RESOLUTION 2026-03 A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE MAYFAIR COMMUNITY DEVELOPMENT DISTRICT DECLARING SPECIAL ASSESSMENTS; INDICATING THE LOCATION, NATURE AND ESTIMATED COST OF THOSE IMPROVEMENTS FOR WHICH ALL OR A PORTION OF THE COST IS TO BE DEFRAYED BY THE SPECIAL ASSESSMENTS; PROVIDING THE PORTION OF THE ESTIMATED COST OF THE IMPROVEMENTS TO BE DEFRAYED BY THE SPECIAL ASSESSMENTS; PROVIDING THE MANNER IN WHICH SUCH SPECIAL ASSESSMENTS SHALL BE MADE; PROVIDING WHEN SUCH SPECIAL ASSESSMENTS SHALL BE MADE; DESIGNATING LANDS UPON WHICH THE SPECIAL ASSESSMENTS SHALL BE LEVIED; PROVIDING FOR AN ASSESSMENT PLAT; AUTHORIZING THE PREPARATION OF AND APPROVING A PRELIMINARY ASSESSMENT ROLL; PROVIDING FOR A PUBLIC HEARING TO CONSIDER THE ADVISABILITY AND PROPRIETY OF SAID ASSESSMENTS AND THE RELATED IMPROVEMENTS; PROVIDING FOR PUBLICATION OF THIS RESOLUTION. WHEREAS, the Board of Supervisors of the Mayfair Community Development District (the “Board") hereby determines to construct and/or acquire certain public improvements (the "Improvements") as described and set forth in the plans and specifications available for review at the offices of the District Manager located at 5385 N. Nob Hill Rd., Sunrise, FL 33351 (collectively, the “District Offices”); and WHEREAS, the Mayfair Community Development District ("District") is empowered by Chapters 170, 190 and 197, Florida Statutes, to finance, fund, plan, establish, acquire, construct, or reconstruct, enlarge or extend, equip, operate and/or maintain the Improvements and to impose, levy and collect the Assessments (as defined below); and WHEREAS, the Board finds that it is in the best interest of the District to pay the cost of all or a portion of the Improvements by imposing, levying, and collecting special assessments pursuant to Chapters 170, 190 and 197, Florida Statutes (“Assessments”); and WHEREAS, the District hereby determines that benefits will accrue to the property improved, the amount of those benefits, and that special assessments will be made in proportion to the benefits received as outlined in the District’s Master Assessment Methodology dated January 08, 2026 (the “Assessment Report”), a copy of which is available for review in the offices of Governmental Management Services-South Florida, LLC, located at 5385 N Nob Hill Rd., Sunrise, FL 33351 and incorporated by reference as part of this Resolution, and which is on file in the District Offices. WHEREAS, the District hereby determines that the Assessments to be levied will not exceed the benefits to the property so improved. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE MAYFAIR COMMUNITY DEVELOPMENT DISTRICT, THAT: 1. The foregoing recitals are hereby incorporated as the findings of fact of the Board. 2. Assessments shall be levied to defray a portion of the cost of the Improvements. 3. The nature of the Improvements generally consists of, but are not limited to, roadway improvements; stormwater management and control facilities, including, but not limited to, related earthwork; certain off-site improvements; water, wastewater facilities including any applicable connection fees; reclaimed water facilities; public trail system; if applicable, undergrounding differential cost of electric utilities; landscape irrigation and hardscape improvements in public areas; public recreational facilities; and all related soft and incidental costs all as described more particularly in the Engineer’s Report, dated January 08, 2026 (“Engineer’s Report”) a copy of which is available for review in the offices of Governmental Management Services-South Florida, LLC, located at 5385 N Nob Hill Rd., Sunrise, FL 33351, as amended from time to time, and in the plans and specifications on file in the District Offices, which are all by specific reference incorporated herein and made part hereof. 4. The general location of the Improvements is approximately +/- 315 acres of previously densely wooded area within the City of Melbourne in Brevard County, Florida. It is located in Section 15, Township 28 South, Range 37 East, and bordered by a few public rights-of-way: east of Babcock Street, west of Lipscomb Street, north of Pirate Lane, and located on the north and south sides of Florida Avenue, as shown on the plans and specifications referred to above. 5. The estimated cost of the Improvements is approximately $24,470,337.49(hereinafter referred to as the “Estimated Cost”) based on the Engineer’s Report. 6. The Assessments will defray approximately $28,930,000, which includes the Estimated Cost, plus financing-related costs, capitalized interest, debt service reserve, and contingency. 7. The manner in which the Assessments shall be apportioned and paid is contained in the Assessment Report. As provided in further detail in the Assessment Report, the Assessments will be levied initially on a per-acre basis since the Improvements increase the value of all the lands within the District. On and after the date benefited lands within the District are specifically platted, the Assessments as to platted lots will be levied in accordance with the Assessment Report. 8. The Assessments shall be levied in accordance with the Assessment Report referenced above on all lots and lands within the District which are adjoining and contiguous or bounding and abutting upon the Improvements or specially benefited thereby and further designated by the assessment plat hereinafter provided for. 9. There is on file District Offices an assessment plat showing the area to be assessed, with the plans and specifications describing the Improvements and the Estimated Cost; all of which shall be open to inspection by the public. 10. The District Manager is hereby authorized and directed to cause, and has caused, to be made a preliminary assessment roll which shows the lots and lands assessed, the amount of benefit to and the assessment against each lot or parcel of land and the number of annual installments into which the assessment is divided. 11. In accordance with the Assessment Report and commencing with the year in which the District is obligated to make payment of a portion of the Estimated Cost of the Improvements acquired and/or constructed by the District, the Assessments shall be paid in not more than thirty (30) annual installments payable at the same time and in the same manner as are ad-valorem taxes and as prescribed by Chapter 197, Florida Statutes; provided, however, that in the event the non-ad-valorem assessment method of collecting the Assessments is not available to the District in any year, or the District determines not to utilize the provisions of Chapter 197, F.S., the Assessments may be collected as otherwise permitted by law. 12. Upon completion of the preliminary assessment roll, the Board shall adopt a subsequent resolution to fix a time and place at which the owners of property to be assessed or any other persons interested therein may appear before the Board and be heard as to the propriety and advisability of the Assessments or the making of the Improvements, the cost thereof, the manner of payment therefor or the amount thereof to be assessed against each property as improved; and to authorize such notice and publications of same as may be required by Chapter 170, Florida Statutes, or other applicable law. 13. Pursuant to Section 170.05, Florida Statutes, the District Manager is hereby directed to cause this Resolution to be published twice in a newspaper of general circulation within Broward County, Florida. PASSED AND ADOPTED this 8th day of January 2026. MAYFAIR COMMUNITY DEVELOPMENT DISTRICT Pub: Feb 10 & 17, 2026; #12003140