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NOTICE OF PUBLIC HEARING TO CONSIDER IMPOSITION OF SPECIAL ASSESSMENTS PURSUANT TO SECTION 170.07, FLORIDA STATUTES, BY THE VIDA’S WAY COMMUNITY DEVELOPMENT DISTRICT
NOTICE OF PUBLIC HEARING TO CONSIDER ADOPTION OF ASSESSMENT ROLL PURSUANT TO SECTION 197.3632(4)(b), FLORIDA STATUTES, BY THE VIDA’S WAY COMMUNITY DEVELOPMENT DISTRICT
NOTICE OF REGULAR MEETING OF THE VIDA’S WAY COMMUNITY DEVELOPMENT DISTRICT
The Board of Supervisors (“Board”) of Vida’s Way Community Development District (“District”) will hold public hearings and a regular meeting at 11:00 a.m. on June 16, 2026, at the Hampton Inn & Suites by Hilton – Tampa/Wesley Chapel, 2740 Cypress Ridge Blvd., Wesley Chapel, Florida 33544, to consider the adoption of an assessment roll, the imposition of special assessments to secure proposed bonds on certain benefited lands within the District, and to provide for the levy, collection, and enforcement of the special assessments. The streets and areas to be improved are geographically depicted below and in the District’s Amended and Restated Master Engineer’s Report, dated March 31, 2026 (“Improvement Plan”). The public hearings are being conducted pursuant to Chapters 170, 190, and 197, Florida Statutes. All persons interested may ascertain the description of the property to be assessed and the amount to be assessed to each piece or parcel of property at the District Manager’s office located at 2300 Glades Road, Suite 410W, Boca Raton, Florida 33431 (“District Manager’s Office”).
The District is a unit of special-purpose local government responsible for providing infrastructure improvements for lands within the District. The infrastructure improvements are currently expected to include, but are not limited to, stormwater management system, onsite and offsite public roadways improvements, water, wastewater, and reclaim utilities, hardscape/landscape/irrigation improvements, streetlighting and undergrounding of electrical utilities, and other improvements, all as more specifically described in the Improvement Plan (“Improvements”), on file and available during normal business hours at the District Manager’s Office.
On April 7, 2026, and at the request of the District’s Board of Supervisors, the Board of County Commissioners of Pasco County, Florida, adopted Ordinance No. 26-16, effective April 8, 2026, expanding the District’s boundaries to include additional lands identified in the Petition to Amend the Boundaries of Vida’s Way Community Development District as the “Expansion Parcel.”
The District intends to impose assessments on benefited lands within the Expansion Parcel in the manner set forth in the District’s B1 Expansion Parcel Master Special Assessment Methodology Report, dated May 7, 2026 (“Assessment Report”), which is on file and available during normal business hours at the District Manager’s Office.
The purpose of any such assessment is to secure bonds issued to fund the Improvements with the Expansion Parcel. As described in more detail in the Assessment Report, the District’s assessments will be levied against all benefitted lands within the Expansion Parcel. The Assessment Report identifies maximum assessment amounts for each land use category currently expected to be assessed. The method of allocating assessments for the Improvements to be funded by the District will initially be determined on an equal assessment per gross acre basis and will be allocated on an equivalent residential unit (“ERU”) basis at the time that such property is platted, site planned, or subjected to a declaration of condominium. Please consult the Assessment Report for more details.
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 $28,035,000 in debt to be assessed by the District, which amounts include the estimated cost of the Improvements, plus financing-related costs, capitalized interest, debt service reserve, and costs of issuance, but are exclusive of interest, discounts for early payment and collection costs. The proposed schedule of assessments is as follows:
Product Type
ERU (per unit)
Maximum Principal (per unit)
Maximum Annual Installment (per unit)*
Townhome 20’
0.40
$54,289.31
$5,130.19
Townhome 24’
0.48
$65,147.17
$6,156.23
Single Family 40’
0.80
$108,578.62
$10,260.38
*includes collection fees and early payment discount allowances
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 (“County”) tax roll by the County 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 hearings and the right to file written objections with the District within twenty (20) days of the publication of this notice.
Also, at 11:00 a.m. on June 16, 2026, at the Hampton Inn & Suites by Hilton – Tampa/Wesley Chapel, 2740 Cypress Ridge Blvd., Wesley Chapel, Florida 33544, the Board will hold a regular public meeting to consider any other business that may lawfully be considered by the District. The Board meeting and hearings are open to the public and will be conducted in accordance with the provisions of Florida law for community development districts. The Board meeting and/or the public hearings may be continued in progress to a date and time certain announced at the meeting and/or hearings.
If anyone chooses to appeal any decision of the Board with respect to any matter considered at the meeting or hearings, such person will need a record of the proceedings and should accordingly ensure that a verbatim record of the proceedings is made, which includes the testimony and evidence upon which such appeal is to be based.
Any person requiring special accommodations at the meeting or hearings because of a disability or physical impairment should contact the District Manager’s Office at (561) 571-0010 at least 48 hours prior to the 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 Manager’s Office.
VIDA’S WAY COMMUNITY DEVELOPMENT DISTRICT
RESOLUTION NO. 2026-07
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE VIDA’S WAY COMMUNITY DEVELOPMENT DISTRICT DECLARING SPECIAL ASSESSMENTS; INDICATING THE LOCATION, NATURE AND ESTIMATED COST OF THOSE INFRASTRUCTURE IMPROVEMENTS WHOSE 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 PAID; 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.
[B1 EXPANSION PARCEL]
WHEREAS, after notice and a public hearing, the Board of Supervisors (the “Board”) of the Vida’s Way Community Development District (the “District”) has previously determined through Resolution 2024-31 to undertake, install, plan, establish, construct or reconstruct, enlarge or extend, equip, acquire, operate, and/or maintain the infrastructure improvements (the “Improvements”) described in the District’s Master Engineer’s Report, dated February 16, 2024,; and
WHEREAS, as part of Resolution 2024-31, the District determined that it is in the best interest of the District to pay for all or a portion of the cost of the Improvements by the levy of special assessments on benefitted properties within the District pursuant to Chapter 190, Florida Statutes (the “Assessments”) using the methodology set forth in that certain Master Special Assessment Methodology Report, dated February 16, 2024; and
WHEREAS, as part of Resolution 2025-01, the District previously levied Assessments on benefitted properties within phase 1 of the development within the District to pay for a portion of the cost of the Improvements and, as part of Resolution 2026-02, the District previously levied Assessments on benefitted properties within phase 2 of the development within the District to pay for a portion of the cost of the Improvements; and
WHEREAS, on April 7, 2026, at the request of the District’s Board of Supervisors, the Pasco County Board of County Commissioners adopted Ordinance 26-16, effective April 8, 2026, expanding the District’s boundaries to include an “Expansion Parcel;” and
WHEREAS, in order to account for the Expansion Parcel as part of the Improvements, the District’s Engineer has now prepared its Amended and Restated Master Engineer’s Report dated March 31, 2026 (together with the Master Engineer’s Report dated February 16, 2024, the “Engineer’s Report”), and attached hereto as Exhibit A, and the District’s Assessment Consultant has prepared its B1 Expansion Parcel Master Special Assessment Methodology, dated May 7, 2026 (the “Assessment Report”), and attached hereto as Exhibit B and incorporated herein by reference and on file at the office of the District Manager c/o Wrathell, Hunt and Associates, LLC, 2300 Glades Road, Suite 410W, Boca Raton, Florida 33431 (the “District Records Office”); and
WHEREAS, the District hereby determines the Expansion Parcel benefits from the District’s Improvements; and
WHEREAS, the District hereby determines it is in the best interest of the District to pay the cost of the Improvements within the Expansion Parcel by 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 Expansion Parcel, the amount of those benefits, and that special assessments will be made against the Expansion Parcel in proportion to the benefits received as set forth in the Assessment Report; and
WHEREAS, the District hereby determines that the Assessments to be levied on the Expansion Parcel will not exceed the benefit to the properties improved.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE VIDA’S WAY COMMUNITY DEVELOPMENT DISTRICT:
1. Recitals stated above are true and correct and by this reference are incorporated into and form a material part of this Resolution.
2. Assessments shall be levied against the Expansion Parcel to defray a portion of the cost of the Improvements.
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.
4. The total estimated cost of the Improvements is $79,299,000 (the “Estimated Cost”) with the estimated cost of the portion of the Improvements related to the Expansion Parcel being $20,196,000 (“Boundary Amendment Estimated Cost”).
5. The Assessments to be levied and allocated to the Expansion Parcel will defray approximately $28,035,000, which amounts include the Boundary Amendment Estimated Costs, plus financing-related costs, capitalized interest and a debt service reserve but not interest and collection costs.
6. The manner in which the Assessments shall be apportioned and paid, including the Assessments against the Expansion Parcel, is set forth in Exhibit B, including provisions for supplemental assessment resolutions.
7. The Assessments shall be levied against the Expansion Parcel within the District, on all lots and lands adjoining and contiguous or bounding and abutting upon the Improvements or specially benefitted thereby and further designated by the assessment plat hereinafter provided for.
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.
9. Commencing with the year in which the Assessments are levied and confirmed against the Expansion Parcel, 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.
10. The District Manager has caused to be made a preliminary assessment roll, inclusive of the Expansion Parcel, 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.
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.
12. The District Manager is hereby directed to cause this Resolution to be published twice (once a week for two (2) consecutive weeks) in a newspaper of general circulation within Pasco County and to provide such other notice as may be required by law or desired in the best interests of the District.
13. This Resolution shall become effective upon its passage.
PASSED AND ADOPTED this 7th day of May, 2026.
Attest: Vida’s Way Community Development District
/s/ Kristen Suit /s/ Brady Lefere
Secretary/Assistant Secretary Chair/Vice Chair, Board of Supervisors
Exhibit A: Amended and Restated Master Engineer’s Report dated March 31, 2026
Exhibit B: B1 Expansion Parcel Master Special Assessment Methodology Report, dated May 7, 2026
May 22, 29, 202626-01186P
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