CORKSCREW CROSSING COMMUNITY DEVELOPMENT DISTRICT

LEE COUNTY Regular Board Meeting
MAY 8, 2025
2:00 P.M.

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

AGENDA CORKSCREW CROSSING
COMMUNITY DEVELOPMENT DISTRICT
RiverCreek Clubhouse 20161 Camellia Crosse Lane Estero, Florida 33928
REGULAR BOARD MEETING
May 8, 2025
2:00 P.M.

Call to Order
Proof of Publication…	Page 1
Establish Quorum
Additions or Deletions to Agenda
Comments from the Public for Items Not on the Agenda
Approval of Minutes
November 14, 2024 Regular Board Meeting…	Page 2
Old Business
New Business
Consider Resolution No. 2025-01 – Adopting a Fiscal Year 2025/2026 Proposed Budget… Page 5
Administrative Matters
Board Member Comments
Adjourn

Publication Date 2025-04-29

Subcategory Miscellaneous Notices

CORKSCREW CROSSING COMMUNITY DEVELOPMENT DISTRICT NOTICE OF REGULAR BOARD OF SUPERVISORS MEETING.
The Board of Supervisors (Board) of the Corkscrew Crossing Community Development District (District) will hold a Regular Board Meeting (the Meeting) on May 8, 2025, at 2:00 p.m. at the RiverCreek Clubhouse located at 20161 Camellia Crosse Lane, Estero, Florida 33928 where the Board may consider any business that may properly come before it.
A copy of the agenda may be obtained at the offices of the District Manager, 2501A Burns Road, Palm Beach Gardens, Florida 33410, 561-630-4922 (District Managers Office), during normal business hours.
The Meeting is open to the public and will be conducted in accordance with the provisions of Florida law. The Meeting may be continued to a date, time, and place to be specified on the record at the meeting. There may be occasions when Board Supervisors or District Staff may participate by speaker telephone.
Any person requiring special accommodations at this Meeting because of a disability or physical impairment should contact the District Managers Office at least forty-eight (48) hours prior to the Meeting. If you are hearing or speech impaired, please contact the Florida Relay Service by dialing 7-1-1, or 1-800-955-8771 (TTY)
/ 1-800-955-8770 (Voice), for aid in contacting the District Managers Office.
Each person who decides to appeal any decision made by the Board with respect to any matter considered at the Meeting is advised that person will need a record of proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which such appeal is to be based.
Meetings may be cancelled from time to time without advertised notice. Kathleen Dailey Meneely
District Manager
CORKSCREW CROSSING COMMUNITY DEVELOPMENT DISTRICT
www.corkscrewcrossingcdd.org 4/29/25 11249932

Page 1

CORKSCREW CROSSING COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING
NOVEMBER 14, 2024

CALL TO ORDER

The Corkscrew Crossing Community Development District (the “District”) Regular Board Meeting of November 14, 2024, was called to order at 1:13 p.m. the River Creek Sales Office located at 12776 Springbrook Court, Estero, Florida 33928.

PROOF OF PUBLICATION

Proof of publication was presented which showed that notice of the Regular Board Meeting had been published in the Fort Myers News Press on November 4, 2024, as legally required.

ESTABLISH A QUORUM

A quorum was established with the following Supervisors in attendance:

Chairman	John Asher	Present	
Vice Chairman	Craig Callis	Present	
Supervisor	Maria Menendez	Absent	
Supervisor	Richard Norwalk	Present via phone	
Supervisor	Larry Portnoy	Absent	

Staff presented included the following:

District Manager	Kathleen Meneely	Special District Services, Inc.	
District Counsel	Kyle McGee (via phone)	Kutak Rock	
District Engineer	Ted Tryka (via phone)	Agnoli Barber & Brundage, Inc.	

Also present was Clayton Ratliff of GL Homes.

ADDITIONS OR DELETIONS TO AGENDA

Ms. Meneely asked that the results of the Landowners’ Election held on November 5, 2024, be certified noting that Messrs. Portnoy and Callis had each received 4-year terms and Mr. Norwalk had received a 2-year term.

A motion was made by Mr. Asher, seconded by Mr. Portnoy certifying the election results from the Landowners Election of November 5, 2024.
COMMENTS FROM THE PUBLIC FOR ITEMS NOT ON THE AGENDA

There were comments from the public for items not on the agenda.

APPROVAL OF MINUTES

August 8, 2024, Public Hearing & Regular Board Meeting

The minutes of the August 8, 2024, Regular Board Meeting & Public Hearing were presented for Board consideration.

A motion was made by Mr. Portnoy, seconded by Mr. Norwalk and passed unanimously approving the minutes of the August 8, 2024, Public Hearing & Regular Board Meeting, as presented.

OLD BUSINESS

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

NEW BUSINESS
Consider Resolution No. 2024-06 – Adopting a Fiscal Year 2023/2024 Amended Budget

Resolution No. 2024-06 was presented, entitled:

RESOLUTION NO. 2024-06

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CORKSCREW CROSSING COMMUNITY DEVELOPMENT DISTRICT AUTHORIZING AND ADOPTING AN AMENDED FINAL FISCAL YEAR 2023/2024 BUDGET (“AMENDED BUDGET”), PURSUANT TO CHAPTER
189, FLORIDA STATUTES; AND PROVIDING AN EFFECTIVE DATE.
A motion was made by Mr. Portnoy, seconded by Mr. Norwalk and passed unanimously adopting Resolution No. 2024-06, as presented.

ADMINISTRATIVE MATTERS

Ms. Meneely advised that the upcoming meetings were scheduled for January 9, 2025, and April 10, 2025, and noted that they would be cancelled if there were no actionable items. She also reminded the Board that the proposed budget was scheduled to be presented at the meeting scheduled for May 8, 2025.
BOARD MEMBER COMMENTS
There were no further comments from the Board Members.
ADJOURNMENT
There being no further business to come before the Board, the Regular Board Meeting was adjourned at 1:17 p.m. on a motion made by Mr. Asher, seconded by Mr. Norwalk and passed unanimously.

ATTESTED BY:

Secretary/Assistant Secretary	Chairperson/Vice-Chair

RESOLUTION 2025-01

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CORKSCREW CROSSING COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGETS FOR FISCAL YEAR 2025/2026 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; ADDRESSING TRANSMITTAL, POSTING AND PUBLICATION REQUIREMENTS; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors (“Board”) of the Corkscrew Crossing Community Development District (“District”) a proposed budget (“Proposed Budget”) for the fiscal year beginning October 1, 2025 and ending September 30, 2026 (“Fiscal Year 2025/2026”); and

WHEREAS, the Board has considered the Proposed Budget and desires to set the required public hearing thereon.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CORKSCREW CROSSING COMMUNITY DEVELOPMENT DISTRICT:

PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2025/2026 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.

SETTING A PUBLIC HEARING. A public hearing on said approved Proposed Budget is hereby declared and set for the following date, hour and location:

DATE:		July 10, 2025	

HOUR:		1:00 p.m.	

LOCATION:	RiverCreek Clubhouse	 20161 Camellia Lane	
Estero, Florida 33928	
TRANSMITTAL	OF	PROPOSED	BUDGET	TO	LOCAL	GENERAL	PURPOSE
GOVERNMENT. The District Manager is hereby directed to submit a copy of the Proposed Budget to the Village of Estero and Lee County at least 60 days prior to the hearing set above.
POSTING OF PROPOSED BUDGET. In accordance with Section 189.016, Florida Statutes, the District’s Secretary is further directed to post the approved Proposed Budget on the District’s website at least two days before the budget hearing date as set forth in Section 2, and shall remain on the website for at least 45 days.

PUBLICATION OF NOTICE. Notice of this public hearing shall be published in the manner prescribed in Florida law.
SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.

EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.

PASSED AND ADOPTED THIS 8th DAY OF May, 2025.

ATTEST:	CORKSCREW CROSSING COMMUNITY DEVELOPMENT DISTRICT

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

Exhibit A:	Proposed FY 2025/2026 Budget

Corkscrew Crossing Community Development District

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

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

DETAILED PROPOSED DEBT SERVICE FUND BUDGET

ASSESSMENT COMPARISON

PROPOSED BUDGET
CORKSCREW CROSSING COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	
FISCAL YEAR 2025/2026 BUDGET	
O&M (Operation & Maintenance) Assessments	237,919	
Debt Assessments	876,986	
Other Revenue	0	
Interest Income	1,200	
		
TOTAL REVENUES	$	1,116,105	
		
EXPENDITURES		
Administrative Expenditures		
Supervisor Fees	0	
Management	38,148	
Legal	21,000	
Assessment Roll	5,000	
Audit Fees	4,500	
Arbitrage Rebate Fee	500	
Insurance	6,800	
Legal Advertisements	2,600	
Miscellaneous	1,200	
Postage	200	
Office Supplies	900	
Dues & Subscriptions	175	
Website Management & ADA Compliance	3,000	
Trustee Fees	4,300	
Continuing Disclosure Fee	1,000	
Total Administrative Expenditures	$	89,323	
		
Maintenance Expenditures		
Engineering/Inspections	6,000	
Miscellaneous Maintenance	1,000	
Preserve Maintenance	91,000	
Lake Littoral Maintenance	6,800	
Lake Maintenance	21,500	
Lake Native Grass Maintenance	11,600	
Total Maintenance Expenditures	$	137,900	
		
Total O&M Expenditures	$	227,223	
		
REVENUES LESS EXPENDITURES	$	888,882	
		
Bond Payments	(833,137)	
		
BALANCE	$	55,745	
		
County Appraiser & Tax Collector Fee	(11,149)	
Discounts For Early Payments	(44,596)	
		
EXCESS/ (SHORTFALL)	$	-	

DETAILED PROPOSED BUDGET
CORKSCREW CROSSING COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

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

COMMENTS	
O&M (Operation & Maintenance) Assessments	245,058	238,026	237,919	Expenditures Less Interest/.95	
Debt Assessments	867,213	876,986	876,986	Bond Payments/.95	
Other Revenue	0	0	0		
Interest Income	9,661	480	1,200	Interest Projected At $100 Per Month	
					
TOTAL REVENUES	$	1,121,932	$	1,115,492	$	1,116,105		
					
EXPENDITURES					
Administrative Expenditures					
Supervisor Fees	0	0	0		
Management	36,000	37,080	38,148	CPI Adjustment	
Legal	5,846	29,000	21,000		
Assessment Roll	5,000	5,000	5,000	As Per Contract	
Audit Fees	4,300	4,400	4,500	Accepted Amount For 2024/2025 Audit	
Arbitrage Rebate Fee	500	650	500	$150 Decrease From 2024/2025 Budget	
Insurance	5,375	6,000	6,800	Insurance Estimate	
Legal Advertisements	1,416	2,750	2,600	$150 Decrease From 2024/2025 Budget	
Miscellaneous	212	1,350	1,200	$150 Decrease From 2024/2025 Budget	
Postage	150	200	200	No Change From 2024/2025 Budget	
Office Supplies	227	1,400	900	$500 Decrease From 2024/2025 Budget	
Dues & Subscriptions	175	175	175	Annual Fee Due Department Of Economic Opportunity	
Website Management & ADA Compliance	3,000	3,000	3,000	$250 X 12 Months	
Trustee Fees	4,246	4,100	4,300	$200 Increase From 2024/2025 Budget	
Continuing Disclosure Fee	1,000	1,000	1,000	No Change From 2024/2025 Budget	
Total Administrative Expenditures	$	67,447	$	96,105	$	89,323		
					
Maintenance Expenditures					
Engineering/Inspections	3,721	6,000	6,000	No Change From 2024/2025 Budget	
Miscellaneous Maintenance	0	1,000	1,000	No Change From 2024/2025 Budget	
Preserve Maintenance	75,000	91,000	91,000	No Change From 2024/2025 Budget	
Lake Littoral Maintenance	0	6,800	6,800	No Change From 2024/2025 Budget	
Lake Maintenance	20,500	14,100	21,500	$7,400 Increase From 2024/2025 Budget	
Lake Native Grass Maintenance	0	11,600	11,600	No Change From 2024/2025 Budget	
Total Maintenance Expenditures	$	99,221	$	130,500	$	137,900		
					
Total O&M Expenditures	$	166,668	$	226,605	$	227,223		
					
REVENUES LESS EXPENDITURES	$	955,264	$	888,887	$	888,882		
					
Bond Payments	(844,607)	(833,137)	(833,137)	2026 P & I Payments	
					
BALANCE	$	110,657	$	55,750	$	55,745		
					
County Appraiser & Tax Collector Fee	(866)	(11,150)	(11,149)	One Percent Of Total Assessment Roll	
Discounts For Early Payments	(28,290)	(44,600)	(44,596)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	81,501	$	-	$	-		

DETAILED PROPOSED DEBT SERVICE FUND BUDGET
CORKSCREW CROSSING COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

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

COMMENTS	

Interest Income	
44,425	
500	
1,500	
Projected Interest For 2025/2026	

NAV Tax Collection	
844,607	
833,137	
833,137	
Maximum Debt Service Collection	

Bond Proceeds	
0	
0	
0		

Total Revenues	
$	889,032	
$	833,637	
$	834,637		

EXPENDITURES					

Principal Payments	
195,000	
205,000	
215,000	
Principal Payment Due In 2026	

Interest Payments	
638,078	
625,806	
617,143	
Interest Payment Due In 2026	

Bond Redemption	
0	
2,831	
2,494	
Estimated Excess Debt Collections	

Total Expenditures	
$	833,078	
$	833,637	
$	834,637		

Excess/ (Shortfall)	
$	55,954	
$	-	
$	-		

Series 2023 Bond Information

Original Par Amount =	$12,670,000	Annual Principal Payments Due =	May 1st	
Interest Rate =	4.125% - 5.3%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =	February 2023			
Maturity Date =	May 2053			

Par Amount As Of 1/1/25 =	$12,475,000

Corkscrew Crossing Community Development District Assessment Comparison

Fiscal Year	Fiscal Year	Fiscal Year	
2023/2024	2024/2025	2025/2026	
Assessment*	Assessment*	Projected Assessment*	

O & M Assessment For 50' Single Family Units	

$	448.44	

$	429.66	

$	

429.47	
Debt Assessment For 50' Single Family Units	$	1,600.00	$	1,583.01	$	1,583.01	
Total For 50' Single Family Units	$	2,048.44	$	2,012.67	$	2,012.48	

* Assessments Include the Following :		Overall County Fees Percentage
4% Discount for Early Payments	Was Lowered From 2% In
0.5% County Tax Collector Fee	Fiscal Year 2023/2024 to
0.5% County Property Appraiser Fee	1% In 2024/2025

Community Information:
50' Single Family Units	554

4/29/2025 1:37 PM	IV