Public hearing on special assessments for infrastructure improvements in Sorrento Pines.

NOTICE OF PUBLIC HEARING TO CONSIDER IMPOSITION OF SPECIAL ASSESSMENTS PURSUANT TO SECTION
170.07, FLORIDA STATUTES, BY THE SORRENTO PINES COMMUNITY DEVELOPMENT DISTRICT
NOTICE OF PUBLIC HEARING TO CONSIDER ADOPTION OF ASSESSMENT ROLL PURSUANT TO SECTION
197.3632(4)(b), FLORIDA STATUTES, BY THE SORRENTO PINES COMMUNITY DEVELOPMENT DISTRICT
NOTICE OF REGULAR MEETING OF THE SORRENTO PINES COMMUNITY DEVELOPMENT DISTRICT
The Board of Supervisors (“Board”) of Sorrento Pines Community Development District
(“District”) will hold public hearings and a regular meeting at 11:00 a.m. on March 26,
2026, at the W.T. Bland Public Library, 1995 N. Donnelly Street, Mount Dora, Florida
32757, to consider the adoption of an assessment roll, the imposition of special assessments
to secure proposed bonds on benefited lands within the District, and to provide for the levy,
collection, and enforcement of the special assessments. The streets and areas to be improved
are geographically depicted below and in the District’s Master Engineer’s Report (Phase
3 Report) dated February 13, 2026 (“Improvement Plan”). The public hearings are being
conducted pursuant to Chapters 170, 190, and 197, Florida Statutes. All persons interested may
ascertain the description of the property to be assessed and the amount to be assessed to each
piece or parcel of property at the District Manager’s office located at 2300 Glades Road, Suite
410W, Boca Raton, Florida 33431, Ph: (561) 571-0010 (“District Manager’s Office”).
The District is a unit of special-purpose local government responsible for providing infrastructure
improvements for lands within the District. The infrastructure improvements are currently
expected to include, but are not limited to, roadway improvements, stormwater management
system, water, wastewater and reclaim utilities, landscape/hardscape/irrigation improvements,
streetlights/undergrounding of electrical utilities, recreational amenities, environmental
conservation/mitigation, and other improvements, all as more specifically described in the
Improvement Plan (“Improvements”), on file and available during normal business hours at
the District Manager’s Office.
The District intends to impose assessments on benefited lands within the District in the manner
set forth in the District’s Phase 3 Master Special Assessment Methodology Report, dated
February 18, 2026 (“Assessment Report”), which is on file and available during normal
business hours at the District Manager’s Office.
The purpose of any such assessment is to secure bonds issued to fund the Improvements. As
described in more detail in the Assessment Report, the District’s assessments will be levied
against all benefitted lands within the District. The Assessment Report identifies maximum
assessment amounts for each land use category currently expected to be assessed. The
method of allocating assessments for the Improvements to be funded by the District will
initially be determined on an equal assessment per gross acre basis and will be allocated on an
equivalent residential unit (“ERU”) basis at the time that such property is platted, site planned,
or subjected to a declaration of condominium. Please consult the Assessment Report for more
details.
The annual principal assessment levied against each parcel will be based on repayment over
thirty (30) years of the total debt allocated to each parcel. The District expects to collect
sufficient revenues to retire no more than $23,405,000 in debt to be assessed by the District,
exclusive of fees and costs of collection or enforcement, discounts for early payment, and
interest. The proposed schedule of assessments is as follows:
*includes collection fees and early payment discount allowances
The assessments may be prepaid in whole at any time, or in some instances in part, or may
be paid in not more than thirty (30) annual installments subsequent to the issuance of debt to
finance the Improvements. These annual assessments will be collected on the Lake County
(“County”) tax roll by the County Tax Collector. Alternatively, the District may choose to
directly collect and enforce these assessments. All affected property owners have the right
to appear at the public hearings and the right to file written objections with the District within
twenty (20) days of the publication of this notice.
Also, at 11:00 a.m. on March 26, 2026, at the W.T. Bland Public Library, 1995 N. Donnelly
Street, Mount Dora, Florida 32757, the Board will hold a regular public meeting to consider
any other business that may lawfully be considered by the District. The Board meeting and
hearings are open to the public and will be conducted in accordance with the provisions
of Florida law for community development districts. The Board meeting and/or the public
hearings may be continued in progress to a date and time certain announced at the meeting
and/or hearings.
If anyone chooses to appeal any decision of the Board with respect to any matter considered
at the meeting or hearings, such person will need a record of the proceedings and should
accordingly ensure that a verbatim record of the proceedings is made, which includes the
testimony and evidence upon which such appeal is to be based.
Any person requiring special accommodations at the meeting or hearings because of a
disability or physical impairment should contact the District Manager’s Office at (561) 571-0010
at least 48 hours prior to the meeting. If you are hearing or speech impaired, please contact
the Florida Relay Service at 1-800-955-8770 for aid in contacting the District Manager’s Office.
SORRENTO PINES COMMUNITY DEVELOPMENT DISTRICT
RESOLUTION 2026-04
[PHASE 3]