Preston Cove Community Development District

Meeting Agenda January 22, 2026

Preston Cove
Community Development District

January 15, 2026
219 East Livingston Street, Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526

Board of Supervisors Preston Cove Community Development District
Dear Board Members:
The regular meeting of the Board of Supervisors of Preston Cove Community Development District will be held Thursday, January 22, 2026 at 9:00 AM at 8 Broadway, Suite 104, Kissimmee, Florida 34741. Following is the advance agenda for the meeting:
Roll Call
Public Comment Period
Approval of Minutes of the December 17, 2025 Board of Supervisors Meeting
Discussion Related to Status of Completion Items
Discussion of South Florida Water Management District Consent Order
Ratification of Data Sharing and Usage Agreement with Osceola County Property Appraiser
Staff Reports
Attorney
Engineer
District Manager’s Report
Check Register
Balance Sheet and Income Statement
Field Manager’s Report
Consideration of Proposal for Clubhouse Landscaping Enhancement from Blade Runners
Other Business
Supervisors Requests
Adjournment
The balance of the agenda will be discussed at the meeting. In the meantime, if you should have any questions, please do not hesitate to contact me.
Sincerely,
Jeremy LeBrun
Jeremy LeBrun District Manager

!!"#$%&
MINUTES OF MEETING PRESTON COVE
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Preston Cove Community Development District was held Wednesday, December 17, 2025, at 9:51 a.m. at 8 Broadway, Suite 104, Kissimmee, Florida.

Present and constituting a quorum:

Owais Khanani	Chairman
Paul Roth	Vice Chairman
Maria “MJ” Sanchez	Assistant Secretary Also present were:
Jeremy LeBrun	District Manager, GMS
George Flint	District Manager, GMS
Jay Lazarovich	District Counsel, Latham Luna
Shawn Hindle	District Engineer
Michael Candiotti	Developer’s Counsel
James Visconti	Elevation Development
Jarett Wright	Field Manager, GMS
Ashley Hilyard	GMS

FIRST ORDER OF BUSINESS	Roll Call
Mr. LeBrun called the meeting to order at 9:19 a.m. Three Supervisors were present constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
There being no comments, the next item followed.
December 17, 2025	Preston Cove CDD

THIRD ORDER OF BUSINESS	Organizational Matters
Administration of Oath of Office to Newly Elected Supervisors
Mr. LeBrun noted that he had administered the oath of office to Owais Khanani and Paul Roth prior to the meeting.

Consideration of Resolution 2026-01 Canvassing and Certifying the Results of the
Landowners’ Election
Mr. LeBrun stated that this resolution is canvassing and certifying the results of the landowner’s election. The results of that election are as follows; Owais Kanani received 100 votes for seat 1. Paul Roth received 100 votes for seat 2. And Loubna Kaboune received 99 votes for seat 5. Mr. Roth and Mr. Khanani will serve four-year terms and Loubna Kaboune will serve a two-year term.

Election of Officers
Mr. LeBrun stated that they have an appointment or an election of officers, they also do a resolution to put those officers in the Chair, Vice Chair, and Assistant Secretary spots.

Consideration of Resolution 2026-02 Electing Officers
Board consensus was to elect Mr. Khanani as Chairman, Mr. Roth as Vice Chairman, and the remaining three Board members as Assistant Secretaries. Mr. LeBrun asked to keep the other officers the same; Jeremy LeBrun as Assistant Secretary, Jill Burns as Treasurer, Katie Costa and Daring Mossing Sr. as Assistant Treasurers, and then George Flint as Secretary.

FOURTH ORDER OF BUSINESS	Approval of Minutes of the September 25,
2025 Board of Supervisors Meeting and Acceptance of Minutes of the November 14, 2025 Landowners’ Meeting
December 17, 2025	Preston Cove CDD

Mr. LeBrun presented the minutes from the September 25, 2025 Board of Supervisors meeting and the acceptance of the minutes of the November 14, 2025 landowners meeting. He asked for any comments, corrections, or changes. The Board had no changes to the minutes.

FIFTH ORDER OF BUSINESS	Ratification	of	Fencing	Services
Agreement with All-Rite Fence Services, LLC
Mr. LeBrun reviewed the Fencing Services Agreement with All-Rite Fence Services, LLC. Mr. Wright stated that this was for fencing that was inside the pool area going around the pool pumps and electrical stuff there so people can't get into it. There's a small area that juts out in the fence that had electrical equipment. We had that fenced off with a gate as well.

SIXTH ORDER OF BUSINESS	Staff Reports
Attorney
Mr. Lazarovich stated that two demand letters were sent out: one to the developer and one to the District engineer. They went out yesterday. We were put on notice of a couple deficiencies. Certain turnover tracts in phases one and two. We, in consultation with the District engineer, had these letters sent out. Tax exempt bonds were requisitioned for these improvements. So we believe that it was in the best interest of the District to have these sent out. Prior to the meeting, there was some discussion with the developer and engineer and there should be further discussions on how to remedy these open issues. We just wanted to bring this to the Board's attention. Other than that, just a reminder that your ethics training is due by the end of the year. You'll have to certify that in July. Mr. Flint stated that they had a very productive meeting with the developer and District engineer prior to the Board meeting and believe that they have a path forward to resolve these issues. He stated that they're going to have several follow up meetings in the next week on this.
December 17, 2025	Preston Cove CDD

Engineer
Mr. Hindle had nothing additional to report.

District Manager’s Report
Check Register
Mr. LeBrun presented the check register totaling $36,387.64 and offered to answer any Board questions. There being no questions, there was a motion of approval.

Balance Sheet and Income Statement
Mr. LeBrun presented the unaudited financials through November 30, 2025. There was no action required, and this item was presented for Board information.

Field Manager’s Report
Consideration of Proposal for Clubhouse Landscaping Enhancement from Blade Runners
Mr. Wright stated that they are finalizing the deficiency punch list with the builder for the Amenity Center. They had their crew there the week prior doing all the repairs as well as pressure washing. We'll be on site tomorrow to review everything with a planned opening date of the amenity center for Monday of next week as long as there's no major things that stand out to us. If any additional cleanings are needed, just to make the place look nice, we'll have that done on Friday and we should be ready to go for Monday. The access cards were mailed out to the residents who had applied and we still have our signage out there for any residents looking for access, they can send email off to our amenity team.
Mr. Wright stated the ADA chairlift and the fencing were installed and those have been signed off and passed inspections. We did gather some proposals for adjusting the landscaping around the amenity center. Some of it is in rough shape, some of it is not aesthetically pleasing. So we came up with an alternative for a big area that is right in front of the building, you have a big open bed that's just pine straw and it's built on a slope. Anytime it rains, that pine straw washes away and you have open areas where it's just exposed dirt. You also have a wooden gate that leads from the building there. With the gate, I would need to know what our intentions are if do we want
December 17, 2025	Preston Cove CDD

to keep it as a gate, do we want to seal it to where nobody can go in through it? Right now there's no path to get to it so it really depends on how we want to proceed there. The idea would be to change some of this landscaping out and add some rocks in, some agaves, some plants that don't need a lot of water, and remove a lot of the drip line. That's going to save you money on maintenance down the road, and it's just going to look better. Mr. Roth stated that gate is emergency access only and should be kept locked.
Mr. Wright stated we do have a couple trash cans that we had from another facility that are in good shape. We're going to bring those over and install them around the pool. We did have a question about umbrellas, is there a desire to have those on the pool deck? Right now there are none, if you want six umbrellas with base stands, you're looking at about $3,000 with installation. Mr. Roth stated if they were not in the original plan, then they don’t need to add them.

SEVENTH ORDER OF BUSINESS	Other Business
There being no comments, the next item followed.

EIGHTH ORDER OF BUSINESS	Supervisors Requests
There being no comments, the next item followed.

NINTH ORDER OF BUSINESS	Adjournment
Mr. LeBrun adjourned the meeting.

Secretary/Assistant Secretary	Chairman/Vice Chairman

!!"#$%& 5
SOUTH FLORIDA WATER MANAGEMENT DISTRICT

December 23, 2025

Owais Khanani
Elevation Preston Cove, LLC
189 S Orange Avenue Ste 1550-S Orlando, FL 32801
CERTIFIED MAIL NO. 7020 0640 0000 5303 1018

Zack Sawyer
Starlight Homes Florida, LLC
1064 Greenwood Boulevard Suite 124 Lake Mary, FL 32746
CERTIFIED MAIL NO. 7020 0640 0000 5303 1025
See Distribution List for Additional Reci ients
Delivered via email

Subject:	Sunbridge Creek Dewatering Consent Order
Enforcement Case No. 23328
Environmental Resource Permit (ERP) No.: 49-102591-P Osceola County

Dear Messrs. Khanani, Sawyer and Foradi:

As discussed with South Florida Water Management District (District) staff and Cameron Hindle
P.E. with Hanson Walter and Associates Inc. on December 17, 2025, a Consent Order (Order) settling the outstanding enforcement issues regarding the above-referenced violation is enclosed. The previous version of the Order dated June 2, 2025 had to be revised after it was issued on June 9, 2025 since ERP Application No. 251006-57759 to transfer the ERP to the Preston Cove COD and Preston Cove Homeowners Association as the perpetual operating entities of the ERP is still under review and needs to be completed. Please read the entire document and sign and print your name on the signature page. Please have a notary attest your signature as indicated and return the entire, original document to this office before January 22, 2026.

Final agency action regarding this matter will be presented to the Division Director of Regulation for finalization. A complete, executed copy will be provided for you upon execution of the Order by the District. Thank you for your cooperation in this matter.

If  you have  any questions  or  require  additional  assistance,  please  contact Ryan Higgins at 407-858-6100 x3573 or via email at rhiggins@sfwmd.gov.

Sincerely,

3301 Gun Club Road, West Palm Beach, Florida 33406 • (561) 686-8800 • 1-600-432-2045 • www.sfwmd.gov
Sunbridge Creek Dewatering Page2

Ryan Higgins Engineering Specialist Ill

eEnclosures:	Draft Consent Order (23328 CO 20251217.pdf)

c: Craig Zetwo, Hanson Walter & Associates (E-Mail)

This document is filed in the eEnforcement system under Enforcement Case Number 23328

Distribution List

Shaman Foradi Preston Cove COD 219 E Livingston Street Orlando , FL 32801
CERTIFIED MAIL NO. 7020 0640 0000 5303 1032
Delivered via email
BEFORE THE GOVERNING BOARD OF THE SOUTH FLORIDA WATER MANAGEMENT DISTRICT

SOUTH FLORIDA WATER MANAGEMENT DISTRICT,

Complainant,

V.

ELEVATION PRESTON COVE LLC, STARLIGHT HOMES FLORIDA L.L.C., and PRESTON COVE COMMUNITY DEVELOPMENT DISTRICT,

SFWMD No. 2026-		-CO-ERP
Respondents.
''
CONSENT ORDER

This Consent Order is entered into between Complainant, South Florida Water Management District ("District"), and Respondents, Elevation Preston Cove LLC ("Elevation"), Starlight Homes Florida L.L.C. ("Starlight"), and Preston Cove Community Development District ("CDD") (collectively, "Respondents"), by mutual consent, who agree as follows:
FINDINGS OF FACT

The District, a government entity created under Chapter 373, Florida Statutes, is a multipurpose water management district with its principal office located at 3301 Gun Club Road, West Palm Beach, Florida 33406.
Respondents are persons within the meaning of Section 373.019(15), Florida Statutes. Elevation's mailing address is 189 South Orange Avenue, Suite 1550,,
Orlando, Florida 32801. Starlight's mailing address is 1064 Greenwood Blvd., Suite 124, Lake Mary, Florida 32746. CDD's mailing address is 219 East Livingston Street, Orlando, Florida 32801.
The following exhibits are attached and incorporated into this Consent

Order:

Exhibit A - Location Map and Legal Description; Exhibit B - Inspection Map;
Exhibit C - Notice of Violation;

Exhibit D - Form 62-330.310(2) Request for Transfer of Environmental Resource Permit to the Perpetual Operating Entity;
Exhibit E - Notice of Rights; and Exhibit F - Notice of Consent Order.
Respondents own property within the platted development known as Preston Cove Phase 1 and 2, as recorded in Plat Book 33, Pages 80-88, in Sections 21 and 22, Township 25 South, Range 31 East; Osceola County, Florida ("Property"). The Property and its legal description are depicted in Exhibit A.
The District has jurisdiction over the Respondents, the Property, any stormwater management system, wetlands, wetland impacts, all works, and maintenance activities conducted on the Property, as provided in Chapter 373, Florida Statutes. The District also has jurisdiction over the regulation of the consumptive use of water, which includes issuing, enforcing, modifying, and revoking water use permits as provided in Chapter 373, Florida Statutes.
On April 3, 2020, the District issued Environmental Resource Permit ("ERP") No. 49-102591-P ("Permit") to Jones at Nona LLC ("Jones"), the Property owner at the time, for the construction and operation of a stormwater management ("SWM") system for a 146.69-acre residential development known as Sunbridge Creek ("Project").
General Condition No. 7 of the Permit states that the Permit must be transferred to the perpetual operation and maintenance entity within 30 days of the submittal of the as-built certification.
General Condition No. 12 of the Permit required the permittee to notify the District within 30 days of any conveyance or division of ownership or control of the Property or the SWM system, and for the Permit to be transferred to the new owner in accordance with Rule 62-330.340, Florida Administrative Code.
Special Condition No. 2 of the Permit states that the CDD is the perpetual operation and maintenance entity.
On March 30, 2021, Jones sold a portion of the Property to Elevation via a Special Warranty Deed, recorded in the Official Records of Osceola County in Book 5925, at Page 2057. Jones failed to notify the District of this conveyance within 30 days and Elevation did not become a co-permittee as required by General Condition No. 12 of the Permit.
On March 30, 2021, Jones sold another portion of the Property to Starlight via a Special Warranty Deed, recorded in the Official Records of Osceola County in Book 5925, at Page 2057. Jones again failed to notify the District of this conveyance within 30 days and Starlight did not become a co-permittee in accordance with General Condition No. 12 of the Permit.
On March 20, 2023, Jones conveyed its remaining interests in the Property to COD via a Special Warranty Deed, recorded in the Official Records of Osceola County in Book 6377, at Page 1624. Jones failed to notify the District of this conveyance within 30 days and CDD did not become a co-permittee as required by General Condition No. 12 of the Permit.
On November 14, 2023, District staff inspected the Property and observed unauthorized construction and unauthorized offsite dewatering on the portion of the Property owned by Elevation. A water quality sample of the offsite discharge revealed that the discharge  exceeded State water quality standards by 82 nephelometric turbidity units. District staff also noted the Project continuing to be constructed on the portions of the Property owned by Starlight and CDD even though the Permit had not been transferred to them. A map identifying the location of the unauthorized dewatering and water quality sample collection points is attached as Exhibit

On May 30, 2024, District staff issued an Updated Notice of Violation and In Aid of Settlement ("NOV") to Respondents for: 1) Elevation's unauthorized dewatering in violation of State Water quality standards and unauthorized construction; 2) Starlight's construction without an ERP; and 3) CDD's construction without an ERP.1 The NOV is attached as Exhibit C.

1 An initial Notice of Violation was sent on January 26, 2024. However, the Updated Notice of Violation was sent to remove D.R. Horton as they no longer retained ownership of the Property. The Updated Notice of Violation was also addressed to Jones. However, because Jones no longer owns any portion of the Property, Jones is not a party to this Consent Order.
On March 22, 2024, District staff inspected the Property and noted that the unauthorized dewatering had stopped, and the State water quality violation had been resolved.
On April 4, 2024, ERP Application No. 240404-43206 was submitted requesting to transfer the Permit in accordance with General Condition No. 12 of the Permit and add Respondent CDD as an operation entity ("Application").
On April 28, 2025, the District approved the Application and issued ERP No.

49-102591-P, to Respondents as co-permittees thereby resolving the remaining violations identified in the NOV. The Application also appointed the CDD and Preston Cove Homeowners Association Inc. ("Operating Entities") as the operating entities of the Permit.
On August 25, 2025, the District accepted the construction completion certification associated with the Project, however the operation transfer to the Operating Entities is still required.
CONCLUSIONS OF LAW

As provided in Rule 62-330.020, Florida Administrative Code, and Sections

373.413 and 373.416, Florida Statutes, the District requires permits to construct, alter, operate, or maintain stormwater management systems or: works including activities that impact wetlands. Additionally, Rule 40E-2.041, Florida Administrative Code, provides tt"1at water users are required to obtain permits prior to using or withdrawing water and they must comply with all permit conditions. The activity must not harm the District's water resources.
The District finds that Respondents violated Chapter 373, Florida Statutes, and its corresponding rules, by failing to transfer the Permit and by conducting unauthorized dewatering and construction.
The District may initiate and maintain legal action to enforce its rules, permits, and orders to protect and preserve the state's water resources in accordance with Section 373.129, 373.223, 373.224, 373.236, 373.239, 373.243, Florida Statutes. The District may recover a civil penalty for each offense in an amount not to exceed
$15,000.00 per offense. Each additional day in which a violation occurs will constitute a separate offense. The District may further recover investigative costs, court costs, and reasonable attorney's fees.
THEREFORE, having reached resolution of this matter, it is ORDERED:

ORDER

On July 26, 2024, Respondents paid the District a total of $8,000.00 in civil penalties and costs for settlement of the violations identified in this Consent Order. This amount includes $5,500.00 in civil penalties and $2,500.00 for the District's costs and attorney's fees incurred during the investigation of this matter and for preparing and tracking this Consent Order.
Within 30 days of the effective date of this Consent Order, Respondents must submit Form 62-330.310(2) to facilitate the operation transfer to the Operating Entities, in accordance with General Condition No. 7 and Special Condition No. 2. The Operation Transfer Form 62-330.310(2) is attached as Exhibit D.
Respondent agrees to pay the District stipulated penalties in the amount of

$100.00 per day for each day Respondent fails to timely comply with any of the
requirements of this Consent Order. A separate stipulated penalty shall be assessed for each violation of this Consent Order. Within 30 days of the District's written demand, Respondent must make payment of the stipulated penalties to the "South Florida Water Management District" by cashier's check or money order. The District may make demand for payment at any time after a failure to comply occurs. Nothing in this paragraph shall prevent the District from filing suit to specifically enforce any of the terms of this Consent Order. Any stipulated penalties assessed under this paragraph shall be in addition to the settlement sum agreed to in Paragraph 22 of this Consent Order. If the District is required to file a lawsuit to recover stipulated penalties under this paragraph or to enforce this Consent Order, the provisions pertaining to stipulated penalties are waived and the District is not foreclosed from seeking civil penalties of up to $15,000.00 per offense per day, costs, and attorney's fees for violations of this Consent Order.
GENERAL PROVISIONS

District representatives may enter the Property to verify compliance with this Consent Order. Respondents' failure to comply with this Consent Order shall constitute a violation of Chapter 373, Florida Statutes.
Should Respondents fail to meet the requirements set forth in this Consent Order, the District reserves the right to petition for judicial or administrative enforcement of its terms. In such event, Respondents shall not contest or deny any fact, legal conclusion, or any other matter or fact set forth in this Consent Order, including the Findings of Fact and Conclusions of Law, penalties, fees, and costs. In exchange for the District not initiating legal proceedings and by signing below, Respondents waive all rights set forth in the Notice of Rights, attached as Exhibit E.
If the District successfully petitions or sues for enforcement of this Consent Order, Respondents agree to and must pay the District's attorneys' fees, including, but not limited to, the fair market value of in-house counsel fees as if performed by outside or private counsel, court costs, and any other damages.
The District expressly reserves the right to initiate appropriate legal action to prevent or prohibit the future violation of applicable statutes or the corresponding rules, or to alleviate an immediate serious danger to the public health, safety, or welfare. If Respondents' non-compliance with this Consent Order leads to the District bringing an enforcement action, Respondents consent to receive service of process by registered mail with no signature required, delivered to Respondents' addresses.
This Consent Order shall take effect after the Respondents' and the District's (collectively, "Parties") execution, and shall remain in full force and effect until its terms and conditions are completed to the District's satisfaction.
In addition, prior to any sale, transfer, conveyance or lease of the Property, Respondent must provide a copy of this Consent Order to any prospective purchaser or successor in interest. Respondent shall provide notification to the District of the sale, transfer, or conveyance of the Property within 30 days.
Respondent, as the Property owner, consents to the District recording notice of this Consent Order in the Osceola County official records utilizing Form 62-330.090(1), Florida Administrative Code, attached as Exhibit F. The terms, conditions, covenants, and provisions of this Consent Order encumber the Property, run with the Property, and are binding upon and inure to the benefit of the Parties, their heirs, successors, and assigns, and all subsequent Property owners of the Property.
Entry of this Consent Order does not relieve Respondents of the need to comply with all applicable federal, state, and local laws, regulations, or ordinances, including District permitting requirements. This Consent Order does not give Respondents the authority to conduct any activities on the Property that are under the District's jurisdiction without first obtaining District authorization.
If any event causes delay, or reasonable likelihood of delay, in complying with the requirements or deadlines of this Consent Order, Respondent must prove that the delay was or will be caused by circumstances beyond Respondent's control. The failure of a contractor, subcontractor, materialman, or other agent who Respondent delegates to meet contractually imposed deadlines shall not be considered a cause beyond the Respondent's control.
Upon an event causing delay, or upon becoming aware of a potential for delay, Respondent must notify the District verbally within 24 hours, or by the next working day. Within 7 days of verbal notification, Respondent must notify the District in writing of the anticipated length and cause of the delay, the measures taken or to be taken to prevent or minimize the delay, and the timetable to implement these measures. If the District agrees that the delay or anticipated delay has been or will be caused by circumstances beyond Respondent's reasonable control, the time for performance may be extended for a period equal to the agreed delay. Such agreement shall be set forth in writing and include all reasonable measures necessary to avoid or minimize delay. The Respondent's failure to comply with the notice requirements in a timely manner shall constitute a waiver of Respondent's right to request an extension of time for compliance with the requirements or deadlines in this Consent Order.
In the event it is necessary for the District to initiate legal action regarding this Consent Order, such action may be initiated in the Fifteenth Judicial Circuit in Palm Beach County, Florida. The District also reserves the right to seek administrative enforcement by issuing an Administrative Complaint and Order for Corrective Action. If the District pursues administrative enforcement, any final hearing shall be located at the closest District facility to the subject Property, unless the District agrees otherwise.
DONE AND SO ORDERED in West Palm Beach, Palm Beach County, Florida, this

day of 	? 2025.

..

SOUTH FLORIDA WATER MANAGEMENT DISTRICT

Regulation Division

Jill S. Creech, P.E., Director	Date

STATE OF FLORIDA	)
COUNTY OF 	_,

The foregoing instrument was acknowledged before me by means of□physical presence or□ online notarization, this 	by 	_

Signature of Notary Public - State of Florida

Print, Type, or Stamp Commissioned Name of Notary Public

Personally Known 		OR Produced Identification Type of Identification Produced

General Counsel Concurrence

	
Maricruz R. Fincher General Counsel
Date

Legal Form Approval

	
Emily Johnson Attorney
Date
RESPONDENT - ELEVATION PRESTON COVE LLC

BY: 	
Signature

DATE: 	_

PRINT NAME: Owais Khanani

TITLE: Manager

STATE OF FLORIDA	} COUNTY OF 	}

The foregoing instrument was acknowledged before me by means of □physical presence or□online notarization, this 	by 	_

Signature of Notary Public - State of Florida

Print, Type, or Stamp Commissioned Name of Notary Public

Personally Known 		OR Produced Identification Type of Identification Produced

Owais Khanani, the manager of Elevation Preston Cove LLC, a Florida	limited liability company, on behalf of the company.
RESPONDENT - STARLIGHT HOMES FLORIDA L.L.C.,

BY: 	
Signature

DATE: 	_

PRINT NAME: Zack Sawyer

TITLE: Manager

STATE OF FLORIDA	)
COUNTY OF 	_,

The foregoing instrument was acknowledged before me by means of□physical presence or□ online notarization, this 	by 	_

Signature of Notary Public - State of Florida

Print, Type, or Stamp Commissioned Name of Notary Public

Personally Known 		OR Produced Identification Type of Identification Produced

Zack Sawyer, the manager of Starlight Homes Florida L.L.C., a Delaware limited liability company, on behalf of the company.
RESPONDENT - PRESTON COVE COMMUNITY DEVELOPMENT DISTRICT

BY: 	
Signature

DATE: 	_

PRINT NAME: Shaman Foradi

TITLE: Chairman

STATE OF FLORIDA	 ) COUNTY OF 	,}

The foregoing instrument was acknowledged before me by means of □ physical presence or□ online notarization, this 	by 	_

Signature of Notary Public - State of Florida

Print, Type, or Stamp Commissioned Name of Notary Public

Personally Known 		OR Produced Identification Type of Identification Produced

Shaman Foradi, the chairman of Preston Cove Community Development District, on behalf of the community development district.

Cost Code: 23328
.Application No.: Permit No:
Project	Name: DEWATERING

Map Date: 2025-03-06
0	1.25

SUNBRIDGE

2.5
Miles
N
A

CREEK

Exhibit No: A, Page 1 of 2
Legal Description Preston Cove Phase 1 and 2
All of Preston Cove Phase 1 and 2, according to the plat thereof, as recorded in Plat Book 30, Pages 80-88 of the public records of Osceola County, Florida, less the following:
Lots 1 through 337 and 367 through 396 inclusive.

Exhibit A, Page 2 of 2

.	South Florida Water Management District
3301 Gun Club Road, West Palm Beach, Florida 33406 561-686?800; www.sfwmd.gov
?,.,,, ,,_._

w-$-,
s
ArcGIS Web Map
0	0.07	0.14	0.21	0.28	0.35mi

0	0.15	0.3	0.45	0.6km
DISCLAIMER:
This map is a conceptual or planning tool only lhat was created using a South Florida Water Management District (SFWMD) publicly accessible web application, which allows any user to add information. graphics, and other markings. the accuracy of which has not been verified by the SFWMD. The Soulh Florida water Management District does not guarantee or make any representation regarding the information contained herein. it is not self-executing or binding, and does not affect the interests of any persons or properties, Including any present or future right or use of real property and Is exempt from public records disclosure and confidential under Section 119.071(3)(a)(1), Florida Statute.

Map Produced on Date: 11/2612024	Exhibit B. Paae 1 of 1

May 30, 2024
SOUTH FLORIDA WATER IV'JANAGEMENT DISTRICT

Owais Khanani
Elevation Preston Cove, LLC
189 S Orange Avenue, Ste 1550-S Orlando, FL 32801
CERTIFIED MAIL NO. 7013 3020 0000 9387 6733
Delivered via email

Owais Khanani Jones at Nona LLC
189 S Orange Avenue, Suite 1550
Orlando, FL 32801
CERTIFIED MAIL NO. 7013 3020 0000 9387 6696
See Distribution List for Additional Recipients

Subject:	Sunbridge Creek Dewatering
Updated Notice of Violation for Unauthorized Works, Unauthorized Dewatering and Water Quality Violation and In Aid of Settlement
Enforcement Case No. 23328
Environmental Resource Permit (ERP) No. 49-102591-P Osceola County

Dear Messrs. Khanani, Sawyer & Foradi:
As discussed with South Florida Water Management District (District) staff and Brian LeClair with Mack Contracting on November 15, 2023, and as indicated in the previous Notice of Violation (NOV) dated January 26, 2024 (enclosed), inspections conducted on November 15, 2023 and December 13, 2023 indicated that unauthorized dewatering and construction has occurred at the properties noted in the enclosed location map. Violations of State water quality standards have occurred as a result of unauthorized activities associated with the above-referenced project. This correspondence has been updated to remove D.R. Horton from the NOV.
Specifically, Rules 62-302.500 and 62-302.503, Florida Administrative Code (FAG), establish acceptable State water quality standards. The activities that are causing or have caused water quality degradation include the following:
Water Quality Violation: Elevation Preston Cove LLC has caused a violation of State water quality standards as a result of discharging turbid water, which exceeded 29 Nephelometric Turbidity Units (NTUs) above background levels;
Unauthorized Dewatering: Elevation Preston Cove LLC has conducted unauthorized dewatering which has resulted in the referenced water quality violation;
Unauthorized Construction: Elevation Preston Cove LLC, Preston Cove Community Development  District  and Starlight  Homes  Florida  LLC,  have conducted unauthorized construction on their respective properties; and
Exhibit C, Page 1 of 3

3301 Gun Club Road, West Palm Beach, Florida 33406 • (561) 686-·8800 • 1-800-432-2045 • www.sfwmd.gov
Sunbridge Creek Dewatering Page2
ERP Violation: Jones at Nona LLC, as permittee of ERP No. 49-102591-P, has violated General Condition No. 12b of the ERP by failing to notify the District in writing within 30 days of the conveyance, division of ownership ,or control of the property subject to the above referenced ERP.
As a result of this violation, the District will seek civil penalties, recovery of staff investigative costs and may require restoration of the affected area. The specific terms for resolution of this violation will be forwarded to you after your response to this Notice. The District is authorized under Section 373.129, FS, to seek civil penalties and to recover costs such as staff investigative time and attorneys fees. Based on the information available as of the date of this correspondence, District staff offers the following terms of settlement:
Pay $5,500.00 in civil penalties and $2,500.00 in staff investigative costs, for a total of $8,000.00.
Upon agreement with these settlement terms, the District will draft a Consent Order (Order) which will be forwarded to you for your signature. Once we receive your signature, the Order will be presented to the Division Director of Regulation for finalization. Once the Order is approved and executed, you will be responsible for executing the obligations detailed in the Order, including the completion of corrective actions and payment of civil penalties and costs within the time frames indicated.
Your acceptance of the above settlement terms will provide the District with assurances that you are acting in good faith and with the full intent of resolving the violation described above, in order to avoid further action by the District in seeking corrective actions and the judicial imposition of civil penalties, investigative and court costs and additional attorney's fees. The District is authorized under Section 373.129, Florida Statutes, to seek civil penalties, and to recover investigative and court costs, as well as attorneys fees. In the event that settlement is not reached under the terms provided herein, civil penalties, costs, and attorneys fees, in addition to those previously indicated in this letter, may be assessed.
If you do not respond to the District, at the address given above, within seven (7) days of receipt of this Notice, it will be assumed that there is no interest in settling this matter according to the terms described herein.
If you have any questions or require additional assistance, please contact Ryan Higgins at (407) 858-6100 x3573 or via email at rhiggins@sfwmd.gov.
Sincerely,

Natalie Cole
Administrator, Environmental Resource Bureau

eEnclosures: Location Map (49-02772-W SiteMap 20231213.PDF) Notice of Violation (23328  NOV WQ 20240126.pdf)
Photo Exhibit (WU PhotoExhibit 49-02772-W 20231214.pdD Photo Exhibit (WU - Photo Exhibit 49-02772-W 20231116.pdf) Filing a Permit Transfer (Filin a Permit Transfer)
Form 62-330.340(1) Request Transfer Permit (Form 62-330.340(1))
Sunbridge Creek Dewatering Page3
c: Craig Zetwo, Hanson Walter & Associates (E-Mail, Certified Mail - 7013 3020 0000 9387 6719)
David V Auld, DR Horton Inc (Certified Mail - 7013 3020 0000 9387 6726)

This document is filed in the eEnforcement system under Enforcement Case Number 23328
Distribution List

Zack Sawyer
Starlight Homes Florida, LLC
1064 Greenwood Boulevard, Suite 124 Lake Mary , FL 32746 ,
CERTIFIED MAIL NO. 7013 3020 0000 9387 6757

Shaman Foradi Preston Cove COD
219 E. Livingston Street Orlando, FL 32801
CERTIFIED MAIL NO. 7013 3020 0000 9387 6740
Delivered via email

Request for Transfer of Environmental Resource Permit
	to the Perpetual Operation and Maintenance Entity	
Instructions: Complete this form to transfer to the permit to the operation and maintenance entity. This form can be completed concurrently with, or within 30 days of approval ofi the As-Built Certification and Request for Conversion to Operation Phase (Form 62-330.310(1)). Please include all documentation required under Section 12.2.1(b) of Applicant's Handbook Volume I (see checklist below). Failure to submit the appropriate final documents will result in the permittee remaining liable for operation and maintenance of the permitted activities.

Permit No.: Project Name:
Application No(s): Phase (if applicable):

Request to Transfer: The permittee requests that the permit be transferred to the legal entity responsible for operation and maintenance (O&M).
By: 		_		 Signature of Permittee		 Name and Title

Company Name	Company Address

Phone/email address	City, State, Zip

Agreement for System Operation and Maintenance Responsibility: The below-named legal entity agrees to operate and maintain the works or activities in compliance with all permit conditions and provisions of Chapter 62-330, Florida Administrative Code (F.A.C.) and Applicant's Handbook Volumes I and II.

The operation and maintenance entity does not need to sign this form if it is the same entity that was approved for
 operation and maintenance in the issued permit.	

Authorization for any proposed modification to the permitted activities shall be applied for and obtained prior to conducting such modification.

By:		
Signature of Representative of O&M Entity	Name of Entity for O&M Name and Title	 Address
Email Address	City, State, Zip

Phone	Date
Enclosed are the following documents, as applicable:
D Copy of recorded transfer of title to the operating entity for the common areas on which the stormwater management system is located (unless dedicated by plat)
D Copy of all recorded plats
D Copy of recorded declaration of covenants and restrictions, amendments, and associated exhibits
D Copy of filed articles of incorporation (if filed before 1995)

D A Completed documentation that the operating entity meets the requirements of Section 12.3 of Environmental Resource Permit Applicant's Handbook Volume I. (Note: this is optional, but aids in processing of this request)

NOTICE OF RIGHTS

As required by Chapter 120, Florida Statutes, the following provides notice of the opportunities which may be available for administrative hearing pursuant to Sections 120.569 and 120.57, Florida Statutes, or judicial review pursuant to Section 120.68, Florida Statutes, when the substantial interests of a party are determined by an agency. Please note that this Notice of Rights is not intended to provide legal advice. Some of the legal proceedings detailed below may not be applicable or appropriate for your situation. You may wish to consult an attorney regarding your legal rights.
RIGHT TO REQUEST ADMINISTRATIVE HEARING
A person whose substantial interests are or may be affected by the South Florida Water Management District's (District) action has the right to request an administrative hearing on that action pursuant to Sections 120.569 and 120.57, Florida Statutes. Persons seeking a hearing on a District decision which affects or may affect their substantial interests shall file a petition for hearing in accordance with the filing instructions set forth herein within 21 days of receipt of written notice of the decision unless one of the following shorter time periods apply: (1) within 14 days of the notice of consolidated intent to grant or deny concurrently reviewed applications for environmental resource permits and use of sovereign submerged lands pursuant to Section 373.427, Florida Statutes; or (2) within 14 days of service of an Administrative Order pursuant to Section 373.119(1), Florida Statutes. "Receipt of written notice of agency decision" means receipt of written notice through mail, electronic mail, posting, or publication that the District has taken or intends to take final agency action. Any person who receives written notice of a District decision and fails to file a written request for hearing within the timeframe described above waives the right to request a hearing on that decision.

If the District takes final agency action that materially differs from the noticed intended agency decision, persons who may be substantially affected shall, unless otherwise provided by law, have an additional point of entry pursuant to Rule 28-106.111, Florida Administrative Code.

Any person to whom an emergency order is directed pursuant to Section 373.119(2), Florida Statutes, shall comply therewith immediately, but on petition to the board shall be afforded a hearing as soon as possible.

A person may file a request for an extension of time for filing a petition. The District may grant the request for good cause. Requests for extension of time must be filed with the District prior to the deadline for filing a petition for hearing. Such requests for extension shall contain a certificate that the moving party has consulted with all other parties concerning the extension and whether the District and any other parties agree to or oppose the extension. A timely request for an extension of time shall toll the running of the time period for filing a petition until the request is acted upon.

FILING INSTRUCTIONS
A petition for administrative hearing must be filed with the Office of the District Clerk. Filings with the Office of the District Clerk may be made by mail, hand-delivery, or e-mail. Filings by facsimile will not be accepted. A petition for administrative hearing or other document is deemed filed upon receipt during normal business hours by the Office of the District Clerk at the District's headquarters in West Palm Beach, Florida. The District's normal business hours are 8:00 a.m. - 5:00 p.m., excluding weekends and District holidays. Any document received by the Office of the District Clerk after 5:00 p.m. shall be deemed filed as of 8:00 a.m. on the next regular business day. Additional filing instructions are as follows:

Filings by mail must be addressed to the Office of the District Clerk, 3301 Gun Club Road, West Palm Beach, Florida 33406.
Rev. 1/16/20	1
Exhibit E, Page 1 of 2
Filings by hand-delivery must be delivered to the Office of the District Clerk. Delivery of a petition to the District's security desk does not constitute filing. It will be necessary to request that the District's security officer contact the Office of the District Clerk. An employee of the District's Clerk's office will receive and process the petition.
Filings by e-mail must be transmitted to the Office of the District Clerk at clerk@sfwmd.gov. The filing date for a document transmitted by electronic mail shall be the date the Office of the District Clerk receives the complete document.
INITIATION OF AN ADMINISTRATIVE HEARING
Pursuant to Sections 120.54(5)(b)4. and 120.569(2)(c), Florida Statutes, and Rules 28-106.201 and 28-106.301, Florida Administrative Code, initiation of an administrative hearing shall be made by written petition to the District in legible form and on 8 1/2 by 11 inch white paper. All petitions shall contain:
Identification of the action being contested, including the permit number, application number, District file number or any other District identification number, if known.
The name, address, any email address, any facsimile number, and telephone number of the petitioner, petitioner's attorney or qualified representative, if any.
An explanation of how the petitioner's substantial interests will be affected by the agency determination.
A statement of when and how the petitioner received notice of the District's decision.
A statement of all disputed issues of material fact. If there are none, the petition must so indicate.
A concise statement of the ultimate facts alleged, including the specific facts the petitioner contends warrant reversal or modification of the District's proposed action.
A statement of the specific rules or statutes the petitioner contends require reversal or modification of the District's proposed action.
If disputed issues of material fact exist, the statement must also include an explanation of how the alleged facts relate to the specific rules or statutes.
A statement of the relief sought by the petitioner, stating precisely the action the petitioner wishes the District to take with respect to the District's proposed action.
MEDIATION
The procedures for pursuing mediation are set forth in Section 120.573, Florida Statutes, and Rules 28-
106.111 and 28-106.401-.405, Florida Administrative Code. The District is not proposing mediation for this agency action under Section 120.573, Florida Statutes, at this time.

RIGHT TO SEEK JUDICIAL REVIEW
Pursuant to Section 120.68, Florida Statutes, and in accordance with Florida Rule of Appellate Procedure 9.110, a party who is adversely affected by final District action may seek judicial review of the District's final decision by filing a notice of appeal with the Office of the District Clerk in accordance with the filing instructions set forth herein within 30 days of rendition of the order to be reviewed, and by filing a copy of the notice with the appropriate district court of appeals via the Florida Courts E-Filing Portal.

Rev. 1/16/20	2
Exhibit E, Page 2 of 2

Document Prepared By:
South Florida Water Management District

Return Recorded Document To:
Regulation Division
South Florida Water Management District 3301 Gun Club Road
West Palm Beach, FL 33406 MSC 2430

SOUTH FLORIDA WATER MANAGEMENT
DISTRICT
Notice of Consent Order

RE:	Respondents:	Elevation Preston Cove LLC;
Starlight Homes Florida L.L.C., and
Preston Cove Community Development District

County:	Osceola

A Consent Order between Elevation Preston Cove LLC, Starlight Homes	Florida L.L.C., And Preston Cove Community Development District, and the South Florida Water Management	District ("SFWMD") Regulation	Division,	District Order Number SFWMD.

Notice
.
The SFWMD hereby gives notice that a Consent Order has been entered into between Elevation Preston Cove LLC, Starlight Homes Florida L.L.C., and Preston Cove Community Development District, ("Respondents") and the SFWMD pertaining to the real-property described on Exhibit 1, attached hereto and made a part hereof ("Property"). This Property is subject to the requirements and restrictions set forth in Chapter 373, Florida Statutes (FS), Title 40E, Florida Administrative Code (FAC), and the provisions of the Consent Order.

Within thirty (30) days of any transfer of interest or control of any portion of the property described in the attached Consent Order, the Respondents must notify the SFWMD in writing of the property transfer.
The Property identified in the Consent Order is subject to restoration plans or other requirements such as obtaining a permit. Purchasers are put on notice that such restoration plans or permit requirements exist. The purchasers are subject to compliance with all permitting and other requirements under Chapter 373, FS, Chapter 62.330, FAC, and Title 40E, FAC, for activities occurring on the Property.

Conflict Between Notice And Consent Order

This Notice of Consent Order may not include all of the information contained in the file of record. The entire Consent Order is available online at: www.sfwmd.gov/epermitting. select the Enforcement tab, then enter Cost Code: 23328. A paper copy can be obtained by contacting: Ryan Higgins, Engineering Specialist 3, South Florida Water Management District, 7345 Greenbriar Parkway Orlando, FL 32819, or by phone at: 407-858-6100 Ext, 3573. Provisions in this Notice of Consent Order shall not be used in interpreting the Consent Order provisions. In the event of conflict between this Notice of Consent Order and the Order itself, the Consent Order shall control.
Release

This Notice may not be released or removed from the public records without the prior written consent of the South Florida Water Management District. The contact for this release is the Director of the Environmental Resource Bureau, 3301 Gun Club Road, West Palm Beach, FL 33406.

The terms, conditions, covenants, and provisions of the Consent Order encumber the real property described on Exhibit 1, attached hereto and incorporated herein ("Property"), shall run with the Property, and shall be binding upon and inure to the benefit of the parties hereto, their heirs, successors, and assigns, and all subsequent owners of the Property.

This Notice is executed on this 		day of-----? 20	 . South Florida Water Management District
District Clerk

STATE OF 	_

COUNTY OF 	_

The foregoing instrument was acknowledged before me this 	day of 				, 20		by 			, as District Clerk of the South Florida Water Management District a public corporation, on behalf of the public corporation.	He/She is personally	known to me or has produced							as identification.

Notary Public

(seal)

Print

My Commission Expires: 	_
Exhibit 1 Legal Description Preston Cove Phase 1 and 2
All of Preston Cove Phase 1 and 2, according to the plat thereof, as recorded in Plat Book 30, Pages 80-88 of the public records of Osceola County, Florida, less the following:
Lots 1 through 337 and 367 through 396 inclusive.

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KATRINA SCARBOROUGH, CFA, CCF,	CF
OSCEOLA Cou1 TY PROPERTY APPRAISER

Preston Cove CDD
This Data Sharing And Usage Agreement, hereafter referred to as "Agreement," establishes the terms and conditions under which the Preston Cove CDD, hereafter referred to as agency, can acquire and use Osceola County Property Appraiser (OCPA} data that is exempt from Public Records disclosure as defined in FS 119.071.
Please note the referenced statute was amended as of October 1, 2021. The paragraph below reflects the changes.

The confidentiality of personal identifying and location information including: names, mailing addresses, or any other descriptive property information that may reveal identity or home address pertaining to parcels owned by individuals that have received exempt/confidential status, hereafter referred to as confidential personal identifying and location information, will be protected as follows:
The agency will not release confidential personal identifying and location information that may reveal identifying and location information of individuals exempted from Public Records disclosure.
The agency will not present the confidential personal identifying and location information in the results of data analysis (including maps} in any manner that would reveal personal identifying and location information of individuals exempted from Public Records disclosure.
The agency shall comply with all State laws and regulations governing the confidentiality of personal identifying and location information that is the subject of this Agreement.
The agency shall ensure any employee granted access to confidential personal identifying and location information is subject to the terms and conditions of this Agreement.
The agency shall ensure any third party granted access to confidentia)personal identifying and location information is subject to the terms and conditions of this Agreement. Acceptance of these terms must be provided in writing to the agency by the third party before personal identifying and location information is released.
The terms of this Agreement shall commence on January 1, 2026, and shall run until December 31, 2026, the date of signature by the parties notwithstanding. This Agreement shall not automatically renew. A new agreement will be provided annually for the following year.
IN WITNESS THEREOF, both the Osceola County Property Appraiser, through its duly authorized representative, and the agency, through its duly authorized representative, have hereunto executed this Data Sharing and Usage Agreement as of the last below written date.

OSCEOLA COUNTY PROPERTY APPRAISER

Signature: 	_ Print:	Katrina S. Scarborough
Date:	_
Preston Cove?J:CDD
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Print:	«J-<(( ""':::'\	k .&r'-"'
Title:	{)   l?lc-r'   J\t\ow.r	
Date:	1 / 1) /J.r.t,
Please return this signed original copy no later than January 31, 2026

2505 E IRLO BRONSON MEMORIAL HWY, KISSIMMEE, FL 34744	(407) 742-5000 INFO@PROPERTY-APPRAISER.ORG • PROPERTY-APPRAISER.ORG

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Preston Cove
Community Development District
Check Register Summary

December 1, 2025 to December 31, 2025

General Fund

12/17/25	207-212	$

20,683.75

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	1/14/26	PAGE	1
*** CHECK DATES 12/01/2025 - 12/31/2025 ***	PRESTON COVE-GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
12/17/25 00023 12/01/25 182216	202512 320-53800-46100	*	11,000.00
DEC LANDSCAPE MAINTENANCE
12/04/25 183152	202512 320-53800-46300	*	1,328.96
IRRIGATION REPAIR
BLADE RUNNERS COMMERCIAL	12,328.96 000207
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/17/25 00027 11/30/25 16545	202511 330-53800-46000	*	50.00
NOV25 JANITORIAL
CSS CLEAN STAR SERVICES OF CFL INC.	50.00 000208
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/17/25 00028 12/09/25 114197	202512 330-53800-34500	*	315.00
CONNECTIVITY MAINTENANCE
CURRENT DEMANDS ELECTRICAL & SECURI	315.00 000209
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
83	202512 310-51300-34000	*	3,433.33
DEC25 MANAGEMENT FEES
83	202512 310-51300-35200	*	108.17
DEC25 WEBSITE ADMIN
83	202512 310-51300-35100	*	162.25
DEC25 INFO TECH
83	202512 310-51300-31300	*	450.67
DEC25 DISSEM AGENT SRVCS
83	202512 310-51300-51000	*	.15
OFFICE SUPPLIES
83	202512 310-51300-42000	*	3.72
POSTAGE
GOVERNMENTAL MANAGEMENT SERVICES	4,158.29 000210
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/17/25 00003 12/10/25 148399	202511 310-51300-31500	*	1,301.50
GENERAL SERVICES NOV25
12/10/25 148400	202511 310-51300-31500	*	1,180.00
CONVEYANCES/REQUISITIONS

PRCO PRESTON COVE	AMOSSING

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Preston Cove
Community Development District

Unaudited Financial Reporting
December 31, 2025
Table of Contents

	Balance Sheet

	General Fund

	Debt Service Fund - Series 2022

	Capital Projects Fund - Series 2022

	Month to Month

	Long Term Debt Schedule

	Assessment Receipt Schedule
Preston Cove
Community Development District Combined Balance Sheet December 31, 2025

Assets:							
Operating Account	$	700,099	$	-	$	-	$	700,099			
Due from Developer	$	-	$	-	$	-	$	-			
Due from Debt Service	$	-	$	-	$	-	$	-			
INV - SBA	$	257,676						
Assessment Receivable	$	-	$	-	$	-	$	-			
Due from General Fund	$	-	$	351,007	$	-	$	351,007			
Prepaid Expense	$	-	$	-	$	-	$	-			
Investments:							
Series							
Reserve	$	-	$	670,238	$	-	$	670,238					
Revenue	$	-	$	46,954	$	-	$	46,954					
Capitalized Interest	$	-	$	15	$	-	$	15				
Sinking Fund	$	-	$	-	$	-	$	-				
Construction	$	-	$	-	$	59,616	$	59,616				
Cost of Issuance	$	-	$	-	$	-	$	-				
Total Assets	$	957,774	$	1,068,213	$	59,616	$	2,085,604		
Liabilities:							
Accounts Payable	$	4,563	$	-	$	-	$	4,563		
Due to Debt Service	$	351,007	$	-	$	-	$	351,007		
Due to Developer	$	-	$	-	$	-	$	-		
Due to Capital Projects	$	-	$	-	$	-	$	-		
Due to General Fund	$	-	$	-		$	-		
Developer Advance	$	-	$	-	$
$	-	$
-	-		
Total Liabilites	$	355,570	$	-	$	-	$	355,570		

Fund Balance:							
Assigned For:							
Debt Service - Series 2022	$	-	$	1,068,213	$	-	$	1,068,213		
Restricted For:							
Capital Projects - Series 2022	$	-	$	-	$	59,616	$	59,616			
Unassigned	$	602,204	$	-	$	-	$	602,204			
Total Fund Balances	$	602,204	$	1,068,213	$	59,616	$	1,730,034			
							
Total Liabilities & Fund Balance	$	957,774	$	1,068,213	$	59,616	$	2,085,604			
Preston Cove
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending December 31, 2025

Adopted	Prorated Budget	Actual		
Budget	Thru 12/31/25	Thru 12/31/25	Variance	

Revenues:					
Assessments - On Roll	$	388,556	$	362,275	$	362,275	$	-	
Assessments - Direct	$	53,573	$	26,747	$	-	$	(26,747)	
Interest - SBA	$	-	$	-	$	2,711	$	2,711	
Developer Contributions	$	243,860	$	-	$	-	$	-	
Total Revenues	$	685,989	$	389,022	$	364,986	$	(24,036)	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	3,000	$	-	$	3,000	
FICA Expense	$	918	$	230	$	-	$	230	
Engineering	$	15,000	$	3,750	$	330	$	3,420	
Attorney	$	25,000	$	6,250	$	4,639	$	1,612	
Annual Audit	$	4,300	$	4,300	$	-	$	4,300	
Assessment Administration	$	5,732	$	5,732	$	5,732	$	-	
Arbitrage	$	450	$	450	$	-	$	450	
Dissemination	$	5,408	$	1,352	$	1,352	$	(0)	
Trustee Fees	$	4,500	$	1,684	$	1,684	$	-	
Management Fees	$	41,200	$	10,300	$	10,300	$	0	
Information Technology	$	1,947	$	487	$	487	$	(0)	
Website Maintenance	$	1,298	$	324	$	325	$	(0)	
Telephone	$	300	$	75	$	-	$	75	
Postage & Delivery	$	800	$	200	$	16	$	184	
Insurance	$	6,456	$	6,456	$	6,163	$	293	
Printing & Binding	$	700	$	175	$	-	$	175	
Legal Advertising	$	8,000	$	2,000	$	476	$	1,524	
Other Current Charges	$	2,200	$	550	$	160	$	390	
Office Supplies	$	500	$	125	$	1	$	124	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total General & Administrative:	$	136,883	$	47,615	$	31,838	$	15,777	
Preston Cove
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending December 31, 2025

Adopted	Prorated Budget	Actual		
Budget	Thru 12/31/25	Thru 12/31/25	Variance	

Operation and Maintenance						
Field Expenses						
Field Management		$	16,223	$	4,056	$	2,704	$	1,352	
Landscape Maintenance		$	140,000	$	35,000	$	33,000	$	2,000	
Landscape Contingency		$	16,590	$	4,148	$	17,222	$	(13,074)	
Lake Maintenance		$	13,000	$	3,250	$	2,850	$	400	
Streetlights		$	93,900	$	23,475	$	131	$	23,344	
Electric		$	5,000	$	1,250	$	-	$	1,250	
Water & Sewer		$	3,000	$	750	$	990	$	(240)	
Sidewalk & Asphalt Maintenance		$	-	$	-	$	-	$	-	
Irrigation Repairs		$	6,000	$	1,500	$	1,329	$	171	
Irrigation - Usage		$	30,000	$	7,500	$	11,595	$	(4,095)	
General Repairs & Maintenance		$	20,000	$	5,000	$	-	$	5,000	
Contingency		$	6,273	$	1,568	$	-	$	1,568	
	Subtotal	$	349,986	$	87,497	$	69,821	$	17,675	

Amenity Expenses						
Staffing		$	75,000	$	18,750	$	-	$	18,750	
Property Insurance		$	20,000	$	20,000	$	6,930	$	13,070	
Amenity-Electric		$	15,000	$	3,750	$	-	$	3,750	
Amenity-Water		$	6,000	$	1,500	$	500	$	1,000	
Dues, License, Permits		$	500	$	125	$	-	$	125	
Cable/Internet		$	2,400	$	600	$	-	$	600	
Pest Control		$	720	$	180	$	-	$	180	
Janitorial Services		$	12,000	$	3,000	$	150	$	2,850	
Security Services		$	5,000	$	1,250	$	6,416	$	(5,166)	
Pool Maintenance		$	20,000	$	5,000	$	4,050	$	950	
Amenity Repairs & Maintenance		$	15,000	$	3,750	$	-	$	3,750	
Special Events		$	7,500	$	1,875	$	-	$	1,875	
Holiday Decorations		$	10,000	$	2,500	$	-	$	2,500	
Amenity Contingency		$	10,000	$	2,500	$	-	$	2,500	
	Subtotal	$	199,120	$	64,780	$	18,046	$	46,734	
						
Total O&M Expenses:		$	549,106	$	152,277	$	87,867	$	64,409	
						
Total Expenditures		$	685,989	$	199,891	$	119,705	$	80,186	
						
Excess Revenues (Expenditures)		$	(0)		$	245,282		
						
Fund Balance - Beginning		$	-		$	356,923		
						
Fund Balance - Ending		$	(0)		$	602,204		
Preston Cove
Community Development District Debt Service Fund - Series 2022
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending December 31, 2025

Adopted	Prorated Budget	Actual		
Budget	Thru 12/31/25	Thru 12/31/25	Variance	

Revenues:					
Assessments - On Roll	$	670,238	$	351,007	$	351,007	$	-	
Assessments - Direct	$	-	$	-	$	-	$	-	
Interest	$	15,000	$	1,250	$	7,753	$	6,503	
Total Revenues	$	685,238	$	352,257	$358,760	$	6,503	

Expenditures:					
Interest Expense 11/1	$	217,819	$	217,819	$	217,819	$	-	
Principal Expense 5/1	$	235,000	$	-	$	-	$	-	
Interest Expense 5/1	$	217,819	$	-	$	-	$	-	
Total Expenditures	$	670,639	$	217,819	$	217,819	$	-	

Other Financing Sources:					
Transfer In/(Out)	$	-	$	-	$	(5,975)	$	(5,975)	
Total Other Financing Sources (Uses)	$	-	$	-	$	(5,975)	$	(5,975)	
					
Excess Revenues (Expenditures)	$	14,599		$	134,966		
					
Fund Balance - Beginning	$	266,799		$	933,247		
					
Fund Balance - Ending	$	281,398		$	1,068,213		
Preston Cove
Community Development District Capital Projects Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending December 31, 2025

Adopted	Prorated Budget	Actual		
Budget	Thru 12/31/25	Thru 12/31/25	Variance	

Revenues:

Interest	

$	

-	$	

-	$	492	

$	492	
Total Revenues	$	-	$	-	$	492	$	492	

Expenditures:

Capital Outlay - Construction	

$	

-	$	

-	$	-	

$	-	
Total Expenditures	$	-	$	-	$	-	$	-	

Other Financing Sources:					
Transfer In/(Out)	$	-	$	-	$	5,975	$	5,975	
Total Other Financing Sources (Uses)	$	-	$	-	$	5,975	$	5,975	
					
Excess Revenues (Expenditures)	$	-	$	6,467		
					
Fund Balance - Beginning	$	-	$	53,149		
					
Fund Balance - Ending	$	-	$	59,616		
Preston Cove
Community Development District Month to Month

		Oct		Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total		
Revenues:						
Assessments-On Roll Assessments-Direct Interest - SBA
Developer Contributions	$
$
$
$		-
- 970
-	$	18,801  $	343,474  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $  362,275
$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-
$	872  $	869  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	2,711
$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-		
Total Revenues	$		970	$	19,673  $	344,344  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $  364,986		

Expenditures:						
General & Administrative:						

Supervisor Fees FICA Expense Engineering		
$	-
$	-
$	-	
$	-
$	-
$	-	
$	-
$	-
$	330	
$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-
$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-
$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	330	
Attorney Annual Audit
Assessment Administration Arbitrage
Dissemination		$	2,157
$	-
$	5,732
$	-
$	451	$	2,482
$	-
$	-
$	-
$	451	$	-
$	-
$	-
$	-
$	451	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	4,639
$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-
$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	5,732
$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-
$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	1,352	
Trustee Fees		$	1,684	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	1,684	
Management Fees		$	3,433	$	3,433	$	3,433	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	10,300	
Information Technology		$	162	$	162	$	162	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	487	
Website Maintenance Telephone
Postage & Delivery		$	108
$	-
$	6	$	108
$	-
$	6	$	108
$	-
$	4	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	325
$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-
$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	16	
Insurance
Printing & Binding Legal Advertising		$	6,163
$	-
$	196	$	-
$	-
$	279	$	-
$	-
$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	6,163
$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-
$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	476	
Other Current Charges		$	48	$	64	$	48	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	160	
Office Supplies		$	0	$	0	$	0	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	1	
Dues, Licenses & Subscriptions		$	-	$	175	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	175	
Total General & Administrative:		$	20,141	$	7,160	$	4,537	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	31,838	

Operation and Maintenance						
Field Expenses
Field Management		

$	1,352	

$	1,352	

$	-	

$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	2,704	
Landscape Maintenance		$	11,000	$	11,000	$	11,000	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	33,000	
Landscape Contingency		$	-	$	13,989	$	3,233	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	17,222	
Lake Maintenance		$	950	$	950	$	950	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	2,850	
Streetlights Electric
Water & Sewer
Sidewalk & Asphalt Maintenance Irrigation Repairs		$	131
$	-
$	226
$	-
$	-	$	-
$	-
$	286
$	-
$	-	$	-
$	-
$	479
$	-
$	1,329	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	131
$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-
$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	990
$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-
$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	1,329	
Irrigation - Usage
General Repairs & Maintenance Contingency		$	3,278
$	-
$	-	$	4,133
$	-
$	-	$	4,184
$	-
$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	11,595
$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-
$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
	Subtotal	$	16,937	$	31,709	$	21,175	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	69,821	
Preston Cove
Community Development District Month to Month

Amenity Expenses
Staffing
Property Insurance Amenity-Electric Amenity-Water
Dues, License, Permits Cable/Internet
Pest Control Janitorial Services Security
Pool Maintenance
Amenity Repairs & Maintenance Special Events
Holiday Decorations Contingency

$	-  $
$	6,930  $
$	-  $
$	159  $
$	-  $
$	-  $
$	-  $
$	50  $
$	6,101  $
$	1,350  $
$	-  $
$	-  $
$	-  $
$	-  $

-  $
-  $
-  $
169  $
-  $
-  $
-  $
50  $
-  $
1,350  $
-  $
-  $
-  $
-  $

-  $
-  $
-  $
171  $
-  $
-  $
-  $
50  $
315  $
1,350  $
-  $
-  $
-  $
-  $

-  $	-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $	-  $

-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $

-  $	-
-  $	6,930
-  $	-
-  $	500
-  $	-
-  $	-
-  $	-
-  $	150
-  $	6,416
-  $	4,050
-  $	-
-  $	-
-  $	-
-  $	-

Preston Cove
Community Development District Long Term Debt Report

Series 2022, Special Assessment Bonds

Interest Rates:	3.250%, 3.600%, 4.000%, 4.125%
Maturity Date:	5/1/2052
Reserve Fund Definition	50% of Maximum Annual Debt Service Reserve Fund Requirement		$670,238
Reserve Fund Balance	$670,238

Bonds Outstanding - 02/28/22	$11,610,000
Principal Payment - 5/1/23	($215,000)
Principal Payment - 5/1/24	($220,000)
Principal Payment - 5/1/25	($230,000)	
Current Bonds Outstanding	$10,945,000	
Preston Cove
Community Development District Special Assessment Receipts Fiscal Year 2026

ON ROLL ASSESSMENTS

Date	Distribution	Gross Amount	Discount/Penalty	Commision	Interest	Net Receipts	General Fund	Debt Service	Total	

11/3/25		
$	5,084.87	
$	-	
$	-	
$	-	
$	5,084.87	
$	5,084.87	
$	-	
$	5,084.87	
11/4/25		$	27.20	$	-	$	-	$	-	$	27.20	$	27.20	$	-	$	27.20	
11/21/25		$	27,141.66	$	-	$	-	$	-	$	27,141.66	$  13,688.81	$	13,452.85	$  27,141.66	
12/12/25		$  643,997.65	$	-	$	-	$	-	$	643,997.65	$ 324,798.08	$	319,199.57	$ 643,997.65	
12/22/25		$	37,030.61	$	-	$	-	$	-	$	37,030.61	$  18,676.27	$	18,354.34	$  37,030.61	
1/12/26		$	6,232.82	$	-	$	-	$	-	$	6,232.82	$	3,143.50	$	3,089.32	$	6,232.82	
						$	-	$	-	$	-	$	-	
	Total	$  719,514.81	$	-	$	-	$	-	$	719,514.81	$ 365,418.73	$	354,096.08	$ 719,514.81	

DIRECT BILL ASSESSMENTS

Elevation Preston Cove, LLC
2026-01		
Net Assessments	
$	341,872.69	
$  53,494.00	
$	288,378.69		
Date Received	Due Date	Check Number	Net Assessed	Amount Received	General Fund	2022 Debt Service	
11/1/25	$	26,747.00		$  26,747.00	$	-			
2/1/26	$	13,373.50		$  13,373.50	$	-			
3/1/26	$	196,097.51		$	-	$	196,097.51			
5/1/26	$	13,373.50		$  13,373.50	$	-			
9/1/26	$	92,281.18		$	-	$	92,281.18			
	$	341,872.69	$	-	$  53,494.00	$	288,378.69			

!!"#$%& "
January 22nd, 2026
Preston Cove CDD
Field Management Report

Completed Items
The amenity center was opened for public access on 12/22/2026.
Conducted multiple site reviews with site contractors to review pending issues.
Contracted Services
Landscape maintenance, and aquatics maintenance are performing as expected.
Janitorial Services have started at the amenity center.
Received proposals for landscaping enhancements around the clubhouse to improve aesthetics.
Scheduling mulch installations and fertilization treatments in February.
Scheduling propane vendor to restore services to the clubhouse.
Site Items
New French drains will need to be installed at the Preston Cove Dr entrance to reduce sidewalk ﬂooding concerns.
Playground French drain will need to be extended to the sidewalk for proper ﬂow and to reduce ﬂooding in the area.
Gathering quotes to install a rubber gym ﬂoor and ﬁtness equipment in the ﬁtness center.

Preston Cove CDD | Jarett Wright Senior Field Manager | jwright@gmscfl.com |407-750-3599

!!"#$%& I
	Proposal #207068	
Date: 12/9/2025 PO #

	CLUB HOUSE ENHACEMENT FOR PLANTS-SOD-ROCK	

	Default Group	
Property Improvements

Items	Quantity		Price	
Demo / Debris Removal / Site Prep	8.00			
Japanese Blueberry 45g	7.00			
Wax Myrtles - 7g Plant Installed - GCS	4.00			
Sweet Viburnum	15.00			
Pink Muhly 3g	32.00			
Agave 15g	3.00			
Ixora - 3g Plant Installed - GCS	36.00			
Blue Daze	120.00			
Bahia Sod (Pallet)	15.00			
Pine Straw Bale	80.00			
1 1/2" Brown River Rock (CY)	6.00			
12" Drain Basin	3.00			
4' Drain pipe	115.00			
paver gray 12x12	32.00			
Labor - Maint	120.00			
Weed Mat (Roll)	1.00	
Property Improvements:	
$26,378.79	
		PROJECT TOTAL:	$26,378.79	
	Terms & Conditions	

By	By
Jorge Ramirez
Date
12/9/2025

Blade Runners Commercial Landscaping Orlando, LLC
Date

Preston Cove CDD