COLD SPRINGS IMPROVEMENT DISTRICT

MARION COUNTY REGULAR BOARD MEETING JULY 11, 2024
10:00 A.M.

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

AGENDA
COLD SPRINGS IMPROVEMENT DISTRICT
Gray, Ackerman & Haines, P.A.
211 N.W. 3rd Street Ocala, Florida 34475
To Call In: 877 873 8017 Access Code 9758310 REGULAR BOARD MEETING
July 11, 2024
10:00 a.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
September 7, 2023 Regular Board Meeting Minutes…	Page 2
Old Business
New Business
Consider Resolution No. 2024-01 – Adopting a Fiscal Year 2024/2025 Final Budget	Page 5
Consider Resolution No. 2024-02 – Adopting a Fiscal Year 2024/2025 Meeting Schedule	Page 10
Consider Resolution No. 2024-03 – Adopting a Fiscal Year 2023/2024 Amended Budget	Page 12
Announce Landowners’ Meeting
Administrative Matters
Board Members Comments
Adjourn

The Gainesville Sun I The Ledger Daily Commercial I Ocala StarBanner News Chief I Herald-Tribune

PO Box 631244 Cincinnati, OH 45263-1244

PROOF OF PUBLICATION
Cold Springs Imprvmnt-330 Cold Springs Imprvmnt-330 2501 BURNS ROAD STEA
PALM BEACH GARDENS FL 334 I 0

STATE OF WISCONSIN, COUNTY OF BROWN

Before the undersigned authority personclliy appeared, who on oath says that he or she is the Legal Coordinator of the Star Banner, published in Marion County, Florida; that the attached copy of advertisement, being a Public Notices, was published on the publicly accessible website of Marion County, Florida, or in a newspaper by print in the issues of, on:

09/25/2023

Affiant further says that the website or newspaper complies with all legal requirements for publication in chapter 50, Florida Statutes.

	M"-A/\ 	

Subscribed and sworn to before me, by the legal clerk, who is personally known to me, on 09/?5/f02l\..
\l\)V V
LegalClec	-	

Notary, State of WT, County of Brown
	3/717./r
Mycommision expires
Publication Cost:	$174.02

COLO SPRINGS IMPROVEMENT OISTRICT
FISCAL YEAR 2023/2024 REGULAR MEETING SCHEOULES
NOTICE IS HEREBY GIVEN that
the Board of Supervisors of the Cold Springs Improvement District will hold Regular Meetings at 10:00 o.m. in the offices of Gray, Ackerman & Hoines, P.A. located of 211 N.W. 3rd Street, Ocala, Florido 34475, on the following dotes:
October 5, 2023
November 2, 2023
December 7, 2023
January 4, 2024
February 1, 2024
Morch 7, 2024
April .d, 2024
May 2, 202'1
June Ii, 2074
July 11, 202<
August 1, 202.4
September 5, 2024
The purpose of the regular meetings is to conduct any business coming before the Board. Meetings ore open to the public ond will be conducted in occordonce with the provisions of Florida low, Copies of the Agenda for any of the meetings moy be obtained from the District's website or by contoc1ing the District Manager at 561-630-4922 ond/or toll free at 1-877-737-4922 five {5) doys prior to the dote of the porticular meeting.
From time to time one or more Supervisors may participote by tele• phone; therefore, a speaker tele• phone will bepresent of the meeting location so that the Supervisors may be fully informed of the discussions toking place. Said meeting(s) may be continued as found necessary to a time and place specified on the record,
If ony person decides to appeal any decision made with respect to any
matter considered at the Regular Meetings, such person will need a record of the proceedings ond such person may need to insure that o verbatim record of the proceedings is mode at his or her own expense and which record includes the testi• many and evidence on which the oppeol is bosed.
In occordonce with the provisions of
the Americans with Disabilities Act, any person requiring special occ□m· modations or an interpreter to Participate at ony of these meetings
should contact the District Manager at 561·630-4922 and/or toll free at l• 877-737-4922 at least seven (7) days prior to the dote of the particular meeting.
Meetings moy be cancelled from time ta time without advertised notice,
COLD SPRINGS IMPROVEMENT DISTRICT
ww-.v.coldspringsid.org

Order No:	9303173

# of Copies:

9303173

Customer No: PO#:

533733	1

THIS IS NOT AN INVOICE!
Please do 1101 use thisformfor payment remittance.

KAITLYN FELTY
Notary Public State of Wisconsin

Page 1 of 1

COLD SPRINGS IMPROVEMENT DISTRICT REGULAR BOARD MEETING
SEPTEMBER 7, 2023

CALL TO ORDER

District Manager Andrew Karmeris called the September 7, 2023, Regular Board Meeting of the Cold Springs Improvement District to order at 10:08 a.m.

PROOF OF PUBLICATION
Proof of publication was presented noting that the notice of the Regular Board Meeting was published in the Star Banner on August 30, 2023, as legally required.
ESTABLISH QUORUM
It was determined that the attendance of Timothy Haines, Patti Haines, Laurie “Chip” Yonge and Neil Kalin constituted a quorum, and that it was in order to proceed with the meeting.
Also in attendance via telephone were District Managers Andrew Karmeris and Peter L. Pimentel of Special District Services, Inc. Attorney Kate Saft, representing one of the major landowners in the District, called into the meeting at 10:15 a.m.

ADDITIONS OR DELETIONS TO THE AGENDA

There were no additions or deletions to the agenda.

COMMENTS FROM THE PUBLIC FOR ITEMS NOT ON THE AGENDA

There were no comments from the Public.

APPROVAL OF MINUTES

SEPTEMBER 1, 2022, REGULAR BOARD MEETING MINUTES

Mr. Karmeris asked if there were any corrections to the September 1, 2022, Regular Board Meeting minutes.

A motion was made by Mr. Kalin, seconded by Mr. Haines and unanimously passed to approve the September 1, 2022, Regular Board Meeting minutes, as presented.

OLD BUSINESS

There was no old business.

COLD SPRINGS IMPROVEMENT DISTRICT REGULAR BOARD MEETING
SEPTEMBER 7, 2023

NEW BUSINESS

Consider Resolution No. 2023- 01
Mr. Karmeris presented and reviewed Resolution No. 2023-01, entitled:
RESOLUTION NO. 2023-01
A RESOLUTION OF THE COLD SPRINGS IMPROVEMENT DISTRICT ADOPTING A FISCAL YEAR 2023/2024 BUDGET

A motion was made by Mr. Yonge, seconded by Mr. Kalin and unanimously passed to adopt Resolution No. 2023-01, as presented.

A question was raised by Mr. Kalin regarding the date for the next Landowner’s meeting. Mr. Pimentel stated that the terms of the expired Board Members are being extended for another year and that a Landowner’s Meeting is planned for October 2024. However, he reported that one of the landowners that recently purchased a large tract of land is not interested in funding the District in the future and that the other landowner that recently purchased a large tract of land may be interested in keeping the District alive. He stated that he has contacted the attorney for that landowner and is waiting for a reply, and that he would notify the Board once he receives a reply.

Consider Resolution No. 2023-02

Mr. Karmeris presented and reviewed Resolution No. 2023-02, entitled:

RESOLUTION NO. 2023-02

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE COLD SPRINGS IMPROVEMENT DISTRICT, ESTABLISHING A REGULAR MEETING SCHEDULE FOR FISCAL YEARS 2022/2023 & 2023/2024 AND SETTING THE TIME AND LOCATION OF SAID DISTRICT MEETINGS; AND PROVIDING AN EFFECTIVE DATE.

A motion was made by Mr. Haines, seconded by Mr. Kalin and unanimously passed to adopt Resolution No. 2023-02, as amended.

COLD SPRINGS IMPROVEMENT DISTRICT REGULAR BOARD MEETING
SEPTEMBER 7, 2023

Consider Resolution No. 2023-03

Mr. Karmeris presented and reviewed Resolution No. 2023-03, entitled:

RESOLUTION NO. 2023-03

A RESOLUTION OF THE COLD SPRINGS IMPROVEMENT DISTRICT ADOPTING A REVISED FISCAL YEAR 2022/2023 BUDGET AND PROVIDING AN EFFECTIVE DATE.

A motion was made by Mr. Haines, seconded by Mr. Yonge and unanimously passed to adopt Resolution No. 2023-03, as presented.

ADMINISTRATIVE MATTERS

There were no administrative matters.

BOARD MEMBERS COMMENTS

Mr. Haines spoke on the merits of keeping the District alive in the event a land developer wishes to purchase land within the District for residential development. Ms. Saft indicated that discussions would take place during the year with the landowner that she represents.

ADJOURN
There being no further business to come before the Board, Chairman Haines adjourned the meeting at 10:22 a.m.

Secretary/Assistant Secretary	Chair/Vice-Chair

RESOLUTION NO. 2024-01

A RESOLUTION OF THE COLD SPRINGS IMPROVEMENT DISTRICT ADOPTING A FISCAL YEAR 2024/2025 BUDGET.

WHEREAS, the Board of Supervisors of the Cold Springs Improvement District (“District”), has prepared a proposed Budget for Fiscal Year 2024/2025; and,

WHEREAS, at a duly advertised meeting, the Board considered the proposed Budget for Fiscal Year 2024/2025.

NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE COLD SPRINGS IMPROVEMENT DISTRICT THAT:

Section 1.	The proposed Budget for Fiscal Year 2024/2025 attached hereto as Exhibit “A” is approved and adopted in final form, and the assessments set forth therein are hereby levied.

Section 2.	The Secretary of the District is authorized to execute any and all necessary transmittals, certifications or other acknowledgements or writings, as necessary, to comply with the intent of this Resolution.

PASSED, ADOPTED and EFFECTIVE this 11th day of July, 2024.

ATTEST:	COLD SPRINGS
IMPROVEMENT DISTRICT

By:			By:		 Secretary/Assistant Secretary			Chairman/Vice Chairman

Cold Springs Improvement District

Final Budget For Fiscal Year 2024/2025
October 1, 2024 - September 30, 2025

CONTENTS

FINAL BUDGET

II	DETAILED FINAL BUDGET

FINAL BUDGET
COLD SPRINGS IMPROVEMENT DISTRICT FISCAL YEAR 2024/2025
OCTOBER 1, 2024 - SEPTEMBER 30, 2025

REVENUES	

FISCAL YEAR 2024/2025
BUDGET	
Developer Contribution	1,680	
Interest Income	5	
		
TOTAL REVENUES	$	1,685	
		
EXPENDITURES		
Supervisor Fees	0	
Engineering/Inspections	0	
Management	1,000	
Legal	0	
Insurance	0	
Legal Advertisements	500	
Miscellaneous	50	
Postage	60	
Office Supplies	75	
Dues & Subscriptions	0	
		
TOTAL EXPENDITURES	$	1,685	
		
EXCES (SHORTFALW	$	

DETAILED FINAL BUDGET
COLD SPRINGS IMPROVEMENT DISTRICT FISCAL YEAR 2024/2025
OCTOBER 1, 2024 - SEPTEMBER 30, 2025

REVENUES	

FISCAL YEAR 2022/2023
ACTUAL	
FISCAL YEAR 2023/2024 BUDGET	
FISCAL YEAR 2024/2025 BUDGET	

COMMENTS	
Developer Contribution	1,000	1,680	1,680	Developer Contribution	
Interest Income	3	5	5		
					
TOTAL REVENUES	$	1,003	$	1,685	$	1,685		
					
EXPENDITURES					
Supervisor Fees	0	0	0		
Engineering/Inspections	0	0	0		
Management	1,000	1,000	1,000	No Change From 2023/2024 Budget	
Legal	0	0	0		
Insurance	0	0	0		
Legal Advertisements	353	500	500	No Change From 2023/2024 Budget	
Miscellaneous	14	50	50	No Change From 2023/2024 Budget	
Postage	1	60	60	No Change From 2023/2024 Budget	
	4	75	75	No Change From 2023/2024 Budget	
Office Sup	ies					
Dues & Subscriptions	0	0	0		
					
TOTAL EXPENDITURES	$	1,372	$	1,685	$	1,685		
					
EXCESS/ (SHORTFALL)	$	(369)	$	-	$		

RESOLUTION NO. 2024-02

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE COLD SPRINGS IMPROVEMENT DISTRICT, ESTABLISHING A REGULAR MEETING SCHEDULE FOR FISCAL YEAR 2024/2025 AND SETTING THE TIME AND LOCATION OF SAID DISTRICT MEETINGS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, it is necessary for the Cold Springs Improvement District ("District") to establish a regular meeting schedule for fiscal year 2024/2025; and

WHEREAS, the Board of Supervisors of the District has set a regular meeting schedule, location and time for District meetings for fiscal year 2024/2025 which is attached hereto and made a part hereof as Exhibit “A”.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE COLD SPRINGS IMPROVEMENT DISTRICT, MARION COUNTY, FLORIDA, AS FOLLOWS:

Section 1.   The above recitals are hereby adopted.

Section 2.  The regular meeting schedule, time and location for meetings for fiscal year 2024/2025 which is attached hereto as Exhibit “A” is hereby adopted and authorized to be published.
PASSED, ADOPTED and EFFECTIVE this 11th day of July, 2024.

ATTEST:	COLD SPRINGS
IMPROVEMENT DISTRICT

By:			By:		 Secretary/Assistant Secretary			Chairperson/Vice Chairperson

COLD SPRINGS IMPROVEMENT DISTRICT FISCAL YEAR 2024/2025 REGULAR MEETING SCHEDULES

NOTICE IS HEREBY GIVEN that the Board of Supervisors of the Cold Springs Improvement District will hold Regular Meetings at 10:00 a.m. in the offices of Gray, Ackerman & Haines,
P.A. located at 211 N.W. 3rd Street, Ocala, Florida 34475, on the following dates:

October 3, 2024
November 7, 2024
December 5, 2024
January 9, 2025
February 6, 2025
March 6, 2025
April 3, 2025
May 1, 2025
June 5, 2025
July 10, 2025
August 7, 2025
September 4, 2025

The purpose of the regular meetings is to conduct any business coming before the Board. Meetings are open to the public and will be conducted in accordance with the provisions of Florida law. Copies of the Agenda for any of the meetings may be obtained from the District’s website or by contacting the District Manager at 561-630-4922 and/or toll free at 1-877-737- 4922 five (5) days prior to the date of the particular meeting.

From time to time one or more Supervisors may participate by telephone; therefore, a speaker telephone will be present at the meeting location so that the Supervisors may be fully informed of the discussions taking place. Said meeting(s) may be continued as found necessary to a time and place specified on the record.

If any person decides to appeal any decision made with respect to any matter considered at the Regular Meetings, such person will need a record of the proceedings and such person may need to insure that a verbatim record of the proceedings is made at his or her own expense and which record includes the testimony and evidence on which the appeal is based.

In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accommodations or an interpreter to participate at any of these meetings should contact the District Manager at 561-630-4922 and/or toll free at 1-877-737-4922 at least seven (7) days prior to the date of the particular meeting.

Meetings may be cancelled from time to time without advertised notice.

COLD SPRINGS IMPROVEMENT DISTRICT

www.coldspringsid.org

PUBLISH: OCALA STAR-BANNER	00/00/2024

RESOLUTION NO. 2024-03

A RESOLUTION OF THE COLD SPRINGS IMPROVEMENT DISTRICT ADOPTING A REVISED FISCAL YEAR 2023/2024 BUDGET: AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Board of Supervisors of the Cold Springs Improvement District (hereinafter called District) is empowered to impose special assessments upon the properties within the District; and,

WHEREAS, the District has prepared a revised fiscal year 2023/2024 budget.

NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE COLD SPRINGS IMPROVEMENT DISTRICT THAT:

Section 1.  The Revised Budget for Fiscal Year 2023/2024 attached hereto as Exhibit “A” is hereby approved and adopted.

Section 2.  The Secretary/Assistant Secretary of the District is authorized to execute any and all necessary transmittals, certifications or other acknowledgements or writings, as necessary, to comply with the intent of this Resolution.

PASSED, ADOPTED and EFFECTIVE this 11th day of July, 2024.

ATTEST:	COLD SPRINGS
IMPROVEMENT DISTRICT

By:			By:		 Secretary/Assistant Secretary			Chairperson/Vice Chairperson

Cold Springs Improvement District

Amended Final Budget For Fiscal Year 2023/2024
October 1, 2023 - September 30, 2024

AMENDED FINAL BUDGET
COLD SPRINGS IMPROVEMENT DISTRICT FISCAL YEAR 2023/2024
OCTOBER 1, 2023 - SEPTEMBER 30, 2024

REVENUES	FISCAL YEAR 2023/2024 BUDGET
10/1/23 - 9/30/24	AMENDED FINAL BUDGET
10/1/23 - 9/30/24	YEAR TO DATE ACTUAL
10/1/23 - 6/30/24	
Developer Contribution	1,680	1,680	0	
Interest Income	5	5	0	
				
Total Revenues	$	1,685	$	1,685	$	
				
EXPENDITURES				
Supervisor Fees	0	0	0	
Engineering/Inspections	0	0	0	
Management	1,000	1,000	0	
Legal	0	0	0	
Insurance	0	0	0	
Legal Advertisements	500	500	0	
Miscellaneous	50	50	0	
Postage	60	35	0	
Office Sup ies	75	50	0	
Dues & Subscriptions	0	0	0	
				
Total Expenditures	$	1,685	$	1,635	$	
				
Net Excess/ (Shortfall)	$	$	50	$	

Fund Balance As Of 9/30/2023	
Projected FY 2023/2024 Activity	
Projected Fund Balance As Of 9/30/2024	

$270	
$50	
$320	

6/28/2024 12:18 PM	Page 14