Toll Bros home Sebastian Sq,one of Palencia's most distinctive neighborhoods.Gourmet kit/granite ctrtops,tumbled marble backsplash,42''cherry cabnts,SS GE Profile appliances. Exp Lanai/560 sq ft built in summer kitchen. Deep lot room for pool. Brick Paver ct yrd,3 car garage. Surround Sound,Gas Fplc,coffered ceiling. Over $40,000 in home improvements-see supplement for details. Home Warrenty I Home Improvements: Expanded Lanai & Summer Kitchen - $19000 4th bdrm/activity room - $9500 Plantation Shutters - $10,000 Irrigation Well - $3500 Water Softner Filtration System - $2000 The Palencia CDD fees for each home are comprised of two components, a capital assessment and an operating assessment. The capital assessment was fixed at the time of lot development and will remain constant until the bonds are paid off in the year 2032. The Operating portion of the Assessment for homes behind the guard houses are $1536 annually. This is an increase of 3% from the previous year or about $40. The following are the services the CDD provides for the $1536 annual fee (which is really an HOA fee, as Palencia does not have traditional HOA fees) 1) 10 Har-tru tennis courts with lights and a full time staff or 3 professionals 2) Staffed Fitness facility with separate weight and aerobic equipment rooms. Facility also includes an aerobics room with 16 class offerings provided at N