Silverleaf
Community Development District
3501 Quadrangle Boulevard, Suite 270 | Orlando, FL 32817
Phone: 407-723-5900, Fax: 407-723-5901
www.silverleafcdd.com

The meeting of the Board of Supervisors for the Silverleaf Community Development District will be held Monday, March 2, 2026, at 1:00 p.m. at Parrish United Methodist Church located at 12180 US 301 N Parrish, FL 34219. The following is the proposed agenda for this meeting.
Call in number: 1-844-621-3956	Passcode: 2538 286 6774

Join online: https://pfmcdd.webex.com/meet/ripollv BOARD OF SUPERVISORS’ MEETING AGENDA
Organizational Matters
Call to Order
Roll Call
Public Comment Period [for any members of the public desiring to speak on any proposition before the Board]

General Business Matters
Consideration of the Minutes of the February 2, 2026, Board of Supervisors Meeting
Update from Pond Professionals LLC
Update of Drainage on Deep Creek
Update on Crooked Creek Drainage
Discussion of Engineering Services
Lake Bank Erosion Repair Discussion
Ratification of Payment Authorization #s 255-258
Review of District Financial Statements
Other Business

Staff Reports
District Counsel
District Engineer
Update on Falling Leaf and Deep Creek
Final Notice of As-Built Deviations
District Manager
Next Meeting April 6, 2026
Audience Comments
Supervisors Requests
Adjournment

Silverleaf
Community Development District

Consideration of the Minutes of the February 2, 2026, Board of Supervisors Meeting

MINUTES OF MEETING

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS MEETING MINUTES
Monday, February 2, 2026, at 1:00 p.m.
Parrish United Methodist Church at 12180 US 301 N Parrish, FL 34219
Board Members in attendance via conference call or in person: Paul Gressin	Chairperson
Lawrence Powell	Vice Chairperson
Frank Davis	Assistant Secretary
Timothy Abramski	Assistant Secretary	(via phone) Jonathan Decker	 Assistant Secretary

Also present via conference call or in person:

Venessa Ripoll
Gazmin Kerr	PFM Group Consulting LLC
PFM Group Consulting LLC	(via phone)	
Rick Montejano	PFM Group Consulting LLC	(via phone)	
Alan Rayl Andy Cohen
George Colbath	Rayl Engineering PCMF & J P.A.
Pond Professionals LLC	(via phone)	
Various Residents in Audience and via Webex

FIRST ORDER OF BUSINESS		Organizational Matters Call to Order and Roll Call
The Board of Supervisors Meeting for the Silverleaf Community Development District was called to order at 1:00 p.m. Ms. Ripoll proceeded with roll call and confirmed quorum. Those in attendance are outlined above.

ON MOTION by Mr. Gressin, seconded by Mr. Davis, with all in favor, the Board approved allowing Mr. Abramski to vote via phone.

Public Comment Period

A resident requested an update on the invasive plant species behind Crooked Creek. Mr. Davis gave an update and noted that the proposal has been approved. The work is expected to begin next week.

Mr. Smith, a resident on Deep Creek, commented on the issues with the pond behind his home. Pond Professionals gave an update and recommended aquatic planting in that pond. He noted there are no algae concerns at this time.

There were no further public comments at this time.

SECOND ORDER OF BUSINESS	General Business Matters	
	Consideration of the Minutes of the	
	January 5, 2026, Board of Supervisors Meeting	
The Board reviewed the minutes.		
It was noted the attendance needs to be updated, as Mr. Powell attended in person and Mr. Gressin attended via phone. Ms. Ripoll will amend the minutes as requested.

Ms. Ripoll noted the minutes will be on the District’s website once approved.

ON MOTION by Mr. Powell, seconded by Mr. Gressin, with all in favor, the Board approved the Minutes of the January 5, 2026, Board of Supervisors Meeting, with amended changes.

Update from Pond Professionals LLC
Mr. Colbath gave an update regarding the Start Grant and noted there have been 1,500 plantings completed thus far. Ponds 17 and 20 have been approved for planting via the grant and two ponds are being paid for by the CDD. It was noted the no mow zones are still not in place for Ponds 17 and 20. The HOA Manager will follow up with the landscaping vendor.
District Management is working on applying for the Start Grant for two additional ponds.

Pond Professionals will hold a Q&A community meeting for residents. The HOA President will follow up.

Update	on	Drainage	on	Deep Creek
Mr. Rayl gave an update and noted he has been surveying the rear yard swales on Crooked Creek, Deep Creek and the Publix Pond outfall. He noted in order to stop the Publix Pond storm water drain from overflowing into the Deep Creek rear yard swale, engineering will need to enter the wetland buffer and clear the vegetation and obstruction. It was noted this will be a minimal amount of work and can be added to the vendor’s scope of work who will be completing the rear yard swale grading.

Mr. Cohen noted there is a not-to-exceed approved amount of $12,500.00 already in place.

Mr. Rayl has received three proposals for the Crooked Creek rear yard swale grading, and two proposals for the Deep Creek rear yard swale grading. Mr. Rayl gave an overview of the proposals

received. He recommended that he follow up with Southern Landscaping for a complete scope of work proposal, to include all projects.
District Counsel will prepare a contract once a proposal is approved.

There was discussion regarding the scope of work for Crooked Creek. Mr. Rayl gave clarification and noted this project is for the rear yard swale that was in violation and is part of Southwest Florida Water Management District permitting. This is separate from the waterway that runs behind the homes on Crooked Creek.

Mr. Davis noted that the Crooked Creek issue will be completed by Harley’s Tree Service.

There was continued discussion regarding clarification of the projects needing completion and cost. Mr. Rayl noted there was previous approval of proposals for a vacuum truck. Mr. Davis recommended removing Crooked Creek from the scope of work as there will be work starting on Tuesday in that location.

The Board agreed to proceed with a proposal for a vacuum truck for Deep Creek and proposal for the Publix Pond outfall.

Update	on	Crooked	Creek Drainage
Mr. Davis gave an update. He noted the work will begin on February 10, 2026. The vendor will be parking across from the Amenity Center. Homeowners have been notified. Harley’s Tree Service will be working on three projects: invasive species behind Crooked Creek, invasive species behind the Dog Park, and tree trimming on Falling Leaf.

Discussion	of	Engineering Services

Mr. Davis requested an update on ZNS Engineering and Southwest Florida Water Management District.

Mr. Rayl gave an update. It was noted that Southwest Florida Water Management District has issued a final notice of violation to ZNS Engineering for two items. ZNS is going to submit new calculations for the connection to the wetlands to show that it is satisfactory. The permit still needs to be transferred to the CDD, but all material items related to original engineer’s work need to be completed prior to permit transfer acceptance. Mr. Rayl is waiting on a final update from ZNS.
There was brief discussion regarding recovering funds for the CDD. This item will be kept on the agenda.

Lake Bank Erosion Repair Discussion
Mr. Colbath noted he reviewed the erosion issues and will send the information to Ms. Ripoll. The ponds that have the most erosion are Ponds 20-23. Some of the issues have been caused by resident construction.
Ms. Ripoll noted that residents have been contacted regarding the issues.

Mr. Colbath noted that all are in need of repair and would cost approximately $26,000.00. The breakdown will be sent to Ms. Ripoll and issues caused by residents will be sent to the HOA.
There was brief discussion regarding resident pools draining into the ponds. This item will be kept on the agenda.

Review and Consideration of the Arbitrage Rebate Report, Series 2018 Engagement Letter with GNP Services
Ms. Ripoll gave an overview of the report.

ON MOTION by Mr. Gressin, seconded by Mr. Powell, with all in favor, the Board approved the Arbitrage Rebate Report, Series 2018 Engagement Letter with GNP Services.

Ratification	of	Payment Authorization Nos. 253-254
The Board reviewed the payment authorizations.

Ms. Ripoll noted these were contractual obligations needing ratification.

ON MOTION by Mr. Davis, seconded by Mr. Decker, with all in favor, the Board approved Payment Authorization Nos. 253 - 254.

Review	of	District	Financial Statements
Ms. Ripoll stated the financials are as of December 2025 and noted any questions can be directed to Mr. Montejano.
There was brief discussion regarding the special assessments. Ms. Ripoll noted these are placed on the tax roll. Mr. Montejano noted approximately 90% of the special assessments have been paid.

ON MOTION by Mr. Powell, seconded by Mr. Gressin, with all in favor, the Board approved the District Financial Statements.

THIRD ORDER OF BUSINESS	Other Business Staff Reports
District Counsel-	There was brief discussion regarding Ethics Training and the Form
1. Ms. Ripoll will follow up with class options.

District Engineer-
Update on Falling Leaf and Deep Creek
Final Notice of As-Built Deviations
Mr. Rayl gave an update on Manatee County’s waterway work that will be taking place.
District Manager-
Next Meeting March 2, 2026
Ms. Ripoll noted the next Board meeting is March 2, 2026. It was noted the budget will begin at the March meeting.

Supervisor	Requests	and Audience Comments
Mr. Gressin recognized and thanked Mr. Davis for his work on the Board. There were no Supervisor requests or audience comments at this time.

FOURTH ORDER OF BUSINESS	Adjournment
There were no additional comments from the Board. Ms. Ripoll called for a motion to adjourn.

ON MOTION by Mr. Gressin, seconded by Mr. Davis, with all in favor, the February 2, 2026, Meeting of the Board of Supervisors of the Silverleaf Community Development District was adjourned at 1:56 p.m.

Secretary/Assistant Secretary	Chairperson/Vice Chairperson

Update from Pond Professionals LLC

Update of Drainage on Deep Creek

Update on Crooked Creek Drainage

Discussion of Engineering Services

Lake Bank Erosion Repair Discussion

Ratification of Payment Authorization #s 255-258

Payment Authorization #255
1/21/2026

Invoice No

Supplier

Invoice Date  Property

Invoice Amount

2026.02.02	Parrish United Methodist Churc (SILVEL)

01/08/2026	Silverleaf CDD	75.00

DM-01-2026-60	PFM Group Consulting (SILVEL)	01/05/2026	Silverleaf CDD	3,708.33

Total:	3,783.33

District Manager / Assistant District Manager	Chairman / Vice Chairman

Payment Authorization #256
1/28/2026

Invoice No

Supplier

Invoice Date  Property

Invoice Amount

8100	VGlobalTech (SILVEL)	01/01/2026	Silverleaf CDD	145.00
Total:	145.00

District Manager / Assistant District Manager	Chairman / Vice Chairman

Payment Authorization #257
2/4/2026

Invoice No	Supplier	Invoice Date	Property		Invoice Amount	
2026.02.02	Frank Davis (SILVEL)	02/02/2026	Silverleaf CDD		200.00	
2026.02.02	Jonathan Decker (SILVEL)	02/02/2026	Silverleaf CDD		200.00	
2026.02.02	Lawrence Powell (SILVEL)	02/02/2026	Silverleaf CDD		200.00	
2026.02.02	Paul Gressin (SILVEL)	02/02/2026	Silverleaf CDD		200.00	
SLponds64	Pond Professional LLC (SILVEL)	11/23/2025	Silverleaf CDD		1,840.22	
SLponds65	Pond Professional LLC (SILVEL)	01/01/2026	Silverleaf CDD		1,840.22	
SLponds66	Pond Professional LLC (SILVEL)	02/01/2026	Silverleaf CDD		1,840.22	
SLpreserves29	Pond Professional LLC (SILVEL)	01/01/2026	Silverleaf CDD		3,300.00	
2026.02.02	Timothy Abramski (SILVEL)	02/02/2026	Silverleaf CDD		200.00	
				Total:	9,820.66	

District Manager / Assistant District Manage	Chairman / Vice Chairman			

Payment Authorization #258
2/11/2026

Invoice No

Supplier

Invoice Date  Property

Invoice Amount

6710	Persson, Cohen, Mooney, Fernan (SILVEL)

02/03/2026	Silverleaf CDD	4,410.90

OE-EXP-02-2026-17	PFM Group Consulting (SILVEL)

02/06/2026	Silverleaf CDD

0.74

RES 23-126-35

Rayl Engineering & Surveying (SILVEL)  02/04/2026	Silverleaf CDD

3,757.59

8180	VGlobalTech (SILVEL)	02/01/2026	Silverleaf CDD	145.00

140726	PFM Group Consulting (SILVEL)	02/09/2026	Silverleaf CDD	119.86

DM-02-2026-60	PFM Group Consulting (SILVEL)	02/05/2026	Silverleaf CDD	3,708.33

Total:	12,142.42

District Manager / Assistant District Manager	Chairman / Vice Chairman

Silverleaf
Community Development District

Review of District Financial Statements

Silverleaf CDD
January 2026 Financial Package

January 31, 2026

PFM Group Consulting, LLC
3501 Quadrangle Blvd
Suite 270
Orlando, FL 32817
(407) 723-5900

Statement of Financial Position As of 1/31/2026

Debt Service -	Debt Service -	Debt Service -	Long Term	
2019	2018	2025	Debt Group	

General Fund	Total

Current Assets
GF Checking account Assessments Receivable Deposits
Assessments Receivable Debt Service Reserve 2019A1 Revenue Account 2019A1 Prepayment Acct. 2019A1 Assessments Receivable
Debt Service Reserve 2018A1 Bond Revenue 2018A Bond
Prepayment 2018A1 Bond Prepayment 2018A2 Bond Assessments Receivable Revenue Account 2025
Interest Account 2025
2025 Prepayment Total Current Assets

Investments
Amount Available in Debt Service Funds Amount To Be Provided
Total Investments	

$185,742.55 11,718.11
167.00

$197,627.66

$0.00		Assets

$16,023.81 79,434.37
230,485.56
3,655.53

$329,599.27

$0.00	

$18,431.39 46,550.18
176,904.63
1,204.21
1,246.12

$244,336.53

$0.00		

$21,571.38 211,739.21
1.61
3,416.67

$236,728.87

$0.00		

$0.00

$1,030,200.72 5,366,799.28

$6,397,000.00		

$185,742.55 11,718.11
167.00
16,023.81
79,434.37
230,485.56
3,655.53
18,431.39
46,550.18
176,904.63
1,204.21
1,246.12
21,571.38
211,739.21
1.61
3,416.67

$1,008,292.33

$1,030,200.72 5,366,799.28

$6,397,000.00	
Total Assets

Current Liabilities Accounts Payable Deferred Revenue Deferred Revenue Deferred Revenue Deferred Revenue
Total Current Liabilities

Long Term Liabilities
Revenue Bonds Payable LongTerm Total Long Term Liabilities

Total Liabilities	
$197,627.66	$329,599.27

Liabilities and Net Assets

$5,532.81 11,718.11
$16,023.81

 
$17,250.92	$16,023.81

 
$0.00	$0.00

$17,250.92	$16,023.81	$244,336.53

$18,431.39

$18,431.39

$0.00

$18,431.39		$236,728.87

$21,571.38

$21,571.38

$0.00

$21,571.38		$6,397,000.00

$0.00

$6,397,000.00

$6,397,000.00

$6,397,000.00		$7,405,292.33

$5,532.81 11,718.11
16,023.81
18,431.39
21,571.38

$73,277.50

$6,397,000.00

$6,397,000.00

$6,470,277.50	

Net Assets
Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Net Assets - General Government Current Year Net Assets - General Govt
Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Total Net Assets

Total Liabilities and Net Assets	

$147,458.36
2,583.89

(165,842.40)
196,176.89

$180,376.74

$197,627.66		

$231,811.09 81,764.37

$313,575.46

$329,599.27	

$131,356.12 94,549.02

$225,905.14

$244,336.53		

$91,589.27 123,568.22

$215,157.49

$236,728.87		

$0.00

$6,397,000.00		

$147,458.36
2,583.89

(165,842.40)
196,176.89
231,811.09
81,764.37

131,356.12
94,549.02

91,589.27
123,568.22

$935,014.83

$7,405,292.33	

General Fund		Debt Service - 2019		Debt Service - 2018		Debt Service - 2025		Long Term Debt Group		Total	

$256,581.63										

$256,581.63	
6,147.80										6,147.80	
2,583.89										2,583.89	
		$136,804.28								136,804.28	
				$157,359.23						157,359.23	
						$184,168.88				184,168.88	
$265,313.32		$136,804.28		$157,359.23		$184,168.88		$0.00		$743,645.71	

$4,000.00										
$4,000.00	
3,552.00										3,552.00	
4,781.38										4,781.38	
14,833.32										14,833.32	
6,013.63										6,013.63	
10,000.00										10,000.00	
5,070.00										5,070.00	
12,500.00										12,500.00	
91.39										91.39	
163.99										163.99	
149.83										149.83	
880.00										880.00	
175.00										175.00	
4,342.00										4,342.00	
		$56,911.25								56,911.25	
				$57,755.00						57,755.00	
				5,929.50						5,929.50	
						$5,000.00				5,000.00	
						55,601.34				55,601.34	
$66,552.54		$56,911.25		$63,684.50		$60,601.34		$0.00		$247,749.63	
		
$1,871.34								
$1,871.34	
				$874.29						874.29	
						$0.68				0.68	
$0.00		$1,871.34		$874.29		$0.68		$0.00		$2,746.31	
$198,760.78		$81,764.37		$94,549.02		$123,568.22		$0.00		$498,642.39	

($18,384.04)		
$231,811.09		
$131,356.12		
$91,589.27		
$0.00		
$436,372.44	

$180,376.74		

$313,575.46		

$225,905.14		

$215,157.49		

$0.00		

$935,014.83	

Revenues

On-Roll Assessments Other Assessments Other Revenue
On-Roll Assessments On-Roll Assessments On Roll Assessments
Total Revenues

Expenses

Supervisor Fees
Public Officials' Insurance Trustee Services Management Engineering
Disclosure Agent District Counsel
Assessment Administration Postage & Shipping
Legal Advertising Miscellaneous
Web Site Maintenance Dues, Licenses, and Fees General Insurance
Interest Payments - 2019A1 Bond Interest Payment - 2018A1 Bond Interest Payment - 2018A2 Bond Principal Payment - S2025 Interest Payment - S2025
Total Expenses

Other Revenues (Expenses) & Gains (Losses)

Interest Income Interest Income Interest Income
Total Other Revenues (Expenses) & Gains (Losses)

Change In Net Assets

Net Assets At Beginning Of Year

Net Assets At End Of Year

Statement of Activities As of 1/31/2026

Silverleaf CDD	
Budget to Actual
For The Month Ending 1/31/2026	

Year To Date	
		
Actual		
Budget		
Variance	FY26 Adopted Budget		
Percentage	

Revenues														
On-Roll Assessments	$	206,650.33		$	72,841.00		$	133,809.33		$	218,523.00		94.6%	
Other Assessments		6,147.80			-			6,147.80			-		-	
Other Revenue		2,583.89			-			2,583.89			-		-	
Carry Forward Revenue		49,931.30			17,600.00			32,331.30			52,800.00		94.6%	
Net Revenues	$	265,313.32		$	90,441.00		$	174,872.32		$	271,323.00		97.8%	
General & Administrative Expenses												
Supervisor Fees	$	4,000.00		$	4,000.00		$	-	$	12,000.00		33.3%	
Public Officials' Insurance		3,552.00			1,256.68			2,295.32	3,770.00		94.2%	
Trustee Services		4,781.38			4,450.00			331.38	13,350.00		35.8%	
Management		14,833.32			14,833.32			-	44,500.00		33.3%	
Engineering		6,013.63			10,000.00			(3,986.37)	30,000.00		20.0%	
Disclosure Agent		10,000.00			3,666.68			6,333.32	11,000.00		90.9%	
District Counsel		5,070.00			6,666.68			(1,596.68)	20,000.00		25.4%	
Assessment Administration		12,500.00			4,166.68			8,333.32	12,500.00		100.0%	
Reamortization Schedules		-			250.00			(250.00)	750.00		0.0%	
Audit		-			1,566.68			(1,566.68)	4,700.00		0.0%	
Arbitrage Calculation		-			333.32			(333.32)	1,000.00		0.0%	
Tax Preparation		-			16.68			(16.68)	50.00		0.0%	
Postage & Shipping		91.39			500.00			(408.61)	1,500.00		6.1%	
Legal Advertising		163.99			500.00			(336.01)	1,500.00		10.9%	
Miscellaneous		149.83			166.68			(16.85)	500.00		30.0%	
Web Site Maintenance		880.00			1,140.00			(260.00)	3,420.00		25.7%	
Dues, Licenses, and Fees		175.00			58.32			116.68	175.00		100.0%	
Wetland Maintenance Reserve		-			6,666.68			(6,666.68)	20,000.00		0.0%	
Wetlands Monitoring		-			333.32			(333.32)	1,000.00		0.0%	
Hurricane Clean Up		-			6,666.68			(6,666.68)	20,000.00		0.0%	
Stormwater Management		-			10,000.00			(10,000.00)	30,000.00		0.0%	
Stormwater Improvements		-			3,333.32			(3,333.32)	10,000.00		0.0%	
General Insurance		4,342.00			1,536.00			2,806.00	4,608.00		94.2%	
General Repair & Maintenance		-			1,666.68			(1,666.68)	5,000.00		0.0%	
Hardscape Maintenance		-			6,666.60			(6,666.60)	20,000.00		0.0%	
Total General & Administrative Expenses	$

 $		66,552.54		$

 $		90,441.00		$

 $		(23,888.46)	
$  271,323.00		24.5%	
Total Expenses		66,552.54			90,441.00			(23,888.46)	  $	-			
Net Income (Loss)	$	198,760.78		$	-		$	198,760.78		$	-