herewith Is Resolullon No. Z-25-20, adopted by the by the Board of County Commissioners which approvoo your appeal and reversed the decision of Community Zoning Appeal Board 15 on the above described property. Please note the conditions under which said approval was granted, Inasmuch as strict compliance therewith will be required. Failure to comply with stipulated conditions, If any, will result In the Immediate Issuance of a civil violation notice for each condition violated. Each notice Issued may require payment of a dally monetary fine.

If stipulated In the resolullon that building permits and/or use, occupancy orcomplellon certifies will berequired, please note that permits must be obtained and final Inspection approvals received for construction work done or requlroo prior to Issuance of the applicable cerllfles(s) pursuant to Section 33-Softhe Zoning Code. Payment ofcerllflcates may be subject to annual renewal by this Department. Appllcallon for required permits and/or certificates may be subject b annual renewal by this Department. Application for required permits and/of certificates related to use, occupancy or completion should be made with this Department as appropriate. At time ofpermltappllcatlon you must provide a copy of thIs resolution.

If there are anticipated changes from any plan submllted for the hearing, a plot use plan Is to be submitted to this Department In triplicate before any detailed plans are prepared, In as much as building permits will not be Issued prior to the approval of said plan.

The Board's decision may be appealed by an aggrieved party lo Circuit Court within 30 days of the date of transmlllal oflhe resolullon to the Clerk of the Count Commission. Thetransmlttal date Is March 3, 2021. In the event an appeal Is flied, any building permit sought shall be at the risk of the party seeking said permit. Coples of any court filings concerning this matter should be served upon both my office and:

Abigail Price-WIiiiams, County Attorney
111 N.W. 111 Street, Suite 2811 Miami, Florlda33128-1993
The County Attorney Is not permitted to accept official service of process.

Sincerely,

Jose Rivero Deputy Clerk
Enclosure

STATE OF FLORIDA COUNTY OF MIAMI-DADE

l, Jose Rivero, as Deputy Clerk for the Miami-Dade County Department of Regulatory and Economic Resources as designated by the Director of the Miami-Dade County Department of Regulatory and Economic Resources and Ex-Officio Secretary of the Board of County Commissioners of said County, DO HEREBY CERTIFY that the above and fo regO'i n g is a true and correct copy of Resolution No. Z-25-20 adopted by said Board of County Commissioners at its meeting held on the 17th day of December, 2020.
IN WITNESS WHEREOF, I have hereunto set my hand and official seal on this the 3rd day of March, 2021.

Jose Rivero, Deputy Clerk (35486)
Miami-Dade County Department of Regulatory and Economic Resources

EXHIBIT9

STATEMENT OF ESTIMATED REGULATORY COSTS

STATEMENT OF ESTIMATED REGULATORY COSTS
Antillia Community Development District

Introduction

Purpose

This statement of estimated regulatory costs ("SERC") supports the petition to form the Antillia Community Development District ("District" or "CDD") and other affiliated and participating companies ("Petitioner") that are planning a 44.202+/­ acre residential community ("Project"), located on the northeast comer of SW 360 Street and SW 180 Avenue, unincorporated Miami-Dade County ("County") Florida.

The District will provide community infrastructure that will serve all the land in the proposed District. The District plans to provide community infrastructure including, but not necessarily limited to, stormwater management system, water distribution system, wastewater collection system, and roadway improvements (the "Infrastructure"). The District plans to finance the Infrastructure by issuing bonds ("Bonds") secured by, among other things, proceeds of non-ad valorem special assessments (the "Assessments") levied on land within the District that will specially benefit from the Infrastructure all as discussed more fully below.

Scope of the Analysis

The limitations on the scope of this SERC are explicitly set out in Section 190.002(2) (d), Fla.Stat. (governing District formation or alteration) as follows:

"That the process of establishing such a district pursuant to uniform general law shall be fair and based only on factors material to managing and financing the service delivery function of the district, so that any matter concerning permitting or planning of the development is not material or relevant (emphasis added)."

As noted above, the proposed District will provide Infrastructure and related services with operation and maintenance, to the 44.202+/- acres comprising the Project. The current development plan for the land contained in the District is for 562 townhomes. These plans are subject to change as market conditions may dictate in the future.

Requirements for Statement of Estimated Regulatory Costs.

Section 120.541(2), F.S., defines the elements a statement of estimated regulatory costs must contain:

An economic analysis showing whether the rule directly or indirectly:

Is likely to have an adverse impact on economic growth, private sector job creation or employment, or private sector investment in excess of $1 million in the aggregate within 5 years after the implementation of the rule;

Is likely to have an adverse impact on business competitiveness, including the ability of persons doing business in the state to compete with persons doing business in other states or domestic markets, productivity, or innovation in excess of $1 million in the aggregate within 5 years after implementation of the rule; or

Is likely to increase regulatory costs, including any transactional costs, in excess of$ 1 million in the aggregate within 5 years after the implementation of the rule.

A good faith estimate of the number of individuals and entities likely to be required to comply with the rule, together with a general description of the types of individuals likely to be affected by the rule.

A good faith estimate of the cost to the agency, and to any other state and local government entities, of implementing and enforcing the proposed rule, and any anticipated effect on state or local revenues.

A good faith estimate of the transactional costs likely to be incurred by individuals and entities, including local governmental entities, required to comply with the requirements of the rule. As used in this section, "transactional costs" are direct costs that are readily ascertainable based upon standard business practices, and include filing fees, the cost of obtaining a license, the cost of equipment required to be installed or used or procedures required to be employed in complying with the rule, additional operating costs incurred, the cost of monitoring and reporting, and any other costs necessary to comply with the rule.

An analysis of the impact on small businesses as defined by Section 288.703, F.S., and an analysis of the impact on small counties and small cities as defined in Section 120.52, Fla.Stat. The impact analysis for small businesses must include the basis for the agency's decision not to implement alternatives that would reduce adverse impacts on small businesses.

(t) Any additional information that the agency determines may be useful.

(g) In the statement or revised statement, whichever applies, a description of any regulatory alternatives submitted under paragraph (1) (a)[of Section 120.541, Fla. Stat.] and a statement adopting the alternative or a statement of the reasons for rejecting the alternative in favor of the proposed rule.
2.0  (a) An economic analysis showing whether the rule directly or indirectly is likely to (1) have an adverse impact on economic growth, private sector job creation or employment, or private sector investment in excess of $1 million in the aggregate within 5 years after the implementation of the rule; (2) have an adverse impact on business competitiveness, including the ability of persons doing business in the state to compete with persons doing business in other states or domestic markets, productivity, or innovation in excess of$1 million

in the aggregate within 5 years after implementation of the rule; or (3) increase regulatory costs, including any transactional costs, in excess of $1 million in the aggregate within 5 years after the implementation of the rule.

It is unlikely the establishment/creation of the District will meet any of the triggers in Section 120.541(2)(a), Fla. Stat. The basis for this determination is provided in the discussions in Section 3.0 through Section 6.0 herein.

A good faith estimate of the number of individuals and entities likely to be required to comply with the rule, together with a general description of the types of individuals likely to be affected by the rule.

As noted above, the proposed District will provide Infrastructure and related services to the 44.202+/- acres of land planned for the Project. All of the ultimate property owners in the District will be required to comply with District rules and their properties will be encumbered with District obligations to pay for Infrastructure and operation and maintenance expenses incurred by the District. Based on the current development program the following entities and individuals would be affected by the formation of the District: the owners and occupants of the residential units within the District.

Good faith estimate of the cost to the agency, and to any other state and local government entities, of implementing and enforcing the proposed rule, and any anticipated effect on state or local revenues.

Costs to Governmental Entities of Implementing and Enforcing Rule

State Governmental Entities

The cost to State entities to review or enforce the proposed rule will be very modest. The District comprises less than 2,500 acres. Therefore, the County will review and act upon the petition to establish the District.

There are minimal additional ongoing costs to various State entities to implement and enforce the proposed rule. The District is a special purpose unit of local government, and it is required to file various reports to the State of Florida, the Department of Economic Opportunity and other agencies of the State. The filing requirements are outlined in Appendix A. However, the additional costs to the State and its various departments to process the additional filings from the District are very low, since the State routinely processes filings from over 500 similar districts. Finally, the filing fees paid by the District are designed to offset any additional costs to the State.

Miami-Dade County

This petition to establish the District will require the County to review the petition and its supporting exhibits. In addition, the County will hold public hearings to

discuss the petition and to take public input. These activities will absorb staff time and time of the County Commission. The boundaries of the District are located within unincorporated Miami-Dade County.

However, the costs of these activities are very modest at most for the following reasons. First, the review of this petition to form the District does not include an analysis of the Project itself. In fact, such a review of the Project is prohibited by statute. Second, the petition contains all of the information necessary for its review. Third, the County already has all of the staff necessary to review the petition. Fourth, no capital costs are involved in the review. Fifth, the County routinely processes similar petitions for land use and zoning changes that are far more complicated than this petition to form the District. Finally, Petitioner will pay all statutorily prescribed filing fees.

The County will incur only a small additional annual cost if this petition is approved. The proposed District is an independent unit of local government, so the District is responsible for its own budget, reporting, and the full conduct of its powers within its boundaries. The District will provide the County with its budget each year, but no County action is required.

Impact on State or Local Revenues

Adoption of the proposed rule will have no negative impact on State or local revenues. The District is an independent unit of local government. It is designed to provide community facilities and services to serve the development. It has its own sources of revenue. No State or local subsidies are required or expected.

In this regard it is important to note that any debt obligations incurred by the District to construct its infrastructure, or for any other reason, are not debts of the State of Florida or any other unit of local government except the District. By State law, debts of the District are strictly its own responsibility.

A good faith estimate of the transactional costs likely to be incurred by individuals and entities required to comply with the requirements of the rule

The District will provide Infrastructure and related services to the land in the District, as outlined in Table I below. The District will fund, own, operate and maintain the stormwater management system and roadway improvements. The District will also fund the water distribution system and wastewater collection system which will be owned and operated by the County.

Table 1. Proposed Facilities and Services

Facility	Funded By	O&MBy	Ownership	
Stormwater Management System	District	District	District	
Water Distribution System	District	County	County	
Wastewater Collection System	District	County	County	
Roadway Improvements	District	District	District	

Petitioner has estimated the costs for providing the Improvements as outlined in Table I, and such costs are shown in Table 2. Total costs for this Infrastructure are estimated to be approximately $14,187,487. To fund this construction program, in whole or in part, the District may issue Bonds, which will be repaid through non­ ad valorem assessments levied on all lands in the District that benefit from the District's Infrastructure and related services as outlined in Table 1.

Table 2. Summary of Estimated Capital Costs

Infrastructure	Total	
Stormwater Management System	$1,733,850	
Water Distribution System	$1,430,500	
Wastewater Collection System	$2,743,460	
Roadway Improvements	$ 8,279,677	
		
Total	$14,187,487	

Prospective future landowners in the District may be required to pay non-ad valorem assessments levied by the District to secure the debt incurred through Bonds. In addition to the levy of non-ad valorem assessments for debt service, the District may also impose a non-ad valorem assessment to fund the operations and maintenance of the District and its facilities and services.

It is important to note that the various costs outlined in Table 2 are typical for developments of the type contemplated here. In other words, there is nothing peculiar about the District's financing that requires additional infrastructure over and above what would normally be needed. Therefore, these costs are not in addition to normal development costs. Instead, the facilities and services provided by the District are substituting in part for developer-provided infrastructure and facilities. Along these same lines, District-imposed assessments for operations and maintenance costs are similar to what would be charged in any event by a property owners' association common to most master-planned developments.

Real estate markets are quite efficient, because buyers and renters evaluate all of the costs and benefits associated with various alternative locations. Therefore, market forces preclude developers from marking up the prices of their products beyond what the competition allows. To remain competitive the operations and maintenance charges must also be in line with the competition.

Furthermore, locating in the District by new landowners is completely voluntary. So, ultimately, all owners and users of the affected property choose to accept the District's costs in tradeoff for the benefits that the District provides.

The District is an alternative means to finance necessary community services. District financing is no more expensive, and often less expensive, than the alternatives of a municipal service taxing unit (MSTU), a neighborhood association, or through developer bank loans.

An analysis of the impact on small businesses as defined by Section 288.703, F.S., and an analysis of the impact on small counties and small cities as defined in Section 120.52, F.S.
There will be no impact on small businesses because of the formation of the proposed District. If anything, the impact may be positive. This is because the District must competitively bid certain of its contracts. This affords small businesses the opportunity to bid on District work.

The development is located in unincorporated Miami-Dade County. As of the Census date, the 2020 Census, the County has a population in excess of 75,000 people. Therefore, the proposed District is not located in a County defined as a "small county", according to Section 120.52, Fla. Stat..

Any additional useful information.

The analysis provided above is based on a straightforward application of economic theory, especially as it relates to tracking the incidence of regulatory costs and benefits. Inputs were received from Petitioner's Engineer and other professionals associated with Petitioner.

Finally, it is useful to reflect upon the question of whether the proposed formation of the District is the best alternative to provide community facilities and services to the Project. As an alternative to the District, the County could approve a dependent special district for the area, such as a special taxing district under Chapter 189, F.S. This alternative could finance the improvements contemplated in Table 1 in a fashion similar to the proposed District.

However, this alternative is inferior to the District. Unlike the District, the alternative would require the County to continue to administer the Project and its facilities and services. As a result, the costs for these services and facilities would not be sequestered to the land directly benefiting from them, as the case would be with the District.

A District also is preferable from a government accountability perspective. With a District as proposed, landowners and renters in the District would have a focused unit of government under their direct control. The District can then be more responsive to landowner needs without disrupting other County responsibilities.

Another alternative to the District would be for the developer to provide the Infrastructure and to use a property owners association ("POA'') for operation and maintenance of community facilities and services. A District is superior to a POA for a variety of reasons. First, unlike a POA, a District can impose and collect its assessments along with other property taxes. Therefore, the District is far more assured of obtaining its needed funds than is a POA. Second, the proposed District is a unit of local government. Therefore, unlike the POA the District must abide by all governmental rules and regulations.

APPENDIX A
LIST OF REPORTING REQUIREMENTS

FLORIDA STATUTES
REPORT	CITE	DATE	

Annual Financial Audit	
11.45	
12 months after end of fiscal	
		year	
Annual Financial Report	218.32	within 45 days of financial	
		audit completion, but no later than 9 months after end of fiscal year	
TRIM Compliance Report	200.068	30 days after adoption of assessment resolution	
Form I - Limited Financial Disclosure	112.3144	by July 1	
Public Depositor Report	280.17	by November 30	
Proposed Budget	190.008	sixty (60) days prior to adoption of final budget	
Public Meetings Schedule	189.015	quarterly, semiannually, or annually	
Bond Report	218.38	When issued	

EXHIBIT 10

DECLARATION OF RESTRICTIVE COVENANTS

This instrument was prepared by:	
Name: Address:	Ginger E. Wald
Billing, Cochran,Lyles, Mauro & Ramsey,P.A. 515 East Las Olas Boulevard, Sixth Floor
Fort Lauderdale,Florida 33301	

(Space Reserved for Clerk)	

DECLARATION OF RESTRICTIVE COVENANTS

WHEREAS, the undersigned Owner holds the fee simple title to the land described in

the attached Exhibit A (the "Property"), located in Miami-Dade County, Florida (the "County"); and
WHEREAS, Owner desires to provide certain covenants to the County Board of County

Commissioners (the "Board") in support of a Petition (the "Petition") for creation of the Antillia Community Development District (the "District") filed 	, and approved
pursuant to Ordinance No. 	enacted by the Board on	(the "Ordinance"),

in accordance with the requirements of Chapter 190, Florida Statutes, and Section 1.0I(A)(21) of the County Home Rule Charter; and
WHEREAS, among those covenants are provisions for the timely, accurate, and enforceable disclosure, to all prospective initial purchasers who have entered or will enter into contracts for improved residential units within the Property (each a "Prospective Initial
Purchaser"), of the obligation to pay to the District: (1) the pro-rata share for each Dwelling Unit (defined below) of the cost of the acquisition, construction, reconstruction, and equipping of certain public infrastructure which benefit the Property either as a one-time assessment at the time of closing or as an annual assessment based on the debt service on bonds to be issued by the

District to finance such capital costs until such bonds are retired  (collectively, "Capital

Assessments"), and (2) the costs associated  with (i) operations of the District including

administration ("Operations Assessments") and (ii) maintenance of public infrastructure by the

District ("Infrastructure Maintenance Assessments"); Operations and Infrastructure Maintenance

Assessments are hereinafter collectively referred to as ("Administrative Assessments"); and

WHEREAS, other covenants made by Owner include provisions for the long-term maintenance of infrastructure serving the Property including, but not limited to, roadways, drainage, and landscaping; and
WHEREAS, such covenants of Owner are made in order to assure the Board that the representations made by Owner in support of the Petition will be abided by,
NOW, THEREFORE, Owner freely, voluntarily, and without duress, and on behalf of its heirs, successors, and assigns, makes the following Declaration of Restrictive Covenants
covering and running with the Property (this "Declaration"):

COVENANTS.

Public Records Notice of Existence of District

This Declaration shall serve as notice in the public records of the County that unless the District is terminated in accordance with the requirements of Chapter 190, Florida Statutes, and such termination is reflected in the public records of the County, the Property and all lands, parcels, lots, and units located within the District's boundaries are subject to the Capital Assessments and Administrative Assessments levied and imposed by the District, subject only to the exceptions or exemptions from such assessments expressly provided by Florida law.

CDD and Purchase Contract Notices

Owner shall be required to provide to each Prospective Initial Purchaser of an improved individual residential lot or unit within the Property (individually, a
"Dwelling Unit") written notice of the estimated annual Capital Assessments and Administrative

Assessments (the "CDD Notice") to be imposed on such individual Dwelling substantially in the

form attached hereto as Exhibit B prior to, or contemporaneously with, the execution of a

purchase and sale contract ("Purchase Contract") for such Dwelling Unit. For the purposes of

this Declaration, the term "Owner" means each seller of Dwelling Units within the Property. Notwithstanding the foregoing, if a Prospective Initial Purchaser executed a Purchase Contract
before the effective date (10 days after enactment) of the Ordinance (the "Effective Date of the

Ordinance") but was not given a contemporaneous CDD Notice, Owner may still give the CDD Notice to such Prospective Initial Purchaser; provided, however, such CDD notice must be given together with the following written notice and must be sent to such Prospective Purchaser by certified mail, professional overnight delivery or hand delivery, with return receipt, not later than the first business day following the Effective Date of the Ordinance:
THE DWELLING UNIT YOU ARE PURCHASING IS SUBJECT TO A COMMUNITY DEVELOPMENT DISTRICT AND A RELATED DECLARATION OF RESTRICTIVE COVENANTS WHICH REQUIRES THAT CERTAIN NOTICES BE GIVEN TO PURCHASERS BY OWNER. THIS NOTICE AND THE ATTACHED CDD NOTICE ARE BEING GIVEN TO YOU PURSUANT TO SUCH DECLARATION. PLEASE NOTE THAT THE DISTRICT PLANS TO ISSUE OR HAS ISSUED BONDS THAT WILL HAVE PRINCIPAL AND INTEREST PAYMENTS APPLICABLE TO THIS DWELLING UNIT OVER A PERIOD OF UP TO THIRTY (30) YEARS TO FUND CONSTRUCTION OF INFRASTRUCTURE SERVING THE PROPERTY IN THE ESTIMATED AGGREGATE AMOUNT OF $42,600 FOR A TOWNHOME UNIT. THIS DWELLING UNIT SHALL BE ASSESSED AN ESTIMATED CAPITAL ASSESSMENT OF $27,833 FOR A TOWNHOME UNIT, IF PAID IN FULL AT CLOSING OR AN ESTIMATED ANNUAL CAPITAL ASSESSMENT OF $1,420 FOR A TOWNHOME UNIT FOR ITS PROPORTIONATE SHARE OF DEBT SERVICE ON THE BONDS UNTIL SUCH BONDS ARE PAID IN FULL. WHETHER THE CAPITAL ASSESSMENT IS PAID ONE TIME AT CLOSING OR IN ANNUAL INSTALLMENTS IS AT THE OPTION OF THE PURCHASER TO BE

EXERCISED AT THE TIME OF CLOSING. THE ATTACHED NOTICE FULLY DESCRIBES YOUR OBLIGATIONS. YOU MAY ELECT TO RESCIND THE PURCHASE CONTRACT FOR A PERIOD OF THIRTY (30) DAYS FOLLOWING RECEIPT OF THIS NOTICE. UPON SUCH ELECTION, OWNER SHALL RETURN ALL MONIES PAID BY YOU AS THE PROSPECTIVE INITIAL PURCHASER REGARDING THE PURCHASE OF THE REAL PROPERTY IDENTIFIED IN THE PURCHASE CONTRACT WITHIN TEN (10) CALENDAR DAYS AFTER RECEIVING YOUR WRITTEN NOTICE THAT YOU HAVE ELECTED TO RESCIND THE PURCHASE CONTRACT, AND ALL OTHER PROVISIONS OF THE DECLARATION OF RESTRICTIVE COVENANTS NOT INCONSISTENT WITH THE REMEDIES SET FORTH HEREIN SHALL GOVERN. NO OTHER REMEDIES ARE AVAILABLE TO PURCHASER WHETHER OR NOT YOU ELECT TO RESCIND EXCEPT IN THE EVENT OF AN OWNER DEFAULT WITH RESPECT TO THE CDD NOTICE AND THEN ONLY IN ACCORDANCE WITH THE DECLARATION.

Owner shall promptly refund any amounts due under the foregoing notice if a Prospective Initial Purchaser properly rescinds a Purchase Contract during the time provided. No other remedies provided in Section 1.4 shall be available to a Prospective Initial Purchaser who terminates a Purchase Contract pursuant to the foregoing notice.
Owner shall also provide substantially the following disclosure

("Purchase Contract Notice") on the first page of each Purchase Contract executed after the Effective Date of the Ordinance for a Dwelling Unit within the Property, immediately after disclosure of the purchase price forthe Dwelling Unit:
THIS DWELLING UNIT IS WITHIN A COMMUNITY DEVELOPMENT
DISTRICT ("DISTRICT"). THE DISTRICT PLANS TO ISSUE OR HAS ISSUED BONDS THAT WILL HAVE PRINCIPAL AND INTEREST PAYMENTS APPLICABLE TO THIS DWELLING UNIT OVER A PERIOD OF UP TO THIRTY (30) YEARS TO FUND CONSTRUCTION OF INFRASTRUCTURE SERVING THE PROPERTY IN THE ESTIMATED AGGREGATE AMOUNT OF $42,600 FOR A TOWNHOME UNIT. THIS DWELLING UNIT SHALL BE ASSESSED AN ESTIMATED CAPITAL ASSESSMENT OF $27,833 FOR TOWNHOME UNIT, IF PAID IN FULL AT CLOSING OR AN ESTIMATED ANNUAL CAPITAL ASSESSMENT OF
$1,420 FOR A TOWNHOME UNIT FOR ITS PROPORTIONATE SHARE OF DEBT SERVICE ON THE BONDS UNTIL SUCH BONDS ARE PAID IN FULL. WHETHER THE CAPITAL ASSESSMENT IS PAID ONE TIME AT CLOSING OR IN ANNUAL INSTALLMENTS IS AT THE OPTION OF THE PURCHASER TO BE EXERCISED AT THE TIME OF CLOSING. THESE AMOUNTS ARE DUE OVER THE TERM OF THE BONDS IN ADDITION TO THE PURCHASE PRICE. INITIAL PURCHASER ALSO UNDERSTANDS THAT IF THE ACTUAL ANNUAL CAPITAL ASSESSMENTS ON THE DWELLING UNIT ARE MORE THAN FIVE

PERCENT (5%) HIGHER THAN THE ESTIMATED AMOUNT PROVIDED HEREIN, INITIAL PURCHASER SHALL HAVE THE RIGHT TO RESCIND THIS AGREEMENT AT ANY TIME PRIOR TO CLOSING. INITIAL PURCHASER FURTHER ACKNOWLEDGES AND AGREES THAT THE ESTIMATED AMOUNT OF CAPITAL ASSESSMENTS DOES NOT INCLUDE ADMINISTRATIVE ASSESSMENTS WHICH SHALL BE LEVIED BY THE DISTRICT FOR OPERATIONS AND INFRASTRUCTURE MAINTENANCE AND MAY VARY FROM YEAR TO YEAR AND FROM TIME TO TIME. IN THE EVENT OF ANY CONFLICT BETWEEN THE DISCLOSURES IN THIS PROVISION AND THE ATTACHED CDD NOTICE, THE COD NOTICE SHALL CONTROL.

PURCHASER'S INITIALS:

Owner shall cause each Prospective Initial Purchaser to initial the Purchaser Contract Notice where indicated.
Relief to Prospective Initial Purchaser for Owner Default.

Owner shall provide relief, in the manner provided by this Section

1.3 to any Prospective Initial Purchaser who has not yet closed on a Dwelling Unit if any one of

the following events shall occur (an "Owner Default"):

1.3. l. l. Owner fails to provide a timely CDD Notice or Purchase Contract Notice as required; and/or
Owner provides a timely CDD Notice; however, such CDD Notice underestimates the aggregate or monthly actual Administrative Assessments for the District's first three fiscal years by more than five percent (5%); and/or
Owner provides a timely CDD Notice and/or Purchase Contract; however, such CDD Notice and/or Purchase Contract Notice underestimates the actual Capital Assessment, if paid in full at closing, by more than five percent (5%) and/or monthly actual Annual Capital Assessments by more than five percent (5%).

In the event of any Owner Default that is not cured by a timely Late Notice (as hereinafter defined), a Prospective Initial Purchaser may, in writing (a
"Termination Notice"), elect to rescind the Purchase Contract at any time prior to closing. Upon such election, Owner shall return all monies paid by the Prospective Initial Purchaser regarding the purchase of the real property identified in the Purchase Contract within ten (10) calendar days after receiving written notice from the Prospective Initial Purchaser that such Prospective Initial Purchaser has elected to rescind the Purchase Contract. No other remedies provided in Section 1.4 shall be available to a Prospective Initial Purchaser who terminates a Purchase Contract pursuant to this provision.
Prior to the receipt of a Termination Notice from a Prospective Initial Purchaser affected by an Owner Default, Owner shall have an opportunity to cure any
Owner Default by providing a written notice (a "Late Notice") to such affected Prospective Initial Purchaser (i) prior to closing and (ii) within the later of ninety (90) days from (x) the date of execution of the Purchase Contract or (y) the Effective Date of the Ordinance (the "Cure
Period"). If the Owner Default set forth in Section 1.3.1.3 is due solely to a fluctuation of interest rates on the bonds once the pricing of the bonds is completed, Owner shall have the opportunity to cure such Owner Default by providing a written notice setting forth the new
annual Capital Assessments to such affected Prospective Initial Purchaser (the "Extended Late

Notice") no later than the earlier of (i) the closing date of the Dwelling Unit or (ii) ninety (90)

days from the pricing of the bonds (the "Extended Cure Period"). An Owner Default cannot be cured as to an affected Prospective Initial Purchaser after the expiration of the applicable Cure Period or applicable Extended Cure Period. If Owner provides (i) a Late Notice to a Prospective Initial Purchaser during the applicable Cure Period or (ii) an Extended Late Notice during

applicable Extended Cure Period, then such Prospective Initial Purchaser may still elect to rescind the Purchase Contract at anytime for a period of thirty (30) days following receipt of Late Notice or Extended Late Notice. Upon such election, Owner shall return all monies paid by the Prospective Initial Purchaser regarding the purchase of the real property identified in the Purchase Contract within ten (10) calendar days after receiving written notice from the Prospective Initial Purchaser that such Prospective Initial Purchaser has elected to rescind the Purchase Contract. No other remedies provided in Section 1.4 shall be available to a Prospective Initial Purchaser who receives an accurate Late Notice or Extended Late Notice during the Cure Period or Extended Cure Period, as applicable, regardless of whether the Prospective Initial Purchaser elects to rescind the Purchase Contract.
Every Late Notice or Extended Late Notice sent by Owner to a Prospective Initial Purchaser must include the following in bold type in a font at least as large as the largest font in such Late Notice or Extended Late Notice (with correct type of notice indicated):
THE DWELLING UNIT YOU ARE PURCHASING IS SUBJECT TO A COMMUNITY DEVELOPMENT DISTRICT AND A RELATED DECLARATION OF RESTRICTIVE COVENANTS WHICH REQUIRES THAT CERTAIN NOTICES BE GIVEN TO PURCHASERS BY OWNER. THIS IS A [LATE NOTICE or EXTENDED LATE NOTICE] UNDER SUCH DECLARATION. IF OWNER PROVIDES YOU WITH THIS [LATE NOTICE or EXTENDED LATE NOTICE] DURING THE APPLICABLE CURE PERIOD, THEN YOU AS A PROSPECTIVE INITIAL PURCHASER MAY STILL ELECT TO RESCIND THE PURCHASE CONTRACT FOR A PERIOD OF THIRTY (30) DAYS FOLLOWING RECEIPT OF THIS [LATE NOTICE or EXTENDED LATE NOTICE]. UPON SUCH ELECTION, OWNER SHALL RETURN ALL MONIES PAID BY YOU AS THE PROSPECTIVE INITIAL PURCHASER REGARDING THE PURCHASE OF THE REAL PROPERTY IDENTIFIED IN THE PURCHASE CONTRACT WITHIN TEN (10) CALENDAR DAYS AFTER RECEIVING YOUR WRITTEN NOTICE YOU HAVE ELECTED TO RESCIND THE PURCHASE CONTRACT., AND ALL OTHER PROVISIONS OF THE DECLARATION OF RESTRICTIVE COVENANTS NOT INCONSISTENT WITH THE REMEDIES SET FORTH HEREIN SHALL GOVERN. NO OTHER REMEDIES PROVIDED IN SECTION 1.4 OF THE DECLARATION SHALL BE AVAILABLE TO YOU AS A PROSPECTIVE INITIAL PURCHASER IF YOU RECEIVE THIS [LATE NOTICE or EXTENDED LATE NOTICE]

DURING THE APPLICABLE CURE PERIOD, REGARDLESS OF WHETHER YOU AS A PROSPECTIVE INITIAL PURCHASER ELECT TO RESCIND THE PURCHASE CONTRACT.

If the Owner Default involves the failure to provide a Purchase Contract Notice or Owner provided a Purchase Contract Notice in substantially the correct form
and location; however, such Purchase Contract Notice underestimated the actual Capital Assessment, if paid in full at closing, by more than five percent (5%) and/or the annual Capital Assessments by more than five percent (5%), then the Late Notice or Extended Late Notice shall also contain the following:
YOUR PURCHASE CONTRACT PROVIDES THAT THE PURCHASE
PRICE FOR YOUR DWELLING UNIT IS AS FOLLOWS: [INSERT PURCHASE PRICE INFORMATION]. THIS DWELLING UNIT IS OR WILL BE WITHIN A COMMUNITY DEVELOPMENT DISTRICT ("DISTRICT"). THE DISTRICT PLANS TO ISSUE OR HAS ISSUED BONDS THAT WILL HAVE PRINCIPAL AND INTEREST PAYMENTS APPLICABLE TO THIS DWELLING UNIT OVER A PERIOD OF UP TO THIRTY (30) YEARS TO FUND CONSTRUCTION OF INFRASTRUCTURE SERVING THE PROPERTY IN THE ESTIMATED AGGREGATE AMOUNT OF $42,600 FOR A TOWNHOME UNIT. THIS DWELLING UNIT SHALL BE ASSESSED AN ESTIMATED CAPITAL ASSESSMENT OF $27,833 FOR A TOWNHOME UNIT, IF PAID IN FULL AT CLOSING OR AN ESTIMATED ANNUAL CAPITAL ASSESSMENT OF $1,420 FOR A TOWNHOME UNIT FOR ITS PROPORTIONATE SHARE OF DEBT SERVICE ON THE BONDS UNTIL SUCH BONDS ARE PAID IN FULL. WHETHER THE CAPITAL ASSESSMENT IS PAID IN FULL AT CLOSING OR IN ANNUAL INSTALLMENTS IS AT THE OPTION OF THE PURCHASER TO BE EXERCISED AT THE TIME OF CLOSING. THESE AMOUNTS ARE DUE OVER THE TERM OF THE BONDS IN ADDITION TO THE PURCHASE PRICE. PURCHASER ALSO UNDERSTANDS THAT IF THE ACTUAL ANNUAL CAPITAL ASSESSMENTS ON THE DWELLING UNIT ARE MORE THAN FIVE PERCENT (5%) HIGHER THAN THE ESTIMATED AMOUNT PROVIDED HEREIN, PURCHASER SHALL HAVE THE RIGHT TO RESCIND THIS AGREEMENT AT ANY TIME PRIOR TO CLOSING. PURCHASER FURTHER ACKNOWLEDGES AND AGREES THAT THE ESTIMATED AMOUNT OF CAPITAL ASSESSMENTS DOES NOT INCLUDE ADMINISTRATIVE ASSESSMENTS WHICH SHALL BE LEVIED BY THE DISTRICT FOR OPERATIONS AND INFRASTRUCTURE MAINTENANCE AND MAY VARY FROM YEAR TO YEAR AND FROM TIME TO TIME. IN THE EVENT OF ANY CONFLICT BETWEEN THE DISCLOSURES IN THIS PROVISION AND THE ATTACHED CDD NOTICE, THE CDD NOTICE SHALL CONTROL.

If the Owner Default involves the failure to provide a CDD Notice or Owner provided a timely CDD Notice; however, such CDD Notice underestimated (i) the

actual aggregate Administrative Assessments for each of the District's first three fiscal years by more than five percent (5%) and/or (ii) the actual Capital Assessment, if paid in full at closing, by more than five percent (5%) and/or the actual annual Capital Assessment by more than five percent (5%) then the Late Notice or Extended Late Notice must also include a CDD Notice, if the Owner Default involves a failure to provide a CDD Notice or an accurate revised CDD Notice, if the Owner Default involves a timely but inaccurate CDD Notice.
Relief to a Prospective Initial Purchaser Who Actually Closes on a

Dwelling Unit After an Uncorrected Owner Default.

In the event Owner fails to give a Prospective Initial Purchaser a timely CDD Notice, and such failure is not corrected by a timely and accurate Late Notice, then
a Prospective Initial Purchaser that closes on the Dwelling Unit ("Actual Initial Purchaser") may demand, in writing, that Owner pay such Actual Initial Purchaser (i) the amount necessary to prepay all Capital Assessments principal, and interest on such Capital Assessments principal due through the next applicable bond payment date respecting the Dwelling Unit plus (ii) an amount equal to the sum of the share of the actual Administrative Assessments levied by the District on such Dwelling Unit for the District's first three (3) fiscal years immediately following the closing respecting the Dwelling Unit.
In the event that Owner gave to an Actual Initial Purchaser (i) both a timely CDD Notice and Purchase Contract Notice and either underestimated the actual Capital Assessment, if paid in full at closing, by more than five percent (5%) and/or the actual annual Capital Assessments (as set forth in Table 1 of the CDD Notice) by more than five percent (5%) and such underestimate was not corrected by a timely and accurate Late Notice or Extended Late Notice or (ii) a timely CDD Notice and no Purchase Contract Notice, if applicable, and the CDD

Notice underestimated the actual Capital Assessment, if paid in full at closing, by more than five percent (5%) and/or the actual annual Capital Assessments by more than five percent (5%) and such underestimate was not corrected by a timely and accurate Late Notice or Extended Late Notice, then such Actual Initial Purchaser may demand, in writing, that Owner (a) pay such actual Initial Purchaser, in the event he or she elects to pay the Capital Assessment in full at closing, an amount equal to the difference between the actual Capital Assessment due at closing and the estimated Capital Assessment due at closing disclosed in the CDD Notice to the Actual Initial PurGhaser or pay such Actual Initial Purchaser, in the event he or she elects to pay an annual Capital Assessment, an amount equal to the difference between the actual aggregate amount of annual Capital Assessments, calculated over the term of the bonds, levied and imposed by the District on such Dwelling Unit and the aggregate amount of estimated annual Capital Assessments, calculated over the term of the bonds, actually disclosed in the CDD Notice to the Actual Initial Purchaser or, (b) if less, the amount necessary to prepay all Capital Assessments principal and interest on such Capital Assessments principal through the next applicable bond payment date with respect to the Dwelling Unit.
In the event that Owner gave an Actual Initial Purchaser a timely CDD Notice and such CDD Notice underestimated the actual annual Administrative Assessments by more than five percent (5%) and such underestimate was not corrected by a timely and accurate Late Notice, then such Actual Initial Purchaser may demand, in writing, that Owner pay such Actual Initial Purchaser an amount equal to the difference between the actual amount of the Administrative Assessments levied and imposed by the District on such Dwelling Unit and the amount of estimated Administrative Assessments disclosed to the Actual Initial

Purchaser in the CDD Notice calculated for the District's first three (3) fiscal years immediately following the closing based on the initial actual annual Administrative Assessments.
Upon such demand by an Actual Initial Purchaser under this Section 1.4, Owner shall deliver the applicable amount to the Actual Initial Purchaser within ten
(10) calendar days after: (1) receipt of written demand, or (2) after the date Capital Assessments and Administrative Assessments first become payable, whichever is later, unless Owner and Actual Initial Purchaser agree to another manner or time of payment. An Actual Initial Purchaser shall provide to Owner written notice of election of remedy in this Section on or before one (1) year after the earlier of (1) the date that Capital Assessments and Administrative Assessments first appear on the Actual Initial Purchaser's Combined Real Property tax bill for the affected Dwelling Unit or (2) if such assessments are directly billed by the District and do not appear on the Actual Initial Purchaser's Combined Real Property tax bill, then the date that such Capital Assessment and Administrative Assessments first appear on any bill sent to the Actual Initial Purchaser by the District for the affected Dwelling Unit. After the expiration of that year, Owner shall not be obligated to provide any relief to such Actual Initial Purchaser under this Declaration.
Nothing in this Section l.4 shall be construed to relieve any Actual Initial Purchaser of the individual Dwelling Unit of liability for all lawful taxes and assessments including, but not limited to, any tax liability resulting from Owner's payments to such Actual Initial Purchaser under Section 1.4.
Additional Disclosure through District Sign

Owner shall display at every entrance to a sales office or area, in a conspicuous location readily available for viewing by Prospective Initial Purchasers of Dwelling Units, a sign with

information about the District. The remedy provisions discussed in Section 1.4 shall not apply to this Section. Such sign(s) shall be no smaller than twenty-four inches by thirty-six inches (24" x 36"), and shall contain the following language in substantially similar form in large, boldface type:

ANTILLIA COMMUNITY DEVELOPMENT DISTRICT

PURSUANT TO CHAPTER 190, FLORIDA STATUTES, ANTILLIA COMMUNITY DEVELOPMENT DISTRICT MAY IMPOSE TAXES OR ASSESSMENTS, OR BOTH TAXES AND ASSESSMENTS, ON THIS PROPERTY THROUGH A SPECIAL TAXING DISTRICT. THESE TAXES AND ASSESSMENTS PAY THE CONSTRUCTION, OPERATION, AND MAINTENANCE COSTS OF CERTAIN PUBLIC FACILITIES OF THE DISTRICT AND ARE SET ANNUALLY BY THE GOVERNING BOARD IN ADDITION TO COUNTY AND ALL OTHER TAXES AND ASSESSMENTS PROVIDED FOR BY LAW. THE ANTILLIA COMMUNITY DEVELOPMENT DISTRICT EXPECTS TO ISSUE BONDS TO FINANCE A PORTION OF THE CONSTRUCTION OF REQUIRED PUBLIC INFRASTRUCTURE IN ANTILLIA. A PURCHASER OF PROPERTY IN ANTILLIA WILL BE OBLIGATED TO PAY ANNUAL ASSESSMENTS TO AMORTIZE THE DEBT AND FOR DISTRICT ADMINISTRATION, WHICH AMOUNTS ARE SEPARATE FROM THE PURCHASE PRICE OF THE PROPERTY AND OTHER ASSESSMENTS ON THE PROPERTY, AND WHICH MAY VARY FROM YEAR TO YEAR AND FROM TIME TO TIME. THE TOTAL ANNUAL ASSESSMENTS VARY IN RELATION TO THE INFRASTRUCTURE BENEFIT ALLOCATED TO THE PROPERTY ASSESSED AND ARE EXPECTED TO APPEAR ON A PURCHASER'S PROPERTY TAX BILL EACH YEAR, BUT MAY BE BILLED DIRECTLY BY THE ANTILLIA COMMUNITY DEVELOPMENT DISTRICT. A PURCHASER SHALL HAVE THE OPTION TO PAY IN FULL AT ANY TIME THE PRO RATA SHARE, AS ALLOCATED TO THE PURCHASER'S PROPERTY, OF THE TOTAL AMOUNT OF DISTRICT CAPITAL ASSESSMENTS DUE. FOR FURTHER INFORMATION ON ANTILLIA AND A PURCHASER'S BENEFITS AND OBLIGATIONS RELATING THERETO, CONTACT [INSERT APPROPRIATE CONTACT INFORMATION]."

Inspection of District Records by County Representatives

Owner shall allow or provide for the District to allow County representatives to review all pertinent records in order to assess the overall performance of Owner in providing timely and accurate disclosure of estimated Capital Assessments and Administrative Assessments on Dwelling Units within the District. Prompt access shall be provided without prior notice of

inspection by the County representatives, but only during normal business hours and without disruption of sales operations. The purpose of such inspection is only to determine Owner's overall compliance with the aforementioned notice requirements and such inspection shall not authorize the County to seek any relief provided under Section 1.4, either on behalf of itself or on behalf of any Prospective Initial Purchaser or Actual Initial Purchaser.
Sole Provider of Water, Wastewater, and Reuse Service

Owner acknowledges and agrees that the Miami-Dade County Water and Sewer

Department ("WASD"), or its successor agency or department, shall be the exclusive provider of water, wastewater, and reuse service to all lands within the Property. Service shall be provided by WASD in accordance with its general policies and procedures for providing service throughout the County.
Application for Multi-Purpose Special  Taxing District to Maintain

Infrastructure

The costs of maintaining the infrastructure constructed with funding provided through the District shall be the responsibility of the District and its successors and assigns. In order to assure that such maintenance is performed, however, before the recording of a final plat on any portion of the Property, Owner shall submit to the Board a complete application for the creation of a multi-purpose special taxing district to maintain the infrastructure serving the Property including, but not limited to, roadways, drainage, walls, and landscaping, as applicable. Upon approval of the multi-purpose special taxing district by the Board, such taxing district may remain dormant until, in the sole and exclusive opinion of the Board, both the District and any homeowners' or similar association shall have failed to maintain the infrastructure serving the Property, as such failure is defined in any easement and/or covenant recorded in the public

records and governing the infrastructure or similar agreement provided by Owner, or in the absence of such easement, covenant or agreement, as determined by the Board. Upon such determination, the Board shall authorize the activation of the multi-purpose special taxing district and cause the infrastructure to be maintained at the expense of such taxing district. By this provision, Owner hereby authorizes the Board and its officials, employees, and agents to enter upon the Property if the special taxing district is activated for the purpose of maintaining the infrastructure serving the Property. Owner further agrees to apply, at the time of plat, replat, or waiver of plat, as applicable, to provide for an easement for the benefit of the County and providing that at any and all times during which the infrastructure or any portion thereof is maintained by the County, the public shall have a right of perpetual access and use in those portions of the Property on which the infrastructure is located including, but not limited to, the roadways serving the Property.
BENEFITS AND ENFORCEMENT.

The covenants set forth in Sections 1.2, 1.3 and 1.4 shall run and be in favor of and to the benefit of Prospective Initial Purchasers and Actual Initial Purchasers of individual Dwelling Units within the Property, and their heirs, successors, and assigns, and shall be enforceable exclusively by such persons. After an individual Dwelling Unit has been once conveyed to an Actual Initial Purchaser, no further notice shall be required to be provided by Owner to any purchaser of a Dwelling Unit if the same has been improved with a residence. If a Dwelling Unit is conveyed as unimproved land, then such Dwelling Unit shall not be deemed to have been conveyed to a Prospective Initial Purchaser or Actual Initial Purchaser, and all of the covenants set forth in Sections 1.2, 1.3 and 1.4 shall apply to the Dwelling Unit and any Owner offering such Dwelling Unit for sale to Prospective Initial Purchasers.

The covenants set forth in Sections 1.6, 1.7 and 1.8 shall run and be in favor of and to the benefit of the County or any successor municipal government, and shall be enforceable exclusively by such governmental entity.
Enforcement shall be by action against any party or person violating, or attempting to violate, any covenants herein. The prevailing party in any action or suit pertaining to or arising out of this Declaration shall be entitled to recover, in addition to costs and disbursements allowed by law, such sum as the Court may adjudge to be reasonable for attorney and paraprofessional fees and costs and expenses and trial and upon appeal. This enforcement provision shall be in addition to any other remedies available at law or in equity, or both.
COVENANT RUNNING WITH THE LAND.

This Declaration on the part of Owner shall constitute a covenant running with the land and shall be recorded, at the expense of Owner in the public records of the County, following the acceptance by the Board of an ordinance approving the creation of the District, and shall remain in full force and effect and be binding upon the undersigned Owner, and its successors and assigns, until such time as the same is modified or released. These restrictions during their lifetime shall be for the benefit of, and litigation upon, all present and future owners of the Property and for the public welfare. Owner, on behalf of itself and its heirs, successors, and assigns, acknowledges that acceptance of this Declaration does not in any way obligate the County to undertake the construction or maintenance of any infrastructure or any other duty or obligation of the District.
TERM.

This Declaration is to run with the land and shall be binding on all parties and all persons claiming under it for a period of thirty (30) years from the date this Declaration is recorded, after which time it shall be extended automatically for successive periods of ten (10) years each,

unless an instrument signed by the then owner(s) of the Property has been recorded agreeing to change the covenant in whole, or in part, provided that the Declaration has first been modified or released by the County.
MODIFICATION. AMENDMENT, OR RELEASE.

This Declaration may be modified, amended, or released as to the land herein described, or any portion thereof, by a written instrument executed by the then owner(s) of all of the Property, or of such portion as will be affected by the modification, amendment, or release, including joinders of any and all mortgagees, provided that the same is also approved by the Board, after public hearing.
Should this Declaration be modified, amended, or released, the County Mayor or Designee, or the assistant in charge of the office in the County Mayor's or Designee's absence, shall forthwith execute a written instrument effectuating and acknowledging such modification, amendment, or release.
ELECTION OF REMEDIES.

All rights, remedies, and privileges granted herein shall be deemed to be cumulative, and the exercise of any one or more shall neither be deemed to constitute an election of remedies, nor shall such exercise preclude the party exercising the same from exercising such other additional rights, remedies, or privileges.
SEVERABILITY.

Invalidation of any one of the covenants herein by judgment of Court shall not affect any of the other provisions of this Declaration which shall remain in full force and effect. However, if any material portion of the covenants herein is invalidated and such provision is not timely amended or replaced or cannot be timely amended or replaced in an enforceable way with materially the same effect as the invalidated provision, the County shall be entitled to revoke any

approval predicated upon the invalidated portion. It shall be Owner's obligation to apply for and diligently pursue any such application for amendment or replacement.
ACCEPTANCE OF DECLARATION.

Owner acknowledges that acceptance of this Declaration does not obligate the County in any manner with respect to the District, or with respect to any land use application on the Property, nor does it entitle Owner to a favorable recommendation or the approval of any application, zoning or otherwise, and the Board and/or any Community Zoning Appeals Board and other County boards, officials, and employees retain full authority to approve or deny such application.

[REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK]

IN WI1NESS WHEREOF, the undersigned has set its hand and seal to this Declaration of Restrictive Covenants this 3  day of M/VlM , 2022.
OWNER:

CRE-KL ANTILLIA OWNER, LLC, a Delaware
limited liability company

By: CRE-KL RESI Holdco, LLC, a Delaware limited liability company, its Manager

By: CRE-KL RESI N, LLC, a Delaware limited liability company, its Manager

By:	KL RESI N Member LLC, a Florida limited liability company, its Manager

By:	The Kolter Group, LLC, a Florida limited liability company, its Manager

Rl\rn�  )

STATE OF FLORIDA	) COUNTY OF

2l.	U\Qrcb	,

The foregoing instrument was acknowl ed before me by means of J4 physical presence or [ ] online notarization, this day of	2022, by William Johnson, as Manager of The Kolter Group LLC, a Florida limited liability company, the Manager of KL RESI JV Member LLC, a Florida limited liability company, the Manager of CRE-KL RESIN, LLC, a Delaware limited liability company, the Manager of CRE-KL RESI HOLDCO, LLC, a Delaware limited liability company, the Manager of CRE-KL ANTILLIA OWNER, LLC, a
Delaware limited liability company, he is personally known to me ,C><1] or produced
	as identification.

Typed, printed or stamped name of Notary Public

18

Exhibit A

LEGAL DESCRIPTION

19

LEGAL DESCRIPTION
he SE\ of the SW\ of the SE\ LESS the West and South 30 feet thereof,
1n	Section 25, Township 57 South, range 38 East, lying in Miami-Dade County, Florida.
AND

The West of the SE\ of the SE\ in Section,i25, Townspip 57 South, Range 38 East, lying in Miami-Dade County, Florida.

AND

The NE\ of the SW\ of the SE\ of Section 25, Township 57 South,
Range 38 East, LESS the West 30 feet thereof, and the South
of the SE\ of the NW\ of the SE\ of Section 25, Township 57 South, Range 38 East, LESS the West 30 feet thereof, lying in Miami-Dade County, Florida.

county-Wide Land Surveyors, Inc.
15358 SW 140 St.

Miami, Fl., 33196

L. Martin
-4368

BY:

of Florida

Exhibit B

CDDNOTICE

Table 1.  ESTIMATED TOTAL ANNUAL DISTRICT ASSESSMENTS DUE PER DWELLING UNIT FOR EACH OF THE
DISTRICT'S FmST THREE (3) FISCAL YEARS (actual assessments may vary from theamounts set forth below and Operations and
Infrastructure Maintenance Assessments may be hie:her in subse< uent years based on actual bud2ets adouted bv the District).

Type of Dwelling Unit (and Phase, if
Applicable)	Estimated Annual District Ca pital Assessments Including Principal and Interest
(see Sections 3.1 and 3.2 Below)	
Estimated Annual Administrative Assessments (includes both Operations and Infrastructure Maintenance Assessments) (see Section 3.4 Below)	

Estimated Total Annual District Assessments Due for each of the District's first three (3)fiscal years (see Section 3.5 Below)	
TOWNHOME	$1 420.00	$850.00	$2 270.00	

Table 2  BREAKDOWN OF ESTIMATED MONTHLY DISTRICT ASSESSMENTS FOR EACH OF THE FmsT THREE (3) FISCAL
YEARS (actual assessments may vary from the amounts set forth below and Operations and Infrastructure Maintenance Assessments mav be hi2her in subseQuent years based on actual bud2ets adopted by the District).

Type of Dwelling Unit (and Phase, if
Applicable)	
Estimated Monthly District Operations Assessments	
Estimated Monthly District Infrastructure Maintenance	
Estimated Monthly District Capital Assessments (Estimated Annual District
Ca pitaI Assessments divided by 12)	
		Assessments		
TOWNHOME	$21.25	$49.58	$118.33	
Table 3 ESTIMATED INITIAL PAYOFF OF CAPITAL ASSESSMENTS (does not include interest on the bond principal due through the next PaymentDate) AND ESTIMATED TOTAL PAYMENTS IF ANNUALPAYMENTSAREMADE OVER THE TERM OF THE BONDS

Type of Dwelling Unit (and Phase, if
Applicable)	Initial Estimated Prepayment Amount to Pay off Dwelling Unit's pro rata share of District Bonds at time Dwelling Unit Closes (this amount declines as principal payments are made annually and does NOT include interest that may be due through the next applicable bond payment date	Estimated Total Capital Assessments including Principal and Interest if Capital Assessments are Paid Annually (No Prepayment) overThirty (30) years(Estimated Annual District Capital Asse0sments times 30)	
TOWNHOME	$27.833.00	$42 600	

PURCHASER'S INITIALS

The District. All of the residential dwelling units ("Dwelling Units") in Antillia (the "Development") are also located within the boundaries of the Antillia Community Development District	(the "District"). The District is a local unit of special-purpose government organized and existing under the laws of the State of Florida and the Home Rule Charter of Miami-Dade County, Florida and located in Miami-Dade County ("County"). The primary purpose of the District is to finance the cost of the public infrastructure of the Development which may include, without limitation, water and sewer facilities, environmental mitigation, roadways, the surface water management system, utility plants and lines, land acquisition, miscellaneous utilities for the Development, as applicable, and other infrastructure projects and services necessitated by the development of land within the Development(collectively, the "Public Infrastructure").
PURCHASER'S INITIALS

The District Board. The Board of Supervisors of the District (the "District Board") is initially elected by the landowner in the District. The Board is required to advertise its meetings in advance and all District Board meetings are required to be open to the public. The District Board is required to prepare a budget each fiscal year and adopt the same in an open, public meeting. All owners of property within the District are invited to attend District Board meetings and participate in the public process.

PURCHASER'S INITIALS

District Finance and Assessments. The current plan is for the District to issue bonds to acquire, construct, reconstruct, and equip all or a portion of the Public Infrastructure identified in Section 1. Currently, it is estimated that the Dwelling Units in the Development will be assessed based on the Capital and Administrative Assessments listed in Table 1 above
and in Sections 3.1 and 3.4 below (if paid in November) to retire the debt of the District, to pay for operations of the District and maintenance of the Public Infrastructure. District assessments
will either appear on the County real estate tax bill of each property located within the District and will be paid at the same time as County taxes are paid, or will be directly billed by the District. Capital assessments to repay the principal portion of the bond debt could be levied by the District for a period of up to thirty (30) years.

PURCHASER'S INITIALS

District Capital Assessments. The District expects to issue bonds (the "Bonds"), the principal of and interest on which will be payable from non-ad valorem special assessments ("District Capital Assessments") levied by the District on the property within the Development, which property is found to be specially benefited by the Public Infrastructure. Each Dwelling Unit is subject to a District Capital Assessment to repay the bonds.

PURCHASER'S INITIALS

Amount. The estimated amount of annual District Capital Assessments including principal and interest levied on each Dwelling Unit is expected to be approximately
$1,420 for a townhome unit (approximately $118.33 per month) which sum shall be payable annually for the term of the Bonds (the principal repayment period may not exceed thirty (30) years). The aggregate amount of District Capital Assessments including principal and interest expected to be levied and imposed on each Dwelling Unit over the term of the Bonds [insert term] is approximately $42,600 for a townhome unit.
PURCHASER'S INITIALS

Prepay Option. Each owner of a Dwelling Unit has the option of prepaying the aggregate amount of District Capital Assessments levied on the owner's Dwelling Unit. The prepayment amount at any time will be equal to the remaining outstanding pro rata share of principal and interest due through the next applicable payment date due on the bonds for each Dwelling Unit. Such prepayment amount will decline each year as the District Capital Assessments are paid.
PURCHASER'S INITIALS

District Administrative Assessments. In addition to District Capital Assessments, the District will impose an annual non-ad valorem assessment to fund District operations and maintenance of its Public Infrastructure (collectively, "District Administrative Assessments"). Each Dwelling Unit shall be subject to District Administrative Assessments. The budget from which District Administrative Assessments are derived is subject to change each year and may vary from year to year and from time to time. During each of the first three
(3) fiscal years of the District, it is anticipated that District Administrative Assessments for the Dwelling Units will be approximately $850 per year per Dwelling Unit, after which time such assessments may vary from year to year and from time to time.

PURCHASER'S INITIALS

District Assessments. District Administrative Assessments together with District Capital Assessments shall comprise the "District Assessments." While the District Assessments are not taxes under Florida law, the District Assessments will constitute a lien coequal with the lien of State, County, Municipal, and School Board taxes, and are expected to appear on the ad valorem tax bill sent each year by the Miami-Dade County Tax Collector. The Homestead Exemption is not applicable to the District Assessments. Because a tax bill cannot be paid in part, failure to pay the District Assessments or any other portion of the tax bill will result in the sale of tax certificates and could ultimately result in the loss oftitle to the Dwelling Unit of the delinquent taxpayer through the issuance of a tax deed. If billed directly by the District, nonpayment could result in foreclosure on and loss of title to the Dwelling Unit.

PURCHASER'S INITIALS

PURCHASER:	PURCHASER:

 	

Print Name: 	 Date: 	

Print Name: 	 Date:	

"EXHIBIT B to the Ordinance"

Legal Description

LEGAL DESCRIPTION for ANTILLIA CDD

The SE ¼ of the SW ¼ of the SE ¼ , LESS the West and South 30.00 feet thereof, in Section 25, Township 57 South, Range 38 East, lying in Miami-Dade County, Florida.

AND 
The West 1/2 of the SE ¼ of the SE ¼ in Section 25, Township 57 South, Range 38 East, lying in Miami-Dade County, Florida.

AND 
The NE ¼ of the SW ¼ of the SE ¼ of Section 25, Township 57 South, Range 38 East, LESS the West 30.00 feet thereof, and the South 1/2 of the SE ¼ of the NW ¼ of the SE ¼ of Section 25, Township 57 South, Range 38 East, LESS the West 30.00 feet thereof, lying in Miami- Dade County, Florida.

"EXHIBIT C to the Ordinance"

District Boundaries and Geographical Location Sketch

THEO. SW 355 STREET

DISTRICT BOUNDARIES

N

AVENUE

SW

180

178 AVENUE

SW

THEO.

TRACT "A"

SW 360 STREET

ANTILLIA
COMMUNITY DEVELOPMENT DISTRICT

(COMM. 0009)
SECTION: 25-57-38

EXHIBIT "C" TO THE ORDINANCE
(Boundaries and Geographical Location Sketch)