MINUTES OF MEETING ROLLING OAKS COMMUNITY DEVELOPMENT DISTRICT The regular meeting of the Board of Supervisors of the Rolling Oaks Community Development District was held Thursday, May 23, 2024 at 1:00 p.m. at the Margaritaville Resort Orlando, 8000 Fins Up Circle, Kissimmee, Florida. Present and constituting a quorum were: John Chiste Chairman Jared Bouskila Vice Chairman via Zoom Peter Brown Assistant Secretary Steven Dougherty Assistant Secretary Also present were: Tricia Adams Manager Vivek Babbar Attorney via Zoom FIRST ORDER OF BUSINESS Roll Call Ms. Adams called the meeting to order and called the roll. SECOND ORDER OF BUSINESS Public Comment Period There being no comments, the next item followed. THIRD ORDER OF BUSINESS Approval of the Minutes of the March 28, 2024 Meeting On MOTION by Mr. Chiste seconded by Mr. Dougherty with all in favor the minutes of the March 28, 2024 meeting were approved as presented. FOURTH ORDER OF BUSINESS Consideration of Resolution 2024-03 Approving the Fiscal Year 2025 Proposed Budget and Setting a Public Hearing Ms. Adams stated Resolution 2024-03 approves the proposed fiscal year 2025 budget and sets the public hearing for August 22, 2024 at 1:00 p.m., authorizes staff to transmit the approved budget to the local government, post it on the district’s website and publish a notice in accordance with Florida Statutes. There is a proposed increase in assessments and that will require a mailed notice to all property owners. Ms. Adams reviewed the line items with proposed increases and the proposed increase for single family, condo, and apartments. Mr. Chiste requested that staff cut down on field expenses, remove the transfer to capital reserve and come up with a number for a developer contribution in order to keep the assessments level and eliminate a need for a mailed notice. On MOTION by Mr. Chiste seconded by Mr. Brown with all in favor Resolution 2024-03 Approving the Fiscal Year 2025 budget and Setting a Public Hearing for Final Adoption was approved as amended. FIFTH ORDER OF BUSINESS Consideration of Resolution 2024-04 Designating a Date, time and Location for the Landowners’ Election and Meeting On MOTION by Mr. Chiste seconded by Mr. Dougherty with all in favor Resolution 2024-04 designating November 21, 2024 as the landowner’ meeting date and election was approved. SIXTH ORDER OF BUSINESS Staff Reports A. Attorney Mr. Babbar stated the petition to expand the CDD boundaries was filed with the county. We are working with Supervisor Brown, they are requiring the CDD enter into an enhanced development agreement above their minimum land development codes, enhanced landscaping and road right of way improvements and things of that nature. Once we get over that hurdle, we should be able to get the county to set a hearing date. B. Engineer There being no comments, the next item followed. C. Manager i. Approval of Check Register On MOTION by Mr. Chiste seconded by Mr. Dougherty with all in favor the check register was approved. ii. Balance Sheet and Income Statement A copy of the balance sheet and income statement were included in the agenda package. iii. Presentation of Number of Registered Voters - 228 A copy of the letter from the supervisor of elections indicating that there are 228 registered voters residing in the district was included in the agenda package. iv. Reminder of Form 1 Filing Requirement Deadline July 1, 2024 Ms. Adams reminded the Board to file their Form 1’s. SEVENTH ORDER OF BUSINESS Supervisor’s Requests There being no comments, the next item followed. EIGHTH ORDER OF BUSINESS Next Meeting Date – June 27, 2024 Ms. Adams stated the next meeting will be held June 27, 2024 in the same location. NINTH ORDER OF BUSINESS Adjournment On MOTION by Mr. Chiste seconded by Mr. Brown with all in favor the meeting adjourned at 1:27 p.m. Signature - Tricia Adams Signature - John Chiste Secretary/Assistant Secretary Chairman/Vice Chairman