Coral Bay is a Community Development District,
also known as a CDD or a District.
This page has four main sections:
- What a Community Development District is
- Coral Bay Community Location
- Responsibilities of the Coral Bay CDD
- Legal Requirements for a CDD’s Website
What a Community Development District is
A Community Development District is a special-purpose unit of local government authorized by Chapter 189 and Chapter 190 of the Florida Statutes, as amended.
A CDD is organized similarly to other local governments in Florida. The legislative body is a five-member Board of Supervisors (the Board), with each Supervisor position designated by a Seat number (1 to 5). The designated term for each seat is four years. A person is elected to a seat by all qualified, registered voters within the District, with the election occurring as part of the November ballot on even numbered years. To provide continuity on the Board, three Seats are voted on at one election, and the other two Seats are voted on at the next. In addition, by law the Board must hire a District Manager and a District Counsel (District Attorney). Those staff members operate in a manner very similar to a County Administrator and County Attorney.
The Board sets the policy and makes the decisions, and the District Management staff administers the operations of the District and implements the Board’s policies and contracts. The business of the CDD Board of Supervisors is conducted in the “Sunshine”, which means that meetings and records are open to the public in accordance with Section 286.011, of the Florida Statutes. Furthermore, the CDD also operates under the ethics provision defined in Chapter 112 and Chapter 190 of the Florida Statues as well as the provisions set forth by the Florida Commission on Ethics
Coral Bay Community Location
The Coral Bay Community Development District (CDD) encompasses approximately 236 acres and is located in the City of Margate Florida, just to the south and west of the intersection of Sample Road (SR 834) and Turtle Creek Drive (NW 62nd Avenue). The CDD owns, operates, and maintains approximately 71 acres of water management tracts, including a 69-acre lake.
This schematic map shows the 997 homes, the lake and the side canals that comprise the Coral Bay District. The 997 homes are each responsible for the care and maintenance of their own property (residence and lot). Each property is part of one of the 8 villages. Each village has its own Homeowners’ Association (HOA), and is named and sized as follows:
-
- Fay’s Cove — 119 Homes
- Indian Key — 215 Homes
- Islamorada — 64 Homes
- Las Brisas — 122 Homes
- Las Brisas Del Mar — 34 Homes
- Mallory Harbor — 101 Homes
(Note: This includes the homes designated as in Mallory Harbor East) - Port Antigua — 147 Homes
- The Cape — 195 Homes
Click on the map to open a larger version in a new tab.
Responsibilities of the Coral Bay CDD
The Coral Bay CDD responsibilities encompass the maintenance of all common areas within the District. This includes:
- the water management tracts, canals, and the lake,
- all sidewalks,
- all roadway systems,
- the stormwater management system and secondary drainage system, including the perpetual use of many easements for lake maintenance and flowage purposes, and
- all common areas, including landscaping, at all amenity centers, parks, pools, playgrounds, and open areas.
In order to have the those required functions performed, the CDD Board is responsible for creating and managing a budget and for determining and levying the annual CDD assessment. The annual assessment is a result of a budget process that includes public hearings. The resultant annual assessment is levied on a per home basis and is levied in the form of a non-ad valorem tax that appears on the Broward County tax bill. That CDD assessment is collected by Broward County as part of the overall property tax bill payment and is sent to the CDD once the County receives the payment. Statutory authority for levying these assessments is granted under Florida Statutes Ch. 170.01, 190.021, and 197.3631.
Because CDD’s are governmental entities, functioning closer to a city government than a Homeowners’ Association (HOA), CDD’s have some financial advantages: They may use tax-exempt financing, they are eligible under FEMA rules for emergency clean up in most cases, and they have limited liability under sovereign immunity, which significantly reduces insurance costs.
After each fiscal year end, the Coral Bay CDD’s financial records are subject, by law, to an annual independent audit, and a copy of that final audit report must be submitted to the State Auditor General.
By contrast, each individual HOA is self-governing and responsible for maintaining and enforcing their specific governing documents that pertain to the homeowners’ privately-owned properties only. Their collection and enforcement powers and duties are outlined under separate state law.
If you want to contact one of the HOAs, please see the HOAs page.
Legal Requirements for a CDD’s Website
In addition to the Board and Management wanting to provide a web site for information about the District, Florida State Statute 189-069(1) requires every special district to have a publicly accessible web site. Per (2)(a) of this Statute, there are fifteen items that are legally required to meet the minimum standards for any CDD’s web site. Each of those fifteen items are listed below along with either the information for that item or a reference as to where that information may be located on this web site.
ITEM 1. Full Legal Name: Coral Bay Community Development District. ITEM 2. Public Purpose: To plan, finance, construct, operate and maintain community-wide infrastructure. ITEM 3. The name, official address, official e-mail address, and, if applicable, term and appointing authority for each member of the governing body of the special district. The information for each of the Board members is in the “Board of Supervisors” section of the Contacts page. ITEM 4. Fiscal year: October 1 through September 30 (like the federal government and most municipalities). ITEM 5. The full text of the special district’s charter, the date of establishment, the establishing entity, and the statute or statutes under which the special district operates, if different from the statute or statutes under which the special district was established. In November 1989, the City of Margate’s City Commission established the Coral Bay Community Development District by City Ordinances 89-22, RZ-3-89, and 89-23, granting those special powers to the CDD as set forth in Section 190.012(1) and (2)(a), and (d) of the Florida State Statutes. To view the PDF file for any of the Ordinances just listed, click that ordinance number. The relevant Florida State Statutes are Chapter 189 and Chapter 190 , as amended. ITEM 6. The mailing address, e-mail address, telephone number, and Internet website uniform resource locator of the special district: 5385 N. Nob Hill Road
Sunrise, FL 33351
954-721-8681
coralbaycdd.com
Records@gmssf.comITEM 7. A description of the boundaries or service area of, and the services provided by, the special district. This information is provided in the two sections above on this page: “Coral Bay Community Location” and “Responsibilities of the Coral Bay CDD”. ITEM 8. A listing of all taxes, fees, assessments, or charges imposed and collected by the special district, including the rates or amounts for the fiscal year and the statutory authority for the levy of the tax, fee, assessment, or charge. For purposes of this subparagraph, charges do not include patient charges by a hospital or other health care provider. While this data is available as part of the monthly budget reports, it is provided here as well for ease of access: Land Use: …………………………………. Single Family (997)
Operations & Maintenance ……………… $1,468.75
Debt Repayment …………………………………….. $91.44
Total CDD Annual Assessment ………. $1,560.19For Fiscal Year 2023-2024 (October 1, 2023, thru September 30, 2024)
Statutory Authority: F.S. Chapters 170.01, 190.021 and 197.3631.ITEM 9. The primary contact information for the special district for purposes of communication from the department: Governmental Management Services – SF, LLC
5385 N. Nob Hill Road
Sunrise, FL 33351
954-721-8681.ITEM 10. A code of ethics adopted by the special district, if applicable, and a hyperlink to generally applicable ethics provisions. While the CDD has not developed Coral Bay -specific ethics provisions, the CDD does operate under the State’s ethics provisions, as stated above in the last paragraph of “What a Community Development District is”. ITEM 11. The budget of the special district and any amendments thereto in accordance with s. 189.016. Both the current budget and previous years’ budgets are available in the Budget page. ITEM 12. The final, complete audit report for the most recent completed fiscal year and audit reports required by law or authorized by the governing body of the special district. If the special district has submitted its most recent final, complete audit report to the Auditor General, this requirement may be satisfied by providing a link to the audit report on the Auditor General’s website. To link to the Coral Bay information on the Auditor General’s website, click here. ITEM 13. A listing of its regularly scheduled public meetings as required by F.S. 189.015(1). The schedule of meetings for the year is available on the Meeting Calendar page. ITEM 14. The link to the Department of Financial Services’ website as set forth in F.S. 218.32(1)(g). This is the link:
Florida Department of Financial Services.ITEM 15. At least 7 days before each meeting or workshop, the agenda of the event. The information must remain on the website for at least 1 year after the event. The next meeting date is on the sidebar of each page, and the Agenda for the meeting, as well as previous agendas, is available on the Agendas page.