25-01773P

COBBLESTONE COMMUNITY DEVELOPMENT DISTRICT

NOTICE OF PUBLIIC HEARING TO CONSIDER IMPOSITION OF SPECIAL ASSESSMENTS PURSUANT TO SECTION 170.07, FLORIDA STATUTES, BY THE COBBLESTONE COMMUNITY DEVELOPMENT DISTRICT

NOTICE OF PUBLIC HEARING TO CONSIDER ADOPTION OF ASSESSMENT ROLL PURSUANT TO SECTION 197.3632(4)(b), FLORIDA STATUTES, BY THE COBBLESTONE COMMUNITY DEVELOPMENT DISTRICT

The Board of Supervisor (“Board”) of the Cobblestone Community Development District (“District”) will hold a Public Hearing at 10:00 A.M. (EST) on Thursday, September 18, 2025 at 10:00 a.m., at The SpringHill Suites by Marriott Tampa Suncoast Parkway, at 16615 Crosspointe Run, Land O’ Lakes, Florida 34638, to consider the adoption of an assessment roll, the imposition of special assessments to secure proposed Special Assessment Bonds on benefited lands within the District, a depiction of which lands is shown below, and to provide for the levy, collection and enforcement of the special assessments. The public hearing will be conducted pursuant to Chapter 170, 190 and 197, Florida Statutes.
The District is a unit of special-purpose local government, established to provide infrastructure improvements for the lands within the District. The streets and areas to be improved are described in the Updated Master Report of Engineer, dated July 30, 2025 (the “Engineer’s Report”), and are referred to as the “Capital Improvement Program”. The Capital Improvement Program benefits the Cobblestone Community Development District Phase 3 property, as geographically depicted below. The Capital Improvement Program is currently expected to include, but is not limited to, road and roadway improvements, water management and control, water supply, sewer and wastewater management, undergrounding of electrical, landscape, hardscape and irrigation and recreational facilities, as more specifically described in the Engineer’s Report, on file and available during normal business hours at the District Office, located at Inframark, LLC, 2005 Pan Am Circle, Suite 300, Tampa, Florida 33607.
A description of the property to be assessed, and the amount to be assessed to each piece or parcel of property may be ascertained at the District Office, at the address identified above during normal business hours.
The District intends to impose assessments on benefited lands within the District in the manner set forth in the District’s Master Assessment Methodology Report – Phase 3, dated July 30, 2025 (the “Master Assessment Report”), which is available at the District Office, at the address identified above during normal business hours.
The purpose of the special assessments is to secure bonds issued to fund the Capital Improvement Program. As described in the Master Assessment Report, initially, the special assessments will be assigned to the Phase 3 property on an equal acre basis, across all of the gross acreage within Phase 3. The method to allocate the assessments to the Phase 3 platted lots will be on an equivalent assessment unit (EAU) basis, as described in the Master Assessment Report. The Master Assessment Report identifies maximum assessment amounts for each land use category that is currently expected to be assessed.
The annual principal assessment levied against each parcel will be based on repayment over thirty (30) years of the total debt allocated to each parcel. The District expects to collect sufficient revenues to retire no more than $15,135,000.00 in debt to be issued by the District, exclusive of fees and costs of collection or enforcement, discounts for early payment and interest. The proposed schedule of assessments for the Phase 3 property is as follows:


























The assessments may be prepaid in whole at any time, or in some instances in part, or may be paid in not more than thirty (30) annual installments subsequent to the issuance of debt to finance the improvements. These annual assessments will be collected on the Pasco County Tax Roll by the Tax Collector. Alternatively, the District may choose to directly collect and enforce these assessments.
The District also intends to levy and collect assessments on property within the District to cover the operation and maintenance of the District’s improvements. These annual assessments will be collected on the Pasco County Tax Roll by the Tax Collector. Alternatively, the District may choose to directly collect and enforce these assessments.
All affected property owners have the right to appear at the public hearing and the right to file written objections with the District within twenty (20) days of the publication of this notice.
Also on September 18, 2025 at 10:00 AM (EST) at The SpringHill Suites by Marriott Tampa Suncoast Parkway, 16615 Crosspointe Run, Land O’Lakes, Florida 34638, the Board will hold a public meeting, and may consider matters related to the construction of improvements; matters related to a bond issue and special assessments to finance improvements; the services and facilities to be provided by the District and the financing plan for same, and any other business that may lawfully be considered by the District. The Board meeting and public hearing is open to the public and will be conducted in accordance with the provisions of Florida law for Community Development Districts. This Board meeting and/or the public hearing may be continued to a date and time certain announced at the meeting and/or hearing.
Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in the meeting or hearing should contact the District Office at (813) 873-7300, at least forty-eight (48) hours before the hearing and 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.
A person who decides to appeal any decision made by the Board of the District with respect to any matter considered at the hearing or at the meeting will need a record of the proceedings. Such person may need on ensure that a verbatim record of the proceedings is made, including a record of the testimony and evidence upon which the appeal is to be based.
Bryan Radcliff
District Manager

RESOLUTION 2025-03
A RESOLUTION OF THE BOARD OF SUPERVISORS OF COBBLESTONE COMMUNITY DEVELOPMENT DISTRICT DECLARING SPECIAL ASSESSMENTS; INDICATING THE LOCATION, NATURE AND ESTIMATED COST OF THE INFRASTRUCTURE IMPROVEMENTS WHICH COST IS TO BE DEFRAYED BY THE SPECIAL ASSESSMENTS; PROVIDING THE PORTION OF THE ESTIMATED COST OF THE IMPROVEMENTS TO BE DEFRAYED BY THE SPECIAL ASSESSMENTS; PROVIDING THE MANNER IN WHICH SUCH SPECIAL ASSESSMENTS SHALL BE MADE; PROVIDING WHEN SUCH SPECIAL ASSESSMENTS SHALL BE MADE; DESIGNATING LANDS UPON WHICH THE SPECIAL ASSESSMENTS SHALL BE LEVIED; PROVIDING FOR AN ASSESSMENT PLAT; ADOPTING A PRELIMINARY ASSESSMENT ROLL; PROVIDING FOR PUBLICATION OF THIS RESOLUTION. WHEREAS, the Board of Supervisors (“Board”) of Cobblestone Community Development District (the “District”) hereby determines to undertake, install, plan, establish, construct or reconstruct, enlarge or extend, equip, acquire, operate, and/or maintain the infrastructure improvements for a portion of the Capital Improvement Project (CIP) (the “Improvements”) described in the District’s Updated Master Report of the Engineer, dated July 30, 2025 3the “Engineer’s Report”), attached hereto as Exhibit A and incorporated herein by reference; and WHEREAS, it is in the best interest of the District to pay the cost of the Improvements by special assessments pursuant to Chapter 190, Florida Statutes (the “Assessments”); and WHEREAS, the District is empowered by Chapter 190, the Uniform Community Development District Act, Chapter 170, Supplemental and Alternative Method of Making Local Municipal Improvements, and Chapter 197, the Uniform Method for the Levy, Collection and Enforcement of Non-Ad Valorem Assessments, Florida Statutes, to finance, fund, plan, establish, acquire, construct or reconstruct, enlarge or extend, equip, operate, and maintain the Improvements and to impose, levy and collect the Assessments; and WHEREAS, the District hereby determines that benefits will accrue to the property improved, the amount of those benefits, and that special assessments will be made in proportion to the benefits received as set forth in the Master Special Assessment Methodology Report – Phase 3, dated July 30, 2025, (the “Assessment Report”), attached hereto as Exhibit B and incorporated herein by reference and on file at the Office of the District Manager, c/o Inframark, LLC, 2005 Pan Am Circle, Suite 300, Tampa, Florida 33607 (“District Records Office”); and WHEREAS, the District hereby determines that the Assessments to be levied will not exceed the benefit to the property improved. 2 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF COBBLESTONE COMMUNITY DEVELOPMENT DISTRICT: Section 1. The recitals set forth above are true and correct and by this reference are incorporated into a form a material part of this Resolution. Section 2. Assessments shall be levied to defray a portion of the cost of the Improvements. Section 3. The nature and general location of, and plans and specifications for, the Improvements are described in Exhibit A, which is on file at the District Records Office. Exhibit B is also on file and available for public inspection at the same location. Section 4. The total estimated cost of the Improvements is $9,552,116.59 (the “Estimated Cost”). Section 5. The Assessments will defray a maximum amount of $15,135,000.00 which includes the Estimated Cost, plus financing-related costs, capitalized interest, debt service reserve, and contingency. Section 6. The manner in which the Assessments shall be apportioned and paid is set forth in Exhibit B, including provisions for supplemental assessment resolutions. Section 7. The Assessments shall be levied within Assessment Area 4 (Phase 3) of the District, as described in Exhibit C, which lots and lands are specially benefitted by the Improvements, and which lots and lands are further designated by the assessment plat hereinafter provided for. Section 8. There is on file, at the District Records Office, an assessment plat showing the area to be assessed, with certain plans and specifications describing the Improvements and the estimated cost of the Improvements, all of which shall be open to inspection by the public. Section 9. Commencing with the year in which the Assessments are levied and confirmed, the Assessments shall be paid in not more than (30) thirty annual installments. The Assessments may be payable at the same time and in the same manner as are ad valorem taxes and collected pursuant to Chapter 197, Florida Statutes; provided, however, that in the event the uniform non-ad valorem assessment method of collecting the Assessments is not available to the District in any year, or if determined by the District to be in its best interest, the Assessments may be collected as is otherwise permitted by law. Section 10. The District Manager has caused to be made a preliminary assessment roll, in accordance with the method of assessment described in Exhibit B hereto, which shows the lots and lands assessed, the amount of benefit to and the assessment against each lot or parcel of land and the number of annual installments into which the assessment may be divided, which assessment roll is hereby adopted and approved as the District’s preliminary assessment roll. 3 Section 11. The Board shall adopt a subsequent resolution to fix a time and place at which the owners of property to be assessed or any other persons interested therein may appear before the Board and be heard as to the propriety and advisability of the assessments or the making of the Improvements, the cost thereof, the manner of payment therefore, or the amount thereof to be assessed against each property as improved. Section 12. The District Manager is hereby directed to cause this Resolution to be published twice (once a week for two (2) weeks) in a newspaper of general circulation within Pasco County, provided that the first publication shall be at least twenty (20) days before and the last publication shall be at least one (1) week prior to the date of the hearing, and to provide such other notice as may be required by law or desired in the best interests of the District. Section 13. This Resolution shall become effective upon its passage.
PASSED AND ADOPTED this 30th day of July 2025.


Attest: COBBLESTONE COMMUNITY DEVELOPMENT DISTRICT
/s/



















August 22, 29, 202525-01773P

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