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 June 1, 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
Call to Order / Roll Call
Public Comment Period
Consideration of the Minutes of the May 11, 2026:
Board of Supervisor’s Meeting (provided under separate cover)
Auditor Selection Committee Meeting (provided under separate cover)
General Business Matters
Continued Discussion Regarding Request for CDD’s Approval for a License to use the Existing Pond for the Management and Discharge of Residual Stormwater Runoff
Consideration of Palm Removal Proposal with Paradise Lawns & Landscaping Inc.
Ratification of Payment Authorization No. 266
Review of District Financial Statements
Other Business
Staff Reports
District Counsel
District Engineer
District Manager
Outstanding Maintenance Items
Form 1 Filing – July 1 Deadline
Next Meeting – July 6, 2026
Audience Comments
Supervisors Requests
Adjournment

Consideration of the Minutes of the May 11, 2026:
Board of Supervisor’s Meeting
Auditor Selection Committee Meeting
(provided under separate cover)

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

Consideration of Palm Removal Proposal with Paradise Lawns & Landscaping Inc.

 Landscape Installation Proposal	

Property Name:	Magic Village	
Service Address:	
Same	

Contact Information:	Yardira Casiano	

Billing Address:	Same	

Submitted By:	Tyler Roberts	
	321-448-6050	

support@paradiselawnsfl.com 

Description of Work: This proposal covers the defined material below per plan. Paradise will provide all necessary materials, labor and equipment to perform the jobs as defined. Any Change Orders will bedefined and priced accordingly to job specific tasks. This proposal is to remove dead Sylvester palm at building 29 and grind stump.

Task	Plant Type	Instructions	Location	Size	Qty	UOM	Unit Price	Total	
Removal and Flush Cut			Sylvester palm/Bld 29		8	HR	$55.00	$	440.00	
Disposal of Debris		1	EA	$55.00	$	55.00	
Stump Grinding		1	EA	$350.00	$	350.00	
					$	-	
					$	-	
					$	-	
					$	-	

$	845.00

Sub Total:

Task	Plant Type	Instructions	Location	Size	Qty	UOM	Unit Price	Total	
					$	-	
					$	-	
					$	-	
					$	-	
					$	-	
					$	-	
					$	-	

$	-

Sub Total:

Task	Plant Type	Instructions	Location	Size	Qty	UOM	Unit Price	Total	
					$	-	
					$	-	
					$	-	
					$	-	
					$	-	
					$	-	
					$	-	

$	-

Sub Total:

Task	Plant Type	Instructions	Location	Size	Qty	UOM	Unit Price	Total	
					$	-	
					$	-	
					$	-	
					$	-	
					$	-	
					$	-	
					$	-	

$	-

Sub Total:

$	845.00

Total:

Paradise Lawns Landscaping, Inc.2151 Lois Lane | Cocoa, FL 32926Main: (321) 543-8111 | Fax: (321) 433-1233

Landscape Installation Proposal

Property Name:	Magic Village	

Service Address:	Same	

Billing Address:	Same	

Terms of Contract :

Contracted Amount	$	845.00

Wednesday, May 20, 2026

Contact Information:	0	

Submitted By:	Tyler Roberts	
	321-448-6050	
	support@paradiselawnsfl.com 	

50%	Deposit Required	

$	422.50	starting	

 	

A prorated amount of	$	-	will be invoiced for the first month to coincide with services rendered.	

Paradise Lawns & Landscaping, Inc. agrees to install the listed material and will perform the services as specified on the proposal page. The length of this agreement is for (30) days from the executed date and will automatically be billed upon completion. Either party may terminate services with a 30 day written notice prior to work beginning. All open balances are considered due should either party terminate the contract. Any litigation costs are at the expense of each party. Paradise is insured for workman's compensation, general liability and automobile liability.
Certificates of insurance are available upon request. Paradise Lawns & Landscaping, Inc. assumes no responsibility for damages beyond our control or acts of God. Should any changes be needed please contact us at (877) 282-6611. The attached prices are not subject to change unless both parties agree upon the set amount. Fuel surcharges are enforced should Paradise incur such costs. Paradise uses www.fuelgaugereport.aaa.com to calculate the cost and the invoice will indicate the percentage billed.

Tyler Roberts	Date	
321-448-6050	
support@paradiselawnsfl.com	

Conditions: Any additional trips to the site caused by the customer for reasons uncontrolled by Paradise Lawns & Landscaping will result in a $85.00 trip charge per event. Any changes made to the Scope of Work will result in additional charges to the purchaser. Transplanted plant material is not covered under any warranty. All material is guaranteed to be as specified on the proposal. Any plant changes or substitutions are an additional cost to the purchaser. All plant material must be watered daily or until the plant acclimates which usually happens in 4-6 weeks. Paradise is not responsible for additional water requirements outside of our initial installation. Paradise is a State Certified Irrigation Contractor and can be hired for additional fees unless noted in the above stated scope of work. Any repairs related to landscape installation will be billed on a time and materials bases. All work is to be completed in a professional manner according to standard Horticulture practices. All agreements are contingent upon strikes, accidents, or other delays beyond our control. Paradise is not responsible for any unmarked underground utilities, any repair costs are at the expense of the owner.

Terms: Payment must be received once the job is completed, unless other arrangements are made. If payment is more than 5 days past its due date, a 2% penalty will be imposed every day after the projected date. Any delinquencies over 30 days are subject to a 5% penalty per month.	
Acceptance of Proposal: The above prices, specifications, method of payment, conditions and terms of payment are satisfactory and hereby accepted. Paradise Lawns & Landscaping is authorized to do the work as specified. Paradise or Purchaser may cancel this contract at any time upon giving a 30 day notice or upon customer default of payment terms.	

Authorized Approver (Print)	Date

Authorized Approver (Signature)

Authorizing Agent (Title)

Paradise Lawns Landscaping, Inc.2151 Lois Lane | Cocoa, FL 32926Main: (321) 543-8111 | Fax: (321) 433-1233

Magic Reserve Community Development District

Ratification of Payment Authorization No. 266

MAGIC RESERVE
COMMUN I TY DEVELOPMENT DISTRICT

Payment Authorization 266 4/24/2026

Invoice No

39953-042326

Supplier

DUKEENERGY(MRCD�

Invoice Date  Property

04/23/2026	Magic Reserve COD

Invoice Amount
1,476.87
Total:	1,476.87

Secretary / Asst. Secretary

Magic Reserve Community Development District

Review of District Financial Statements

Magic Reserve CDD
April 2026 Financial Package

April 30, 2026

PFM Management Services LLC
3501 Quadrangle Blvd
Suite 270
Orlando, FL 32817
407-723-5900

Magic Reserve CDD	
Statement of Financial Position	
As of 4/30/2026	

General Fund	Debt Service Fund

Capital Projects Fund

Long Term Debt Group

Total

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

$	507,641.53	
41,368.57	
354.67	
2,995.00	
24,644.70	
343,825.00	
516,247.58	
$	5,848.10	
$ 1,442,925.15	

$	24,644.70	
343,825.00	
516,247.58	
5,848.10	
$	890,565.38	

Assets

$	507,641.53	
41,368.57	
354.67	
2,995.00	

$	552,359.77	$	-	$	-

$	-	$	-	$	-

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

$	865,920.68	$	865,920.68	
3,544,079.32	3,544,079.32	
$ 4,410,000.00	$ 4,410,000.00	

Total Assets

$	552,359.77

$	890,565.38	$

-	$ 4,410,000.00

$ 5,852,925.15

Liabilities and Net Assets

$	128,871.55	
41,368.57	

Current Liabilities	
Accounts Payable	
Deferred Revenue	
Deferred Revenue	
Total Current Liabilities	

$	170,240.12

$	24,644.70

$	24,644.70	$

$	128,871.55	
41,368.57	
24,644.70	
$	194,884.82	

-	$	-

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

$	170,240.12

$	24,644.70	$

-	$ 4,410,000.00

$ 4,604,884.82

			 

$	1,329.71	
5,760.00	
(12,963.21)	
387,993.15	

$	763,408.99	
102,511.69	

$	382,119.65	$	865,920.68

			 

Net Assets	
Net Assets, Unrestricted	
Current Year Net Assets, Unrestricted	
Net Assets - General Government	
Current Year Net Assets - General Government	
Net Assets, Unrestricted	
Current Year Net Assets, Unrestricted	
Net Assets, Unrestricted	
Current Year Net Assets, Unrestricted	
Net Assets - General Government	
Total Net Assets	

$	1,329.71	
5,760.00	
(12,963.21)	
387,993.15	
763,408.99	
102,511.69	
201,026.01	
(5,826.01)	
(195,200.00)	
$	-	$ 1,248,040.33	

$	201,026.01	
(5,826.01)	
(195,200.00)	
$	-	

Total Liabilities and Net Assets

$	552,359.77

$	890,565.38	$

-	$ 4,410,000.00

$ 5,852,925.15

Page 1 of 3

Magic Reserve CDD	
Statement of Activities	
As of 4/30/2026	

General Fund	Debt Service Fund

Capital Projects Fund

Long Term Debt Group

Total

$	521,160.80	
5,760.00	
310,473.53	
5,848.10	
(5,848.10)	
$	837,394.33	

Revenues

$	521,160.80	
5,760.00	

$	310,473.53	
5,848.10	

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

$	526,920.80

$

$	316,321.63	$

(5,848.10)

(5,848.10)	$	-

Supervisor Fees	
Public Officials Insurance	
Trustee Services	
Management	
Engineering	
Disclosure Agent	
Property Appraiser	
District Counsel	
Assessment Administration	
Arbitrage Calculation	
Tax Preparation	
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	

$	600.00	
3,466.00	
4,238.17	
20,416.69	
845.00	
5,000.00	
215.28	
1,433.00	
5,000.00	
500.00	
6.42	
26.05	
672.47	
1,475.00	
175.00	
50,112.71	
4,236.00	
500.00	
805.00	
9,386.90	
33,464.27	
110,000.00	
116,753.13	
$	369,327.09	

$	110,000.00	
116,753.13	
$	226,753.13	

Expenses

$	600.00	
3,466.00	
4,238.17	
20,416.69	
845.00	
5,000.00	
215.28	
1,433.00	
5,000.00	
500.00	
6.42	
26.05	
672.47	
1,475.00	
175.00	
50,112.71	
4,236.00	
500.00	
805.00	
9,386.90	
$	33,464.27	

Other Revenues (Expenses) & Gains (Losses)	$	142,573.96				$	-		
$	-	
	$	9,406.31		
$	12,943.19		

$	22.09		

	
	$	9,406.31		$	12,943.19		$	22.09		$	-	
Change In Net Assets	$	393,753.15		$	102,511.69		$	(5,826.01)		$	-	$	490,438.83	

Net Assets At Beginning Of Year	
$	(11,633.50)		
$	763,408.99		
$	5,826.01		
$	-	$	757,601.50	

Net Assets At End Of Year	

$	382,119.65		

$	865,920.68		

$	-			

$	-	$ 1,248,040.33	

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

$	9,406.31	
12,943.19	
22.09	
$	22,371.59	

Page 2 of 3

Magic Reserve Community Development District	
Budget to Actual	
For the month ending 04/30/2026	

YTD Actual	YTD Budget	YTD Variance

FY 2026
Adopted Budget

Percentage Spent

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

	
$  521,160.80		$ 328,142.50	
9,406.31		-	
5,760.00		-	
$  536,327.11		$ 328,142.50	

	
$  193,018.30		$	562,530.00		92.65%	
9,406.31		-		0.00%	
5,760.00		-		0.00%	
$  208,184.61		$	562,530.00		95.34%	

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	

$	600.00		$	-	
4,238.17		2,450.00	
20,416.69		20,416.67	
845.00		5,833.33	
5,000.00		2,916.67	
215.28		189.58	
1,433.00		10,500.00	
5,000.00		2,916.67	
-		145.83	
500.00		291.67	
-		2,041.67	
672.47		1,166.67	
26.05		175.00	
-		571.67	
6.42		11.67	
1,475.00		1,575.00	
175.00		102.08	
50,112.71		166,250.00	
3,466.00		2,245.83	
4,236.00		2,759.17	
500.00		291.67	
805.00		2,333.33	
-		29,166.67	
9,386.90		17,500.00	
-		7,000.00	
-		2,625.00	
33,464.27		46,666.67	
$  142,573.96		$ 328,142.50	

$	600.00		$	-		0.00%	
1,788.17		4,200.00		100.91%	
0.02		35,000.00		58.33%	
(4,988.33)		10,000.00		8.45%	
2,083.33		5,000.00		100.00%	
25.70		325.00		66.24%	
(9,067.00)		18,000.00		7.96%	
2,083.33		5,000.00		100.00%	
(145.83)		250.00		0.00%	
208.33		500.00		100.00%	
(2,041.67)		3,500.00		0.00%	
(494.20)		2,000.00		33.62%	
(148.95)		300.00		8.68%	
(571.67)		980.00		0.00%	
(5.25)		20.00		32.10%	
(100.00)		2,700.00		54.63%	
72.92		175.00		100.00%	
(116,137.29)		285,000.00		17.58%	
1,220.17		3,850.00		90.03%	
1,476.83		4,730.00		89.56%	
208.33		500.00		100.00%	
(1,528.33)		4,000.00		20.13%	
(29,166.67)		50,000.00		0.00%	
(8,113.10)		30,000.00		31.29%	
(7,000.00)		12,000.00		0.00%	
(2,625.00)		4,500.00		0.00%	
(13,202.40)		80,000.00		41.83%	
$ (185,568.54)		$	562,530.00		25.35%	

Total Expenses	$  142,573.96	$ 328,142.50	$ (185,568.54)	$	562,530.00	25.35%

Net Income (Loss)	$  393,753.15	$	-	$  393,753.15	$	-

Page 3 of 3

Magic Reserve Community Development District

Staff Reports