Coquina Shores Community Development District 475 West Town Place, Suite 114
St. Augustine, Florida 32092 www.coquinashorescdd.com
July 16, 2026

Board of Supervisors Coquina Shores CDD
Call-in #: 1-877-304-9269; Code 3006875

Dear Board Members and Staff:

The Coquina Shores Community Development District Board of Supervisors Meeting is scheduled for Thursday, July 23, 2026 at 2:00 p.m. at the Hilton Garden Inn Palm Coast Town Center, 55 Town Center Boulevard, Palm Coast, Florida 32164.
Following is the agenda for the meeting:

	I.	Call to Order

	I.	Public Comment

	I.	Approval of Minutes of the May 21, 2026 Meeting

	I.	Discussion of the Fiscal Year 2027 Budget

	I.	Actions Related to Issuance of Surety Bond

	I.	Staff Reports
	A.	District Counsel

	A.	District Engineer – Requisition Summary

	A.	District Manager

	I.	Financial Reports
	A.	Financial Statements as of May 31, 2026

	A.	Check Registers

	I.	Other Business

	I.	Supervisors’ Requests and Audience Comments
	II.	Next Scheduled Meeting – Thursday, August 20, 2026 at 2:00 p.m. at the Hilton Garden Inn Palm Coast Town Center

	I.	Adjournment

MINUTES
MINUTES OF MEETING
COQUINA SHORES COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Coquina Shores Community Development District was held on Thursday, May 21, 2026 at 2:05 p.m. at the Hilton Garden Inn Palm Coast Town Center, 55 Town Center Boulevard, Palm Coast, Florida 32164.

Present and constituting a quorum were:

Blaz Kovacic	Chairman
Marcy McBride by phone	Vice Chair
Matthew Fossler	Supervisor
Bill Livingston	Supervisor
Brett North by phone	Supervisor

Also present were:

Jim Oliver	District Manager
Hunter Hurley by phone	District Counsel
Scott Lockwood by phone	District Engineer
Daniel Harvey	Governmental Management Services

The following is a summary of the discussions and actions taken at the May 21, 2026 meeting.

FIRST ORDER OF BUSINESS	Roll Call
Mr. Oliver called the meeting to order at 2:05 p.m.

SECOND ORDER OF BUSINESS	Public Comment
There being no members of the public present, the next item followed.

THIRD ORDER OF BUSINESS	Approval of Minutes of the April 16,
2026 Meeting
There were no revisions to the minutes.

May 21, 2026	Coquina Shores CDD

FOURTH ORDER OF BUSINESS	Consideration of Resolution 2026-04,
Approving the Proposed Budget for Fiscal Year 2027 and Setting a Public Hearing Date
Mr. Oliver presented the proposed budget for fiscal year 2027, noting the budget as presented would result in an increase in the assessments to be direct billed, largely due to additional funds being set budgeted for maintaining preserve areas and the stormwater system.

FIFTH ORDER OF BUSINESS	Consideration of Resolution 2026-05,
Setting a Public Hearing to Adopt Revised Rules of Procedure
Mr. Oliver stated that District Counsel has updated the rules of procedure to include changes made during recent legislative sessions.

SIXTH ORDER OF BUSINESS	Staff Reports
	A.	District Counsel
There being nothing to report, the next item followed.

	A.	District Engineer – Consideration of Requisition No. 11
A copy of requisition number 11, totaling $152,086.76 payable to S.E. Cline Construction was presented to the Board.

Mr. Fossler asked if S.E. Cline has been made aware of the certification requirements in order for pay application number for the release of retainage to be paid.

2
May 21, 2026	Coquina Shores CDD

Mr. Kovacic responded that he has communicated the Board’s intent not to release the last payment application until after all of the closing documents have been processed by the regulatory agencies.

	A.	District Manager – Report on the Number of Registered Voters (0)
Mr. Oliver stated that the Supervisor of Elections has reported there to be zero registered voters residing within the District’s boundaries.
Next, Mr. Oliver reminded the board members to file their Form 1 by July 1st and to complete four hours of ethics training by December 31st.
SEVENTH ORDER OF BUSINESS	Financial Reports
	A.	Financial Statements as of March 31, 2026
Copies of the financial statements were included in the agenda package for the Board’s
review.

	A.	Check Register
A copy of the check register totaling $4,917.17 was included in the agenda package for the Board’s review.

	A.	Consideration of Construction Funding Request
A copy of construction funding request number one totaling $143,461.16 was presented to the Board.

EIGHTH ORDER OF BUSINESS	Other Business
Mr. Kovacic and Mr. Livingston stated that they could not attend the June meeting. The Board discussed possibly canceling the meeting.

NINTH ORDER OF BUSINESS	Supervisors’	Requests	and	Audience
Comments

3
May 21, 2026	Coquina Shores CDD

TENTH ORDER OF BUSINESS	Next Scheduled Meeting – Thursday, June
18, 2026 at 2:00 p.m. at the Hilton Garden Inn Palm Coast Town Center
ELEVENTH ORDER OF BUSINESS	Adjournment

Secretary/Assistant Secretary	Chairman/Vice Chairman

4

FOURTH ORDER OF BUSINESS

Coquina Shores	
Community Development District	

Approved Budget	
FY 2027	

July 23, 2026
Table of Contents

1		General Fund

2-3		Narratives

4-5		Debt Service Fund Series 2025

6		Assessment Schedule
Coquina Shores	
Community Development District	
Approved Budget	
General Fund	

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Approved Budget	
Description	FY2026	5/31/26	4 Months	9/30/26	FY 2027	

REVENUES:

Special Assessments	$182,962	$182,962	$-	$182,962	$233,360	
Developer Contribution	-	9,006	-	9,006	-	

TOTAL REVENUES	$182,962	$191,968	$-	$191,968	$233,360	

EXPENDITURES:

Administrative:						
Supervisor Fees	$12,000	$1,000	$800	$1,800	$12,000	
FICA Taxes	918	77	61	138	918	
Engineer	12,000	15,617	6,000	21,617	18,000	
Attorney	25,000	2,684	22,316	25,000	25,000	
Annual Audit	3,300	4,800	-	4,800	4,800	
Assessment Administration	7,500	-	-	-	7,950	
Arbitrage Rebate	600	-	-	-	-	
Dissemination Agent	7,500	4,375	2,500	6,875	7,950	
Trustee Fees	4,600	1,250	-	1,250	4,600	
Management Fees	47,250	31,500	15,750	47,250	50,085	
Information Technology	2,003	1,335	668	2,003	2,124	
Website Maintenance	1,336	891	445	1,336	1,416	
Telephone	500	78	122	200	500	
Postage & Delivery	1,500	42	58	100	1,000	
General Liability and Public Officials Insurance	5,500	5,512	-	5,512	6,063	
Printing & Binding	1,200	299	201	500	1,200	
Legal Advertising	5,000	315	4,685	5,000	5,000	
Other Current Charges	4,080	2,244	1,200	3,444	4,080	
Office Supplies	1,000	1	20	21	500	
Dues, Licenses & Subscriptions	175	219	-	219	175	

TOTAL ADMINISTRATIVE	$142,962	$72,238	$54,826	$127,065	$153,360	

Operation and Maintenance						
Operation and Maintenance	40,000	-	20,000	20,000	80,000	

TOTAL OPERATION AND MAINTENANCE	$40,000	$-	$20,000	$20,000	$80,000	

TOTAL EXPENDITURES	$182,962	$72,238	$74,826	$147,065	$233,360	

Other Sources/(Uses)

Transfer In/(Out)	-	-	-	-	-	

TOTAL OTHER SOURCES/(USES)	$-	$-	$-	$-	$-	

EXCESS REVENUES (EXPENDITURES)	$-	$119,729	$(74,826)	$44,903	$-	
Coquina Shores						
Community Development District						
Budget Narrative						

REVENUES	

Special Assessments	
The District will levy a Non-Ad Valorem assessment on all sold and platted parcels within the District in order to pay for the operating expenditures during the Fiscal Year or direct bill developers to cover operating expenses.	
Developer Contribution	
It is presently anticipated that the District will enter into a Funding Agreement with the Developer to fund all General Fund Expenditures for the Fiscal Year.	
Interest	
The District earns interest on the monthly average collected balance for each of their investment accounts.	

Expenditures - Administrative	

Supervisors Fees	
Chapter 190 of the Florida Statutes allows for members of the Board of Supervisors to be compensated $200 per meeting in which they attend. The budgeted amount for the fiscal year is based on all supervisors attending 12 meetings.	
FICA Taxes	
Payroll taxes on Board of Supervisor’s compensation. The budgeted amount for the fiscal year is calculated at 7.65% of the total Board of Supervisor’s payroll expenditures.	
Engineering	
The District's engineer will provide general engineering services to the District, i.e. attendance and preparation for monthly board meetings, review of invoices, and other specifically requested assignments.	
Attorney	
The District’s Attorney, will be providing general legal services to the District, i.e., attendance and preparation for monthly Board meetings, review of contracts, review of agreements and resolutions, and other research assigned as directed by the Board of Supervisors and the District Manager.	
Annual Audit	
The District is required to conduct an annual audit of its financial records by an Independent Certified Public Accounting Firm. The budgeted amount for the fiscal year is based on contracted fees.	
Assessment Roll Administration	
GMS, LLC provides assessment services for closing lot sales, assessment roll services with the local Tax Collector and financial advisory services.	
Arbitrage Rebate	
The District is required to annually have an arbitrage rebate calculation on the District’s Assessment Revenue Bonds. The District will contract with an Independent Certified Accounting Firm. to calculate the rebate liability and submit a report to the District.	
Dissemination Agent	
The District is required by the Security and Exchange Commission to comply with Rule 15(c)(2)-12(b)(5), which relates to additional reporting requirements for un-rated bond issues.	
Trustee Fees	
The District bonds will be held and administered by a Trustee. This represents the trustee annual fee.	
Management Fees	
The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services, LLC. The budgeted amount for the fiscal year is based on the contracted fees outlined in Exhibit "A" of the Management Agreement.	
Information Technology	
The District processes all of its financial activities, i.e. accounts payable, financial statements, etc. on a main frame computer leased by Governmental Management Services, LLC.	
Website Maintenance	
Per Chapter 2014-22, Laws of Florida, all Districts must have a website to provide detailed information on the CDD as well as links to useful websites regarding Compliance issues. This website will be maintained by GMS, LLC and updated monthly.	
Telephone	
Phone, internet, and Wi-Fi service for Office.	
Coquina Shores	
Community Development District	
Budget Narrative	

Expenditures - Administrative (continued)	
Postage and Delivery	
Actual postage and/or freight used for District mailings including agenda packages, vendor checks and other correspondence.	
General Liability and Public Officials Insurance	
The District's General Liability & Public Officials Liability Insurance policy is with a qualified entity that specializes in providing insurance coverage to governmental agencies. The amount is based estimated premiums.	
Printing and Binding	
Copies used in the preparation of agenda packages, required mailings, and other special projects.	
Legal Advertising	
The District is required to advertise various notices for monthly Board meetings and other public hearings in a newspaper of general circulation.	
Current Other Charges	
This includes monthly bank charges, meeting site fees, and any other miscellaneous expenses that incur during the year.	
Office Supplies	
Supplies used in the preparation and binding of agenda packages, required mailings, and other special projects.	
Due, Licenses & Subscriptions	
The District is required to pay an annual fee to the Florida Department of Commerce for $175.	

Expenditures – Operations	

Operations and Maintenance	
Estimated cost related to operations and miantenance of any improvements which may come on line during FY27.	
Coquina Shores	
Community Development District	
Approved Budget	
Debt Service Series 2025 Special Assessment Bonds	

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Approved Budget	
Description	FY2026	5/31/26	4 Months	9/30/26	FY 2027	

REVENUES:

Special Assessments-Tax Roll	$186,120	$-	$-	$-	$93,406	
Special Assessments-Direct Bill	270,666	270,666	-	270,666	$270,666	
Interest Earnings	-	4,392	2,010	6,402	2,000	
Carry Forward Surplus (1)	-	18,177	-	18,177	113,849	

TOTAL REVENUES	$456,786	$293,235	$2,010	$295,245	$479,922	

EXPENDITURES:

Series 2020A1						
Interest 11/1	$18,177	$18,177	$-	$18,177	$104,373	
Interest 5/1	105,541	105,541	-	105,541	104,373	
Principal 5/1	55,000	55,000	-	55,000	60,000	

TOTAL EXPENDITURES	$178,718	$178,718	$-	$178,718	$268,745	

Other Sources/(Uses)

Interfund transfer In/(Out)	$-	$(2,678)	$-	$(2,678)	$-	

TOTAL OTHER SOURCES/(USES)	$-	$(2,678)	$-	$(2,678)	$-	

TOTAL EXPENDITURES	$178,718	$181,395	$-	$181,395	$268,745	

EXCESS REVENUES (EXPENDITURES)	$278,068	$111,839	$2,010	$113,849	$211,177	

(1) Carry Forward is Net of Reserve Requirement
Coquina Shores	
Community Development District	
AMORTIZATION SCHEDULE	
Debt Service Series 2025 Special Assessment Bonds	

Period	Outstanding Balance	Coupons	Principal	Interest	Annual Debt Service	

11/01/26	3,810,000	4.250%	-	104,372.50	104,372.50	
05/01/27	3,810,000	4.250%	60,000	104,372.50		
11/01/27	3,750,000	4.250%	-	103,097.50	267,470.00	
05/01/28	3,750,000	4.250%	60,000	103,097.50		
11/01/28	3,690,000	4.250%	-	101,822.50	264,920.00	
05/01/29	3,690,000	4.250%	60,000	101,822.50		
11/01/29	3,630,000	4.250%	-	100,547.50	262,370.00	
05/01/30	3,630,000	4.250%	70,000	100,547.50		
11/01/30	3,560,000	4.250%	-	99,060.00	269,607.50	
05/01/31	3,560,000	4.250%	70,000	99,060.00		
11/01/31	3,490,000	4.250%	-	97,572.50	266,632.50	
05/01/32	3,490,000	4.250%	70,000	97,572.50		
11/01/32	3,420,000	4.250%	-	96,085.00	263,657.50	
05/01/33	3,420,000	5.500%	75,000	96,085.00		
11/01/33	3,345,000	5.500%	-	94,022.50	265,107.50	
05/01/34	3,345,000	5.500%	80,000	94,022.50		
11/01/34	3,265,000	5.500%	-	91,822.50	265,845.00	
05/01/35	3,265,000	5.500%	85,000	91,822.50		
11/01/35	3,180,000	5.500%	-	89,485.00	266,307.50	
05/01/36	3,180,000	5.500%	90,000	89,485.00		
11/01/36	3,090,000	5.500%	-	87,010.00	266,495.00	
05/01/37	3,090,000	5.500%	90,000	87,010.00		
11/01/37	3,000,000	5.500%	-	84,535.00	261,545.00	
05/01/38	3,000,000	5.500%	100,000	84,535.00		
11/01/38	2,900,000	5.500%	-	81,785.00	266,320.00	
05/01/39	2,900,000	5.500%	105,000	81,785.00		
11/01/39	2,795,000	5.500%	-	78,897.50	265,682.50	
05/01/40	2,795,000	5.500%	115,000	78,897.50		
11/01/40	2,680,000	5.500%	-	75,735.00	269,632.50	
05/01/41	2,680,000	5.500%	115,000	75,735.00		
11/01/41	2,565,000	5.500%	-	72,572.50	263,307.50	
05/01/42	2,565,000	5.500%	120,000	72,572.50		
11/01/42	2,445,000	5.500%	-	69,272.50	261,845.00	
05/01/43	2,445,000	5.500%	130,000	69,272.50		
11/01/43	2,315,000	5.500%	-	65,697.50	264,970.00	
05/01/44	2,315,000	5.500%	135,000	65,697.50		
11/01/44	2,180,000	5.500%	-	61,985.00	262,682.50	
05/01/45	2,180,000	5.500%	145,000	61,985.00		
11/01/45	2,035,000	5.500%	-	57,997.50	264,982.50	
05/01/46	2,035,000	5.700%	155,000	57,997.50		
11/01/46	1,880,000	5.700%	-	53,580.00	266,577.50	
05/01/47	1,880,000	5.700%	165,000	53,580.00		
11/01/47	1,715,000	5.700%	-	48,877.50	267,457.50	
05/01/48	1,715,000	5.700%	175,000	48,877.50		
11/01/48	1,540,000	5.700%	-	43,890.00	267,767.50	
05/01/49	1,540,000	5.700%	185,000	43,890.00		
11/01/49	1,355,000	5.700%	-	38,617.50	267,507.50	
05/01/50	1,355,000	5.700%	195,000	38,617.50		
11/01/50	1,160,000	5.700%	-	33,060.00	266,677.50	
05/01/51	1,160,000	5.700%	205,000	33,060.00		
11/01/51	955,000	5.700%	-	27,217.50	265,277.50	
05/01/52	955,000	5.700%	220,000	27,217.50		
11/01/52	735,000	5.700%	-	20,947.50	268,165.00	
05/01/53	735,000	5.700%	230,000	20,947.50		
11/01/53	505,000	5.700%	-	14,392.50	265,340.00	
05/01/54	505,000	5.700%	245,000	14,392.50		
11/01/54	260,000	5.700%	-	7,410.00	266,802.50	
05/01/55	260,000	5.700%	260,000	7,410.00		
					267,410.00	
Total			$3,810,000	$4,002,735	$7,812,735.00	
Coquina Shores						
Community Development District						
Non-Ad Valorem Assessments Comparison						
2026-2027						

Product Type	O&M Units	Bonds 2025
Units	
Annual Maintenance Assessments	
Annual Debt Assessments	
Total Assessed Per Unit							
	
FY 2027	
FY2026	Increase/ (decrease)	
FY 2027	
FY2026	Increase/ (decrease)	
FY 2027	
FY2026	Increase/ (decrease)			

40'	
202	
81	
$381.93	
$361.86	
$20.07	
$360.00	
$360.00	
$0.00	
$741.93	
$721.86	
$20.07	
50'	345	94	$381.93	$361.86	$20.07	$450.00	$450.00	$0.00	$831.93	$811.86	$20.07	
60'	103	48	$381.93	$361.86	$20.07	$585.00	$585.00	$0.00	$966.93	$946.86	$20.07	
Total	650	223												

SIXTH ORDER OF BUSINESS

B.

	COQUINA SHORES CDD	2025 SERIES BONDS				

No	
Entity	
For	
Invoice No	
Date	
Amount	

12	
ETM	
Consulting tasks for CDD - Invoice	
225038 (Feb 2026)	
5/19/26	
$	921.25	
13	ETM	Consulting tasks for CDD - Invoice	226121 (April 2026)	5/19/26	566.25	
14	ETM	Consulting tasks for CDD - Invoice	225325 (May 2026)	5/19/26	$	1,087.50	
					$	2,575.00	

SEVENTH ORDER OF BUSINESS

A.

Coquina Shores
Community Development District

Unaudited Financial Reporting
May 31, 2026
Table of Contents

	Balance Sheet

	General Fund Income Statement

	Month to Month

	Debt Service Series 2025

	Capital Project Series 2025

	Construction Schedule

	Long Term Debt Report

	Assessment Receipt Schedule

	Check Register
	Coquina Shores							
	Community Development District							
	Combined Balance Sheet							
	May 31, 2026							
	General	Debt Service
Fund	Fund	Capital Reserve Fund		Capital Project Fund		Totals
Governmental Funds		

Assets:
Cash:
Operating Account	

$	125,013	$	-	$	

-	

$	

-	

$	

125,013		
Due from Developer Due from General Fund	-	-
-	-		-
-	-
-		-
-		
Series 2022
Reserve	

-	135,333		

-	

-		

135,333		
Interest	-	38		-	-		38		
Revenue	-	111,782		-	-		111,782		
Sinking	-	20		-	-		20		
Construction		-	-		-	-		-	
Cost of Issuance Prepaid Expenses		-
-	-
-		-	13,157
-	-	13,157
-		
Total Assets	$	125,013	$	247,172	$	-	$	13,157	$	385,343	

Liabilities:
Accounts Payable	

$	

1,163	

$	-	

$	

-	$	-	

$	

1,163	
Due to Debt Service		-	-		-	-		-	
Total Liabilites	$	1,163	$	-	$	-	$	-	$	1,163	

Fund Balance:
Nonspendable: Prepaid Items
Restricted for:
Debt Service	

$	

-

-	

$	-

247,172	

$	

-	$	-

-	

$	

- 247,172	
Capital Project					-	13,157	13,157		
Unassigned		123,851	-		-	-		123,851	
Total Fund Balances	$	123,851	$	247,172	$	-	$	13,157	$	384,180	
								
Total Liabilities & Fund Balance	$	125,013	$	247,172	$	-	$	13,157	$	385,343		

1
Coquina Shores
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending May 31, 2026

	Adopted	Prorated Budget	Actual		
	Budget	Thru 05/31/26	Thru 05/31/26	Variance	

Revenues:					
Special Assessments	$	182,962	$	182,962	$	182,962	$	-	
Developer Contributions	-	-	9,006	9,006	
Interest Income	-	-	-	-	
Total Revenues	$	182,962	$	182,962	$	191,968	$	9,006	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	8,000	$	1,000	$	7,000	
FICA Expense	918	-	612	77	536	
Engineering	12,000	8,000	15,617	(7,617)	
Attorney	25,000	16,667	2,684	13,982	
Annual Audit	3,300	3,300	4,800	(1,500)	
Assessment Administration	7,500	-	-	-	
Arbitrage	600	-	-	-	
Dissemination Agent	7,500	5,000	4,375	625	
Trustee Fees	4,600	1,250	1,250	-	
Management Fees	47,250	31,500	31,500	-	
Information Technology	2,003	1,336	1,335	-	
Website Maintenance	1,336	890	891	-	
Telephone	500	333	78	256	
Postage & Delivery	1,500	1,000	42	958	
General Liability and Public Officials Insurance	5,500	5,500	5,512	(12)	
Printing & Binding	1,200	800	299	501	
Legal Advertising	5,000	3,333	315	3,018	
Other Current Charges	4,080	2,720	2,244	476	
Office Supplies	1,000	667	1	666	
Dues, Licenses & Subscriptions	175	175	219	(44)	
Total General & Administrative	$	142,962	$	91,083	$	72,238	$	18,845	

Operations & Maintenance					
Operation and Maintenance	$	40,000	$	-	$	-	$	-	
Total Operations & Maintenance	$	40,000	$	-	$	-	$	-	
					
Total Expenditures	$	182,962	$	91,083	$	72,238	$	18,845	
					
Excess (Deficiency) of Revenues over Expenditures	$	-		$	119,729		

Other Financing Sources/(Uses):					
Transfer In/(Out)	$	-	$	-	$	-	$	-	
Total Other Financing Sources/(Uses)	$	-	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	-	$	-	$	119,729	$	-	
					
Fund Balance - Beginning	$	-		$	4,121		
					
Fund Balance - Ending	$	-		$	123,851		

2
Coquina Shores
Community Development District Month to Month

Revenues:

Special Assessments	$	-	$	40,124  $	-	$	97,097  $	-	$	45,741  $	-	$	-	$	-	$	-	$	-	$	-	$	182,962								
Developer Contributions Interest Income	5,512
-	3,494
-	-	-	-	-	-	-	-	-	-	-	9,006
-	-	-	-	-	-	-	-	-	-	-							
Total Revenues	$	5,512	$	43,618	$	-	$	97,097	$	-	$	45,741	$	-	$	-	$	-	$	-	$	-	$	-	$	191,968	

Expenditures:										
General & Administrative:										
Supervisor Fees	$	-	$	-	$	200	$	200	$	-	$	200	$	200	$	200	$	-	$	-	$	-	$	-	$	1,000	
FICA Expense	-	-	15	15	-	15	15	15	-	-	-	-	77	
Engineering	2,269	6,884	2,193	565	921	566	1,088	1,131	-	-	-	-	15,617	
Attorney	-	-	2,684	-	-	-	-	-	-	-	-	-	2,684	
Annual Audit	-	-	-	-	-	4,800	-	-	-	-	-	-	4,800	
Assessment Administration	-	-	-	-	-	-	-	-	-	-	-	-	-	
Arbitrage	-	-	-	-	-	-	-	-	-	-	-	-	-	
Dissemination Agent	-	625	625	625	625	625	625	625	-	-	-	-	4,375	
Trustee Fees	-	-	-	-	-	1,250		-	-	-	-	-	1,250	
Management Fees	3,938	3,938	3,938	3,938	3,938	3,938	3,938	3,938	-	-	-	-	31,500	
Information Technology	167	167	167	167	167	167	167	167	-	-	-	-	1,335	
Website Maintenance	111	111	111	111	111	111	111	111	-	-	-	-	891	
Telephone	18	-	13	14	-	7	26	-	-	-	-	-	78	
Postage & Delivery	2	2	1	3	3	28	1	1	-	-	-	-	42	
General Liability and Public Officials Insurance	5,512	-	-	-	-	-	-	-	-	-	-	-	5,512	
Printing & Binding	30	42	90	32	44	10	20	31	-	-	-	-	299	
Legal Advertising	132	30	30	30	31	-	32	31	-	-	-	-	315	
Other Current Charges	82	1,348	40	36	41	31	-	666	-	-	-	-	2,244	
Office Supplies	0	0	0	0	0	0	0	0	-	-	-	-	1	
Dues, Licenses & Subscriptions	175	-	-	-	-	-	44	-	-	-	-	-	219	
Total General & Administrative	$	12,435	$	13,147	$	10,106	$	5,736	$	5,881	$	11,749	$	6,267	$	6,917	$	-  $	-  $	-  $	-  $	72,238	

Operation and Maintenance										

Operation and Maintenance	$	-		$	-		$	-		$	-		$	-		$	-		$	-		$	-		$	-		$	-		$	-		$	-		$	-	
Total Operation and Maintenance	$		-	$		-	$	-	$		-	$		-	$		-	$		-	$	-	$		-	$		-	$		-	$		-	$	-	

Total Expenditures	$	12,435	$	13,147	$	10,106	$	5,736	$	5,881	$	11,749	$	6,267	$	6,917	$	-		$	-		$	-		$	-		$	72,238	
																															
Excess (Deficiency) of Revenues over Expenditures	$	(6,923)	$	30,471	$	(10,106)	$	91,361	$	(5,881)	$	33,991	$	(6,267)	$	(6,917)	$		-	$		-	$		-	$		-	$	119,729	

Other Financing Sources/Uses:

Transfer In/(Out)	-	-	-	-	-	-	-	-	-	-	-	-	-

3
Coquina Shores
Community Development District Debt Service Fund Series 2025
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending May 31, 2026

	Proposed	Prorated Budget	Actual		
	Budget	Thru 05/31/26	Thru 05/31/26	Variance	

Revenues:					
Special Assessments - Tax Roll	$	186,120	$	-	$	-	$	-	
Special Assessments -Direct Bill	270,666	270,666	270,666		
Interest Income	-	-	4,392	4,392	
Total Revenues	$	456,786	$	270,666	$	275,058	$	4,392	

Expenditures:					
Interest -11/01	$	18,177	$	18,177	$	18,177	$	-	
Interest - 5/01	105,541	105,541	105,541	-	
Principal - 5/01	55,000	55,000	55,000	-	
Total Expenditures	$	178,718	$	178,718	$	178,718	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	278,068	$	91,948	$	96,340	$	4,392	

Other Financing Sources/(Uses):					
Transfer In/(Out)	$	-	$	-	$	(2,678)	$	(2,678)	
Bonds Proceeds	-	-	-	$	-	
Total Other Financing Sources/(Uses)	$	-	$	-	$	(2,678)	$	(2,678)	
					
Net Change in Fund Balance	$	278,068	$	91,948	$	93,663	$	1,714	
					
Fund Balance - Beginning	$	-		$	153,510		
					
Fund Balance - Ending	$	278,068		$	247,172		

4
Coquina Shores		
Community Development District
Capital Projects Fund Series 2025		
Statement of Revenues, Expenditures, and Changes in Fund Balance		
For The Period Ending May 31, 2026		
	Actual	
	Thru 05/31/26	
Revenues		
Interest Income	$	31,901	
Total Revenues	$	31,901	

Expenditures:		
Capital Outlay	$	3,438,462	
Cost of Issuance Expenses	10,400	
Underwriters Discount	-	
Total Expenditures	$	3,448,862	
		
Excess (Deficiency) of Revenues over Expenditures	$	(3,416,961)	

Other Financing Sources/(Uses)		
Transfer In/(Out)	$	2,678	
Bond Proceeds	-	
Total Other Financing Sources (Uses)	$	2,678	
		
Net Change in Fund Balance	$	(3,414,283)	
		
Fund Balance - Beginning	$	3,427,440	
		
Fund Balance - Ending	$	13,157	

5
COQUINA SHORES COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Revenue Bonds, Series 2025
Construction Account

10/31/25	1	JX Palm Coast Land LLC	Wetland Mitigation/Gopher Relocation	$	881,396.87	
12/23/25	2	JX Palm Coast Land LLC	Phase I Infrastructure Improvements	1,308,848.21	
12/12/25	3	S. E. Cline Construction	Coquina Shores Offsite Application #1	48,464.78	
1/9/26	4	S. E. Cline Construction	Coquina Shores Offsite Application #2	86,379.86	
1/9/26	5	S. E. Cline Construction	Coquina Shores Offsite Application #3	85,439.80	
3/11/26	6	S. E. Cline Construction	Coquina Shores Offsite Application #4	497,273.22	
3/12/26	7	S. E. Cline Construction	Coquina Shores Offsite Application #5	205,670.52	
4/10/26	8	S. E. Cline Construction	Coquina Shores Offsite Application #6	310,396.08	
4/10/26	9	Kutak Rock LLP	Professional services related to Project Contruction Inv #3655531	140.00	
4/10/26	10	Kutak Rock LLP	Professional services related to Project Contruction Inv #3655532	5,190.50	
5/29/26	11	S. E. Cline Construction	Coquina Shores Offsite Application #7 - Partial Payment	9,261.98	

TOTAL		$	3,438,461.82	
	
Project (Construction) Fund at 9/30/25	
$	3,404,190.32	
	Interest Earned and Transfer thru 05/31/26	31,593.86	
	Transfer from COI	-	
	Transfer from Debt Service (Reserve)	2,677.64	
	Outstanding Requistions	-	
	Requisitons Paid thru 05/31/26	(3,438,461.82)	

Remaining Project (Construction) Fund	$	-	

6
Coquina Shores
Community Development District Long Term Debt Report

Series 2025, Special Assessment Revenue Bonds		

Interest Rate:	
4.250-5.700%	
Maturity Date:	5/1/2055	
Reserve Fund Definition	50% of Maximum Annual Debt Service	
Reserve Fund Requirement:	$135,333	
Reserve Fund Balance	135,333	
Bonds Outstanding -	$3,865,000	
Less: Principal Payment - 5/1/26	($55,000)	
		
Current Bonds Outstanding	$3,810,000	

7
COQUINA SHORES COMMUNITY DEVELOPMENT DISTRICT
Fiscal Year 2026 Assessments Receipts Summary

ASSESSED	
# O&M UNITS ASSESSED	
SERIES 2025 DEBT ASSESSED	
FY26 O&M ASSESSED	
TOTAL ASSESSED	
JX PALM COAST LAND LLC	427	177,260.00	80,248.97	257,508.97	
PULTE HOME COMPANY, LLC	223	93,406.25	102,713.03	196,119.28	
TOTAL DIRECT INVOICES (1)(2)	650	270,666.25	182,962.00	453,628.25	

ASSESSED REVENUE TAX ROLL	
0	
-	
-	
-	
TOTAL NET ASSESSMENTS	650	270,666.25	182,962.00	453,628.25	

DUE/RECEIVED	
BALANCE DUE	SERIES 2025 DEBT
RECEIVED (2)	
O&M RECEIVED	
TOTAL RECEIVED		
JX PALM COAST LAND LLC	0.00		177,260.00	80,248.97	257,508.97	
PULTE HOME COMPANY, LLC	0.00		93,406.25	102,713.03	196,119.28	
TOTAL DIRECT RECEIVED	0.00		270,666.25	182,962.00	453,628.25	

ASSESSED REVENUE TAX ROLL		
-	
-	
-	
-	
TOTAL NET ASSESSMENTS	0.00		270,666.25	182,962.00	453,628.25	
	1.	Assessments for bulk lands are due: 60% due 4/1/26 and 40% due 9/30/26
	2.	O&M is due 25% by 10/15/25, 1/1/26, 41/1/26, 7/1/26

8

B.
Coquina Shores
COMMUNITY DEVELOPMENT DISTRICT

Fiscal Year 2026
Check Register

Date	check #'s	Amount		

General Fund				
4/1/2026 - 4/30/26	101-103		$77,353.96	
5/1/2026 - 5/31/26	104-109		9,365.85	
	SUBTOTAL		$86,719.81	

9
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/28/26	PAGE	1
*** CHECK DATES 04/01/2026 - 04/30/2026 ***	COQUINA SHORES - GENERAL FUND
BANK A COQUINA SHORES CDD
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
4/01/26 00009	4/01/26 04012026 202604 300-20700-10300	*	23,351.56
3/26 PULTE 4/1 WIRE
4/01/26 04012026 202604 300-20700-10300	*	44,315.00
3/27 JX PC LAND 4/1
COQUINA SHORES CDD C/O BNY DS 2025	67,666.56 000101
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/10/26 00001	4/01/26 35	202604 310-51300-34000	*	3,937.50
APR MANAGEMENT FEES
4/01/26 35	202604 310-51300-35300	*	111.33
APR WEBSITE ADMIN
4/01/26 35	202604 310-51300-35100	*	166.92
APR INFO TECH
4/01/26 35	202604 310-51300-31300	*	625.00
APR DISSEM AGENT SRVCS
4/01/26 35	202604 310-51300-51000	*	.03
OFFICE SUPPLIES
4/01/26 35	202604 310-51300-42000	*	.74
POSTAGE
4/01/26 35	202604 310-51300-42500	*	19.95
COPIES
4/01/26 35	202604 310-51300-41000	*	25.93
TELEPHONE
GOVERNMENTAL MANAGEMENT SRVCS LLC	4,887.40 000102
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/10/26 00008	3/02/26 28761	202603 310-51300-32200	*	4,800.00
AUDIT FYE 09/30/2025
GRAU AND ASSOCIATES	4,800.00 000103
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	77,353.96
TOTAL FOR REGISTER	77,353.96

COQS COQUINA SHORES TLEE

COQUINA SHORES CDD
DEVELOPMENT DISTRICT

General Fund

	Check Request		
Date	Amount	Authorized By	

April 1, 2026	
$67,666.56	
Sheryl Fulks	

Pa able to:		

Co uina Shore CDD C/O Bank of New York Mellon DS 2025 #9

Date Check Needed:		Budget Category: ASAP	Iuoo.20100.10300

Intended Use of Funds Requested:
	
3/26/26 PULTE 4/1 WIRE	$	23,351.56	
3/27/26 JX PALM COAST LAND 4/1	44,315.00	

	

	

$	67,666.56	
	
(Attach supporting documentation for request. Overnight via Fedex with deposit letter
from Accoutant)
Governmental Management Services, LLC
475 West Town Place, Suite 114 St. Augustine, FL 32092

Bill To:
Coquina Shores COD 475 West Town Place Suite 114
St. Augustine, FL 32092
Invoice

Invoice #: 35
Invoice Date: 4/1/26
Due Date: 4/1/26
Case:
P.O. Number:

Description	Hours/Qty	Rate	Amount

I

Total	$4,887.40	
Payments/Credits	$0.00	
Balance Due	$4,887.40	
Grau and Associates
1001 W. Yamato Road, Suite 301 Boca Raton, FL 33431 www.graucpa.com

Phone: 561-994-9299	Fax: 561-994-5823

Coquina Shores Community Development District 475 West Town Place, Suite 114
St. Augustine, FL 32092

Invoice No.	28761 Date	 03/02/2026

SERVICE	AMOUNT

Audit FYE 09/30/2025

Current Amount Due
$	4,800.00

$	4,800.00

0 - 30	31- 60	61 - 90	91 - 120	Over 120	Balance	
4,800.00	0.00	0.00	0.00	0.00	4,800.00	
Payment due upon receipt.
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/29/26	PAGE	1
*** CHECK DATES 05/01/2026 - 05/31/2026 ***	COQUINA SHORES - GENERAL FUND
BANK A COQUINA SHORES CDD
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
5/11/26 00004	4/08/26 7689502	202604 310-51300-48000	*	32.36
PUBLISH PCNT MTG#12205722
USA TODAY MEDIA CORP	32.36 000104
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
36	202605 310-51300-34000	*	3,937.50
MAY MANAGEMENT FEES
36	202605 310-51300-35300	*	111.33
MAY WEBSITE ADMIN
36	202605 310-51300-35100	*	166.92
MAY INFO TECH
36	202605 310-51300-31300	*	625.00
APR DISSEM AGENT SRVCS
36	202605 310-51300-51000	*	.06
OFFICE SUPPLIES 36
POSTAGE 36
COPIES 36A
APR AMEX-HILTON INN MTG
GOVERNMENTAL MANAGEMENT SRVCS LLC	5,508.49 000105
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/18/26 00010	3/04/26 8091758	202603 310-51300-32300	*	500.00
ACCEPTANCE FEE
3/04/26 8091758	202603 310-51300-32300	*	750.00
ANNUAL CUSTODY ACCOUNT
US BANK	1,250.00 000106
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/28/26 00007	3/10/26 225038	202602 310-51300-31100	*	921.25
FEB CONSULTING TASKS
ENGLAND THIMS & MILLER	921.25 000107
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/28/26 00007	4/13/26 225325	202603 310-51300-31100	*	566.25
MAR CONSULTING TASKS
ENGLAND THIMS & MILLER	566.25 000108
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/28/26 00007	5/12/26 226121	202604 310-51300-31100	*	1,087.50
APR CONSULTING TASKS
ENGLAND THIMS & MILLER	1,087.50 000109
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	9,365.85
TOTAL FOR REGISTER	9,365.85 COQS COQUINA SHORES TLEE
USA TODAY co.
LocaliQ	ACCOUNT NAME
Coquina Shores COD	ACCOUNT#
1268464	INV DATE
04/30/26	
	INVOICE#
0007689502	INVOICE PERIOD
Apr 1-Apr 30, 2026	CURRENT INVOICE TOTAL
$32.36	
	PREPAY
(Memo Info)

$0.00	UNAPPLIED
(included In amt due)

$0.00	
TOTAL CASH AMT DUE*

$32.36	
BILLING ACCOUNT NAME AND ADDRESS

Coquina Shores CDD 475WTownPL#114
St Augustine, FL 32092-3649	PAYMENT DUE DATE: MAY 31, 2026

Legal Entity: USA TODAY Media Corp.
Terms and Conditions: Past due accounts are subject to Interest at the rate of 18% per annum or the maximum legal rate (whichever Is less). Advertiser claims for a credit related to rates Incorrectly Invoiced or paid must be submitted In writln11 to Publisher within 30 days of the Invoice date or the claim will be waived. Any credit towards future advertising must be used within 30 days of Issuance or the credit will be forfeited.
All funds payable in US dollars.			
BILLING INQUIRIES/ADDRESS CHANGES 1-877-736-7612 or smb@usatodayco.com	FEDERAL ID 47-2390983			
Save A Tree! USA TODAY Co. is going paperless. Enjoy the convenience of accessing your billing information anytime and pay online. To avoid missing an invoice, sign up today by going to https://gcil.my.site.com/financialservicesportal/s/.				

Date	Description	Amount	
4/1/26	Balance Forward	$0.00	
Package Advertising:
Start-End Date Order Number	Product	Description	PO Number	Package Cost	
4/8/26 12205722	OTB Flagler/ Palm Coast News Tribune	Publish 4.8.26 PCNT - Coqulna Shores April Meeting		$32.36	

As an Incentive for customers, we provide a discount off the total Invoice cost equal to the 3.99% service fee if you pay with Cash/Check/ACH. Pay by Cash/Check/ACH and Savel
Total Cash Amount Due Service Fee 3.99%
*Cash/Check/ACH Discount
*Payment Amount by Cash/Check/ACH Payment Amount by Credit Card
$32.36
$1.29
-$1.29
$32.36
$33.65

PLEASE DETACH AND RETURN THIS PORTION WITH YOUR PAYMENT
ACCOUNT NAME
Coquina Shores COD	ACCOUNT NUMBER
1268464	INVOICE NUMBER
0007689502	AMOUNT PAID
i3)v.3?				
CURRENT DUE
$32.36	30DAYS PAST DUE
$0.00	60 DAYS PAST DUE
$0.00	90 DAYS PAST DUE
$0.00	120+DAYS PAST DUE
$0.00	UNAPPLIED PAYMENTS
$0.00	TOTAL CASH AMT DUE*

$32.36	
REMITTANCE ADDRESS (Include Account# & Invoice# on check)	TO PAY BY PHONE PLEASE CALL:	TOTAL CREDIT CARD AMT DUE					
	1-877-736-7612	$33.65					
USA TODAY Media Corp.							
PO Box 631244
Cincinnati, OH 45263-1244	To sign up for E-mailed invoices and online payments please go to bttps:Ltgdlcm'{_.site.com/_flnandalsecvicesp_artaJ/_s/_						
0001268464000000000000076895020000323667178
USA TODAY CO.
*LocaliQ

PO Box 631244 Cincinnati, OH 45263-1244
AFFIDAVIT OF PUBLICATION
Courtney Hogge Coquina Shores CDD 475 W Town PL# 114
Saint Augustine FL 32092-3649

STATE OF WISCONSIN, COUNTY OF BROWN

Before the undersigned authority personally appeared, who on oath says that he or she Is the Legal Coordinator ofThe Flagler/Palm Coast NEWS-TRIBUNE, published in Flagler County, Florida; that the attached copy of advertisement, being a Public Notices, was published on the publicly accessible website of Flagler County, Florida, or In a newspaper by print In the issues of, on:

OTB news-journalonllne.com 04/08/2026 OTB Palm Coast News Tribune 04/08/2026

Affiant further says that the website or newspaper complies with all legal requirements for publication in chapter so,
Florida Statutes.
Subscribed and sworn to before me, by the legal clerk, who is persona:>?,ij ?04/08/2026
	/!_LJ_}L!/l7 	
Legal Clerk
Nota1y,    State    of    WI,   ?f?n>)

Mcoymmission expires

# of Coples: 1

THIS IS NOT AN INVOICE!.
Please do not use tltfsfor111Jor payment 1·e111//fa11ce,
NOTICE 01' MEETING OF THE IIOARD OF SUPERVISORS OF THE CoQUmA $HORES COMMUNITY DEVELOPMENT DISTRICT
The Board of Supervisors ("Board") of the Coquina Shores Community Development District will hold a regular meeting on Thursday, Aptll 16, 2026, at 2:00 p.m. at the Hilton Garden Inn Palm Coast Town Center located at 55 Town Center Boule• vard, Palm Coast, Florida 32164. The purpose of the meeting ls to review monthly ftnanclal reports, staff reports, and to conduct any other business that may come before the Board. A copy of the agenda may be obtained from Governmental	Management Services, LLC, 475 West Town Place, Suite 114, St, Augustine, Florida 32092,  Ph:  (904)  940-5850
("District Manager's Office").
The meeting Is open to the public and wlll be conducted in accor• dance with the provisions of Florida law, The meeting may be continued to a date, time, and place to be specified on the record at meeting. Thore may be occasions when Board Supervisors or District Staff will participate by speaker tele-phone.
Any person requiring special accommodations at this meeting because of a dlsabillty or physical Impairment should contact the District Manager's Office at least forty-eight (48) hours prior to the meeting, If you are hearing or speech Impaired, please contact the Florida Relay Service by dialing 7-1-1, or 1-800·955-8771 (TTY) /
1-800-955-8770 (Voice), for aid in
contacting the District Manager's Office.
A person who decides to appeal any decision made by the lloard with respect to any matter consid-ered at the meeting ls advised that this same person will need a record· of the proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings ls made, Including the testimony and evidence upon which the appeal Is to be based.
Jim Oliver District Manager
NT#12205722 4/8/26 1T

Page 1 of 1
Governmental Management Services, LLC
475 West Town Place, Suite 114 St. Augustine, FL 32092

Bill To:
Coqulna Shores COD 475 West Town Place Suite 114
St. Augustine, FL 32092
Invoice

Invoice#: 36
Invoice Date: 5/i/26
Due Date: 5/1/26
Case:
P.O. Number:

Management Fees - May 2026	

	3,937.50	3,937.50
'	:	111.33 < ·,	::111.33 .•.•
166.92	166.92
'	:	625.00	· '·•625.00 ;.
0.06	0.06
.. ,.,:, ,,·>.'1A8  .·.·,\•i:,·:.:.1Aa :•
31.20	31.20
635.00 : <	635.00 •••	
Website Administration ? May 2026 •••••			
Information Technology - May 2026			
Dissemination Agent Servlces ?May 2026	'•·• •			
Office Supplies			
Postage·..•.··•••••			
Copies			
AMEX Purchase 4/6 - Hilton Garden Inn Meeting Space •• •••			

Total	$5,508.49	
Payments/Credits	$0.00	
Balance Due	$5,508.49	
[!Ijbank.	2/3
Invoice Number:	8091758
Corporate Trust Seivlces EP-MN-WN3L
60 Livingston Ave. St Paul, MN 66107

Invoice Date: Direct Inquiries To: Phone:

03/04/2026
Schuhle, Scott A (954)-938-2476

Coquina Shores Community Development District Attn GMS North Florida LLC
475 West Town Place Suite 114 St. Augustine, FL 32092
United States

Coquina Shores Community Development District Custody Account

	The rollowing is a statement or transactic.'11s pertaining to 'IOUr account. Fer rurther inrormallon, please review the attached.
STATEMENT SUMMARY

PLEASE REMIT BOTTOM COUPON PORTION OF THIS PAGE WITH CHECK PAYMENT OF INVOICE.

TOTAL AMOUNT DUE	$1,250.00

All invoices are due upon receipt

Please detach al perforalion and return bottom portion or the statement with your check, payable to U.S. Bank.

Coquina Shores Community Development District Custody Account
rnvwce·Ni.itnber:'	: : ;; ;_; ? ;,:.:),8()91758.

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Please mail payments to:
U.S. Bank
CM-9690
PO BOX 70870
St. Paul, MN 55170-9690
?bank.

corporate Trust Services EP-MN-WN3L
60 Livingston Ave. St. Paul, MN 65107
3/3

Coquina Shores Community Development District Custody Account

In This Relationship:

CURRENT CHARGES SUMMARIZED FOR ENTIRE RELATIONSHIP
Detail of Current Charges	Volume	Rate	Portion of Year	Total Fees	

01010 Acceptance Fee	
500.00	
1.00		
$500.00	
Subtotal Acceptance Fees				$500.00	

04050 Custodian	
1.00	
750.00	
100.00%	
$750.00	
Subtotal Administration Fees - In Advance 03/01/2026 - 02/28/2027	$750.00
TOTAL AMOUNT DUE	$1,250.00

The fees shown on this Invoice are reflective of the most recentfee schedule ornotlce of fee adjus1ment provided by U.S. Bank.
Page 2 of 2
ETm  ENGLAND-THIMS&MILLEDECEIVE
MAY 2 7 2026

14775 Old St. Augustine Road, Jacksonville, FL 32258
etmlnc.com I 904.642.8990
BY.:

Governmental Management Services, L.L.C. Coquina Shores Community Development District 475 W Town Place
Suite 114
St. Augustine, FL 32092

March 10, 2026
Invoice No:	225038
!Total This Invoice	$921.251

Project	22515.00000	Coquina Shores Community Development District EMAIL TO: BKOVACIC@BBXCAPITAL.COM
Professional Services rendered through February 28. 2026 	 _
Phase	01.	Petition for Establishment Support

CDD Meeting Online				
Billing Limits	Current	Prior	To-Date	
Total Billings	0.00	13,061.25	13,061.25	
Limit			25,000.00	
Remaining			11,938.75	
Total this Phase	0.00

Phase	02.	Consulting Tasks for CDD Create and Prepare Requisitions
CDD Meeting Only
Review Pay Apps and Change Orders for CDD
Labor

Senior Engineer/Senior Project Manager Lockwood, Scott	2/28/2026
Administrative Support

Hours	Rate	Amount

2.75	255.00	701.25
Blair, Shelley

Totals
Total Labor
2/28/2026
2.00	110.00	220.00
4.75	921.25

921.25
Total this Phase	$921.25

Phase	XP	Expenses

Total this Phase	0.00

Total This Invoice	$921.25
============

ETm ENGLAND-THIMS&MILLER

BY:---

14775 Old Sl Augustine Road, Jacksonville, FL 32258
etmlnc.com I 904.642.8990

Project	22515.00000	Coquina Shores Community Development District EMAIL TO: BKOVACIC@BBXCAPITAL.COM
Professional Services rendered through April 04, 2026 	 _
Phase	01.	Petition for Establishment Support

CDD Meeting Online				
Billing Limits	Current	Prior	To-Date	
Total Billings	0.00	13,061.25	13,061.25	
Limit			25,000.00	
Remaining			11,938.75	
Total this Phase	0.00

Phase	02.	Consulting Tasks for CDD COD Pay Apps and requisitions
Create SE Cline requisition
Email correspondance
Labor

Senior Engineer/Senior Project Manager

Hours	Rate	Amount

===========

Project	22515.00000	Coquina Shores Community Development Dis	Invoice	225325

Outstanding Invoices

Number	Date	Balance	
225038	3/10/2026	921.25	
Total		921.25	
		Total Now Due	$1,487.50	

Page 2
Erm ENGLAND-THIMS&MILLER

EC E IVE I	14775 Old Sl Augustine Road, Jacksonville, FL32258
etmlnc.com I 904.642.8990
	•	1 MAY 2 7 2026
I

Governmental Management Services, L.L.C. Coquina Shores Community Development District 475 W Town Place
Suite 114
St. Augustine, FL 32092
BY:--?-·
May 12, 2026
Invoice No:	226121
!Total This Invoice	$1,087.sOI

Project	22515.00000	Coquina Shores Community Development District EMAIL TO: BKOVACIC@BBXCAPITAL.COM
Professional Services rendered through May 02. 2026 	.

Phase
CDD Meeting Online	01.	Petition for Establishment Support				
Billing Limits		Current	Prior	To-Date		
Total Billings		0.00	13,061.25	13,061.25		
Limit				25,000.00		
Remaining				11,938.75		
			Total this	Phase	0.00	

Phase	
02.	
Consulting Tasks for CDD				
CDD Pay Apps and requisitions Create SE Cline requisition Email correspondance
Cdd Meeting online
Labor

Senior Engineer/Senior Project Manager

Hours	Rate	Amount

Lockwood, Scott	4/11/2026	1.75	255.00	446.25		
Lockwood, Scott	4/18/2026	1.25	255.00	318.75		
Engineering Intern
Zierden, Ashley	
4/18/2026	.so	
150.00	
75.00		
Administrative Support						
Blair, Shelley	4/11/2026	.75	110.00	82.50		
Blair, Shelley	4/25/2026	.25	110.00	27.50		
Blair, Shelley	5/2/2026	1.25	110.00	137.50		
Totals		5.75		1,087.50		
Total Labor					1,087.50	
			Total this	Phase	$1,087.50	

Phase	XP	Expenses					
			Total this	Phase	0.00	

Total This Invoice ========$1=,0=87=.5=0

Project	22515.00000	Coquina Shores Community Development Dis	Invoice	226121

Outstanding Invoices
Number
225038
225325
Total

Date
3/10/2026
4/13/2026

Balance
921.25
566.25
1,487.50

Total Now Due	$2,575.00

Page 2