FLORIDA GREEN FINANCE AUTHORITY

Regular Board Meeting & Public Hearing September 11, 2025
2:00 P.M.

AGENDA
FLORIDA GREEN FINANCE AUTHORITY
Town of Lantana 500 Greynolds Circle
Lantana, Florida 33462
1-800-743-4099 Access 9363638 REGULAR BOARD MEETING & PUBLIC HEARING
September 11, 2025
2:00 p.m.

Call to Order
Proof of Publication	Page 1
Establish Quorum
Additions or Deletions to Agenda
Comments from the Public for Items Not on the Agenda
Approval of Minutes
June 27, 2025 Regular Board Meeting	Page 4
Status/Program Update – Information Report…	Page 9
Residential
Commercial
Public Hearing
Proof of Publication	Page 16
Receive Public Comments on Fiscal Year 2025/2026 Final Budget
Consider Resolution No. 2025-05 – Adopting a Fiscal Year 2025/2026 Final Budget	Page 19
Old Business
Update Regarding Ongoing PACE Litigation in Florida
New Business
Consider Resolution No. 2025-06 – Reorganizing the Board of Supervisors	Page 28
Consider Resolution No. 2025-07 – Adopting a Fiscal Year 2025/2026 Meeting Schedule…	Page 30
Consider Resolution No. 2025-08 – Adopting a Fiscal Year 2024/2025 Amended Budget	Page 33
Administrative Matters
Discussion Regarding Conference Attendance Policy	Page 38
Board Member Comments
Adjourn

Publication Date 2025-08-29

Subcategory Miscellaneous Notices

Notice of Public Hearing
and Regular Board Meeting of the Florida Green Finance Authority
NOTICE IS HEREBY GIVEN that the Board of Supervisors (Board) of the Florida Green Finance Authority (Authority) will hold a Public Hearing & Regular Board Meeting on September 11, 2025, at 2:00 P.M. (EST) at the Town of Lantana located at 500 Greynolds Circle, Lantana, Florida 33462.
The purpose of the Public Hearing is to receive public comment on the Fiscal Year 2025/2026 Proposed Final Budget of the Florida Green Finance Authority. A copy of the Budget and/or the Agenda may be obtained from the Authoritys website or at the offices of the Authority Manager, 2501A Burns Road, Palm Beach Gardens, Florida 33410, during normal business hours. The purpose of the Regular Board Meeting is for the Board to consider any other business which may properly come before it. The meetings are open to the public and will be conducted in accordance with the provisions of Florida law. Meetings may be continued as found necessary to a time and place specified on the record.
Such meeting will involve the use of Communications Media Technology. Members of the public may attend and participate in the meeting from the Actual Meeting Location, as well as Remote Meeting Locations. Said locations where members of the public may attend and participate are as follows:
Palm Beach County, FL: Town of Lantana (Actual Meeting Location) 500 Greynolds Circle
Lantana, FL 33462
Sarasota County, FL: City of North Port (Remote Meeting Location) 1100 North Chamberlain Boulevard
North Port, FL 34286
Escambia County, FL: Whibbs Conference Room (Remote Meeting Location)
City of Pensacola City Hall, 1st Floor 222 West Main Street Pensacola, FL 32502
(2:00 P.M. Eastern/1:00 P.M. Central)
If any person decides to appeal any decision made with respect to any matter considered at this meeting, such person will need a record of the proceedings and such person may need to ensure that a verbatim record of the proceedings is made at his or her own expense and which record includes the testimony and evidence on which the appeal is based.
In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accommodations or an interpreter to participate at this meeting should contact the Authority Manager at 561- 630-4922 and/or toll free at 1-877-737-4922 at least seven (7) days prior to the date of the meeting.
Meetings may be cancelled from time to time without advertised notice. FLORIDA GREEN FINANCE AUTHORITY
www.flgfa.org
8/22, 8/29/25 #11584088

Publication Date 2025-08-29

Subcategory Miscellaneous Notices

Notice of Public Hearing
and Regular Board Meeting of the Florida Green Finance Authority
NOTICE IS HEREBY GIVEN that the Board of Supervisors (Board) of the Florida Green Finance Authority (Authority) will hold a Public Hearing & Regular Board Meeting on September 11, 2025, at 2:00 P.M. (EST) at the Town of Lantana located at 500 Greynolds Circle, Lantana, Florida 33462.
The purpose of the Public Hearing is to receive public comment on the Fiscal Year 2025/2026 Proposed Final Budget of the Florida Green Finance Authority. A copy of the Budget and/or the Agenda may be obtained from the Authoritys website or at the offices of the Authority Manager, 2501A Burns Road, Palm Beach Gardens, Florida 33410, during normal business hours. The purpose of the Regular Board Meeting is for the Board to consider any other business which may properly come before it. The meetings are open to the public and will be conducted in accordance with the provisions of Florida law. Meetings may be continued as found necessary to a time and place specified on the record.
Such meeting will involve the use of Communications Media Technology. Members of the public may attend and participate in the meeting from the Actual Meeting Location, as well as Remote Meeting Locations. Said locations where members of the public may attend and participate are as follows:
Palm Beach County, FL: Town of Lantana (Actual Meeting Location) 500 Greynolds Circle
Lantana, FL 33462
Sarasota County, FL: City of North Port (Remote Meeting Location) 1100 North Chamberlain Boulevard
North Port, FL 34286
Escambia County, FL: Whibbs Conference Room (Remote Meeting Location) City of Pensacola
City Hall, 1st Floor 222 West Main Street Pensacola, FL 32502
(2:00 P.M. Eastern/ 1:00 P.M. Central)
If any person decides to appeal any decision made with respect to any matter considered at this meeting, such person will need a record of the proceedings and such person may need to ensure that a verbatim record of the proceedings is made at his or her own expense and which record includes the testimony and evidence on which the appeal is based.
In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accommodations or an interpreter to participate at this meeting should contact the Authority Manager at 561- 630-4922 and/or toll free at 1-877-737-4922 at least seven (7) days prior to the date of the meeting.
Meetings may be cancelled from time to time without advertised notice. FLORIDA GREEN
FINANCE AUTHORITY
www.flgfa.org
PUBLISH: SARASOTA HERALD-TRIBUNE (SARASOTA) 08/22/25 & 08/29/25 #11584078

Publication Date 2025-08-29

Subcategory Miscellaneous Notices

Notice of Public Hearing
and Regular Board Meeting of the Florida Green Finance Authority
NOTICE IS HEREBY GIVEN that the Board of Supervisors (Board) of the Florida Green Finance Authority (Authority) will hold a Public Hearing & Regular Board Meeting on September 11, 2025, at 2:00 P.M. (EST) at the Town of Lantana located at 500 Greynolds Circle, Lantana, Florida 33462.
The purpose of the Public Hearing is to receive public comment on the Fiscal Year 2025/2026 Proposed Final Budget of the Florida Green Finance Authority. A copy of the Budget and/or the Agenda may be obtained from the Authoritys website or at the offices of the Authority Manager, 2501A Burns Road, Palm Beach Gardens, Florida 33410, during normal business hours. The purpose of the Regular Board Meeting is for the Board to consider any other business which may properly come before it. The meetings are open to the public and will be conducted in accordance with the provisions of Florida law. Meetings may be continued as found necessary to a time and place specified on the record.
Such meeting will involve the use of Communications Media Technology. Members of the public may attend and participate in the meeting from the Actual Meeting Location, as well as Remote Meeting Locations. Said locations where members of the public may attend and participate are as follows:
Palm Beach County, FL: Town of Lantana (Actual Meeting Location) 500 Greynolds Circle
Lantana, FL 33462
Sarasota County, FL: City of North Port (Remote Meeting Location) 1100 North Chamberlain Boulevard
North Port, FL 34286
Escambia County, FL: Whibbs Conference Room (Remote Meeting Location)
City of Pensacola City Hall, 1st Floor 222 West Main Street Pensacola, FL 32502
(2:00 P.M. Eastern/1:00 P.M. Central)
If any person decides to appeal any decision made with respect to any matter considered at this meeting, such person will need a record of the proceedings and such person may need to ensure that a verbatim record of the proceedings is made at his or her own expense and which record includes the testimony and evidence on which the appeal is based.
In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accommodations or an interpreter to participate at this meeting should contact the Authority Manager at 561- 630-4922 and/or toll free at 1-877-737-4922 at least seven (7) days prior to the date of the meeting.
Meetings may be cancelled from time to time without advertised notice. FLORIDA GREEN FINANCE AUTHORITY
www.flgfa.org
8/22, 8/29/25 #11584178

MINUTES
FLORIDA GREEN FINANCE AUTHORITY REGULAR BOARD MEETING AND PUBLIC HEARING
JUNE 27, 2025

Call to Order
District Manager Andrew Karmeris called the June 27, 2025, Regular Board Meeting of the Florida Green Finance Authority to order at 2:00 p.m. at the Town of Mangonia Park located at 1755 East Tiffany Drive, Mangonia Park, Florida 33407.

Proof of Publication
Proof of publication was presented showing that notice of the Regular Board Meeting been published in the Palm Beach Post, Sarasota Herald Tribune, and Pensacola News Journal on June 17, 2025, as legally required.

Establish Quorum
A quorum was established with the following Supervisors present:

Supervisor	Jurisdiction		
Alternate Elizabeth Eassa	Town of Lantana	Present	
Alternate Darrion Scott	Town of Mangonia Park	Present	
Wayne Messam	Town of Miramar	Present	
Dave Robau	City of Pensacola	Present (via telephone)	
Tricia Wisner	City of North Port	Present (via telephone)	

Others present at the meeting included:

Staff Member	Company/Agency	
Andrew Karmeris	Special District Services	
James Candela	Special District Services	
Mitty Barnard	Davis & Associates, P.A.	
Jennifer Rojo-Suarez	Renew Financial	

Others appearing by phone included:

Staff Member	Company/Agency	
Erin Deady	Erin L. Deady, P.A.	
Bill Capko	Lewis, Longman & Walker	
Matthew Choy	Renew Financial	

Laura Bravo	Renew Financial	

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 we no comments from the Public.

Approval of Minutes

March 13, 2025 Regular Board Meeting Minutes

There was a motion made by Supervisor Messam, seconded by Alternate Scott, to approve the minutes of the March 13, 2025 Regular Board Meeting, as presented. The Board was polled:

Supervisor	Jurisdiction	Vote	
Alternate Elizabeth Eassa	Town of Lantana	Yes	
Alternate Darrion Scott	Town of Mangonia Park	Yes	
Wayne Messam	Town of Miramar	Yes	
Dave Robau	City of Pensacola	Yes	
Tricia Wisner	City of North Port	Abstain	

The motion carried 4-0.

Status/Program Update – Information Report

Residential
Ms. Jennifer Rojo-Suarez provided a program update by reviewing the materials in the agenda package. Supervisor Messam asked for a breakdown of complaints by jurisdictions.

Mr. Matthew Choy provided information regarding expansion in Florida and state legislation updates.

Commercial
Ms. Erin Deady also provided an update on State and Federal legislation and fielded questions from the Board.

Old Business

1. Update Regarding Ongoing PACE Litigation in Florida

Ms. Erin Deady informed the Board that there was no update at this time.

New Business

Consider Resolution No. 2025-02 – Adopting a Fiscal Year 2025-2026 Proposed Budget

Mr. Karmeris and Ms. Barnard presented and identified changes from last year to this year.

A motion made by Supervisor Messam, seconded by Alternate Scott to approve Resolution No. 2025-02 – Adopting a Fiscal Year 2025-2026 Proposed Budget and set the Public Hearing for the regularly scheduled September 11, 2025 meeting at Town of Lantana located at 500 Greynolds Circle, Lantana, Florida 33462, as presented.

The Board was polled:

Supervisor	Jurisdiction	Vote	
Alternate Elizabeth Eassa	Town of Lantana	Yes	
Alternate Darrion Scott	Town of Mangonia Park	Yes	
Wayne Messam	Town of Miramar	Yes	
Dave Robau	City of Pensacola	Yes	
Tricia Wisner	City of North Port	Yes	

The motion carried 5-0.

Consider Resolution No. 2025-03 – Approving and Establishing the Applicable Maximum Rates, Fees and Other Charges Imposed on Property Owners in Connection with the Renewpace Program; Providing an Effective Date and for Other Purposes

Ms. Barnard presented this resolution and fielded questions from the Board.

A motion made by Supervisor Messam, seconded by Alternate Scott to approve Resolution No. 2025-03 – Approving and Establishing the Applicable Maximum Rates, Fees and Other Charges Imposed on Property Owners in Connection with the Renewpace Program; Providing an Effective Date and for Other Purposes, as presented.

The Board was polled:

Supervisor	Jurisdiction	Vote	
Alternate Elizabeth Eassa	Town of Lantana	Yes	
Alternate Darrion Scott	Town of Mangonia Park	Yes	

Wayne Messam	Town of Miramar	Yes	
Dave Robau	City of Pensacola	Yes	
Tricia Wisner	City of North Port	Yes	

The motion carried 5-0.

Consider Resolution No. 2025-04 – Approving and Establishing the Applicable Maximum Rates, Fees and Other Charges Imposed on Property Owners in Connection with the Petros C-Pace Program

Ms. Barnard presented this resolution and fielded questions from the Board.

A motion made by Supervisor Messam, seconded by Alternate Scott to approve Resolution No. 2025-04 – Approving and Establishing the Applicable Maximum Rates, Fees and Other Charges Imposed on Property Owners in Connection with the Renewpace Program; Providing an Effective Date and for Other Purposes, as presented.

The Board was polled:

Supervisor	Jurisdiction	Vote	
Alternate Elizabeth Eassa	Town of Lantana	Yes	
Alternate Darrion Scott	Town of Mangonia Park	Yes	
Wayne Messam	Town of Miramar	Yes	
Dave Robau	City of Pensacola	Yes	
Tricia Wisner	City of North Port	Yes	

The motion carried 5-0.

Administrative Matters

1.  Discussion Regarding Conference Stipend

A discussion ensued amongst the Board members regarding the available conferences to attend, their locations, and the amount of cost attending those conferences could be. Supervisor Messam suggested looking at other governmental entities’ policies on the topic and to bring back a resolution or policy for Board approval at the next meeting. Staff agreed.

Board Member Comments

There were no Board member comments.

Adjournment

A motion made by Alternate Eassa, seconded by Alternate Scott to adjourn the meeting at 2:27 p.m., as presented.

The Board was polled:

Supervisor	Jurisdiction	Vote	
Alternate Elizabeth Eassa	Town of Lantana	Yes	
Alternate Darrion Scott	Town of Mangonia Park	Yes	
Wayne Messam	Town of Miramar	Yes	
Dave Robau	City of Pensacola	Yes	
Tricia Wisner	City of North Port	Yes	

The motion carried 5-0.

Chairman/Vice Chair	Secretary/Asst. Secretary

Information Report

DATE:	SEPTEMBER 11, 2025
FGFA PROGRAM:	RENEWPACE – PROPERTY ASSESSED CLEAN ENERGY PROGRAM
PURPOSE:
Update on renewPACE Residential Program
Update on Marketing Efforts
UPDATE ON STATE AND FEDERAL LEGISLATION
Update on RPACE enrolled jurisdictions
Update on Tax Collector Agreements

BOARD MEMBERS:
Chair Nicole Dritz, Town of Lantana
Vice Chair Ken Metcalf, Town of Mangonia Park Dave Robau, City of Pensacola
Tricia Wisnwer, City of North Port Jennifer McMahon, City of Cooper City

Background:

RenewPACE is a Program of the Florida Green Finance Authority (the “Authority”) designed to offer communities, property owners and capital providers a multitude of options for investing in community improvements that save both energy and money. The Authority Board of Supervisors (“Board”) is being asked to hear or consider several items for the RenewPACE residential program, as well as administrative items related to the management of the Authority:

Discussion:

UPDATE ON RENEWPACE RESIDENTIAL PROGRAM

Program Application Statistics (as of 9/3/2025)
The program is contributing to the local goals of creating jobs and saving energy.
Jobs created: 16,991

1

Utility bill savings electricity (lifetime): $ 283,536,218
Utility bill savings natural gas (lifetime): $43,436,741
Lifetime energy generation & savings:
Renewable energy generated (kWh): 946,138,984
Energy saved (kWh): 473,032,235
Therms saved: 34,473,604
Green House Gas Reductions: 586,212 metric tons Below is a summary of program application statistics.
As of 9/3/2025	11/9/2023	02/12/2024	6/11/2024	8/21/2024	11/19/2024	3/4/2025	6/5/2025	9/3/2025	
#
Applications	97,512	101,360	104,278	109,230	115,201	120,881	127,533	135,171	
Total App
Value	$2,687,976
,472	$2,858,991,
723	$2,954,903,
381	$3,140,514,
156	$3,346,745,
619	$3,545,750,
301	$3,761,125,
412	$4,011,015,
516	
Average Assessment Value	$26,418	$26,869	$27,172	$27,405	$27,661	$28,028	$28,329	$28,548	
Notice to Proceed
(#/$)*	38,768 /
$1,080,768
,080	40,250 /
$1,130,154, 333	42,858 /
$1,220,626, 621	44,562 /
$1,278,446, 082	46,557 /
$1,346,320, 609	48,477 /
$1,412, 412, 298	50,956 /
$1,495, 670, 091	53,439
/ $ 1, 575,
824,630	
Funded (#/$)	27,074 /
$715,592, 313	28,112 /
$752,654, 933	29,881 /
$811,935, 778	30,990 /
$849,284, 841	32,493 /
$898,772, 858	34,339 /
$962,442, 405	36,188 /
$1,025, 182,746	38,038/$
1,085,903,
205	
# Active Contractors	759	725	726	741	754	802	886	892	
# Counties Approved
(RPACE)	25	24	24	24	24	25	25	25	
*Inclusive of funded projects

*Q3 2025 up to 9/3/2025

As of 9/3/2025	# of Applications	Total Application Value	NTP # / $*	Funded (#/$)	
Town of Lantana	271	$8,073,953	117 / $3,339,853	79 / $2,187,321	
Town of Mangonia Park	36	$1,152,920	20 / $676,076	12 / $275,343	
City of North Port	753	$16,937,048	339 / $6,230,067	278 / $4,921,350	
City of Pensacola	100	$3,077,987	6 / $154,709	2 / $49,031	
City of Cooper City	475	$15,407,549	182/ $6,375,801	143 / $4,875,513	
*Inclusive of funded projects

Applications have been submitted for a range of products including air source heat pumps, insulation, duct replacement, water heaters, windows, wind-resistant shingles, storm windows, storm shutters, doors, central air conditioners, solar, and roofs.

Renewable Energy Project %	Energy Efficiency Project %	Safety & Resilience Project %	
15%	20%	65%	

Program Policy Updates

Per Resolution 2016-03 (Section 9), the Board authorized the Program Administrator to amend the Residential Handbook from time to time. Per Exhibit A of the Third-Party Administration Services Agreement Section I.3.a.iv, Renew Financial is responsible for maintaining “Program Application & Funding Request Forms”. The following is a brief summary of the updates. Renew Financial has provided an opportunity for review of the policy details to the standard working group that includes Special District Services, legal counsels, and key partners prior to implementing any new policy.

Consumer Complaints

Renew Financial tracks consumer complaints. There are currently 100 unresolved complaints. Complaints are addressed through outreach to the property owner(s) and contractor (if applicable). Complaints were resolved in an average of 67 calendar days. Renew Financial makes every effort to address and resolve issues quickly. Delays in resolution may occur depending on availability of the parties and degree of the complaint. Resolution resulted in a variety of actions including, but not limited to, additional training of contractor, confirmation of key terms with property owner, withdraw of application at request of property owner, and refund of a portion of the cost to the property owner by the contractor.

Below is a brief summary of complaints (as of 9/3/2025):
Number of complaints received and resolved since program launch in 2016: 1,589
Complaint Rate: 4.2%
Contractor related complaints: 1426
Most common categories of complaints: Workmanship; Delayed/Incomplete Projects

Update on Marketing efforts

Any updates will be provided at the Authority Board meeting.

UPDATE ON STATE AND FEDERAL LEGISLATION

Any updates will be provided at the Authority Board meeting.

UPDATE ON ENROLLED JURISDICTIONS (see list on the following pages)

Map of Residential Opt-Ins:

BREVARD
Cape Canaveral
Indian Harbour Beach
Satellite Beach

BROWARD
Coconut Creek*
Cooper City*
Coral Springs*
Dania Beach*
Davie*
Deerfield Beach*
Fort Lauderdale
Hallandale Beach*
Hillsboro Beach*
Hollywood*
Lauderdale-by-the-Sea*
Lauderdale Lakes*

ESCAMBIA
Century (CPACE)
Pensacola
Unincorporated County (CPACE)

HILLSBOROUGH
Unincorporated County

HIGHLANDS
Sebring (CPACE)
Lake Placid (CPACE)
Avon Park (CPACE)
Unincorporated County (CPACE)

INDIAN RIVER
Fellsmere

OSCEOLA
Kissimmee*
St. Cloud*
Unincorporated County

PALM BEACH
Atlantis*
Belle Glade*
Boca Raton*
Boynton Beach
Briny Breezes*
Cloud Lake*
Delray Beach
Glen Ridge*
Golf
Greenacres*
Gulfstream*
Haverhill*

Lauderhill*
Lazy Lake*
Lighthouse Point*
Margate
Miramar
North Lauderdale*
Oakland Park*
Parkland*
Pembroke Park*
Pembroke Pines
Plantation*
Pompano Beach
Sea Ranch Lakes*
Southwest Ranches*
Sunrise*
Tamarac*
Weston*
West Park*
Wilton Manors*
Unincorporated County*

CHARLOTTE (CPACE)
Punta Gorda
Unincorporated County

CITRUS
Inverness*
Crystal River*
Unincorporated County

COLLIER
Naples
Unincorporated County (CPACE)

COLUMBIA
Unincorporated County (CPACE)

DUVAL
Jacksonville (CPACE)

Sebastian
Unincorporated County (CPACE)

JEFFERSON
Monticello*
Unincorporated County

LAKE
Eustis (CPACE)
Leesburg
Mount Dora
LEE
Bonita Springs
Cape Coral
Estero
Fort Myers

LEVY
Williston
Unincorporated County

MANATEE
Bradenton*
Bradenton Beach*
Palmetto*
Unincorporated County

MARION
Unincorporated County

MARTIN
Sewall’s Point
Stuart
Unincorporated County

MIAMI-DADE
Aventura
Biscayne Park
Coral Gables
Cutler Bay
Doral
El Poral
Hialeah
Hialeah Gardens
Homestead
Key Biscayne
Medley
Miami
Miami Beach
Miami Gardens
Miami Lakes
Miami Shores Village
Miami Springs
North Bay Village
North Miami

Highland Beach*
Hypoluxo*
Juno Beach*
Jupiter*
Jupiter Inlet Colony*
Lake Clarke Shores*
Lake Park*
Lake Worth
Lantana
Loxahatchee Groves*
Manalapan*
Mangonia Park
North Palm Beach
Ocean Ridge*
Pahokee*
Palm Beach*
Palm Beach Gardens*
Palm Beach Shores
Palm Springs*
Riviera Beach*
Royal Palm Beach*
South Bay*
South Palm Beach*
Tequesta
Wellington*
West Lake*
West Palm Beach
Unincorporated County

PASCO
Port Richey
Zephyrhills
Unincorporated County

PINELLAS
Gulfport (CPACE)

SARASOTA
North Port*
Sarasota*
Venice*
Unincorporated County

SEMINOLE
Longwood
Oviedo
Sanford

ST. JOHNS
Unincorporated County (CPACE)

SUWANNEE
Branford
Live Oak
Unincorporated County

North Miami Beach
Opa-Locka
Palmetto Bay
Pinecrest
South Miami
Surfside
Sweetwater
Virginia Gardens
West Miami
Unincorporated County

MONROE
Islamorada*
Key Colony Beach*
Key West*
Layton*
Marathon*
Unincorporated County
NASSAU
Fernandina Beach

ORANGE
Apopka
Belle Isle
Ocoee (CPACE)
Orlando
Winter Garden (CPACE)
Winter Haven (CPACE)
Winter Park
Unincorporated County (CPACE)

VOLUSIA
Edgewater
Orange City
Port Orange
Unincorporated County (CPACE)

Those jurisdictions denoted with an asterisk became Parties to the Authority through the County’s Interlocal Agreement.

2 Please note that with regard to Sebastian that while it had signed onto the Original ILA, we are currently in extended discussions with this jurisdiction about signing onto to the updated Second Amended and Restated ILA. Until we finalize these discussions we have verbally agreed not to activate residential PACE in the jurisdiction until those discussions have concluded.
UPDATE ON TAX COLLECTOR AGREEMENTS

Uniform Collection Agreements are currently in place with the following county Tax Collector’s offices: Alachua, Brevard, Broward, Charlotte, Citrus, Collier, Duval, Escambia, Hernando, Highlands, Hillsborough, Indian River, Lake, Lee, Levy, Manatee, Marion (re-executed), Martin, Miami-Dade, Monroe, Nassau, Okeechobee, Orange, Osceola, Palm Beach, Pasco, Pinellas, Polk, Sarasota, Seminole, St. Johns, Suwannee, and Volusia.

An updated agreement with the Hillsborough County Tax Collector is also currently being negotiated.

Publication Date 2025-08-29

Subcategory Miscellaneous Notices

Notice of Public Hearing
and Regular Board Meeting of the Florida Green Finance Authority
NOTICE IS HEREBY GIVEN that the Board of Supervisors (Board) of the Florida Green Finance Authority (Authority) will hold a Public Hearing & Regular Board Meeting on September 11, 2025, at 2:00 P.M. (EST) at the Town of Lantana located at 500 Greynolds Circle, Lantana, Florida 33462.
The purpose of the Public Hearing is to receive public comment on the Fiscal Year 2025/2026 Proposed Final Budget of the Florida Green Finance Authority. A copy of the Budget and/or the Agenda may be obtained from the Authoritys website or at the offices of the Authority Manager, 2501A Burns Road, Palm Beach Gardens, Florida 33410, during normal business hours. The purpose of the Regular Board Meeting is for the Board to consider any other business which may properly come before it. The meetings are open to the public and will be conducted in accordance with the provisions of Florida law. Meetings may be continued as found necessary to a time and place specified on the record.
Such meeting will involve the use of Communications Media Technology. Members of the public may attend and participate in the meeting from the Actual Meeting Location, as well as Remote Meeting Locations. Said locations where members of the public may attend and participate are as follows:
Palm Beach County, FL: Town of Lantana (Actual Meeting Location) 500 Greynolds Circle
Lantana, FL 33462
Sarasota County, FL: City of North Port (Remote Meeting Location) 1100 North Chamberlain Boulevard
North Port, FL 34286
Escambia County, FL: Whibbs Conference Room (Remote Meeting Location)
City of Pensacola City Hall, 1st Floor 222 West Main Street Pensacola, FL 32502
(2:00 P.M. Eastern/1:00 P.M. Central)
If any person decides to appeal any decision made with respect to any matter considered at this meeting, such person will need a record of the proceedings and such person may need to ensure that a verbatim record of the proceedings is made at his or her own expense and which record includes the testimony and evidence on which the appeal is based.
In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accommodations or an interpreter to participate at this meeting should contact the Authority Manager at 561- 630-4922 and/or toll free at 1-877-737-4922 at least seven (7) days prior to the date of the meeting.
Meetings may be cancelled from time to time without advertised notice. FLORIDA GREEN FINANCE AUTHORITY
www.flgfa.org
8/22, 8/29/25 #11584088

Publication Date 2025-08-29

Subcategory Miscellaneous Notices

Notice of Public Hearing
and Regular Board Meeting of the Florida Green Finance Authority
NOTICE IS HEREBY GIVEN that the Board of Supervisors (Board) of the Florida Green Finance Authority (Authority) will hold a Public Hearing & Regular Board Meeting on September 11, 2025, at 2:00 P.M. (EST) at the Town of Lantana located at 500 Greynolds Circle, Lantana, Florida 33462.
The purpose of the Public Hearing is to receive public comment on the Fiscal Year 2025/2026 Proposed Final Budget of the Florida Green Finance Authority. A copy of the Budget and/or the Agenda may be obtained from the Authoritys website or at the offices of the Authority Manager, 2501A Burns Road, Palm Beach Gardens, Florida 33410, during normal business hours. The purpose of the Regular Board Meeting is for the Board to consider any other business which may properly come before it. The meetings are open to the public and will be conducted in accordance with the provisions of Florida law. Meetings may be continued as found necessary to a time and place specified on the record.
Such meeting will involve the use of Communications Media Technology. Members of the public may attend and participate in the meeting from the Actual Meeting Location, as well as Remote Meeting Locations. Said locations where members of the public may attend and participate are as follows:
Palm Beach County, FL: Town of Lantana (Actual Meeting Location) 500 Greynolds Circle
Lantana, FL 33462
Sarasota County, FL: City of North Port (Remote Meeting Location) 1100 North Chamberlain Boulevard
North Port, FL 34286
Escambia County, FL: Whibbs Conference Room (Remote Meeting Location) City of Pensacola
City Hall, 1st Floor 222 West Main Street Pensacola, FL 32502
(2:00 P.M. Eastern/ 1:00 P.M. Central)
If any person decides to appeal any decision made with respect to any matter considered at this meeting, such person will need a record of the proceedings and such person may need to ensure that a verbatim record of the proceedings is made at his or her own expense and which record includes the testimony and evidence on which the appeal is based.
In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accommodations or an interpreter to participate at this meeting should contact the Authority Manager at 561- 630-4922 and/or toll free at 1-877-737-4922 at least seven (7) days prior to the date of the meeting.
Meetings may be cancelled from time to time without advertised notice. FLORIDA GREEN
FINANCE AUTHORITY
www.flgfa.org
PUBLISH: SARASOTA HERALD-TRIBUNE (SARASOTA) 08/22/25 & 08/29/25 #11584078

Publication Date 2025-08-29

Subcategory Miscellaneous Notices

Notice of Public Hearing
and Regular Board Meeting of the Florida Green Finance Authority
NOTICE IS HEREBY GIVEN that the Board of Supervisors (Board) of the Florida Green Finance Authority (Authority) will hold a Public Hearing & Regular Board Meeting on September 11, 2025, at 2:00 P.M. (EST) at the Town of Lantana located at 500 Greynolds Circle, Lantana, Florida 33462.
The purpose of the Public Hearing is to receive public comment on the Fiscal Year 2025/2026 Proposed Final Budget of the Florida Green Finance Authority. A copy of the Budget and/or the Agenda may be obtained from the Authoritys website or at the offices of the Authority Manager, 2501A Burns Road, Palm Beach Gardens, Florida 33410, during normal business hours. The purpose of the Regular Board Meeting is for the Board to consider any other business which may properly come before it. The meetings are open to the public and will be conducted in accordance with the provisions of Florida law. Meetings may be continued as found necessary to a time and place specified on the record.
Such meeting will involve the use of Communications Media Technology. Members of the public may attend and participate in the meeting from the Actual Meeting Location, as well as Remote Meeting Locations. Said locations where members of the public may attend and participate are as follows:
Palm Beach County, FL: Town of Lantana (Actual Meeting Location) 500 Greynolds Circle
Lantana, FL 33462
Sarasota County, FL: City of North Port (Remote Meeting Location) 1100 North Chamberlain Boulevard
North Port, FL 34286
Escambia County, FL: Whibbs Conference Room (Remote Meeting Location)
City of Pensacola City Hall, 1st Floor 222 West Main Street Pensacola, FL 32502
(2:00 P.M. Eastern/1:00 P.M. Central)
If any person decides to appeal any decision made with respect to any matter considered at this meeting, such person will need a record of the proceedings and such person may need to ensure that a verbatim record of the proceedings is made at his or her own expense and which record includes the testimony and evidence on which the appeal is based.
In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accommodations or an interpreter to participate at this meeting should contact the Authority Manager at 561- 630-4922 and/or toll free at 1-877-737-4922 at least seven (7) days prior to the date of the meeting.
Meetings may be cancelled from time to time without advertised notice. FLORIDA GREEN FINANCE AUTHORITY
www.flgfa.org
8/22, 8/29/25 #11584178

RESOLUTION NO. 2025-05

A RESOLUTION OF THE FLORIDA GREEN FINANCE AUTHORITY ADOPTING A FISCAL YEAR 2025/2026 BUDGET.

WHEREAS, the Florida Green Finance Authority has prepared a Proposed Budget and Final Special Assessment Roll for Fiscal Year 2025/2026 and has held a duly advertised Public Hearing to receive public comments on the Proposed Budget and Final Special Assessment Roll; and,

WHEREAS, following the Public Hearing and the adoption of the Proposed Budget and Final Assessment Roll, the Florida Green Finance Authority is now authorized to levy non-ad valorem assessments upon the properties within the District.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE FLORIDA GREEN FINANCE AUTHORITY THAT:

Section 1.	The Final Budget and Final Special Assessment Roll for Fiscal Year 2025/2026 attached hereto as Exhibit “A” is approved and adopted, and the assessments set forth therein shall be levied.

Section 2.	The Secretary of the Florida Green Finance Authority is authorized to execute any and all necessary transmittals, certifications or other acknowledgements or writings, as necessary, to comply with the intent of this Resolution.
PASSED, ADOPTED and EFFECTIVE this 11th day of September, 2025.

ATTEST:	FLORIDA GREEN FINANCE AUTHORITY

By:			By:		 Secretary/Assistant Secretary			Chairperson/Vice Chairperson

Florida Green Finance Authority

Final Budget For Fiscal Year 2025/2026
October 1, 2025 - September 30, 2026

CONTENTS

FINAL BUDGET

DETAILED FINAL BUDGET

COMMERCIAL BUDGET

RESIDENTIAL BUDGET
PARTICIPANTS

COMMERCIAL BONDS

FINAL BUDGET
FLORIDA GREEN FINANCE AUTHORITY
FISCAL YEAR 2025/2026 OCTOBER 1, 2025 - SEPTEMBER 30, 2026
(Combined Commercial and Residential)

FISCAL YEAR 2025/2026
BUDGET	
		
REVENUES		
Projected Carry Forward Surplus	100,000	
O & M Funding Contributions	270,000	
O & M Assessments (Commercial)	0	
Loan Revenues (Residential)	20,121,895	
Loan Revenues (Commercial)	0	
Other Revenue - Commercial Closing Fees	10,000	
Other Revenue - Administrator Cost Sharing	167,600	
Interest Income	300	
TOTAL REVENUES	$	20,669,795	
		
VARIABLE EXPENDITURES		
Assessment Roll	276,595	
Miscellaneous	10,000	
TOTAL VARIABLE EXPENDITURES	$	286,595	
		
FIXED EXPENDITURES		
Management	48,000	
Legal	90,000	
Audit Fees	16,500	
Insurance	15,000	
Legal Advertisements	9,000	
Travel/Conference	15,000	
New County Set-up Fee	1,000	
Dues & Subscriptions	1,200	
Trustee Fees	4,000	
Website Management	2,000	
Miscellaneous - postage, office supplies, etc.	1,500	
Commercial Closing Fee	60,000	
Palm Beach County Pace Project Fees	20,000	
Financial Advisory Fees	10,000	
TOTAL FIXED EXPENDITURES	$	293,200	
		
TOTAL EXPENDITURES	$	579,795	
		
REVENUES LESS EXPENDITURES	$	20,090,000	
		
Loan Payments (Residential)	(19,700,000)	
Loan Payments (Commercial)	0	
		
BALANCE	$	390,000	
		
Fees (Residential)	(280,000)	
Fees (Commercial)	0	
		
Excess/ (Shortfall)	$	110,000	
		
Program Reinvestment (Residential)	(100,000)	
Program Reinvestment (Commercial)	(10,000)	
		
Net Excess/ (Shortfall)	$	-	
		
Projected Fiscal Year-End Fund Balance	100,000	

Approx. Participants As Of August 2025: 25,145 (this number will decrease as prepaid & matured loans are removed from the roll). Approx. Additions For 2025/2026 (before prepayments have been removed): 6,356

DETAILED FINAL BUDGET
FLORIDA GREEN FINANCE AUTHORITY
FISCAL YEAR 2025/2026 OCTOBER 1, 2025 - SEPTEMBER 30, 2026
(Combined Commercial and Residential)

FISCAL YEAR 2023/2024 ACTUAL	
FISCAL YEAR 2024/2025 BUDGET	
FISCAL YEAR 2025/2026 BUDGET	

COMMENTS	
					
REVENUES					
Projected Carry Forward Surplus	0	100,000	100,000		
O & M Funding Contributions	187,470	270,000	270,000	No Change From 2024/2025 Budget	
O & M Assessments (Commercial)	0	0	0	BrandsMart Has Paid Off 2015-1 Bond	
Loan Revenues (Residential)	43,799,364	20,025,905	20,121,895	Loan Revenues (Residential)	
Loan Revenues (Commercial)	500	0	0	Loan Revenues (Commercial)	
Other Revenue - Commercial Closing Fees	2,500	10,000	10,000		
Other Revenue - Administrator Cost Sharing	151,105	87,050	167,600		
Interest Income	38,427	300	300	Interest Estimated At $25 Per Month	
TOTAL REVENUES	$ 44,179,366	$ 20,493,255	$  20,669,795		
					
VARIABLE EXPENDITURES					
Assessment Roll	243,088	221,155	276,595	25,145 X $11 - Based On Approximate Participants	
Miscellaneous	0	10,000	10,000	Miscellaneous	
TOTAL VARIABLE EXPENDITURES	$	243,088	$	231,155	$	286,595		
					
FIXED EXPENDITURES					
Management	43,910	48,000	48,000	No Change From 2024/2025 Budget	
Legal	101,773	75,000	90,000	$15,000 Increase From 2024/2025 Budget	
Audit Fees	0	16,500	16,500	Per Contract	
Insurance	3,956	3,900	15,000	Insurance Estimate	
Legal Advertisements	3,123	9,000	9,000	No Change From 2024/2025 Budget	
Travel/Conference	0	0	15,000	New Budget Item	
New County Set-up Fee	0	1,000	1,000	Estimated At One New County	
Dues & Subscriptions	815	1,200	1,200	No Change From 2024/2025 Budget	
Trustee Fees	0	4,000	4,000	No Change From 2024/2025 Budget	
Website Management	1,500	2,000	2,000	No Change From 2024/2025 Budget	
Miscellaneous - postage, office supplies, etc.	2,724	1,500	1,500	No Change From 2024/2025 Budget	
Commercial Closing Fee	60,485	0	60,000	New Budget Item	
Palm Beach County Pace Project Fees	19,124	0	20,000	New Budget Item	
Financial Advisory Fees	0	10,000	10,000	Financial Advisory Fees	
TOTAL FIXED EXPENDITURES	$	237,410	$	172,100	$	293,200		
					
TOTAL EXPENDITURES	$	480,498	$	403,255	$	579,795		
					
REVENUES LESS EXPENDITURES	$ 43,698,868	$ 20,090,000	$  20,090,000		
					
Loan Payments (Residential)	(43,284,422)	(19,700,000)	(19,700,000)	Loan Payments (Residential)	
Loan Payments (Commercial)	(485)	0	0	Loan Payments (Commercial)	
					
BALANCE	$	413,961	$	390,000	$	390,000		
					
Fees (Residential)	(476,378)	(280,000)	(280,000)	Fees (Residential)	
Fees (Commercial)	(15)	0	0	Fees (Commercial)	
					
Excess/ (Shortfall)	$	(62,432)	$	110,000	$	110,000		
					
Program Reinvestment (Residential)	0	(100,000)	(100,000)	Program Reinvestment (Residential)	
Program Reinvestment (Commercial)	0	(10,000)	(10,000)	Program Reinvestment (Commercial)	
					
Net Excess/ (Shortfall)	$	(62,432)	$	-	$	-		
					
Projected Fiscal Year-End Fund Balance	0	100,000	100,000		

Approx. Participants As Of August 2025: 25,145 (this number will decrease as prepaid & matured loans are removed from the roll).

Approx. Additions For 2025/2026 (before prepayments have been removed): 6,356

FINAL BUDGET
FLORIDA GREEN FINANCE AUTHORITY
FISCAL YEAR 2025/2026 OCTOBER 1, 2025 - SEPTEMBER 30, 2026
(Commercial Only)

FISCAL YEAR 2025/2026
COMMERCIAL BUDGET	
		
REVENUES		
O & M Assessments (Commercial)	0	
Bond/Loan Revenues (Commercial)	See Commercial Bond Page	
Other Revenue - Commercial Closing Fees	10,000	
Other Revenue - Administrator Cost Sharing	167,600	
Other Revenue - Buy In	0	
TOTAL REVENUES	$	177,600	
		
VARIABLE EXPENDITURES		
Miscellaneous	1,000	
TOTAL VARIABLE EXPENDITURES	$	1,000	
		
FIXED EXPENDITURES		
Management	24,000	
Legal	45,000	
Audit Fees	8,250	
Insurance	7,500	
Legal Advertisements	4,500	
Travel/Conference	7,500	
New County Set-up Fee	500	
Dues	600	
Trustee Fees	2,000	
Website Management	1,000	
Miscellaneous - postage, office supplies, etc.	750	
Commercial Closing Fee	60,000	
Palm Beach County Pace Project Fees	0	
Financial Advisory Fees	5,000	
TOTAL FIXED EXPENDITURES	$	166,600	
		
TOTAL EXPENDITURES	$	167,600	
		
REVENUES LESS EXPENDITURES	$	10,000	
		
Bond/Loan Payments (Commercial)	0	
		
BALANCE	$	10,000	
		
Fees (Commercial)	0	
		
Excess/ (Shortfall)	$	10,000	
		
Program Reinvestment/Carryover Credit	(10,000)	
		
Net Excess/ (Shortfall)	$	-	
		
Projected Fiscal Year-End Fund Balance	$	-	
NOTE: A separate spreadsheet is kept to track provider specific carryover credit that can be applied to quarterly invoices.
9/4/2025 10:21 AM	III

FINAL BUDGET
FLORIDA GREEN FINANCE AUTHORITY
FISCAL YEAR 2025/2026 OCTOBER 1, 2025 - SEPTEMBER 30, 2026
(Residential Only)

FISCAL YEAR 2025/2026
RESIDENTIAL BUDGET	
		
REVENUES		
Projected Carry Forward Surplus	100,000	
O & M Funding Contributions	270,000	
Loan Revenues (Residential)	20,121,895	
Interest Income	300	
TOTAL REVENUES	$	20,492,195	
		
VARIABLE EXPENDITURES		
Assessment Roll	276,595	
Miscellaneous	9,000	
TOTAL VARIABLE EXPENDITURES	$	285,595	
		
FIXED EXPENDITURES		
Management	24,000	
Legal	45,000	
Audit Fees	8,250	
Insurance	7,500	
Legal Advertisements	4,500	
Travel/Conference	7,500	
New County Set-up Fee	500	
Dues	600	
Trustee Fees	2,000	
Website Management	1,000	
Miscellaneous - postage, office supplies, etc.	750	
Commercial Closing Fee	0	
Palm Beach County Pace Project Fees	20,000	
Financial Advisory Fees	5,000	
TOTAL FIXED EXPENDITURES	$	126,600	
		
TOTAL EXPENDITURES	$	412,195	
		
REVENUES LESS EXPENDITURES	$	20,080,000	
		
Loan Payments (Residential)	(19,700,000)	
		
BALANCE	$	380,000	
		
Fees (Residential)	(280,000)	
		
Excess/ (Shortfall)	$	100,000	
		
Program Reinvestment (Residential)	(100,000)	
		
Net Excess/ (Shortfall)	$	-	
		
Projected Fiscal Year-End Fund Balance	100,000	

Approx. Participants As Of August 2025: 25,145 (this number will decrease as prepaid & matured loans are removed from the roll).

Approx. Additions For 2025/2026 (before prepayments have been removed): 6,356

FLORIDA GREEN FINANCE AUTHORITY PARTICIPANTS AS OF AUGUST 2025

COUNTY	
COMMENCING FISCAL YEAR 2022/2023	
COMMENCING FISCAL YEAR 2023/2024	
COMMENCING FISCAL YEAR 2024/2025	
COMMENCING FISCAL YEAR 2025/2026	

TOTAL*	
						
Alachua	2	0	0	0	49	
Brevard	280	256	8	1	843	
Broward	1,020	2,147	1,736	1,894	10,358	
Charlotte	87	11	0	0	375	
Citrus	66	81	87	94	407	
Collier	0	0	1	0	52	
Escambia	0	1	1	0	3	
Hernando	0	0	0	0	238	
Highlands	0	0	1	0	1	
Hillsborough	0	0	0	42	1,423	
Indian River	1	1	2	0	4	
Jefferson	0	0	0	0	1	
Lake	1	0	3	1	5	
Lee	44	89	83	55	348	
Levy	4	7	2	14	40	
Manatee	90	113	142	94	708	
Marion	60	149	110	214	696	
Martin	19	58	21	24	188	
Miami-Dade	1358	2,253	1,723	2,084	10,000	
Monroe	3	7	7	2	29	
Okeechobee	5	18	3	0	26	
Orange	34	35	71	94	404	
Osceola	101	118	100	129	911	
Palm Beach	580	1,334	1,230	1,321	6,255	
Pasco	110	147	85	167	1,464	
Polk	14	21	17	0	73	
Sarasota	112	142	97	89	712	
Seminole	3	11	16	18	77	
Suwannee	0	1	0	3	4	
Volusia	7	19	22	16	73	
Sub-Total	4,001	7,019	5,568	6,356	35,767	
						
Less Prepayments	1,692	1,692	2,422	1,316	10,622	
						
Total	2,309	5,327	3,146	5,040	25,145	

Notes:
*Includes totals from years prior to those shown.
Prepayments include matured loans.
2025/2026 numbers are approximates.
2025/2026 prepayment numbers will continue to accumulate until the start of next year's enrollment.

FLORIDA GREEN FINANCE AUTHORITY COMMERCIAL BONDS AS OF AUGUST 2025

BOND ISSUE	

ORIGINAL PAR AMOUNT	

CURRENT PAR AMOUNT	

MATURITY DATE	

ANNUAL ASSESSMENT AMOUNT	
					
Series 2014 Loan (E&M Spirits)	
$46,550.00	
$0.00	
May 2023	
$9,429.07	
Series 2015-1 (Brandsmart Project)	
$2,225,700.00	
$0.00	
Paid off	
$0.00	
Series 2018 (Dadeland Mall Project)	
$2,595,468.73	
$1,212,490.52	
November 2028	
$350,856.55	
Series 2018A (Orlando Outlets Project)	
$5,562,289.94	
$4,215,060.80	
November 2039	
$496,899.34	
Series 2020-A (Avid Viera)	
$3,471,908.43	
$0.00	
Paid off	
$0.00	
Series 2020-B (Home 2-Palm Bay)	
$3,930,000.00	
$3,698,363.22	
November 2046	
$312,209.65	
Series 2020-C (Hyatt-Palm Bay)	
$5,643,500.00	
$5,310,868.39	
November 2046	
$447,438.17	
Series 2020-D (Pruitt Health - Lutz)	
$3,340,018.09	
$3,211,680.59	
November 2047	
$261,701.69	
Series 2021-1 (Le Meridien)	
$37,650,000.00	
$36,047,715.42	
November 2047	
$2,689,983.39	
Series 2021-2 (Sheraton - Palmetto)	
$30,600,000.00	
$30,024,684.65	
November 2048	
$2,418,304.48	
Series 2022-1 (Pruitt Health - Pensacola)	
$5,335,050.00	
$5,235,879.97	
November 2048	
$422,279.36	
Series 2022-2 (Certus Waterford Lakes)	
$7,200,000.00	
$7,069,369.65	
November 2048	
$572,722.58	
Series 2022-3 (Spanish Moss Apartments)	
$3,961,068.11	
$3,961,068.11	
November 2047	
$333,839.33	
Series 2022-4 (Certus Vero Beach)	
$8,640,000.00	
$8,640,000.00	
November 2050	
$684,084.69	
Series 2023 (Proper South Beach)	
$31,569,161.68	
$0.00	
Paid off	
$0.00	
Series 2023 (Marriott Palmetto)	
$14,400,000.00	
$14,400,000.00	
November 2053	
$1,251,355.67	
Series 2024 (Delray Beach Market)	
$14,515,442.07	
$14,515,442.07	
November 2053	
$0.00	
Total	
$180,686,157.05	
$137,542,623.39		
$10,251,103.97	
					
Note:
BrandsMart Paid Off Series 2015-1 Bond In 2021. Avid Viera Paid Off Series 2020-A Bond In 2023.
9/4/2025 10:21 AM	VI

RESOLUTION NO. 2025-06

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE FLORIDA GREEN FINANCE AUTHORITY, REORGANIZING THE BOARD OF SUPERVISORS TO APPOINT THE CHAIR AND VICE CHAIR FOR FISCAL YEAR 2025-2026 AND CONTINUING THE DELEGATION OF THE ROLES OF SECRETARY AND TREASURER TO STAFF; PROVIDING AN EFFECTIVE DATE, AND FOR OTHER PURPOSES.

WHEREAS, the original Interlocal Agreement Between the Florida Green Finance Authority, the Town of Lantana and the Town of Mangonia Park established that the Town Manager of Lantana, or designee, shall serve as the Chair of the Authority Board for the initial four (4) year term and that a representative of the Town of Mangonia Park shall serve as the Vice Chair of the Authority Board for the initial four (4) year term; and

WHEREAS, the Second Amended and Restated Interlocal Agreement Forming the Florida Green Finance Authority (“ILA”) states that the Authority shall be governed by a seven (7) member Board of Directors; and

WHEREAS, the Authority Board reached its full seven (7) member capacity for the first time since inception in April 2018; and

WHEREAS, the ILA requires that the Board of Supervisors (“Board”) be governed by a Chair, a Vice Chair, a Secretary and a Treasurer; and
WHEREAS, the ILA provides that the Secretary and Treasurer officer roles may be delegated to a member of Staff; and

WHEREAS, the ILA requires that the Chair and Vice-Chair be elected from the current Board membership for a term of one (1) year to commence on October 1st of each year; and

WHEREAS, the ILA requires that the Board reorganize no later than September 30th of each year for the subsequent fiscal year; and
WHEREAS, the Board desires to make the following appointments in accordance with the ILA.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE FLORIDA GREEN FINANCE AUTHORITY AS FOLLOWS:
SECTION 1. The Board of Supervisors of the Florida Green Finance Authority hereby appoints
	 as Chair of the Board of Supervisors, effective October 1, 2025. This appointment shall remain valid for one (1) year.

SECTION 2. The Board of Supervisors of the Florida Green Finance Authority hereby appoints
	 as Vice Chair of the Board of Supervisors, effective October 1, 2025. This appointment shall remain valid for one (1) year.

SECTION 3. The Board of Supervisors of the Florida Green Finance Authority hereby continues the delegation of the officer roles of Secretary and Treasurer to Todd Wodraska, Special District Services, Inc., or his designee. This delegation shall remain valid for one (1) year.

SECTION 4. This Resolution shall become effective immediately upon its passage and adoption.

PASSED AND ADOPTED this 11th day of September, 2025.

FLORIDA GREEN FINANCE AUTHORITY

ATTEST:

By: 	 Chair

Andrew Karmeris, Authority Secretary

Approved as to form and legal sufficiency

Amity R. Barnard, Authority General Counsel

-2-

RESOLUTION NO. 2025-07

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE FLORIDA GREEN FINANCE AUTHORITY, ESTABLISHING A REGULAR MEETING SCHEDULE FOR FISCAL YEAR 2025/2026 AND SETTING THE TIME AND LOCATION OF SAID DISTRICT MEETINGS; PROVIDING A PROCESS FOR RE-SCHEDULING REGULAR MEETINGS DUE TO UNFORESEEN CIRCUMSTANCES INCLUDING, BUT NOT LIMITED TO THE LACK OF A QUORUM; PROVIDING AN EFFECTIVE DATE; AND FOR OTHER PURPOSES.

WHEREAS, it is necessary for the Florida Green Finance Authority to establish a regular meeting schedule for fiscal year 2025/2026; and
WHEREAS, the Board of Supervisors of the Florida Green Finance Authority desires to adopt the regular meeting schedule for fiscal year 2025/2026, including meeting locations and times, as set forth in Exhibit “A”; and
WHEREAS, due to the fact that unforeseen circumstances occur from time to time which may require a regularly scheduled meeting to have to be re-scheduled, including but not limited to the lack of a quorum to conduct business, the Board of Supervisors further desires to provide for an administrative process to effectuate such regular meeting re-scheduling when needed.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE FLORIDA GREEN FINANCE AUTHORITY, AS FOLLOWS:

Section 1.   The above recitals are true and correct, and are hereby adopted.

Section 2.  The regular meeting schedule, time and location for meetings of the Florida Green Finance Authority for fiscal year 2025/2026 which is attached hereto as Exhibit “A”, is hereby adopted by the Board of Supervisors.
Section 3.  The Board of Supervisors directs the Secretary of the Florida Green Finance Authority to publish the adopted regular meeting schedule for fiscal year 2025/2026.
Section 4.  In the event that a regularly scheduled meeting as set forth on Exhibit “A” hereto has to be re-scheduled due to unforeseen circumstances, including but not limited to the lack of a quorum to conduct business, the Secretary of the Florida Green Finance Authority is hereby authorized and directed to re-schedule such meeting to an available date and time,

preferably at the same location as the originally scheduled meeting if possible, falling as soon as practical after the regularly scheduled meeting date. In such event, the Secretary of the Florida Green Finance Authority shall convene the originally scheduled meeting for the sole purpose of announcing on the record the date, time and location of the re-scheduled meeting. The Florida Green Finance Authority General Counsel shall also attend the convening of the originally scheduled meeting and shall be present for the announcement of the date, time and place of the re-scheduled meeting.

PASSED, ADOPTED and EFFECTIVE this 11th day of September, 2025.

ATTEST:	FLORIDA GREEN FINANCE AUTHORITY

By:			By:	 Secretary			Chair

FLORIDA GREEN FINANCE AUTHORITY FISCAL YEAR 2025/2026 REGULAR MEETING SCHEDULE

NOTICE IS HEREBY GIVEN that the Board of Supervisors of the Florida Green Finance Authority will hold Regular Meetings at 2:00 p.m. EST on the following dates at the specified locations:

Meetings to be held at the Town of Mangonia Park Municipal Center located at 1755 East Tiffany Drive, Mangonia Park, Florida 33407 on the following dates:

December 4, 2025
June 4, 2026

Meetings to be held at the Town of Lantana located at 500 Greynolds Circle, Lantana, Florida 33462 on the following dates:

March 5, 2026
September 10, 2026

The purpose of these meetings is to conduct any business coming before the Board. Meetings are open to the public and will be conducted in accordance with the provisions of Florida law. Copies of the Agenda for any of the meetings may be obtained from the Authority’s website or by contacting the Authority’s Manager at 561-630-4922 and/or toll free at 1-877-737-4922.

If any person decides to appeal any decision made with respect to any matter considered at these meetings, such person will need a record of the proceedings and such person may need to ensure that a verbatim record of the proceedings is made at his or her own expense and which record includes the testimony and evidence on which the appeal is based.
In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accommodations or an interpreter to participate at any of these meetings should contact the District Manager at 561-630-4922 and/or toll free at 1-877-737-4922 at least seven (7) days prior to the date of the particular meeting.

Meetings may be cancelled from time to time without advertised notice.
FLORIDA GREEN FINANCE AUTHORITY
www.flgfa.org

PUBLISH:	PALM BEACH POST (PALM BEACH)		/	/		
	SARASOTA HERALD-TRIBUNE (SARASOTA)		/	/		
	PENSACOLA NEWS JOURNAL (ESCAMBIA)		/	/		

RESOLUTION NO. 2025-08

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE FLORIDA GREEN FINANCE AUTHORITY AUTHORIZING AND ADOPTING AN AMENDED FINAL FISCAL YEAR 2024/2025 BUDGET (“AMENDED BUDGET”), PURSUANT TO CHAPTER 189, FLORIDA STATUTES; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Board of Supervisors of the Florida Green Finance Authority is empowered to provide a funding source and to impose special assessments upon the properties within the District; and,

WHEREAS, the Florida Green Finance Authority has prepared for consideration and approval an Amended Budget.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE FLORIDA GREEN FINANCE AUTHORITY, THAT:

Section 1.  The Amended Budget for Fiscal Year 2024/2025 attached hereto as Exhibit “A” is hereby approved and adopted.

Section 2.   The Secretary/Assistant Secretary of the Florida Green Finance Authority is authorized to execute any and all necessary transmittals, certifications or other acknowledgements or writings, as necessary, to comply with the intent of this Resolution.

PASSED, ADOPTED and EFFECTIVE this 11th day of September, 2025.

ATTEST:	FLORIDA GREEN FINANCE AUTHORITY

By:			By:		 Secretary/Assistant Secretary			Chairperson/Vice Chairperson

Florida Green Finance Authority

Amended Final Budget For Fiscal Year 2024/2025
October 1, 2024 - September 30, 2025

CONTENTS

AMENDED FINAL OPERATING FUND BUDGET

COMMERCIAL BONDS RECAP

AMENDED FINAL BUDGET
FLORIDA GREEN FINANCE AUTHORITY OPERATING FUND
FISCAL YEAR 2024/2025 OCTOBER 1, 2024 - SEPTEMBER 30, 2025

	FISCAL YEAR	AMENDED	YEAR	
	2024/2025	FINAL	TO DATE	
	BUDGET	BUDGET	ACTUAL	
	10/1/24 - 9/30/25	10/1/24 - 9/30/25	10/1/24 - 9/29/25	
				
REVENUES				
				
Carry Forward Surplus	100,000	0	0	
O & M Funding Contributions	270,000	225,052	205,052	
Loan Revenues (Residential)	20,025,905	53,230,04 	53,230,047	
Bond/Loan Revenues (Commercial)	0	5,180,029	5,180,029	
Other Revenue - Commercial Closing Fees	10,000	0	0	
Other Revenue - Administrator Cost Sharing	87,050	 3,136	73,136	
Other Revenue - Miscellaneous	0	0	0	
,nterest ,ncome	300	26,500	25,629	
TOTAL REVENUES	$	20,493,255	$	58, 34, 64	$	58, 13,893	
				
VARIABLE EXPENDITURES				
Assessment Roll	221,155	300,000	0	
Miscellaneous	10,000	10,000	0	
TOTAL VARIABLE EXPENDITURES	$	231,155	$	310,000	$	-	
				
FIXED EXPENDITURES (Residential & Commercial)				
Management	48,000	48,000	44,000	
Legal	75,000	90,000	74,902	
Audit Fees	16,500	16,500	0	
,nsurance	3,900	9,852	9,852	
Legal Advertisements	9,000	3,500	1,961	
New County Set-up Fee	1,000	0	0	
Dues & Subscriptions	1,200	815	815	
Trustee Fees	4,000	0	0	
:ebsite Management	2,000	1,500	1,375	
Miscellaneous - Postage, Office Supplies, Etc.	1,500	3,500	2,783	
Commercial Closing Fee	0	14,152	14,152	
Palm Beach County Pace Project Fees	0	30,000	0	
Financial Advisory Services	10,000	0	0	
TOTAL FIXED EXPENDITURES	$	1 2,100	$	21 ,819	$	149,840	
				
TOTAL EXPENDITURES	$	403,255	$	52 ,819	$	149,840	
				
REVENUES LESS EXPENDITURES	$	20,090,000	$	58,206,945	$	58,564,053	
				
Loan Payments (Residential)	(19,700,000)	(53,569,022)	(53,569,022)	
Bond/Loan Payments (Commercial)	0	(4,182,490)	(4,182,490)	
				
BALANCE	$	390,000	$	455,433	$	812,541	
				
Fees (Residential)	(280,000)	(565,912)	(565,912)	
Fees (Commercial)	0	(93,058)	(93,058)	
				
E[cess/ (Shortfall)	$	110,000	$	(203,53 )	$	153,5 1	
				
Program Reinvestment	(110,000)	0	0	
				
Net E[cess/ (Shortfall)	$	-	$	(203,53 )	$	153,5 1	

Fund Balance As Of 9/30/2024	
Projected FY 2024/2025 Activity	
Projected Fund Balance As Of 9/30/2025	

$284,549	
($203,537)	
$81,012	

AMENDED FINAL BUDGET FLORIDA GREEN FINANCE AUTHORITY COMMERCIAL BONDS RECAP
FISCAL YEAR 2024/2025 OCTOBER 1, 2024 - SEPTEMBER 30, 2025

BOND ISSUE	ORIGINAL PAR
AMOUNT	CURRENT PAR
AMOUNT	
MATURITY DATE	ANNUAL ASSESSMENT
AMOUNT	FISCAL YEAR 2024/2025
PRINCIPAL PAYMENTS	FISCAL YEAR 2024/2025
INTEREST PAYMENTS	
							
Series 2014 Loan (E&M Spirits)	$46,550.00	$0.00	-----	$9,429.07	-----	-----	
Series 2015-1 (Brandsmart Project)	$2,225,700.00	$0.00	-----	$0.00	-----	-----	
Series 2018 (Dadeland Mall Project)	$2,595,468.73	$1,212,490.52	November 2028	$350,856.55	$263,324.89	$76,379.46	
Series 2018A (Orlando Outlets Project)	$5,562,289.94	$4,695,846.56	November 2039	$496,899.34	$186,039.50	$300,062.38	
Series 2020-A (Avid 9iera)	$3,471,908.43	$0.00	-----	$294,927.30	-----	-----	
Series 2020-B (+ome 2 - Palm Bay)	$3,930,000.00	$3,698,363.22	November 2046	$312,209.65	$81,663.86	$219,885.45	
Series 2020-C (+yatt - Palm Bay)	$5,643,500.00	$5,310,868.39	November 2046	$447,438.17	$117,269.73	$315,756.62	
Series 2020-D (Pruitt +ealth - Lut])	$3,340,018.09	$3,211,680.59	November 2047	$261,701.69	$65,986.25	$189,159.97	
Series 2021-1 (Le Meridien)	$37,650,000.00	$36,868,662.45	November 2047	$2,689,983.39	$0.00	$913,709.45	
Series 2021-2 (Sheraton - Palmetto)	$30,600,000.00	$30,024,684.65	November 2048	$2,418,304.48	$575,315.35	$1,751,800.78	
Series 2022-1 (Pruitt +ealth - Pensacola)	$5,335,050.00	$5,235,879.97	November 2048	$422,279.36	$99,170.03	$309,742.93	
Series 2022-2 (Certus :aterford LaNes)	$7,200,000.00	$7,069,369.65	November 2048	$572,722.58	$130,630.35	$217,175.00	
Series 2022-3 (Spanish Moss Apartments)	$3,961,068.11	$3,961,068.11	November 2047	$333,839.33	$0.00	$247,600.87	
Series 2022-4 (Certus 9ero Beach)	$8,640,000.00	$8,640,000.00	November 2050	$684,084.69	$0.00	$671,134.80	
Series 2023-1 (Proper South Beach)	$31,569,161.68	$0.00	-----	$0.00	$31,569,161.68	$1,578,458.08	
Series 2023-2 (Marriott Palmetto)	$14,400,000.00	$14,400,000.00	November 2053	$1,251,355.67	$0.00	$605,900.00	
Series 2024 (Delray Beach MarNet)	$14,515,442.07	$14,515,442.07	November 2053	$0.00	$0.00	$0.00	
Total	$180,686,15 .05	$138,844,356.18		$10,546,031.2 	$33,088,561.64	$ ,396, 65. 9	
			.				
Notes:

BrandsMart Paid Off Series 2015-1 Bond In May 2021.						
						
Avid Viera Paid Off Series 2020-A Bond In February 2024.						
Proper South Beach Paid Off Series 2023-1 Bond In June 2025.						

September 11, 2025

AGENDA ITEM SUMMARY

To:	Chair Dritz, Vice Chair Metcalf and Supervisors Robau, Wisner and McMahon From: Andrew Karmeris, Secretary
Re:	CONFERENCE ATTENDANCE POLICY
The following describes the above-referenced agenda item:

Staff is requesting the Board of Directors consider establishing a policy to allow Florida Green Finance Authority (“Authority”) Board members, and their designated alternates, to attend professional conferences directly related to Property Assessed Clean Energy (“PACE”) programs, sustainability, resiliency, and governmental finance.

The proposed Conference Attendance Policy establishes equitable and fiscally responsible guidelines for attendance at such conferences. Key provisions of the draft policy include:
Eligibility: Each Board seat is designated as either odd-numbered or even-numbered, with annual rotation determining which seats are eligible for conference attendance during each fiscal year. Only one (1) representative per seat (either Director or Alternate) may attend in a given year.
Selection of Attendee: Directors have the right of first refusal, with Designated Alternates eligible if the Director declines. Attendees must be confirmed in writing to the District Manager no later than 45 days before the conference.
Eligible Conferences and Expenses: Conferences must relate to PACE, sustainability, resiliency, or governmental finance. Reimbursable expenses include registration fees, lodging, transportation, and meals/per diem in accordance with Section 112.061, Florida Statutes.
Budgetary Limitation: Funding is subject to annual appropriation. A maximum of
$3,000 per eligible seat per year is allocated, with reimbursement capped accordingly.
Reimbursement Process: Requests must be submitted within 14 business days of return, supported by original receipts. No reimbursement is permitted for entertainment or alcoholic beverages.
Transportation: Travel must be via direct and economical routes; mileage reimbursement follows statutory rates.
This would, upon formal adoption, be a budgetary item subject to annual appropriations by the Authority Board.

This policy is being provided to the Board for discussion purposes only at the September 11, 2025 Board meeting, with formal action to occur at a subsequent meeting if so directed by the Board.

Board of Directors Conference Attendance Policy

Purpose
The purpose of this policy is to establish clear, equitable, and ﬁscally responsible guidelines for the attendance of Florida Green Finance Authority (“Authority”) Directors at professional conferences with a direct Property Assessed Clean Energy (“PACE”) or sustainability and resiliency focus (“PACE-related Conferences”). The Authority’s Board of Directors (“Board”) recognizes that attendance at such conferences serves a public purpose and provides valuable opportunities for professional development, program education, networking, and the enhancement of service on the Authority’s Board.

Authority and Applicability
This policy is adopted pursuant to the Authority’s enabling provisions under Chapter 163, Florida Statutes, and Section 10 of the Second Amended and Restated Interlocal Agreement and applies to all currently seated Directors and Designated Alternates appointed to the Authority Board by participating jurisdictions. Directors and Designated Alternates serve without compensation, and their participation in PACE-related Conferences shall be funded solely from the Authority’s annual operating budget line item designated speciﬁcally for the purpose outlined in this policy.

Eligibility
For purposes of this policy, each Authority Board seat shall be designated as either “odd-numbered” or “even-numbered” based on its assigned seat number.
Attendance at Authority-funded PACE-related Conferences shall rotate annually between odd-numbered and even-numbered seats based on the Authority’s ﬁscal year (October 1 – September 30) as follows:
Odd-numbered seats (Seats 1, 3, 5 & 7): shall each be eligible to send one (1) representative, either the currently seated Director or the Designated Alternate, to attend one (1) Authority-funded PACE-related Conference during odd- numbered ﬁscal years.
Even-numbered seats (Seats 2, 4 & 6) shall each be eligible to send one (1) representative, either the currently seated Director or the Designated Alternate, to attend one (1) Authority-funded PACE-related Conference during even- numbered ﬁscal years.

1

In no case shall both a Director and Designated Alternate from the same seat attend an Authority-funded PACE-related Conference in the same ﬁscal year.

Selection of Attendee
The Director for each eligible seat shall have the right of ﬁrst refusal to attend a PACE-related Conference during their eligible ﬁscal year.
If the Director declines or is unavailable, the Designated Alternate for that seat may attend a PACE-related Conference.
The identity of the attendee shall be conﬁrmed in writing to the District Manager at least forty-ﬁve (45) days prior to the ﬁrst day of the conference, or as soon as practicable if the conference notice period is shorter.

Eligible Conferences and Expenses
Conferences must be directly related to PACE programs, governmental ﬁnance, sustainability or resiliency, or other subject matter reasonably connected to Authority’s statutory mission.
For expenses to be reimbursable, the attendee shall attend and participate in all conference events open to all attendees as reﬂected on the event agenda.
Eligible reimbursable expenses shall include:
Conference registration fees;
Lodging at the conference host facility or comparable accommodations;
Transportation costs; and
Per diem or meal reimbursements in accordance with Section 112.061, Florida Statutes.

Transportation
All travel must be by a reasonably direct or usually traveled route. In the event a person travels by an indirect route for his/her own convenience, any additional cost shall be borne by the traveler and reimbursement for expenses shall be based on the usually traveled route.
Commercial travel shall be by the most economical method, tourist or coach class.
Whenever travel is by a privately-owned vehicle, the traveler shall be entitled to a mileage allowance at the ﬁxed rate per mile as established by the legislature in Section 112.061, Florida Statutes. Should the legislature increase the mileage allowance speciﬁed in Section 112.061, Florida Statutes, the Authority shall, without further action, be permitted to reimburse travelers at the increased rate.

2

Budgetary Limitation
Conference attendance outlined in this policy is not guaranteed and is subject to the annual appropriation of funds by the Authority Board each ﬁscal year.
If appropriated, funding provided for conference attendance shall not exceed the total annual budget allocation approved by the Authority Board for that ﬁscal year.
In the event of budget constraints, priority shall be given to conferences that ofer the highest direct relevance to PACE and the Authority’s operations, as determined by the Authority’s Manager in consultation with the Board Chair.
Each annual appropriation by the Authority Board shall be divided such that a maximum amount of Three Thousand Dollars ($3,000.00) shall be allocated to each seat eligible to attend a conference that year to ensure that all Board members desiring to attend a conference have equal access to the appropriated funds. Reimbursement of expenses to any one Board member shall be limited to that maximum dollar amount per eligible year of attendance.

VII. Requests for Reimbursement
Requests for reimbursement shall be made to the Authority Manager, Special District Services, Inc.
Reimbursement requests shall be submitted within fourteen (14) business days of return.
Travel, registration and conference attendance expenses shall reﬂect correct and complete expenditures (registration fees, lodging, transportation, etc.) that were incurred by the requesting party and shall be accompanied by original receipts.
No reimbursement shall be allowed for costs not actually incurred or costs not documented by original receipt, except for per diem reimbursement requests.
No entertainment or alcoholic beverage expenses shall be reimbursed.

VIII. Efective Date
This policy shall take efect upon adoption by the Authority Board and shall remain in efect unless amended or repealed by the Board.

3