Bond Litigation Fully Resolved

August 20, 2026
Dear University Park Homeowners,

We are pleased to share important news. Yesterday, the Florida Supreme Court denied the appellant’s motions for rehearing and oral argument, bringing the bond validation litigation to a final, favorable conclusion for the District.

This follows the Court’s July 9, 2026 unanimous decision affirming the judgment validating the bonds. With the rehearing motion now denied, the judgment is final and the litigation that has delayed the District’s bond issuance is behind us.

Read the Court’s Orders:

  • July 9, 2026 Opinion — the Florida Supreme Court’s decision on Dean K. Matt v. State of Florida, et al., affirming the bond validation judgment.

  • August 19, 2026 Order — the Court’s denial of the appellant’s motion for rehearing.
WHAT THIS MEANS FOR HOMEOWNERS?

The Board intends to remove the proposed one-time irrigation assessment that appeared on your TRIM notice.

• Homeowners will instead pay an annual assessment used to repay the long-term bonds, ranging from approximately $906 to $2,858 per year, depending on the property.

   View the Bond Assessment Roll →
PUBLIC HEARING

Equalize The Proposed 2026 Special Assessments
Purpose: Consider and Equalize the Proposed 2026 Special Assessments

Date: Monday, August 24, 2026

Time: 9:00 a.m.

Location: Business Offices, 8301 The Park Boulevard, University Park, FL 34201

Virtual Attendance: Zoom participation information will be posted on the District’s website.
The purpose is to equalize the annual bond assessment that will now move forward in place of the one-time irrigation assessment. The Board will consider and take final action on this assessment at the hearing. Residents are encouraged to attend and provide public comment before the Board considers final action.

WHAT IS NEXT?

With the judgment now final, the District can move forward with issuing the long-term bonds. A specific timeline for bond issuance is still being finalized, and we will share those details with the community as soon as they are available.

This is a significant milestone for University Park, and the Board of Supervisors is grateful for the community’s patience throughout this process.

For additional information, visit universityparkrd.com or contact District Manager Vivian Carvalho at carvalhov@pfm.com.

Sincerely,

Board of Supervisors

University Park Recreation District