Hacienda Lakes Community Development District
707 Orchid Drive, Naples, FL 34102
P. 239-269-1341

BOARD OF SUPERVISORS HACIENDA LAKES COMMUNITY DEVELOPMENT DISTRICT

Monday, February 23, 2026, 9:00 a.m.
8490 Vaile Circle
Naples, Florida 34114

I.

Roll Call.

II.

Public Comments on Agenda Items.

III.

Organizational Matters:

A. Notice of Meeting

Exhibit

1

B. Resolution 2026-1 Recognition of Tom Bothe

Exhibit

2

IV.

Administrative Matters

A.

Consideration of the December 1, 2025, Meeting Minutes.

Exhibit

3

B.

Consideration of Azure HOA letter to Hacienda Lakes CDD.

Exhibit

4

C.

Costo Landscaping Plans update from Supervisor Parker.

Exhibit

5

V.

Business Matters

A. Assignment of REEI Contract to PFM Group Consulting.

Exhibit

6

B. Consulting Agreement between REEI and PFM Group Consulting.

Exhibit

7

VI.

Budget Matters

A. Acceptance of January 31, 2026, Financial Statements

Exhibit

8

VII.

Financial Matters

None to be considered at this time.

Staff Reports.

A.

Manager.

a.

Lakes Update

Exhibit 9

B.

Legal Counsel.

C.

Engineer.

VIII.

Public Comments.

IX.

Supervisors’ Requests.

A.

Fishing on lakes in Esplanade and other District lakes

B.

Littoral Shelf plantings

C.

Trees on lake bank in Promoso Court

Exhibit 10

X.

Adjournment.

EXHIBIT 1

EXHIBIT 2

RESOLUTION NO. 2026-1

A RESOLUTION OF THE BOARD OF SUPERVISORS OF HACIENDA LAKES COMMUNITY DEVELOPMENT DISTRICT HONORING THE LIFE AND SERVICE OF HENRY THOMAS

“TOM”

BOTHE	AND

RECOGNIZING	HIS	TIRELESS

DEDICATION AND COMMITMENT TO THE DISTRICT; PROVIDING FOR A MOMENT OF SILENCE AND TRIBUTE; PROVIDING FOR PRESENTATION OF THIS RESOLUTION TO HIS FAMILY; AND PROVIDING FOR AN EFFECTIVE DATE.

WHEREAS, Henry Thomas “Tom” Bothe faithfully served on the Board of Supervisors of the Hacienda Lakes Community Development District (the “Board” and the “District”, respectively) from 2020 through 2025; and

WHEREAS, Tom was the first landowner representative to serve on the Board, bringing the unique perspective of the District’s residential community to the Board’s deliberations and decisions; and

WHEREAS, during his years of service to the District, Tom and his wife resided within the Esplanade at Hacienda Lakes community, and was deeply engaged in the life and well-being of that neighborhood and the broader District; and

WHEREAS, Tom passed away on January 17, 2026, at the age of 83, and the Board desires to memorialize his life and service to the District; and

WHEREAS, throughout his tenure on the Board, Tom demonstrated tireless dedication, integrity, and commitment to the best interests of the District and its residents, contributing significantly to the District’s governance and community appearance; and

WHEREAS, Tom brought warmth and levity to the Board’s proceedings through his good humor and wit, fostering a collaborative spirit and making even the most challenging discussions more productive for his fellow Board members and District staff; and

WHEREAS, the Board desires to formally honor and recognize Tom for his years of service and lasting contributions to the District.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF HACIENDA LAKES COMMUNITY DEVELOPMENT DISTRICT AS FOLLOWS:

SECTION 1. Recognition of Service. The Board hereby formally recognizes and honors Henry Thomas “Tom” Bothe for his exemplary service on the Board from 2020 through 2025, including his role as the first landowner representative to serve on the Board, and acknowledges the positive and lasting impact of his leadership on the District and its residents.

SECTION 2. Expression of Gratitude. The Board hereby extends its deepest appreciation and gratitude to Tom for his tireless dedication, commitment, and service to the District and its residents, and recognizes the many hours he devoted to furthering the District’s mission and improving the quality of life within Hacienda Lakes.

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Resolution 2026-1

Hacienda Lakes Community Development District

SECTION 3. Moment of Silence and Tribute. In honor of Tom’s life and service, the Board shall observe a moment of silence and offer a brief tribute to his memory at the public meeting at which this Resolution is adopted.

SECTION 4. Presentation to Family. The Board hereby directs that a duly executed copy of this Resolution be presented to the family of Henry Thomas “Tom” Bothe as an expression of the Board’s respect, sympathy, and appreciation for his years of service to the District.

SECTION 5. Implementation; Effective Date. This Resolution shall take effect immediately upon its adoption, and the officers and staff of the District are authorized and directed to take all actions necessary or desirable to carry out the intent of this Resolution, including the scheduling of the moment of silence and the presentation of this Resolution to Tom’s family.

PASSED AND ADOPTED by the Board Development District, this 23rd day of February, 2026.

of Supervisors of Hacienda Lakes Community

HACIENDA LAKES COMMUNITY DEVELOPMENT DISTRICT

Attest:

G. Russell Weyer, Secretary

Gary Lichtle, Chairman

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EXHIBIT 3

12/1/2025 Meeting Minutes Forthcoming

EXHIBIT 4

4501 Tamiami Trail N | Suite 350
Naples, Florida 34103
Telephone 239 / 241-7380 | Fax 239 / 241-7385 | www.varnumlaw.com

Steven J. Adamczyk

Direct 239 / 241-7384
sjadamczyk@varnumlaw.com

February 3, 2026

Via Regular US Mail and
E-Mail: gurbancic@cyklawfirm.com

Greg Urbancic, Esq.
Coleman Yovanovich & Koester, P.A. 4001 Tamiami Trail North, Suite 300
Naples, FL 34103-3556

Re:

Azure at Hacienda Lakes HOA / Hacienda Lakes CDD Stormwater/Lake Maintenance Responsibilities

Dear Greg:

I represent Azure at Hacienda Lakes Homeowners’ Association, Inc. (the Association). I am writing to outline our understanding of the respective responsibilities of the Association and the Hacienda Lakes Community Development District (the CDD) over the lakes and related stormwater facilities within Azure, to identify areas where the Association has been performing work allocated to the CDD, and to open a dialogue to memorialize an appropriate allocation of responsibilities and costs going forward, including reimbursement of amounts the Association has paid for work that is the CDD’s responsibility. Residents are increasingly concerned that Association assessments are bearing costs that should be addressed through the CDD’s budget, and we would like to resolve this efficiently and cooperatively.

As a threshold matter, the recorded plats for Azure dedicate lake tracts and lake maintenance easements to the CDD, expressly “with responsibility for maintenance.” For example, the Azure at Hacienda Lakes – Phase 2 plat dedicates to the CDD “all lake maintenance easements (LME) as depicted, with responsibility for maintenance” and further dedicates Tract L25A

as a lake, for the purpose of construction, installation, maintenance and operation of stormwater/drainage facilities, . . . with responsibility for maintenance.

Each Azure plat contains similar language concerning lakes and dedications in favor of the CDD.

The Master Declaration for Azure recognizes the CDD’s statutory powers and potential responsibility for stormwater management across the Hacienda Lakes project, including “stormwater management (drainage control)” and “the surface water management system,” and further provides that if portions of the common area are transferred to the CDD, “the expenses of administration and maintenance shall cease to be Common Expenses.”

Ann Arbor | Birmingham | Grand Rapids | Kalamazoo | Naples, FL | Novi

February 3, 2026
Page 2

The governing South Florida Water Management District Environmental Resource Permit (ERP No. 11-03312-P-05, Application No. 151215-2) further frames the operational structure. The ERP includes a general condition requiring that, upon certification of construction completion, the permit be transferred to the operation and maintenance entity. While one special condition states, “Operation and maintenance of the stormwater management system shall be the responsibility of a homeowners’ association”, the ERP also reflects that, until transfer is accepted, the permittee remains liable for O&M, and that stormwater systems must be “operated and maintained in perpetuity,” with the O&M entity responsible for inspections and corrective action to protect public health, safety, welfare, and water resources. . Importantly, the Declaration itself explicitly authorizes assignment of permits and obligations to the CDD and recognizes the CDD’s authority over stormwater infrastructure and services within Hacienda Lakes, with assessments to fund O&M.

In short, the recorded plats dedicate the lake tracts and lake maintenance easements to the CDD with responsibility for maintenance; the Declaration recognizes the CDD’s role, and the ERP allocates responsibilities to both the Association and the CDD.

Against this backdrop, the Association has, for an extended period, been performing and funding work within the lake boundaries that falls within lake “maintenance” commonly associated with the dedicated lake tracts and lake maintenance easements, including: mowing within the lake boundaries, trimming and maintaining littoral/cord grass as part of shoreline stabilization and erosion control, and installing, powering, and repairing aerators and fountains for circulation and water-quality management. These activities align with the ERP’s operational framework. Importantly, to our knowledge, there is no executed interlocal agreement or cost-sharing agreement allocating these lake-related O&M functions or expenses between the Association and the CDD.

Our objective is straightforward. First, we would like to reach an agreement to allocate responsibilities that align with the plat dedications, the covenants, and the ERP permits. Second, we request reimbursement to the Association for past expenditures the Association has made to manage and maintain the lakes and associated facilities within the dedicated lake areas and L.M.E.s, which should be borne by the CDD. We are compiling the financial detail now and will provide a schedule of amounts by category and date promptly upon receipt from the client.

We recognize that the Declaration contains provisions reflecting a role by the Association under the water management services, but those provisions must be harmonized with the express dedications to the CDD. The Declaration itself provides the harmonizing mechanism by recognizing the CDD’s stormwater role and by shifting costs out of Association expenses where common areas become CDD property or are administered by the CDD.

To move this forward constructively, we propose that counsel and staff for the CDD and the Association meet within the next few weeks to: (1) confirm, by reference to the recorded plats, the specific lake tracts and L.M.E.s dedicated to the CDD; (2) align the operational responsibilities under the ERP with those dedications; (3) determine an orderly transition of any in-progress maintenance tasks; (4) agree on a reimbursement amount (and payment timing) for Association-funded lake maintenance within those areas; and (5) codify the outcome in an O&M agreement

February 3, 2026
Page 3

that avoids future confusion. We are approaching this with the aim of collegial cooperation, but our Board is understandably concerned about continuing to fund CDD-dedicated obligations, and residents are frustrated by the perceived double payment through both Association assessments and CDD O&M assessments.

Please let me know your availability for an initial conference the weeks of February 9 and February 23 so we can begin aligning on scope and financials. We appreciate your attention to this matter and look forward to working together on a practical and durable solution.

Very truly yours,

Steven J. Adamczyk

EXHIBIT 5

EXHIBIT 6

DISTRICT MANAGEMENT

This District Management Agreement (this “Agreement”), made and entered into this 1st day of March, 2026, (the “Effective Date”) by and between Hacienda Lakes Community Development District (“DISTRICT”) and PFM Group Consulting LLC (together with PFM Management Services LLC, its anticipated successor-in-interest as provider of the district management services contemplated hereby, hereinafter called the “MANAGER”) sets forth the terms and conditions under which MANAGER shall provide services.

WHEREAS, the DISTRICT desires to obtain the services of a MANAGER to provide District Management Services; and

WHEREAS, MANAGER is capable of providing the necessary services.

NOW, THEREFORE, in consideration of the above mentioned premises and intending to be legally bound hereby, the DISTRICT and MANAGER agree as follows:

I.

SCOPE OF SERVICES

MANAGER shall provide District Management Services as set forth in Exhibit A to this Agreement. Any material changes in or additions to the scope of services described in Exhibit A shall be promptly reflected in a written supplement or amendment to this Agreement. Services provided by MANAGER which are not specifically referenced in the scope of services set forth in Exhibit A of this Agreement shall be completed as agreed in writing in advance between the DISTRICT and MANAGER. Upon request of DISTRICT, MANAGER or an affiliate of MANAGER may agree to additional services to be provided by MANAGER or an affiliate of MANAGER, by a separate agreement between the DISTRICT and MANAGER or its respective affiliate.

II.

WORK SCHEDULE

The services of MANAGER are to commence as soon as practicable after the execution of this Agreement and a request by the DISTRICT for such service.

III.

COMPENSATION

For the services provided under this Agreement, MANAGER’s professional fees shall be paid as provided in Exhibit B to this Agreement and DISTRICT shall pay expenses and fees for other services not set forth in Exhibit A as provided below.

1.

Reimbursable Expenses

In addition to fees for services, MANAGER will be reimbursed for necessary, reasonable, and documented out-of-pocket expenses incurred, including travel, meals, lodging, telephone, mail, and other ordinary cost and any actual extraordinary cost for graphics, printing, data processing and computer time which are incurred by MANAGER only as authorized by the DISTRICT’s approved budget. Documentation of such expenses will be provided to the DISTRICT upon request.

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2.

Other Services

Any services which are not included in the scope of services set forth in Exhibit A of this Agreement will be subject to separate, mutually acceptable fee structures.

IV.

TERM AND TERMINATION

This Agreement shall be effective from the Effective Date and shall continue until terminated by either party as provided herein. The DISTRICT has the right to terminate this Agreement for “good cause” which shall include misfeasance, malfeasance, nonfeasance or dereliction of duties by the MANAGER which, in each case, the MANAGER fails to cure within 10 days of notice thereof. Termination for “good cause” shall be effected immediately by provision of written notice to MANAGER. Either party hereto shall have the right to terminate this Agreement, at any time and for any reason whatsoever, upon (i) the DISTRICT providing to the MANAGER a minimum of thirty (30) days advance written notice of its intention to terminate or (ii) the MANAGER providing to the DISTRICT a minimum of sixty (60) days advance written notice of its intention to terminate. All notices shall be mailed to the person and address specified for use in the giving of notice, in paragraph 10, hereof. Should the relationship be terminated, MANAGER will be paid for all services performed and costs and expenses incurred up to the termination date.

V.

ASSIGNMENT

Neither party may assign this Agreement or its rights or obligations hereunder without the prior written consent of the other; provided, however, that MANAGER may, upon notice to the DISTRICT, assign MANAGER’s rights and obligations under this Agreement to any subsidiary or affiliate of MANAGER or a successor of MANAGER in connection with the sale of all or substantially all of MANAGER's assets. Subject to the foregoing, this Agreement shall be binding on the parties hereto and their respective successors and assigns.

VI.

OWNERSHIP OF INFORMATION, REPORTS, AND DATA

All information, data, reports, and records in the possession of the DISTRICT or any third party necessary for carrying out any services to be performed under this Agreement (“Data”) shall be furnished to MANAGER. DISTRICT may rely on the Data in connection with its provision of the services under this Agreement and the provider thereof shall remain solely responsible for the adequacy, accuracy or completeness of such Data.

VII.

NOTICES

All notices given under this Agreement shall be in writing, sent by certified mail, return receipt requested, or by nationally recognized courier, with written verification of receipt. Notices shall be addressed to the party for whom it is intended, at the designated addresses below. The parties designate the following as the respective places for giving notice, to-wit:

DISTRICT:
Hacienda Lakes Community Development District 3501 Quadrangle Blvd., Suite 270
Orlando, FL 32817 Attention: District Manager

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With A Copy To:

Coleman, Yovanovich & Koester, P.A. The Northern Trust Building
4001 Tamiami Trail North, Suite 300
Naples, Florida 34103 Attn: Greg Urbancic, Esq.

MANAGER:
PFM Group Consulting LLC
3501 Quadrangle Blvd., Suite 270
Orlando, FL 32817 Attention: Jennifer Walden

VIII.

TITLE TRANSFER

All materials, except functioning or dynamic financial models, prepared by MANAGER pursuant exclusively to this Agreement shall be the property of the DISTRICT. Subject to the foregoing exception, upon termination of this Agreement, at DISTRICT’s reasonable request no later than three (3) years after the termination of this Agreement MANAGER shall deliver to the DISTRICT copies of any and all materials or documents prepared, kept or maintained in accordance with this Agreement.

IX.

MANAGER’S REPRESENTATIVES

1.

Assignment of Named Individuals

The services set forth in this Agreement shall be provided by professional employees of MANAGER or affiliates of MANAGER in its sole discretion. The MANAGER may, from time to time, supplement or otherwise amend the team members.

2.

Changes in Staff Requested by the DISTRICT

The DISTRICT has the right to request, for any reason, MANAGER to replace any member of the MANAGER staff. Should the DISTRICT make such a request, MANAGER shall promptly suggest a substitute for approval by the DISTRICT.

X.

INSURANCE

MANAGER shall maintain insurance coverage with policy limits not less than as stated in Exhibit C.

XI.

GENERAL PROVISIONS

1.

MANAGER Not to Participate as Underwriter

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The MANAGER is precluded from being an underwriter of any debt obligations issued by the DISTRICT and shall not participate, in any manner, in the initial offering for the issuance of any of the DISTRICT's debt obligations.

2.

Limitation of Liability; Indemnification

To the extent not referenced herein, MANAGER shall not be responsible for the acts or omissions of any other contractor or any of its subcontractors, suppliers, or of any other individual or entity performing services which are not under the control or supervision of the MANAGER.

DISTRICT INDEMNIFICATION. To the extent allowable under applicable law (and only to the extent of the limitations of liability set forth in Section 768.28, Florida Statutes), and except and to the extent caused by the negligence or reckless and/or willful misconduct of the MANAGER, the DISTRICT agrees to indemnify, defend, and hold harmless the MANAGER and its officers, supervisors, staff, and employees from and against any and all liability, claims, actions, suits, demands, assessments or judgments asserted and any and all losses, liabilities, damages, costs, court costs, and expenses, including attorney's fees, that MANAGER may hereafter incur, become responsible for, or be caused to pay out arising out of or relating to the negligent or intentionally wrongful acts or omissions of the DISTRICT. The indemnification provided for herein shall not be deemed exclusive of any other rights to which the MANAGER may be entitled and shall continue after the MANAGER has ceased to be engaged under this Agreement.

MANAGER INDEMNIFICATION. The MANAGER agrees to indemnify, defend, and hold harmless the DISTRICT and its officers, supervisors, staff, and employees from and against any and all liability, claims, actions, suits, demands, assessments or judgments asserted and any and all losses, liabilities, damages, costs, court costs, and expenses, including attorney's fees, that the DISTRICT may hereafter incur, become responsible for, or be caused to pay out arising out of or relating to the failure to perform under this Agreement or at law, or negligent, reckless, and/or intentionally wrongful acts or omissions of the MANAGER. The indemnification provided for herein shall not be deemed exclusive of any other rights to which the DISTRICT may be entitled and shall continue after the MANAGER has ceased to be engaged under this Agreement.

SOVEREIGN IMMUNITY; INDEMNIFICATION OBLIGATIONS. Nothing herein shall be
construed to waive or limit the DISTRICT’S sovereign immunity limitations of liability as provided in Section 768.28, Florida Statutes, or other applicable law. Indemnification obligations under this Agreement shall include the payment of all settlements, judgments, damages, liquidated damages, penalties, forfeitures, back pay awards, court costs, arbitration and/or mediation costs, litigation expenses, attorney fees, and paralegal fees (incurred in court, out of court, on appeal, or in bankruptcy proceedings) as ordered.

3.

Disclaimer of MANAGER

The DISTRICT acknowledges that the MANAGER is not an attorney and may not render legal advice or opinions. Although the MANAGER may participate in accumulating information necessary for documents required by the DISTRICT to finalize any particular financing, such information shall be verified by the DISTRICT as to its correctness; provided, however, that the DISTRICT shall not be required to verify the correctness of any information originated by the MANAGER or the correctness of any information originated by the MANAGER which the MANAGER has used to formulate its opinions and advice given to the DISTRICT.

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4.

Attorney Fees and Governing Law

MANAGER and the DISTRICT agree that, should a disagreement arise as to the terms or enforcement of any provision of this Agreement, each party will in good faith attempt to resolve said disagreement prior to pursuing other action. This Agreement shall be construed, enforced, and administered in accordance with the laws of the State of Florida. In the event either party is required to take any action to enforce this Agreement, the substantially prevailing party shall be entitled to attorney’s fees and costs, including fees and costs incurred in determining entitlement to and reasonableness of such fees and costs.

5.

Time of the Essence

The DISTRICT and the MANAGER agree that time is of the essence and that the services of the MANAGER shall be performed expeditiously.

6.

Entire Agreement

This Agreement represents the entire agreement between DISTRICT and MANAGER for District Management Services contemplated hereby and supersedes all prior agreements, contracts, arrangements, or communications between the parties with respect to the subject matter addressed herein, whether oral or written. This Agreement may not be amended or modified except in writing signed by both parties. For the sake of clarity, any separate agreement between DISTRICT and MANAGER or any affiliate of MANAGER shall not in any way be deemed an amendment or modification of this Agreement. The invalidity in whole or in part of any provision of this Agreement shall not void or affect the validity of any other provision.

7.

Authority to Execute and Counterparts

Each party to this Agreement represents, warrants, and covenants to the other that the person or persons signing this Agreement on behalf of such party is authorized and empowered to sign and deliver this Agreement for such party, that such party has the lawful authority to enter into this relationship, and that the governing or managing body of each party has approved this relationship and has similarly authorized the execution of this Agreement. This Agreement may be signed in any number of counterparts, each of which shall be an original and all of which when taken together shall constitute one and the same document.

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8.

Public Records Disclosure

MANAGER understands and agrees that all documents of any kind provided to the DISTRICT in connection with this Agreement may be public records, and, accordingly, MANAGER agrees to comply with all applicable provisions of Florida law in handling such records, including but not limited to Section 119.0701, Florida Statutes. Consultant acknowledges that the designated public records custodian for the DISTRICT is PFM Group Consulting LLC (“Public Records Custodian”). Among other requirements and to the extent applicable by law, the MANAGER shall 1) keep and maintain public records required by the DISTRICT to perform the service; 2) upon request by the Public Records Custodian, provide the DISTRICT with the requested public records or allow the records to be inspected or copied within a reasonable time period at a cost that does not exceed the cost provided in Chapter 119, Florida Statutes; 3) ensure that public records which are exempt or confidential, and exempt from public records disclosure requirements, are not disclosed except as authorized by law for the duration of the Agreement term and following the Agreement term if the MANAGER does not transfer the records to the Public Records Custodian of the DISTRICT; and 4) upon completion of the Agreement, transfer to the DISTRICT, at no cost, all public records in MANAGER’s possession or, alternatively, keep, maintain and meet all applicable requirements for retaining public records pursuant to Florida laws. When such public records are transferred by the MANAGER, the MANAGER shall destroy any duplicate public records that are exempt or

confidential and exempt from public records disclosure requirements.

All records stored

electronically must be provided to the DISTRICT in a format that is compatible with Microsoft Word or Adobe PDF formats.

IF THE CONTRACTOR HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO THE CONTRACTOR’S DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS CONTRACT, CONTACT THE CUSTODIAN OF PUBLIC RECORDS AT (407) 723-5900, RECORDREQUEST@PFM.COM, OR 3501 QUADRANGLE BLVD., SUITE 270, ORLANDO, FLORIDA 32817.

9.

E-Verify Requirements

The Consultant shall comply with and perform all applicable provisions of Section 448.095, Florida Statutes. Accordingly, beginning January 1, 2021, to the extent required by Florida Statute, Consultant shall register with and use the United States Department of Homeland Security’s E-Verify system to verify the work authorization status of all newly hired employees. The District may terminate this Agreement immediately for cause if there is a good faith belief that the Consultant has knowingly violated Section 448.091, Florida Statutes. If the Consultant anticipates entering into agreements with a subcontractor for the Services, Consultant will not enter into the subcontractor agreement without first receiving an affidavit from the subcontractor regarding compliance with Section 448.095, Florida Statutes, and stating that the subcontractor does not employ, contract with, or subcontract with an unauthorized alien. Consultant shall maintain a copy of such affidavit for the duration of the agreement and provide a copy to the District upon request. In the event that the District has a good faith belief that a subcontractor has knowingly violated Section 448.095, Florida Statutes, but the Consultant has otherwise complied with its obligations hereunder, the District shall promptly notify the Consultant.

The Consultant agrees to immediately terminate the agreement with the subcontractor upon notice from the District. Further, absent such notification from the District, the Consultant or any subcontractor who has a good faith belief that a person or entity with which it is contracting has knowingly violated Section 448.09(1), Florida Statutes, shall promptly terminate its agreement with such person or entity. By entering into this Agreement, the Consultant represents that no public employer has terminated a contract with the Consultant under Section 448.095(2)(c), Florida Statutes, within the year immediately preceding the date of this Agreement.

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10.

Independent Contractor

MANAGER, its employees, officers and representatives at all times shall be independent contractors and shall not be deemed to be employees, agents, partners, servants and/or joint venturers of DISTRICT by virtue of this Agreement or any actions or services rendered under this Agreement. Nothing in this Agreement is intended or shall be construed to give any person, other than the Parties hereto, their successors and permitted assigns, any legal or equitable rights, remedy or claim under or in respect of this Agreement or any provisions contained herein. In no event will MANAGER be liable for any act or omission of any third party or for any circumstances beyond MANAGER’s reasonable control including, but not limited to, fire, flood, or other natural disaster, war, riot, strike, act of terrorism, act of civil or military authority, software and/or equipment failure, computer virus, or failure or interruption of electrical, telecommunications or other utility services.

In witness whereof, the parties hereto have executed this Agreement, in duplicate, as of the Effective Date above written.

Hacienda Lakes Community Development District

Sign: 	

Print Name: Mr. Gary Lichtle

Title: Chairman

PFM Group Consulting LLC

Jennifer Walden, Senior District Manager

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EXHIBIT A

SCOPE OF SERVICES

I.

General Management Services

General Consultation, Meetings, and DISTRICT Representation

The Manager shall organize the DISTRICT meetings. This includes, but is not limited to, providing the agenda and Board packages, scheduling, notification, publication and related matters. The service to be provided shall also include, but not be limited to planning, scheduling, production and quality control, coordination, and administration of various professional service elements.

The manager shall prepare and submit to the DISTRICT’s Board of Supervisors a proposed annual budget and administer the adopted budget of the DISTRICT.

As the DISTRICT’s Manager, we will consult with the DISTRICT Board of Supervisors and its designated representatives, and when necessary, participate in such meetings, discussions, project site visits, workshops, and hearings as may pertain to the administration, accomplishment and fulfillment of the professional services with regard to the projects and general interest of the DISTRICT.

The Manager shall consult with and advise the DISTRICT on matters related to the operation and maintenance of the DISTRICT and assist the DISTRICT to ensure compliance with all statutes and applicable law affecting the DISTRICT. The Manager will facilitate contracting with a third party website provider and assist the website provider with the maintenance of the DISTRICT’s website in compliance with applicable law. The Manager will also coordinate with the website provider to ensure an e-mail system is in place which provides a separate “CDD e-mail address” for all Board members with an archiving system which will allow the Manager to respond to public records requests and maintain e-mails in compliance with applicable records retention law.

II.

Accounting Services

The Manager shall define and implement an integrated management reporting system which will allow the DISTRICT to represent fairly and with full disclosure the financial position of the DISTRICT. Monthly financial statements will be provided in addition to a year-end audited financial statement to be prepared by a certified public accounting firm selected by the DISTRICT. These services will be coordinated with the DISTRICT’s auditors to assure a smooth and efficient audit of the DISTRICT’s books.

III.

Minutes and Records

The Manager shall define and implement a system of record management for the DISTRICT, including a concise and accurate record of the official actions of the Board of Supervisors and any appointed boards or committees, and shall oversee the maintenance and disclosure of DISTRICT’s records pursuant to Florida law.

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IV.

Annual Assessments, Lien Book Maintenance and Disclosure

The Manager will maintain the tax roll for the DISTRICT and coordinate and report to the Tax Assessor and Tax Collector for the jurisdiction in which the DISTRICT exists.

The Manager will administer the DISTRICT’s assessment methodology during platting and maintain the DISTRICT’s lien book and release of liens at closings.

The Manager will provide continuing disclosure filing coordination and assistance for DISTRICT debt issues on EMMA as required by the MSRB and other regulatory agencies.

V.

Other Services

Other applicable services requested or required by the DISTRICT, including but not limited to, testifying in litigation, as requested by the DISTRICT (subject to review and approval), may be provided at the option of the Manager. If provided, such services shall be billed on a time and materials basis in accordance with Exhibit B or other arrangement mutually agreed upon by the DISTRICT and the Manager.

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EXHIBIT B

COMPENSATION FOR SERVICES

MANAGER shall be compensated for the provision of the services described in Exhibit A based on the fee schedule below. The fees do not include reimbursable expenses (as described in Section III.1. herein) related to regularly scheduled DISTRICT Board meetings. Fees will be reviewed and may be adjusted annually as reflected in the DISTRICT’s approved budget.

District Management*

Annual Fee

Management/Administrative/Accounting
Services

$51,600

Debt Issue Services

Annual Fee

Assessment Administration
Continuing Disclosure Services

$5,000 per Series
$2,500 per Series

Additional Services**

Cost of Issuance (per series of bonds)

District Management Services Cost of
Issuance
Disclosure Services Cost of Issuance

$10,000

$1,500

* Maximum of 12 District public meetings per year. Fee billed monthly in advance.

**Additional Services – District Management Services Cost of Issuance. These fees are applicable for any bond or debt issued by the District and payable at closing as part of the Cost of Issuance. These fees are not related to the Operating & Maintenance Budget for the District.

The fees outlined above may be increased or otherwise amended annually as reflected in the adopted Budget for the District. New fees will become effective on October 1 of the applicable budget year.

Any services provided by the MANAGER that has not been outlined in “Exhibit B” above or via separate agreement, will be billed on a time and material basis pursuant to the MANAGER’s hourly fee schedule set forth below.

The MANAGER’s prevailing hourly rates are as follows:

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Title

Hourly Rate

Managing Director

$	325

Director / Senior District Manager/ Senior District Accountant

$	275

Senior Analyst / District Manager/ District Accountant

$	150

Assistant District Manager

$	100

Administrative Assistant / Bookkeeper

$	50

INSURANCE

PFM Group Consulting LLC (“PFM”) acting as MANAGER shall provide and maintain the following levels of insurance coverage at all times subsequent to the execution of this Agreement:

PFM Group Consulting LLC (“PFM”) has a complete insurance program, including property, casualty, general liability, automobile liability and workers compensation. PFM maintains Professional (E&O)/Cyber Liability coverage which total $5 million single loss/ aggregate.

Our Professional/Cyber Liability policies are a “claims made” policy and our General Liability policy claims would be made by occurrence.

Deductibles/SIR:
Automobile $100 comprehensive & $1,000 collision General Liability $0
Professional (E&O)/ Cyber Liability $250,000 Crime $50,000

Insurance Company & AM Best Rating
Professional Liability (E&O)	AIG Specialty Insurance Company; (A; Stable)
Cyber Liability	AIG Specialty Insurance Company (A; Stable)
Crime	Berkley Regional Insurance Company; (A+; Stable)
General Liability	The Phoenix Insurance Company; (A++ Stable)
Automobile Liability	St. Paul Protective Insurance Company; (A++ Stable)
Excess /Umbrella Liability	Travelers Property Casualty Company of America;
(A++ Stable)
Workers Compensation	Travelers Casualty Ins Co of America; (A++ Stable)
& Employers Liability

11

Rev. 08.20.25

EXHIBIT 7

February 14, 2026

Mr. Gary Lichtle Chairman
Hacienda Lakes Community Development District 707 Orchid Drive, Suite 100
Naples, FL 34102

Dear Mr. Lichtle:

Please accept this letter as confirmation that our affiliate, PFM Group Consulting LLC (“PFM”), has entered into a consulting agreement with Real Estate Econometrics Inc. (“REE”) that will provide for Russ Weyer’s continued involvement in the management of the Hacienda Lakes Community Development District (the “District) through at least December 31, 2026.

3501 Quadrangle Blvd.,
Suite 270
Orlando, FL 32817
407.723.5900
pfm.com

Over the coming months, we will work closely with Russ and the District to integrate select members of PFM’s district management services team to gain a clear understanding of the District’s goals and objectives and to ensure a smooth transition.

On behalf of my PFM colleagues, we very much appreciate the opportunity to serve the District and to maintain the high level of district management services for which you are accustomed.

Sincerely,

D. Brent Wilder, Managing Director PFM Financial Advisors LLC

EXHIBIT 8

Cash Flow
Hacienda Lakes Community Development District
October 1, 2025-January 31, 2026

Distribution account

Total

Income
1361001 Interest Revenue 1363116 Off Roll Assessments
1363118 Excess Commission Refund 1363216 On Roll O&M Assessments
Total for Income

0.00
36,698.94
17,048.02
299,230.78

$352,977.74

Expenses
1100000 Administrative
1511001 P/R - Board of Supervisors
1512100 P/R - Management Consulting Services 1513000 Miscellaneous Expense
1513014 Website Hosting & Management 1513020 Office Expense
1513048 District Filing Fee 1513055 Legal Advertising
1513060 Assessment Administration Services 1513070 Auditing Services
1513075 Accounting Services
1513080 Engineering Services 1513100 Insurance- General Liability 1514010 Legal Services
Total for 1100000 Administrative
1160000 Field Operations 1531010 Electricity - General
1572010 LANDSCAPING & MAINTENANCE
1572011 Landscaping Miscellaneous
1572012 Irrigation Pump Replacement - Esplanade 1572014 Irrigation Repairs
1572015 Mulch Installation
1572016 Plant Replacement
1572018 Tree Trimming
1572019 1572019 Carman Road Landscape Maintenance 1572021 Aquifer Monitoring Well
1572030 Lake Maintenance
1572031 Lake Bank and Drainage Repair 1572040 Signage
1572042 Holiday Decorations
1572044 Pressure Cleaning 1572060 Water Use Monitoring 1572070 Fountain Maintenance
1572080 Sabal Palm Culvert Cleaning 1572082 General Culvert Cleaning
1572110 Miscellaneous Repairs and Maintenance
Total for 1160000 Field Operations

1,000.00
14,000.00
0.00
2,039.98
128.64
175.00
190.16
13,541.05
0.00
4,000.00
660.00
7,551.00
7,385.18

$50,671.01

4,708.21
33,805.00
0.00
0.00
4,801.98
0.00
5,725.38
10,000.00
2,712.45
1,200.00
11,287.56
377.10
0.00
4,000.00
1,350.00
2,375.00
0.00
0.00
0.00
0.00

$82,342.68

Total for Expenses

$133,013.69

Net Cash Flow

$219,964.05

Hacienda Lakes Community Development District Budget to Actual
Through January 31, 2026

Total

Budget

Variance

Income
1361001 Interest Revenue 1363116 Off Roll Assessments
1363118 Excess Commission Refund 1363216 On Roll O&M Assessments
Total Income Expenses
1100000 Administrative
1511001 P/R - Board of Supervisors 1511119 P/R - Payroll Service Fee
1512100 Management Consulting Services 1513000 Miscellaneous Expense
1513014 Website Hosting & Management 1513020 Office Expense
1513048 District Filing Fee 1513055 Legal Advertising
1513060 Assessment Administration Servi 1513063 Assessment Roll Preparation 1513070 Audit Services
1513075 Accounting Services
1513080 Engineering Services 1513100 Insurance- General Liability 1514010 Legal Services
Total 1100000 Administrative
1160000 Field Operations 1531010 Electricity - General
1572010 Landscaping & Maintenance 1572012 Irrigation Pump Replacement 1572013 Irrigation Pump Maintenance 1572014 Irrigation Repairs
1572017 Sod Replacement
1572018 Tree Pruning
1572015 Mulch Installation
1572016 Plant Replacement
1572019 Carman Road Landscape Maintenance 1572021 Aquifer Monitoring Well
1572030 Lake Maintenance
1572031 Lake Bank and Drainage Repair 1572035 Lake Testing
1572040 Signage
1572042 Holiday Decorations
1572044 Pressure Cleaning 1572060 Water Use Monitoring 1572065 SFWMD ERP Annual Report 1572070 Fountain Maintenance
1572080 Sable Palm Culverts Cleaning 1572080 General Culverts Cleaning
1572110 Miscellaneious Repairs and Maintenance Total 1160000 Field Operations
Total Expenses

$0.00 36,698.94
17,048.02
299,230.78

0.00
53,234.55
0.00
324,975.45

$0.00
-$16,535.61
$17,048.02
-$25,744.67

$352,977.74

$378,210.00

-$25,232.26

$1,000.00
$0.00 14,000.00
0.00
2,039.98
128.64
175.00
190.16
13,541.05
0.00
0.00
4,000.00
660.00
7,551.00
7,385.18

$4,000.00
$175.00 42,000.00
0.00
2,500.00
750.00
175.00
3,000.00
16,000.00
3,500.00
7,000.00
9,000.00
5,000.00
7,000.00
10,000.00

$3,000.00
$175.00
$28,000.00
$0.00
$460.02
$621.36
$0.00
$2,809.84
$2,458.95
$3,500.00
$7,000.00
$5,000.00
$4,340.00
-$551.00
$2,614.82

$50,671.01

$110,100.00

$59,428.99

4,708.00
33,805.00
0.00
0.00
4,801.98
0.00
10,000.00
0.00
5,725.38
2,712.45
1,200.00
11,287.56
377.10
0.00
0.00
4,000.00
1,350.00
2,375.00
0.00
0.00
0.00
0.00
0.00

15,000.00
99,600.00
0.00
3,600.00
12,000.00
1,000.00
10,000.00
10,000.00
10,000.00
9,360.00
0.00
36,850.00
0.00
200.00
1,500.00
8,000.00
1,500.00
14,000.00
1,500.00
2,500.00
7,000.00
0.00
0.00

10,292.00
65,795.00
0.00
3,600.00
7,198.02
1,000.00
0.00
10,000.00
4,274.62
6,647.55
-1,200.00
25,562.44
-377.10
200.00
1,500.00
4,000.00
150.00
11,625.00
1,500.00
2,500.00
7,000.00
0.00
0.00

82,342.47

243,610.00

161,267.53

$133,013.48

$353,710.00

$220,696.52

Net Cash Flow

$219,964.26

$24,500.00

$195,464.26

HLCDD General Fund Analysis
January 31, 2026

Fund Type

Amount

Bank Balance:

$557,311.78

Off Roll Assessments Receivable

16,536.61

On Roll Assessments Receivable

25,744.67

Remaining FY 2025 Budget:

-234,806.70

First Two months of FY 2026-27 Budget:

-34,000.00

Pump Replacement Reserve:

-100,000.00

Lake Bank Restoration Reserve:

-50,000.00

Debt Service to Trustee

0.00

General Reserves:

	$180,786.36

Total Reserves:

$330,786.36

EXHIBIT 9

FIGURE 1- PLOT OF WATER LEVEL ELEVATIONS FOR MONITORING WELL MW-1.

10

9

8

7

6

5

4

3

2

1

0

Oct-23

Nov- Dec- Jan- Feb- Mar- Apr- May- Jun-  Jul-  Aug- Sep- Oct- Nov- Dec- Jan- Mar- Apr- May- Jun-  Jul-  Aug- Sep-

Oct- Nov-

23

23

24

24

24

24

24

24

24

24

24

24

24

24

25

25

25

25

25

25

25

25

25

25

DATE

Water Level (Ft NGVD)

Water Level (Ft NGVD)

RECEIVED DISTRICT CLERK’S OFFICE
4:35 pm Feb 5, 2026
SOUTH FLORIDA
WATER MANAGEMENT DISTRICT

Drought in Florida is worst since 2012

Risks extend from agriculture to estuaries

Kimberly Miller

USA TODAY NETWORK – FLORIDA

A new report shows Florida’s drought deepening to include 99% of the state with millions of people living under conditions parched enough to warrant burn bans, water shortage warnings and heightened concerns over wildfires.

The U.S Drought Monitor’s Feb. 12 report showed extreme drought spreading to 43% of the state including much of North Florida, parts of the Tampa Bay Area and portions of the Treasure Coast.

It’s a level of drought that South Florida Water Management District Board Chairman Chauncey Goss said affects everything from agriculture to oysters.

“Someone mentioned water supply risks,” Goss said during a Feb. 12 meeting of the board, which oversees water distribution and flood control from Orlando to the Keys. “But there are also estuarine risks and lake health risks and Everglades risks.”

The drought is the worst the state has seen since 2012.

On Feb. 6, warnings were issued to six South Florida counties as surface water supplies dwindle and fresh-water aquifers shrink to critically low levels, risking saltwater intrusion in reserves that feed the faucets of millions of people.

The South Florida Water

Management District urged residents in Miami-Dade, Monroe, Collier, Lee, Highlands and Glades counties to reduce landscape watering to once per week, avoid cleaning sidewalks and driveways, to wash their cars on their lawns, limit showers and laundry, and only run dishwashers when full.

Adherence to the requests is voluntary.

Is rain coming soon to Florida?

But if water supplies don’t rebound, and with three months until the start of the rainy season, it’s possible they could become mandatory to “prevent serious harm to water resources,” according to the water management district.

“We are in the hole, and until we get significant rainfall, we are not going to make up the deficit,” said Miami-based National Weather Service meteorologist Sammy Hadi. “We would need a really good, prolonged soaking to make a dent in the drought.”

And it’s not just South Florida. The most serious drought started in the upper tier of the Panhandle along the I-10 corridor and went on to consume counties in the Big Bend region. It slid south along the Gulf Coast into Manatee, Sarasota and Hillsborough counties, then past Lake Okeechobee and didn’t stop until it dead-ended at Florida Bay.

As of the Feb. 12 drought report, about 18 million Floridians were living in areas suffering from drought. According to the U.S. Drought Monitor, 99% of the state is in some stage of drought including 43% that is experiencing extreme drought. Extreme drought ranks third on a four-tier severity scale.

The National Weather Service in Miami said there is an extreme risk of wildfires over the southern portions of the Everglades, with a high risk of wildfires over metro areas of Palm Beach County. Broward and Miami-Dade counties have a moderate risk of wildfires.

Meteorologists aren’t expecting much change in the near future and the Climate Prediction Center said drought should continue in Florida through the spring.

“There is a weather system coming Sunday (Feb. 15) with a better chance of rain,” said Inspire Weather meteorologist and former Tampa area NWS meteorologist Brian LaMarre. “It’s not the type of system that will end the drought, but any rain helps.”

It’s also unlikely to thwart wildfire dangers.

The light showers that came with this winter’s mostly dry cold fronts have been enough to wet grasses and twigs. But windy conditions under sunny skies means they are dry again within an hour, said Todd Chlanda, wildfire mitigation specialist for areas in Hillsborough, Pinellas and Polk counties.

Statewide, 128 wildfires burned as of Feb. 11, according to the Florida Forest Service.

How did the wildfire start in Brevard County on I-95?

They’ve snarled traffic, including shutting down all lanes on I-95 in both directions in Brevard County, and forced schools to cancel classes in Pasco County. Burn bans have been issued in 32 counties as of Feb. 12, and on Feb. 10, a Big Cypress Wildlife Management Area fire could be seen on Miami radar. Areas from Key West to Apalachicola are ranking in the top 10 for their driest winter on record.

Since Dec. 1, 2026, West Palm Beach has had just 1.35 inches of rain, making this its fourth driest winter in 130 years of measurements. Fort Pierce is in its third driest winter, and Gainesville is in its sixth driest.

Chlanda said they are still investigating how fires in his area started, but noted that a spark from a chain dragging behind a car, or even heat from a car parked on the side of the road could be enough to make a flame.

“The humidities have been down, the wind has been up, and the sun has been shining. People say it’s beautiful weather, and it is, but for wildfires, it’s the worst time,” Chlanda said.

A handful of meteorological events led to Florida’s deepening drought.

The 2025 wet season was marked by a lack of tropical systems in Florida, that, for better or worse, can bring several inches of rain in a short period of time. Last hurricane season’s tropical cyclones were partly deflected by a trough of low pressure off the east coast of the U.S., which also allowed dry northern air to bleed south.

At the same time, sea breeze-initiated thunderstorms in the toe of the state moved mostly inland, pinning the rain in the center of the Peninsula or closer to the west coast.

More: Florida freeze devastated crops; will it push up grocery prices?

By October, instead of being swollen with water as the wet season waned, 30% of Florida was already in drought.

Rounds of winter cold fronts have subsequently pushed farmers to draw heavily on water supplies in an effort to protect their crops from freezing and dehydration.

The South Florida Water Management District, which oversees 16 counties from Orlando to the Keys, said it is doing what it can to hold as much water in the system as possible.

“We are very thankful we didn’t have a devastating hurricane, but now we’re looking at extreme drought and its impacts,” LaMarre said. “It’s feast or famine.”

Kimberly Miller is a journalist for the USA TODAY NETWORK FLORIDA. She covers weather, the environment and critters as the Embracing Florida reporter. If you have news tips, please send them to kmiller@pbpost.com. You can get all of Florida’s best content directly in your inbox each weekday by signing up for the free newsletter, Florida TODAY, at https://palmbeachpost. com/newsletters.

Saturday, 02/14/2026 Page .A01

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EXHIBIT 10