Coastal Ridge Community Development District 475 West Town Place, Suite 114
St. Augustine, Florida 32092 www.coastalridgecdd.com
May 27, 2025

Board of Supervisors Coastal Ridge CDD
Call-in #: 1-877-304-9269; code 6800665

Dear Board Members and Staff:

The Coastal Ridge Community Development District Board of Supervisors Meeting is scheduled for Tuesday, June 3, 2025 at 11:00 a.m. at the eTown Welcome Center, 11003 E-Town Parkway, Jacksonville, Florida.
Following is the agenda for the meeting:
	I.	Call to Order

	I.	Public Comment

	I.	Financing Matters
	A.	Consideration of Supplemental Assessment Resolution 2025-35

	A.	Consideration of True-Up Agreements with TDC LB ER LLC and Kennedy Lewis

	I.	Approval of Minutes
	A.	May 6, 2025 Board of Supervisors Meeting

	A.	May 6, 2025 Audit Committee Meeting

	A.	May 6, 2025 Landowner’s Election

	I.	Consideration of Resolution 2025-36, Designating Officers

	I.	Ratification of the Engagement Letter with Grau & Associates for the Fiscal Year 2025 Audit

	I.	Consideration of Agreement with England Thims & Miller for Professional Engineering Services; Consideration of Work Authorization No. 1
	II.	Discussion of the Fiscal Year 2026 Budget
	III.	Staff Reports
	A.	District Counsel

	A.	District Engineer

	A.	District Manager – Report on the Number of Registered Voters (0)
	II.	Consideration of Funding Request No. 5
	III.	Supervisors’ Requests and Audience Comments
XII  Next Scheduled Meeting – July 1, 2025 at 11:00 a.m. at the eTown Welcome Center
XIII.  Adjournment

THIRD ORDER OF BUSINESS

A.
RESOLUTION 2025-35

A RESOLUTION SETTING FORTH THE SPECIFIC TERMS OF THE COASTAL RIDGE COMMUNITY DEVELOPMENT DISTRICT SPECIAL ASSESSMENT REVENUE BONDS, SERIES 2025; CONFIRMING THE DISTRICT’S PROVISION OF THE PROJECT AND ADOPTING AN ENGINEER’S REPORT; CONFIRMING AND ADOPTING A SUPPLEMENTAL ASSESSMENT REPORT; CONFIRMING, ALLOCATING AND AUTHORIZING THE COLLECTION OF SPECIAL ASSESSMENTS SECURING SERIES 2025 BONDS; PROVIDING FOR THE APPLICATION OF TRUE-UP PAYMENTS; PROVIDING FOR THE SUPPLEMENT TO THE IMPROVEMENT LIEN BOOK; PROVIDING FOR THE RECORDING OF A NOTICE OF SERIES 2025 SPECIAL ASSESSMENTS; PROVIDING FOR CONFLICTS, SEVERABILITY AND AN EFFECTIVE DATE.

WHEREAS, the Coastal Ridge Community Development District (the “District”) has previously indicated its intention to undertake, install, establish, construct or acquire certain public infrastructure improvements within the District, and to finance such improvements through the imposition of special assessments on benefitted property within the District and the issuance of bonds; and

WHEREAS, the District’s Board of Supervisors (the “Board”) has previously adopted, after notice and public hearing, Resolution 2025-28, relating to the imposition, levy, collection and enforcement of such special assessments; and

WHEREAS, pursuant to and consistent with the terms of Resolution 2025-28, this Resolution shall set forth the terms of bonds actually issued by the District, and apply the adopted special assessment methodology to the actual scope of the project to be completed with a series of bonds and the terms of the bond issue; and
WHEREAS, on May 21, 2025, the District entered into a Bond Purchase Agreement whereby it agreed to sell $30,365,000 of its Special Assessment Revenue Bonds, Series 2025 (the “Series 2025 Bonds”); and

WHEREAS, pursuant to and consistent with Resolution 2025-28, the District desires to set forth the particular terms of the sale of the Series 2025 Bonds and confirm the lien of the special assessments securing the Series 2025 Bonds on the lands within the Series 2025 Project within the District.

NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE COASTAL RIDGE COMMUNITY DEVELOPMENT DISTRICT AS FOLLOWS:
SECTION 1. AUTHORITY FOR THIS RESOLUTION. This Resolution is adopted pursuant to the provisions of Florida law, including Chapters 170 and 197, Florida Statutes, and Resolution 2025-28.

SECTION 2. FINDINGS. The Board of Supervisors of the Coastal Ridge Community Development District hereby finds and determines as follows:

	a.	On May 6, 2025, the District, after due notice and public hearing, adopted Resolution 2025-28, which, among other things, equalized, approved, confirmed and levied special assessments on all of the lands within the District benefitting from the infrastructure improvements authorized by the District. That Resolution provided that as each series of bonds was issued to fund all or any portion of the District’s infrastructure improvements within the District, a supplemental resolution would be adopted to set forth the specific terms of the bonds and certifying the amount of the lien of the special assessments securing any portion of the bonds, including interest, costs of issuance, the number of payments due, the True-Up amounts and the application of receipt of True-Up proceeds.

	a.	The Improvement Plan for the Coastal Ridge Community Development District, dated February 21, 2025, which is attached to this Resolution as Exhibit A (the “Engineer’s Report”), identifies and describes the capital infrastructure improvements included within the District’s “Series 2025 Project”, a portion of which project is to be financed with the Series 2025 Bonds. The District hereby confirms that the Series 2025 Project serves a proper, essential and valid public purpose. The Engineer’s Report is hereby confirmed. The District ratifies its use in connection with the sale of the Series 2025 Bonds.

	a.	The Supplemental Special Assessment Methodology Report, dated May 21, 2025, attached to this Resolution as Exhibit B (the “Supplemental Assessment Report”), applies the adopted Master Assessment Methodology Report for the District to the actual terms of the Series 2025 Bonds. The Supplemental Assessment Report is hereby approved, adopted and confirmed. The District ratifies its use in connection with the sale of the Series 2025 Bonds.
	b.	The Series 2025 Project will specially benefit all of the developable acreage within Series 2025 Project. It is reasonable, proper, just and right to assess the portion of the costs of the Series 2025 Project financed, in part, with the Series 2025 Bonds to the specially benefited properties within Series 2025 Project, as set forth in Resolution 2025-28 and this Resolution.

SECTION 3. CONFIRMATION OF MAXIMUM ASSESSMENT LIEN FOR
SERIES 2025 BONDS. As provided in Resolution 2025-28, this Resolution is intended to set forth the terms of the Series 2025 Bonds and the final amount of the lien of the special assessments securing those bonds. The Series 2025 Bonds, in a par amount of $30,365,000 shall bear such rates of interest and maturity as shown on Exhibit C attached hereto. The final payment on the Series 2025 Bonds shall be due on May 1, 2055. The sources and uses of funds of the Series 2025 Bonds shall be as set forth in Exhibit D. The debt service due on the Series 2025 Bonds is set forth on Exhibit E attached hereto. The lien of the special assessments securing the Series 2025 Bonds on
all developable land within Series 2025 Project within the District shall be the principal amount due on the Series 2025 Bonds, together with accrued but unpaid interest thereon, and together with the amount by which annual assessments are grossed up to include early payment discounts required by law and costs of collection. The Series 2025 Bonds are secured solely by the lien against lands within Series 2025 Project within the District.

SECTION 4. ALLOCATION OF ASSESSMENTS SECURING SERIES 2025 BONDS.

	a.	The special assessments for the Series 2025 Bonds shall be allocated in accordance with Exhibit B, which allocation shall initially be on a per acre basis and further allocated as lands are platted. The Supplemental Assessment Report is consistent with the District’s Master Special Assessment Methodology Report. The Supplemental Assessment Report, considered herein, reflects the actual terms of the issuance of the District’s Series 2025 Bonds. The estimated costs of collection of the special assessments for the Series 2025 Bonds are as set forth in the Supplemental Assessment Report.

	a.	The lien of the special assessments securing the Series 2025 Bonds includes all developable land within Series 2025 Project within the District, as such land is ultimately defined and set forth in plats or other designations of developable acreage. To the extent land is added to Series 2025 Project, the District may, by supplemental resolution, determine such land to be benefited by the Series 2025 Project and reallocate the special assessments securing the Series 2025 Bonds and impose special assessments on the newly added and benefited property.

	a.	Taking into account earnings on certain funds and accounts as set forth in the Master Trust Indenture, dated June 1, 2025 and First Supplemental Trust Indenture, dated June 1, 2025 and by and between the District and The Bank of New York Mellon Trust Company, N.A., as trustee, the District shall begin annual collection of special assessments for the Series 2025 Bonds debt service payments using the methods available to it by law. Debt service payments and semi- annual installments of interest are reflected on Exhibit E.
	b.	The District hereby certifies the special assessments for collection and directs staff to take all actions necessary to meet the time and other deadlines imposed by Duval County and Florida law for collection. The District Manager shall prepare or cause to be prepared each year a tax roll for purposes of effecting the collection of the special assessments and present same to the District Board as required by law. The District Manager is further directed and authorized to take all actions necessary to collect any prepayments of debt as and when due and to collect special assessments on unplatted property using methods available to the District authorized by Florida law in order to provide for the timely payment of debt service on the Series 2025 Bonds.

SECTION 5. APPLICATION OF TRUE-UP PAYMENTS. Pursuant to Resolution 2025-28, there may be required from time to time certain True-Up payments. As lands are platted within Series 2025 Project, the special assessments securing the Series 2025 Bonds shall be allocated to the platted lands and the unplatted lands as set forth in Resolution 2025-28, this
Resolution, and the Supplemental Assessment Report, including, without limitation, the application of the True-Up process set forth in Section 8 of Resolution 2025-28. The True-Up calculations will be made in accordance with the process set forth in the Supplemental Assessment Report and be paid upon final platting of all units securing the Series 2025 Bonds. The District shall apply all True-Up payments related to the Series 2025 Bonds only to the credit of the Series 2025 Bonds. All True-Up payments, as well as all other prepayments of assessments, shall be deposited into the accounts specified in the First Supplemental Indenture governing the Series 2025 Bonds.
SECTION 6. IMPROVEMENT LIEN BOOK. Immediately following the adoption of this Resolution these special assessments as reflected herein shall be recorded by the Secretary of the District in the District’s Improvement Lien Book. The special assessment or assessments against each respective parcel shall be and shall remain a legal, valid and binding first lien on such parcel until paid and such lien shall be coequal with the lien of all state, county, district, municipal or other governmental taxes and superior in dignity to all other liens, titles, and claims.

SECTION 7. OTHER PROVISIONS REMAIN IN EFFECT. This Resolution is
intended to supplement Resolution 2025-28, which remains in full force and effect. This Resolution and Resolution 2025-28 shall be construed to the maximum extent possible to give full force and effect to the provisions of each resolution. All District resolutions or parts thereof in actual conflict with this Resolution are, to the extent of such conflict, superseded and repealed.

SECTION 8. ASSESSMENT NOTICE. The District’s Secretary is hereby directed to record a Supplemental Notice of Series 2025 Special Assessments securing the Series 2025 Bonds in the Official Records of Duval County, Florida, or such other instrument evidencing the actions taken by the District.
SECTION 9. SEVERABILITY. If any section or part of a section of this Resolution be declared invalid or unconstitutional, the validity, force and effect of any other section or part of a section of this resolution shall not thereby be affected or impaired unless it clearly appears that such other section or part of a section of this Resolution is wholly or necessarily dependent upon the section or part of a section so held to be invalid or unconstitutional.

SECTION 10. EFFECTIVE DATE. This Resolution shall become effective upon its adoption.

[Signatures on Next Page]
APPROVED and ADOPTED this 3rd day of June, 2025.

ATTEST:	COASTAL RIDGE COMMUNITY DEVELOPMENT DISTRICT

Secretary / Assistant Secretary	Chairperson, Board of Supervisors

Exhibit A:	Improvement Plan for the Coastal Ridge Community Development District, dated February 21, 2025

Exhibit B:	Supplemental Special Assessment Methodology Report, dated May 21, 2025

Exhibit C:	Maturities and Coupon of Series 2025 Bonds
Exhibit D:	Sources and Uses of Funds for Series 2025 Bonds
Exhibit E:	Annual Debt Service Payment Due on Series 2025 Bonds
Exhibit A

Improvement Plan for the Coastal Ridge Community Development District, dated February 21, 2025

IMPROVEMENT PLAN

for the

COASTAL RIDGE COMMUNITY DEVELOPMENT DISTRICT

Prepared for

Board of Supervisors
Coastal Ridge Community Development District

Prepared by

England, Thims & Miller, Inc.
14775 St. Augustine Road Jacksonville, Florida 32258
904-642-8990
20-088-08	February 21, 2025
V6
TABLE OF CONTENTS
Background	3 - 5
Coastal Ridge CDD Summary of Development (Table I)	3 - 4
MASTER INFRASTRUCTURE IMPROVEMENTS	6 - 11
Summary of Master Infrastructure Costs (Table II)	7
Master Infrastructure Improvements
Trading Post Drive, EverRange Pkwy, and Rustic Ridge Ancillary
Roadway Infrastructure, Utilities, Landscape, Hardscape, and Electric	8 - 9
Potential Future Expansion Parcel Roadway Improvements	10
Master Recreation Improvements	10
Basis of Cost Estimates	11
NEIGHBORHOOD INFRASTRUCTURE IMPROVEMENTS	12 - 16
Summary of Neighborhood Infrastructure Costs (Table III)	13
Coastal Ridge CDD Neighborhood Infrastructure Improvements	14 - 15
Basis of Cost Estimates	16
Appendix	17
BACKGROUND
The Coastal Ridge Community Development District (CDD) is a ±1,002.30-acre residential development located in Duval County, Florida. The authorized land uses within the Coastal Ridge CDD may include conservation and residential development as well as open space and recreational amenities. There are ±1,482.98-acres of adjacent lands that may serve as potential future expansion parcels for the Coastal Ridge CDD (See Exhibit 1, Location Map). The full development within the Coastal Ridge CDD boundary will include approximately the number of units listed in Table 1A and for potential future expansion parcels listed in Table 1B. Currently EVRDEV, LLC owns all of the land within the Coastal Ridge Community Development District (CDD). EVRDEV, LLC and Big Creek Timber, LLC owns all of the land within the potential future expansion parcels.
TABLE 1A
COASTAL RIDGE COMMUNITY DEVELOPMENT DISTRICT
SUMMARY OF DEVELOPMENT

	Coastal Ridge CDD		
TYPE	Estimated Units	Estimated Areas	
Residential Development			
	•	Single Family (SF)	1,011 units	295.80 acres	
	•	Townhomes (TH)	90 units	9.50 acres	
Road Rights-of-Way	n/a	96.20 acres	
Parks and Recreation	n/a	4.00 acres	
Wetland/Open Space, Miscellaneous	n/a	596.80 acres	
TOTALS	1,101 units	1,002.30 acres	

Coastal Ridge CDD		
ESTIMATED UNIT TYPE	TOTAL	
TH	90	
SF 40’	107	
SF 50’	387	
SF 60’	416	
SF 70’	72	
SF 80’	29	
TOTALS	1,101	
(Note: Certain land uses may change provided that such changes are consistent with the land use)
TABLE 1B
COASTAL RIDGE COMMUNITY DEVELOPMENT DISTRICT
SUMMARY OF DEVELOPMENT FOR POTENTIAL FUTURE EXPANSION PARCELS

	Potential Future Expansion Parcel 1	Potential Future Expansion Parcel 2			
TYPE	Estimated Units	Estimated Areas	Estimated Units	Estimated Areas	
Residential Development					
	•	Single Family	0 units		933 units	224.20 acres	
	•	Townhomes	142 units	13.30 acres	2,552 units	319.00 acres	
Road Rights-of-Way	n/a	3.10 acres	n/a	148.90 acres	
Parks and Recreation	n/a	0.95 acres	n/a	38.90 acres	
Wetland/Open Space, Miscellaneous	n/a	0.40 acres	n/a	621.99 acres	
TOTALS		17.75 acres		1,352.99 acres	

	Potential Future Expansion Parcel 3		
TYPE	Estimated Units	Estimated Areas	
Residential Development			
	•	Single Family	0 units		
	•	Townhomes	294 units	32.80 acres	
Road Rights-of-Way	n/a	6.87 acres	
Parks and Recreation	n/a	1.80 acres	
Wetland/Open Space, Miscellaneous	n/a	70.77 acres	
TOTALS		112.24 acres	
(Note: Certain land uses may change provided that such changes are consistent with the land use)
To serve the residents of the Coastal Ridge Community Development District, the District has developed the following Improvement Plan to allow it to fund and construct certain utility, transportation and recreational facilities within the District. The Improvement Plan contained in this report reflects the present intentions of the Coastal Ridge Community Development District. The Improvement Plan may be modified in the future.

The Community Development District area may be served by the improvements listed in the “Summary of Master Infrastructure Costs” in Table 2A and for potential future expansion parcels listed in Table 2B. These improvements include improvements associated with the roadway such as ancillary roadway infrastructure, utilities, landscape and irrigation, hardscape, signage, electric, and lighting, as well as recreational facilities, including passive trails throughout the district, that are associated with the Community Development District and a multi-use path along Trading Post Drive, EverRange Parkway and Rustic Ridge Drive. In addition to the master infrastructure, there is additional neighborhood infrastructure that will benefit their respective neighborhoods and these costs are shown in Table 3A and for potential future expansion parcels listed in Table 3B. A description and basis of costs for each improvement is included in the body of this report.

Improvements contemplated in this plan comply with requirements set forth in the City of Jacksonville land use and zoning regulations. All improvements will be located in Duval County.
Permitting for the improvements described in this plan is ongoing. The delineation of jurisdictional wetlands for all land within the Coastal Ridge CDD has been surveyed, reviewed and approved by the St. Johns River Water Management District (SJRWMD). The SJRWMD has approved an Environmental Resource Permit #183922-2 to establish the jurisdictional wetlands, impacts, overall mitigation plan, roadway infrastructure and master stormwater. The Florida Department of Environmental Protection (FDEP) has issued permit #16-0426940-001-SFI.
The City of Jacksonville has issued permits for Trading Post Drive and EverRange Parkway under CDN 10479.00 and CDN 10479.01. The Florida Department of Transportation has issued a permit for drainage under permit 2023-D-00063 and utility permit 2023H-294-00436. Master utility improvements within this report have been designed consistent with JEA utility cost participation policy for the development within Coastal Ridge CDD. There is a reasonable expectation that the permits for the balance of the CDD improvements are obtainable, however, all permits are subject to final engineering and permitting.

Cost estimates contained in this report are based upon year 2025 dollars, and have been prepared based on the best available information and in some cases without the benefit of final engineering design or environmental permitting. England, Thims & Miller, Inc. believes the enclosed estimates to be accurate based upon the available information, however, actual costs will vary based on planning, final engineering and approvals from regulatory agencies.

MASTER INFRASTRUCTURE IMPROVEMENTS
TABLE 2A
COASTAL RIDGE COMMUNITY DEVELOPMENT DISTRICT
SUMMARY OF MASTER INFRASTRUCTURE COSTS

	Costal Ridge CDD	
Improvement Description	Estimated Total CDD Cost	
US 1 Roadway Improvements	$5,205,762	
Trading Post Drive and EverRange Parkway Infrastructure, Utilities, Landscape, Hardscape, and Electric*	$36,003,789	
Rustic Ridge Drive Infrastructure, Utilities, Landscape, Hardscape, and Electric*	$1,888,142	
Stormwater Management and Conveyance System	$16,986,189	
Master Recreational Improvements	$14,000,000	
Planning, Engineering, Survey, and Regulatory (15%)	$11,112,582	
Contingency (10%)	$8,519,646	
Total Master Infrastructure Costs	$93,716,110	
*Does not include Grand Total $13,402,945.00 of JEA Utility Cost Participation Reimbursement (Notes: Cost estimates in this report are based upon 2025 dollars.)
TABLE 2B
COASTAL RIDGE COMMUNITY DEVELOPMENT DISTRICT
SUMMARY OF MASTER INFRASTRUCTURE COSTS FOR POTENTIAL FUTURE EXPANSION PARCELS

	Potential Future
Expansion Parcels	
Improvement Description	Estimated Total CDD Cost	
Master Infrastructure, Stormwater, Utilities, Landscape, and Hardscape	$68,542,876	
Master Recreational Improvements	$18,200,000	
Planning, Engineering, Survey, and Regulatory (15%)	$13,011,431	
Contingency (20%)	$19,950,862	
Total Master Infrastructure Costs	$119,705,169	
(Notes: Cost estimates in this report are based upon 2025 dollars.)
TRADING POST DRIVE AND EVERRANGE PARKWAY IMPROVEMENTS

Trading Post Drive and EverRange Parkway are collector roads that will be extending north- south direction through the Coastal Ridge Community Development District boundary. Trading Post Drive will extend from US1 and terminate approximately 1,500 LF where the roadway intersects with EverRange Parkway. The intersection of Trading Post Drive and EverRange Parkway will be a roundabout. EverRange Parkway will extend from US1 approximately 17,000 LF through the CDD boundary. To accommodate the connection of Trading Post Drive and EverRange Parkway to US1, US1 will have improvements done to including left and right turn lanes into the CDD. There may also be a multi-use path along EverRange Parkway. Roadway construction began late 2023 and is anticipated to be complete in early 2026. Certain infrastructure within and adjacent to the Trading Post Drive and EverRange Parkway right of way may be funded, designed and constructed by the CDD. These improvements may include ancillary roadway infrastructure, utilities, landscape and irrigation, hardscape and signage, electric and lighting, and future signalized intersections. Once completed, Trading Post Drive and EverRange Parkway will be owned and maintained by the City of Jacksonville. These improvements are depicted on Exhibit 6.
RUSTIC RIDGE DRIVE IMPROVEMENTS

Rustic Ridge Drive is a collector road that will be extending east-west direction through the Coastal Ridge Community Development District boundary. Rustic Ridge Drive intersects with EverRange Parkway just north of the proposed roundabout and extends approximately 1,200 LF east through the CDD boundary. There may also be a multi-use path along Rustic Ridge Drive. Roadway construction began late 2024 and is anticipated to be complete mid 2025. Certain infrastructure within and adjacent to the Rustic Ridge Drive right of way may be funded, designed and constructed by the CDD. These improvements may include ancillary roadway infrastructure, utilities, landscape and irrigation, hardscape and signage, electric and lighting, and future signalized intersections. Once completed, Rustic Ridge Drive will be owned and maintained by the City of Jacksonville. These improvements are depicted on Exhibit 6.

Ancillary Roadway Infrastrcuture

The CDD may fund ancillary roadway infrastructure and modifications to the original road design. Certain survey, engineering, permitting, and construction costs for the primary thoroughfare of Trading Post Drive, EverRange Parkway, and Rustic Ridge Drive will be/have been paid for by the developer and may be funded or reimbursed by the CDD. This roadway infrastructure may include; turn lanes, road extensions, road widening, and roadway modifications from the original design.
Utilities
The entirety of the Coastal Ridge CDD will be provided with potable water, sanitary sewer, and reuse water services by the Jacksonville Electric Authority (JEA) utility system. The Coastal Ridge CDD presently intends to fund and construct certain master utility facilities within and adjacent to the District boundary. These facilities include the transmission (trunk) water main, reclaimed water main, and sewer main (forcemain). These mains are located within the right of way of Trading Post Drive, EverRange Parkway, and Rustic Ridge Drive. There may also be gravity sewer crossings installed under EverRange Parkway to serve future neighborhoods that will share pump stations. These improvements are depicted on Exhibit 5, pages 1-3.

Master utility improvements within this report have been designed consistent with JEA utility cost participation policy for the development within Coastal Ridge CDD and portions of the improvements are anticipated to be funded by JEA. The master utility improvements will be owned and maintained by JEA upon dedication.
Landscape and Irrigation

The CDD may fund and construct the landscape, sod, planting, berm, irrigation and other decorative features along Trading Post Drive, EverRange Parkway, and Rustic Ridge Drive. The CDD may fund and construct landscape and irrigation costs along the entire length of Trading Post Drive, EverRange Parkway and Rustic Ridge Drive.

Hardscape and Signage

The CDD may fund and construct hardscape features within and adjacent to the Trading Post Drive, EverRange Parkway and Rustic Ridge Drive right of way. Features may include, but are not limited to, signage and entry features, masonry walls, fencing, etc.

Electric and Lighting

The electric distribution system through the Coastal Ridge CDD is currently planned to be underground. The CDD presently intends to fund and construct the electric conduit, transformer/cabinet pads, and electric manholes required by JEA electric. Electric facilities will be owned and maintained by JEA after dedication. The CDD presently intends to fund the cost to purchase and install the roadway lighting along Trading Post Drive, EverRange Parkway, and Rustic Ridge Drive. These lights will be owned, operated and maintained by the City of Jacksonville after dedication.
POTENTIAL FUTURE EXPANSION PARCEL ROADWAY IMPROVEMENTS

Adjacent lands that may serve as potential future expansion parcels for the Coastal Ridge CDD may require north-south and east-west collector roadways. North-south roadway would be a continuation of EverRange Parkway to the north and east-west would be a continuation of existing Apex Trail to the east.

Certain infrastructure within and adjacent to the future expansion parcels collector roadway right of way may be funded, designed and constructed by the CDD. These improvements may include ancillary roadway infrastructure, utilities, landscape and irrigation, hardscape and signage, electric and lighting, and future signalized intersections. Once completed, these roadways will be owned and maintained by the City of Jacksonville. These improvements are depicted on Exhibit 6.
MASTER RECREATIONAL IMPROVEMENTS

The Coastal Ridge CDD presently intends to fund a master amenity center located near the middle of the Coastal Ridge CDD boundary. This amenity center is planned to be the largest within the Coastal Ridge CDD and will serve all of the neighborhoods within the CDD. The basic components of this facility may include, but is not limited to:

	•	Clubhouse
	•	Bathrooms
	•	Pool(s)
	•	Playground equipment
	•	Recreational Trails
	•	Parking
	•	Landscape, irrigation, hardscape and lighting
	•	Dog park
	•	Pickleball courts
	•	Recreational Pond and Associated Facilities

The Coastal Ridge CDD may fund smaller community parks throughout the district. Individual neighborhoods may also choose to construct their own amenity center(s). Costs for these amenity centers are included in the “Neighborhood Infrastructure” section of this improvement plan.
BASIS OF MASTER INFRASTRUCTURE COST ESTIMATES

The following is the basis for the master infrastructure cost estimates; actual project bid information was used where available:
	•	Costs utilized were obtained from recent historical bids for similar work in this area and are not based on approved plans.

	•	Costs for underground electric conduit along Trading Post Drive, EverRange Parkway and Rustic Ridge Drive have been included.
	•	Costs for roadway lighting have been included.
	•	Engineering fees are included in the estimate.
	•	No costs have been included for the acquisition of roadway rights-of-way.
	•	For the purposes of this report, a 10% contingency factor has been included for Coastal Ridge CDD master infrastructure and a 20% contingency factor has been included for Coastal Ridge CDD Potential Expansion Parcels master infrastructure. A lower contingency percentage was used for the Coastal Ridge CDD master infrastructure due to the current contracts in place and current status of development.
	•	Cost estimates included in this report are based upon year 2025 dollars and have been prepared based upon the best available information. England, Thims & Miller, Inc. believes the enclosed estimates to be accurate based upon best available information, however, actual costs will vary based upon final engineering, planning and approvals from regulatory authorities.

NEIGHBORHOOD INFRASTRUCTURE IMPROVEMENTS
TABLE 3A
COASTAL RIDGE COMMUNITY DEVELOPMENT DISTRICT
SUMMARY OF NEIGHBORHOOD INFRASTRUCTURE COSTS

	Costal Ridge CDD	

Improvement Description	Estimated Total CDD Cost	
Neighborhood Utilities (Water, Reclaimed Water, and Gravity Sewer Collection)	$21,120,000	
Neighborhood Roadways (excluding utilities and including storm sewer)	$23,760,000	
Neighborhood Landscape, Hardscape, Recreational Improvements	$1,101,000	
Stormwater Management, Flood Control, and Groundwater Control	$6,791,100	
Planning, Engineering, Survey, and Regulatory (15%)	$7,915,815	
Contingency (20%)	12137583	
Total Neighborhood Infrastructure Costs	$72,825,498	
(Notes: Cost estimates in this report are based upon 2025 dollars.)

TABLE 3B
COASTAL RIDGE COMMUNITY DEVELOPMENT DISTRICT
SUMMARY OF NEIGHBORHOOD INFRASTRUCTURE COSTS POTENTIAL FUTURE EXPANSION PARCELS

	Potential Future Expansion Parcels	

Improvement Description	Estimated Total CDD Cost	
Neighborhood Utilities (Water, Reclaimed Water, and Gravity Sewer Collection)	$48,540,000	
Neighborhood Roadways (excluding utilities and including storm sewer)	$54,607,500	
Neighborhood Landscape, Hardscape, Recreational Improvements	$3,921,000	
Stormwater Management, Flood Control, and Groundwater Control	$18,250,050	
Planning, Engineering, Survey, and Regulatory (15%)	$18,797,783	
Contingency (20%)	$28,823,267	
Total Neighborhood Infrastructure Costs	$172,939,599	
(Notes: Cost estimates in this report are based upon 2025 dollars.)
COASTAL RIDGE CDD NEIGHBORHOOD
 INFRASTRUCTURE IMPROVEMENTS

The Coastal Ridge Community Development District presently intends to fund certain neighborhood infrastructure improvements for each neighborhood within the District boundaries. The Neighborhood Infrastructure improvements include construction of the basic infrastructure for each neighborhood, including but not limited to: engineering/permitting, clearing and grubbing, earthwork, collector roadways and associated drainage, underground conduit to facilitate street lighting, landscaping, irrigation, hardscape, neighborhood signage, neighborhood parks, neighborhood amenity centers, sewage pump stations, water/sewer/reuse transmission lines, subdivision roadways and associated drainage located within the road right of way.
The cost estimate for the collector roadways included in the neighborhood infrastructure improvements are based upon a 34 foot pavement width, curb and gutter section roadway, within a 80 foot wide right-of-way. The cost estimate for the subdivision roadways included in the neighborhood infrastructure improvements are based upon a 24 foot pavement width, curb and gutter section roadway, within a 50 foot wide right-of-way. The clearing, grubbing and earthwork estimates include work necessary for the right-of-way area, and includes utility easements for underground electrical conduit for roadway street lighting. Disturbed areas within the rights-of-way that are outside of the paved areas will be sodded and/or seeded and grassed to provide erosion and sediment control in accordance with City of Jacksonville standards.
Drainage cost estimates included in the neighborhood infrastructure improvements provide for the collection and conveyance of stormwater runoff from the collector roadways, subdivision roadways, flood control, groundwater control, surface and subsurface drainage improvements in accordance with St. Johns River Water Management District and City of Jacksonville standards. Costs include stormwater management facilities, drainage catch basins, inlets, and underground storm piping. Stormwater management facilities provide for the attenuation and treatment of stormwater runoff from the project in accordance with St. Johns River Water Management District and City of Jacksonville standards. As part of the complete stormwater management system, earthwork will include portions of residential lots as needed to collect stormwater runoff into the stormwater management facilities. This earthwork will include placing fill above the pond 100-year pond design high water elevation and to provide positive discharge from the residential lots to the storm sewer collection system.

Water, reclaimed water, and sewer cost estimates included in the neighborhood infrastructure improvements consist of the underground water and reclaimed water transmission system and wastewater (sewer) collection system serving the development. Costs include piping, manholes, valves, services, and appurtenances required in order to construct the system in accordance with Florida Department of Environmental Protection and JEA standards.

The neighborhood infrastructure improvements shall be designed and constructed to City of Jacksonville, JEA, Florida Department of Environmental Protection, and St. Johns River Water Management District standards. Collector roadways shall be owned and maintained by the City of Jacksonville. Water, sewer, and reuse facilities shall be owned and maintained by JEA. The Coastal Ridge CDD or neighborhood HOA will maintain drainage improvements outside of the public right of ways.
Neighborhood Amenity Centers
Neighborhoods within the CDD may have additional amenity centers to directly serve the individual neighborhoods. These neighborhood amenity centers are typically not as large as the master amenity center. The basic components of this facility may include but is not limited to:

	•	Clubhouse
	•	Fitness equipment
	•	Tennis Courts
	•	Bathrooms and locker area
	•	Pool(s)
	•	Playground equipment
	•	Barbeque grills and picnic tables
	•	Parking
	•	Landscape, irrigation, hardscape and lighting
	•	Trails
	•	Multi-use fields
	•	Pickleball courts

Neighborhood Parks

Several neighborhood parks may be located throughout each of the neighborhoods within the Coastal Ridge CDD. These parks may be within the subdivisions and may include; tot lots, walking/fitness paths, multi-use fields, etc. The cost of these neighborhood parks is included within the per lot Neighborhood Infrastructure cost in Table III.
BASIS OF NEIGHBORHOOD INFRASTRUCTURE COST ESTIMATES
The following is the basis for the neighborhood infrastructure cost estimates:
	•	Neighborhood Infrastructure costs include collector roads, neighborhood signage, neighborhood amenity centers, neighborhood parks, subdivision roads, clearing, and filling. Costs for development were obtained utilizing an estimated engineering and construction cost of $49,850 per single-family unit and $26,375 per townhome unit based on recent historical bids for similar work in this area.
	•	This report will include a 20% contingency to account for unknows and inflation.
	•	Water and Sewer Facilities will be designed in accordance with JEA and FDEP standards.
	•	The engineering and permitting fees have been included in the estimated cost.
	•	No costs have been included for the acquisition of roadway rights-of-way.
	•	Cost estimates contained in this report are based upon year 2025 dollars.
	•	Cost estimates have been prepared based upon the best available information, but without the benefit of final engineering design or environmental permitting. England, Thims & Miller, Inc. believes the enclosed estimates to be accurate based upon the available information, however, actual costs will vary based upon final engineering, planning and approvals from regulatory authorities.
	APPENDIX		
	Description		
Exhibits			
1		General Location Map	
2		District Legal Description	
3	
a.	District Boundary
Coastal Ridge CDD	

4	b.
c.
d.	Optional Future Expansion Parcel 1 Optional Future Expansion Parcel 2 Optional Future Expansion Parcel 3
Existing Future Land Use	
5	
a.	Utility Exhibits
Master Water Plan	

6	b.
c.	Master Waste Water Plan Master Reuse Water Plan
Master Transportation Plan	
7		District Facilities and Services	
8		Cost Estimate Sheet	

Optional Future Expansion Parcel #2
Coastal Ridge Community Development District
Exhibit 1

Optional Future Expansion Parcel #1

9B
Proposed Costal Ridge Community Development District Boundary

Optional Future Expansion Parcel #3

November 15, 2023

Coastal Ridge Community Development Boundary
Optional Expansion Parcel #1
Optional Expansion Parcel #2
Optional Expansion Parcel #3

µ
0	5,000	10,000

Feet

Source: ETM, Duval County

T:\2020\20-088\20-088-08 CDD\GIS\Maps\PRO\EverRange Community Development District.aprx
October 30, 2024	Work Order No. 24-585.00
Page 1 of 3	File No. 130G-02.00A

Coastal Ridge Community Development District Boundary

A portion of Sections 15, 16, 22, 27 and 34, together with portions of Section 41 of the G.I.F. Clarke Grant, Section 42 of the Sam Fairbanks Grant, Section 43 of the James Hall Grant, and Section 48 of the Christopher Minchen Grant, all lying in Township 4 South, Range 28 East, Duval County, Florida, being more particularly described as follows:

For a Point of Beginning, commence at the Southeasterly corner of Section 21, said Township and Range; thence Northerly along the Easterly line of said Section 21 the following 5 courses: Course 1, thence North 00°38’54” West, 615.70 feet; Course 2, thence South 64°32’22” West, 98.99 feet;
Course 3, thence North 25°18’58” West, 3966.16 feet; Course 4, thence North 64°24’35” East, 1926.90 feet; Course 5, thence North 00°26’43” West, 399.70 feet to the Northeasterly corner thereof; thence South 89°14’34” West, along the Northerly line of said Section 21, a distance of 1310.35 feet; thence South 55°11’05” West, continuing along said Northerly line, 1231.18 feet; thence North 29°42’19” West, departing said Northerly line, 314.83 feet; thence North 30°22’52” East, 4414.25 feet; thence North 84°29’40” East, 1415.26 feet; thence South 65°46’19” East,
2751.03 feet; thence South 04°23’55” East, 595.55 feet; thence South 59°07’50” West, 1769.76
feet; thence South 36°55’53” West, 1581.86 feet; thence South 23°53’04” West, 1559.34 feet; thence South 24°47’43” East, 4334.68 feet to the Northwesterly corner of Section 44 of the G.I.F. Clarke Grant, said Township and Range; thence South 16°16’53” East, along the Westerly line of said Section 44, a distance of 3684.61 feet to the Southwesterly corner thereof; thence South 44°59’03” West, 1027.20 feet to the Northwesterly corner of Section 47 of the G.I.F. Clarke Grant, said Township and Range; thence South 20°30’17” East, along the Westerly line of said Section 47, a distance of 4641.98 feet to its intersection with the Northerly line of Conservation Easement Parcel “E”, as described and recorded in Official Records Book 17745, page 1343, of said current Public Records, said line also being the Northwesterly line of Tract “A”, as described and recorded in Official Records Book 9494, page 905, of said current Public Records; thence South 75°59’11” West, along said Northwesterly line, 2321.06 feet to a point lying on the boundary line of Parcel 100, as described and recorded in Official Records Book 12718, page 1001, of said current Public Records; thence along said boundary line the following 5 courses: Course 1, thence North 51°51’13” East, departing said Northwesterly line, 422.98 feet; Course 2, thence North 50°43’44”
West, 658.35 feet; Course 3, thence South 39°16’16” West, 611.00 feet; Course 4, thence South
48°23’52” West, 234.00 feet; Course 5, thence South 41°36’08” East, 256.16 feet to the Southwesterly corner thereof, said corner lying on said Northwesterly line of Tract “A”; thence South 75°59’11” West, along said Northwesterly line, 157.83 feet; thence North 41°19’43” West, departing said Northwesterly line and along a line 30 feet Northeasterly of and parallel with the Northeasterly right of way line of U.S. Highway No. 1 (Philips Highway), a variable width right of way as presently established, 329.18 feet; thence South 86°19’59” East, 39.91 feet to a point on a non-tangent curve concave Northwesterly having a radius of 2940.00 feet; thence Northeasterly along the arc of said curve, through a central angle of 08°35’23”, an arc length of 440.76 feet to the point of tangency of said curve, said arc being subtended by a chord bearing and distance of North 43°50’21” East, 440.35 feet; thence North 39°32’40” East, 461.79 feet to the point of
October 30, 2024	Work Order No. 24-585.00
Page 2 of 3	File No. 130G-02.00A

Coastal Ridge Community Development District Boundary (continued)

curvature of a curve concave Westerly having a radius of 490.00 feet; thence Northerly along the arc of said curve, through a central angle of 80°59’48”, an arc length of 692.69 feet to the point of tangency of said curve, said arc being subtended by a chord bearing and distance of North 00°57’14” West, 636.44 feet; thence North 41°27’08” West, 269.45 feet to the point of curvature of a curve concave Southerly having a radius of 100.00 feet; thence Westerly along the arc of said curve, through a central angle of 90°00’00”, an arc length of 157.08 feet to the point of tangency of said curve, said arc being subtended by a chord bearing and distance of North 86°27’08” West,
141.42 feet; thence South 48°32’52” West, 1206.28 feet; thence South 02°10’35” West, 40.89 feet; thence North 41°19’43” West, along a line 30 feet Northeasterly of and parallel with said Northeasterly right of way line of U.S. Highway No. 1, a distance of 219.36 feet to its intersection with the Southeasterly line of those lands described and recorded in Official Records Book 18184, page 1682, of said current Public Records; thence North 48°35’05” East, along said Southeasterly line, 606.56 feet to the Easterly most corner thereof; thence North 41°20’35” West, along the Northeasterly line of said Official Records Book 18184, page 1682, a distance of 363.37 feet; thence North 60°42’08” East, departing said Northeasterly line, 322.13 feet; thence North 77°11’21” East, 427.87 feet; thence South 75°27’20” East, 77.24 feet to a point on a non-tangent curve concave Westerly having a radius of 490.00 feet; thence Northerly along the arc of said curve, through a central angle of 43°19’48”, an arc length of 370.56 feet to the point of tangency of said curve, said arc being subtended by a chord bearing and distance of North 07°07’14” West,
361.79 feet; thence North 28°47’08” West, 428.38 feet to the point of curvature of a curve concave Easterly having a radius of 2560.00 feet; thence Northerly along the arc of said curve, through a central angle of 15°19’18”, an arc length of 684.58 feet to a point on said curve, said arc being subtended by a chord bearing and distance of North 21°07’29” West, 682.54 feet; thence South 75°47’43” West, along a non-tangent line, 774.14 feet to a point lying on the Westerly line of said Section 34; thence North 01°12’10” West, along said Westerly line, 1177.38 feet to the Northwesterly corner thereof; thence North 89°00’20” East, along the Northerly line of said Section 34, a distance of 667.54 feet to its intersection with the Southerly prolongation of the Easterly line of those lands described and recorded in Official Records Book 19061, page 203, of said current Public Records; thence North 00°59’45” West, departing said Northerly line, along said Southerly prolongation, along said Easterly line, and along the Easterly line of those lands described and recorded in Official Records Book 19577, page 2109, of said current Public Records, a distance of 1343.31 feet to the Northeasterly corner thereof; thence South 88°40’15” West, along the Northerly line of said Official Records Book 19577, page 2109, a distance of 667.52 feet to the Northwesterly corner thereof, said corner lying on the Westerly line of said Section 27; thence North 00°59’51” West, along said Westerly line, 4027.38 feet to the Northwesterly corner thereof and the Point of Beginning.

Less and Except from the above described lands the following Exception Parcels:

Exception 1
A portion of Section 34, together with a portion of Section 48 of the Christopher Minchen Grant, Township 4 South, Range 28 East, Duval County, Florida, being more particularly described as follows:
October 30, 2024	Work Order No. 24-585.00
Page 3 of 3	File No. 130G-02.00A

Coastal Ridge Community Development District Boundary (continued)

For a Point of Beginning, commence at the Northwesterly corner of said Section 34; thence North 89°00’20” East, along the Northerly line of said Section 34, a distance of 697.54 feet; thence South 00°59’45” East, departing said Northerly line, 177.82 feet; thence South 08°28’38” West, 30.38 feet; thence South 00°59’45” East, 114.05 feet; thence Due East, 5.00 feet; thence South 00°59’45” East, 125.85 feet to the point of curvature of a curve concave Easterly having a radius of 2560.00 feet; thence Southerly along the arc of said curve, through a central angle of 12°28’05”, an arc length of 557.08 feet to a point on said curve, said arc being subtended by a chord bearing and distance of South 07°13’47” East, 555.98 feet; thence South 75°47’43” West, along a non-tangent line, 774.14 feet to a point lying on the Westerly line of said Section 34; thence North 01°12’10” West, along said Westerly line, 1177.38 feet to the Point of Beginning.

Exception 3
A portion of Section 48 of the Christopher Minchen Grant, Township 4 South, Range 28 East, Duval County, Florida, being more particularly described as follows:

For a Point of Reference, commence at the Northwesterly corner of Section 47 of the G.I.F. Clarke Grant, said Township and Range; thence South 20°30’17” East, along the Westerly line of said Section 47, a distance of 1529.81 feet to the Point of Beginning.

From said Point of Beginning, thence continue South 20°30’17” East, along said Westerly line of Section 47, a distance of 3112.17 feet to its intersection with the Northerly line of Conservation Easement Parcel “E”, as described and recorded in Official Records Book 17745, page 1343, said line also being the Northwesterly line of Tract “A”, as described and recorded in Official Records Book 9494, page 905, both of the current Public Records of said county; thence South 75°59’11” West, departing said Westerly line and along said Northwesterly line, 1522.61 feet; thence North 29°32’37” West, departing said Northwesterly line, 827.53 feet; thence North 52°36’42” West,
382.57 feet; thence North 05°44’28” West, 1817.60 feet; thence North 61°20’47” East, 153.07 feet; thence North 54°51’28” East, 137.22 feet; thence North 62°34’38” East, 169.80 feet to the point of curvature of a curve concave Southeasterly having a radius of 937.50 feet; thence Northeasterly along the arc of said curve, through a central angle of 07°16’14”, an arc length of
118.97 feet to the point of tangency of said curve, said arc being subtended by a chord bearing and distance of North 66°12’45” East, 118.89 feet; thence North 69°50’52” East, 91.51 feet; thence South 00°59’31” East, 28.94 feet; thence South 21°09’09” East, 10.16 feet; thence North 69°50’52” East, 729.53 feet to the Point of Beginning.

Containing 1002.30 acres, more or less.
SKETCH TO ACCOMPANY DESCRIPTION OF
A PORTION OF SECTIONS 15,	16,	22,	27	AND 34,	TOGETHER WITH PORTIONS OF SECTION 41	OF THE G.I.F. CLARKE GRANT, SECTION 42
OF THE SAM FAIRBANKS GRANT, SECTION 43	OF THE JAMES HALL GRANT, AND SECTION 48	OF THE CHRISTOPHER MINCHEN GRANT, ALL LYING IN TOWNSHIP 4 SOUTH, RANGE 28	EAST, DUVAL COUNTY, FLORIDA,
BEING MORE PARTICULARLY DESCRIBED IN SEPARATE ATTACHMENT.

-,
I I I

POINT OF P
COASTAL COMMU DEVELO
DISTRIC?
S£.ly C OF SECT (NW.ly C OF SECT

POINT OF 8£GI
EXCEPTION
NW.ly CORN£ OF SECTION
LEGEND: P.B. O.R.B. PG.
R/W
PC
PT POC PCC
L1
Ct

SEE SHEET 4
.7

PLAT BOOK
OFRCIAL RECORDS BOOK PAGE
RIGHT OF WAY
POINT OF CURVATUR£ POINT OF TANGENCY POINT ON CURVE POINT OF COMPOUND CURVATURE TABULATED LINE DATA
TABULATED CURVE DATA

U.S. HIGHWAY
(VARIABLE WIDTH
POINT OF R£F£R£NC£
I	EXCEPTION 3
NW.ly CORNER OF SECTION 47
I
POINT OF 8£GINNING
-z.	EXCEPTION 3

\
_J

SHEET 1 OF 6
GENERAL NOTES:
	1.	THIS IS NOT A SURVEY.
	2.	BEARINGS BASED ON THE EASTERLY LINE OF SECTION 21 AS BEING NORTH 00"39'59" ?ST.
L-T ?

SI	MUS
0	I 500	3000	6000

GRAPHIC SCALE IN FEET
!"= 3000'

l	-
SURVEYING & MAPPING
14775 Old St. Augustine Rd.
Trusted Advisors, Creating Communi
(904) 642-8550
THIS ITEM HAS BEEN ELECTRON/CALLY SIGNED AND SEALED
USING A DIGITAL S/GNATUR£. PRINTED COPIES OF THIS
DOCUMENT ARE N
,;fo?H K. l?
\ c,erise Nu,  ,t
\)  6016  ;,,
Jacksonville, Florida 32258	www.etminc.com		
Certificate of Authorization No: LB 3624
DATE: OCTOBER 30,
A PORTION OF SECTIONS 15,	16,	22,	27	AND 34,	TOGETHER WITH PORTIONS OF SECTION 41	OF THE G.I.F. CLARKE GRANT, SECTION 42
OF THE SAM FAIRBANKS GRANT, SECTION 43	OF THE JAMES HALL GRANT, AND SECTION 48	OF THE CHRISTOPHER MINCHEN GRANT, ALL LYING IN TOWNSHIP 4 SOUTH, RANGE 28	EAST, DUVAL COUNTY, FLORIDA.

-

LINE TABLE		
LINE	BEARING	LENGTH	
L1	s54·32•22·w	98.99'	

SHEET 2 OF 6
SEE SHEET 1 FOR GENERAL NOTES.
LEGEND: P.B. O.R.B. PG.
R/W PC PT POC PCC
L1
Ct

PLAT BOOK
OFFICIAL RECORDS BOOK PAGE
RIGHT OF WAY
POINT OF CURVATURE POINT OF TANGENCY POINT ON CURVE POINT OF COMPOUND CURVATURE TABULATED LINE DATA
TABULATED CURVE DATA

0	400	800	1600

GRAPHIC SCALE IN FEET
I"= 800'

PREPARED BY:
ETM SURVEYING ct MAPPING, INC.
14775 OLD ST. AUGUSTIN£ ROAD JACKSONVILLE, FL 32258 (904) 642-8550 CERTIFICATE OF AUTHORIZATION NO. LB 3624
A PORTION OF SECTIONS 15,	16,	22,	27	AND 34,	TOGETHER WITH PORTIONS OF SECTION 41	OF THE G.I.F. CLARKE GRANT, SECTION 42
OF THE SAM FAIRBANKS GRANT, SECTION 43	OF THE JAMES HALL GRANT, AND SECTION 48	OF THE CHRISTOPHER MINCHEN GRANT, ALL LYING IN TOWNSHIP 4 SOUTH, RANGE 28	EAST, DUVAL COUNTY, FLORIDA.

NB4°29'40"£	1415.26'

COASTAL RIDGE COMMUNITY DEVELOPMENT DISTRICT BOUNDARY
I	1002.30  ACRES±

so4•23•55"£--- 595.55'
BIG CREEK
OVERALL
O.R.B. 20625,
PG. 1175

--
SECTION 22
ly LINE OF	/
SECTION 21

3966.16' MATCHLINE	SEE SHEET 2

LEGEND: P.B. O.R.B. PG.
R/W PC PT POC PCC
L1 C1

PLAT BOOK
OFFICIAL RECORDS BOOK PAGE
RIGHT OF WAY
POINT OF CURVATUR£ POINT OF TANGENCY POINT ON CURV£ POINT OF COMPOUND CURVATURE
TABULATED LINE DATA TABULATED CURV£ DATA

0	400	800	1600

GRAPHIC SCALE IN FEET
!"= 800'

SHEET 3 OF 6
SEE SHEET 1 FOR GENERAL NOTES.
PREPARED BY:
ETM SURVEYING ct MAPPING, INC.
14775 OLD ST. AUGUSTIN£ ROAD JACKSONVILLE, FL 32258 (904) 642-8550 CERTIFICATE OF AUTHORIZATION NO. LB 3624

ORDER NO.: 24-585.00  FIL£ No)30G-02.00A DRA'NN BY: BAG CAD FIL£:  I: \Srvey\{NJ'{;roj\f?cr,ge- Road\Sketch\Coastci Ridge D:mrwity Devsq:xnent £Xstrict Boonckry.dwg

A PORTION OF SECTIONS 15,	16,	22,	27	AND 34,	TOGETHER WITH PORTIONS OF SECTION 41	OF THE G.I.F. CLARKE GRANT, SECTION 42
OF THE SAM FAIRBANKS GRANT, SECTION 43	OF THE JAMES HALL GRANT, AND SECTION 48	OF THE CHRISTOPHER MINCHEN GRANT, ALL LYING IN TOWNSHIP 4 SOUTH, RANGE 28	EAST, DUVAL COUNTY, FLORIDA.

MATCHLIN£	S££ SH££T 2

LEGEND: P.B. O.R.B. PG.
R/W
PC PT POC PCC
L1
Ct

PLAT BOOK
OFFICIAL RECORDS BOOK PAGE
RIGHT OF WAY
POINT OF CURVATUR£ POINT OF TANGENCY POINT ON CURVE POINT OF COMPOUND CURVATURE TABULATED LINE DATA
TABULATED CURVE DATA

SHEET 4 OF 6
SEE SHEET 1 FOR GENERAL NOTES.
PREPARED BY:
£TM SURVEYING ct MAPPING, INC.
14775 OLD ST. AUGUSTIN£ ROAD JACKSONVILLE, FL 32258 (904) 642-8550 CERTIFICATE OF AUTHORIZATION NO. LB 3624

ORDER NO.: 24-585.00  FIL£ No.:f 30G-02.00A DRA'NN BY:  BAG  CAD FIL£:  I: \Srvey\{NJ'{;roj\f?cr,ge- Road\Sketch\Coastci Ridge D:mrwity Devsq:xnent £Xstrict Boonckry.dwg
		
A PORTION OF SECTIONS 15,	16,	22,	27	AND 34,	TOGETHER WITH PORTIONS OF SECTION 41	OF THE G.I.F. CLARKE GRANT, SECTION 42
OF THE SAM FAIRBANKS GRANT, SECTION 43	OF THE JAMES HALL GRANT, AND SECTION 48	OF THE CHRISTOPHER MINCHEN GRANT, ALL LYING IN TOWNSHIP 4 SOUTH, RANGE 28	EAST, DUVAL COUNTY, FLORIDA.

LEGEND:
P.B. O.R.B. PG.
R/W PC PT POC PCC
L1 C1
PLAT BOOK
OFFICIAL RECORDS BOOK PAGE
RIGHT OF WAY
POINT OF CURVATURE POINT OF TANGENCY POINT ON CURVE POINT OF COMPOUND CURVATURE
TABULATED LINE DATA TABULATED CURVE DATA

MATCHLINE	SEE SHEET 6

C3	MA

U.S. HIGHWAY No. 1
(VARIABLE WIDTH R/W)

LINE TABLE			
LINE	BEARING	LENGTH	
L6	N51"51'13"E	422.98'	
L7	N50"43'44''W	658.35'	
LB	S39"16'16''W	611.00'	
L9	S48"23'52''W	234.00'	
L10	S41"36'08"E	256.16'	
L11	S75"59'11''W	157.83'	
L12	N41"19'43''W	329.18'	
L13	S86"19'59"E	39.91'	
0	200	400	800

GRAPHIC SCALE IN FEET
!"= 400'

SHEET 5 OF 6
SEE SHEET 1 FOR GENERAL NOTES.
PREPARED BY:
£TM SURVEYING ct MAPPING, INC.
14775 OLD ST. AUGUSTIN£ ROAD JACKSONVILLE, FL 32258 (904) 642-8550 CERTIFICATE OF AUTHORIZATION NO. LB 3624

ORDER NO.: 24-585.00  FIL£ No.:f 30G-02.00A DRA'NN BY:  BAG CAD FIL£:  I: \Srvey\{NJ'{;roj\f?cr,ge- Road\Sketch\Coastci Ridge D:mrwity Devsq:xnent £Xstrict Boonckry.dwg
		
A PORTION OF SECTIONS 15,	16,	22,	27	AND 34,	TOGETHER WITH PORTIONS OF SECTION 41	OF THE G.I.F. CLARKE GRANT, SECTION 42
OF THE SAM FAIRBANKS GRANT, SECTION 43	OF THE JAMES HALL GRANT, AND SECTION 48	OF THE CHRISTOPHER MINCHEN GRANT, ALL LYING IN TOWNSHIP 4 SOUTH, RANGE 28	EAST, DUVAL COUNTY, FLORIDA.

-·-·-·-·-·-·-·M-AT·CH-L·IN-E ·-SE·E-S·H-EE·T-2·-·-·-·-·-·-·7
-W.ly LINE OF SECTION 27
TAKEDOWN TRACT 1
O.R.B. 18351, PG. 470
---Noo·s9•51"w
4027.38'

LEGEND: P.8.
O.R.8.	OF
PG.	PA
R/W
PC
PT POC PCC
COASTAL RIDGE COMMUNITY DEVELOPMENT DISTRICT BOUNDARY 1002.30 ACES±
L1	T
Ct	T

SECTION 28

N89-00'20"E
O.R.B. 12530, PG. 327

S.ly PROLONGATION-­ OF THE E.ly LINE
.667.54'7
?

SECTION 27
l SECTION 34

....
?
?
?
SECTION 33	_J
POINT OF 8£G/HHIHG EXCEPTION 1 NW.ly CORNER
OF SECTION 34

C'\j C'\j
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L23	=-
"£-- ,ouE EAST	5.00' 05'	f
85'	-PC

N.ly LINE OF SECTION 34

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WIWAMSTOWN
P.B. 72, PG. 68

PC ,,,
N28°47'08"W	428.JB'--
-·-·-·-·-·-M·AT-CH·L-IN·E -·SE-E·S-H·EE-T·5-·-·-·-·-·j

SHEET 6 OF 6
SEE SHEET 1 FOR GENERAL NOTES.
0	200	400

GRAPHIC SCALE IN FEET
!"= 400'
800

PREPARED BY:
ETM SURVEYING ct MAPPING, INC.
14775 OLD ST. AUGUSTIN£ ROAD JACKSONVILLE, FL 32258 (904) 642-8550 CERTIFICATE OF AUTHORIZATION NO. LB 3624

ORDER NO.: 24-585.00 FIL£ No)30G-02.00A DRA'NN BY: BAG CAD FIL£: I: \Srvey\{NJ'{;roj\f?cr,ge- Road\Sketch\Coastci Ridge D:mrwity Devsq:xnent £Xstrict Boonckry.dwg

October 30, 2024	Work Order No. 24-585.00
File No. 130G-02.00B

Optional Future Expansion Parcel #1

A portion of Section 34, together with a portion of Section 48 of the Christopher Minchen Grant, Township 4 South, Range 28 East, Duval County, Florida, being more particularly described as follows:

For a Point of Beginning, commence at the Northwesterly corner of said Section 34; thence North 89°00’20” East, along the Northerly line of said Section 34, a distance of 697.54 feet; thence South 00°59’45” East, departing said Northerly line, 177.82 feet; thence South 08°28’38” West, 30.38 feet; thence South 00°59’45” East, 114.05 feet; thence Due East, 5.00 feet; thence South 00°59’45” East, 125.85 feet to the point of curvature of a curve concave Easterly having a radius of 2560.00 feet; thence Southerly along the arc of said curve, through a central angle of 12°28’05”, an arc length of 557.08 feet to a point on said curve, said arc being subtended by a chord bearing and distance of South 07°13’47” East, 555.98 feet; thence South 75°47’43” West, along a non-tangent line, 774.14 feet to a point lying on the Westerly line of said Section 34; thence North 01°12’10” West, along said Westerly line, 1177.38 feet to the Point of Beginning.

Containing 17.75 acres, more or less.
SKETCH TO ACCOMPANY DESCRIPTION OF
A PORTION OF SECTION 34,	TOGETHER WITH A PORTION OF SECTION 48	OF THE CHRISTOPHER MINCHEN GRANT,
TOWNSHIP 4 SOUTH, RANGE 28	EAST, DUVAL COUNTY, FLORIDA,
BEING MORE PARTICULARLY DESCRIBED IN SEPARATE ATTACHMENT.

O.R.B. 19061, PAGE 20J

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O.R.B. 12530, PAGE J27

SECTION 27

SECTION JJ /

POINT OF BEG/NH/HG
NW.ly CORNER OF SECTION 34
N89.00'20"E  697.54'
N.ly LINE OF
SECTION 34	Soo•59•45"E--
177.82'

S08'28'JB"W--
30.38'	-
SECTION J4
soo•59•45"E---rDUE EAST 114.05'	5.00'

-W.ly LINE OF
SECnON 34	soo·59•45"E--- 125.B5'

WILLIAMSTOWN
PLAT BOOK 72,
PAGE 68

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OPTIONAL FUTURE EXPANSION PARCEL #1
17. 75 ACRES±
-PC
BIG CREEK OVERALL
O.R.B. 20625,
PAGE 1175
0	R=256o.oo·?
?	tF12'28'05"
L=557.08' CB=S07i3'47"E CH=555.98'

POC

GENERAL NOTES:
	1.	THIS IS NOT A SURVEY.

0	100	200	400

GRAPHIC SCALE IN FEET
1"=200'
LEGEND: O.R.B. PC
POC
R
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OFFICIAL RECORDS BOOK POINT OF CURVATURE POINT ON CURVE
RADIUS CENTRAL ANGLE ARC LENGTH CHORD BEARING
CHORD DISTANCE
	1.	BEARINGS BASED ON THE NORTHERLY LINE OF SECTION 34 AS BEING NORTH a9·00•20" EAST.
-T ?

THIS ITEM HAS BEEN ELECTRON/CALLY SIGNED AND SEALED USING A DIGITAL S/GNATURE. PRINTED COPIES OF THIS DOCUMENT ARE NOT CONSIDERED SIGNED AND SEALED AND THE
Trusted Advisors,
SI
os?PH K. l?
\	(\Se Nu  ,t
??e 6016,,..
MUST BE VERIFIED ON ANY ELECTRONIC COPIES.
l	-
SURVEYING & MAPPING
14775 Old St. Augustine Rd. Jacksonville, Florida 32258
Creating Communi
(904) 642-8550
www.etminc.com

..	t
?	STATE OF	f
?-"-s-	FLORIDA	?'ti
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SCAL	 1"=200'	

JOSEPH K. LEK
Certificate of Authorization No: LB 3624
DATE: OCTOBER 30, 2024
PROFESSIONAL SURVEYOR AND MAPPER STATE of FLORIDA	LS No. 6016
ORDER NO.: 24-585.00 FIL£ No)JOG-02.00B DRA'NN BY: BAG CAD FIL£: l:\Survey\RMAproj\Ronger Road\Sketch\Coastal Ridge Optional Future Expansion Parcel #7.dwg
	
October 30, 2024	Work Order No. 24-585.00
Page 1 of 2	File No. 130G-02.00D

Optional Future Expansion Parcel #2

A portion of Sections 3, 4, 8, 9, 10 and 16, together with portions of Section 41 of the G.I.F. Clarke Grant, and Section 42 of the Sam Fairbanks Grant, all lying in Township 4 South, Range 28 East, Duval County, Florida, being more particularly described as follows:

For a Point of Reference, commence at the Southerly most corner of E-Town Commercial Parcel Phase 1, recorded in Plat Book 74, page 139, of the current Public Records of said county; thence North 56°47’47” East, along the Easterly line of said E-Town Commercial Parcel Phase 1, a distance of 1747.63 feet; thence North 16°19’17” East, continuing along said Easterly line, 1040.30 feet to the Point of Beginning.

From said Point of Beginning, thence continue North 16°19’17” East, along said Easterly line of E-Town Commercial Parcel Phase 1, a distance of 1707.42 feet to its intersection with the boundary line of Apex Trail Extension, recorded in Plat Book 78, page 60, of said current Public Records; thence along said boundary line the following 3 courses: Course 1, thence South 62°52’06” East, departing said Easterly line, 337.99 feet; Course 2, thence North 16°35’51” East,
203.43 feet; Course 3, thence North 62°52’06” West, 338.99 feet to its intersection with the Easterly line of E-Town Overall Parcel, as described and recorded in Official Records Book 18197, page 1321, of said current Public Records; thence North 16°19’17” East, departing said boundary line and along said Easterly line, 128.14 feet; thence North 04°56’56” East, continuing along said Easterly line and along the Easterly line of ETown Parcel E2 Phase One, recorded in Plat Book 72, page 110, of said current Public Records, 1113.94 feet; thence North 19°40’49” East, continuing along said Easterly line and along the Easterly lines of ETown Parcel E2 Phase Two, recorded in Plat Book 75, page 95, and Edison Parcel 4 – Phase 2, recorded in Plat Book 76, page 59, both of said current Public Records, 2645.59 feet; thence North 79°15’07” East, departing last said Easterly line, 4768.14 feet to a point lying on the Easterly line of Comprehensive Plan Parcel 6, as described and recorded in Official Records Book 19533, page 1309, of said current Public Records; thence South 00°40’26” East, along said Easterly line, 1648.90 feet to the Southeasterly corner thereof, said corner also being the Northeasterly corner of Comprehensive Plan Parcel 7, as described and recorded in said Official Records Book 19533, page 1309; thence South 01°37’26” East, along the Easterly line of said Comprehensive Plan Parcel 7, a distance of 4389.07 feet to the Southeasterly corner thereof; thence North 53°38’49” East, along the Northeasterly prolongation of the Southerly line of said Comprehensive Plan Parcel 7, a distance of 1078.35 feet; thence South 07°59’21” East, 1483.42 feet; thence South 30°40’56” West, 2397.78 feet to a point lying on the Northerly line of Big Creek Overall, as described and recorded in Official Records Book 20625, page 1175, of said current Public Records; thence South 84°29’40” West, along said Northerly line, 811.02 feet; thence South 30°22’52” West, continuing along said Northerly line, 4414.25 feet to the Northwesterly corner thereof; thence North 47°31’57” West, 3005.05 feet to a point lying on the Easterly line of those lands described and recorded in Official Records Book 18610, page 1206, of said current Public Records; thence Northerly along said Easterly line the following 6 courses: Course 1, thence North 39°15’49” East, 1169.08 feet; Course 2, thence North 43°28’52”
October 30, 2024	Work Order No. 24-585.00
Page 2 of 2	File No. 130G-02.00D

Optional Future Expansion Parcel #2 (continued)

West, 1017.94 feet; Course 3, thence North 19°46’37” East, 683.01 feet; Course 4, thence Due
North, 575.00 feet; Course 5, thence North 34°08’04” West, 1677.85 feet; Course 6, thence North 74°18’56” West, 324.11 feet to the Point of Beginning.

Containing 1352.99 acres, more or less.

SKETCH TO ACCOMPANY DESCRIPTION OF
A PORTION OF SECTIONS 3,	4, 8,	9,	10 AND 16,	TOGETHER WITH PORTIONS OF SECTION 41	OF THE G.I.F. CLARKE GRANT, AND SECTION 42	OF THE SAM FAIRBANKS GRANT, ALL LYING
IN TOWNSHIP 4 SOUTH, RANGE 28	EAST, DUVAL COUNTY, FLORIDA,
BEING MORE PARTICULARLY DESCRIBED IN SEPARATE ATTACHMENT.	

0	1000	2000	4000

GRAPHIC SCALE IN FEET
!"= 2000'

p

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SHEET 1 OF 5	ANGENCY
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	1.	THIS IS NOT A SURVEY.	CURVATURE
	2.	BEARINGS BASED ON THE EASTERLY LINE OF £-TOWN	 L1	TABULATED LINE DATA COMMERCIAL PARCEL PHASE 1 AS BEING NORTH 56°47'47• EAST.	C1	TABULATED CURVE DATA	
-T ?	THIS ITEM HAS BEEN ELECTRON/CALLY SIGNED AND SEALED USING A DIGITAL S/GNATUR£. PRINTED COPIES OF THIS
DOCUMENT ARE N
L	Trusted	SIGN	MUS
.,se Nu l?,t­
Advisors,	-:>c• 6016"'6,,,.
l	-	Creating	.,,	?
SURVEYING & MAPPING	Communi	g._	STATE OF	f
<?s,..r...:	FLORIDA	?,r,
14775 Old St. Augustine Rd.	(904) 642-8550	0/JiJ/	7>?0		
Jacksonville, Florida 32258	www.etminc.com	sc"A'Ltr  1"=2	
Certificate of Authorization No: LB 3624
DATE: OCTOBER JO	
MATCHLINE	SEE SHEET 3
-·-·-·-·-·-·-·-·-·-·-·-·-·-·-·-·-·-·-·-·-·-·-·-·-·-·-·7

E-TOKN ?AL
PARCEL PHASE 1
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PLAN PARCEL 1
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PG. 1309

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PG. 1206

N
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OPTIONAL FUTURE EXPANSION PARCEL 12
1352.99 ACRES±

SECnON 42 SAM FAIRBANKS GRANT

PIKE HOLE_/ COMPREHENSIVE
PLAN PARCEL 1
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0	JOO	600	1200
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!"= 600'

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R/W
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L1
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OFFICIAL RECORDS BOOK PAGE
RIGHT OF WAY
POINT OF CURVATUR£ POINT OF TANGENCY POINT ON CURVE POINT OF COMPOUND CURVATURE TABULATED LINE DATA
TABULATED CURVE DATA

ESTUARY LAND USE PARCEL
O.R.B. 19533, PG. 1309

SHEET 2 OF 5
SEE SHEET 1 FOR GENERAL NOTES.
PREPARED BY:
ETM SURVEYING ct MAPPING, INC.
14775 OLD ST. AUGUSTIN£ ROAD JACKSONVILLE, FL 32258 (904) 642-8550 CERTIFICATE OF AUTHORIZATION NO. LB 3624

COMPREHENSIVE PLAN PARCEL 6
O.R.8. 19533, PG. 1309

N79"15'07"E
4768.14'
E.ly LINE-

COMPREHENSIVE PLAN PARCEL 6
O.R.B. 19533, PG. 1309
O.R.B. 9494,
PG. 912

SE.ly CORNER
(NE.ly CORNER)	-...._

OPTIONAL FUTURE EXPANSION PARCEL 12
1352.99 ACRES±

COMPREHENSIVE PLAN PARCEL 7
O.R.B. 19533, PG. 1309
LEGEND: P.B. O.R.B. PG.
R/W
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L1
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PLAT BOOK
OFFICIAL RECORDS BOOK PAGE
RIGHT OF WAY
POINT OF CURVATURE POINT OF TANGENCY POINT ON CURVE POINT OF COMPOUND CURVATURE TABULATED LINE DATA
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SHEET 4 OF 5
SEE SHEET 1 FOR GENERAL NOTES.
0	300	600	1200

GRAPHIC SCALE IN FEET
!"= 600'

PREPARED BY:
ETM SURVEYING ct MAPPING, INC.
14775 OLD ST. AUGUSTIN£ ROAD JACKSONVILLE, FL 32258 (904) 642-8550 CERTIFICATE OF AUTHORIZATION NO. LB 3624

MATCHLINE	SEE SHEET 4
,•-•-•-•-•-•-•-•-•-•-•-•I•-•-•-•-•-•-•-•-•-•-•-•-•-•-

COMPR£H£NSIVf PLAN PARCEL 7
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G.I.F. CLARK£ GRANT

PIK£ HOL£ COMPR£H£NSIVf PLAN PARCEL 1
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EXPANSION PARCEL #2
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0	300	600	!200

GRAPHIC SCALE IN FEET
!"= 600'

LEGEND: P.B. O.R.B. PG.
R/W PC PT POC

PLAT BOOK
OFFICIAL RECORDS BOOK PAGE
RIGHT OF WAY
POINT OF CURVATUR£ POINT OF TANGENCY POINT ON CURVE POINT OF COMPOUND CURVATURE TABULATED LINE DATA
TABULATED CURVE DATA

SHEET 5 OF 5
SEE SHEET 1 FOR GENERAL NOTES.
PREPARED BY:
£TM SURVEYING ct MAPPING, INC.
14775 OLD ST. AUGUSTIN£ ROAD JACKSONVILLE, FL 32258 (904) 642-8550 CERTIFICATE OF AUTHORIZATION NO. LB 3624

October 30, 2024	Work Order No. 24-585.00
File No. 130G-02.00C

Optional Future Expansion Parcel #3

A portion of Section 48 of the Christopher Minchen Grant, Township 4 South, Range 28 East, Duval County, Florida, being more particularly described as follows:

For a Point of Reference, commence at the Northwesterly corner of Section 47 of the G.I.F. Clarke Grant, said Township and Range; thence South 20°30’17” East, along the Westerly line of said Section 47, a distance of 1529.81 feet to the Point of Beginning.

From said Point of Beginning, thence continue South 20°30’17” East, along said Westerly line of Section 47, a distance of 3112.17 feet to its intersection with the Northerly line of Conservation Easement Parcel “E”, as described and recorded in Official Records Book 17745, page 1343, said line also being the Northwesterly line of Tract “A”, as described and recorded in Official Records Book 9494, page 905, both of the current Public Records of said county; thence South 75°59’11” West, departing said Westerly line and along said Northwesterly line, 1522.61 feet; thence North 29°32’37” West, departing said Northwesterly line, 827.53 feet; thence North 52°36’42” West,
382.57 feet; thence North 05°44’28” West, 1817.60 feet; thence North 61°20’47” East, 153.07 feet; thence North 54°51’28” East, 137.22 feet; thence North 62°34’38” East, 169.80 feet to the point of curvature of a curve concave Southeasterly having a radius of 937.50 feet; thence Northeasterly along the arc of said curve, through a central angle of 07°16’14”, an arc length of
118.97 feet to the point of tangency of said curve, said arc being subtended by a chord bearing and distance of North 66°12’45” East, 118.89 feet; thence North 69°50’52” East, 91.51 feet; thence South 00°59’31” East, 28.94 feet; thence South 21°09’09” East, 10.16 feet; thence North 69°50’52” East, 729.53 feet to the Point of Beginning.

Containing 112.24 acres, more or less.

LEGEND:
SKETCH TO ACCOMPANY DESCRIPTION OF
A PORTION OF SECTION 48	OF THE CHRISTOPHER MINCHEN GRANT, TOWNSHIP 4 SOUTH, RANGE 28	EAST, DUVAL COUNTY, FLORIDA, BEING MORE PARTICULARLY DESCRIBED IN SEPARATE ATTACHMENT.
?
O.R.B. PG. PC PT
R
.1
L CB CH
OFFICIAL RECORDS BOOK PAGE
POINT OF CURVATURE POINT OF TANGENCY RADIUS
CENTRAL ANGLE ARC LENGTH CHORD BEARING CHORD DISTANCE

N69.50'52"E	91.51'
POINT OF REFERENCE
NW.ly CORNER OF SECTION 47

POINT OF BEGINNING
N62.34'38"E	169.80'
N54·51'2B"E	137.
N61°20'47"E	153.07'

--0
("")

·09'09"E 10.16'
R=937.50' b=l,6'14" L=118.97' CB=N6612'45"E CH=118.89'

0	250	500	1000

GRAPHIC SCALE IN FEET
!"= 500'

O.R.B. 9494,
PG. 912

BIG CREEK OVERALL
O.R.B. 20625,
PG. 1175

OPTIONAL FUTURE EXPANSION PARCEL #3
112.24  ACRES±

•36'42"W
57'

PARCEL 100
O.R.8. 12718,
PG. 1001

GENERAL NOTES:
	1.	THIS IS NOT A SURVEY.
	2.	BEARINGS BASED ON THE WESTERLY LINE OF SECTION 47 AS BEING SOUTH 20·30'17• EAST.
-T ?
CONSERVA nON EASEMENT PARCEL .E.
O.R.8. 17745, PG. 1343
(O.R.B. 14614, PG. 2288)

THIS ITEM HAS BEEN ELECTRON/CALLY SIGNED AND SEALED USING A DIGITAL S/GNATURE. PRINTED COPIES OF THIS
DOCUMENT ARE N
L	Trusted
SIGN
MUS
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l	-
SURVEYING & MAPPING
14775 Old St. Augustine Rd.
Advisors, Creating Communi
(904) 642-8550
?e,,r1se Nu? k"
V  6016  ,...
Jacksonville, Florida 32258	www.etminc.com		
Certificate of Authorization No: LB 3624
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EXHIBIT 7
DISTRICT INFRASTRUCTURE IMPROVEMENTS COASTAL RIDGE COMMUNITY DEVELOPMENT DISTRICT

Description of Improvements	Construction Entity5	Final Owner	Maintenance Entity	
US1 Roadway Improvements	Developer	FDOT/CDD1	FDOT/CDD1	
Trading Post Drive, EverRange Parkway, and Rustic Ridge Drive Landscape,
Irrigation, Signage, and Hardscape	Developer	COJ/CDD1	COJ/CDD1	
Trading Post Drive, EverRange Parkway, and Rustic Ridge Drive Fencing	Developer	CDD	CDD	
Trading Post Drive, EverRange Parkway, and Rustic Ridge Drive
Electric/Street Lighting	Developer	JEA4	JEA4	
Trading Post Drive, EverRange Parkway, and Rustic Ridge Drive Roadway
Improvements	Developer	COJ/CDD1	COJ/CDD1	
Utilities (Water, Sewer, Electrical, Street Lighting)	Developer	JEA	JEA	
Stormwater Systems	Developer	CDD	CDD	
Neighborhood Roadway Improvements	Developer	COJ/HOA2	COJ/HOA2,3	
Recreational Improvements	CDD	CDD	CDD	

Notes:

1COJ is expected to operate and maintain the right of way infrastructure; CDD may provide enhanced landscape maintenance through an interlocal agreement with the city.
2HOA will be responsible for operation and maintenance of all roadways which COJ will not own (private roads, alleys, etc.) and that are not funded by the CDD.
3HOA may provide enhanced maintenance on COJ owned roads.
4Funding for electricity provided by COJ.
5It is currently the intention of the CDD to acquire Trading Post Drive and EverRange Parkway landscape, irrigation, hardscape, signage, street lighting, electrical, master utilities, and ponds and for the CDD to construct the master recreational improvements including the amenity center. These plans are subject to change.

COJ = City of Jacksonville
FDOT = Florida Department of Transportation CDD = Community Development District JEA = Jacksonville Electric Authority
HOA = Home Owners Association

Note: This exhibit identifies the current intentions of the District and is subject to change based upon various factors such as future development plans or market conditions.

Note: This exhibit was prepared under the direction of Daniel Welch P.E.

EXHIBIT 8
COST ESTIMATE SHEET
COASTAL RIDGE COMMUNITY DEVELOPMENT DISTRICT

INFRASTRUCTURE COSTS
Annual Outlay3
Total	2023	2024  2025
1. US1 Roadway Improvements	$5,726,338	20%	40%  40% 				
2. Trading Post Drive, EverRange Parkway, and Rustic Ridge Drive
Landscape, Irrigation, Signage, and Hardscape	
$7,260,000	
10%	
30%	
60%		
3. Trading Post Drive, EverRange Parkway, and Rustic Ridge Drive Fencing	$825,000	0%	10%	90%		
Trading Post Drive, EverRange Parkway, and Rustic Ridge Drive
4. Electric/Street Lighting	
$2,926,944	
0%	
20%	
80%		

5.
6.	Trading Post Drive, EverRange Parkway, and Rustic Ridge Drive
Roadway Improvements	
$17,863,795	
10%	
70%	
20%	
	Utilities (Water, Sewer, Electrical, Street Lighting)1,2	$38,149,384	10%	70%	20%	
7. Stormwater Systems	$39,506,128	10%	80%	10%		
8. Neighborhood Roadway Improvements	$15,840,000		20%	80%		
9. Recreational Improvements*	$16,721,200		10%	90%		
10. Engineering, Testing, Planning, CEI, Mobilization, As-builts, Erosion Control, Etc.	$21,722,818	30%	50%	20%			
TOTAL COSTS	$166,541,608
-Costs include contingency as noted within the report.
	1.	Includes Transmission (Trunk) Water, Sewer (Force Main), and JEA Electric. Costs include Booster Pump Station and Reuse Pump Stations.
	2.	Utility improvements will by partially funded by JEA pursuant to the Cost Participation Agreement. JEA Cost Participation of $13,402,945.00 is not included in this cost, as it has been agreed to be reimbursed by JEA.
	3.	Represents anticipated annual outlay of costs based on anticipated construction timeline.
* These estimates contemplate the exercise of special powers pursuant to Sections 190.012(2)(a) and 190.012(2)(d), Florida Statutes.
Note: This exhibit identifies the current intentions of the District and is subject to change based upon various factors such as future development plans or market conditions.
Note: This exhibit was prepared under the direction of Daniel Welch P.E.
INFRASTRUCTURE COSTS -
POTENTIAL FUTURE EXPANSION PARCELS	Total
1. Potential Future Expansion Parcel #1 Landscape / Hardscape / Irrigation	$240,000	
2. Potential Future Expansion Parcel #1 Utilities	$1,704,000	
3. Potential Future Expansion Parcel #1 Stormwater System	$1,554,900	
4. Potential Future Expansion Parcel #1 Roadway Improvements	$1,065,000	
5. Potential Future Expansion Parcel #1 Recreational Improvements3	$410,400	
6. Potential Future Expansion Parcel #1 - Engineering, Testing, Planning, CEI, Mobilization, As-builts, Erosion Control, Etc.	
$746,145	
7. Potential Future Expansion Parcel #2 Landscape / Hardscape / Irrigation	$7,200,000	
8. Potential Future Expansion Parcel #2 Utilities	$86,753,939	
9. Potential Future Expansion Parcel #2 Stormwater System	$46,249,860	
10. Potential Future Expansion Parcel #2 Roadway Improvements	$73,368,513		
11. Potential Future Expansion Parcel #2 Recreational Improvements3	$25,782,000		
12. Potential Future Expansion Parcel #2 - Engineering, Testing, Planning,
CEI, Mobilization, As-builts, Erosion Control, Etc.	$35,903,147		
13. Potential Future Expansion Parcel #3 Landscape / Hardscape / Irrigation	$0		
14. Potential Future Expansion Parcel #3 Utilities	$4,368,000		
15. Potential Future Expansion Parcel #3 Stormwater System	$3,219,300		
16. Potential Future Expansion Parcel #3 Roadway Improvements	$2,205,000		
17. Potential Future Expansion Parcel #3 Recreational Improvements3	$352,800		
18. Potential Future Expansion Parcel #13- Engineering, Testing, Planning,
CEI, Mobilization, As-builts, Erosion Control, Etc.	$1,521,765		
TOTAL COSTS	$292,644,768
-Costs include contingency as noted within the report.

Exhibit B

Supplemental Special Assessment Methodology Report, dated May 21, 2025
Coastal Ridge Community Development District

Supplemental Special Assessment Methodology Report

May 21, 2025

Governmental Management Services, LLC
Table of Contents

	1.	Introduction
	2.	Purpose	1
	3.	Scope of the Report	1
	4.	Special and General Benefits	1
	5.	Organization of this Report	2
2.0	Development Program for Coastal Ridge
	2.	Overview	2
	3.	The Development Program	2
3.0	The Capital Improvement Program Coastal Ridge
	3.	Engineering Report	3
	4.	Capital Improvement Program	3
	4.	Financing Program for Coastal Ridge
	5.	Overview	3
	6.	Type of Special Assessment Bonds Proposed	4
	5.	Assessment Methodology
	6.	Overview	4
	7.	Assigning Debt	5
	8.	Lienability Test: Special and Peculiar Benefit to the Property	5
	9.	Lienability Test: Reasonable and Fair Apportionment of the Duty to Pay 6
	10.	True-Up Mechanism	7
5.6.	Additional Stipulations	8
6.0	Appendix
Table 1 Land Use.………………………………………………………………………….…….………….… Table 2 Infrastructure Cost Estimates.…………………………………………….………………. Table 3 Financing Estimates…...….………………………………….………………………………… Table 4 Determination of Benefit and Debt Allocation….............................……… Table 5 Preliminary Assessment Roll…………………………….......…………………………….

ii
	1.	Introduction

	1.	Purpose
This Supplemental Special Assessment Methodology Report (“Report”) provides a methodology for allocating the proposed debt to be incurred by the Coastal Ridge Community Development District (“District”) to properties in the District in order to fund the District’s proposed Master Capital Improvement Plan (“Master CIP”). The District’s debt will fund a portion of the Master CIP, which is described in more detail in the Engineer’s Report (as defined herein), that will allow the development of the property in the District. The methodology allocates this debt to properties based upon the special benefits each receives from the Master CIP. In this case the property located within the District includes approximately 1,002.30 acres located in Duval County (the “County”), Florida of which is the (“Assessment Area”) for purposes of this Report. This report is designed to conform to the requirements of Chapters 190 and 170, Florida Statutes, with respect to special assessments and is consistent with our understanding of the case law on this subject.

	1.	Scope of the Report

This Report presents the projections for financing the Master CIP, which includes the improvements described in the Master Engineer’s Report for Coastal Ridge Community Development District developed by England, Thims, & Miller, Inc., dated February 21, 2025 (“the Engineer’s Report”). This Report also describes the master apportionment of benefit and special assessments resulting from the provision of the Master CIP to the lands within the District.
	1.	Special Benefits and General Benefits
The Master CIP undertaken by the District creates special and peculiar benefits to property within the District, different and special in kind and degree than general benefits to the public at large.

However, as discussed within this Report, the general benefits are incidental in nature and are readily distinguishable from the special and peculiar benefits which accrue to property within the District. The Master CIP enables properties within the District’s boundaries to be developed. Without the Master CIP, there would be no infrastructure to support the development of the land within the District. Without these improvements,
state and local law would prohibit the development of property within the District.
There is no doubt that the general public, including property owners, and property outside the District, will benefit from the provision of the Master CIP. However, these benefits are incidental to the Master CIP, which is designed solely to provide special benefits peculiar to property within the District. Properties outside the District do not depend upon the Master CIP to obtain, or to maintain their development entitlements. This fact alone clearly distinguishes the special benefits which District properties receive compared to those lying outside of the District’s boundaries. Even though the exact value of the benefits provided by the Master CIP is difficult to estimate at this point, it is nevertheless greater than the costs associated with providing the Master CIP.

	1.	Organization of this Report
Section Two describes the development program as proposed by the Developer.
Section Three provides a summary of the Master CIP as determined by the District Engineer.

Section Four discusses the financing program for the District.
Section Five introduces the Assessment Methodology.
	2.	District Development Program

	2.	Overview
The Coastal Ridge development is designed as a planned residential community, located within the City of Jacksonville, Duval County, Florida. The proposed land use within the District is consistent with the City, County and State Land Use and Comprehensive Plans.

	2.	The Development Program

The current Development plan for the Assessment Area will consist of approximately 1,101 residential homes The current development program is comprised of 90 townhome units, 29 - 80’ lots, 72 – 70’ lots, 418 – 60’
lots, 385 – 50 lots, and 107 - 40’ lots.
	3.	The District’s Capital Improvement Plan
	4.	Engineer’s Report

The Master CIP and the estimated cost to be funded by the District is determined by the District Engineer in the Engineer’s Report. The Master CIP includes only improvements that may qualify for bond financing by the District under Chapter 190, Florida Statutes.

	3.	Master Capital Improvement Plan
The Master CIP consists of the following: US1 Roadway Improvements, Trading Post Drive, EverRange Parkway (utilities, landscape, hardscape, and electric), Rustic Ridge Drive (utilities, landscape, hardscape, and electric), Stormwater Management and Conveyance System, Master Recreational Improvements, Planning, Engineering, Survey, Regulatory, and 10% Contingency. The Master CIP will represent a system of improvements that, irrespective of certain exceptions described further in Section 5.1 of this Report, will provide benefits to all of the assessable lands within the District.

At the time of this writing, the total costs of the Master CIP, according to the Engineer’s Report, were projected at $93,716,110.
	4.	Financing Program for Coastal Ridge

	4.	Overview

As noted above, the District is embarking on the Master CIP, which will facilitate the development of lands within the District. Construction of the Master CIP may be funded by the Developer and acquired by the District under an agreement between the District and the Developer, or maybe funded directly by the District. The structure of financing presented below is preliminary and subject to change.

It is currently contemplated that the District will finance a portion of the Master CIP with Special Assessment Bonds. The preliminary financing plan for the District anticipates the issuance of Special Assessment Bonds, Series 2025 (the “Series 2025 Bonds”) in the principal amount $30,365,000 to fund a portion of the District’s Master CIP, as shown in Table 3.
	4.	Types of Special Assessment Bonds Proposed

As projected in the current master financing plan; in order to finance all or a portion of the Master CIP, the District will incur indebtedness in the total amount of $30,365,000.
The difference between the Bond debt and the Master CIP is comprised of costs of issuance, including the underwriter’s discount and professional fees associated, and funding a debt service reserve.

Sources and uses of funding are presented in Table 3 in the Appendix.

	5.	Assessment Methodology

	5.	Overview
Special Assessment Bonds provide the District with funds to acquire and / or construct the Master CIP outlined in Section 3.2 and the Engineer’s Report. These improvements lead to special and general benefits, with special benefits accruing specifically to the properties within the boundaries of the District and general benefits generally accruing to areas outside the District and being only incidental in nature. The debt incurred in financing the Master CIP will be paid off by assessing properties that derive special and peculiar benefits from the proposed public infrastructure set forth in the Master CIP. All properties that receive special benefits from the District’s Master CIP will either be assessed or the developer will be required to make a contribution of a portion of the Master CIP in lieu of an assessment. Such a contribution, if any, will be described in a supplement to this report.

	5.	Assigning Debt

The current development plan for the Assessment Area projects 1,101 single-family residential homes; however, the planned unit numbers and land use types may change.

All residential development within the District will benefit from all the Master CIP categories, as the improvements provide basic infrastructure to all residential lands within the District and benefit all residential lands within the District as an integrated system of improvements. Benefited units will be treated on an equivalent residential unit (“ERU”) basis for each
single-family residential and townhome unit based upon the front footage of the lot. A TH lot will be equal to .50 ERU, a 40’ lot is .80 ERU, a 50’ lot is 1 ERU, a 60’ lot is 1.20 ERU, a 70’ lot is 1.40 ERU, and an 80’ lot is 1.60 ERU.
The development plan can change resulting in different product types being introduced for which the Assessment Consultant will apply the same Methodology described herein to assign an ERU to such new product types.

As the provision of the Master CIP by the District will make the lands in the District developable, the land will become more valuable to property owners. The increase in the value of the land provides the logical benefit of improvements that accrues to the developable land within the District.
Initially, the assessments will be levied on all assessable lands within the District based on the approved site plan on an equal acreage basis, because at that juncture, every acre benefits equally from the Master CIP. As parcels of land are platted or sold by the Developer with specific entitlements assigned thereto, the Series 2025 Assessments are then allocated to such parcel or parcels based upon the amount of units platted or transferred entitlements.

The debt incurred by the District to fund the Master CIP is allocated to the properties receiving special benefits on the basis of development intensity and density. The responsibility for the repayment of the District’s debt through assessments will ultimately be distributed in proportion to the special benefit peculiar to the assessable land within the District, as it may be classified within each of the land use categories. For the purpose of determining the special benefit accruing to the lands within the District, the Master CIP estimated costs have been allocated to each acre on an equal basis.

	5.	Lienability Test: Special and Peculiar Benefit to the Property

As first discussed in Section 1.3, Special Benefits and General Benefits, the Master CIP creates special and peculiar benefits to the assessable properties within the District. The Master CIP benefits properties within the District and such benefits accrue to all assessable properties initially on an equal acreage basis and then on a per lot basis upon platting.
The Master CIP can be shown to be creating special and peculiar benefits to the property. The special and peculiar benefits resulting from the Master CIP undertaken by the District include, but are not limited to:
	a.	Transportation Improvements result in special and peculiar benefits such as the added use of the property for development, added enjoyment of the property, avoidance of stormwater management issues and increased marketability of the property.
	b.	Utility Improvements result in special and peculiar benefits such as the added use of the property, and likely increased marketability and value of the property.
	c.	Amenities, Entry Features and Landscaping result in special and peculiar benefits such as the added use of the property, and likely increased marketability and value of the property.
	d.	Storm Water systems result in special and peculiar benefits such as the added use of the property, decreased insurance premiums, added enjoyment of the property, and likely increased marketability of the property.
	e.	A contingency is necessary in the current economic environment with the likelihood of increased costs for materials and labor over the life of the construction of the project.

These special and peculiar benefits are real and ascertainable, but not yet capable of being calculated and assessed in terms of numerical value, however, each is more valuable than either the cost of, or the actual assessment levied for, the Master CIP or debt allocated to the benefiting land.
Further, to the extent that any parcel of land within the District which has not been platted is sold to another third-party developer or builder, the assessments will be assigned to such parcel at the time of the sale based upon the development rights associated with such parcel that are transferred from seller to buyer.
	5.	Lienability Test: Reasonable and Fair Apportionment of the Duty to Pay

A reasonable estimate of the proportion of special and peculiar benefits received from the Master CIP is delineated in Table 4 (expressed as Allocation of Total Par Debt).
The determination has been made that the duty to pay the non-ad valorem special assessments is fairly and reasonably apportioned because the special and peculiar benefits to the property derived from the acquisition and or construction of the Master CIP (and the concomitant responsibility
for the payment of the resultant and allocated debt) have been apportioned to the property according to reasonable estimates of the special and peculiar benefits provided consistent with the land use.
Accordingly, no acre or parcel of property within the boundaries of the District will be liened for the payment of any non-ad valorem special assessment more than the determined special benefit peculiar to that property. Further, the debt allocation will not be affected.

In accordance with the benefit allocation in Table 4, a Total Par Debt per Unit has been calculated for each single-family unit. This amount represents the preliminary anticipated per unit debt allocation, assuming all anticipated units are built and sold in the planned development and the entire proposed Master CIP is developed or acquired and financed by the District.

	5.	True-Up Mechanism
In order to ensure that the District’s debt will not build up on the unsold/unplatted acres, and to ensure that the requirements that the non- ad valorem special assessments be constitutionally lienable on the property will continue to be met, the District shall determine the following:

To ensure that there will always be sufficient development potential remaining in the undivided/unplatted property to assure payment of debt service after a plat or site plan approval, the following test will be applied. The test is that the debt per acre remaining on the undivided/unplatted land is never allowed to increase above its maximum debt per acre level.
As provided for in Section 5.2, as parcels of land are sold by the Developer, the Series 2025 Assessments are allocated to such parcels based upon the amount of units to be platted or transferred entitlements. To date, the Developer has sold one (2) residential tracts, Parcel 26F planned for 132 age-restricted residential units to TDC LB ER, LLC (‘TDC”) and Parcel 26E planned for 90 Town Homes to Kennedy Lewis Capital Partners Master Fund IV-C LP (“KLCP”). Accordingly, $3,703,872 of the Series 2025 Assessments have been allocated to Parcel 26F and $1,835,062 of the Series 2025 Assessments have been allocated to Parcel 26E based on the anticipated number of units. In this case, it is $3,703,872 divided by 205.32 acres equaling $18,040 per acre for Parcel 26F and $1,835,062 divided by
16.63 acres equaling $110,346 per acre for Parcel 26E. Once a site plan for the development is completed the acreage will be reduced by the number of platted units and the calculation of debt per acre will be adjusted
accordingly. Thus, if the initial debt level is $18,040 per acre for Parcel 26F, every time a plat or site plan approval is presented, the debt on the unplatted land remaining after the plat or site plan approval must remain at or below $18,040 per acre. If not, then in order for the TDC to receive a plat or site plan approval from Duval County, the TDC agrees that the District will require a density reduction payment so that the $18,040 per acre debt level is not exceeded. Likewise, if the initial debt level is $110,346 per acre for Parcel 26E, every time a plat or site plan approval is presented, the debt on the unplatted land remaining after the plat or site plan approval must remain at or below $110,346 per acre. If not, then in order for the KLCP to receive a plat or site plan approval from Duval County, the KLCP agrees that the District will require a density reduction payment so that the $110,346 per acre debt level is not exceeded.

Similarly, there is $24,826,066 of the Series 2025 Assessments allocated to the lands owned by the Developer in the District. In this case, it is
$24,826,0665 divided by 780.35 acres equaling $31,814 per acre. Once a site plan for the development is completed the acreage will be reduced by the number of platted units and the calculation of debt per acre will be adjusted accordingly. Thus, if the initial debt level is $31,814 per acre, every time a plat or site plan approval is presented, the debt on the unplatted land remaining after the plat or site plan approval must remain at or below $31,814 per acre. If not, then in order for the Developer to receive a plat or site plan approval from Duval County, the Developer agrees that the District will require a density reduction payment so that the $31,814 per acre debt level is not exceeded.

	5.	Additional Stipulations

Certain financing, development, and engineering data was provided by members of District staff and/or the Developer. The allocation methodology described herein was based on information provided by those professionals. Governmental Management Services LLC makes no representations regarding said information transactions beyond restatement of the factual information necessary for compilation of this report. For further information about the District’s Bonds, please refer to the indentures relating to such bonds.
TABLE 1	
Coastal Ridge CDD	
Land Use	

Land Use	Unit
                Count		ERU Per
Unit		Total
ERU's		

TH	90	0.50	45.00	
Residential - 40' Lot	107	0.80	85.60	
Residential - 50' Lot	385	1.00	385.00	
Residential - 60' Lot	418	1.20	501.60	
Residential - 70' Lot	72	1.40	100.80	
Residential - 80' Lot	29	1.60	46.40	

 1,164.40 

Information provided by England, Thims & Miller, Inc.
TABLE 2	
Coastal Ridge CDD	
Master Infrastructure Cost Estimates	

Master Infrastructure Improvements	Total Master CIP	

US1 Roadway Improvements	$	5,205,762	
Trading Post Drive, EverRange Parkway	$	36,003,789	
Utilities, Landscape, Hardscape, and Electric		
Rustic Ridge Drive	$	1,888,142	
Utilities, Landscape, Hardscape, and Electric		
Stormwater Management and Conveyance System	$	16,986,189	
Master Recreational Improvements	$	14,000,000	
Planning, Engineering, Survey, and Regulatory (15%)	$	11,112,582	
Contigency (10%)	$	8,519,646	

Total Master CIP	 $	93,716,110 	

Capital Improvement Plan Report Dated February 21, 2025
TABLE 3	
Coastal Ridge CDD	
Financing Estimates	

	Bond Sizing	

Construction / Acquisition Requirments	26,696,634	
Debt Service Reserve Fund (1)	2,159,375	
Capitalized Interest	707,338	
Cost of Issuance	187,400	
Underwriter's Discount	607,300	
Original Issue Discount	6,953	

Total Par		30,365,000	

Principal Amortization Installments	30	
Average Coupon Rate	5.9118%	
Par Amount	30,365,000	
Maximum Annual Debt Service	2,159,375	
Capitalized Interest Through	11/1/2025	
Maturity	05/01/55	

(1) DSRF is based on Maximum Annual Debt Service (MADS)

Information provided by MBS Capital Markets, LLC.
TABLE 4	
Coastal Ridge CDD	
Benefit and Par Debt Allocations	

Development Type	
Number of Planned Units	

Total ERU's	Estimated Par Debt Issuance Prior to Developer Contribution	

Developer Contribution	

Allocation of Total Par Debt	

Par per Unit	Allocation of Maximum Annual Debt Service Net	
Debt Service Annual Assessment Per Unit Net	Debt Service Annual Assessment Per Unit Gross	

TH	90	45.00	1,835,709	(648)	1,835,062	20,390	130,498	1,450	1,568	
40' Lot	107	85.60	3,491,927	(708,399)	2,783,529	26,014	197,948	1,850	2,000	
50' Lot	385	385.00	15,705,514	(5,148,635)	10,556,879	27,420	750,741	1,950	2,108	
60' Lot	418	501.60	20,462,041	(8,412,504)	12,049,536	28,827	856,890	2,050	2,216	
70' Lot	72	100.80	4,111,989	(1,909,915)	2,202,074	30,584	156,598	2,175	2,351	
80' Lot	29	46.40	1,892,820	(954,900)	937,920	32,342	66,699	2,300	2,486	

	2,159,375

Discounts and collection cost from the County Tax Collector and Property Appraiser will be added to the net annual	
assessments when the uniform method of collection is utilized. Duval County Collection cost of 7.5%	
TABLE 5	
Coastal Ridge CDD	
Preliminary Assessment Roll	

Property Owner	Acres	Par Debt Per Acre	Assigned Debt	Net Annual
Assessment Per Acre	Assigned Net
Annual Assessment	

EVRDEV, LLC	780.35	31,814	24,826,066	2,262	1,765,480	
TDC LB ER, LLC	205.32	18,040	3,703,872	1,283	263,397	
KENNEDY LEWIS CAPITAL PARTNERS	16.63	110,346	1,835,062	7,847	130,498	
MASTER FUND IV-C LP								
Total			1,002.30			30,365,000			2,159,375	

Discounts and collection cost from the County Tax Collector and Property Appraiser will be added to the net	
assessments when the uniform method of collection is utilized.	
Erm
EVRDEV, LLC PROPERTY

SURVEYING&MAPPING

14775 Old St. Augu=stine Road, Jac:.k5onville, Florida 3.2258
etminc.com I 904.642.8550

October 30, 2024 Page l of 3
Work Order No. 24-585.00 ile	o. 130G-02.00A

Coastal Ridge Community Development District Boundary

A portion of Sections 15, 16, 22, 27 and 34, together with portions of Section 41 of the G.I.F. Clarke Grant, Section 42 of the Sam Fairbanks Grant, Section 43 of the James Hall Grant, and Section 48 of the Christopher Minchen Grant, all lying in Township 4 South, Range 28 East, Duval County, Florida, being more particularly described as follows:

For a Point of Beginning, commence at the Southeasterly comer of Section 21, said Township and Range; thence Northerly along the Easterly line of said Section 21 the following 5 courses: Course 1, thence  orth 00°38'54" West, 615.70 feet; Course 2, thence South 64°32'22" West, 98.99 feet;
Course 3, thence 011h 25°18'58" West, 3966.16 feet; Course 4, thence 01th 64°24'35" East, 1926.90 feet; Course 5, thence North 00°26'43" West, 399.70 feet to the Northeasterly corner tl1ereof; thence South 89°14'34" West, along the Northerly line of said Section 2 l, a distance of 1310.35 feet; thence South 55°11 '05" West, continuing along said Northerly line, 1231.18 feet; thence North 29°42'19" West, departing said ortherly line, 314.83 feet; thence orth 30°22'52" East, 4414.25 feet; thence North 84°29'40" East, 1415.26 feet; thence South 65°46' 19" East,
2751.03 feet; thence South 04°23'55" East, 595.55 feet; thence South 59°07'50" West, 1769.76
feet; thence South 36°55'53" West, 1581.86 feet; thence South 23°53 '04" West, 1559.34 feet; thence South 24°47'43" East, 4334.68 feet to the orthwesterly comer of Section 44 of the G.I.F. Clarke Grant, said Township and Range; thence South 16°16'53" East, along the Westerly line of said Section 44, a distance of 3684.61 feet to the Southwesterly corner thereof; thence South 44°59'03" West, L027.20 feet to the 01thwesterly corner of Section 47 of the G.I.F. Clarke Grant, said Township and Range; thence South 20°30'1T' East, along the Westerly line of said Section 47, a distance of 4641.98 feet to its intersection with the Northerly line of Conservation Easement Parcel "E'', as described and recorded in OUicial Records Book 17745, page 1343, of said current Public Records, said line also being the Northwesterly line of Tract "A", as desctibed and recorded in Official Records Book 9494, page 905, of said current Public Records; thence South 75°59'11" West, along said orthwesterly line, 2321.06 feet to a point lying on the boundary line of Parcel 100, as described and recorded in Official Records Book 12718, page 100 l, of aid current Public Records; thence al.ong said boundary line the following 5 courses: Comse 1, thence . ortb 51°51'13" East, departing said  orthwesterly line, 422.98 feet; Course 2, thence North 50°43 '44"
West, 658.35 feet; Course 3, thence South 39°16'16" West, 611.00 feet; Course 4, thence South
48°23'52" West, 234.00 feet; Course 5, thence South 41°36'08" East, 256.16 feet to the Southwesterly corner thereof, said corner lying on said Northwesterly line of Tract "A"; thence South 75°59' 11" West, along said Northwesterly line, 157.83 feet; thence orth 41°19'43" West, departing said Northwesterly line and along a line 30 feet Northeasterly of and parallel with the Northeasterly right of way line of U.S. Highway  o. 1 (Philips Highway), a variable width right of way as presently established, 329.18 feet; thence South 86° I9 '59" East, 39.91 feet to a point on a non-tangent cuive concave Nortl1westerly having a radius of 2940.00 feet; thence ortheasterly along the arc of said curve, through a central angle of 08°35 '23", an arc length of 440.76 feet to the point of tangency of said curve, said arc being subtended by a chord bearing and distance of North 43°50'21" East, 440.35 feet; thence North 39°32'40" East, 461.79 feet to the point of
October 30, 2024
Page 2 of 3
Work Order No. 24-585.00 File No. 130G-02.00A
Coastal Ridge Community Development District Boundary (continued)
curvature of a curve concave Westerly having a radius of 490.00 feet; thence Northerly along the arc of said curve, through a central angle of 80°59'48", an arc length of 692.69 feet to the point of tangency of said curve, said arc being subtended by a chord bearing and distance of North 00°57' 14" West, 636.44 feet; thence North 41°27'08" West, 269.45 feet to the point of curvature of a curve concave Southerly having a radius of 100.00 feet; thence Westerly along the arc of said curve, through a central angle of 90°00'00", an arc length of 157.08 feet to the point of tangency of said curve, said arc being subtended by a chord bearing and distance of North 86°27'08" West,
141.42 feet; thence South 48°32'52" West, 1206.28 feet; thence South 02°10'35" West, 40.89 feet; thence North 41°19'43" West, along a line 30 feet Northeasterly of and parallel with said Northeasterly right of way line of U.S. Highway No. l, a distance of219.36 feetto its intersection with the Southeasterly line of those lands described and recorded in Official Records Book 18184, page 1682, of said current Public Records; thence North 48°35'05" East, along said Southeasterly line, 606.56 feet to the Easterly most comer thereof; thence North 41°20'35" West, along the Northeasterly line of said Official Records Book 18184, page 1682, a distance of 363.37 feet; thence North 60°42'08" East, departing said Northeasterly line, 322.13 feet; thence North 77°11'2 l" East, 427.87 feet; thence South 75°27'20" East, 77.24 feet to a point on a non-tangent curve concave Westerly having a radius of 490.00 feet; thence Northerly along the arc of said curve, through a central angle of 43°19'48", an arc length of 370.56 feet to the point of tangency of said curve, said arc being subtended by a chord bearing and distance of North 07°07'14" West,
361.79 feet; thence North 28°47'08" West, 428.38 feet to the point of curvature of a curve concave Easterly having a radius of 2560.00 feet; thence Northerly along the arc of said curve, through a central angle of 15°19' 18", an arc length of 684.58 feet to a point on said curve, said arc being subtended by a chord bearing and distance of North 21°07'29" West, 682.54 feet; thence South 75°47'43" West, along a non-tangent line, 774.14 feet to a point lying on the Westerly line of said Section 34; thence North 01°12'10" West, along said Westerly line, 1177.38 feet to the Northwesterly corner thereof; thence North 89°00'20" East, along the Northerly line of said Section 34, a distance of 667.54 feet to its intersection with the Southerly prolongation of the Easterly line of those lands described and recorded in Official Records Book 19061, page 203, of said current Public Records; thence North 00°59'45" West, departing said Northerly line, along said Southerly prolongation, along said Easterly line, and along the Easterly line of those lands described and recorded in Official Records Book 19577, page 2109, of said current Public Records, a distance of 1343.31 feet to the Northeasterly corner thereof; thence South 88°40'15" West, along the Northerly line of said Official Records Book 19577, page 2109, a distance of 667.52 feet to the Northwesterly corner thereof, said corner lying on the Westerly line of said Section 27; thence North 00°59'51" West, along said Westerly line, 4027.38 feet to the Northwesterly corner thereof and the Point of Beginning.
Less and Except from the above described lands the following Exception Parcels:
Exception 1
A portion of Section 34, together with a portion of Section 48 of the Christopher Minchen Grant, Township 4 South, Range 28 East, Duval County, Florida, being more particularly described as follows:

[LESS AND EXCEPT THE TDC LB ER, LLC PROPERTY AND THE KENNEDY LEWIS CAPITAL PARTNERS MASTER FUND IV-C LP PROPERTY]
TDC LB ER, LLC PROPERTY

A pmtion of ections 27 and 34, together with a pm1ion of Section 48 of the Christopher 1inchen Grant, all lying in Town snip 4 South, Range 28 East, Duval County, Florida, being a portion of Big Creek Overall., as de crlbed and recorded in Official Records Book 20625, page 1175, of the current Public Rec-ords of said county, being mo11e particularly de cribed a follows:

For a Point of eference, commenc-e at the orthwe rt: corner of said ection 34; thence North 89°00'20" East, along the Northerly line of said Se-ction 34, a distance of I 173.82 fe.et to the Point of Beginning.

From said Point o.f Beginning, thence No1th 07°59' 14'' West, departing said Northerly line of Section 34, a distance of 1146.78 feet; thence  outh 89°00' 15" We t, I 84.19 feet; thence North 00°59 45'' West, 217.48 feet to the point of curvatllre of a curve concave Westerly having a radius of 2592.50 feet; thence Northerly a.long the arc of said curve, through a centr.al angle of06°03'39", an arc length of 274.24 feet to a point on said curve, said arc being subtended by a chord bearing and distance of 01th 04°01'34" West, 274.11 '6 et; thence North 26°48'33'' East. along a non-tangent line? 3LI 7 foet to, a point lying on the outherly prolongation of the Westerly line of Conservation Easement 11, as described and recorded in Official Records Book 20801, page 1304, of said current Publk Record ; thence	 ortherly,. along said outherly prolongation, a.long said Westerly line and along the arc of a nonatangent curve concave Westerly having a radiu of 2610.00 foet, tlwough a central angle of 09°00' 16", an arc length of 410,18 feet to a point on said curve; said arc being subtended by a chord bearing and distance of No1th 12°07'38" West, 409.76 feet; thence North 28<>l3 54" East, departing said Westerly line and along a non..ctangent line, 3291.39 feet to a point lying on the Westerly line of Section 44 ofthe G.l.F. Clarke Grant, said  ownship and Range; thence South 16°!6'53'' East, along said Westerly line, 3658.25 feet to the _outhwesterly comer thereof, said corner also being the orthwesterly corner of Parcel I, as describe and recorded in Official Records Book 20709, page 39, of said current Public Records; thence South 44°59 03" West, along the We terly line of said Parcel I, a distance of I027.20 feet to the	outhwesterly corner thereof: said corner also being the orthwesterly corner of ection 47 ofthe G.l.F. Clal'ke Grant, said Township and Range; thence South 20°30' 17" East, along the We t fly Iine of said Section 47, a distance of 1329,8l feet; thence South 69°50 52'' West, departing said Westerly line, 710.42 feet; thence. outh 29°26'17" East, 28.54 feet; thence	outh 13°44'26" East 9.39 feet; thence South 69°50'52" West, 103.62 feet to th.e point of curvature of a curve concave Southeasterly having a radius of l 062.50 feet; thence Sollthwesterly along the arc of said curve, through a central ang·e of 07°07'22" an arc length of 132.08 feet to a point on said c11rve, said arc being subtended by a chord bearing and distance of outh 66°17' ]2 • West, 132.00 feet; thence outh 20° i 7'09"	t, along a non-tangent line, 2.52 feet to a point on a non-tangent curve concave • outheastedy having a radiu of l 060.00 feet; thence Southwesterly along the are of said curve, through a central angle of 00°07'53", an a11c length of 2.43 feet to the point of tangency of said curve, said arc being subtended by a chord bearing and distance of South 62°38'35'' We t, 2.43 feet; thence South 62°34'38" West. 181.29 feet; thence South 66,;,54'37" West, 132.36 feet to the Southeasterly comer of	onservation Easement 9 as described and recorded in said Official Records Book 20801, page 1304; thence South 62°34'38" West., along the Southerly line ofsaid Conservation Easement 9, a distance of 135.04 feet; thence N 1ih 36°14'24" West, depatting said Southerly line,
955.26 feet; thence	01th 07°59' 14'' West, 333.37 fe. t to the Point of Beginning.
KENNEDY LEWIS CAPITAL PARTNERS MASTER FUND IV-C LP PROPERTY

Exhibit C

Maturities and Coupon of Series 2025 Bonds

BOND PRICING
Coastal Ridge Community Development District (City of Jacksonville, Florida)
Special Assessment Revenue Bonds, Series 2025
PRICING DATE: May 20, 2025
·- FINAL PRICING NUMBERS
Bond Co.atpo,nC1,11t	.... c ....	,_,.,. .... y;,,,	....
Tem,Bonddlle2000:

PremU
{.oiKovnq
OSJOl/2026	◄10,000 ◄➔◄(Olli,  ◄.◄?	99.61H	·1,266.90
0SJOl/2027	430,000 ◄➔◄(Olli,  ◄.◄?	99.61H	·1,328.10
0SJOl/2028
OSJOl/2029
.◄,S,.0,,0.0.0,
◄➔◄(Olli,  ◄.◄?	99.61H	·1,390.50
◄➔<fOO'tl. ◄.◄?	99.61H	·1,◄52..JO
OSJOl/2030 l'JOSlTA.Al
◄.◄00111, ◄.◄?	99.61H	·I St◄.10 250,000		·6,952.50
Tem,Bonddlle2045:
OSJOl/2031
OSJOl/2002
,S.lS,,0.0.0,

S.7SO'tl. 5.7S?
5.750'11, 5.7S?
,...,.
,...,.
0SJOl/2004
.61.0,000  '·""" 5.7S?
,...,.
OSJOl/2035 OSJOl/2036 OSJOl/2037 OSJOl/2038
OSJOl/2039
650,000 S.7SO'tl. 5.7S?
S.7SO'tl. 5.7S?
5.750'11, 5.7S?
,815.,0.00, '·""" 5.7S?
,...,.
,...,.
,...,.
OSJOl/2040 OSJOl/2041 OSJOl/2042
,'H,.S,,0.0.0,
S.7SO'tl. 5.7S? S.7SO'tl. 5.7S? 5.750'11, 5.7S?
,...,.
OSJOl/2043	1,025,000
0SJOl/2044	1,085,000
5.7S?
5.7S?
,...,.
OSJOl/2045 l'JOSlT At:.7	I ISIHD)
U,900,000
Tcim,BonddlleiaiS:
OSJOl/2046	1,220,000
'"·'"""'" '·"""		
.,..,.... '·"""',...,.
OSJOl/2047	1,295,000
OSJOl/2048	1,375,000
OSJOl/2049	1,460,000
OS,fOl/miO	1,550,000
..,..,,....
..
'·"""',...,.
'·"""',...,.
	.		
OSJ0l/mi4	 l,'Ji'0,000 OS,fOl/miS l'JOSlTA05	2 09SOCO
16-,US,OOO
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30,365,000	·6,952.50

06J06/202S O&J06/202S
... co.,..,	U/01/2025
P,a,Atnourt	30,365,000.00
Ongtilll lswc D"-t	?9.i2.50
lO,lSS,047.50	9U111?
Lhlcrwrt0"'5 Duiount	-607,300.00	·2.00lllOllS>
Pild'l,UCA1ce	H,150,747.50	91.9111?
Aa7uo:I lntctc,st
H,150,747.50
Exhibit D

Sources and Uses of Funds for Series 2025 Bonds

Exhibit E

Annual Debt Service Payment Due on Series 2025 Bonds

B.

AGREEMENT BY AND BETWEEN THE COASTAL RIDGE COMMUNITY DEVELOPMENT DISTRICT AND TDC LB ER, LLC, REGARDING THE TRUE-UP AND PAYMENT OF 2025 ASSESSMENTS

This Agreement is made and entered into as of this 6th day of June, 2025, by and between:
COASTAL RIDGE COMMUNITY DEVELOPMENT DISTRICT, a local unit
of special-purpose government established pursuant to Chapter 190, Florida Statutes, and located in the City of Jacksonville, Duval County, Florida, and whose mailing address is 475 West Town Place, Suite 114, St. Augustine, Florida 32092 (“District”); and

TDC LB ER, LLC, a Florida limited liability company, and the owner and developer of lands within the District, with a mailing address of 6900 Tavistock Lakes Boulevard, Suite 200, Orlando, Florida 32827 (together with its successors and assigns, the “Landowner”).
RECITALS

Whereas, the Coastal Ridge Community Development District was established by Ordinance No. 2025-23-E adopted by the Council of the City of Jacksonville, Florida which became effective on February 28, 2025 (“Ordinance”) for the purpose of providing infrastructure improvements, facilities and services to the lands within the District as provided in the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes (“Act”); and

Whereas, the Act authorizes the District to issue bonds for the purpose, among others, of planning, financing, constructing, installing, operating and/or maintaining certain infrastructure, including, but not limited to, roadway, stormwater management, water, sewer and reuse water improvements, and other infrastructure projects within or without the boundaries of the District; and

Whereas, the Landowner is currently the owner of certain lands within the boundaries of the District, as further described in the attached Exhibit A (“Property”); and

Whereas, the District intends to issue $30,365,000 of Coastal Ridge Community Development District (City of Jacksonville, Florida) Special Assessment Revenue Bonds, Series
2025 (“Series 2025 Bonds”) for the purpose of financing a portion of the Capital Improvement Plan (defined herein); and
Whereas, the District has adopted a Capital Improvement Plan to finance the planning, design, acquisition, construction, and installation of certain infrastructure improvements, facilities, and services within the District, as detailed in the Improvement Plan, dated February 21, 2025 (“Engineer’s Report”); and
Whereas, the District’s Board of Supervisors has adopted a Master Special Assessment Methodology Report, dated March 3, 2025, as supplemented by the Supplemental Special Assessment Methodology Report, dated May 6, 2025 (together, the “Assessment Report and has therefore taken certain steps necessary to impose special assessments upon the benefited lands within the District, including the Property, as security for the Series 2025 Bonds (the “2025 Assessments”); and

Whereas, Landowner agrees that the Property benefits from the timely design, construction, or acquisition of the improvements that make up the Capital Improvement Plan; and

Whereas, Landowner agrees that the 2025 Assessments which were imposed on the Property have been validly imposed and constitute valid, legal and binding liens upon the Property, which 2025 Assessments remain unsatisfied; and

Whereas, to the extent permitted by law, Landowner waives any defect in notice, publication or in the proceedings to levy, impose and collect the 2025 Assessments on the Property; and

Whereas, Landowner intends that the Property will be platted, planned and developed based on then-existing market conditions, and the actual densities developed may be at some density less (or more) than the densities assumed in the Assessment Report; and

WHEREAS, the Assessment Report anticipates a mechanism by which certain payments will be made to the District in order to satisfy, in whole or in part, the assessments allocated and the liens imposed pursuant to the Assessment Resolutions, the amount of such payments being determined generally by a calculation of the remaining unallocated debt prior to the recording of the final plat or site plan for a parcel or tract, as described in the Assessment Report (which payments shall collectively be referenced as the “True-Up Payment”); and

Whereas, Landowner and the District desire to enter into an agreement to confirm Landowner’s intention and obligation, if required, to make or cause to be made the True-Up Payment related to the 2025 Assessments, subject to the terms and conditions contained herein.

Now, therefore, based upon good and valuable consideration and the mutual covenants of the parties, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows:
Section 1.  Recitals. The recitals so stated are true and correct and by this reference are incorporated into and form a material part of this Agreement.
Section 2. Validity of Assessments. Landowner agrees that the Resolutions 2025- 26, 2025-27 and 2025-28 (“Assessment Resolutions”) have been legally and duly adopted by the District. Landowner further agrees that the 2025 Assessments imposed as a lien by the District are legal, valid, and binding liens running with the land against which assessed until paid, coequal with the liens of all state, county, district, and municipal taxes, and superior in dignity to all other liens, titles, and claims. Landowner hereby waives and relinquishes any rights it may have to challenge, object to or otherwise fail to pay such 2025 Assessments.

Section 3. Covenant to Pay. The Landowner will timely pay all such 2025 Assessments levied and imposed by the District on the Property within the District, whether the 2025 Assessments are collected by the Duval County Tax Collector pursuant to Section 197.3632, Florida Statutes, by the District or by any other method allowable by law. The Landowner further waives any rights it may have under Section 170.09, Florida Statutes, to prepay the 2025 Assessments without interest within thirty (30) days of completion of the Project.
Section 4.	Special Assessment Reallocation.

	A.	The District’s special assessments securing the Series 2025 Bonds will be allocated in accordance with the District’s Assessment Report.
	B.	To preclude the Property from being fully subdivided without all of the debt being allocated, a “True Up Test” will be conducted in accordance Assessment Report. If in the course of conducting a True Up Test the District determines that the debt per unplatted acre of land exceeds the established maximum debt per acre, a debt reduction payment in the amount sufficient to reduce the remaining debt per unplatted acre to the maximum debt per acre shall become due and payable by the Landowner. The District will ensure collection of such amounts in a timely manner to meet its debt service obligations under the Indentures. The District shall record all True Up Payments in its Improvement Lien book.
	C.	The foregoing is based on the District's understanding with Landowner that Landowner will ultimately construct on the Property the development program as identified in the Assessment Report and specifically including the number of equivalent residential units (“ERUs”) identified there, and it is intended to provide a formula to ensure that the appropriate ration of the debt for the 2025 Assessments to gross acres is maintained if less than the indicated ERUs and associated development is developed. However, the District agrees that nothing herein prohibits more or fewer than the anticipated residential dwelling units from being platted. In the event Landowner plats fewer than the anticipated ERUs within Property, the Landowner may make a True-Up Payment. In no event shall the District collect 2025 Assessments in excess of the total debt service related to the Capital Improvement Plan, including all costs of financing and interest. If the strict application of the True-Up methodology would result in 2025 Assessments collected in excess of the District's total debt service obligation for the Series 2025 Project, the District agrees to take appropriate action by resolution to equitably reallocate the assessments.
Section 5.  Enforcement. This Agreement is intended to be a method of enforcement of Landowner’s obligation to abide by the requirements of the allocation of the 2025 Assessments to platted units, including the making of the True-Up Payment, as set forth in the Assessment Resolutions. A default by either party under this Agreement shall entitle the other party to all remedies available at law or in equity, which shall include, but not be limited to, the right of actual damages (not consequential, special or punitive damages), injunctive relief, and specific performance.

Section 6.	Assignment.

	A.	Agreement Runs with Land – This Agreement shall constitute a covenant running with title to the Property, binding upon Landowner and its successors and assigns as to the Property or portions thereof, and any transferee of any portion of the Property as set forth in this Section, except as permitted by subsection B., below, or subject to the conditions set forth in subsection C., below.

	A.	Exceptions – Landowner shall not transfer any portion of the Property to any third- party without complying with the terms of subsection c. below, other than:
	i.	Platted and fully developed lots to homebuilders restricted from re-platting;
	ii.	Platted and fully developed lots to end users; and

	i.	Portions of the Property which are exempt from assessments to the County, the District, a homeowners’ or property owners’ association, a public utility or other governmental agencies.

Any transfer of any portion of the Property pursuant to subsections (i), (ii) or (iii) listed above shall constitute an automatic release of such portion of the Property from the scope and effect of this Agreement, provided however, that any True-Up Payment owing is paid prior to such transfer.
	A.	Transfer Conditions – Landowner shall not transfer any portion of the Property to any third-party, except as permitted by subsection b. above, without satisfying the following condition (“Transfer Condition”): delivering a recorded copy of this Agreement to such third-party and satisfying any True-Up Payment that results from any true-up determinations made by the District incident to such transfer. Any transfer that is consummated pursuant to this Section shall operate as a release of Landowner from its obligations under this Agreement as to such portion of the Property only arising from and after the date of such transfer and satisfaction of all of the Transfer Condition including payment of any True-Up Payments due, and the transferee, which by recording or causing to be recorded in the Official Records of the County, the deed transferring such portion to the transferee shall be deemed to assume Landowner’s obligations in accordance herewith shall be deemed the
“Landowner” from and after such transfer for all purposes as to such portion of the Property so transferred. Regardless of whether the conditions of this subsection are met, any transferee, other than those specified in subsection b. above, shall take title subject to the terms of this Agreement.

Section 7. Recovery of Costs and Fees. In the event either party is required to enforce this Agreement by court proceedings or otherwise, then the prevailing party, as determined by the applicable court or other dispute resolution provider, shall be entitled to recover from the non-prevailing party all fees and costs incurred, including reasonable attorneys’ fees and costs incurred prior to or during any litigation or other dispute resolution and including all fees and costs incurred in appellate proceedings.
SECTION 8. NOTICE. All notices, requests, consents, and other communications hereunder (“Notices”) shall be in writing and shall be delivered, mailed by First Class Mail, postage prepaid, or telecopied or hand delivered to the parties, as follows:

	A.	If to the District:	Coastal Ridge Community Development District
475 West Town Place, Suite 114 St. Augustine, Florida 32092 Attn: District Manager
With a copy to:	Kutak Rock LLP
107 West College Avenue Tallahassee, Florida 32301 Attn: District Counsel

	A.	If to the Landowner:	TDC LB ER, LLC
6900 Tavistock Lakes Boulevard, Suite 200
Orlando, Florida 32827
Attn: 	

With a copy to:		

Except as otherwise provided herein, any Notice shall be deemed received only upon actual delivery at the address or telecopy number set forth herein. If mailed as provided above, Notices shall be deemed delivered on the third business day unless actually received earlier. Notices hand- delivered after 5:00 p.m. (at the place of delivery) or on a non-business day, shall be deemed received on the next business day. If any time for giving Notice contained in this Agreement would otherwise expire on a non-business day, the Notice period shall be extended to the next succeeding business day. Saturdays, Sundays, and legal holidays recognized by the United States government shall not be regarded as business days. Counsel for the parties may deliver Notice on behalf of the parties. Any party or other person to whom Notices are to be sent or copied may notify the other
parties and addressees of any change in name, address or telecopy number to which Notices shall be sent by providing the same on five (5) days written notice to the parties and addressees set forth herein.

Notwithstanding the foregoing, to the extent Florida law requires notice to enforce the collection of assessments placed on property by the District, then the provision of such notice shall be in lieu of any additional notice required by this Agreement.

Section 9. Amendment. This Agreement shall constitute the entire agreement between the parties as to the matters set forth herein and may be modified in writing only by the mutual agreement of the parties.

Section 10. Termination. This Agreement shall continue in effect until it is rescinded in writing by the mutual assent of the parties, or until the earlier of the date on which the 2025 Special Assessments are fully allocated to platted units. In any event, this Agreement shall be deemed terminated automatically as to any lot sold to an end-user. This Agreement shall also be deemed terminated automatically on the Property or portion of the Property reflected in a Release of Lien as recorded by the District, so long as conditions for such recorded release are met and are consistent with the terms of this Agreement.

Section 11. Negotiation at Arm’s Length. This Agreement has been negotiated fully between the parties as an arm’s length transaction. The parties participated fully in the preparation of this Agreement and received the advice of counsel. In the case of a dispute concerning the interpretation of any provision of this Agreement, the parties are deemed to have drafted, chosen, and selected the language, and the doubtful language will not be interpreted or construed against either party.

Section 12. Beneficiaries. Except as provided herein, this Agreement is solely for the benefit of the formal parties herein, and no right or cause of action shall accrue upon or by reason hereof, to or for the benefit of any third-party not a formal party hereto. Except as provided herein, nothing in this Agreement expressed or implied is intended or shall be construed to confer upon any person, corporation, or entity other than the parties hereto any right, remedy, or claim under or by reason of this Agreement or any provisions or conditions hereof; and all of the provisions, representations, covenants, and conditions herein contained shall inure to the sole benefit of and shall be binding upon the parties hereto and their respective representatives, successors, and assigns.

Section 13.	Limitations on Governmental Liability. Nothing in this Agreement
shall be deemed as a waiver of immunity or limits of liability of the District beyond any statutory limited waiver of immunity or limits of liability which may have been adopted by the Florida Legislature in Section 768.28, Florida Statutes, or other statute or law, and nothing in this Agreement shall inure to the benefit of any third-party for the purpose of allowing any claim which would otherwise be barred under the Doctrine of Sovereign Immunity or by operation of law.
Section 14. Applicable Law and Venue. This Agreement shall be governed by the laws of the State of Florida. The parties agree and consent that proper venue for any dispute arising out of this Agreement, whether in or out of court, shall be in Duval County, Florida.

Section 15. Execution in Counterparts. This instrument may be executed in any number of counterparts, each of which, when executed and delivered, shall constitute an original, and such counterparts together shall constitute one and the same instrument. Signature and acknowledgment pages, if any, may be detached from the counterparts and attached to a single copy of this document to physically form one document.

Section 16. Effective Date. This Agreement shall become effective after execution by the parties hereto on the date reflected above.

[signatures contained on following page]
IN WITNESS WHEREOF, Landowner has caused this True Up Agreement to be executed below as of the date first-above written, by its duly authorized representative.

WITNESSES:
TDC LB ER, LLC
a Delaware limited liability company

By: 	
Title: 	

Name:	 Address: 		

Name:		 Address: 	

STATE OF FLORIDA COUNTY OF 	

The foregoing instrument was acknowledged before me by means of ▢ physical presence or ▢ online notarization, this 	 day of 	, 2025, by 	, as
	 of TDC LB ER, LLC, on its behalf. S/He [  ] is personally known to me
or [ ] produced 	 as identification. [Notary Stamp]
Notary Public, State of Florida
IN WITNESS WHEREOF, the District has caused this True Up Agreement to be executed below as of the date first-above written, by its duly authorized representative.

WITNESSES:

COASTAL RIDGE COMMUNITY DEVELOPMENT DISTRICT, a special-
purpose unit of local government organized and existing under Chapter 190, Florida Statutes

By: 	
Name:		Maurice Rudolph
Address: 		Chairman, Board of Supervisors

Name:	  Address: 	

STATE OF FLORIDA COUNTY OF 	

The foregoing instrument was acknowledged before me by means of ▢ physical presence or ▢ online notarization, this     day of 	, 2025, by Maurice Rudolph, as Chairman of the Coastal Ridge Community Development District, on its behalf. He [ ] is personally known to me or [  ] produced 		 as identification.

[Notary Stamp]

Notary Public, State of Florida

Exhibit A: Description of Property
Exhibit A

Description of 2025 Property

Page 10 of 12

AGREEMENT BY AND BETWEEN THE COASTAL RIDGE COMMUNITY DEVELOPMENT DISTRICT AND KENNEDY LEWIS CAPITAL PARTNERS MASTER FUND IV-C LP, REGARDING THE TRUE-UP AND PAYMENT OF 2025 ASSESSMENTS

This Agreement is made and entered into as of this 6th day of June, 2025, by and between:

COASTAL RIDGE COMMUNITY DEVELOPMENT DISTRICT, a local unit
of special-purpose government established pursuant to Chapter 190, Florida Statutes, and located in the City of Jacksonville, Duval County, Florida, and whose mailing address is 475 West Town Place, Suite 114, St. Augustine, Florida 32092 (“District”); and
KENNEDY LEWIS CAPITAL PARTNERS MASTER FUND IV-C LP, a
Delaware limited partnership, and the owner and developer of lands within the District, with a mailing address of 	 (together with its successors and assigns, the “Landowner”).

RECITALS

Whereas, the Coastal Ridge Community Development District was established by Ordinance No. 2025-23-E adopted by the Council of the City of Jacksonville, Florida which became effective on February 28, 2025 (“Ordinance”) for the purpose of providing infrastructure improvements, facilities and services to the lands within the District as provided in the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes (“Act”); and
Whereas, the Act authorizes the District to issue bonds for the purpose, among others, of planning, financing, constructing, installing, operating and/or maintaining certain infrastructure, including, but not limited to, roadway, stormwater management, water, sewer and reuse water improvements, and other infrastructure projects within or without the boundaries of the District; and

Whereas, the Landowner is currently the owner of certain lands within the boundaries of the District, as further described in the attached Exhibit A (“Property”); and
Whereas, the District intends to issue $30,365,000 of Coastal Ridge Community Development District (City of Jacksonville, Florida) Special Assessment Revenue Bonds, Series 2025 (“Series 2025 Bonds”) for the purpose of financing a portion of the Capital Improvement Plan (defined herein); and

Whereas, the District has adopted a Capital Improvement Plan to finance the planning, design, acquisition, construction, and installation of certain infrastructure improvements, facilities, and services within the District, as detailed in the Improvement Plan, dated February 21, 2025 (“Engineer’s Report”); and
Whereas, the District’s Board of Supervisors has adopted a Master Special Assessment Methodology Report, dated March 3, 2025, as supplemented by the Supplemental Special Assessment Methodology Report, dated May 6, 2025 (together, the “Assessment Report and has therefore taken certain steps necessary to impose special assessments upon the benefited lands within the District, including the Property, as security for the Series 2025 Bonds (the “2025 Assessments”); and

Whereas, Landowner agrees that the Property benefits from the timely design, construction, or acquisition of the improvements that make up the Capital Improvement Plan; and

Whereas, Landowner agrees that the 2025 Assessments which were imposed on the Property have been validly imposed and constitute valid, legal and binding liens upon the Property, which 2025 Assessments remain unsatisfied; and

Whereas, to the extent permitted by law, Landowner waives any defect in notice, publication or in the proceedings to levy, impose and collect the 2025 Assessments on the Property; and

Whereas, Landowner intends that the Property will be platted, planned and developed based on then-existing market conditions, and the actual densities developed may be at some density less (or more) than the densities assumed in the Assessment Report; and

WHEREAS, the Assessment Report anticipates a mechanism by which certain payments will be made to the District in order to satisfy, in whole or in part, the assessments allocated and the liens imposed pursuant to the Assessment Resolutions, the amount of such payments being determined generally by a calculation of the remaining unallocated debt prior to the recording of the final plat or site plan for a parcel or tract, as described in the Assessment Report (which payments shall collectively be referenced as the “True-Up Payment”); and

Whereas, Landowner and the District desire to enter into an agreement to confirm Landowner’s intention and obligation, if required, to make or cause to be made the True-Up Payment related to the 2025 Assessments, subject to the terms and conditions contained herein.
Now, therefore, based upon good and valuable consideration and the mutual covenants of the parties, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows:

Section 1.  Recitals. The recitals so stated are true and correct and by this reference are incorporated into and form a material part of this Agreement.
Section 2. Validity of Assessments. Landowner agrees that the Resolutions 2025- 26, 2025-27 and 2025-28 (“Assessment Resolutions”) have been legally and duly adopted by the District. Landowner further agrees that the 2025 Assessments imposed as a lien by the District are legal, valid, and binding liens running with the land against which assessed until paid, coequal with the liens of all state, county, district, and municipal taxes, and superior in dignity to all other liens, titles, and claims. Landowner hereby waives and relinquishes any rights it may have to challenge, object to or otherwise fail to pay such 2025 Assessments.

Section 3. Covenant to Pay. The Landowner will timely pay all such 2025 Assessments levied and imposed by the District on the Property within the District, whether the 2025 Assessments are collected by the Duval County Tax Collector pursuant to Section 197.3632, Florida Statutes, by the District or by any other method allowable by law. The Landowner further waives any rights it may have under Section 170.09, Florida Statutes, to prepay the 2025 Assessments without interest within thirty (30) days of completion of the Project.
Section 4.	Special Assessment Reallocation.

	A.	The District’s special assessments securing the Series 2025 Bonds will be allocated in accordance with the District’s Assessment Report.
	B.	To preclude the Property from being fully subdivided without all of the debt being allocated, a “True Up Test” will be conducted in accordance Assessment Report. If in the course of conducting a True Up Test the District determines that the debt per unplatted acre of land exceeds the established maximum debt per acre, a debt reduction payment in the amount sufficient to reduce the remaining debt per unplatted acre to the maximum debt per acre shall become due and payable by the Landowner. The District will ensure collection of such amounts in a timely manner to meet its debt service obligations under the Indentures. The District shall record all True Up Payments in its Improvement Lien book.
	C.	The foregoing is based on the District's understanding with Landowner that Landowner will ultimately construct on the Property the development program as identified in the Assessment Report and specifically including the number of equivalent residential units (“ERUs”) identified there, and it is intended to provide a formula to ensure that the appropriate ration of the debt for the 2025 Assessments to gross acres is maintained if less than the indicated ERUs and associated development is developed. However, the District agrees that nothing herein prohibits more or fewer than the anticipated residential dwelling units from being platted. In the event Landowner plats fewer than the anticipated ERUs within Property, the Landowner may make a
True-Up Payment. In no event shall the District collect 2025 Assessments in excess of the total debt service related to the Capital Improvement Plan, including all costs of financing and interest. If the strict application of the True-Up methodology would result in 2025 Assessments collected in excess of the District's total debt service obligation for the Series 2025 Project, the District agrees to take appropriate action by resolution to equitably reallocate the assessments.

Section 5.  Enforcement. This Agreement is intended to be a method of enforcement of Landowner’s obligation to abide by the requirements of the allocation of the 2025 Assessments to platted units, including the making of the True-Up Payment, as set forth in the Assessment Resolutions. A default by either party under this Agreement shall entitle the other party to all remedies available at law or in equity, which shall include, but not be limited to, the right of actual damages (not consequential, special or punitive damages), injunctive relief, and specific performance.

Section 6.	Assignment.

	A.	Agreement Runs with Land – This Agreement shall constitute a covenant running with title to the Property, binding upon Landowner and its successors and assigns as to the Property or portions thereof, and any transferee of any portion of the Property as set forth in this Section, except as permitted by subsection B., below, or subject to the conditions set forth in subsection C., below.

	A.	Exceptions – Landowner shall not transfer any portion of the Property to any third- party without complying with the terms of subsection c. below, other than:

	i.	Platted and fully developed lots to homebuilders restricted from re-platting;

	i.	Platted and fully developed lots to end users; and

	i.	Portions of the Property which are exempt from assessments to the County, the District, a homeowners’ or property owners’ association, a public utility or other governmental agencies.
Any transfer of any portion of the Property pursuant to subsections (i), (ii) or (iii) listed above shall constitute an automatic release of such portion of the Property from the scope and effect of this Agreement, provided however, that any True-Up Payment owing is paid prior to such transfer.

	A.	Transfer Conditions – Landowner shall not transfer any portion of the Property to any third-party, except as permitted by subsection b. above, without satisfying the following condition (“Transfer Condition”): delivering a recorded copy of this Agreement to such third-party and satisfying any True-Up Payment that results from any true-up determinations made by the District incident to such transfer. Any transfer that is consummated pursuant to this Section shall operate as a release of Landowner from its obligations under this Agreement as to such portion of
the Property only arising from and after the date of such transfer and satisfaction of all of the Transfer Condition including payment of any True-Up Payments due, and the transferee, which by recording or causing to be recorded in the Official Records of the County, the deed transferring such portion to the transferee shall be deemed to assume Landowner’s obligations in accordance herewith shall be deemed the “Landowner” from and after such transfer for all purposes as to such portion of the Property so transferred. Regardless of whether the conditions of this subsection are met, any transferee, other than those specified in subsection b. above, shall take title subject to the terms of this Agreement.

Section 7. Recovery of Costs and Fees. In the event either party is required to enforce this Agreement by court proceedings or otherwise, then the prevailing party, as determined by the applicable court or other dispute resolution provider, shall be entitled to recover from the non-prevailing party all fees and costs incurred, including reasonable attorneys’ fees and costs incurred prior to or during any litigation or other dispute resolution and including all fees and costs incurred in appellate proceedings.
SECTION 8. NOTICE. All notices, requests, consents, and other communications hereunder (“Notices”) shall be in writing and shall be delivered, mailed by First Class Mail, postage prepaid, or telecopied or hand delivered to the parties, as follows:
	A.	If to the District:	Coastal Ridge Community Development District
475 West Town Place, Suite 114 St. Augustine, Florida 32092 Attn: District Manager
With a copy to:	Kutak Rock LLP
107 West College Avenue Tallahassee, Florida 32301 Attn: District Counsel

	A.	If to the Landowner:	Kennedy Lewis Capital Partners
Master Fund IV-C LP

Attn: 	

With a copy to:

Except as otherwise provided herein, any Notice shall be deemed received only upon actual delivery at the address or telecopy number set forth herein. If mailed as provided above, Notices shall be deemed delivered on the third business day unless actually received earlier. Notices hand-
delivered after 5:00 p.m. (at the place of delivery) or on a non-business day, shall be deemed received on the next business day. If any time for giving Notice contained in this Agreement would otherwise expire on a non-business day, the Notice period shall be extended to the next succeeding business day. Saturdays, Sundays, and legal holidays recognized by the United States government shall not be regarded as business days. Counsel for the parties may deliver Notice on behalf of the parties. Any party or other person to whom Notices are to be sent or copied may notify the other parties and addressees of any change in name, address or telecopy number to which Notices shall be sent by providing the same on five (5) days written notice to the parties and addressees set forth herein.

Notwithstanding the foregoing, to the extent Florida law requires notice to enforce the collection of assessments placed on property by the District, then the provision of such notice shall be in lieu of any additional notice required by this Agreement.

Section 9. Amendment. This Agreement shall constitute the entire agreement between the parties as to the matters set forth herein and may be modified in writing only by the mutual agreement of the parties.
Section 10. Termination. This Agreement shall continue in effect until it is rescinded in writing by the mutual assent of the parties, or until the earlier of the date on which the 2025 Special Assessments are fully allocated to platted units. In any event, this Agreement shall be deemed terminated automatically as to any lot sold to an end-user. This Agreement shall also be deemed terminated automatically on the Property or portion of the Property reflected in a Release of Lien as recorded by the District, so long as conditions for such recorded release are met and are consistent with the terms of this Agreement.

Section 11. Negotiation at Arm’s Length. This Agreement has been negotiated fully between the parties as an arm’s length transaction. The parties participated fully in the preparation of this Agreement and received the advice of counsel. In the case of a dispute concerning the interpretation of any provision of this Agreement, the parties are deemed to have drafted, chosen, and selected the language, and the doubtful language will not be interpreted or construed against either party.

Section 12. Beneficiaries. Except as provided herein, this Agreement is solely for the benefit of the formal parties herein, and no right or cause of action shall accrue upon or by reason hereof, to or for the benefit of any third-party not a formal party hereto. Except as provided herein, nothing in this Agreement expressed or implied is intended or shall be construed to confer upon any person, corporation, or entity other than the parties hereto any right, remedy, or claim under or by reason of this Agreement or any provisions or conditions hereof; and all of the provisions, representations, covenants, and conditions herein contained shall inure to the sole benefit of and shall be binding upon the parties hereto and their respective representatives, successors, and assigns.
Section 13.	Limitations on Governmental Liability. Nothing in this Agreement
shall be deemed as a waiver of immunity or limits of liability of the District beyond any statutory limited waiver of immunity or limits of liability which may have been adopted by the Florida Legislature in Section 768.28, Florida Statutes, or other statute or law, and nothing in this Agreement shall inure to the benefit of any third-party for the purpose of allowing any claim which would otherwise be barred under the Doctrine of Sovereign Immunity or by operation of law.

Section 14. Applicable Law and Venue. This Agreement shall be governed by the laws of the State of Florida. The parties agree and consent that proper venue for any dispute arising out of this Agreement, whether in or out of court, shall be in Duval County, Florida.

Section 15. Execution in Counterparts. This instrument may be executed in any number of counterparts, each of which, when executed and delivered, shall constitute an original, and such counterparts together shall constitute one and the same instrument. Signature and acknowledgment pages, if any, may be detached from the counterparts and attached to a single copy of this document to physically form one document.

Section 16. Effective Date. This Agreement shall become effective after execution by the parties hereto on the date reflected above.

[signatures contained on following page]
IN WITNESS WHEREOF, Landowner has caused this True Up Agreement to be executed below as of the date first-above written, by its duly authorized representative.

WITNESSES:

Name:	 Address: 		
KENNEDY LEWIS CAPITAL PARTNERS MASTER FUND IV-C LP
a Delaware limited partnership

By: 	
Title: 	

Name:		 Address: 	

STATE OF FLORIDA COUNTY OF 	

The foregoing instrument was acknowledged before me by means of ▢ physical presence or ▢ online notarization, this 	 day of 	, 2025, by 	, as
	 of Kennedy Lewis Capital Partners Master Fund IV-C LP, on its behalf.
S/He [ ] is personally known to me or [ ] produced 	 as identification.

[Notary Stamp]

Notary Public, State of Florida
IN WITNESS WHEREOF, the District has caused this True Up Agreement to be executed below as of the date first-above written, by its duly authorized representative.

WITNESSES:

COASTAL RIDGE COMMUNITY DEVELOPMENT DISTRICT, a special-
purpose unit of local government organized and existing under Chapter 190, Florida Statutes

		By: 	
Name:		Maurice Rudolph
Address: 		Chairman, Board of Supervisors

Name:	  Address: 	

STATE OF FLORIDA COUNTY OF 	

The foregoing instrument was acknowledged before me by means of ▢ physical presence or ▢ online notarization, this     day of 	, 2025, by Maurice Rudolph, as Chairman of the Coastal Ridge Community Development District, on its behalf. He [ ] is personally known to me or [  ] produced 		 as identification.

[Notary Stamp]

Notary Public, State of Florida

Exhibit A: Description of Property
Exhibit A

Description of Property

Page 10 of 12

FOURTH ORDER OF BUSINESS

A.
MINUTES OF MEETING
COASTAL RIDGE COMMUNITY DEVELOPMENT DISTRICT

The meeting of the Board of Supervisors of the Coastal Ridge Community Development District was held on Tuesday, May 6, 2025, at 11:00 a.m. at the eTown Welcome Center, 11003 E-Town Parkway in Jacksonville, Florida.

Present and constituting a quorum were:

Maurice Rudolph	Chairman
David Ray	Vice Chair
John Hewins	Supervisor
Chris Price	Supervisor

Also present were:

Jim Oliver	District Manager
Katie Buchanan by phone	District Counsel
Ken Artin	Bond Counsel
Matt Biagetti	GMS
Daniel Welch	District Engineer
Sete Zare by phone	MBS Capital Markets
Joe Muhl	Parc Group

The following is a summary of the discussions and actions taken at the May 6, 2025, meeting.

FIRST ORDER OF BUSINESS	Roll Call
Mr. Oliver called the meeting to order at 11:05 a.m.

SECOND ORDER OF BUSINESS	Public Comment
There being no members of the public present, the next item followed.

THIRD ORDER OF BUSINESS	Financing Matters
	A.	Public Hearing for the Purposed of Imposing Special Assessments; Consideration of Resolution 2025-28, Equalizing and Imposing Special Assessments
Mr. Oliver asked for a motion to open the public hearing.
May 6, 2025	Coastal Ridge CDD

Mr. Welch stated he believes the estimated cost of the project is reasonable and proper and has no reason to believe the project cannot be carried out by the district.
Mr. Oliver stated he believes the land will find improvement once the project is carried out by the district, the Special Assessments are reasonably portioned, and the special benefits will be equal to the maximum Special Assessments.
Ms. Buchanan stated this resolution confirms the project that was set forth in the engineer’s report. This resolution also equalizes and levies assessments and provides for the allocation, payment, and prepayment. She noted this will allow the district to put the master plan in place and they will come back once they have the bonds with the Supplemental Assessment that will incorporate the price of the properties.
Mr. Oliver asked for a motion to approve.

	A.	Preliminary Assessment Methodology

	A.	Consideration of Delegation Resolution 2025-29
	1.	First Supplemental Indenture
	2.	Bond Purchase Contract
	3.	Preliminary Limited Offering Memorandum
	4.	Continuing Disclosure Agreement
Mr. Ray presented the resolution. He stated this resolution is the last corporate action needed to before going to the market and sell the special revenue bonds of the district. This resolution authorizes a NTE of $40 million and authorizes and approves in substantial form the documents necessary to do so. These documents include: the First Supplemental Trust Indenture to the master, the Bond Purchase Agreement, the Preliminary Limited Offering Memorandum, and the Continuing Disclosure Agreement. The Preliminary Limited Offering Memorandum is the document MBS staff will use to sell the documents to the investors. The Continuing Disclosure Agreement is the document that provides the investors with annual information about
May 6, 2025	Coastal Ridge CDD

progress with the project. He noted if the documents are successfully markets, the Bond Purchase Agreement will be signed and after 10-15 days, the bonds will be closed.

	A.	Consideration of True-Up Agreement
	B.	Consideration of Completion Agreement
	C.	Consideration of Collateral Assignment Agreement
Ms. Buchanan asked to take items D-F as one motion. She stated the True-Up Agreement is a requirement for the landowner that contemplates building a number of units for the district’s Special Assessments. If the developer builds less units than anticipated, the developer “True- Ups” that service assessment. The Completion Agreement ensures the project will be finished with its own bonds, because it is unlikely the bonds will cover the full cost of the project. The Collateral Assignment Agreement is inactive, unless there is a fault by the landowner. Under Florida Law, when there is a fault, the district is able to take full ownership of the property. She suggested to authorized these in substantial form to allow the developer to add comments to them. Any significant changes will be brought to the board in future meetings.

Mr. Oliver stated the table shows there are 1,101 units and the ERUs come out to 1,160.40. The value for the Master CIP is $93,716,110. The total for the bonds is $29,350,000. The Construction Acquisition is $20 million. He noted the annual debt service is marked up 7.5% for Duval County collection fees and the annual discount $3,108.
Ms. Buchanan noted there is an owner who is not listed in the documents that will be sent a True-Up as well.
Mr. Oliver asked for a motion to close the public hearing.

May 6, 2025	Coastal Ridge CDD

FOURTH ORDER OF BUSINESS	Approval of Minutes
	A.	April 1, 2025 Board of Supervisor’s Meeting

	A.	April 1, 2025 Audit Committee Meeting
Mr. Oliver presented the minutes to the board. He asked for any questions, comments, or corrections. Hearing none, he asked for a motion to approve.

FIFTH ORDER OF BUSINESS	Consideration of Resolution 2025-30,
Canvassing and Certifying the Results of the Landowner’s Election
Mr. Oliver presented the resolution. He stated in the landowner’s election that was held previously, there were 5 candidates. Of the 1000 votes available, 500 went to Mr. Rudolph, Mr. Ray and Mr. Barbour and 300 went to Mr. Hewins and Mr. Price. Mr. Rudolph and Mr. Ray will hold 4-year terms while Mr. Barbour, Mr. Hewins and Mr. Price will hold 2-year terms.

SIXTH ORDER OF BUSINESS	Consideration of Responses to the Request
for Qualifications for Engineering Services
Mr. Oliver presented the RFQs from Alliant and ETM. He noted ETM is the district’s current engineer.
Mr. Rudolph stated there were a couple engineering firms they would like to solicit for the services. Mr. Oliver stated they should extend their services with ETM, if that was the case.
Mr. Oliver ranked ETM higher than Alliant, based on previous experiences with the companies.

May 6, 2025	Coastal Ridge CDD

SEVENTH ORDER OF BUSINESS	Public Hearing for the Purpose of Adopting
Rules of Procedure; Resolution 2025-31

Ms. Buchanan presented the resolution, whichwill adopt the rules, procedures and guidelines the district will use.

EIGHTH ORDER OF BUSINESS	Public	Hearing	for	the	Purpose	of
Expressing the District’s Intent to Utilize the Uniform Method of Collection; Resolution 2025-32

Ms. Buchanan presented the resolution. She stated this resolution allows the district to collect assessments that levy on the property via the Uniform Method.

May 6, 2025	Coastal Ridge CDD

NINTH ORDER OF BUSINESS	Public Hearing for the Purpose of Adopting
2025 Budget; Consideration of Resolution 2025-33, Relating to Annual Appropriations and Adopting the Budget for Fiscal Year 2025

Mr. Oliver presented the budget. He stated the board had previously approved the budget and this resolution will adopt the budget. He asked for any questions. Hearing none, he asked for a motion to approve.

TENTH ORDER OF BUSINESS	Public Hearing for the Purpose of Adopting
the Fiscal Year 2026 Budget

	A.	Consideration of Resolution 2025-34, Relating to Annual Appropriations and Adopting the Budget for Fiscal Year 2026
Mr. Oliver stated this will start on October 1, 2025. He asked for a motion to adopt.

May 6, 2025	Coastal Ridge CDD

	A.	Consideration of Budget Funding Agreement with EvrDev, LLC. For Fiscal Year 2026
Mr. Oliver presented the Budget Funding Agreement with EvrDev. He stated this budget is fully developer funded.
Ms. Buchanan noted the budget is a relatively low budget and suggested rescinding the budget to allow more time.

This item was deferred.

ELEVENTH ORDER OF BUSINESS	Acceptance	of	the	Audit	Committee’s
Recommendation
Mr. Oliver presented the Audit Committee’s recommendations to the board. He stated Grau & Associates was the firm the Audit Committee selected to provide the Annual Audit to the district.

TWELFTH ORDER OF BUSINESS	Staff Reports
	A.	District Counsel
Ms. Buchanan noted the previously approved acquisition is underway and expects it to be finalized in the next 2 days. Once it is finalized, the construction will start.

	A.	Interim Engineer
There being nothing to report, the next item followed.

	A.	District Manager
May 6, 2025	Coastal Ridge CDD

There being nothing to report, the next item followed.

THIRTEENTH ORDER OF BUSINESS	Consideration of Funding Request No. 3 and
No. 4
Mr. Oliver presented Funding Requests No. 3 and No. 4. He stated this is for the general fund. Funding Request No. 3 is for the Builder’s Risk insurance and No. 4 is payable to GMS. He asked for a motion to approve.

FOURTEENTH ORDER OF BUSINESS	Supervisor’s	Requests	and	Audience
Comments
There were no comments

FIFTEENTH ORDER OF BUSINES	Next Scheduled Meeting - June 3, 2025, at 11:00
a.m. at the eTown Welcome Center SIXTEENTH ORDER OF BUSINESS	Adjournment

Secretary/Assistant Secretary	Chairman/Vice Chairman

B.
MINUTES OF MEETING
COASTAL RIDGE COMMUNITY DEVELOPMENT DISTRICT

The Audit Committee meeting of the Coastal Ridge Community Development District was held on Tuesday, May 6, 2025, at 11:00 a.m. at the eTown Welcome Center, 11003 E-Town Parkway in Jacksonville, Florida.

Present and constituting a quorum were:
Maurice Rudolph	Chairman
David Ray	Vice Chair
John Hewins	Supervisor
Chris Price	Supervisor

Also present were:

Jim Oliver	District Manager
Katie Buchanan	District Counsel
Ken Artin	Bond Counsel
Matt Biagetti	GMS
Daniel Welch	District Engineer
Sete Zare by phone	MBS Capital Markets
Joe Muhl	Parc Group

The following is a summary of the discussions and actions taken at the May 6, 2025 audit committee meeting.

FIRST ORDER OF BUSINESS	Roll Call
Mr. Oliver called the meeting to order at 11:00 a.m.

SECOND ORDER OF BUSINESS	Review and Ranking of Proposals for Audit
Services
Mr. Oliver informed the Audit Committee that two proposals were received for audit services: one from Grau & Associates and one from Berger Toombs.
Mr. Oliver stated in terms of price, Grau receives a full 20 points, with $16,500 and Berger’s fee is $18,500 for 17.9 points. For experience Grau received a higher score than Berger because they have been more reliable. For ability to finish the acquired services, Grau received 20 points and Berger received 20. Mr. Oliver recommended going with Grau & Associates.

THIRD ORDER OF BUSINESS	Other Business
There were no comments at this time.

FOURTH ORDER OF BUSINESS	Adjournment

C.
MINUTES OF MEETING
COASTAL RIDGE COMMUNITY DEVELOPMENT DISTRICT

A landowner’s meeting of the Board of Supervisors of the Coastal Ridge Community Development District was held Tuesday, May 6, 2025 at 11:00 a.m. at the eTown Welcome Center, 11003 E-Town Parkway in Jacksonville, Florida.

Present were:
Maurice Rudolph	Proxy Holder Also present were:
Jim Oliver	District Manager
Katie Buchanan	District Counsel

FIRST ORDER OF BUSINESS	Roll Call
Mr. Oliver called the meeting to order at 11:00 a.m.

SECOND ORDER OF BUSINESS	Determination of Number of Voting Units
Represented
Mr. Oliver stated that the landowner, EvrDev, LLC, represents 1000 voting units and has named Maurice Rudolph as the proxy holder.
THIRD ORDER OF BUSINESS	Election of a Chairman for the Purpose of
Conducting the Landowners Meeting
Mr. Oliver acted as Chairman for the Landowners Meeting.

FOURTH ORDER OF BUSINESS	Nominations for the Position of Supervisors
Mr. Rudolph nominated himself, David Ray, Greg Barbour, John Hewins and Chris Price for positions of supervisors.

FIFTH ORDER OF BUSINESS	Casting of Ballots
Maurice Rudolph, David Ray, and Greg barber received 500 votes, and John Hewins and Chris Price received 300 votes.
SIXTH ORDER OF BUSINESS	Tabulation of Ballots and Announcement of
Results
May 6, 2025 Landowner’s Election	Coquina Shores CDD

Mr. Rudolph and Mr. Ray will hold 4-year terms, while Mr. Barbour,Mr. Hewins and Mr.
Price will hold 2-year terms.

SEVENTH ORDER OF BUSINESS	Landowners Questions and Comments
There being none, the next item followed.

EIGHTH ORDER OF BUSINESS	Adjournment
The meeting was adjourned.

2

FIFTH ORDER OF BUSINESS
RESOLUTION 2025-36
A RESOLUTION OF THE BOARD OF SUPERVISORS OF COASTAL RIDGE COMMUNITY DEVELOPMENT DISTRICT ELECTING THE OFFICERS OF COASTAL RIDGE COMMUNITY DEVELOPMENT DISTRICT AND PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, Coastal Ridge Community Development District (hereina9er the “District”) is a local unit of special-purpose government created and exis@ng pursuant to Chapter 190, Florida Statutes, being situated en@rely within the City of Jacksonville, Duval County, Florida; and
WHEREAS, the Board of Supervisors of the District (“Board”) desires to elect the Oﬃcers of the District.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF COASTAL RIDGE COMMUNITY DEVELOPMENT DISTRICT:
SECTION 1. The following persons are elected to the oﬃces shown:

Chairperson	 		
Vice Chairperson	 		
Secretary	 		
Assistant Secretary	 		
Assistant Secretary	 		
Assistant Secretary	 		
Assistant Secretary	 		
Assistant Secretary	 		
Treasurer	 		
Assistant Treasurer	 		
Assistant Treasurer	 		

SECTION 2. This Resolu@on shall become eﬀec@ve immediately upon its adop@on.

PASSED AND ADOPTED this 3rd day of June, 2025.
ATTEST:	COASTAL RIDGE COMMUNITY
DEVELOPMENT DISTRICT

 Secretary / Assistant Secretary		 Chairperson, Board of Supervisors	

SIXTH ORDER OF BUSINESS
Docusign Envelope ID: F907F2B1-4B2C-4132-9EBE-C594389B7899

ADDENDUM TO AUDITOR ENGAGEMENT LETTER

The following provisions govern the Audit Services Engagement Letter dated May 8, 2025, from Grau & Associates, Inc. (“Auditor”) to the Coastal Ridge Community District (“District”) attached hereto as Exhibit A (“Engagement Letter,” and together with this Addendum, the “Agreement”).
	1.	The Agreement shall be deemed effective as of the date of the full execution of the Engagement Letter and this Addendum.
	2.	The Agreement sets forth the services and fees or other compensation to be provided for the services. The Auditor agrees to render the audit services in accordance with auditing standards generally accepted and as adopted by the Florida Board of Accountancy in accordance with Section 218.391, Florida Statutes. The District maintains a general fund and may also maintain other funds related to prior tax-exempt bond issuances.
	3.	The Auditor shall comply with all applicable provisions of Section 448.095, Florida Statutes.
	4.	The Auditor shall comply with Section 20.055(5), Florida Statutes, to cooperate with the inspector general in any investigation, audit, inspection, review, or hearing pursuant to such section and to incorporate in all subcontracts the obligation to comply with Section 20.055(5), Florida Statutes.

	1.	The Auditor acknowledges it does not use coercion for labor or services as defined in Section 787.06, Florida Statutes, and the Contractor has complied, and agrees to comply, with the provisions of Section 787.06, Florida Statutes.

	1.	The Auditor shall take all necessary steps to ensure the audit is completed in a timely fashion so that the audit report may be approved by the District’s Board of Supervisors and filed by June 15th after the end of the fiscal year under review, or such earlier date as required by the applicable trust indenture. The Auditor shall submit a preliminary draft audit report to the District for review no later than May 15 of the fiscal year that follows the fiscal year for which the audit is being conducted. Further, the Auditor shall submit a final audit report to the District for review, no later than June 1 of the fiscal year that follows the fiscal year for which the audit is being conducted.
	2.	The Engagement Letter and this Addendum constitute the complete and exclusive statement of the Agreement. The Parties understand that this Addendum shall not alter any of the terms of the Engagement Letter except as described herein. To the extent any of the provisions of this Addendum are in conflict with the provisions of the Engagement Letter, this Addendum controls.

GRAU & ASSOCIATES, INC.

By: Antonio J. Grau Its: President Date: 5/9/25	COASTAL RIDGE COMMUNITY DEVELOPMENT DISTRICT

By:	Maurice Rudolph

Its:  Chairman
Date:	2025-05-09	

Exhibit A: Audit Services Engagement Letter
Docusign Envelope ID: F907F2B1-4B2C-4132-9EBE-C594389B7899

Exhibit A
Audit Services Engagement Letter

Docusign Envelope ID: F907F2B1-4B2C-4132-9EBE-C594389B7899

Docusign Envelope ID: F907F2B1-4B2C-4132-9EBE-C594389B7899

Docusign Envelope ID: F907F2B1-4B2C-4132-9EBE-C594389B7899

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!engagement.Aamirfinrati0sn, Fees, analotne:rr
We unrlers'tana mat yoor B1liliploy9El:s.wil1pil'e,p,are alJ,casn o:t otner ooofirmatioo:s.we, request an.a wil1locate a111y i:'!ooume,nl:ss. elecl.ea by us Fot tesliiiilg1.
TM ,autlit i:'!ooume,nlatioo fur th'is enoao,emenl is me PJt11M11'1,yO'fGrau & AssociatE1<aSn.a oonslilurte:s.,ccmlidenlial infoomatiolil. Howe,\)ler, subject lo appl'ic:able laws anti regula!Klns, auiilil ffaeumsnta!Kln aittl ,a;pprt1J1rtate in□i.,,ii:'!ual:Swill oo maffe ava?able upoo re(j11est ano·n ,BJtimely manner ta ,BJ,cognizant •ot OYersight ,agency or ils aesig1tae, a rooeral age,ncy p1twi□lifi!I □iiec,tor 'Mirect fun□ing. o:r IM U.S. Gavemment Ac:coontal:Jility Oftoc:e fot p:uiposes of a q11alily review of IM ,a1Jail, ta resolve auail filttlings,,ot ta
carry out a,varsiolil restp01t5irnlilias" We .,..,ilJnalilv ya11 of anv such reo,11est. If ra(j11E1<S'tec'l. acoes:s.ID such ,aui:'!il documenla!KJ:n will M  praYoclei:I uMetlhesuj]ervi<S'illn ofGtau &.?oo.iates personnel. Furtliermo:re, upo:ti teq;uest, we may pr,oviffa OD;P[es.ahe1ecloo
a11□it c'locume,ntatioo ta IM afo:t9lilienMnetl p,artiE1..<TSl'lese partiie:s. may in.ten□\,.ot c'lecide,,ID □istril:Ju'te u,a copiE!<S0r infarmatioo oo:nlaiitaa therein to allile:ts, ioc:l11□ifi,!Iother gove:truiiiental agencies. Nalwilhstanding Ifie furegrnli{I. the patf:ie<!,a&nowteage mat various □'.ooumsnts rawewoo or protl'uc:ed duringrlite oo:r;c'luct ,of tlie a11□it may oo p111:/lic: recorc'ls 11nrler FlbMa law. The rnsllict
agrees ID na'tify Gra11& AssooialE!<S of ,any pubric recmtl teq11E1<St iii reaiwe:s. lhat il'IYO'IYeS a1Jtlil tlbeument.alio:n..
Furthermore. Gra11 & Associale<!,a!':lreE!<tSo oomlllv wilh al1apl)liCEIJjie pro,,.isiio:ns ,of Fl\:Jriaa L:aw in h.an□lin111such reoo:t□s, incl'ui:'!intl b11t oot limi'tec'lto Section.1 rn.0701, RwidBJStalu'tes. Auiililar aC:.klnowlec'lge:s.lfllat flie tl,e<S'ig:natea publ'ic records Cllslooian fot Lite Disltic:t is lite Dis'tiriclManag:arf'Pu'bl'ic:Raooro:s. C11slooian1. Among other req,ui'taments,ani:'!10 ll'le extent a?plicabile oy law, Grau
&. Associates. :sha.111) kl9Elp anti mainlain p11Jjiic: records raq11irec'l DY Ifie D:istrict to pe,tfwm tM servf.Oe; .2) upoo request by Lite Pul:lliJ:: Recmff,s Custo□ian. jjrovroe IM Distticl wilh lite req,11estea i'11100ic reoo:t□s o:t alJaw tM recmffs lo oo ins,peclet,l ot oopiea within a reasooaJjie lmne pe.ooc'lat a ooist lhat i:toes not e.;,;c9Eldltne,cost provroetl in Oliapter 1Ht, Fl\:JMa Sta.tuta,s;; 3) enisu:re mat p11Jjiic:tecm□s wi'lro'.li are ex.e:mpl o:r oooiii:'!e:nliati, anti EIXEIIJIJ'.lftu'.o:mpublic reooro:s. □isclosure requirements., ar,a ool i:'!iso'.lasec'lexcej]l
a:s.a11tnal'iz;oo t,y L\alw iKlr the,tfuralwn,of th,cecmltaot Le.rm ,and 'f1J11lowing1Ilia conliiact term i1 A.u□ilatdaes not ltansre:t lite reoot□s
ID tM Public R:eoortfs Cuslooian oflhe District; anti 4}upo:ti cDiinlll?illn aflille con?tact. tra:n:sferki•IM Disloot, ,at oo cost, a'.11 jjul,l[c reomtfis in Gr,a.u & N.;i;ooiate':s.pDS'Sessioo 0r, ,a1te:tnalivaly, kee,p,, maintain. anti m9Ell ,a11appl'ic:able req;urr9Jilie.nls. for relain'ifi!I
p11Jjiic:records p11rs11anl ki Filo:rma laws. When. such publ'ic:recaro:s.are ltansfetretl !iJ,,' Gt,a1J& Associates., Grau & AsMci:alE1<sSl'lall aeslrov ,any duplicate put,Jocr:ecaro:s.lhat are e!lCE!mP,ol ,rcon Lde.nlial anti e;,;ernpt ft,o:m put,Jie reooros.□liscl\:Jsure re!'l:ui'tament:s., All reoootf,s sto:re□l electron'ic:a1ly m.usl M proviitfac'l to lille Dislriict in BJ formal fliat is oomJJatil:lle with Microsoft Wwtl o:r Aitaoo PDF
fuimat5..

IF GRAU Iii.ASSOCIATES HAS QU?ST1IONS. Rl:GA1RDING, TllitE A1li'11i'UCAlilON OF CHAPilil:R 1'111, li'L.ORIDA STAliUTES, TO lrTS DUTY TO, PRO,vm? lli'UBLIC R?OO:RDS RHAlilNG, TO THIS AGR?l:M?llff, COIHACT liH? PUIBLIC R?OORDS CUSiliODl'AN AT:

GMS.fi F, I.I.JC
475 WEST liOW,N PLA,C1?, SUllil: 114
ST. A1UGUS11Ni1, FL 32CIIJ2
TEl.l=!li' iitONI:; !104"94Mi850
This ag;eemernl provroes for a oontract perti0,tlof 01110 (1) year wi'tili ll'le •D;Plian of foot (4} ad□itional, ane,,yeat renewa1s upon 11'113
wri'f:le:n.,coosent of Mlfi patt:iE1.<. OSur fee fa:ttliese servoc:e:s.will Ml •El'JC!c9Elc'l$3,100 for lite Se;ptember 30, 2CD25 au□'il. The f9Els ifo:r
tlie tllSCal years 2026, 2027, 2021l and 2D29 will riot EIJCC!Eletl $3,200, $3,300, $3,400 anc'l $3,500, respectn,ely, unlE11SS lltere i:s.a cilial)ge iri aoli11iity DY lhe Dislliict wh'ich rn:sul'ISin acldlilwna1au.ail wwk o:tif Bantfs are issuetl.

We will ,complete tlie autti'Iwi.'tiliin presctibed staluIDI')(□'.ea□liiiEl'S, wl'lio'.lir,eq11ire:sI.M Dislool: la sll'bmil it'5 annual auail IICJ,li'le Auiili'lot Gene:tal ndJ later th.an nil'lle (!9) moolhs ailat !he e.n,tlof Iha,a1Jc'lilea fiscal year, witli tM un□'e:tstanc'li111g1lhal ·yoor e.m;ploy9El:s.will proviicle info:rmation.n9Eli:'!EN'l.Ol perform !he a11□it an a limel11basis.

TM auiili'I dlooume:nlatio:ti rot Iliis engag9'ment will M tetainetl for a minimum of nve yearS ,aft:e:r lille te;porl release iilate. If we are aware li'lat a re□'.el'al awar,tlmg ,agenoj,lot auiili'lee is contesling1,an auiilit tllflaili{I, .,..,e will ooola.ct tilie p,al'l)"(ies} 0011te:s..1ing IM auiili'I
1iinaing for guiff.ance pl'iot ki c'lestl'£1¥ifi!I tM .a.uiilil ooooms:nta?iall'I.

O:ur inYoices for tnese ree:s.wiill M re,nc'le:t•oo each moolh as work pragresses an.a are p,ayaJjie on. pr,e,se,nlatioo. lnYaices will oo submlttec'lin. surfficie,n,ttfalail ID aemanslrate ,complr,a111ce with the term:,so. f Iliis ag;teemEl'nt In aa:aroartc:e wi'tlli a11r finm pdliciies.,
wo:rk may oo S11S,pe111ffe!'I ifyaur,aocount becomes llO d.ay:s.or mor,eovet□ue anti may not M resumsc'lull'llil you:r,aooa:unt is pail'.!in full. If we elect lo tetminate our serwces rot ltoopayme.nt. 0u:r e,ngagems11t wi'II l:Je ae9Jiliatl ID lilaw bee,n oornplel.e□Iuplln 'ffli.'11.e.n
n0tiiicati0n.tlf l.e:tminali011. e?El'n if we have not ,compJetec'l011r re,port. You wi'IIM at,l?atei:'!ID oa.mpe111sate us for ,a11bme expenaea anti lo t•ejml:Jurse us.fot all 0111-of-poc:kel oasis llii•oogh lhe c'lat,eof te:tmination. Tlile alxlve fee is basea on anlocii,p,aled ,cal'.l;jle.ration
h',o:m yoor pe:rsoonel anti Iha ,assumptioo tnat 111tE1X1Pactoo diroumstances wil not a,e, .e,ncountered au:rmgrIM auiili'I. If sigmllcant ac'ltijtional lime,is nec8'5$afy, we will aiiSlC:uss i'I wilh yo11 ari□Iarrive ,at a n,ew fee eslimate.

TM Dislriict may le.rmill'lal.e lhis ag;teemEl'nl, v,iith or wi'tlliout 0011se,n1. 11pon lhirly (30) ff.ay:s.wri't:tell'Ioolit:e of le:tminalion. la Gta1J&. As$Cloiales. !Jpon.any te.rmina'tKln ofth'is agt9Elme,nt, Grau & Assooiate:s.is.hall oo entitletl ID paymenit of al1WCJrk ,ant!l'Clt se:rviiOe:s. re,nc'leretl 11p until lite date ,Oflite nO!roe of termiiiia?illn s11bj;eotto al'i,lyofi'sel5 tihe Disltict may Ii.ave ,against Gtau & A=ciiates.
Docusign Envelope ID: F907F2B1-4B2C-4132-9EBE-C594389B7899

SEVENTH ORDER OF BUSINESS
AGREEMENT FOR PROFESSIONAL ENGINEERING SERVICES
THIS AGREEMENT FOR PROFESSIONAL ENGINEERING SERVICES (“Agreement”) is
made and entered into this 	 day of May, 2025, by and between:
COASTAL RIDGE COMMUNITY DEVELOPMENT DISTRICT, a local unit of special- purpose government established pursuant to Chapter 190, Florida Statutes, and located in Duval County, Florida, with a mailing address of 475 West Town Place, Suite 114, St. Augustine, Florida 32092 (“District”); and

ENGLAND, THIMS & MILLER, INC., a Florida corporation, with a mailing address of 14775 Old St. Augustine Road, Jacksonville, Florida 32258 (“Engineer”).
RECITALS
WHEREAS, the District is a local unit of special purpose government established pursuant to the Uniform Community Development District Act of 1980, as codified in Chapter 190, Florida Statutes; and

WHEREAS, the District is authorized to plan, finance, construct, install, acquire and/or maintain improvements, facilities and services in conjunction with the development and maintenance of the lands within the District; and
WHEREAS, pursuant to Sections 190.033 and 287.055, Florida Statutes, the District solicited qualifications from qualified firms and individuals to provide professional engineering services to the District on a continuing basis; and

WHEREAS, Engineer submitted a proposal to serve in this capacity; and

WHEREAS, the District's Board of Supervisors (“Board”) ranked Engineer as the most qualified firm to provide professional engineering services for the District on a continuing basis and authorized the negotiation of a contract pursuant to Section 287.055, Florida Statutes; and
WHEREAS, the District intends to employ Engineer to perform engineering, surveying, planning, construction administration, environmental management and permitting, financial and economic studies, as defined by a separate work authorization(s); and

WHEREAS, the Engineer shall serve as District’s professional representative in each service or project to which this Agreement applies and will give consultation and advice to the District during performance of these services.

NOW, THEREFORE, for and in consideration of the mutual covenants herein contained, the acts and deeds to be performed by the parties hereto and the payments by the District to the Engineer of the sums of money herein specified, it is mutually covenanted and agreed as follows:

Article 1.  Incorporation of Recitals. The recitals stated above are true and correct and are incorporated by reference herein as a material part of this Agreement.

Article 2.   Scope of Services.
	A.	The Engineer will provide general engineering services for the District, including:
	1.	Preparation of any necessary reports and attendance at meetings of the Board.
	2.	Assisting in meeting with necessary parties involving bond issues, special reports, feasibility studies or other tasks.
	3.	Providing professional engineering services, including but not limited to, review and execution of documents under the District’s Trust Indentures and monitoring of District projects.
	4.	Any other items requested by the Board.
	B.	Engineer shall, when authorized by the Board, provide general services related to construction of any District projects, including but not limited to:
	1.	Periodic visits to the site, or full-time construction management of District projects, as directed by District.
	2.	Processing of contractors’ pay estimates.
	3.	Preparation of, and/or assistance with, the preparation of work authorizations, requisitions, change orders and acquisitions for review by the District Manager, District Counsel, and the Board.
	4.	Final inspection and requested certificates for construction, including the final certificate of construction.
	5.	Consultation and advice during construction, including performing all roles and actions required of any construction contract between District and any contractor(s) in which Engineer is named as owner’s representative or “Engineer.”
	6.	Any other activity related to construction as authorized by the Board.
	C.	With respect to maintenance of the facilities, Engineer shall render such services as authorized by the Board.
ARTICLE 3.  METHOD OF AUTHORIZATION. Each service or project shall be authorized in writing by the District. The written authorization shall be incorporated in a work authorization which shall include the scope of services, compensation, project schedule, and special provisions or conditions specific to the service or project being authorized and shall be in a form similar to the form set forth in Exhibit A attached hereto and incorporated herein by this reference (“Work Authorization”). Authorization of services or projects under this Agreement shall be at the sole option of the District.

Article 4.  Compensation. It is understood and agreed that the payment of compensation for services under this Agreement shall be stipulated in each Work Authorization. One of the following methods will be utilized:
	A.	Lump Sum Amount – The District and Engineer shall mutually agree to a lump sum amount for the services to be rendered payable monthly in direct proportion to the work accomplished. For any lump-sum or cost-plus-a-fixed-fee professional service contract over the threshold amount provided in Section 287.017, Florida Statutes, for CATEGORY FOUR, the District shall require the Engineer to execute a truth-in- negotiation certificate stating that wage rates and other factual unit costs supporting the compensation are accurate, complete, and current at the time of contracting. The price for any lump sum Work Authorization, and any additions thereto, will be adjusted to exclude any significant sums by which the District determines the Work Authorization was increased due to inaccurate, incomplete, or noncurrent wage rates and other factual
unit costs. All such adjustments must be made within one (1) year following the completion of the work contemplated by the lump sum Work Authorization.

	A.	Hourly Personnel Rates – For services or projects where the scope of services is not clearly defined or recurring services or other projects where the District desires the use of the hourly compensation rates, the rates outlined in Exhibit B, attached hereto and incorporated by this reference, shall apply. The District and Engineer may agree to a “not to exceed” amount when utilizing hourly personnel rates for a specific work authorization.

Article 5.  Reimbursable Expenses. Reimbursable expenses consist of actual expenditures made by Engineer, its employees, or its consultants in the interest of the services for the incidental expenses as listed as follows:
	A.	Expenses of transportation and living when traveling in connection with a project and fees paid for securing approval of authorities having jurisdiction over the project. All expenditures shall be made in accordance with Chapter 112, Florida Statutes, and with the District’s travel policy.

	A.	Expense of reproduction, postage and handling of drawings and specifications.
Article 6.  Term of Agreement. It is understood and agreed that the term of this Agreement will be from the time of execution of this Agreement by the parties hereto until terminated in accordance with its terms.

Article 7. Special Consultants. When authorized in writing by the District, additional special consulting services may be utilized by Engineer and paid for on a cost basis.
Article 8.  Books and Records. Engineer shall maintain comprehensive books and records relating to any services performed under this Agreement, which shall be retained by Engineer for a period of at least four (4) years from and after completion of any services hereunder, or such further time as required under Florida law. The District, or its authorized representative, shall have the right to audit such books and records at reasonable times upon prior notice to Engineer.
Article 9.	Ownership of Documents.
	A.	All rights in and title to all plans, drawings, specifications, ideas, concepts, designs, sketches, models, programs, software, creation, inventions, reports, or other tangible work product originally developed by Engineer pursuant to this Agreement (“Work Product”) shall be and remain the sole and exclusive property of the District when developed and shall be considered work for hire.
	B.	The Engineer shall deliver all Work Product to the District upon completion thereof, unless it is necessary for the Engineer in the District’s sole discretion to retain possession for a longer period of time. Upon early termination of the Engineer’s services hereunder, the Engineer shall deliver to the District all such Work Product, whether complete or not, upon payment of all outstanding balances due Engineer for Work Product. The District shall have all rights to use any and all Work Product. Engineer shall retain copies of the Work Product for its permanent records, provided the Work Product is not used without the District’s prior express written consent. The Engineer agrees not to recreate any Work Product contemplated by this Agreement, or
portions thereof, which if constructed or otherwise materialized, would be reasonably identifiable with the District. If said Work Product is used by the District for any purpose other than that purpose which is intended by this Agreement, the District shall indemnify Engineer from any and all claims and liabilities which may result from such re-use, in the event Engineer does not consent to such use.
	A.	The District exclusively retains all manufacturing rights to all materials or designs developed under this Agreement. To the extent the services performed under this Agreement produce or include copyrightable or patentable materials or designs, such materials or designs are work made for hire for the District as the author, creator, or inventor thereof upon creation, and the District shall have all rights therein including, without limitation, the right of reproduction, with respect to such work. The Engineer hereby assigns to the District any and all rights the Engineer may have including, without limitation, the copyright, with respect to such work. The Engineer acknowledges that the District is the motivating factor for, and for the purpose of copyright or patent, has the right to direct and supervise, the preparation of such copyrightable or patentable materials or designs.

Article 10. Reuse of Documents. All documents including drawings and specifications furnished by Engineer pursuant to this Agreement are instruments of service. Such documents are not intended or represented to be suitable for reuse by District or others on extensions of the work for which they were provided or on any other project. Any reuse without specific written consent by Engineer will be at the District’s sole risk and without liability or legal exposure to Engineer. All documents including drawings, plans and specifications furnished by Engineer to District are subject to reuse in accordance with Section 287.055(10), Florida Statutes.
Article 11. Estimate of Cost. Since Engineer has no control over the cost of labor, materials, or equipment or over a contractor's methods of determining prices, or over competitive bidding or market conditions, Engineer’s opinions of probable cost provided as a service hereunder are to be made on the basis of its experience and qualifications and represent Engineer’s best judgment as a design professional familiar with the construction industry, but Engineer cannot and does not guarantee that proposals, bids, or the construction costs will not vary from opinions of probable cost prepared by Engineer. If the District wishes greater assurance as to the construction costs, it shall employ an independent cost estimator at its own expense. Services to modify approved documents to bring the construction cost within any limitation established by the District will be considered additional services and justify additional fees.
Article 12.	Insurance.
	A.	Subject to the provisions of this Article, the Engineer shall, at a minimum, maintain throughout the term of this Agreement the following insurance:

	1.	Workers’ Compensation Insurance in accordance with the laws of the State of Florida.

	1.	Commercial General Liability Insurance, including but not limited to, bodily injury (including contractual), property damage (including contractual), products and completed operations, and personal injury with limits of not less than One Million Dollars and No Cents ($1,000,000.00) per occurrence, and
not less than Two Million Dollars and No Cents ($2,000,000.00) in the aggregate covering all work performed under this Agreement.

	1.	Automobile Liability Insurance, including without limitation bodily injury and property damage, including all vehicles owned, leased, hired, and non-owned vehicles with limits of not less than One Million Dollars and No Cents ($1,000,000.00) combined single limit covering all work performed under this Agreement.
	2.	Professional Liability Insurance for Errors and Omissions, with limits of not less than One Million Dollars and No Cents ($1,000,000.00).

	A.	All insurance policies secured by Engineer pursuant to the terms of this Agreement shall be written on an “occurrence” basis to the extent permitted by law, except with respect to the Professional Liability Insurance which shall be on a claims-made basis.

	A.	The District and the District’s officers, supervisors, agents, staff, and representatives shall be named as additional insured parties, except with respect to the Worker’s Compensation Insurance and Professionally Liability Insurance for which only proof of insurance shall be provided. The Engineer shall furnish the District with the Certificate of Insurance evidencing compliance with the requirements of this Section. No certificate shall be acceptable to the District, unless it provides that any change or termination within the policy periods of the insurance coverage, as certified, shall not be effective within thirty (30) days of prior written notice to the District. Insurance coverage shall be from a reputable insurance carrier, licensed to conduct business in the state of Florida.
	B.	If the Engineer fails to have secured and maintained the required insurance, the District has the right (without any obligation to do so, however), to secure such required insurance in which event, the Engineer shall pay the cost for that required insurance and shall furnish, upon demand, all information that may be required in connection with the District’s obtaining the required insurance.
Article 13. Contingent Fee. The Engineer warrants that it has not employed or retained any company or person, other than a bona fide employee working solely for the Engineer, to solicit or secure this Agreement and that it has not paid or agreed to pay any person, company, corporation, individual, or firm, other than a bona fide employee working solely for the Engineer, any fee, commission, percentage, gift, or other consideration contingent upon or resulting from the award or making of this Agreement.
ARTICLE 14.  AUDIT. Records of the Engineer pertaining to the services provided hereunder shall be kept on a basis of generally accepted accounting principles and shall be available to the District or its authorized representative for observation or audit at mutually agreeable times. The Engineer agrees that the District or any of its duly authorized representatives shall have access to and the right to examine any books, documents, papers, and records of the Engineer involving transactions related to the Agreement for a period of four (4) years or longer as required by law. The Engineer agrees that payment made under the Agreement shall be subject to reduction for amounts charged thereto that are found on the basis of audit examination not to constitute allowable costs. All required records shall be maintained until either (a) the completion of an audit and resolution of all questions arising therefrom, or (b) three years after the expenditure of all funds
under this Agreement, or (c) the public record retention period established by the District’s records retention policy, whichever comes later.

Article 15.	Compliance with Governmental Regulations.	In performing its
obligations under this Agreement, the Engineer and each of its agents, servants, employees, or anyone directly or indirectly employed by the Engineer, shall comply with all applicable laws, ordinances, rules, regulations, and orders of any public or governmental authority having appropriate jurisdiction. If the Engineer fails to notify the District in writing within five (5) days of the receipt of any notice, order, required to comply notice, or a report of a violation or an alleged violation, made by any local, State, or Federal governmental body or agency or subdivision thereof with respect to the services being rendered under this Agreement or any action of the Engineer or any of its agents, servants, or employees, or fails to comply with any requirement of such agency within five (5) days after receipt of any such notice, order request to comply notice, or report of a violation or an alleged violation, the District may terminate this Agreement, such termination to be effective upon the giving of notice of termination.
Article 16. Compliance with Professional Standards. In performing its obligations under this Agreement, the Engineer and each of its agents, servants, employees, or anyone directly or indirectly employed by Engineer, shall maintain the standard of care, skill, diligence, and professional competency for such work and/or services ordinarily used by members of the Engineer’s profession practicing under similar circumstances at the same time and in the same locality. Any designs, drawings, reports, or specifications prepared or furnished by Engineer that contain errors, conflicts, or omissions will be promptly corrected by Engineer at no cost to the District.

Article 17.	Indemnification.
	A.	The Engineer agrees, to the fullest extent permitted by law, to indemnify and hold harmless the District, its officers, supervisors, agents, staff, and representatives from any and all liabilities, damages, losses, and costs, including, but not limited to, reasonable attorneys’ fees, paralegal fees, and expert witness fees and costs for trial, alternative dispute resolution, or appellate proceedings, to the extent caused by the negligence, recklessness, or intentionally wrongful conduct or errors or omissions of the Engineer and persons employed or utilized by the Engineer in the performance of this Agreement.
	B.	Engineer agrees and covenants that nothing herein shall constitute or be construed as a waiver of the District's sovereign immunity pursuant to Section 768.28, Florida Statutes, or other applicable law. The District agrees, to the extent permitted by Section 768.28, Florida Statutes, and other applicable law, to indemnify and hold the Engineer harmless from any damage, liability or cost to the extent caused by the District’s negligence, recklessness, or intentionally wrongful conduct of the District and persons employed or utilized by the District in the performance of this Agreement.

	A.	The following shall apply only to the extent a limitation on liability is required by Section 725.06, Florida Statutes, or other applicable law: liability under this section shall in no event exceed the sum of Two Million Dollars ($2,000,000). Engineer shall carry, at its own expense, insurance in a company satisfactory to District to cover the aforementioned liability. Engineer agrees such limitation bears a reasonable commercial relationship to the Agreement.

	A.	Disclaimer of Consequential Damages - Notwithstanding anything to the contrary in this Agreement, the Parties shall have no liability to each other for indirect, consequential, or
special damages including, but not limited to, liability or damages for delays of any nature, loss of anticipated revenues or profits, costs of shutdown or startup.

	A.	UNDER THIS AGREEMENT, AND SUBJECT TO THE REQUIREMENTS OF SECTION 558.0035, FLORIDA STATUTES, WHICH REQUIREMENTS ARE EXPRESSLY INCORPORATED HEREIN, AN INDIVIDUAL EMPLOYEE OR AGENT OF ENGINEER MAY NOT BE HELD INDIVIDUALLY LIABLE FOR NEGLIGENCE.
	B.	In the event that any indemnification, defense, or hold harmless provision of this Agreement is determined to be unenforceable, the provision shall be reformed in accordance with the mutual intent of the Engineer and the District to provide indemnification, defense, and hold harmless provisions to the maximum effect allowed by Florida law and for the benefit of the Indemnitees.

Article 18. Employment Verification; E-Verify. The Engineer agrees that it shall bear the responsibility for verifying the employment status of all persons it employs or subcontracts in the performance of this Agreement and agrees to otherwise comply with all applicable federal and Florida law, including but not limited to the Immigration Reform and Control Act of 1986, as amended, and Section 448.095, Florida Statutes.
Article 19. Independent Contractor. In all matters relating to this Agreement, the District and the Engineer agree and acknowledge that the Engineer shall serve as an independent contractor of the District. Neither the Engineer nor employees of the Engineer, if any, are employees of the District under the meaning or application of any Federal or State unemployment, insurance laws, or any other potentially applicable laws. The Engineer agrees to assume all liabilities or obligations by any one or more of such laws with respect to employees of the Engineer, if any, in the performance of this Agreement. The Engineer shall not have any authority to assume or create any obligation, express or implied, on behalf of the District and the Engineer shall have no authority to represent as agent, employee, or in any other capacity the District, unless set forth differently herein or authorized by vote of the Board.
Article 20.  Controlling Law. The Engineer and the District agree that this Agreement shall be controlled and governed by the laws of the State of Florida. Venue for all proceedings with respect to this Agreement shall be Duval County, Florida.

ARTICLE 21. NOTICE. All notices, requests, consents and other communications under this Agreement (“Notices”) shall be in writing and shall be delivered, mailed by First Class Mail, postage prepaid, or overnight delivery service, to the parties, as follows:
	A.	If to Engineer:	England, Thims & Miller, Inc. 14775 Old St. Augustine Road Jacksonville, Florida 32258 Attn: Daniel Welch, P.E.
	B.	If to District:	Coastal Ridge Community Development District
475 West Town Place, Suite 114 St. Augustine, Florida 32092 Attn: District Manager
With a copy to:	Kutak Rock LLP
107 West College Avenue Tallahassee, Florida 32301 Attn: District Counsel

Except as otherwise provided in this Agreement, any Notice shall be deemed received only upon actual delivery at the address set forth above. Notices delivered after 5:00 p.m. (at the place of delivery) or on a non-business day, shall be deemed received on the next business day. If any time for giving Notice contained in this Agreement would otherwise expire on a non-business day, the Notice period shall be extended to the next succeeding business day. Saturdays, Sundays, and legal holidays recognized by the United States government shall not be regarded as business days. Counsel for the District and counsel for the Engineer may deliver Notice on behalf of the District and the Engineer. Any party or other person to whom Notices are to be sent or copied may notify the other parties and addressees of any change in name or address to which Notices shall be sent by providing the same on five (5) day’s written notice to the parties and addressees set forth herein.
ARTICLE 22.  PUBLIC RECORDS. Engineer understands and agrees that all documents of any kind provided to the District in connection with this Agreement may be public records, and, accordingly, Engineer agrees to comply with all applicable provisions of Florida law in handling such records, including but not limited to Section 119.0701, Florida Statutes. Engineer acknowledges that the designated public records custodian for the District is Jim Oliver (“Public Records Custodian”). Among other requirements and to the extent applicable by law, the Engineer shall 1) keep and maintain public records required by the District to perform the Services; 2) upon request by the Public Records Custodian, provide the District with the requested public records or allow the records to be inspected or copied within a reasonable time period at a cost that does not exceed the cost provided in Chapter 119, Florida Statutes; 3) ensure that public records which are exempt or confidential, and exempt from public records disclosure requirements, are not disclosed except as authorized by law for the duration of the Agreement term and following the Agreement term if the Engineer does not transfer the records to the Public Records Custodian of the District; and 4) upon completion of the Agreement, transfer to the District, at no cost, all public records in Engineer’s possession or, alternatively, keep, maintain and meet all applicable requirements for retaining public records pursuant to Florida laws. When such public records are transferred by the Engineer, the Engineer shall destroy any duplicate public records that are exempt or confidential and exempt from public records disclosure requirements. All records stored electronically must be provided to the District in a format that is compatible with Microsoft Word or Adobe PDF formats.

IF THE ENGINEER HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO THE ENGINEER’S DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS CONTRACT, CONTACT THE CUSTODIAN OF PUBLIC RECORDS AT 475 WEST TOWN
PLACE, SUITE 114, ST. AUGUSTINE, FLORIDA 32092, (904) 940-5850, AND E-MAIL JOLIVER@GMSNF.COM.
Article 23.  No Third-Party Benefits. Nothing in the Agreement shall inure to the benefit of any third-party for the purpose of allowing any claim which would otherwise be barred by operation of law.

Article 24.  Severability. The invalidity or unenforceability of any one or more provisions of this Agreement shall not affect the validity or enforceability of the remaining portions of this Agreement, or any part of this Agreement not held to be invalid or unenforceable.
Article 25. Assignment. Except as provided otherwise in this Agreement, neither the District nor the Engineer shall assign, sublet, or transfer any rights under or interest in this Agreement without the express written consent of the other. Any purported assignment without such written consent is void. Nothing in this paragraph shall prevent the Engineer from employing such independent professional associates and consultants as Engineer deems appropriate and consistent with this Agreement.

Article 26. Construction Defects. ANY CLAIMS FOR CONSTRUCTION DEFECTS ARE SUBJECT TO THE NOTICE AND CURE PROVISIONS OF CHAPTER 558, FLORIDA STATUTES.
Article 27. Amendment. Amendments to and waivers of the provisions contained in this Agreement may be made only by an instrument in writing that is executed by both the District and the Engineer.

Article 28. Arm’s Length Transaction. This Agreement reflects the negotiated agreement of the District and the Engineer, each represented by competent legal counsel. Accordingly, this Agreement shall be construed as if both parties jointly prepared it, and no presumption against one party or the other shall govern the interpretation or construction of any of the provisions of this Agreement.
Article 29. Termination. The District may terminate this Agreement for cause immediately upon notice to Engineer. The District or the Engineer may terminate this Agreement without cause upon thirty (30) days’ written notice. At such time as the Engineer receives notification of the intent of the District to terminate the Agreement, the Engineer shall not perform any further services, unless directed to do so in writing by the District. In the event of any termination or breach of any kind, the Engineer shall not be entitled to consequential damages of any kind (including but not limited to lost profits), but instead the Engineer’s sole remedy will be to recover payment for services rendered to the date of the notice of termination, subject to any offsets.
Article 30. Headings for Convenience Only. The descriptive headings in this Agreement are for convenience only and shall neither control nor affect the meaning or construction of any of the provisions of this Agreement.

Article 31. Enforcement of Agreement. In the event that either the District or the Engineer is required to enforce this Agreement by court proceedings or otherwise, then the substantially prevailing party shall be entitled to recover from the other party all costs incurred, including reasonable attorney’s fees, paralegal fees, expert witness fees, and costs at all judicial levels.
Article 33. Acceptance. Acceptance of this Agreement is indicated by the signatures of the authorized representatives of the District and the Engineer in the spaces provided below.

Article 34. Counterparts. This instrument may be executed in any number of counterparts, each of which, when executed and delivered, shall constitute an original, and such counterparts together shall constitute one and the same instrument. Signature and acknowledgment pages, if any, may be detached from the counterparts and attached to a single copy of this document to physically form one document.

Article 35.	Compliance with Section 20.055, Florida Statutes. The Engineer agrees
to comply with Section 20.055(5), Florida Statutes, to cooperate with the inspector general in any investigation, audit, inspection, review, or hearing pursuant such section and to incorporate in all subcontracts the obligation to comply with Section 20.055(5), Florida Statutes.
Article 36.	Compliance with Section 287.135, Florida Statutes. Engineer certifies
it: (i) is not in violation of Section 287.135, Florida Statutes; (ii) is not on the Scrutinized Companies with Activities in Sudan List; (iii) is not on the Scrutinized Companies with Activities in the Iran Petroleum Energy Sector List; (iv) does not have business operations in Cuba or Syria; (v) is not on the Scrutinized Companies that Boycott Israel List; and (vi) is not participating in a boycott of Israel. If the Engineer is found to have submitted a false statement with regards to the prior sentence, has been placed on the Scrutinized Companies with Activities in Sudan List, the Scrutinized Companies with Activities in the Iran Petroleum Energy Sector List, or the Scrutinized Companies that Boycott Israel List, has engaged in business operations in Cuba or Syria, and/or has engaged in a boycott of Israel, the District may immediately terminate the Contract.

(Signatures on Following Page)
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed on the day and year first above written.

Attest:	COASTAL RIDGE COMMUNITY DEVELOPMENT DISTRICT

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

ENGLAND, THIMS & MILLER, INC.,
a Florida limited liability company

Witness	By: Daniel Welch, P.E.
Its: Principal Vice President/Shareholder

Exhibit A:	Form of Work Authorization
Exhibit B:	Schedule of Rates
Exhibit A
Form of Work Authorization
	, 202 
Bannon Lakes Community Development District Duval County, Florida

Subject:	Work Authorization Number [  ]
Coastal Ridge Community Development District

Dear Chairman, Board of Supervisors:
England, Thims & Miller, Inc. (“Engineer”) is pleased to submit this work authorization to provide engineering services for the Coastal Ridge Community Development District (“District”). We will provide these services pursuant to our current agreement dated 	, 202  (“Engineering Agreement”) as follows:

	I.	Scope of Work
[INSERT SCOPE OF WORK]
	I.	Fees

The District will compensate Engineer pursuant to the hourly rate schedule contained in the Engineering Agreement in accordance with the terms of the Engineering Agreement. The District will reimburse Engineer all direct costs, which include items such as printing, drawings, travel, deliveries, et cetera, pursuant to the Engineering Agreement.
This proposal, together with the Engineering Agreement, represents the entire understanding between the District and Engineer with regard to the referenced work authorization. If you wish to accept this work authorization, please sign both copies where indicated, and return one complete copy to our office. Upon receipt, we will promptly schedule our services.

Thank you for considering Engineer. We look forward to working with you.
Sincerely,

England, Thims & Miller, Inc.

Name: 	

Exhibit B
Schedule of Rates
ENGLAND - THIMS & MILLER, INC.

HOURLY FEE SCHEDULE - 2025

CEO I Chairman/ Founder ............................................................................................... $ 475.00  / Hr.
Executive Vice President . ................................................................................................. $ 370.00 / Hr.
Principal - Vice President ................................................................................................. $ 305.00  / Hr.
Vice President .................................................................................................................. $ 295.00  / Hr.
Senior Advisor .. ................................................................................................................ $ 325.00 / Hr. Senior Engineer / Senior Project Manager .. ..................................................................... $ 255.00 / Hr.
Project Manager/ Construction Project Manager ............................................................ $ 225.00 / Hr. Director ............................................................................................................................. $ 210.00  / Hr.
Engineer ............................................................................................................................ $ 190.00  / Hr.
Assistant Project Manager ................................................................................................ $ 165.00 / Hr.
Senior Planner/ Planning Manager .................................................................................. $ 225.00 / Hr.
Senior Environmental Scientist ......................................................................................... $ 240.00 / Hr.
Planner .............................................................................................................................. $ 170.00  / Hr.
CEI Senior Project Engineer ............................................................................................. $ 320.00  / Hr.
Senior Construction Representative ................................................................................. $ 205.00  / Hr.
Construction Representative ............................................................................................ $ 180.00  / Hr.
CEI Inspector .................................................................................................................... $ 140.00  / Hr.
Senior Landscape Architect .............................................................................................. $ 215.00  I Hr.
Landscape Architect ......................................................................................................... $ 190.00 / Hr.
GIS Director ....................................................................................................................  $ 205.00 I Hr.
GIS Solutions/ Engineer/ Manager ................................................................................. $ 185.00 / Hr. GIS Analyst ....................................................................................................................... $ 155.00 I Hr.
GIS Consultant ................................................................................................................. $ 165.00  / Hr.
GIS Specialist ................................................................................................................... $ 150.00  / Hr.
Senior Engineering Designer ............................................................................................ $ 170.00  / Hr.
Senior Landscape Designer ............................................................................................  $ 170.00  / Hr.
Engineering / Landscape Designer ................................................................................... $ 155.00 I Hr.
Engineering Intern ............................................................................................................. $ 150.00  / Hr.
CADD / GIS Technician .................................................................................................... $ 145.00 I Hr.
Project Coordinator/ CSS ................................................................................................ $ 120.00 / Hr.
Administrative Support....................................................................................................  $ 110.00  / Hr.

* ETM's standard hourly billing rates are reevaluated annually, prior to the beginning of the calendar year.

Revised December 27, 2024
May 15, 2025
Bannon Lakes Community Development District Duval County, Florida

Subject:	Work Authorization Number 1
Coastal Ridge Community Development District

Dear Chairman, Board of Supervisors:

England, Thims & Miller, Inc. ("Engineer") is pleased to submit this work authorization to provide engineering services for the Coastal Ridge Community Development District ("District"). We will provide these services pursuant to our current agreement dated May 2025 ("Engineering Agreement") as follows:

	I.	Scope of Work

The District will engage Engineer to:
	•	Perform those services as necessary pursuant to the Engineering Agreement including, but not limited to, attendance at Board of Supervisors meetings and preparation of reports or other activities as directed by the Board of Supervisors
	•	Perform all services related to administration of the District's Project and all Future Projects in an efficient, lawful and satisfactory manner.
	•	Act as Purchasing Agent for the District with respect to the direct purchase of construction materials for the District's improvements in accordance with the procurement procedures adopted by the Board of Supervisors and/or the terms of any applicable construction contracts.

	I.	Fees

The District will compensate Engineer pursuant to the hourly rate schedule contained in the Engineering Agreement in accordance with the terms of the Engineering Agreement. The District will reimburse Engineer all direct costs, which include items such as printing, drawings, travel, deliveries, et cetera, pursuant to the Engineering Agreement.
This proposal, together with the Engineering Agreement, represents the entire understanding between the District and Engineer with regard to the referenced work authorization. If you wish to accept this work authorization, please sign both copies where indicated, and return one complete copy to our office. Upon receipt, we will promptly schedule our services.

Thank you for considering Engineer. We look forward to working with you.

Sincerely,

England, Thims?	

??	
Authorized Representative	'

EIGHTH ORDER OF BUSINESS

Coastal Ridge
Community Development District

Proposed Budget
FY 2025 and FY 2026

March 3, 2025

Coastal Ridge
Community Development District

TABLE OF CONTENTS

General Fund
Budget	Page 1
Narrative	Page 2-3
Coastal Ridge			
Community Development District			
	Proposed Budget
FY 2025 (1)	Proposed Budget FY 2026	

Revenues			
Developer Contributions	$	75,511	$	127,053	
Total Revenues	$	75,511	$	127,053	

Expenditures			
Administrative			
Supervisors Fees	$	7,000	$	12,000	
FICA Expense	$	536	$	918	
Annual Audit	$	3,200	$	3,200	
Dissemination Agent	$	-	$	3,000	
Engineering	$	7,000	$	12,000	
Attorney	$	14,583	$	25,000	
Assessment Administration	$	-	$	7,500	
Management Fees	$	26,250	$	45,000	
Information Technology	$	875	$	1,500	
Website Creation/ADA Compliance	$	1,750	$	960	
Website Maintenance	$	700	$	1,500	
Telephone	$	300	$	500	
Postage	$	875	$	1,500	
Insurance	$	3,000	$	5,000	
Printing & Binding	$	700	$	1,200	
Legal Advertising	$	8,000	$	5,000	
Other Current Charges	$	300	$	600	
Office Supplies	$	292	$	500	
Dues, Licenses & Subscriptions	$	150	$	175	
Total Expenditures	$	75,511	$	127,053	
			
Excess Revenues/(Expenditures)	$	-	$	-	

(1) All expenses prorated amount represents 7 months of fiscal year.			
Coastal Ridge
Community Development District
Budget Narrative

Developer Contribution
It is presently anticipated that the District will enter into a Funding Agreement with the Developer to fund General Fund Expenditures for the Fiscal Year.

Supervisors Fees
Chapter 190 of the Florida Statutes allows for members of the Board of Supervisors to be compensated $200 per meeting in which they attend.  The budgeted amount for the fiscal year is based on all supervisors attending 12 meetings.
FICA Taxes
Payroll taxes on Board of Supervisor’s compensation. The budgeted amount for the fiscal year is calculated at 7.65% of the total Board of Supervisor’s payroll expenditures.
Annual Audit
The District is required to conduct an annual audit of its financial records by an Independent Certified Public Accounting Firm. The budgeted amount for the fiscal year is based on estimated cost.
Dissemination Agent
The District is required by the Security and Exchange Commission to comply with Rule 15(c)(2)-12(b)(5), which relates to additional reporting requirements for un-rated bond issues.
Engineering
The District's engineer will provide general engineering services to the District, i.e. attendance and preparation for monthly board  meetings, review of  invoices, and  other specifically requested assignments.
Attorney
The District’s Attorney, will be providing general legal services to the District, i.e., attendance and preparation for monthly Board meetings, review of contracts, review of agreements and resolutions, and other research assigned as directed by the Board of Supervisors and the District Manager.
Assessment Roll Administration
GMS, LLC provides assessment services for closing lot sales, assessment roll services with the local Tax Collector and financial advisory services.
Management Fees
The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services, LLC. The budgeted amount for the fiscal year is based on the contracted fees outlined in Exhibit "A" of the Management Agreement.
Information Technology
The District processes all of its financial activities, i.e. accounts payable, financial statements, etc. on a main frame computer leased by Governmental Management Services, LLC.
Website Creation/ADA Compliance
Costs to create the initial District website and ensure the District meets ADA compliance guidelines.

Coastal Ridge
Community Development District
Budget Narrative

Website Maintenance
Represents the costs associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc.
Telephone
Internet, Phone and Wi-Fi service for Office.
Postage
Actual postage and/or freight used for District mailings including agenda packages, vendor checks and other correspondence.
Insurance General Liability
The District's General Liability & Public Officials Liability Insurance policy is with a qualified entity that specializes in providing insurance coverage to governmental agencies. The amount is an estimated premium.
Printing and Binding
Copies used in the preparation of agenda packages, required mailings, and other special projects.
Legal Advertising
The District is required to advertise various notices for monthly Board meetings and other public hearings in a newspaper of general circulation.
Other Current Charges
This includes monthly bank charges and any other miscellaneous expenses that incur during the year.
Office Supplies
Supplies used in the preparation and binding of agenda packages, required mailings, and other special projects.
Due, Licenses & Subscriptions
The District is required to pay an annual fee to the Florida Department of Commerce for $175.

NINTH ORDER OF BUSINESS

C.

OFFICE OF THE SUPERVISOR OF ELECTIONS
JERRY HOLLAND	105 EAST MONROE STREET
SUPERVISOR OF ELECTIONS	JACKSONVILLE, FLORIDA 32202
OFFICE (904) 255-8683	FAX (904) 255-3434
CELL (904) 318-6877	E-MAIL JHOLLAND@COJ.NET

May 9, 2025

Courtney Hogge
475 West Town Place, Suite 114 St. Augustine, Florida 32092

Dear Ben,
The information you requested on April 1, 2025, appears below:
Coastal Ridge Community Development District- 0 Registered Voters as of 4/15/2025

If you have any questions or need additional assistance, please contact Aries Torres at 904-219-9302.
Sincerely, Cierra Fackler
Director of Candidates and Records

TENTH ORDER OF BUSINESS
Coastal Ridge
Community Development District	FY 25 Funding Request #5
May 27, 2025

PAYEE	GENERAL FUND

1	Governmental Management Services LLC
Invoice #3 Management Fees May 2025

$	7,308.32
Less: Legal ads from FR #1	(2,635.00)

TOTAL  $	4,673.32 

Please make check payable to:

Coastal Ridge Community Development District
475 West Town Place Ste 114 St Augustine FL 32092
Governmental Management Services, LLC
475 West Town Place, Suite 114 St. Augustine, FL 32092
Invoice

Bill To:
Coastal Ridge CDD 475 West Town Place Suite 114
St. Augustine, FL 32092
Invoice#: 3
Invoice Date: 5/1/25
Due Date: 5/1/25
Case:
P.O. Number:

Description	Hours/Qty	Rate	Amount

Management Fees - May 2025 Website Administration - May 2025 Information Technology - May 2025 Postage
Copies Telephone
Jacksonville Daily Record - Serial # 25-01843D Jacksonville Daily Record - Serial # 25-01844D Jacksonville Daily Record - Serial # 25-01845D Jacksonville Daily Record - Serial # 25-01865D Jacksonville Daily Record - Serial # 25-01891D		3,750.00
100.00
150.00
22.14
631.95
19.23
331.00
254.00
254.00
1,682.00
114.00	3,750.00
100.00
150.00
22.14
631.95
19.23
331.00
254.00
254.00
1,682.00
114.00	

Total	$7,308.32	
Payments/Credits	$0.00	
Balance Due	$7,308.32