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 April 6,

2026, 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



1.

Call to Order / Roll Call Public Comment Period
Consideration of the Minutes of the February 2, 2026, Board of Supervisors’ Meeting

General Business Matters

2.
3.
4.

Update on Irrigation/TOHO
Update on Speed Bumps Installation
Discussion Regarding Request for CDD’s Approval for a License to use the Existing Pond for the Management and Discharge of Residual Stormwater Runoff Discussion of Cleanup of Tracts B1 and D2
Cleanup Proposal (s) (provided under separate cover)
Ratification of Data Sharing and Usage Agreement with Osceola County Property Appraiser
Ratification of Payment Authorization Nos. 253 – 260 Review of District Financial Statements

5.

6.

7.
8.

Other Business



Staff Reports
District Counsel
District Engineer
District Manager
Next Meeting – May 4, 2026 Audience Comments
Supervisors Requests




Adjournment

Magic Reserve Community Development District

Consideration of the Minutes of the
February 2, 2026, Board of Supervisors’ Meeting

MINUTES OF MEETING

MAGIC RESERVE COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS’ MEETING
Monday, February 2, 2026, at 10:00 a.m.
7430 Brooklyn Dr.
Kissimmee, FL 34747

Board Members in attendance:

Doris Houck Nayara Longaray Sue Legentil Frederico Gontijo

Chairperson Vice Chair
Assistant Secretary Assistant Secretary

Also Present:

Jane Gaarlandt Gazmin Kerr Audrey Ryan Mark Watts Steven Boyd Fernanda Doria

PFM PFM PFM
Cobb Cole
Boyd Civil Engineering Magic Companies Group

(via phone) (via phone) (via phone) (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.

Consideration of the Minutes of the January 12, 2026, Board of Supervisors’ Meeting

The Board reviewed the minutes.

On motion, by Ms. Houck, seconded by, Ms. Longaray, with all in favor, the Board of Supervisors for the Magic Reserve Community Development District approved the Minutes of the January 12, 2026, Board of Supervisors’ Meeting.

SECOND ORDER OF BUSINESS

General Business Matters

Update on Irrigation/TOHO

This item was deferred.

Update on Speed Bumps Installation

This item was deferred.

Discussion Regarding Request for CDD’s Approval for a License to use

the

Existing

Pond

for	the

Management

and

Discharge	of

Residual Stormwater Runoff

Mr. Watts gave an overview and noted this request was received last week. He will follow up on the easement requirements. There will be an update at the next meeting.

Ratification of Payment Authorizations Nos. 243-252

Ms. Gaarlandt noted these were previously approved and are included solely for ratification.

Review of District Financial Statements

Ms. Gaarlandt stated the financials are for information only.

The Board reviewed the financial statements through December 2025.

THIRD ORDER OF BUSINESS

Other Business

Staff Reports

District Counsel –

Ms. Doria asked for clarification on the terms of the previously signed agreement between the District and the Developer regarding Developer

On motion by Ms. Houck, seconded by Ms. Longaray, with all in favor, the Board of Supervisors for the Magic Reserve Community Development District ratified Payment Authorizations Nos. 243 - 252.

Control of the Fountain and Gatehouse. Mr. Watts will follow up with clarification.

District Engineer –

Mr. Boyd noted the annual inspection will be taking place February 6, 2026 and staff will need gate access. It was noted the front gate will be open.

There was a comment regarding the residual storm water. Mr. Watts and Mr. Boyd will follow up for clarification.

District Manager –

Ms. Gaarlandt reminded the Board the next meeting is scheduled for March 2, 2026. She will be sending out the information packet to the new Board members.

Audience Comments

There were no audience comments.

Supervisors Requests

There were no supervisor requests.

FOURTH ORDER OF BUSINESS

Adjournment

Secretary/Assistant Secretary

Chairman/Vice Chairman

On motion by Ms. Longaray, seconded by Ms. Legentil, with all in favor, the February 2, 2026, Meeting of the Board of Supervisors for the Magic Reserve Community Development District was adjourned at 10:13 a.m.

Magic Reserve Community Development District

Update on the Irrigation/TOHO

Magic Reserve Community Development District

Update on Speed Bumps Installation

Magic Reserve Community Development District

Discussion Regarding Request for CDD’s Approval for a License to use the Existing Pond for the Management
and Discharge of Residual Stormwater Runoff

Magic Reserve Community Development District

Discussion of Cleanup of Tracts B1 and D2
a.Cleanup Proposal (s)
(provided under separate cover)

Magic Reserve Community Development District

Ratification of Data Sharing and Usage Agreement with Osceola County Property Appraiser

/gATRlNA SCARBOROUGH, CFA, CCF, MCP
OSCEora COUNTv PROPERTY APPRAISER

Magic Reserve CDD

This Data Sharing And Usage Agreement, hereafter referred to as “.^.greement,” establishes the terms and conditions
under which the N1agic Reserve 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:

1.

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 resuits 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 confidential 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.

2.

3.

4.

5.

6.

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.

Magic Reset

Signatue:

Katrina S. Sc rborou

Date:

Title:

Date:

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

Magic Reserve Community Development District

Ratification of Payment Authorization Nos. 253 – 260

MAGIC RESERVE
C 0 M M U N I T Y D E V E L 0 P M E N T D I S T R I C T

Payment Authorization 253
1/16/2026

Invoice No

Invoice Amount
200.00
4,133.66
2,916.67

Supplier

Invoice Date

Property

2026.01.12
87052-011426
DM-01-2026-42

Doris H Houck (MRCDD) DUKE ENERGY (MRCDD)
PFM GROUP CONSULTING LLC (MRCDD)

01/12/2026
01/14/2026
01/05/2026

Magic Reserve CDD Magic Reserve CDD Magic Reserve CDD

Total:

7,250.33

air / Vice C

airman

Secretary / Asst. Secretary

MAGIC RESERVE
C O M M U N I T Y D E V E L 0 P M E N T D I S T R I C T

Payment Authorization 254
1/23/2026

Invoice Amount
1,511.92
300.00
125.00
1,936.92

Invoice No

Supplier

Invoice Date

Property

39953-012326
7940
8147

DUKE ENERGY (MRCDD) VGLOBALTECH (MRCDD) VGLOBALTECH (MRCDD)

01/23/2026
12/01/2025
01/02/2026

Magic Reserve CDD Magic Reserve CDD Magic Reserve CDD

Total:

ir / Vice Chairman

Secretary / Asst. Secretary

MAGIC RESERVE
C 0 M M U N I T Y D E V E L 0 P M E N T D I S T R I C T

Payment Authorization 255
1/30/2026

Invoice No

Invoice Amount
115.00

Supplier

Invoice Date

Property

117936

AQUATIC WEED CONTROL, INC. (MRCDD)
Doris H Houck (MRCDD)

01/01/2026

Magic Reserve CDD

2026.02.02

02/02/2026

Magic Reserve CDD

200.00
315.00

Total:

Air / Vice Chai

an

Secretary / Asst. Secretary

MAGIC RESERVE
C 0 M M U N I T Y D E V E L 0 P M E N T D I S T R I C T

Payment Authorization 256
2/6/2026

Invoice No

Supplier

Invoice Date

Property

Invoice Amount
2,916.67

DM-02-2026-42

PFM GROUP CONSULTING LLC (MRCDD)

02/05/2026

Magic Reserve CDD

Total:

2,916.67

iry/ Vice Chairman

Secretary / Asst. Secretary

MAGIC RESERVE
C 0 M M U N I T Y D E V E L 0 P M E N T D I S T R I C T

Payment Authorization 257
2/13/2026

Invoice No

Supplier

Invoice Date

Property

Invoice Amount
115.00

1136232

AQUATIC WEED CONTROL, INC. (MRCDD)
BOYD ENGINEERING, INC. (MRCDD) COBB COLE (MRCDD)
DUKE ENERGY (MRCDD)
MAGIC VILLAGE RESORT 2 HOA (MRCDD)
MAGIC VILLAGE RESORT 2 HOA (MRCDD)
MAGIC VILLAGE RESORT 2 HOA (MRCDD)
VGLOBALTECH (MRCDD)

02/01/2026

Magic Reserve CDD

325.00
342.00
4,101.46
7,631.32

4620
78095
87052-021126
427

02/05/2026
02/04/2026
02/11/2026
02/09/2026

Magic Reserve CDD Magic Reserve CDD Magic Reserve CDD
Magic Reserve CDD

428

02/08/2026

Magic Reserve CDD

290.64

429

02/09/2026

Magic Reserve CDD

1,877.38

125.00
14,807.80

8226

02/02/2026

Magic Reserve CDD

Total:

hair / Vice Cfiairman

Secretary / Asst. Secretary

MAGIC RESERVE
C 0 M M U N I T Y D E V E L 0 P M E N T D I S T R I C T

Payment Authorization 258 2/20/2026

Invoice No

Supplier

Invoice Date

Property

Invoice Amount
1,476.96
215.28

39953-022026
2019054

DUKE ENERGY (MRCDD)
OSCEOLA CNTY PROP APPRAISER (MRCDD)

02/20/2026
02/09/2026

Magic Reserve CDD Magic Reserve CDD

Total:

1,692.24

Ch  r / Vice Chairman

Secretary / Asst. Secretary

MAGIC RESERVE
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

Payment Authorization 259
3/6/2026

Invoice Amount
115.00

Invoice No

Supplier

Invoice Date

Property

1137271

AQUATIC WEED CONTROL, INC. (MRCDD)
BOYD ENGINEERING, INC. (MRCDD)
PFM GROUP CONSULTING LLC (MRCDD)
VGLOBALTECH (MRCDD)

03/01/2026

Magic Reserve CDD

130.00
6.42

4664
140984

03/05/2026
03/03/2026

Magic Reserve CDD Magic Reserve CDD

8314

03/02/2026

Magic Reserve CDD

125.00
376.42

Total:

Chair / Vice Chairman

Secretary / Asst. Secretary

MAGIC RESERVE
C 0 M M U N I T Y D E V E L 0 P IVI E N T D I S T R I C T

Payment Authorization 260
3/13/2026

Supplier

Invoice No

Invoice Date

Property

Invoice
Amount
4,101.37
2,838.19

87052-031226
431

DUKE ENERGY (MRCDD)
MAGIC VILLAGE RESORT 2 HOA
(MRCDD)
MAGIC VILLAGE RESORT 2 HOA (MRCDD)
MAGIC VILLAGE RESORT 2 HOA (MRCDD)
PFM GROUP CONSULTING LLC
(MRCDD)

03/12/2026
03/11/2026

Magic Reserve CDD
Magic Reserve CDD

432

03/11/2026

Magic Reserve CDD

73.51

433

02/09/2026

Magic Reserve CDD

1,877.38

DM—03-2026-42

03/05/2026

Magic Reserve CDD

2,916.67

Total:

11,807.12

i.r / Vice C airman

Secretary / Asst. Secretary

Magic Reserve Community Development District

Review of District Financial Statements

Magic Reserve CDD
February 2026 Financial Package

February 28, 2026

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

Magic Reserve CDD Statement of Financial Position As of 2/28/2026

General Fund

Debt Service Fund

Capital Projects Fund

Long Term Debt Group

Total

Assets

Current Assets
General Checking Account Assessments Receivable Prepaid Expenses Deposits
Assessments Receivable Due From Other Funds
Debt Service Reserve Series 2016 Revenue Series 2016
Prepayment Series 2016
Total Current Assets

$

536,086.13
84,992.48
354.67
2,995.00

$

536,086.13
84,992.48
354.67
2,995.00
50,632.98
8,779.26
343,825.00
476,810.72
5,848.10

$

50,632.98
8,779.26
343,825.00
476,810.72
5,848.10

$

624,428.28

$

885,896.06

$

-

$

-

$

1,510,324.34

Investments
Amount Available in Debt Service Funds Amount To Be Provided
Total Investments

$

826,483.82
3,583,516.18

$

826,483.82
3,583,516.18

$

-

$

-

$

-

$

4,410,000.00

$

4,410,000.00

Total Assets

$

624,428.28

$

885,896.06

$

-

$

4,410,000.00

$

5,920,324.34

Liabilities and Net Assets

Current Liabilities Accounts Payable Deferred Revenue Deferred Revenue
Total Current Liabilities

$

169,414.18
84,992.48

$

169,414.18
84,992.48
50,632.98

$

50,632.98

$

254,406.66

$

50,632.98

$

-

$

-

$

305,039.64

Long Term Liabilities
Revenue Bonds Payable - Long-Term
Total Long Term Liabilities

$

4,410,000.00

$

4,410,000.00

$

-

$

-

$

-

$

4,410,000.00

$

4,410,000.00

Total Liabilities

$

254,406.66

$

50,632.98

$

-

$

4,410,000.00

$

4,715,039.64

Net Assets
Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

$

1,329.71
5,760.00

$

1,329.71
5,760.00

Net Assets - General Government
Current Year Net Assets - General Government

(12,963.21)
375,895.12

(12,963.21)
375,895.12

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

$

763,408.99
71,854.09

763,408.99
71,854.09

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

$

201,026.01
(5,826.01)

201,026.01
(5,826.01)

Net Assets - General Government
Total Net Assets

(195,200.00)

(195,200.00)

$

370,021.62

$

835,263.08

$

-

$

-

$

1,205,284.70

$

624,428.28

$

885,896.06

$

-

$

4,410,000.00

$

5,920,324.34

Total Liabilities and Net Assets

Page 1 of 3

Magic Reserve CDD Statement of Activities As of 2/28/2026

General Fund

Debt Service Fund

Capital Projects Fund

Long Term Debt Group

Total

Revenues

On-Roll Assessments Land Lease Income On-Roll Assessments
Inter-Fund Group Transfers In Inter-Fund Transfers In
Total Revenues

$

477,536.89
5,760.00

$

477,536.89
5,760.00
284,485.25
5,848.10
(5,848.10)

$

284,485.25
5,848.10

$

(5,848.10)

$

483,296.89

$

290,333.35

$

(5,848.10)

$

-

$

767,782.14

Expenses

Supervisor Fees
Public Officials Insurance Trustee Services Management Engineering
Disclosure Agent Property Appraiser District Counsel
Assessment Administration Postage & Shipping
Legal Advertising
Web Site Maintenance Dues, Licenses, and Fees Irrigation
Property & Casualty Other Insurance Lake Maintenance
Landscaping Maintenance & Material Streetlights
Principal Payment Interest Payments
Total Expenses

$

400.00
3,466.00
4,238.17
14,583.35
715.00
1,250.00
215.28
776.00
5,000.00
0.74
197.64
925.00
175.00
42,832.04
4,236.00
500.00
575.00
5,632.14
22,307.61

$

400.00
3,466.00
4,238.17
14,583.35
715.00
1,250.00
215.28
776.00
5,000.00
0.74
197.64
925.00
175.00
42,832.04
4,236.00
500.00
575.00
5,632.14
22,307.61
110,000.00
116,753.13

$

110,000.00
116,753.13

$

108,024.97

$

226,753.13

$

-

$

-

$

334,778.10

Other Revenues (Expenses) & Gains (Losses)

Interest Income Interest Income Interest Income
Total Other Revenues (Expenses) & Gains (Losses)

$

6,383.20

$

6,383.20
8,273.87
22.09

$

8,273.87

$

22.09

$

6,383.20

$

8,273.87

$

22.09

$

-

$

14,679.16

Change In Net Assets

$

381,655.12

$

71,854.09

$

(5,826.01)

$

-

$

447,683.20

Net Assets At Beginning Of Year

$

(11,633.50)

$

763,408.99

$

5,826.01

$

-

$

757,601.50

Net Assets At End Of Year

$

370,021.62

$

835,263.08

$

-

$

-

$

1,205,284.70

Page 2 of 3

Magic Reserve Community Development District
Budget to Actual
For the month ending 02/28/2026

Percentage Spent

FY 2026
Adopted Budget

YTD Actual

YTD Budget

YTD Variance

Revenues
On-Roll Assessments Interest Income
Land Lease Income
Net Revenues

$

477,536.89
6,383.20
5,760.00

$

234,387.50

$

243,149.39
6,383.20
5,760.00

$

562,530.00

84.89%
0.00%
0.00%

-
-

-
-

$

489,680.09

$

234,387.50

$

255,292.59

$

562,530.00

87.05%

General & Administrative Expenses
Supervisor Fees Trustee Services
District Management Fees Engineering Fees Disclosure Agent
Property Appraiser District Counsel
Assessment Administration Re-Amortization Schedule Arbitrage
Audit
Legal Advertising Postage /Shipping Contingency
Tax Preparation Fee Web Site Maintenance Dues, Licenses & Fees Irrigation
Public Officials' Liability Insurance General Insurance
Additional Insurance Lake Maintenance HOA Maintenance
Landscaping Maintenance and Material Mulch
Palm Pruning Streetlights
Total General & Administrative Expenses

$

400.00
4,238.17
14,583.35
715.00
1,250.00
215.28
776.00
5,000.00
-
-
- 197.64
0.74
-
- 925.00
175.00
42,832.04
3,466.00
4,236.00
500.00
575.00
- 5,632.14
-
- 22,307.61

$

- 1,750.00
14,583.33
4,166.67
2,083.33
135.42
7,500.00
2,083.33
104.17
208.33
1,458.33
833.33
125.00
408.33
8.33
1,125.00
72.92
118,750.00
1,604.17
1,970.83
208.33
1,666.67
20,833.33
12,500.00
5,000.00
1,875.00
33,333.33

$

400.00
2,488.17
0.02
(3,451.67)
(833.33)
79.86
(6,724.00)
2,916.67
(104.17)
(208.33)
(1,458.33)
(635.69)
(124.26)
(408.33)
(8.33)
(200.00)
102.08
(75,917.96)
1,861.83
2,265.17
291.67
(1,091.67)
(20,833.33)
(6,867.86)
(5,000.00)
(1,875.00)
(11,025.72)

$

- 4,200.00
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
300.00
980.00
20.00
2,700.00
175.00
285,000.00
3,850.00
4,730.00
500.00
4,000.00
50,000.00
30,000.00
12,000.00
4,500.00
80,000.00

0.00%
100.91%
41.67%
7.15%
25.00%
66.24%
4.31%
100.00%
0.00%
0.00%
0.00%
9.88%
0.25%
0.00%
0.00%
34.26%
100.00%
15.03%
90.03%
89.56%
100.00%
14.38%
0.00%
18.77%
0.00%
0.00%
27.88%

$

108,024.97

$

234,387.50

$

(126,362.53)

$

562,530.00

19.20%

Total Expenses

$

108,024.97

$

234,387.50

$

(126,362.53)

$

562,530.00

19.20%

Net Income (Loss)

$

381,655.12

$

-

$

381,655.12

$

-

Page 3 of 3