Elevation Pointe Community Development District Agenda October 24, 2025 October 17, 2025 Board of Supervisors Elevation Pointe Community Development District Dear Board Members: The regular meeting of the Board of Supervisors of Elevation Pointe Community Development District will be held Friday, October 24, 2025 at 9:30 AM at the Offices of GMS-NF, LLC, 475 West Town Place, Suite 114, St. Augustine, Florida 32092. Following is the advance agenda for the meeting: 1. Roll Call 2. Public Comment Period 3. Organizational Matters A. Acceptance of Resignation of Maria Rust in Seat #3 B. Appointment of Individual to Fulfill Board Vacancy in Seat #3 with a Term Ending November 2026 C. Administration of Oath of Office to Newly Appointed Board Member D. Consideration of Resolution 2026-01 Electing Officers 4. Approval of Minutes of August 22, 2025 Board of Supervisors Meeting 5. Consideration of Resolution 2026-02 Amending Resolutions 2024-08 and 2025-07 6. Consideration of Resolution 2026-03 Amending the Fiscal Year 2025 Budget 7. Ratification of Series 2022 Requisitions #152-153 8. Staff Reports A. Attorney B. Engineer C. District Manager’s Report i. Balance Sheet and Income Statement 9. Other Business 10. Supervisors Requests 11. Next Meeting Date – December 5, 2025 12. Adjournment The balance of the agenda will be discussed at the meeting. In the meantime, if you should have any questions, please do not hesitate to contact me. Sincerely, Jeremy LeBrun Jeremy LeBrun District Manager RESOLUTION 2026-01 A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE ELEVATION POINTE COMMUNITY DEVELOPMENT DISTRICT ELECTING THE OFFICERS OF THE DISTRICT AND PROVIDING FOR AN EFFECTIVE DATE WHEREAS, the Elevation Pointe Community Development District (the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes; and WHEREAS, the Board of Supervisors of the District (the “Board”) desires to elect the Officers of the District. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE ELEVATION POINTE COMMUNITY DEVELOPMENT DISTRICT: Section 1. The following persons are elected to the offices shown: Chairman ________________________ Vice Chairman ________________________ Secretary ________________________ Assistant Secretary ________________________ Assistant Secretary ________________________ Assistant Secretary ________________________ Assistant Secretary ________________________ Treasurer ________________________ Assistant Treasurer ________________________ Assistant Treasurer ________________________ Section 2. This Resolution shall become effective immediately upon its adoption. PASSED AND ADOPTED this 24th day of October, 2025. ATTEST: ELEVATION POINTE COMMUNITY DEVELOPMENT DISTRICT _________________________________ ____________________________________ Secretary/Assistant Secretary Chairman/Vice Chairman 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, August 22, 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 Jawaad Khanani Assistant Secretary Maria Sanchez (MJ) Assistant Secretary Also present were: Jeremy LeBrun District Manager, GMS Wes Haber by phone District Counsel, Kutak Rock Brian Dietsch by phone District Engineer 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 BUSINESS Approval of Minutes of April 25, 2025 Board of Supervisors Meeting Mr. LeBrun presented the minutes of the April 25, 2025, Board of Supervisors meeting. He asked for any comments or corrections to the minutes. The Board had no changes. On MOTION by Mr. Owais Khanani, seconded by Mr. Jawaad Khanani, with all in favor, the Minutes of April 25, 2025 Board of Supervisors Meeting, were approved. FOURTH ORDER OF BUSINESS Consideration of Resolution 2025-05 Ratifying Actions in Resetting the Public Hearing Mr. LeBrun stated that Resolution 2025-05 was approved to ratify prior actions and reset the public hearing date since the last meeting had been canceled and rescheduled. On MOTION by Mr. Owais Khanani, seconded by Mr. Jawaad Khanani, with all in favor, Resolution 2025-05 Ratifying Actions in Resetting the Public, was approved. FIFTH ORDER OF BUSINESS Public Hearing Mr. LeBrun asked for a motion to open the public hearing. On MOTION by Mr. Owais Khanani, seconded by Mr. Jawaad Khanani, with all in favor, Opening the Public Hearing, was approved. A. Consideration of Resolution 2025-06 Adopting the Fiscal Year 2026 Budget and Relating to the Annual Appropriations Mr. LeBrun stated that no members of the public attended the hearing. He added that the Board reviewed Resolution 2025-06 to adopt the Fiscal Year 2026 budget. It was noted that the budget looked very similar to the current year, with revenues and expenditures laid out starting on page 19. Mr. LeBrun noted that the revenues come mainly from assessments, with a small developer contribution available if needed. He noted that the narrative on page 21 explained the line items, and debt service information was included. With no questions, the Board moved to adopt the resolution. On MOTION by Mr. Owais Khanani, seconded by Mr. Jawaad Khanani, with all in favor, Resolution 2025-06 Adopting the Fiscal Year 2026 Budget and Relating to the Annual Appropriations, was approved. B. Consideration of Resolution 2025-07 Imposing Special Assessments and Certifying an Assessment Roll Mr. LeBrun stated Resolution 2025-07 was the tool to fund the newly adopted budget, with the assessment roll attached as an exhibit. On MOTION by Mr. Owais Khanani, seconded by Mr. Jawaad Khanani, with all in favor, Resolution 2025-07 Imposing Special Assessments and Certifying an Assessment Roll, was approved. C. Consideration of Fiscal Year 2026 Developer Funding Agreement Mr. LeBrun stated that they had discussed the draft developer funding agreement, which was basically the same as last year. Mr. LeBrun clarified that the O&M wouldn’t start until assets were turned over. A Board member mentioned receiving an O&M invoice, but their office had already told GMS it wasn’t due yet. Mr. LeBrun said that they would follow up on it. On MOTION by Mr. Owais Khanani, seconded by Mr. Jawaad Khanani, with all in favor, the Fiscal Year 2026 Developer Funding Agreement was approved. Mr. LeBrun asked for a motion to close the public hearing. On MOTION by Mr. Owais Khanani, seconded by Ms. Rust, with all in favor, Closing the Public Hearing was approved. SIXTH ORDER OF BUSINESS Consideration of Auditing Services Agreement with Grau & Associates for Fiscal Year 2025 Mr. LeBrun stated that the Board had acknowledged that CDDs must do an independent audit each year and noted that Grau & Associates had already been selected. They approved authorizing the firm to start the Fiscal Year 2025 audit. On MOTION by Mr. Owais Khanani, seconded by Mr. Jawaad Khanani, with all in favor, the Auditing Services Agreement with Grau & Associates for Fiscal Year 2025, was approved. SEVENTH ORDER OF BUSINESS Review and Acceptance of Fiscal Year 2024 Audit Report Mr. LeBrun went over last year’s audit, and the auditor’s letter on page 72 said the District had complied with all requirements for the year ending September 30, 2024. Mr. LeBrun noted that it was a clean audit, and since there weren’t any questions, they asked for a motion to accept it. On MOTION by Mr. Owais Khanani, seconded by Mr. Jawaad Khanani, with all in favor, Accepting the Fiscal Year 2024 Audit Report, was approved. EIGHTH ORDER OF BUSINESS District Goals and Objectives A. Adoption of Fiscal Year 2026 Goals and Objectives Mr. LeBrun stated that the Board had adopted the Fiscal Year 2026 goals and objectives, which were identical to the prior year’s goals since the legislative requirement remained in effect. On MOTION by Mr. Owais Khanani, seconded by Mr. Jawaad Khanani, with all in favor, the Adoption of Fiscal Year 2026 Goals and Objectives was approved. B. Presentation of Fiscal Year 2025 Goals and Objectives and Authorizing Chair to Execute Mr. LeBrun stated that the Board had completed the Fiscal Year 2025 goals and authorized the chair to sign off once the fiscal year ended, confirming they would be posted on the website. On MOTION by Mr. Owais Khanani, seconded by Mr. Jawaad Khanani, with all in favor, Fiscal Year 2025 Goals and Objectives and Authorizing Chair to Execute was approved. NINTH ORDER OF BUSINESS Ratification of Series 2022 Requisitions #145-151 Mr. LeBrun stated that they had ratified Series 2022 Requisitions #145 through #151 that staff had already approved and paid. Staff reports were given, with no questions for the engineer, who noted roadway construction was nearing completion. On MOTION by Mr. Owais Khanani, seconded by Mr. Jawaad Khanani, with all in favor, the Series 2022 Requisitions #145 - #151, were ratified. TENTH ORDER OF BUSINESS Staff Reports A. Attorney Mr. Haber had nothing specific to report. B. Engineer Mr. Dietsch stated that the roadway construction was nearing completion. There were no other questions. C. District Manager’s Report i. Balance Sheet and Income Statement ii. Consideration of Funding Requests #54 iii. Presentation of Number of Registered Voters – 0 iv. Approval of Fiscal Year 2026 Meeting Schedule Mr. LeBrun presented the unaudited financials through July 31, 2025. No action required by the Board. Mr. LeBrun presented funding requests #54 and asked for Board approval. On MOTION by Mr. Owais Khanani, seconded by Mr. Jawaad Khanani , with all in favor, Funding Request #54 was approved. Mr. LeBrun stated that as of April 15, 2025, there were no registered voters. Mr. LeBrun stated that the Board had reviewed the proposed FY 2026 meeting schedule, which had agreed to keep the 9:30 a.m. start time, moved the November meeting from Thanksgiving, and deleted the December 26th meeting. The revised schedule was approved. On MOTION by Mr. Owais Khanani, seconded by Ms. Rust, with all in favor, the Fiscal Year 2026 Meeting Schedules, was approved as amended. ELEVENTH ORDER OF BUSINESS Other Business There being no comments, the next item followed. TWELFTH ORDER OF BUSINESS Supervisors' Requests There being no comments, the next item followed. THIRTEENTH ORDER OF BUSINESS Next Meeting Date – September 26, 2025 Mr. LeBrun stated that the next meeting is scheduled for September 26, 2025, at the same time and exact location. FOURTEENTH ORDER OF BUSINESS Adjournment Mr. LeBrun stated that no further business, the meeting was adjourned. On MOTION by Mr. Owais Khanani, seconded by Mr. Jawaad Khanani, with all in favor, the meeting was adjourned. Secretary/Assistant Secretary Chairman/Vice Chairman RESOLUTION 2026-02 A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE ELEVATION POINTE COMMUNITY DEVELOPMENT DISTRICT AMENDING RESOLUTION 2024-08 AND 2025-07, WHICH LEVIED AND IMPOSED SPECIAL ASSESSMENTS FOR SPECIFIED FISCAL YEARS; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the Elevation Pointe Community Development District (“District”) previously adopted Resolution 2025-07 and 2024-08 (the “Assessment Resolutions”), which each made a determination of benefit and imposed special assessments for their respective fiscal years, provided for collection and enforcement, certified an assessment roll, and provided for amendments to the assessment roll; and WHEREAS, the District’s Board of Supervisors desires to amend the Assessment Resolutions to amend the provisions related to the levy and direct collection of the operations and maintenance assessments, as authorized and set forth by Section 4 of each of the Assessment Resolutions. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE ELEVATION POINTE COMMUNITY DEVELOPMENT DISTRICT: SECTION 1. AFFIRMATION AND CONFLICTS. Except as amended herein, each of the Assessment Resolutions is affirmed and all provisions therein remain in full force and effect except as explicitly provided herein. SECTION 2. Section 4 for each of the Assessment Resolutions is hereby replaced in its entirety by the following: 4. COLLECTION AND ENFORCEMENT; PENALTIES; INTEREST. Pursuant to Chapter 190, Florida Statutes, the District is authorized to collect and enforce the Assessments as set forth below. a. Direct Bill Assessments. To the extent indicated in Exhibit A and Exhibit B, those certain O&M Assessments (if any) and/or Debt Assessments (if any) imposed on “Direct Collect Property” identified in Exhibit B shall be collected directly by the District in accordance with Florida law, as set forth in Exhibit A and Exhibit B. The District’s Board finds and determines that such collection method is an efficient method of collection for the Direct Collect Property. i. Due Date (O&M Assessments). O&M Assessments directly collected by the District shall be based upon actual expenditures, and due and payable on the dates set forth in the invoices prepared by the District Manager, but no earlier than October 1st and no later than September 30th of the fiscal year. ii. Due Date (Debt Assessments). Debt Assessments directly collected by the District shall be due and payable in full on December 1; provided, however, that, to the extent permitted by law, the Debt Assessments due may be paid in several partial, deferred payments and according to the following schedule: 1) for Series 2022A-1 Assessments, 64% due no later than April 1 and 36% due no later than September 1 and 2) for Series 2022A-2 Assessments, 50% due no later than April 1, and 50% due no later than September 1. iii. In the event that an Assessment payment is not made in accordance with the schedule(s) stated above, the whole of such Assessment, including any remaining partial, deferred payments for the Fiscal Year: shall immediately become due and payable; shall accrue interest, penalties in the amount of one percent (1%) per month, and all costs of collection and enforcement; and shall either be enforced pursuant to a foreclosure action, or, at the District’s sole discretion, collected pursuant to the Uniform Method on a future tax bill, which amount may include penalties, interest, and costs of collection and enforcement. Any prejudgment interest on delinquent Assessments shall accrue at the rate of any bonds secured by the Assessments, or at the statutory prejudgment interest rate, as applicable. In the event an Assessment subject to direct collection by the District shall be delinquent, the District Manager and District Counsel, without further authorization by the Board, may initiate foreclosure proceedings pursuant to Chapter 170, Florida Statutes, or other applicable law to collect and enforce the whole Assessment, as set forth herein. b. Future Collection Methods. The District’s decision to collect Assessments by any particular method – e.g., on the tax roll or by direct bill – does not mean that such method will be used to collect special assessments in future years, and the District reserves the right in its sole discretion to select collection methods in any given year, regardless of past practices. SECTION 3. 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. SECTION 4. EFFECTIVE DATE. This Resolution shall take effect upon the passage and adoption of this Resolution by the Board. PASSED AND ADOPTED this 24th day of October, 2025. ATTEST: ELEVATION POINTE COMMUNITY DEVELOPMENT DISTRICT _____________________________ Secretary / Assistant Secretary Chair / Vice Chair, Board of Supervisors RESOLUTION 2026-03 A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE ELEVATION POINTE COMMUNITY DEVELOPMENT DISTRICT APPROVING AMENDEDMENTS TO THE GENERAL FUND BUDGET FOR FISCAL YEAR 2025 AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, pursuant to Resolution 2024-07 the Elevation Pointe Community Development District Board of Supervisors (the “Board”) adopted a General Fund Budget for Fiscal Year 2025; and WHEREAS, the Board previously amended the General Fund Budget for Fiscal Year 2025 pursuant to Resolution 2025-03; and WHEREAS, the Board desires to amend the budgeted revenues and expenditures approved for Fiscal Year 2025. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE ELEVATION POINTE COMMUNITY DEVELOPMENT DISTRICT: 1. The General Fund Budget for Fiscal Year 2025 is hereby amended and restated as set forth on the Fiscal Year 2025 Budget attached hereto as “Exhibit A”. 2. This Resolution shall take effect immediately upon adoption and be reflected in the monthly and Fiscal Year End 9/30/2025 Financial Statements and Audit Report of the District. PASSED AND ADOPTED this 24th day of October, 2025. ATTEST: ELEVATION POINTE COMMUNITY DEVELOPMENT DISTRICT _____________________________ _____________________________ Secretary/Assistant Secretary Chairman/Vice Chairman