SEAGROVE COMMUNITY DEVELOPMENT
DISTRICT

ST. LUCIE COUNTY SPECIAL BOARD MEETING JUNE 12, 2026
6:00 P.M.

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

AGENDA SEAGROVE
COMMUNITY DEVELOPMENT DISTRICT
Special District Services, Inc.
10521 SW Village Center Dr, Suite 203 Port St. Lucie, FL 34987
Conference Call Info Call In: (800) 743-4099
Passcode: 4394800
SPECIAL BOARD MEETING
June 12, 2026
6:00 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
January 30, 2026 Regular Board Meeting Minutes…	Page 2
Old Business
New Business
Consider Resolution No. 2026-03 – Adopting a Fiscal Year 2026/2027 Proposed Budget. Page 5
Administrative and Operational Matters
Board Members & Staff Closing Comments
Adjourn

Publication Date 2026-06-05

Subcategory Miscellaneous Notices

NOTICE OF SPECIAL MEETING OF SEAGROVE COMMUNITY DEVELOPMENT DISTRICT
NOTICE IS HEREBY GIVEN that a Special Meeting of the Seagrove Community Development District will be held at 6:00 p.m. on June 12, 2026, at the Tradition Management Offices located at 10521 SW Village Center Drive, Suite 203, Port St. Lucie, Florida 34986. The purpose of the Special Meeting is to consider the adoption of the Fiscal Year 2026/2027 Proposed Budget, to set a public hearing for the Fiscal Year 2026/2027 Final Budget and to conduct any and all other business coming before the Board.
Said meeting may be continued as found necessary to a time and date specified on the record.
A copy of the Agenda for this meeting may be obtained by contacting Special District Services, Inc. at 561-630-4922 and/or toll free at 1-877-737-4922 at least five (5) days prior to the date of the meeting.
If any person decides to appeal any decision made with respect to any matter considered at this meeting, such person will need a record of the proceeding and such person may need to ensure that a verbatim record of the proceeding 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 this meeting should contact Special District Services, Inc. at 561-630-4922 and/or toll free at 1-877-737-4922 at least seven (7) days prior to the date of the meeting.
Meetings may be cancelled from time to time without advertisement. Seagrove Community
Development District
PUBLISH: ST. LUCIE NEWS TRIBUNE 06/05/26 #12390240

SEAGROVE COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING
JANUARY 30, 2026

CALL TO ORDER
District Manager Frank Sakuma called the Regular Board Meeting of the Seagrove Community Development District (the “District”) to order at 2:11 p.m. at 10521 SW Village Center Dr, Ste 203, Port St. Lucie, Florida 34987.

PROOF OF PUBLICATION
Mr. Sakuma presented proof of publication confirming that the Notice of the Regular Meeting had been published in the St. Lucie News Tribune on October 17, 2025, as part of the District’s Fiscal Year 2025/2026 Meeting Schedule, as legally required.

ESTABLISH QUORUM
A quorum was established with the presence of the following Board Members:

Chairman: Gregory Pettibon (Present)
Supervisor: April Parker (Present)
Supervisor: Jared Shaver (Present) Also in attendance were:
District Manager: Frank Sakuma, Special District Services, Inc.
District Manager: Stephanie Brown, Special District Services, Inc.
District Counsel: Ginger E. Wald (via phone), Billing, Cochran
District Engineer: Tim Foster (via phone), Caufield & Wheeler
ACCEPT RESIGNATION OF CHRIS CUTLER
A motion was made by Mr. Pettibon, seconded by Mr. Shaver accepting the resignation of Chris Cutler. The motion passed unanimously.
Mr. Pettibon nominated Bojana Brown to the vacant Board seat.

A motion was made by Mr. Shaver, seconded by Ms. Parker appointing Ms. Brown to the Seagrove Community Development District Board of Supervisors. The motion passed unanimously.

ADDITIONS OR DELETIONS TO AGENDA

There were no additions or deletions to the agenda.

COMMENTS FROM THE PUBLIC FOR ITEMS NOT ON THE AGENDA

There were no public comments.

APPROVAL OF MINUTES

1. May 30, 2025, Regular Board Meeting & Public Hearing Minutes

A motion was made by Mr. Pettibon, seconded by Mr. Shaver approving the May 30, 2025, Regular Board Meeting and Public Hearing minutes, as presented. The motion passed unanimously.

OLD BUSINESS
There were no Old Business items to discuss.

NEW BUSINESS

Consider Resolution No. 2026-01 Adopting a Fiscal Year 2024/2025 Amended Budget
Resolution No. 2026-01 was presented, entitled:
RESOLUTION NO. 2026-01

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE SEAGROVE COMMUNITY DEVELOPMENT DISTRICT AUTHORIZING AND ADOPTING AN AMENDED FINAL FISCAL YEAR 2024/2025 BUDGET (“AMENDED BUDGET”), PURSUANT TO CHAPTER 189, FLORIDA STATUTES; AND PROVIDING AN EFFECTIVE DATE.

A motion was made by Mr. Pettibon, seconded by Mr. Shaver adopting Resolution No. 2026-01, Adopting an Amended Final Fiscal Year 2024/2025 Budget, as presented. The motion passed unanimously.

Consider Resolution No. 2026-02 Goals and Objectives Annual Report

Resolution No. 2026-02 was presented, entitled:
RESOLUTION NO. 2026-02

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE SEAGROVE COMMUNITY DEVELOPMENT DISTRICT ADOPTING AN ANNUAL REPORT OF GOALS, OBJECTIVES, AND PERFORMANCE MEASURES AND STANDARDS; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

A motion was made by Mr. Pettibon, seconded by Mr. Shaver adopting Resolution 2026-02 Adopting an Annual Report of Goals, Objectives, and Performance Measures and Standards, as presented. The motion passed unanimously.

Ms. Wald advised that the Board needed to adopt goals, objectives, and performance measures and standards for the current fiscal year.

A motion was made by Mr. Pettibon, seconded by Mr. Shaver adopting the annual goals, objectives, and performance measures and standards from the previous fiscal year for fiscal year 2025-2026. The motion passed unanimously.

Discussion of Pending WAWA Construction

After Board discussion, a motion was made by Mr. Pettibon, seconded by Mr. Shaver authorizing the Chair/Vice Chair to execute the WAWA Easement Agreement upon review by the District Engineer and District Counsel. The motion passed unanimously.
ADMINISTRATIVE MATTERS
Mr. Sakuma reminded the Board that the Form 1 – Statement of Financial Interests must be submitted by July 1, 2026.
BOARD MEMBERS & STAFF CLOSING COMMENTS
There were no additional comments from Board Members or staff.
ADJOURNMENT
With no further business to address, the Regular Board Meeting was adjourned at 2:35 p.m. by Chairman Pettibon. There were no objections.

Secretary	Chairperson

RESOLUTION NO. 2026-03

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE SEAGROVE COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2026/2027; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Board of Supervisors (“Board”) of the Seagrove Community Development District (“District”) is required by Chapter 190.008, Florida Statutes, to approve a Proposed Budget for each fiscal year; and,

WHEREAS, the Proposed Budget including the Assessments for Fiscal Year 2026/2027 has been prepared and considered by the Board.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE SEAGROVE COMMUNITY DEVELOPMENT DISTRICT THAT:

Section 1.  The Proposed Budget including the Assessments for Fiscal Year 2026/2027 attached hereto as Exhibit “A” is approved and adopted.

Section 2.  A Public Hearing is hereby scheduled for 	, 2026 at 	a.m./p.m. in the Special District Services, Inc., Tradition Management Offices, 10521 SW Village Center Drive, Suite 203, Port St. Lucie, FL 34987, for the purpose of receiving public comments on the Proposed Fiscal Year 2026/2027 Budget.

PASSED, ADOPTED and EFFECTIVE this 12th day of June, 2026.

ATTEST:	SEAGROVE
COMMUNITY DEVELOPMENT DISTRICT

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

Seagrove
Community Development District

Proposed Budget For Fiscal Year 2026/2027
October 1, 2026 - September 30, 2027

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

DETAILED PROPOSED DEBT SERVICE FUND BUDGET

ASSESSMENT COMPARISON

PROPOSED BUDGET
SEAGROVE COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

REVENUES	
FISCAL YEAR 2026/2027
BUDGET	
O&M Assessments	104,511	
Developer Contribution - O&M	0	
Developer Contribution - Debt	0	
Debt Assessments	1,105,407	
Interest Income	780	
TOTAL REVENUES	$	1,210,698	
		
EXPENDITURES		
Administrative Expenditures		
Supervisor Fees	0	
Management	38,040	
Legal	13,000	
Assessment Roll	7,500	
Audit Fees	4,700	
Arbitrage Rebate Fee	650	
Insurance	6,100	
Legal Advertisements	1,750	
Miscellaneous	700	
Postage	200	
Office Supplies	500	
Dues & Subscriptions	175	
Trustee Fees	4,500	
Dissemination Services	2,500	
Continuing Disclosure Fee	500	
Total Administrative Expenditures	$	80,815	
		
Maintenance Expenditures		
Engineering/Inspections	3,000	
Miscellaneous Maintenance	500	
Total Maintenance Expenditures	$	3,500	
		
TOTAL EXPENDITURES	$	84,315	
		
REVENUES LESS EXPENDITURES	$	1,126,383	
		
Bond Payments	(1,039,083)	
		
BALANCE	$	87,300	
		
County Property Appraiser Fee	(23,724)	
County Tax Collector Fee	(23,724)	
Discounts For Early Payments	(47,447)	
		
EXCESS/ (SHORTFALL)	$	(7,595)	
		
Carryover From Prior Year	7,595	
		
NET EXCESS/ (SHORTFALL)	$	-	

DETAILED PROPOSED BUDGET
SEAGROVE COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

REVENUES	
FISCAL YEAR 2024/2025
ACTUAL	
FISCAL YEAR 2025/2026
BUDGET	
FISCAL YEAR 2026/2027
BUDGET	

COMMENTS	
O&M Assessments	0	104,563	104,511	Expenditures Less Interest/.94	
Developer Contribution - O&M	68,683	0	0		
Developer Contribution - Debt	647,073	0	0		
Debt Assessments	0	1,105,407	1,105,407	Bond Payments/.94	
Interest Income	1,509	480	780	Projected At $65 Per Month	
TOTAL REVENUES	$	717,265	$	1,210,450	$	1,210,698		
					
EXPENDITURES					
Administrative Expenditures					
Supervisor Fees	0	0	0		
Management	36,000	37,044	38,040	CPI Adjustment	
Legal	8,736	25,000	13,000	FY 25/26 Expenditure Through Jan 2025 Was $3,677	
Assessment Roll	7,500	7,500	7,500	No Change From 2025/2026 Budget	
Audit Fees	4,400	4,600	4,700	Accepted Amount For 2025/2026 Audit	
Arbitrage Rebate Fee	650	650	650	No Change From 2025/2026 Budget	
Insurance	5,200	5,700	6,100	FY 24/25 Expenditure Was $5,512	
Legal Advertisements	565	3,000	1,750	$1,250 Decrease From 2025/2026 Budget	
Miscellaneous	20	1,400	700	$700 Decrease From 2025/2026 Budget	
Postage	128	200	200	No Change From 2025/2026 Budget	
Office Supplies	222	1,500	500	$1,000 Decrease From 2025/2026 Budget	
Dues & Subscriptions	175	175	175	Annual Fee Due Department Of Economic Opportunity	
Trustee Fees	4,246	4,500	4,500	Will Commence In Fiscal Year Following Issuing Of Bond	
Dissemination Services	0	2,500	2,500	Required By Bond Underwriter	
Continuing Disclosure Fee	500	1,000	500	$500 Decrease From 2025/2026 Budget	
Total Administrative Expenditures	$	68,342	$	94,769	$	80,815		
					
Maintenance Expenditures					
Engineering/Inspections	1,855	2,000	3,000	$1,000 Increase From 2025/2026 Budget	
Miscellaneous Maintenance	0	2,000	500	$1,500 Decrease From 2025/2026 Budget	
Total Maintenance Expenditures	$	1,855	$	4,000	$	3,500		
					
TOTAL EXPENDITURES	$	70,197	$	98,769	$	84,315		
					
REVENUES LESS EXPENDITURES	$	647,068	$	1,111,681	$	1,126,383		
					
Bond Payments	(647,073)	(1,039,083)	(1,039,083)	2027 Principal & Interest Payments	
					
BALANCE	$	(5)	$	72,598	$	87,300		
					
County Property Appraiser Fee	0	0	(23,724)	Two Percent Of Total Assessment Roll	
County Tax Collector Fee	0	(24,199)	(23,724)	Two Percent Of Total Assessment Roll	
Discounts For Early Payments	0	(48,399)	(47,447)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	(5)	$	-	$	(7,595)		
					
Carryover From Prior Year	0	0	7,595	Carryover From Prior Year	
					
NET EXCESS/ (SHORTFALL)	$	(5)	$	-	$	-		

DETAILED PROPOSED DEBT SERVICE FUND BUDGET
SEAGROVE COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

REVENUES	

FISCAL YEAR

2024/2025

ACTUAL	

FISCAL YEAR

2025/2026

BUDGET	

FISCAL YEAR

2026/2027

BUDGET	

COMMENTS	

Interest Income	

27,552	

2,000	

2,000	

Projected Interest For 2026/2027	

Developer Contribution	

647,073	

0	

0		

NAV Tax Collection	

0	

1,039,083	

1,039,083	

Maximum Debt Service Collection	

Total Revenues	

$	674,625	

$	1,041,083	

$	1,041,083		

EXPENDITURES					

Principal Payments	

250,000	

260,000	

270,000	

Principal Payment Due In 2027	

Interest Payments	

650,558	

777,751	

766,489	

Interest Payments Due In 2027	

Transfer To Construction Fund	

22,797	

1,500	

1,500		

Bond Redemption	

0	

1,832	

3,094	

Estimated Excess Debt Collections	

Total Expenditures	

$	923,355	

$	1,041,083	

$	1,041,083		

Excess/ (Shortfall)	

$	(248,730)	

$	-	

$	-		

Notes
Capitalized Interest Was Set-Up Through December 2024.

Series 2024 Bond Information

Original Par Amount =	$16,000,000	Annual Principal Payments Due =	June 15th	
Interest Rate =	4.25% - 5.20%	Annual Interest Payments Due =	June 15th & December 15th	
Issue Date =	August 2024			
Maturity Date =

Par Amount As Of 1/1/26 =	June 2054

$15,750,000			

III

Seagrove Community Development District Assessment Comparison

	Fiscal Year	Fiscal Year		Fiscal Year	
	2024/2025	2025/2026		2026/2027	
	Assessment	Assessment		Projected Assessment	
	Before Discount*	Before Discount*		Before Discount*	

O & M Assessment For Townhomes	
$	-	
$	159.64	
$	
159.57	
Debt Assessment For Townhomes	 $	-		 $	1,542.55	$	1,542.55	
Total	$	-	$	1,702.19	$	1,702.12	

O & M Assessment For Single Familys 40'	
$	-	
$	159.64	
$	
159.57	
Debt Assessment For Single Family's 40'	 $	-		 $	1,648.94	$	1,648.94	
Total	$	-	$	1,808.58	$	1,808.51	

O & M Assessment For Single Familys 50'	
$	-	
$	159.64	
$	
159.57	
Debt Assessment For Single Family's 50'	 $	-		 $	1,861.70	$	1,861.70	
Total	$	-	$	2,021.34	$	2,021.27	

* Assessments Include the Following :	 4% Discount for Early Payments
1% County Tax Collector Fee
1% County Property Appraiser Fee

 Community Information:	

Townhomes	306	
Single Family's 40'	74	
Single Family's 50'	275	
Total Units	655