CYPRESS LAKES COMMUNITY DEVELOPMENT DISTRICT

PALM BEACH COUNTY Regular Board Meeting & Public Hearing
JUNE 26, 2025
6:00 P.M.

Special District Services, Inc.
The Oaks Center 2501A Burns Road
Palm Beach Gardens, FL 33410

www.cypresslakescdd.org 561.630.4922 Telephone 877.SDS.4922 Toll Free 561.630.4923 Facsimile

AGENDA CYPRESS LAKES
COMMUNITY DEVELOPMENT DISTRICT
Meeting Room at The Wellington Branch Library 1951 Royal Fern Drive
Wellington, Florida 33414
REGULAR BOARD MEETING & PUBLIC HEARING
June 26, 2025
6:00 p.m.

Call to Order
Proof of Publication…	Page 1
Establish Quorum
Additions or Deletions to Agenda
Comments from the Public for Items Not on the Agenda
Approval of Minutes
April 17, 2025 Regular Board Meeting Minutes…	Page 2
Public Hearing
Proof of Publication…	Page 5
Receive Public Comments on Fiscal Year 2025/2026 Final Budget
Consider Resolution No. 2025-03 – Adopting a Fiscal Year 2025/2026 Final Budget…	Page 6
Old Business
New Business
Consider Resolution No. 2025-04 – Adopting a Fiscal Year 2025/2026 Meeting Schedule…	Page 13
Administrative Matters
Board Member Comments
Adjourn

LOCALiQ
The Gainesville Sun I The Ledger Dally commercial I ocala StarBanner News Chtef I Herald-Tribune
News Herald I The Palm Beach Post
Northwest Florida Daily News

PO Box 631244 Cincinnati, OH 45263-1244

AFFIDAVIT OF PUBLICATION
Cypress Lakes Cdd Cypress Lakes Cdd 250I BURNS RD STEA

PALM BEACH GARDENS FL 334105207

STATE OF WISCONSIN, COUNTY OF BROWN

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

10/07/2024

Affiant further says that the website or newspaper complies with all legal requirements for publication in chapter 50, Florida Statutes.
Subscribed and sworn to before me, by the legal clerk, who

0/07/2024

Legal Clerk

	l-7	

My commission expires

Publication Cost:	$230.66	
Tax Amount:	$0.00	
Payment Cost	$230.66	
Order No:	10630820	
Customer No:	730593	
PO#:		

# of Copies:
1

THIS IS NOT AN INVOICE!
Please do not use this fonn for payment remittance.

CYPRESS LAKES COMMUNITY OEVELOPMENT OISTRICT FISCAL YEAR 20W2025 REGU• LAR MEETING SCHEOULE NOTICE IS HEREBY GIVEN thot
lat Boord of Supervisors of the
Cyoress Lakes Community DevelopL ment District will hold Regulor Meetings ot the Wellington Branch L1br0ry I0<:oted ar 1951 Roval Fern Drivet WelHng,ton� Florido 33414 at 6·00 o.m. on the following dates:
Oclober 17, 2024
November 21, 2024
December 19, 2024
Jonuarv 16, 2025
February 20, 2025 March20,2025 April 17, 2025
Moy 15, 2025
July 17, 2025
August 21, 2025
Seotember 18, 2025
The ouroose of the meetings is 10 conduct ony ond 011 bus�ness comJnv before the Board Me,efin,;s ore oPen to the oublic ond wlll be conducted in occordonce wilt, lhe provlsfons of Florida low. Copies of the Agenda for any of the meetings mov be obtained from the District•s website or bv contoclmg the Dislricl Monoger ot (561) 630-4922 and/or tall tree of I-B77-7J7-Affl five (5) dovs prior lo the dote of the particular meeting.
From time to t"me one or more Supervisor, moy pgrtli:lpgte bY tele• Phone; therefore a speaker tele­ phone will be pre:$ent ot the mee2ing locot,on so that Supervtsors mav be lul IV inlorme<I of the discussions to�ing olace. Meetings mav be i:-ontinued o.s, round necessory fo o time and place si>eeifie<I on lhe record.
1f any i:,enan decides ta appeol onv decision mode w th respect to any matter cons dered ot these meef• lngs, such person will need o record of the oroceedings ond such person mov need to ensure tt>ot o verbotim record of the or0<:eedln11s is mode at hls or her own expense and which record include$ the testimony and ev oence on which the appeal is t>o,;eci.
I accordance with the provisions of 1he Americans with Disabilities Act, onv l)erson requ·ring, soecial acc-arn.... modolIDM or an Interpreter to particioote ot onv of lhese meetings should contact the Oistrict M0no11er or (561) 630-4922 ond/or toll-free at 1· 877,737•4922 at leost seven (1) dovs prior to the date of the porticulor meeting.
Meetings mov be cancel led frorn time to time wfthout odvert.ised notice.
CYPRESS LAKES COMMUNITY OEVELOPMENT DISTRICT
W"Nw.cvoresslakescdd.org October 7, 2024 10630820

Page 1 of 1

CYPRESS LAKES COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING
APRIL 17, 2025

CALL TO ORDER
District Manager Jason Pierman called the April 17, 2025, Regular Board Meeting of the Cypress Lakes Community Development District (the “District”) to order at 6:00 p.m. at the Wellington Branch Library located at 1951 Royal Fern Drive, Wellington, Florida 33414.

PROOF OF PUBLICATION

Mr. Pierman presented proof of publication that notice of the Regular Board Meeting had been published in The Palm Beach Post on October 7, 2024, as part of the District’s Fiscal Year 2024/2025 Meeting Schedule, as legally required.
ESTABLISH A QUORUM
Mr. Pierman determined that the attendance of Chairman Michael DeBock, Vice Chairman Jonathan Strackman and Supervisors Alissa Strackman and Sam Young constituted a quorum and it was in order to proceed with the meeting.

Staff in attendance were: District Manager Jason Pierman of Special District Services, Inc., and General Counsel Scott Cochran of Billing, Cochran, Lyles, Mauro & Ramsey, P.A.

ADDITIONS OR DELETIONS TO AGENDA

There were no additions or deletions to the agenda.

COMMENTS FROM THE PUBLIC FOR ITEMS NOT ON THE AGENDA

There were no comments from the public for items not on the agenda.

APPROVAL OF MINUTES
November 21, 2024, Regular Board Meeting

Mr. Pierman presented the minutes of the November 21, 2024, Regular Board Meeting and asked if there were any changes or additions.

There being none, a motion was then made by Mr. Strackman, seconded by Mrs. Strackman and unanimously passed approving the minutes of the November 21, 2024, Regular Board Meeting, as presented.

OLD BUSINESS

There were no Old Business items to come before the Board.

NEW BUSINESS
Consider Resolution No. 2025-01 – Adopting a Fiscal Year 2025/2026 Proposed Budget

Resolution No. 2025-01, entitled:
RESOLUTION NO. 2025-01
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CYPRESS LAKES COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2025/2026; AND PROVIDING AN EFFECTIVE DATE.

A motion was made by Mr. Strackman, seconded by Mr. Young and passed unanimously adopting Resolution No. 2025-01, as presented, setting the Public Hearing for June 26, 2025.

Consider Resolution No. 2025-02 – Registered Agent Change
Resolution No. 2025-02 was presented, entitled:

RESOLUTION 2025-02

A RESOLUTION OF THE CYPRESS LAKES COMMUNITY DEVELOPMENT DISTRICT DESIGNATING MICHAEL J. PAWELCZYK AS THE DISTRICT’S REGISTERED AGENT AND DESIGNATING THE OFFICE OF BILLING, COCHRAN, LYLES, MAURO & RAMSEY, P.A. AS THE REGISTERED OFFICE

A motion was made by Mrs. Strackman, seconded by Mr. DeBock and passed unanimously adopting Resolution No. 2025-02, as presented.

ADMINISTRATIVE MATTERS

There were no Administrative Matters to come before the Board.

BOARD MEMBER COMMENTS

There were no further comments from the Board Members.

ADJOURNMENT

There being no further business to come before the Board, the Regular Board Meeting was adjourned at 6:07 p.m. on a motion made by Mr. Strackman, seconded by Mr. Young and passed unanimously.

	
Secretary/Assistant Secretary	Chair/Vice-Chair

Publication Date 2025-06-13

Subcategory Miscellaneous Notices

Notice of Public Hearing
and Regular Board Meeting of the Cypress Lakes Community Development District
The Board of Supervisors (the Board) of the Cypress Lakes Community Development District (the District) will hold a Public Hearing and Regular Board Meeting on June 26, 2025, at 6:00 p.m., or as soon thereafter as the meeting can be heard, at the Wellington Branch Library located at 1951 Royal Fern Drive, Wellington, Florida 33414.
The purpose of the Public Hearing is to receive public comment on the Fiscal Year 2025/2026 Proposed Final Budget of the District. The purpose of the Regular Board Meeting is for the Board to consider any other business which may properly come before it. A copy of the Budget and/or the Agenda may be obtained from the Districts website (www.cypresslakescdd.org) or at the offices of the District Manager, 2501A Burns Road, Palm Beach Gardens, Florida 33410, during normal business hours. The meetings are open to the public and will be conducted in accordance with the provisions of Florida law for community development districts.
Meetings may be continued as found necessary to a time and place specified on the record.
There may be occasions when one or more Supervisors will participate by telephone; therefore, a speaker telephone will be present at the meeting location so that Supervisors may be fully informed of the discussions taking place.
In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accommodations or an interpreter to participate at these meetings should contact the District Manager at
(561) 630-4922 and/or toll-free at 1-877-737-4922, at least seven (7) days prior to the date of the meetings. If any person decides to appeal any decision made with respect to any matter considered at this Public Hearing and Regular Board Meeting, such person will need a record of the proceedings and such person may need to ensure that a verbatim record of the proceedings is made at their own expense and which record includes the testimony and evidence on which the appeal is based.
Meetings may be cancelled from time to time without advertised notice. Cypress Lakes Community
Development District www.cypresslakescdd.org No.11360863 June 6, 13, 2025

RESOLUTION NO. 2025-03

A RESOLUTION OF THE CYPRESS LAKES COMMUNITY DEVELOPMENT DISTRICT ADOPTING A FISCAL YEAR 2025/2026 BUDGET.

WHEREAS, the Cypress Lakes Community Development District (“District”) has prepared a Proposed Budget and Final Special Assessment Roll for Fiscal Year 2025/2026 and has held a duly advertised Public Hearing to receive public comments on the Proposed Budget and Final Special Assessment Roll; and,

WHEREAS, following the Public Hearing and the adoption of the Proposed Budget and Final Assessment Roll, the District is now authorized to levy non ad-valorem assessments upon the properties within the District.

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

Section 1.	The Final Budget and Final Special Assessment Roll for Fiscal Year 2025/2026 attached hereto as Exhibit “A” is approved and adopted, and the assessments set forth therein shall be levied.

Section 2.	The Secretary of the District is authorized to execute any and all necessary transmittals, certifications or other acknowledgements or writings, as necessary, to comply with the intent of this Resolution.
PASSED, ADOPTED and EFFECTIVE this 26th day of June, 2025
.

ATTEST:	CYPRESS LAKES
COMMUNITY DEVELOPMENT DISTRICT

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

Cypress Lakes Community Development District

Final Budget For Fiscal Year 2025/2026
October 1, 2025 - September 30, 2026

CONTENTS

FINAL BUDGET

DETAILED FINAL BUDGET

DETAILED FINAL DEBT SERVICE FUND BUDGET

ASSESSMENT COMPARISON

FINAL BUDGET
CYPRESS LAKES COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	
FISCAL YEAR 2025/2026
BUDGET	
O & M Assessments	78,137	
Debt Assessments	119,734	
Other Revenues	0	
Interest Income	960	
		
TOTAL REVENUES	$	198,831	
		
EXPENDITURES		
Supervisor Fees	4,000	
Payroll Taxes (Employer)	320	
Engineering	1,500	
Management	29,400	
Secretarial	4,200	
Legal	7,000	
Assessment Roll	6,000	
Audit Fees	3,600	
Insurance	7,400	
Legal Advertisements	1,300	
Miscellaneous	575	
Postage	125	
Office Supplies	275	
Dues & Subscriptions	175	
Trustee Fee	4,100	
Continuing Disclosure Fee	1,000	
Website Management	2,000	
Reserve	1,439	
		
TOTAL EXPENDITURES	$	74,409	
		
REVENUES LESS EXPENDITURES	$	124,422	
		
Bond Payments	(112,550)	
		
BALANCE	$	11,872	
		
County Appraiser & Tax Collector Fee	(3,957)	
Discounts For Early Payments	(7,915)	
		
EXCESS/ (SHORTFALL)	$	-	
		
Carryover From Prior Year	0	
		
NET EXCESS/ (SHORTFALL)	$	-	

DETAILED FINAL BUDGET
CYPRESS LAKES COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	
FISCAL YEAR 2023/2024 ACTUAL	
FISCAL YEAR 2024/2025 BUDGET	
FISCAL YEAR 2025/2026 BUDGET	

COMMENTS	
O & M Assessments	73,367	78,137	78,137	Expenditures Less Interest & Carryover/.94	
Debt Assessments	124,804	119,734	119,734	Bond Payments/.94	
Other Revenues	0	0	0		
Interest Income	5,555	480	960	Interest Projected At $80.00 Per Month	
					
TOTAL REVENUES	$	203,726	$	198,351	$	198,831		
					
EXPENDITURES					
Supervisor Fees	2,200	4,000	4,000	No Change From 2024/2025 Budget	
Payroll Taxes (Employer)	168	320	320	Projected At 8% Of Supervisor Fees	
Engineering	2,750	1,500	1,500	No Change From 2024/2025 Budget	
Management	27,744	28,572	29,400	CPI Adjustment	
Secretarial	4,200	4,200	4,200	No Change From 2024/2025 Budget	
Legal	6,955	7,000	7,000	No Change From 2024/2025 Budget	
Assessment Roll	6,000	6,000	6,000	As Per Contract	
Audit Fees	3,800	3,900	3,600	Accepted Amount For 2024/2025 Audit	
Insurance	6,594	7,100	7,400	FY 24/25 Expenditure Was $6,858	
Legal Advertisements	1,322	1,300	1,300	No Change From 2024/2025 Budget	
Miscellaneous	427	600	575	$25 Decrease From 2024/2025 Budget	
Postage	56	125	125	No Change From 2024/2025 Budget	
Office Supplies	156	275	275	No Change From 2024/2025 Budget	
Dues & Subscriptions	175	175	175	No Change From 2024/2025 Budget	
Trustee Fee	4,089	4,100	4,100	No Change From 2024/2025 Budget	
Continuing Disclosure Fee	1,000	1,000	1,000	No Change From 2024/2025 Budget	
Website Management	2,000	2,000	2,000	No Change From 2024/2025 Budget	
Reserve	0	1,762	1,439	Reserve	
					
TOTAL EXPENDITURES	$	69,636	$	73,929	$	74,409		
					
REVENUES LESS EXPENDITURES	$	134,090	$	124,422	$	124,422		
					
Bond Payments	(119,034)	(112,550)	(112,550)	2026 P & I Payments Less Earned Interest	
					
BALANCE	$	15,056	$	11,872	$	11,872		
					
County Appraiser & Tax Collector Fee	(1,282)	(3,957)	(3,957)	Two Percent Of Total Assessment Roll	
Discounts For Early Payments	(7,266)	(7,915)	(7,915)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	6,508	$	-	$	-		
					
Carryover From Prior Year	0	0	0	Carryover Balance From Prior Years	
					
NET EXCESS/ (SHORTFALL)	$	6,508	$	-	$	-		

DETAILED FINAL DEBT SERVICE BUDGET
CYPRESS LAKES COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	FISCAL YEAR 2023/2024 ACTUAL	FISCAL YEAR 2024/2025 BUDGET	FISCAL YEAR 2025/2026 BUDGET	

COMMENTS	

Interest Income	
7,162	
300	
1,250	
Projected Interest For 2025/2026	

NAV Tax Collection	
119,034	
112,550	
112,550	
2026 P & I Payments Less Earned Interest	

Total Revenues	
$	126,196	
$	112,850	
$	113,800		

EXPENDITURES					

Principal Payments	
75,000	
65,000	
70,000	
Principal Payment Due In 2026	

Interest Payments	
54,000	
47,850	
43,800	
Interest Payments Due In 2026	

Extraordinary Principal Payments	
0	
0	
0		

Total Expenditures	
$	129,000	
$	112,850	
$	113,800		

Excess/ (Shortfall)	
$	(2,804)	
$	-	
$	-		

Series 2004 Bond Information
Original Par Amount =	$1,745,000	Annual Principal Payments Due = May 1st	
Interest Rate =	6.00%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =	August 2004		
Maturity Date =

Par Amount As Of 1/1/25 =	May 2034

$830,000		

Cypress Lakes Community Development District Assessment Comparison

Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	
2022/2023	2023/2024	2024/2025	2025/2026	
	Assessment*		  Assessment* 		Assessment*		 Projected Assessment* 	

O & M

$	695.06	$

683.53	$

730.26	$

730.26

Debt

$	1,154.21

$	1,165.74

$	1,119.01

$	1,119.01

Total

$	1,849.27

$	1,849.27	$

1,849.27	$

1,849.27

Page 12

* Assessments Include the Following :	 4% Discount for Early Payments
1% County Tax Collector Fee
1% County Property Appraiser Fee
 Community Information:		 Total Units	107

IV

RESOLUTION NO. 2025-04

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CYPRESS LAKES COMMUNITY DEVELOPMENT DISTRICT, ESTABLISHING A REGULAR MEETING SCHEDULE FOR FISCAL YEAR 2025/2026 AND SETTING THE TIME AND LOCATION OF SAID DISTRICT MEETINGS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, it is necessary for the Cypress Lakes Community Development District ("District") to establish a regular meeting schedule for fiscal year 2025/2026; and

WHEREAS, the Board of Supervisors of the District has set a regular meeting schedule, location and time for District meetings for fiscal year 2025/2026 which is attached hereto and made a part hereof as Exhibit “A”.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CYPRESS LAKES COMMUNITY DEVELOPMENT DISTRICT, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS:

Section 1.   The above recitals are hereby adopted.

Section 2.  The regular meeting schedule, time and location for meetings for fiscal year 2025/2026 which is attached hereto as Exhibit “A” is hereby adopted and authorized to be published.
PASSED, ADOPTED and EFFECTIVE this 26th day of June, 2025.

ATTEST:	CYPRESS LAKES
COMMUNITY DEVELOPMENT DISTRICT

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

CYPRESS LAKES COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026 REGULAR MEETING SCHEDULE
NOTICE IS HEREBY GIVEN that the Board of Supervisors of the Cypress Lakes Community Development District will hold Regular Meetings at the Wellington Branch Library located at 1951 Royal Fern Drive, Wellington, Florida 33414 at 6:00 p.m. on the following dates:
October 16, 2025
November 20, 2025
December 18, 2025
January 15, 2026
February 19, 2026
March 19, 2026
April 16, 2026
May 21, 2026
June 18, 2026
July 16, 2026
August 20, 2026
September 17, 2026

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

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

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

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

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

CYPRESS LAKES COMMUNITY DEVELOPMENT DISTRICT

www.cypresslakescdd.org PUBLISH: PALM BEACH POST