GULFSTREAM POLO COMMUNITY DEVELOPMENT DISTRICT

PALM BEACH COUNTY REGULAR BOARD MEETING APRIL 16, 2026
4:00 P.M.

Special District Services, Inc.
The Oaks Center 2501A Burns Road
Palm Beach Gardens, FL 33410
www.gulfstreampolocdd.org 561.630.4922 Telephone 877.SDS.4922 Toll Free 561.630.4923 Facsimile

AGENDA GULFSTREAM POLO
COMMUNITY DEVELOPMENT DISTRICT
Oaks Center 2501A Burns Road
Palm Beach Gardens, Florida 33410
REGULAR BOARD MEETING
April 16, 2026
4:00 P.M.

Call to Order
Proof of Publication…	Page 1
Establish a Quorum
Additions or Deletions to Agenda
Comments from the Public for Items Not on the Agenda
Approval of Minutes
October 16, 2025 Regular Board Meeting…	Page 2
Old Business
New Business
Consider Resolution No. 2026-01 – Adopting a Fiscal Year 2026/2027 Proposed Budget… Page 5
Administrative Matters
Board Member Comments
Adjourn

Page 1

Publication Date 2026-04-06

Subcategory Miscellaneous Notices

GULFSTREAM POLO COMMUNITY DEVELOPMENT DISTRICT NOTICE OF REGULAR BOARD OF SUPERVISORS MEETING
The Board of Supervisors (Board) of the Gulfstream Polo Community Development District (District) will hold a Regular Board Meeting on April 16, 2026, at 4:00 p.m. in the Conference Room at The Oaks Center located at 2501A Burns Road, Palm Beach Gardens, Florida 33410, for the purpose of considering any business that may properly come before the Board. A copy of the agenda may be obtained at the offices of the District Manager, c/o Special District Services, Inc., The Oaks Center, 2501A Burns Road, Palm Beach Gardens, Florida 33410
(561) 630-4922 (District Managers Office), during normal business hours.
The meeting is open to the public and will be conducted in accordance with the provisions of Florida law. The meeting may be continued to a date, time, and place to be specified on the record at the meeting. There may be occasions when Board Supervisors or District Staff may participate by speaker telephone.
Any person requiring special accommodations at this meeting because of a disability or physical impairment should contact the District Managers 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 Managers Office.
Each person who decides to appeal any decision made by the Board with respect to any matter considered at the meeting is advised that person will need a record of proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which such appeal is to be based.
Meetings may be cancelled from time to time without advertised notice. District Manager
GULFSTREAM POLO COMMUNITY DEVELOPMENT DISTRICT
www.gulfstreampolocdd.org 4/6/26 #12210425

Page 1

GULFSTREAM POLO COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING
OCTOBER 16, 2025

CALL TO ORDER

The Gulfstream Polo Community Development District (the “District”) Regular Board Meeting of October 16, 2025, was called to order at 4:03 p.m. at the Oaks Center located at 2501A Burns Road, Palm Beach Gardens, Florida 33410.

Mr. Pierman noted that Ms. Carlson was sworn in to Seat 5, expiring in November 2026, prior to the start of the meeting.

PROOF OF PUBLICATION

Proof of publication was presented which showed that notice of the Regular Board Meeting had been published in The Palm Beach Post on October 3, 2025, as part of the District’s Fiscal Year 2025/2026 Meeting Schedule, as legally required.

ESTABLISH A QUORUM
A quorum was established with the following Supervisors present: Vice Chairman Andrew Maxey and Supervisors Eliot Goldstein, Garrett Dinsmore and Aimee Carlson.
Also present were the following staff members: District Manager Jason Pierman of Special District Services, Inc.; and District Counsel Michelle Rigoni from Kutak Rock.

ADDITIONS OR DELETIONS TO AGENDA

There were no additions or deletions to the agenda.

COMMENTS FROM THE PUBLIC FOR ITEMS NOT ON THE AGENDA
There were no comments from the public for items not on the agenda.
APPROVAL OF MINUTES
August 21, 2025, Public Hearing & Regular Board Meeting
The minutes of the August 21, 2025, Public Hearing & Regular Board Meeting were presented for approval.

A motion was made by Mr. Goldstein, seconded by Mr. Maxey and passed unanimously approving the minutes of the August 21, 2025, Public Hearing & Regular Board Meeting, as presented.

OLD BUSINESS

There were no Old Business items to come before the Board.

NEW BUSINESS
Consider Resolution No. 2025-05 – Adopting a Fiscal Year 2024/2025 Amended Budget

Resolution No. 2025-05 was presented, entitled:

RESOLUTION NO. 2025-05

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE GULF STREAM POLO COMMUNITY DEVELOPMENT DISTRICT AUTHORIZING AND ADOPTING AN AMENDED FINAL FISCAL YEAR 2024/2025 BUDGET (“AMENDED BUDGET”), PURSUANT TO CHAPTER
189, FLORIDA STATUTES; AND PROVIDING AN EFFECTIVE DATE.

A motion was made by Mr. Dinsmore, seconded by Mr. Maxey and passed unanimously adopting Resolution No. 2025-05, as presented.

Consider Resolution No. 2025-06 – Goals and Objectives Annual Report

Resolution No. 2025-06 was presented, entitled:

RESOLUTION NO. 2025-06
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE GULF STREAM POLO COMMUNITY DEVELOPMENT DISTRICT ADOPTING AN ANNUAL REPORT OF GOALS, OBJECTIVES, AND PERFORMANCE MEASURES AND STANDARDS; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.
A motion was made by Mr. Goldstein, seconded by Mr. Maxey and passed unanimously adopting Resolution No. 2025-06, as presented.

Consider Audit Renewal
A motion was made by Mr. Goldstein, seconded by Mr. Maxey and passed unanimously approving the audit renewal, as presented.
ADMINISTRATIVE MATTERS
Mr. Pierman reminded the Board to complete the 4 hours of ethics training before the end of the year. He also encouraged the Board to solicit residents to join the Board.
BOARD MEMBER COMMENTS

There were no further comments from the Board Members.

ADJOURNMENT

There being no further business to come before the Board, a motion was made by Mr. Maxey, seconded by Mr. Dinsmore and passed unanimously adjourning the meeting at 4:15 p.m.

ATTESTED BY:

Secretary/Assistant Secretary	Chairperson/Vice-Chair

RESOLUTION 2026-01

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE GULFSTREAM POLO COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2026/2027 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; ADDRESSING TRANSMITTAL, POSTING AND PUBLICATION REQUIREMENTS; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors (“Board”) of the Gulfstream Polo Community Development District (“District”) prior to June 15, 2026, a proposed budget (“Proposed Budget”) for the fiscal year beginning October 1, 2026 and ending September 30, 2027 (“Fiscal Year 2026/2027”); and

WHEREAS, the Board has considered the Proposed Budget and desires to set the required public hearing thereon.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE GULFSTREAM POLO COMMUNITY DEVELOPMENT DISTRICT:

PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2026/2027 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.
SETTING A PUBLIC HEARING. A public hearing on said approved Proposed Budget is hereby declared and set for the following date, hour and location:

DATE:		, 2026 

HOUR:		4:00 p.m.	
LOCATION:	  Offices of Special District Services
  2501A Burns Road	
  Palm Beach Gardens, FL 33410	

TRANSMITTAL  OF  PROPOSED  BUDGET  TO  LOCAL  GENERAL
PURPOSE GOVERNMENT. The District Manager is hereby directed to submit a copy of the Proposed Budget to Palm Beach County at least 60 days prior to the hearing set above.

POSTING OF PROPOSED BUDGET. In accordance with Section 189.016, Florida Statutes, the District’s Secretary is further directed to post the approved Proposed Budget on the District’s website at least two days before the budget hearing date as set forth in Section 2, and shall remain on the website for at least 45 days.

PUBLICATION OF NOTICE. Notice of this public hearing shall be published in the manner prescribed in Florida law.

SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.

EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.

PASSED AND ADOPTED THIS 16th DAY OF April, 2026.

ATTEST:	GULFSTREAM POLO COMMUNITY DEVELOPMENT DISTRICT

By:	

Secretary	Its:	

Gulfstream Polo Community Development District

Proposed Budget For Fiscal Year 2026/2027
October 1, 2026 - September 30, 2027

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

DETAILED PROPOSED DEBT SERVICE FUND BUDGET (SERIES 2017)

DETAILED PROPOSED DEBT SERVICE FUND BUDGET (SERIES 2019)

ASSESSMENT COMPARISON

PROPOSED BUDGET
GULFSTREAM POLO COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

REVENUES	
FISCAL YEAR 2026/2027
BUDGET	
O&M Assessments	100,548	
Debt Assessments - 2017	206,739	
Debt Assessments - 2019	628,477	
Interest Income	1,800	
		
TOTAL REVENUES	$	937,564	
		
EXPENDITURES		
Supervisor Fees	0	
Engineering/Inspections	2,000	
Management	41,220	
Legal	8,000	
Assessment Roll	5,000	
Audit Fees	5,700	
Arbitrage Rebate Fee	650	
Insurance	7,650	
Legal Advertisements	1,800	
Miscellaneous	400	
Postage	275	
Office Supplies	500	
Dues & Subscriptions	175	
Trustee Fees	7,850	
Continuing Disclosure Fee	1,000	
Lake Maintenance	13,000	
Reserve	1,095	
		
TOTAL EXPENDITURES	$	96,315	
		
REVENUES LESS EXPENDITURES	$	841,249	
		
Bond Payments - 2017	(194,335)	
Bond Payments - 2019	(590,768)	
		
BALANCE	$	56,146	
		
County Appraiser & Tax Collector Fee	(18,715)	
Discounts For Early Payments	(37,431)	
		
EXCESS/ (SHORTFALL)	$	-	
		
Carryover Funds From Prior Year	0	
		
NET EXCESS/ (SHORTFALL)	$	-	

DETAILED PROPOSED BUDGET
GULFSTREAM POLO COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

REVENUES	
FISCAL YEAR 2024/2025
ACTUAL	
FISCAL YEAR 2025/2026
BUDGET	
FISCAL YEAR 2026/2027
BUDGET	

COMMENTS	
O&M Assessments	101,304	100,548	100,548	Expenditures/.94	
Debt Assessments - 2017	206,802	206,739	206,739	Bond Payments/.94	
Debt Assessments - 2019	634,884	628,477	628,477	Bond Payments/.94	
Interest Income	9,987	1,200	1,800	Interest Projected At $150 Per Month	
					
TOTAL REVENUES	$	952,977	$	936,964	$	937,564		
					
EXPENDITURES					
Supervisor Fees	0	0	0		
Engineering/Inspections	0	2,000	2,000	No Change From 2025/2026 Budget	
Management	39,012	40,140	41,220	CPI Adjustment	
Legal	1,399	8,500	8,000	$500 Decrease From 2025/2026 Budget	
Assessment Roll	5,000	5,000	5,000	As Per Contract	
Audit Fees	5,500	5,700	5,700	Accepted Amount For 2025/2026 Audit	
Arbitrage Rebate Fee	650	650	650	For Series 2019 Bond (2017 Qualifies For Small User Exception)	
Insurance	6,531	7,000	7,650	Fiscal Year 2025/2026 Expenditure Was $6,923	
Legal Advertisements	1,098	2,000	1,800	$200 Decrease From 2025/2026 Budget	
Miscellaneous	8	450	400	$50 Decrease From 2025/2026 Budget	
Postage	67	275	275	No Change From 2025/2026 Budget	
Office Supplies	151	550	500	$50 Decrease From 2025/2026 Budget	
Dues & Subscriptions	175	175	175	No Change From 2025/2026 Budget	
Trustee Fees	7,847	7,850	7,850	No Change From 2025/2026 Budget	
Continuing Disclosure Fee	700	1,000	1,000	No Change From 2025/2026 Budget	
Lake Maintenance	0	13,000	13,000	Lake Maintenance	
Reserve	0	1,425	1,095	Reserve	
					
TOTAL EXPENDITURES	$	68,138	$	95,715	$	96,315		
					
REVENUES LESS EXPENDITURES	$	884,839	$	841,249	$	841,249		
					
Bond Payments - 2017	(197,067)	(194,335)	(194,335)	2027 Principal & Interest Payments	
Bond Payments - 2019	(604,998)	(590,768)	(590,768)	2027 Principal & Interest Payments	
					
BALANCE	$	82,774	$	56,146	$	56,146		
					
County Appraiser & Tax Collector Fee	(4,876)	(18,715)	(18,715)	Two Percent Of Total Assessment Roll	
Discounts For Early Payments	(35,395)	(37,431)	(37,431)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	42,503	$	-	$	-		
					
Carryover Funds From Prior Year	0	0	0	Carryover Funds From Prior Year	
					
NET EXCESS/ (SHORTFALL)	$	42,503	$	-	$	-		

DETAILED PROPOSED DEBT SERVICE (SERIES 2017) FUND BUDGET
GULFSTREAM POLO COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

REVENUES	

FISCAL YEAR

2024/2025

ACTUAL	

FISCAL YEAR

2025/2026

BUDGET	

FISCAL YEAR

2026/2027

BUDGET	

COMMENTS	

Interest Income	

13,845	

1,200	

1,500	

Projected Interest For 2026/2027	

NAV Tax Collection	

197,067	

194,335	

194,335	

Maximum Debt Service Collection	

Total Revenues	

$	210,912	

$	195,535	

$	195,835		

EXPENDITURES					

Principal Payments	

60,000	

65,000	

70,000	

Principal Payment Due In 2027	

Interest Payments	

121,363	

117,563	

114,963	

Interest Payments Due In 2027	

Bond Redemption	

0	

12,972	

10,872	

Estimated Excess Debt Collections	

Total Expenditures	

$	181,363	

$	195,535	

$	195,835		

Excess/ (Shortfall)	

$	29,549	

$	-	

$	-		

Series 2017 Bond Information

Original Par Amount =	$2,870,000	Annual Principal Payments Due =	November 1st	
Interest Rate =	3.50% - 5.00%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =	August 2017			
Maturity Date =

Par Amount As Of 1/1/26 =	November 2047

$2,445,000			

DETAILED PROPOSED DEBT SERVICE (SERIES 2019) FUND BUDGET
GULFSTREAM POLO COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

REVENUES	

FISCAL YEAR

2024/2025

ACTUAL	

FISCAL YEAR

2025/2026

BUDGET	

FISCAL YEAR

2026/2027

BUDGET	

COMMENTS	

Interest Income	

31,557	

1,200	

1,500	

Projected Interest For 2026/2027	

NAV Tax Collection	

604,998	

590,768	

590,768	

Maximum Debt Service Collection	

Prepaid Bond Collection	

0	

0	

0		

Total Revenues	

$	636,555	

$	591,968	

$	592,268		

EXPENDITURES					

Principal Payments	

205,000	

220,000	

230,000	

Principal Payment Due In 2027	

Interest Payments	

379,194	

368,769	

357,044	

Interest Payments Due In 2027	

Transfer To Construction Fund	

12,978	

0	

0		

Bond Redemption	

0	

3,199	

5,224	

Estimated Excess Debt Collections	

Total Expenditures	

$	597,172	

$	591,968	

$	592,268		

Excess/ (Shortfall)	

$	39,383	

$	-	

$	-		

Series 2019 Bond Information

Original Par Amount =	$9,860,000	Annual Principal Payments Due =	November 1st	
Interest Rate =	3.00% - 4.75%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =	August 2019			
Maturity Date =

Par Amount As Of 1/1/26 =	November 2049

$8,665,000			

Page 13

GULFSTREAM POLO COMMUNITY DEVELOPMENT DISTRICT ASSESSMENT COMPARISON

Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year
2022/2023	2023/2024	2024/2025	2025/2026	2026/2027
  Assessment*   	Assessment*	 	Assessment*	 	Assessment*	   Projected Assessment*	
Pod B
O & M For Single Family Residential (Pod B)	
$	111.35		
$	
111.35		
$	
111.35		
$	
111.35		
$	
111.35	
Debt For Single Family Residential (Pod B)	$	1,164.89		$	1,164.89		$	1,164.89		$	1,164.89		$	1,164.89	
Total For Single Family Residential (Pod B)	$	1,276.24		$	1,276.24		$	1,276.24		$	1,276.24		$	1,276.24	
O & M For Zero Lot Line Residential (Pod B)	$	111.35		$	111.35		$	111.35		$	111.35		$	111.35	
Debt For Zero Lot Line Residential (Pod B)	$	1,063.82		$	1,063.82		$	1,063.82		$	1,063.82		$	1,063.82	
Total For Zero Lot Line Residential (Pod B)	$	1,175.17		$	1,175.17		$	1,175.17		$	1,175.17		$	1,175.17	
O & M For Residential Townhomes (Pod B)	$	111.35		$	111.35		$	111.35		$	111.35		$	111.35	
Debt For Residential Townhomes (Pod B)	$	814.89		$	814.89		$	814.89		$	814.89		$	814.89	
Total For Residential Townhomes (Pod B)	$	926.24		$	926.24		$	926.24		$	926.24		$	926.24	
Pods C, D & E														
O & M For Single Family Residential (Pods C, D & E)	$	111.35		$	111.35		$	111.35		$	111.35		$	111.35	
Debt For Single Family Residential (Pods C, D & E)	$	1,159.28		$	1,159.28		$	1,159.28		$	1,159.28		$	1,159.28	
Total For Single Family Residential (Pod C, D & E)	$	1,270.63		$	1,270.63		$	1,270.63		$	1,270.63		$	1,270.63	
O & M For Zero Lot Line Residential (Pods C, D & E)	$	111.35		$	111.35		$	111.35		$	111.35		$	111.35	
Debt For Zero Lot Line Residential (Pods C, D & E)	$	1,058.70		$	1,058.70		$	1,058.70		$	1,058.70		$	1,058.70	
Total For Zero Lot Line Residential (Pods C, D & E)	$	1,170.05		$	1,170.05		$	1,170.05		$	1,170.05		$	1,170.05	
O & M For Residential Townhomes (Pods C, D & E)	$	111.35		$	111.35		$	111.35		$	111.35		$	111.35	
Debt For Residential Townhomes (Pods C, D & E)	$	810.97		$	810.97		$	810.97		$	810.97		$	810.97	
Total For Residential Townhomes (Pods C, D & E)	$	922.32		$	922.32		$	922.32		$	922.32		$	922.32	

* Assessments Include the Following:
4% Discount for Early Payments
1% County Tax Collector Fee
1% County Property Appraiser Fee

 Community Information:	
Pod B Units	
Total Units		
Single Family Residential:	1	Pod B Units	227	
Zero Lot Line Residential:	86	Pod C, D & E Units	676	
Residential Townhome Units	140
Total Units	227	Total Units	903	
Pod C, D & E Units			
Single Family Residential:	56	 Pod C, D & E Townhome Information		
Zero Lot Line Residential:	273	Total Units	347	
Residential Townhome Units	347	Prepayments	1	
Total Units	676	Billed For Debt	346	

V