Magic Reserve Community Development District
3501 Quadrangle Boulevard, Suite 270, Orlando, FL 32817
Phone: 407-723-5900, Fax: 407-723-5901
www.magicreservecdd.com

The following is the agenda for the Board of Supervisors’ Meeting for the Magic Reserve Community Development District (“District”), scheduled to begin at 10:00 a.m. on October 20, 2025, at 7430 Brooklyn Dr., Kissimmee, FL 34747. If you have questions or comments on the Board Meeting, please contact the District Manager’s office at (407) 723-5900. A quorum consisting of at least three of the five Board Members will be confirmed prior to the start of the Board Meeting.
For those unable to attend in person, you may participate by telephone:
Call in number: 1-844-621-3956	Passcode: 2539 895 0958 #
BOARD OF SUPERVISORS’ MEETING AGENDA
Administrative Matters
Call to Order / Roll Call
Public Comment Period
Nomination(s) for Vacant Seat 5 (term expires 11/2026)
Consideration of the Minutes of the August 4, 2025, Board of Supervisors’ Meeting
Consideration of Resolution 2026-01, Election of officers

General Business Matters

Consideration of Resolution 2026-02, Adopting a Fiscal Year 2025 Amended O&M Budget
Consideration of Proposal for Annual Engineer’s Report (provided under separate cover)
Update on Irrigation/TOHO
Update on Speed Bumps Installation
Consideration of Maintenance Agreement between the District and the HOA
(provided under separate cover)
Consideration of Funding Request Nos. 37 & 38
Ratification of Payment Authorization Nos. 231 – 236
Review of District Financial Statements Other Business
Staff Reports
District Counsel
District Engineer
District Manager
Next Meeting- November 3, 2025
Audience Comments
Supervisors Requests

Adjournment

Nomination(s) for Vacant Seat 5 (term expires 11/2026)

Consideration of the Minutes of the August 4, 2025, Board of Supervisors’ Meeting

MINUTES OF MEETING

MAGIC RESERVE COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS’ MEETING
Monday, August 4, 2025, at 10:00 a.m.
7430 Brooklyn Dr.
Kissimmee, FL 34747			
Board Members in attendance:	
Hector Lizasuain Nayara Longaray	Chairperson Vice Chair		
Sue Legentil Royce Lopez	Assistant Secretary Assistant Secretary		
Also Present:			
Jane Gaarlandt	PFM		
Gazmin Kerr	PFM	(via phone)	
Audrey Ryan Mark Watts	PFM
Cobb Cole	(via phone) (via phone)	
Steven Boyd Yadira Casiano	Boyd Civil Engineering HOA	(via phone)	

FIRST ORDER OF BUSINESS	Administrative Matters Call to Order/Roll Call
Ms. Gaarlandt called to order the Board of Supervisors’ Meeting for the Magic Reserve Community Development District at 10:01 a.m. Roll call was taken.

Public Comment Period

There were no public comments.

Review and Acceptance of the Resignation Letter from Karen Tookuni

Ms. Gaarlandt noted this resignation is from Seat 5, with a 2026 term expiration.

On motion, by Mr. Lizasuain, seconded by, Ms. Longaray, with all in favor, the Board of Supervisors for the Magic Reserve Community Development District accepted the Resignation Letter from Karen Tookuni.

There were no nominations at this time.

Consideration of Resolution 2025- 05, Election of Officers

Ms. Gaarlandt reviewed the current slate of Officers and noted this resolution would remove Ms. Tookuni and add Mr. Lopez as Assistant Secretary.

On motion, by Mr. Lizasuain, seconded by, Ms. Legentil, with all in favor, the Board of Supervisors for the Magic Reserve Community Development District approved Resolution 2025-05, Election of Officers, with the slate of officers as amended.

Consideration of the Minutes of the June 2, 2025, Board of Supervisors’ Meeting

The Board reviewed the minutes of the June 2, 2025, Board of Supervisors’ Meeting.

On motion, by Ms. Longaray, seconded by, Ms. Legentil, with all in favor, the Board of Supervisors for the Magic Reserve Community Development District approved the Minutes of the June 2, 2025, Board of Supervisors’ Meeting.

Consideration of Resolution 2025- 06, Adopting the Annual Meeting Schedule for Fiscal Year 2025- 2026

Ms. Gaarlandt reviewed the annual meeting schedule. She noted the meeting schedule and location remain the same and can be adjusted as needed.

On motion, by Ms. Legentil, seconded by, Mr. Lopez, with all in favor, the Board of Supervisors for the Magic Reserve Community Development District approved Resolution 2025-06, Adopting the Annual Meeting Schedule for Fiscal Year 2025-2026 with meetings on the first Monday of the month at 10:00 a.m. at 7430 Brooklyn Dr. Kissimmee, FL 34747.

Consideration of Resolution 2025- 09, Adopting Goals, Objective, and Performance Measures and Standards
Ms. Gaarlandt reviewed the resolution and noted this is an annual statutory requirement. The report for the current fiscal year must be posted on the website by December first.
There was brief discussion regarding the District Engineer’s report and budget for the report. It was noted to change the report to an annual request. Mr. Boyd will provide a proposal for the annual inspection report.

On motion, by Mr. Lizasuain, seconded by, Ms. Longaray, with all in favor, the Board of Supervisors for the Magic Reserve Community Development District approved Resolution 2025-09, Adopting Goals, Objective, and Performance Measures and Standards, as amended.

SECOND ORDER OF BUSINESS	General Business Matters

Public Hearing on the Adoption of the District’s Annual Budget
Public	Comments	and Testimony
Board Comments
A. Consideration of Resolution 2025-07, Adopting the Fiscal Year 2026 Budget and Appropriating Funds
Ms. Gaarlandt noted the Public Hearing was noticed per statutory requirements.

On motion, by Mr. Lizasuain, seconded by, Ms. Longaray, with all in favor, the Board of Supervisors for the Magic Reserve Community Development District opened the Public Hearing on the Adoption of the District’s Annual Budget.

Ms. Casiano inquired about the entrance features and gate house. It was noted these expenses were transferred back to Developer control.

On motion, by Ms. Longaray, seconded by, Ms. Legentil, with all in favor, the Board of Supervisors for the Magic Reserve Community Development District closed the Public Hearing on the Adoption of the District’s Annual Budget.

Ms. Gaarlandt noted the irrigation line item has been increased for outstanding expenses.

Ms. Gaarlandt noted the budget is the same overall budget as the preliminary budget previously approved.

On motion, by Mr. Lizasuain, seconded by, Ms. Longaray, with all in favor, the Board of Supervisors for the Magic Reserve Community Development District approved Resolution 2025-07, Adopting the Fiscal Year 2026 Budget and Appropriating Funds.

Public Hearing on the Imposition of Special Assessments
Public Comments and Testimony
Board Comments
A. Consideration of Resolution	2025-08, Adopting an Assessment Roll for Fiscal Year 2026, and Certifying Special Assessments for Collection

Ms. Gaarlandt noted the Public Hearing was noticed per statutory requirements.

On motion, by Mr. Lizasuain, seconded by, Ms. Longaray, with all in favor, the Board of Supervisors for the Magic Reserve Community Development District opened the Public Hearing on the Imposition of Special Assessments.

There were no public comments. There were no Board comments.

On motion, by Ms. Longaray, seconded by, Ms. Legentil, with all in favor, the Board of Supervisors for the Magic Reserve Community Development District closed the Public Hearing on the Imposition of Special Assessments.

Ms. Gaarlandt gave an overview of the resolution and noted the assessments fund the approved budget.

There was discussion regarding the increase in the budget and assessments. It was noted the increase is primarily due to the irrigation cost.

There was also discussion regarding the landscaping that the County is supposed to be taking care of and the irrigation issues. It was noted the budget is based on the numbers used in the previous year and any leftover funds can be used for contingency.
Mr. Lizasuain discussed the CDD and HOA relationship.

There was brief discussion about the market in Osceola County and the increasing fees.

There was continued discussion regarding the increase in irrigation costs. Ms. Gaarlandt noted this will allow the District to catch up on outstanding invoices. The budget can be readjusted for the next fiscal year and remaining funds are carried forward.
Ms. Ryan noted that funds remain in a contingency account, unless an interest bearing account is requested by the Board. The Board agreed to move the funds to an interest bearing account if contingency funds become available.

On motion, by Mr. Lizasuain, seconded by, Ms. Longaray, with all in favor, the Board of Supervisors for the Magic Reserve Community Development District approved Resolution 2025-08, Adopting an Assessment Roll for Fiscal Year 2026, and Certifying Special Assessments for Collection.

Discussion/Update on Irrigation/ TOHO

Mr. Lizasuain gave an update. TOHO has reviewed all the invoices. They have offered to complete an audit to see where the high water usage is coming from. Lastly, they will investigate a well option.
There was discussion regarding building a well. Mr. Lizasuain noted TOHO would have to give the approval.

Ratification of Agreement Re: Developer	Control	of Entry/Fountain Feature and Guard House
There was discussion regarding the effective date of the agreement. Mr. Watts noted the Board can adjust the start date.
It was noted the effective date would be October 1, 2024. Mr. Watts will adjust the agreement.

On motion, by Mr. Lizasuain, seconded by, Ms. Legentil, with all in favor, the Board of Supervisors for the Magic Reserve Community Development District ratified the Agreement regarding Developer Control of Entry/Fountain Feature and Guard House, with amended effective date of October 1, 2024.

Consideration of Maintenance Agreement between the District and the HOA
This item was deferred.

Mr. Watts will follow up.

Review and Consideration of Speed Bump Installation Proposals

Ms. Gaarlandt noted this request came from the HOA due to speeding issues in the community. This is not currently in the budget.
Mr. Watts noted contingency funds could be used for this, if not needed for irrigation. Mr. Lizasuain will follow up with the County as they have to approve the installation.
There was brief discussion regarding the installation and the liability. It was noted the County will do a traffic study prior to consideration and approval.

On motion, by Ms. Longaray, seconded by, Ms. Legentil, with all in favor, the Board of Supervisors for the Magic Reserve Community Development District approved the Speed Bump Installation Proposal, with final review of funding by the Board and authorization for the Chair to execute.

Consideration	of	Funding Requests Nos. 33 – 36

On motion by Mr. Lizasuain, seconded by Ms. Legentil, with all in favor, the Board of Supervisors for the Magic Reserve Community Development District approved Funding Requests Nos. 33-36.

Ratification of Payment Authorizations Nos. 223 - 229
Ms. Gaarlandt stated these are standard District expenses.

On motion by Ms. Longaray, seconded by Mr. Lizasuain, with all in favor, the Board of Supervisors for the Magic Reserve Community Development District approved Payment Authorizations Nos. 223-229.

Review of District Financial Statements

Ms. Gaarlandt stated the financials were for information only and are as of June 30, 2025.
THIRD ORDER OF BUSINESS	Other Business Staff Reports
District Counsel –	Ms. Gaarlandt inquired about the Completion Certificate. Mr. Watts will follow up.
District Engineer –	No report.

District Manager –	Ms. Gaarlandt reminded the Board of their annual required Ethics Training due by December 31st.

Audience Comments
There were no audience comments.

Supervisors Requests

There were no supervisor requests.

FOURTH ORDER OF BUSINESS	Adjournment

On motion by Mr. Lizasuain, seconded by Ms. Longaray, with all in favor, the August 4, 2025, Meeting of the Board of Supervisors for the Magic Reserve Community Development District was adjourned at 10:52 a.m.

Secretary/Assistant Secretary	Chairman/Vice Chairman

Magic Reserve Community Development District

Consideration of Resolution 2026-01, Election of Officers

RESOLUTION 2026-01
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE MAGIC RESERVE COMMUNITY DEVELOPMENT DISTRICT ELECTING THE OFFICERS OF THE DISTRICT, AND PROVIDING FOR AN EFFECTIVE DATE

WHEREAS, the MAGIC RESERVE COMMUNITY DEVELOPMENT DISTRICT
(hereinafter the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes; and
WHEREAS, pursuant to Section 190.006(6), Florida Statutes, as soon as practicable after each election or appointment to the Board of Supervisors (the “Board”), the Board shall organize by electing one of its members as chair and by electing a secretary, and such other officers as the Board may deem necessary.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE MAGIC RESERVE COMMUNITY DEVELOPMENT	DISTRICT:

Section 1.		 is elected Chairman.
Section 2.		  is elected Vice Chairman. Section 3.	Jane Gaarlandt	 is elected Secretary.
	 is elected Assistant Secretary.
	 is elected Assistant Secretary.
	 is elected Assistant Secretary.
	Gazmin Kerr			is elected Assistant Secretary.	
Section 4.	Jennifer Glasgow			is elected Treasurer.	
Section 5.	Amanda Lane	 Rick Montejano	
Verona Griffith			is elected as Assistant Treasurer. is elected as Assistant Treasurer.
is elected as Assistant Treasurer.	
	Amy Champagne			is elected as Assistant Treasurer.	
Section 6.	All resolutions or parts of Resolutions in conflict herewith are hereby repealed to the extent of such conflict.	
Section 7.	This Resolution shall adoption.	become	effective	immediately upon its	
PASSED AND ADOPTED THIS 20TH DAY OF OCTOBER, 2025.

MAGIC RESERVE COMMUNITY DEVELOPMENT
ATTEST:	DISTRICT

Secretary/Assistant Secretary	Chairman/Vice-Chairman

Magic Reserve Community Development District

Consideration of Resolution 2026-02, Adopting a Fiscal Year 2025 Amended O&M Budget

RESOLUTION 2026-02

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE MAGIC RESERVE COMMUNITY DEVELOPMENT DISTRICT AMENDING ITS BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024 AND ENDING SEPTEMBER 30, 2025; PROVIDING FOR SEVERABILITY; PROVIDING FOR CONFLICTS; PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Board of Supervisors (the “Board”) of the Magic Reserve Community Development District (the “District”) previously adopted its budget for fiscal year 2024/2025;
WHEREAS, the Board desires to relocate funds budgeted to reflect appropriated revenues and expenses approved during the fiscal year;

WHEREAS, the District is empowered by section 189.016, Florida Statutes to adjust the budget based on actual revenues and expenses; and
WHEREAS, the District Manager has submitted a proposed amended budget to reflect appropriated revenues and expenses approved during the fiscal year 2024/2025 (the “Amended Budget”), attached hereto as Exhibit A and incorporated as a material part of this Resolution by this reference.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD AS FOLLOWS:

Recitals. The foregoing recitals are hereby incorporated as the findings of fact of the Board.
Amended Budget. The Board hereby finds and determines as follows:

That the Board has reviewed the Amended Budget, a copy of which is on the District’s website, on file with the office of the District Manager, and at the District’s Records Office.
The Amended Budget is hereby adopted and shall accordingly amend the previously adopted budget for fiscal year 2024/2025.
That the Amended Budget shall be maintained in the office of the District Manager and at the District’s Records Office and identified as the “Amended Budget for the Magic Reserve Community Development District for the Fiscal Year Beginning October 1, 2024, and Ending September 30, 2025.”

The Amended Budget shall be posted by the District Manager on the District’s official website within five (5) days after adoption and remain on the website for at least two (2) years.
Severability. If any section or part of a section of this Resolution is declared invalid or unconstitutional, the validity, force and effect of any other section or part of a section of this Resolution shall not thereby be affected or impaired unless it clearly appears that such other section or part of a section of this Resolution is wholly or necessarily dependent upon the section or part of a section so held to be invalid or unconstitutional.

Page 1 of 2

Conflicts. This Resolution is intended to supplement the original resolution adopting the budget for fiscal year 2024/2025, which remain in full force and effect. This Resolution and the original resolution shall be construed to the maximum extent possible to give full force and effect to the provisions of each resolution. All District resolutions or parts thereof in actual conflict with this Resolution are, to the extent of such conflict, superseded and repealed.

Effective Date. This Resolution shall become effective upon its adoption.
Passed and adopted this 20th day of October, 2025.

Attest:	Magic Reserve Community Development District

Assistant Secretary	Chair/ Vice Chair of the Board of Supervisors

Exhibit A:	2024/2025 Amended Budget

Page 2 of 2

Magic Reserve CDD
FY 2025 Revised Budget

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

Exhibit A

9/30/25	FY 2025		FY 2025 Revised	
Adopted Budget		Budget	

433,820.27	
429,430.00		
433,820.27	
12,492.14	-		12,492.14	
11,520.00		11,520.00	
2,816.72		2,816.72	
$460,649.13	$429,430.00		$460,649.13	

$4,040.64	

$4,100.00		

$4,050.00	
35,000.00	35,000.00		35,000.00	
1,370.00	10,000.00		2,000.00	
3,750.00	5,000.00		5,000.00	
103.57	325.00		105.00	
8,344.50	18,000.00		14,628.35	
5,000.00	5,000.00		5,000.00	
0.00	250.00		0.00	
500.00	500.00		500.00	
3,255.00	3,500.00		3,255.00	
1,093.93	2,000.00		2,000.00	
281.98	1,200.00		500.00	
2,220.00	2,580.00		2,580.00	
175.00	175.00		175.00	
169,855.78	100,000.00		169,855.78	
3,270.00	3,500.00		3,500.00	
3,996.00	4,300.00		4,000.00	
1,380.00	4,000.00		1,500.00	
116,876.50	120,000.00		117,000.00	
19,335.15	30,000.00		22,000.00	
67,840.15	80,000.00		68,000.00	
$447,688.20	$429,430.00		$460,649.13	

Magic Reserve Community Development District Proposed FY2025 Operations & Maintenance Budget

Revenues
On-Roll Assessments Interest Income
Land Lease Income
Other Income & Other Financing Sources
Net Revenues

CDD General & Administrative Expenses
Trustee Services Management Engineering Disclosure Agent Property Appraiser District Counsel
Assessment Administration Re-Amortization Schedule Arbitrage
Audit
Legal Advertising Contingency
Web Site Maintenance Dues, Licenses, and Fees Irrigation
Public Officials' Liability Insurance General Liability Insurance
Lake Maintenance HOA Maintenance
Landscaping Maintenance and Material Streetlights
 
Total Expenses

Current Year Proposed
195 Lots	Net Per Unit
Gross per Unit	$
$	2,224.72
2,366.72	
				
Prior Year Adopted
195 Lots	Net Per Unit
Gross per Unit	$
$	1,307.82
1,391.30	

Page 1 of 1

Consideration of Proposal for Annual Engineer’s Report (provided under separate cover)

Update on Irrigation/TOHO

Update on Speed Bumps Installation

Consideration of Maintenance Agreement between the District and the HOA
(provided under separate cover)

Consideration of Funding Request Nos. 37 & 38

MAGIC RESERVE

Funding Request No. 037

8/15/2025

C O M M U N I T Y D E V E L O P M E N T D I S T R I C T

Invoice No

Supplier

Invoice Date  Property

Invoice Amount

Secretary / Asst. Secretary

Chair / Vice Chairman

________________________________

________________________________

Please make check payable to:
Magic Reserve CDD
c/o PFM Group Consulting LLC 3501 Quadrangle Blvd., Suite 270
Orlando, FL 32817-8329
RyanA@pfm.com // (407) 723-5949

390-1	MAGIC VILLAGE RESORT 2 HOA (MRCDD)

08/12/2025	Magic Reserve CDD	5,444.20

Total:	5,444.20

Magic Village Resort 2 HOA	INVOICE

c/o FirstService Residential 2300 Maitland Center Parkway Ste.101
Maitland, FL 32751

Bill To	Invoice #	390	
Magic Reserve CDD	Invoice Date	08/12/2025	
Attn. Audrey Ryan			
3501 Quadrangle Blvd			

RECEIVED
By A Ryan at 1:34 pm, Aug 14, 2025

Ste.270
Orlando, FL 32817

DESCRIPTION	
AMOUNT	
Toho Water - Account # 002589694 - 033115419
July 2025	
$	13,777.53	
TOTAL	$13,777.53	

Budgeted Amount $8,333.33 FR Amount $5,444.20

	MAGIC VILLAGE 2, LLC	Account Number:	002589694-033115419	
Toho Water Authority
P.O. Box 30527
Tampa, Florida, 33630-3527 www.tohowater.com	

Service Address:
30601 REEDY CREEK BOULEVARD 6	Past Due Amount: Current Charges: Total Amount Due:	$0.00
$21,869.10
$21,869.10	
	INCH IRR			

Payment - Thank You
Balance Forward

 $-28,819.10
$0.00

Current Transaction(s) Irrigation Base Charge Irrigation Usage
Current Transaction Total

$214.10
  $21,655.00
$21,869.10

Total Amount Due

$21,869.10

Meter Number	Number of
Days	Previous Meter Reading	Current Meter Reading	Water Usage	
		Date	Reading	Date	Reading		
18001009	30	05/28/2025	163775	06/27/2025	166400	2625	

Customer Service: (8am - 5pm) 407-944-5000

Our 2024 water quality reports will be available July 1 on qrco.de/tohowaterquality.

6000
5000
4000
3000
2000
1000
0

Irrigation

AprMayJun Jul AugSepOctNovDecJanFebMarAprMayJun

Please return this portion with your payment - Do not send cash through the mail.

Toho Water Authority
P.O. Box 30527	Account Number	002589694-033115419

Past Due
Due Now	Current Charges	
Total Amount to be drafted	
	Amount Due	Due Date		
$0.00	$21,869.10	07/24/25	$21,869.10	

Tampa, Florida, 33630-3527 www.tohowater.com

DTDFTFAADTTADATATFDDTDTTAADFADDDAFDAATDFDFTDDDATAATDTTTDTDFTFFFFD
MAGIC VILLAGE 2, LLC PO BOX 34769
CHARLOTTE NC 28234-4769

0025896940331154190021869100

DO NOT PAY
YOU ARE ENROLLED IN AUTODRAFT

Ways to pay
ON OUR WEBSITE
www.tohowater.com
Payment Source
eCheck, Credit/Debit Cards
Fees
Free for eCheck and Credit/Debit*
*Using one-time payment option will incur convenience fees:
$1.25 for every $100.00 for credit/debit cards.

BY PHONE
Call 407-944-5000 for our automated payment system
Payment Source
eCheck, Credit/Debit Cards
Fees
Free for eCheck
$1.25 for every $100.00 for credit/debit cards

BY MAIL
Please remit your check or money order in advance of your due date to avoid late fees. Penalties are assessed on all accounts if payment is not received by the due date.
Please remit your payment to:
Toho Water Authority PO Box 30527
Tampa, FL 33630-3527
Payment Source
Check or Money Order

SELECT PAYMENT LOCATIONS
Amscot: No Convenience Fees MoneyGram participating locations
(Walmart, CVS, ?-Eleven and Ace Cash Express)

EMERGENCIES - For water or sewer related emergencies call our customer service call center at 407-944-5000.

Can't pay your bill?
If you are unable to pay your water bill, please visit www.tohowater.com or call us before your bill goes past due and ask us about our Payment Assistance options. Call us at 407-944-5000 or scan the QR code below.
Disconnection for nonpayment
Accounts that become delinquent will be assessed a $50 fee and are subject to possible interruption of water services. Customers must notify our call center at 407-944-5000 that the account has been paid in full.

RECONNECTION SCHEDULE
WEEKDAYS
Before 2 p.m. - Payments made before 2 p.m. will be connected the same day with no additional fee.
After 2 p.m. - Payments made after 2 p.m. to 7 p.m. will incur an additional fee of $25 for premium same day reconnection. If the $25 premium fee is declined, services will be reconnected on the next business day.

WEEKENDS AND HOLIDAYS ($25 Premium Reconnect Fee)
Any reconnection of services that occur on a weekend or holiday will incur an additional $25 premium reconnect fee. If the $25 premium fee is declined, services will be reconnected the next business day.
Same day reconnection - All payments must be made before 2 p.m. Payments after 2 p.m. services will be restored the following day.

Payment Source
Cash
eBills

Fees
$1.25

Payments after 2 p.m. Sundays/holidays - Services will be restored next business day without $25 premium reconnect fee.
Meter tampering

Go paperless by creating an online payment account on www.tohowater.com.

Metering tampering is prohibited by Florida State Law and incurs a
$300 fine for the first offense and a $500 fine for the second offense. Only Toho Water Authority representatives are permitted to access meters.

-

Plumbing Concerns?
If you	have a water, backflow or sewer concern please contact Toho before calling a plumber.
We can evaluate if the service of a plumber is necessary. If a plumber is contacted first, Toho will not assume responsibility for any incurred costs. Call us at 407-944-5000 or email
customerservice@tohowater.com.

Payment Assistance
Life happens and along with it sometimes we experience financial strains. Toho has two programs to help customers. Payment extension requests gives you more time to pay your bill. Visit www.tohowater.com to request an extension. Our Toho
Assistance Program (TAP) offers financial assistance to qualifying customers. Scan the QR code to apply.

MAGIC RESERVE

Funding Request No. 038

9/12/2025

C O M M U N I T Y D E V E L O P M E N T D I S T R I C T

Invoice No

Supplier

Invoice Date  Property

Invoice Amount

Secretary / Asst. Secretary

Chair / Vice Chairman

________________________________

________________________________

Please make check payable to:
Magic Reserve CDD
c/o PFM Group Consulting LLC 3501 Quadrangle Blvd., Suite 270
Orlando, FL 32817-8329
RyanA@pfm.com // (407) 723-5949

395-1	MAGIC VILLAGE RESORT 2 HOA (MRCDD)

09/12/2025	Magic Reserve CDD	7,113.70

Total:	7,113.70

Magic Village Resort 2 HOA	INVOICE

c/o FirstService Residential 2300 Maitland Center Parkway Ste.101
Maitland, FL 32751

Bill To	Invoice #	395	
Magic Reserve CDD	Invoice Date	09/12/2025	
Attn. Audrey Ryan			
3501 Quadrangle Blvd			
Ste.270			
Orlando, FL 32817			

DESCRIPTION	
AMOUNT	
Toho Water - Account # 002589694 - 033115419 August 2025	
$15,447.03	
TOTAL	$15,447.03	

	MAGIC VILLAGE 2, LLC	Account Number:	002589694-033115419	
Toho Water Authority
P.O. Box 30527
Tampa, Florida, 33630-3527 www.tohowater.com	

Service Address:
30601 REEDY CREEK BOULEVARD 6	Past Due Amount: Current Charges: Total Amount Due:	$0.00
$24,519.10
$24,519.10	
	INCH IRR			

Payment - Thank You
Balance Forward

 $-21,869.10
$0.00

Current Transaction(s) Irrigation Base Charge Irrigation Usage
Current Transaction Total

$214.10
  $24,305.00
$24,519.10

Total Amount Due

$24,519.10

					
Meter Number	Number of
Days	Previous Meter Reading	Current Meter Reading	Water Usage	
		Date	Reading	Date	Reading		
18001009	31	06/27/2025	166400	07/28/2025	169290	2890	

Customer Service: (8am - 5pm) 407-944-5000

Our 2024 water quality reports will be available July 1 on qrco.de/tohowaterquality.

Irrigation
6000
5000
4000
3000
2000
1000
0 MayJun Jul AugSepOctNovDecJanFebMarAprMayJun Jul

Please return this portion with your payment - Do not send cash through the mail.

Toho Water Authority
P.O. Box 30527
Tampa, Florida, 33630-3527 www.tohowater.com

Past Due
Due Now	Current Charges	
Total Amount to be drafted	
	Amount Due	Due Date		
$0.00	$24,519.10	08/22/25	$24,519.10	

Account Number	002589694-033115419

DDATFTDTADFDFTDFFAAFDFAFFDFTTAFADFADTTATTTAAAFDADTDAFFTAFDTAFDTTT
MAGIC VILLAGE 2, LLC PO BOX 34769
CHARLOTTE NC 28234-4769

DO NOT PAY
YOU ARE ENROLLED IN AUTODRAFT

0025896940331154190024519108□

Ways to pay
ON OUR WEBSITE
www.tohowater.com
Payment Source
eCheck, Credit/Debit Cards
Fees
Free for eCheck and Credit/Debit*
*Using one-time payment option will incur convenience fees:
$1.25 for every $100.00 for credit/debit cards.

BY PHONE
Call 407-944-5000 for our automated payment system
Payment Source
eCheck, Credit/Debit Cards
Fees
Free for eCheck
$1.25 for every $100.00 for credit/debit cards

BY MAIL
Please remit your check or money order in advance of your due date to avoid late fees. Penalties are assessed on all accounts if payment is not received by the due date.
Please remit your payment to:
Toho Water Authority PO Box 30527
Tampa, FL 33630-3527
Payment Source
Check or Money Order

SELECT PAYMENT LOCATIONS
Amscot: No Convenience Fees
MoneyGram participating locations
(Walmart, CVS, 7-Eleven and Ace Cash Express)
Payment Source	Fees
Cash	$1.25
eBills
Go paperless by creating an online payment account on www.tohowater.com.

EMERGENCIES ˜ For water or sewer related emergencies call our customer service call center at 407 944 5000.

Can’t pay your bill?
If you are unable to pay your water bill, please visit www.tohowater.com or call us before your bill goes past due and ask us about our Payment Assistance options. Call us at 407-944-5000 or scan the QR code below.
Disconnection for nonpayment
Accounts that become delinquent will be assessed a $50 fee and are subject to possible interruption of water services. Customers must notify our call center at 407-944-5000 that the account has been paid in full.
RECONNECTION SCHEDULE
WEEKDAYS
Before 2 p.m. - Payments made before 2 p.m. will be connected the same day with no additional fee.
After 2 p.m. - Payments made after 2 p.m. to 7 p.m. will incur an additional fee of $25 for premium same day reconnection. If the $25 premium fee is declined, services will be reconnected on the next business day.
WEEKENDS AND HOLIDAYS ˜$25 Premium Reconnect Fee°
Any reconnection of services that occur on a weekend or holiday will incur an additional $25 premium reconnect fee. If the $25 premium fee is declined, services will be reconnected the next business day.
Same day reconnection - All payments must be made before 2 p.m. Payments after 2 p.m. services will be restored the following day.
Payments after 2 p.m. Sundays/holidays - Services will be restored next business day without $25 premium reconnect fee.
Meter tampering
Metering tampering is prohibited by Florida State Law and incurs a
$300 fine for the first offense and a $500 fine for the second offense. Only Toho Water Authority representatives are permitted to access meters.

Payment Assistance
Life happens and along with it sometimes we experience financial strains. Toho has two programs to help customers. Payment extension requests gives you more time to pay your bill. Visit www.tohowater.com to request an extension. Our Toho
Assistance Program (TAP) offers financial assistance to qualifying customers. Scan the QR code to apply.	Plumbing Concerns?
If you have a water, backflow or sewer concern please contact Toho before calling a plumber.
We can evaluate if the service of a plumber is necessary. If a plumber is contacted first, Toho will not assume responsibility for any incurred costs. Call us at 407-944-5000 or email customerservice@tohowater.com.	

Magic Reserve Community Development District

Ratification of Payment Authorization Nos. 231 – 236

Payment Authorization 231 7/21/2025

Invoice No	Supplier	Invoice Date	Property		Invoice Amount	
87052-071425	DUKE ENERGY (MRCDD)	07/14/2025	Magic Reserve COD		4,125.72	
384	MAGIC VILLAGE RESORT 2 HOA (MRCDD)	07/11/2025	Magic Reserve COD		8,333.34	
385	MAGIC VILLAGE RESORT 2 HOA (MRCDD)	07/11/2025	Magic Reserve COD		68.39	
388	MAGIC VILLAGE RESORT 2 HOA (MRCDD)	07/11/2025	Magic Reserve COD		1,877.38	
389	MAGIC VILLAGE RESORT 2 HOA (MRCDD)	07/11/2024	Magic Reserve COD		90.00	
2025-38759	OSCEOLA NEWS GAZETTE (MRCDD)	07/17/2025	Magic Reserve COD		792.45	
				Total:	15,287.28	

Secretary / Asst. Secretary	Chair I	ice Chairman

Payment Authorization 232 8/8/2025

Invoice No	Supplier	Invoice Date	Property		Invoice Amount	
112412	AQUATIC WEED CONTROL, INC. (MRCDD)	08/01/2025	Magic Reserve COD		115.00	
69272	COBB COLE (MRCDD)	08/04/2025	Magic Reserve COD		38.00	
39953-072325	DUKEENERGY(MRCD�	07/23/2025	Magic Reserve COD		1,503.33	
OE-EXP-08-2025-18	PFM GROUP CONSULTING LLC (MRCDD)	08/07/2025	Magic Reserve COD		152.94	
				Total:	1,809.27	

Secretary I Asst. Secretary	Chair/ v;ce Chairman

Payment Authorization 233
8/15/2025

Invoice No	Supplier	Invoice Date	Property		Invoice Amount	
87052-081325	DUKE ENERGY (MRCDD)	08/13/2025	Magic Reserve COD		4,125.95	
390	MAGIC VILLAGE RESORT 2 HOA (MRCDD)	08/12/2025	Magic Reserve COD		8,333.33	
391	MAGIC VILLAGE RESORT 2 HOA (MRCDD)	08/12/2025	Magic Reserve COD		73.64	
394	MAGIC VILLAGE RESORT 2 HOA (MRCDD)	08/12/2025	Magic Reserve COD		1,877.38	
DM-08-2025-36	PFM GROUP CONSULTING LLC (MRCDD)	08/08/2025	Magic Reserve COD		2,916.67	
				Total:	17,326.97	

Secretary I Asst. Secretary

Payment Authorization 234
8/22/2025

Invoice No	Supplier	Invoice Date  Property

Invoice Amount

Chair tv0Chairman

39953-082225	DUKE ENERGY (MRCDD)

Secretary I Asst. Secretary

08/22/2025	Magic Reserve COD

1,503.56
Total:	1,503.56

Payment Authorization 235 8/29/2025

Invoice No

7615

Supplier

VGLOBALTECH (MRCDD)

Secretary/ Asst. Secretary

Invoice Date  Property

08/02/2025	Magic Reserve COD

Invoice Amount
110.00
Total:	110.00

Payment Authorization 236 9/5/2025

Invoice No	Supplier	Invoice Date	Property		Invoice Amount	
113457	AQUATIC WEED CONTROL, INC. (MRCDD)	09/01/2025	Magic Reserve COD		115.00	
4493	BOYD ENGINEERING, INC. (MRCDD)	09/03/2025	Magic Reserve COD		260.00	
137708	PFM GROUP CONSULTING LLC (MRCDD)	08/11/2025	Magic Reserve CDD		112.86	
7700	VGLOBALTECH (MRCDD)	09/02/2025	Magic Reserve COD		110.00	
				Total:	597.86	

Secretary I Asst. Secretary	Chair�	Chairman

Magic Reserve Community Development District

Review of District Financial Statements

Magic Reserve CDD
September 2025 Financial Package

September 30, 2025

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

Statement of Financial Position As of 9/30/2025

General Fund	Debt Service	Capital Projects	Long Term	Total	
	Fund	Fund	Debt Group		

	Assets		
Current Assets			
General Checking Account	$	241,569.89					$	241,569.89	
Prepaid Expenses	8,538.71					8,538.71	
Deposits	2,995.00					2,995.00	
Debt Service Reserve Series 2016		$	343,825.00				343,825.00	
Revenue Series 2016		415,121.19				415,121.19	
Acquisition/Construction Series 2016	
			$	5,806.40		5,806.40	
Total Current Assets	$	253,103.60	$	758,946.19		$	5,806.40		$	-	$ 1,017,856.19	

Investments
Amount Available in Debt Service Funds		$	758,946.19		$	758,946.19	
Amount To Be Provided		3,761,053.81		3,761,053.81	
Total Investments	$			
-	$	-	$	-	$ 4,520,000.00		$ 4,520,000.00	

Total Assets	$	253,103.60		$	758,946.19		$	5,806.40		$ 4,520,000.00		$ 5,537,856.19	

Liabilities and Net Assets		
Current Liabilities
Accounts Payable	

$	210,375.27	

$	210,375.27	
Due To Other Governmental Units	22,735.49	22,735.49	
Total Current Liabilities	$	233,110.76		$	-		$	-		$	-		$	233,110.76	

Long Term Liabilities
Revenue Bonds Payable - Long-Term		$ 4,520,000.00		$ 4,520,000.00	
Total Long Term Liabilities	$			
-	$	-	$	-	$ 4,520,000.00		$ 4,520,000.00	

Total Liabilities	$	233,110.76	$	-	$	-	$ 4,520,000.00	$ 4,753,110.76

Net Assets
Net Assets, Unrestricted	$	(10,190.29)						$	(10,190.29)	
Current Year Net Assets, Unrestricted	11,520.00						11,520.00	
Net Assets - General Government	17,222.20						17,222.20	
Current Year Net Assets - General Government	1,440.93						1,440.93	
Net Assets, Unrestricted			$	730,318.28				730,318.28	
Current Year Net Assets, Unrestricted			28,627.91				28,627.91	
Net Assets, Unrestricted					$	200,780.62		200,780.62	
Current Year Net Assets, Unrestricted					225.78		225.78	
Net Assets - General Government					(195,200.00)		(195,200.00)	
Total Net Assets	$	19,992.84		$	758,946.19		$	5,806.40		 
$	-	$	784,745.43	

Total Liabilities and Net Assets	$	253,103.60	$	758,946.19	$	5,806.40	$ 4,520,000.00	$ 5,537,856.19

Page 1 of 3

Statement of Activities As of 9/30/2025

	General Fund		Debt Service Fund		Capital Projects Fund		Long Term Debt Group			Total	

Revenues												
On-Roll Assessments	$	433,820.27									$	433,820.27	
Land Lease Income	11,520.00										11,520.00	
Other Income & Other Financing Sources	2,816.72										2,816.72	
On-Roll Assessments			$	338,729.66								338,729.66	
Other Income & Other Financing Sources			2,199.31								2,199.31	
Total Revenues	$	448,156.99		$	340,928.97		$			$	-		$	789,085.96	
Expenses												
Public Officials Insurance	$	3,270.00									$	3,270.00	
Trustee Services	4,040.64										4,040.64	
Management	35,000.00										35,000.00	
Engineering	1,370.00										1,370.00	
Disclosure Agent	3,750.00										3,750.00	
Property Appraiser	103.57										103.57	
District Counsel	8,344.50										8,344.50	
Assessment Administration	5,000.00										5,000.00	
Audit	3,255.00										3,255.00	
Arbitrage Calculation	500.00										500.00	
Legal Advertising	1,093.93										1,093.93	
Contingency	281.98										281.98	
Web Site Maintenance	2,220.00										2,220.00	
Dues, Licenses, and Fees	175.00										175.00	
Irrigation	169,855.78										169,855.78	
Property & Casualty	3,996.00										3,996.00	
General Repair & Maintenance	116,876.50										116,876.50	
Lake Maintenance	1,380.00										1,380.00	
Landscaping Maintenance & Material	19,335.15										19,335.15	
Streetlights	67,840.15										67,840.15	
Principal Payment			$	105,000.00								105,000.00	
Interest Payments			235,868.76								235,868.76	
Total Expenses	$	447,688.20		$	340,868.76		$			$	-		$	788,556.96	
Other Revenues (Expenses) & Gains (Losses)												
Interest Income	$	12,492.14									$	12,492.14	
Interest Income			$	28,567.70					28,567.70	
Interest Income					$	225.78					225.78	
Total Other Revenues (Expenses) & Gains (Losses)	$	12,492.14		$	28,567.70		$	225.78		$	-		$	41,285.62	
Change In Net Assets	$	12,960.93		$	28,627.91		$	225.78		$	-		$	41,814.62	

Net Assets At Beginning Of Year	
$	7,031.91		
$	730,318.28		
$	5,580.62		
$	-		
$	
742,930.81	

Net Assets At End Of Year	

$	19,992.84		

$	758,946.19		

$	5,806.40		

$	-		

$	

784,745.43	

-

-

Page 2 of 3

Magic Reserve CDD
Budget to Actual
For the month ending 09/30/2025	

YTD Actual		

YTD Budget		

YTD Variance		
FY 2025
Adopted Budget		

Percentage	
Revenues
On-Roll Assessments Interest Income
Land Lease Income
Other Income & Other Financing Sources
Net Revenues	

$  433,820.27
12,492.14
11,520.00
2,816.72

$  460,649.13		

$ 429,430.00
-
-
-

$ 429,430.00		

$	4,390.27
12,492.14
11,520.00
2,816.72

$	31,219.13		

$	429,430.00
-
-
-

$	429,430.00		

101.02%
0.00%
0.00%
0.00%

107.27%	
General & Administrative Expenses
Trustee Services
District Management Fees Engineering Fees Disclosure Agent
Property Appraiser District Counsel
Assessment Administration Re-Amortization Schedule Arbitrage
Audit
Legal Advertising Contingency
Web Site Maintenance Dues, Licenses & Fees Irrigation
Public Officials' Liability Insurance General Insurance
Lake Maintenance HOA Maintenance
Landscaping Maintenance and Material Streetlights
Total General & Administrative Expenses	

$	4,040.64
35,000.00
1,370.00
3,750.00
103.57
8,344.50
5,000.00
- 500.00
3,255.00
1,093.93
281.98
2,220.00
175.00
169,855.78
3,270.00
3,996.00
1,380.00
116,876.50
19,335.15
67,840.15

$  447,688.20		

$	4,100.00
35,000.00
10,000.00
5,000.00
325.00
18,000.00
5,000.00
250.00
500.00
3,500.00
2,000.00
1,200.00
2,580.00
175.00
100,000.00
3,500.00
4,300.00
4,000.00
120,000.00
30,000.00
80,000.00

$ 429,430.00		

$	(59.36)
- (8,630.00)
(1,250.00)
(221.43)
(9,655.50)
- (250.00)
- (245.00)
(906.07)
(918.02)
(360.00)
- 69,855.78
(230.00)
(304.00)
(2,620.00)
(3,123.50)
(10,664.85)
(12,159.85)

$	18,258.20		

$	4,100.00
35,000.00
10,000.00
5,000.00
325.00
18,000.00
5,000.00
250.00
500.00
3,500.00
2,000.00
1,200.00
2,580.00
175.00
100,000.00
3,500.00
4,300.00
4,000.00
120,000.00
30,000.00
80,000.00

$	429,430.00		

98.55%
100.00%
13.70%
75.00%
31.87%
46.36%
100.00%
0.00%
100.00%
93.00%
54.70%
23.50%
86.05%
100.00%
169.86%
93.43%
92.93%
34.50%
97.40%
64.45%
84.80%

104.25%	
Total Expenses	$  447,688.20		$ 429,430.00		$	18,258.20		$	429,430.00		104.25%	
										
Net Income (Loss)	$	12,960.93		$	-		$	12,960.93		$	-			

Page 3 of 3

Magic Reserve Community Development District

Staff Reports