MINUTES OF MEETING ELEVATION POINTE
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Elevation Pointe Community Development District was held Friday, April 25, 2025 at 9:30 a.m. at the Offices of GMS-NF, LLC, 475 West Town Place, Suite 114, St. Augustine, Florida.

Present and constituting a quorum:
Owais Khanani	Chairman
Maria Rust	Vice Chairperson
Maria Sanchez (MJ)	Appointed as Assistant Secretary Also present were:
Jeremy LeBrun	District Manager, GMS
Jonathan Johnson by phone	District Counsel, Kutak Rock

FIRST ORDER OF BUSINESS	Roll Call
Mr. LeBrun called the meeting to order and called the roll. Three Supervisors were present constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
Mr. LeBrun noted that only Board members and staff were present at the meeting.

THIRD ORDER OF BUSNESS	Organizational Matters
Administration of Oaths of Office to Newly Elected Supervisors
Mr. LeBrun stated Ms. Sanchez was sworn in prior to the meeting.

Consideration of Resolution 2025-01 Canvassing and Certifying the Results of the
Landowners’ Election
Mr. LeBrun stated this resolution will certify the results of the landowner’s election that
was held in November 2024.

On MOTION by Mr. Owais Khanani, seconded by Ms. Rust, with all in favor, Resolution 2025-01, Canvassing and Certifying the Results of the Landowner’s Election, was approved.

Election of Officers
Mr. LeBrun stated currently Owais Khanani is Chair and Maria Rust is Vice Chair.

Consideration of Resolution 2025-02 Electing Officers
Mr. LeBrun stated this resolution allows the Board to make changes to the slate of officers and add Ms. Sanchez as an officer. Mr. Owais Khanani made a motion to keep the officers the same.

On MOTION by Mr. Owais Khanani, seconded by Ms. Rust, with all in favor, Resolution 2025-02 keeping Officers as is, was approved.

FOURTH ORDER OF BUSNESS	Approval of Minutes of September 27,
2024 Board of Supervisors Meeting and Acceptance of Minutes of the November 5, 2024 Landowners’ Meeting
Mr. LeBrun presented the minutes of the September 27, 2024 Board of Supervisors meeting and the November 5, 2024 Landowner’s meeting. He asked for any comments or corrections to the minutes. The Board had no changes to the minutes.

On MOTION by Mr. Owais Khanani, seconded by Ms. Rust, with all in favor, Approval of the Minutes of the September 27, 2024 Board of Supervisors Meeting and Acceptance of the November 5, 2024 Landowner’s Meeting, were approved.

FIFTH ORDER OF BUSNESS	Consideration	of	Resolution	2025-03
Amending the Fiscal Year 2025 Budget
Mr. LeBrun stated there was a request to amend the budget to have no maintenance be
performed. These assessments will be switched to the “admin-only” section.

On MOTION by Mr. Owais Khanani, seconded by Ms. Rust, with all in favor, Resolution 2025-03 Amending the Fiscal Year 2025 Budget, was approved.

SIXTH ORDER OF BUSNESS	Consideration	of	Resolution	2025-04
Approving the Proposed Fiscal Year 2026 Budget and Setting a Public Hearing
Mr. LeBrun presented the resolution and the proposed budget to the Board. He noted the Fiscal Year 2026 will start on October 1, 2025 and the public hearing will be included in their July meeting. Mr. LeBrun stated on page 33 of the agenda package is the General Fund for FY26. He noted there was a slight increase in the budget due to inflation and rising costs.
Mr. Owais Khanani asked if budgets typically stay the same every year. Mr. LeBrun stated they typically grow as the communities grow.
Mr. LeBrun stated that starting on page 35 is an explanation of each line item. He noted they can still make changes until the public hearing; however, they cannot add anything once this is approved. He explained part of the Debt Services will have to be maintained throughout the fiscal year.

On MOTION by Mr. Owais Khanani, seconded by Ms. Rust, with all in favor, Resolution 2024-04, Approving the Proposed Fiscal Year 2026 Budget and Setting a Public Hearing, was approved.

SEVENTH ORDER OF BUSNESS	Ratification of Series 2022 Requisitions
#138-144
Mr. LeBrun stated these requisitions were already approved and they just needed ratifying.

On MOTION by Mr. Owais Khanani, seconded by Ms. Rust, with all in favor, the Series 2022 Requisitions #138-144, were ratified.

EIGHTH ORDER OF BUSINESS	Staff Reports
Attorney
Mr. Johnson had nothing specific to report.

Engineer
Mr. LeBrun stated the engineer was not present in the meeting today.

District Manager’s Report
Balance Sheet and Income Statement
Mr. LeBrun presented the unaudited financials through March 31, 2025. No action required by the Board.

Consideration of Funding Requests #51-53
Mr. LeBrun presented funding requests #51-53 and asked for Board approval.

On MOTION by Mr. Owais Khanani, seconded by Ms. Rust, with all in favor, Funding Requests #51-53, were approved.

NINTH ORDER OF BUSINESS	Other Business
There being no comments, the next item followed.

TENTH ORDER OF BUSINESS	Supervisors Requests
There being no comments, the next item followed.

ELEVENTH ORDER OF BUSINESS	Next Meeting Date – May 23, 2025
Mr. LeBrun stated the next scheduled meeting is May 23, 2025, at the same time and same location.

TWELFTH ORDER OF BUSINESS	Adjournment
Mr. LeBrun adjourned the meeting.

On MOTION by Mr. Owais Khanani, seconded by Ms. Rust with all in favor, the meeting was adjourned.

Secretary/Assistant Secretary	Chairman/Vice Chairman