HIGH RIDGE QUANTUM COMMUNITY DEVELOPMENT DISTRICT

PALM BEACH COUNTY REGULAR BOARD MEETING FEBRUARY 10, 2026
8:00 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
February 10, 2026
8:00 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
September 9, 2025 Regular Board Meeting…	Page 2
Old Business
New Business
Consider Resolution No. 2026-01 – Adopting Fiscal Year 2026/2027 Proposed Budget…	Page 5
Consider Approval of Adjustment to District Counsel Fees…	Page 12
Administrative Matters
Board Member Comments
Adjourn

LOCALiQ
The Gainesville Sun I The Ledger Daily Commercial I Ocala StarBanner News Chief I Herald-Tribune
News Herald I The Palm Beach Post Northwest Florida Daily News

PO Box 631244 Cincinnati, OH 45263-1244

AFFIDAVIT OF PUBLICATION
Laura Archer
High Ridge Quantum Cdd
2501 BURNS RD STEA
PALM BEACH GARDENS FL 334105207

STATE OF WISCONSIN, COUNTY OF BROWN

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

WPB Palm Beach Post	10/03/2025 WPB palmbeachpost.com 10/03/2025

Affiant further says that the website or newspaper complies with all legal requirements for publication in chapter 50, Florida Statutes.
Subscribed and sworn to before me, by the legal clerk, who is personally known to me, on 10/03/2025
Legal c':fll-a�
	,�		(j�
Notary, State of)NI, �c;p�1. -,
't--�-�

Publication Cost:	$236.84	
Tax Amount:	$0.00	
Payment Cost:	$236.84	
Order No:	1Hi99274	
Customer No:	730460	
PO#:		

My commission expires

# of Copies: 1

THIS IS NOT AN TNVOfCE!
Please do 1101 use thisform for payme11/ r1?mil/a11ce.

HIGH RIDGE QUANTUM COMMU• NITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026 REGULAR MEETING SCHEDULE
NOTICE IS HEREBY GIVEN that the
Board of Supervisors of the High Ridge Quantum Community Devel• opment 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 8:00 a.m. on the following dates:
October 14, 2025
November 11, 2025
December 9, 2025
January 13, 2026
February 10, 2026
March 10, 2026
April 14, 2026
May 12, 2026
June 9, 2026
July 14, 2026
August 11, 2026
September 8, 2026
The purpose of the meP.tings 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 meet-ings 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 Supervi-sors may be fully informed of the discussions taking place. Meetings may be continued as found neces-sary 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 meet-ings, such person will need a record of the proceedings and such person may need to ensure that a verbatim record of the proceedings is made at his or her own expense and which record includes the testi· mony and evidence on which the appeal is based.
In accordance with the provisions of the Americans with Disabilities
:�:o��oda�r��� �':��r\��ei&r�ii:: to participate at any of these meet-ings 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 COMMU· NITY DEVELOPMENT DISTRICT
www.hlghrldgequantumcdd.org
October 3,2025 11699274

KONGMENG YANG
Notary Public State of Wisconsin

Page 1 of 1

HIGH RIDGE QUANTUM COMMUNITY DEVELOPMENT DISTRICT
REGULAR BOARD MEETING SEPTEMBER 9, 2025

CALL TO ORDER

District Manager Michael McElligott called the September 9, 2025, Regular Board Meeting of the High Ridge Quantum Community Development District to order at 8:05
a.m. in the Conference Room of Special District Services located at 2501 A Burns Road, Palm Beach Gardens, FL, 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 24, 2024, 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, and Greg Miller.

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
May 13, 2025, Regular Board Meeting & Public Hearing
Mr. McElligott presented the minutes of the May 13, 2025, Regular Board Meeting and Public Hearing and asked if there were any changes and/or corrections. There being no changes or corrections, a motion was made by Mr. Patterson, seconded by Mr. Gatlin, and unanimously passed to approve the minutes of the May 13, 2025, Regular Board Meeting and Public Hearing, as presented.

OLD BUSINESS

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

NEW BUSINESS

HIGH RIDGE QUANTUM COMMUNITY DEVELOPMENT DISTRICT
REGULAR BOARD MEETING SEPTEMBER 9, 2025

Consider Resolution No. 2025-05 – Adopting a Fiscal Year 2024/2025 Amended Budget

Mr. McElligott presented Resolution No. 2025-05, entitled:

RESOLUTION NO. 2025-05

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE HIGH RIDGE QUANTUM COMMUNITY DEVELOPMENT DISTRICT AUTHORIZING AND ADOPTING AN AMENDED FINAL FISCAL YEAR 2024/2025 BUDGET (“AMENDED BUDGET”), PURSUANT TO CHAPTER 189, FLORIDA STATUTES; AND PROVIDING AN EFFECTIVE DATE.

There was some discussion regarding using more fund balance for carryover to reduce assessments next year. After a brief discussion, a motion was made by Mr. Patterson, seconded by Mr. Gatlin, and passed unanimously to adopt Resolution No. 2025-05, as presented.
Consider Resolution No. 2025-06 – Adopting Goals and Objectives Annual Report
Mr. McElligott presented Resolution No. 2025-06, entitled:
RESOLUTION NO. 2025-06

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE HIGH RIDGE QUANTUM COMMUNITY DEVELOPMENT DISTRICT ADOPTING AN ANNUAL REPORT OF GOALS, OBJECTIVES, AND PERFORMANCE MEASURES AND STANDARDS; PROVIDING A SERVABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

Mr. McElligott and Mr. Cochran explained that the Board needs to review and adopt an annual report on how the District did on their goals & objectives. Mr. McElligott presented the report from the meeting materials that showed the District was successful with regards to all of its goals and objectives. Once approved by the Board, the annual report will get posted to the District’s website

HIGH RIDGE QUANTUM COMMUNITY DEVELOPMENT DISTRICT
REGULAR BOARD MEETING SEPTEMBER 9, 2025

After a brief discussion among the Board, there was a motion by Mr. Patterson, with a second from Mr. Gatlin, to approve resolution No. 2025-06 – Adopting Goals & Objectives Annual Report as presented. The motion carried 3-0.

2025 Legislative Update - BCLMR

District Attorney Scott Cochran went of the Legislative Update Memo in the meeting book. He briefed the Board on various legislative changes that may affect the District and answered questions from the Board on those matters. There was no formal action required.
.
ADMINISTRATIVE MATTERS

Mr. McElligott also reminded the Board to do their Ethics Training by the end of the year and reminded the Board of the videos on the website.

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 8:18 a.m. on a motion made by Mr. Patterson, seconded by Mr. Gatlin, and the motion carried 3 to 0.

Secretary/Assistant Secretary	Chair/Vice Chair

RESOLUTION NO. 2026-01

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE HIGH RIDGE QUANTUM COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2026/2027; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Board of Supervisors (“Board”) of the High Ridge Quantum Community Development District (“District”) is required by Chapter 190.008, Florida Statutes, to approve a Proposed Budget for each fiscal year; and,

WHEREAS, the Proposed Budget including the Assessments for Fiscal Year 2026/2027 has been prepared and considered by the Board.

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

Section 1.  The Proposed Budget including the Assessments for Fiscal Year 2026/2027 attached hereto as Exhibit “A” is approved and adopted.

Section 2.  A Public Hearing is hereby scheduled for April 14, 2026 at 8:00 a.m. in the Special District Services, Inc. Conference Room, 2501A Burns Road, Palm Beach Gardens, Florida 33410, for the purpose of receiving public comments on the Proposed Fiscal Year 2026/2027 Budget.

PASSED, ADOPTED and EFFECTIVE this 10th day of February, 2026.

ATTEST:	HIGH RIDGE QUANTUM
COMMUNITY DEVELOPMENT DISTRICT

By:			By:		 Secretary/Assistant Secretary			Chairman/Vice Chairman

High Ridge/Quantum Community Development District

Proposed Budget For Fiscal Year 2026/2027
October 1, 2026 - September 30, 2027

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

DETAILED PROPOSED DEBT SERVICE FUND BUDGET

ASSESSMENT COMPARISON

PROPOSED BUDGET
HIGH RIDGE/QUANTUM COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

REVENUES	
FISCAL YEAR 2026/2027
BUDGET	
O & M Assessments	40,298	
Debt Assessments	128,719	
Other Revenues	0	
Interest Income	960	
		
TOTAL REVENUES	$	169,977	
		
EXPENDITURES		
Supervisor Fees	5,000	
Payroll Taxes (Employer)	400	
Engineering	1,500	
Management	24,480	
Secretarial	3,000	
Legal	7,000	
Assessment Roll	3,000	
Audit Fees	3,400	
Insurance	7,800	
Legal Advertisements	1,350	
Miscellaneous	500	
Postage	150	
Office Supplies	350	
Dues & Subscriptions	175	
Trustee Fee	3,200	
Website Management	2,000	
		
TOTAL EXPENDITURES	$	63,305	
		
REVENUES LESS EXPENDITURES	$	106,672	
		
Bond Payments	(120,996)	
		
BALANCE	$	(14,324)	
		
County Appraiser & Tax Collector Fee	(3,380)	
Discounts For Early Payments	(6,761)	
		
EXCESS/ (SHORTFALL)	$	(24,465)	
		
Carryover From Prior Year	24,465	
		
NET EXCESS/ (SHORTFALL)	$	-	

DETAILED PROPOSED BUDGET
HIGH RIDGE/QUANTUM COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

REVENUES	

FISCAL YEAR 2024/2025
ACTUAL	

FISCAL YEAR 2025/2026
BUDGET	

FISCAL YEAR 2026/2027
BUDGET	

COMMENTS	
O & M Assessments	52,317	46,500	40,298	Expenditures Less Interest & Carryover/.94	
Debt Assessments	128,720	128,719	128,719	Bond Payments/.94	
Other Revenues	0	0	0		
Interest Income	3,886	840	960	Interest Projected At $80 Per Month	
					
TOTAL REVENUES	$	184,923	$	176,059	$	169,977		
					
EXPENDITURES					
Supervisor Fees	2,600	5,000	5,000	Supervisor Fees	
Payroll Taxes (Employer)	199	400	400	Projected At 8% Of Supervisor Fees	
Engineering	0	1,500	1,500	No Change From 2025/2026 Budget	
Management	23,160	23,844	24,480	CPI Adjustment	
Secretarial	3,000	3,000	3,000	No Change From 2025/2026 Budget	
Legal	6,293	7,000	7,000	No Change From 2025/2026 Budget	
Assessment Roll	3,000	3,000	3,000	As Per Contract	
Audit Fees	3,200	3,300	3,400	Approved Amount For 2025/2026 Audit	
Insurance	6,858	7,400	7,800	Fiscal Year 2025/2026 Expenditure Was $7,269	
Legal Advertisements	408	1,400	1,350	$50 Decrease From 2025/2026 Budget	
Miscellaneous	291	525	500	$25 Decrease From 2025/2026 Budget	
Postage	22	150	150	No Change From 2025/2026 Budget	
Office Supplies	203	350	350	No Change From 2025/2026 Budget	
Dues & Subscriptions	175	175	175	No Change From 2025/2026 Budget	
Trustee Fee	3,180	3,200	3,200	No Change From 2025/2026 Budget	
Website Management	2,000	2,000	2,000	No Change From 2025/2026 Budget	
					
TOTAL EXPENDITURES	$	54,589	$	62,244	$	63,305		
					
REVENUES LESS EXPENDITURES	$	130,334	$	113,815	$	106,672		
					
Bond Payments	(122,782)	(120,996)	(120,996)	2027 Principal & Interest Payments	
					
BALANCE	$	7,552	$	(7,181)	$	(14,324)		
					
County Appraiser & Tax Collector Fee	(1,172)	(3,504)	(3,380)	Two Percent Of Total Tax Roll	
Discounts For Early Payments	(6,640)	(7,009)	(6,761)	Four Percent Of Total Tax Roll	
					
EXCESS/ (SHORTFALL)	$	(260)	$	(17,694)	$	(24,465)		
					
Carryover From Prior Year	0	17,694	24,465	Carryover Balance From Prior Years	
					
NET EXCESS/ (SHORTFALL)	$	(260)	$	-	$	-		

DETAILED PROPOSED DEBT SERVICE FUND BUDGET
HIGH RIDGE/QUANTUM COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

REVENUES	
FISCAL YEAR

2024/2025

ACTUAL	
FISCAL YEAR

2025/2026

BUDGET	
FISCAL YEAR

2026/2027

BUDGET	

COMMENTS	

Interest Income	
4,435	
750	
750	
Projected Interest For 2026/2027	

NAV Tax Collection	
122,782	
120,996	
120,996	
Yearly Maximum Debt Assessment	

Total Revenues	
$	127,217	
$	121,746	
$	121,746		

EXPENDITURES					

Principal Payments	
95,000	
95,000	
75,000	
Principal Payment Due In 2027	

Interest Payments	
25,452	
21,861	
44,994	
Interest Payments Due In 2027	

Bond Redemption	
0	
4,885	
1,752	
Estimated Excess Debt Collections	

Total Expenditures	
$	120,452	
$	121,746	
$	121,746		

Excess/ (Shortfall)	
$	6,765	
$	-	
$	-		

Series 2017 Bond Refunding Information

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

Par Amount As Of 1/1/26 =	May 2035

$915,000			

III

High Ridge/Quantum Community Development District Assessment Comparison

Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	
2022/2023	2023/2024	2024/2025	2025/2026	2026/2027	
 Assessment* 	 Assessment* 	 Assessment* 	Assessment*	Projected Assessment*	

O & M	$	369.57	$	357.23	$	335.00	$	300.00	$	260.00	
Debt	 $	830.45	 $	830.45	 $	830.45	 $	830.45	 $	830.45	
Total	$	1,200.02	$	1,187.68	$	1,165.45	$	1,130.45	$	1,090.45	

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

LAW Ot'FICES
BILLING©COCHRAN
ESTABLISHED 1977

KENNETH W, MORGAN, JR, MICHAEL J. PAWELCZYK MANUEL R. COMRAS ANDREW A. RIEF
JEFFERY R, LAWLEY GINGER E, WALD SCOTT C. COCHRAN
ALINE 0, MARCANTONIO JOHN C, WEBBER

STEVEN F. BILLING (!947-199B)

BILLING COCHRAN, P.A. LAS OLAS SQUARE, SUITE 600
515 EAST LAS OLAS BOULEVARD FORT LAUDERDALE, FLORIDA 33301
(954) 764-7150
(954) 764-7279 FAX

PGA NATIONAL OFFICE CENTER
300 AVENUE OF THE CHAMPIONS, SUITE 270 PALM BEACH GARDENS, FLORIDA 33418
(561) 659-5970
(561) 659-6173 FAX

CHRISTINE A. BROWN GABRIELLA A. FERNANDEZ PEREZ
MARLENE E. GONZALEZ LORI B. LEWELLEN LIZA E. SMOKER LUCAS A. WILLIAMS

OF COUNSEL: CLARK J. COCHRAN, JR.
SUSAN F. DELEGAL DENNISE. LYLES BRUCE M. RAMSEY

HAYWARD D. GAY (1943-2007)			RICHARDT,  WOULFE

WWW. BILLINGCOCHRAN.COM PLEASE REPLY TO: FORT LAUDERDALE

February 2, 2026

VIA E-MAIL ONLY- MMcElligott@sdsinc.org Mr. Michael McElligott
District Manager Special District Services The Oaks Center
2501A Burns Road
Palm Beach Gardens, FL 33410

Re:	Adjustment to District Counsel Fee Structure
High Ridge Quantum Community Development District Our File: 554.03247
Dear Michael:

This firm's current fee structure has been in place since 2023. Although we are certainly mindful of the necessity to keep increases in the District's expenses, including the cost of legal services, to a minimum, it has become necessary for us to adjust our hourly rates effective, October 1, 2026, as follows:

Attorneys/Partners:
Attorneys/ Associates:

$300.00 per hour
$250.00 per hour

This hourly fee structure will be adjusted on a periodic basis in connection with the District's budget process no later than every third Fiscal Year to reflect changes in the Consumer Price Index published by the U. S. Department of Labor.

Mr. Michael McElligott February 2, 2026
Page 2

Naturally, should you feel you have any questions or require any further information in support ofthis adjustment you should feel free to contact me at your convenience. As I think you are aware, we very much appreciate the opportunity to serve as District Counsel as well as your courtesy and cooperation with regard to the necessity of what we believe to be both infrequent and reasonable adjustments to our schedule of professional fees.
Very tr
I

MJP/jmp
cc: Brielle Barba, SDS (via email only)