Author: TLascasas

HIGH RIDGE QUANTUM COMMUNITY DEVELOPMENT DISTRICT

PALM BEACH COUNTY Regular Board Meeting & Public hearing
JUNE 13, 2023
9:00 A.M.

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

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

AGENDA
HIGH RIDGE QUANTUM COMMUNITY DEVELOPMENT DISTRICT
Special District Services Conference Room 2501A Burns Road,
Palm Beach Gardens, FL 33410
REGULAR BOARD MEETING & PUBLIC HEARING
June 13, 2023
9:00 a.m.

Call to Order
Proof of Publication…	Page 1
Establish Quorum
Additions or Deletions to Agenda
Comments from the Public for Items Not on the Agenda
Approval of Minutes
April 11, 2023 Regular Board Meeting…	Page 2
Public Hearing
Proof of Publication…	Page 4
Receive Public Comments on Adopting Fiscal Year 2023/2024 Final Budget
Consider Resolution No. 2023-02 – Adopting Fiscal Year 2023/2024 Final Budget…	Page 5
Old Business
New Business
Consider Resolution No. 2023-03 – Adopting Fiscal Year 2023/2024 Meeting Schedule…	Page 12
Administrative Matters
Board Members Comments
Adjourn

OCALiQ
The Gainesville Sun I The Ledger oalty commercial I Ocala arBam er News Chef I Herald-Tribune
News Herald I The Pain, Beach Post NMtl1wesr Florida Oally News

PO Box 631244 Cincinnati, OH 45263-1244

HIGH RIDGE QUANTUM

PROOF OF PUBLICATION
High Ridge Qua□rum Cdd High Ridge Quantum Cdd 2501 BURNS RD
STE

PAL I BEACH G RDENS Fl 3341052 7

STATE OF FLORIDA, COUNTY OF PALM BEACH

The Palm Beach Post, a daily newspaper printed and published in the city of West Palm Beach and of general circulation in Palm Beach, Martin, Okeechobee and St Lucre Counties, Florida; and personal knowledge of the facts herein state and that the notice hereto annexed was Published in said newspapers in the issues dated or by publication on the newspaper's website, if authorized, on:

09/30/2022

and that the fees charged are legal.
Sworn to and subscribed before on 09/30/2022

y commision expires Publication Cost:	$241.02

COMMUNITY DEVELOPMENT DISTRICT
FISCAL YEAR 2022/2023 REGU-
LAR MEETING SCHEDULE NOTICE IS HEREBY GIVEN lhot
me Boord or Supervfsor5 of the High
ldge Quantum Community Devel­ opment District will hold Regular MeeHng.s ln the Conference Room of Soeclol Olstrlcl Servicei, Inc. locofed ot '2501A Burns Rood, Polm Beoch Gordens, Florfda J3Al0 at
9:00 o.m. on lhe following doles
Oclober 11. 2072
November B, 2072
December 13, 2072
Januorv 10, 2023
Februotv 14, 2013
Morch 14, 2023
April 11, 2023
Mov 9, 2023
^June ^131 ^2023
July 11, 2023
Auoust B, 2023
September 12, 2023
The purpOse of the meellngs is to conduct any ond oO buslne5S comlnv before lho Boord.
Meetings ere open lo Jhe public ond wOI be conducted ln accordance wilh the provisions ol Florido low, Copres of the Agendas lor onv of the m"etlugs mov be obtorned trom the
District's webslle. or bV contacting
the District Manager 01 1561 I 630-
4922 and/or loll free at 1 877 737•1192.2. prior to th dole of the 11a,.1icu1or meerlno.
From tim to time one or more Supe-r'vlsors niov PoniciPote bV rcJe­ phooei ther-efore o soeoker tele• Phone will be present cl the meeling locotlon so 1h01 Supervisors may be rully rntorrned of lhe di)cu5sions roklng f)loce. Mrrtrngs. rnoy be conUnued os found neces1arv to o Jlme ond place sp cilfQd on the r ord.
If onY erson df!'Cide.!i 10 oripe,ol any decision mo e wilh res ecl to oov mot rer consiClered or lhe.s,r nit-t'f­ in9s. sucn Person will ncetf o n corci or the Proceedings ond such persoo mov nae-d to Insure thot a verbatim record or tin proceedings i$ mode er his or her ow,1 exuense and which
, cord includes the lestimonv ond rvldence on which lhe oppeol Is based,

m

tn acc:ordonce with the provlsio11s of the Amerlco11s wilh Dlsobilifies Act. ony person requiring spcclot occom• modotlons or on inlernreter lo PcirHc/POte 01 o,w ot the.s meer/ngs should contaci the Ols.ldct Manager ot (561 J 630->1'"12 ondlor Joll-froo ot J- 917-737-4922 ot leost ,even
dovs Prior tc lhe dote 01 the. penicu­
lar meetfng.
Meelin9s moy be cancelled Iron, Hme fo rime without  advertised
oorlce.
HIGH RIDGE QUANTUM COMMUNITY DEVELOPMENT DISTRICT

Order No: | 7814372 | | # of Copies: | www.Mg 9.Jll/2022
Customer No: | 730460 | | 1 |
PO#: THT I,, N TA | | lC ·! | |

Jirld;equontumcdd.org

Please du 1101 11.\'I: !his form for µt1y111e111 remi11a11c-e.

Page 1 of 1

HIGH RIDGE QUANTUM COMMUNITY DEVELOPMENT DISTRICT
REGULAR BOARD MEETING APRIL 11, 2023

CALL TO ORDER

District Manager Michael McElligott called the April 11, 2023, Regular Board Meeting of the High Ridge Quantum Community Development District to order at 9:00 a.m. at the Conference Room at Special District Services, Inc, located at 2501 A Burns Road, Palm Beach Gardens, Florida, 33410

PROOF OF PUBLICATION

Mr. McElligott presented proof of publication that notice of the Regular Board Meeting had been published in The Palm Beach Post on September 30, 2022, as legally required.

ESTABLISH A QUORUM

Mr. McElligott determined that the attendance of the following Supervisors constituted a quorum, and it was in order to proceed with the meeting: Frando Patterson, Bernard Gatlin, Greg Miller, and Kelli Drum.

Staff in attendance were District Manager Michael McElligott of Special District Services, Inc.; and District Counsel Scott Cochran of Billing, Cochran, Lyles, Mauro & Ramsey, P.A.

ADDITIONS OR DELETIONS TO THE AGENDA

There were no additions or deletions to the agenda.

COMMENTS FROM THE PUBLIC FOR ITEMS NOT ON THE AGENDA

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

APPROVAL OF MINUTES
February 14, 2023, Regular Board Meeting

Mr. McElligott presented the minutes of the February 14, 2023, Regular Board Meeting and asked if there were any changes and/or corrections. There being no changes or corrections, a motion was made by Mrs. Martin, seconded by Mr. Patterson, and unanimously passed to approve the minutes of the February 14, 2023, Regular Board Meeting, as presented.

OLD BUSINESS

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

HIGH RIDGE QUANTUM COMMUNITY DEVELOPMENT DISTRICT
REGULAR BOARD MEETING APRIL 11, 2023

NEW BUSINESS

Consider Resolution No. 2023-01 – Adopting a Fiscal Year 2023/2024 Proposed Budget

Mr. McElligott presented Resolution No. 2023-01, entitled:

RESOLUTION NO. 2022-01

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE HIGH RIDGE QUANTUM COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2023/2024; AND PROVIDING AN EFFECTIVE DATE.

The Board reviewed the budget and there were a few questions answered by McElligott. After a brief discussion, a motion was made by Mrs. Martin, seconded by Mr. Patterson, and passed unanimously to adopt Resolution No. 2023-01, as presented, and set the Public Hearing for the Final Budget for June 13, 2023.

ADMINISTRATIVE MATTERS

There were no other administrative matters.

BOARD MEMBER COMMENTS

There were no comments from Members of the Board.

ADJOURNMENT

There being no further business to come before the Board, the Regular Board Meeting was adjourned at 9:09 a.m. on a motion made by Mrs. Martin, seconded by Mr. Patterson, and the motion carried 4 to 0.

Secretary/Assistant Secretary	Chair/Vice Chair

Miscellaneous Notices
Published in The Palm Beach Post on May 31, 2023 Location
Palm Beach County, Florida
Notice Text
Notice of Public Hearing and Regular Board Meeting of the High Ridge Quantum Community Development District
The Board of Supervisors of the High Ridge Quantum Community Development District
( District ) will hold a public hearing on June 13, 2023, at 9:00 a.m. in the Conference Room of The Oaks Center located at 2501A Burns Road, Palm Beach Gardens, Florida 33410 for the purpose of hearing comments and objections on the adoption of the budget of the District for Fiscal Year 2023/2024. A regular board meeting of the District will also be held at that time where the Board may consider agenda items and any other business that may properly come before it.
A copy of the agenda and budget may be obtained from the District s website www.highridgequantumcdd.org) or at the offices of the District Manager, Special District Services, located at 2501A Burns Road, Palm Beach Gardens, Florida 33410 during normal business hours.
The public hearing and meeting are open to the public and will be conducted in accordance with the provisions of Florida law for community development districts. The public hearing and meeting may be continued to a date, time, and place to be specified on the record at the meeting. There may be occasions when staff or Supervisors may participate by speaker telephone.
Any person requiring special accommodations at this meeting because of a disability or physical impairment should contact the District Office at (561) 630-4922 at least forty-eight (48) hours prior to the meeting. If you are hearing or speech impaired, please contact the Florida Relay Service at 1-800- 955-8770, for aid in contacting the District Office.
Each person who decides to appeal any decision made by the Board with respect to any matter considered at the public hearings or meeting is advised that person will need a record of proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which such appeal is to be based. Meetings may be cancelled from time to time without advertised notice.
District Manager
High Ridge Quantum Community Development District
www.highridgequantumcdd.org
May 24, 31, 2023 #8842541

RESOLUTION NO. 2023-02

A RESOLUTION OF THE HIGH RIDGE QUANTUM COMMUNITY DEVELOPMENT DISTRICT ADOPTING A FISCAL YEAR 2023/2024 BUDGET.

WHEREAS, the High Ridge Quantum Community Development District (“District”) has prepared a Proposed Budget and Final Special Assessment Roll for Fiscal Year 2023/2024 and has held a duly advertised Public Hearing to receive public comments on the Proposed Budget and Final Special Assessment Roll; and,

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

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE HIGH RIDGE QUANTUM COMMUNITY DEVELOPMENT DISTRICT THAT:

Section 1.	The Final Budget and Final Special Assessment Roll for Fiscal Year 2023/2024 attached hereto as Exhibit “A” is approved and adopted, and the assessments set forth therein shall be levied.

Section 2.	The Secretary of the District is authorized to execute any and all necessary transmittals, certifications or other acknowledgements or writings, as necessary, to comply with the intent of this Resolution.

PASSED, ADOPTED and EFFECTIVE this 13^th day of June, 2023
.

ATTEST:	HIGH RIDGE QUANTUM
COMMUNITY DEVELOPMENT DISTRICT

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

High Ridge/Quantum Community Development District

Final Budget For Fiscal Year 2023/2024
October 1, 2023 - September 30, 2024

CONTENTS

FINAL BUDGET

DETAILED FINAL BUDGET

DETAILED FINAL DEBT SERVICE FUND BUDGET

ASSESSMENT COMPARISON

FINAL BUDGET
HIGH RIDGE/QUANTUM COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2023/2024
OCTOBER 1, 2023 - SEPTEMBER 30, 2024

REVENUES | FISCAL YEAR 2023/2024 BUDGET
O & M Assessments | 55,370
'ebt Assessments | 128,71
Other Revenues | 0
nterest ncome | 240
TOTAL REVENUES | $	184,329
EXPENDITURES |
Supervisor Fees | 5,000
Payroll Taxes ((mployer) | 400
(ngineering | 1,500
Management | 22,488
Secretarial | 3,000
/egal | 7,000
Assessment Roll | 3,000
Audit Fees | 3,400
nsurance | 6,600
/egal Advertisements | 1,400
Miscellaneous | 625
Postage | 150
Office Supplies | 350
'ues & Subscriptions | 175
Trustee Fee | 3,200
Website Management | 2,000
TOTAL EXPENDITURES | $	60,288
REVENUES LESS EXPENDITURES | $	124,041
%ond Payments | (120, 6)
BALANCE | $	3,045
County Appraiser & Tax Collector Fee | (3,682)
'iscounts For (arly Payments | (7,363)
EXCESS/ (SHORTFALL) | $	(8,000)
Carryover From Prior Year | 8,000
NET EXCESS/ (SHORTFALL) | $	-

DETAILED FINAL BUDGET
HIGH RIDGE/QUANTUM COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2023/2024
OCTOBER 1, 2023 - SEPTEMBER 30, 2024

REVENUES

FISCAL YEAR 2021/2022
ACTUAL

FISCAL YEAR 2022/2023
BUDGET

FISCAL YEAR 2023/2024
BUDGET

COMMENTS

O & M Assessments | 60,343 | 57,282 | 55,370 | Expenditures Less nterest & Carryover/.94
Debt Assessments | 128,720 | 128,719 | 128,719 | Bond Payments/.94
Other Revenues | 0 | 0 | 0 |
nterest ncome | 12 | 120 | 240 | nterest ProMected At 20 Per Month
TOTAL REVENUES | $	189,075 | $	186,121 | $	184,329 |
EXPENDITURES | | | |
Supervisor Fees | 4,000 | 5,000 | 5,000 | Supervisor Fees
Payroll Taxes (Employer) | 306 | 400 | 400 | ProMected At 8 Of Supervisor Fees
Engineering | 0 | 1,500 | 1,500 | No Change From 2022/2023 Budget
Management | 21,204 | 21,840 | 22,488 | CP AdMustment (Capped At 3 )
Secretarial | 3,000 | 3,000 | 3,000 | No Change From 2022/2023 Budget
Legal | 6,326 | 7,000 | 7,000 | No Change From 2022/2023 Budget
Assessment Roll | 3,000 | 3,000 | 3,000 | As Per Contract
Audit Fees | 3,200 | 3,300 | 3,400 | Accepted Amount For 2022/2023 Audit
nsurance | 5,706 | 6,000 | 6,600 | Fiscal Year 2022/2023 Expenditure Was 6,134
Legal Advertisements | 1,478 | 1,400 | 1,400 | No Change From 2022/2023 Budget
Miscellaneous | 437 | 650 | 625 | 25 Decrease From 2022/2023 Budget
Postage | 80 | 150 | 150 | No Change From 2022/2023 Budget
Office Supplies | 336 | 350 | 350 | No Change From 2022/2023 Budget
Dues & Subscriptions | 175 | 175 | 175 | No Change From 2022/2023 Budget
Trustee Fee | 3,180 | 3,200 | 3,200 | No Change From 2022/2023 Budget
Website Management | 2,000 | 2,000 | 2,000 | No Change From 2022/2023 Budget
TOTAL EXPENDITURES | $	54,428 | $	58,965 | $	60,288 |
REVENUES LESS EXPENDITURES | $	134,647 | $	127,156 | $	124,041 |
Bond Payments | (122,660) | (120,996) | (120,996) | 2024 Principal & nterest Payments
BALANCE | $	11,987 | $	6,160 | $	3,045 |
County Appraiser & Tax Collector Fee | (1,279) | (3,720) | (3,682) | Two Percent Of Total Tax Roll
Discounts For Early Payments | (7,193) | (7,440) | (7,363) | Four Percent Of Total Tax Roll
EXCESS/ (SHORTFALL) | $	3,515 | $	(5,000) | $	(8,000) |
Carryover From Prior Year | 0 | 5,000 | 8,000 | Carryover Balance From Prior Years
NET EXCESS/ (SHORTFALL) | $	3,515 | $	- | $	- |

DETAILED FINAL DEBT SERVICE FUND BUDGET
HIGH RIDGE/QUANTUM COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2023/2024
OCTOBER 1, 2023 - SEPTEMBER 30, 2024

REVENUES | FISCAL YEAR 2021/2022 ACTUAL | FISCAL YEAR 2022/2023 BUDGET | FISCAL YEAR 2023/2024 BUDGET | COMMENTS
nterest ncome | 4 | 0 | 100 | ProMected nterest For 2023/2024
NA9 Tax Collection | 122,660 | 120,996 | 120,996 | Yearly Maximum Debt Assessment
Total Revenues | $	122,664 | $	120,996 | $	121,096 |
EXPENDITURES | | | |
Principal Payments | 90,000 | 85,000 | 90,000 | Principal Payment Due n 2024
nterest Payments | 32,130 | 28,791 | 26,586 | nterest Payments Due n 2024
Bond Redemption | 0 | 7,205 | 4,510 | Estimated Excess Debt Collections
Total Expenditures | $	122,130 | $	120,996 | $	121,096 |
Excess/ (Shortfall) | $	534 | $	- | $	- |

Series 2017 Bond Refunding Information

Original Par Amount = | $1,680,000 | Annual Principal Payments Due = | May 1st
nterest Rate = | 2.52% - 5.75% | Annual nterest Payments Due = | May 1st & November 1st
ssue Date = | January 2017 | |

Maturity Date =

Par Amount As Of 1/1/23 =

May 2035

$1,185,000

High Ridge/Quantum Community Development District Assessment Comparison

Original Projected
 Assessment*

Fiscal Year 2020/2021
 Assessment*

Fiscal Year 2021/2022
 Assessment*

Fiscal Year 2022/2023
  Assessment*

Fiscal Year 2023/2024
Projected Assessment*

O & M | $	377.48 | $	389.48 | $	389.23 | $	369.57 | $	357.23
Debt | $	957.28 | $	830.45 | $	830.45 | $	830.45 | $	830.45
Total | $ | 1,334.76 | $ | 1,219.93 | $ | 1,219.68 | $ | 1,200.02 | $ | 1,187.68

* Assessments nclude the Following 4% Discount for Early Payments
1% County Tax Collector Fee
1% County Property Appraiser Fee
Community nformation		 Total Units	155

RESOLUTION NO. 2022-03

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE HIGH RIDGE QUANTUM COMMUNITY DEVELOPMENT DISTRICT, ESTABLISHING A REGULAR MEETING SCHEDULE FOR FISCAL YEAR 2023/2024 AND SETTING THE TIME AND LOCATION OF SAID DISTRICT MEETINGS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, it is necessary for the High Ridge Quantum Community Development District ("District") to establish a regular meeting schedule for fiscal year 2023/2024; and

WHEREAS, the Board of Supervisors of the District has set a regular meeting schedule, location and time for District meetings for fiscal year 2023/2024 which is attached hereto and made a part hereof as Exhibit “A”.

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

Section 1.   The above recitals are hereby adopted.

Section 2.  The regular meeting schedule, time and location for meetings for fiscal year 2023/2024 which is attached hereto as Exhibit “A” is hereby adopted and authorized to be published.

PASSED, ADOPTED and EFFECTIVE this 13^th day of June, 2023.

ATTEST:	HIGH RIDGE QUANTUM
COMMUNITY DEVELOPMENT DISTRICT

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

HIGH RIDGE QUANTUM COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2023/2024 REGULAR MEETING SCHEDULE
NOTICE IS HEREBY GIVEN that the Board of Supervisors of the High Ridge Quantum Community Development District will hold Regular Meetings in the Conference Room of Special District Services, Inc. located at 2501A Burns Road, Palm Beach Gardens, Florida 33410 at 9:00 a.m. on the following dates:

October 10, 2023
November 7, 2023
December 12, 2023
January 19, 2024
February 13, 2024
March 12, 2024
April 9, 2024
May 14, 2024
June 11, 2024
July 9, 2024
August 13, 2024
September 10, 2024

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

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

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

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

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

HIGH RIDGE QUANTUM COMMUNITY DEVELOPMENT DISTRICT

www.highridgequantumcdd.org PUBLISH: THE PALM BEACH POST

Page

Page 

6/1/2023 1 51 PM

V

6/1/2023 1 51 PM

Page