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Resolution No. GHAD 25-156 <br /> Page 2 of 3 <br /> Sewage Lift Station Parcel: $362.00 per annum <br /> Tract 6748 (Grant Deed by separate instrument) <br /> The foregoing rate shall be adjusted, effective as of July 1 of each fiscal year by the <br /> Engineering News Record Construction Cost Index for the San Francisco Bay Area with a <br /> maximum adjustment of two percent. <br /> PROJECTED INCOME.- <br /> Annual Income (41 Single-Family Residential Lots) $14,842.00 <br /> Sewage Lift Station Parcel $362.00 <br /> Open Space Parcels $0.00 <br /> Interest Income: $1,000 <br /> TOTAL: $16,204.00 <br /> PROJECTED EXPENDITURE: <br /> Geologic and/or Geotechnical Engineering Consultant $6,180.00 <br /> Repair and maintenance (per Plan of Control) $8,508.00 <br /> City Review and Inspection $1,844.00 <br /> County Administration <$328.00> <br /> Reserve 0.00 <br /> TOTAL: $16,204.00 <br /> SECTION 5. The Board further orders that the amounts set forth above shall be <br /> assessed against properties within the GHAD for the 2025-26 fiscal year. <br /> SECTION 6. The Board further orders that said assessments shall be levied and <br /> collected in the following manner: <br /> (a) The City Clerk of the Board shall cause to be recorded a Notice of Assessments, as <br /> provided for in California Streets and Highways Code §3114, whereupon the assessments shall <br /> attach as a lien upon properties, as provided in said Code. <br /> (b) Thereafter, such assessments shall be payable at the same time and in the same <br /> manner as general taxes on real property within the GHAD. <br /> (c) All funds generated by such assessments, and all interest earned thereon, shall be <br /> kept segregated and in a separate account for the exclusive benefit of the Oak Tree Farm <br /> GHAD, and shall not be deemed at any time to constitute funds credited to the City treasury. <br /> SECTION 7. The City Attorney is authorized to enter into, on behalf of the City of <br /> Pleasanton, a Certification and Mutual Indemnification Agreement with the County of Alameda in <br /> order to effectuate the collection of special taxes, assessments and fees on the Secured Tax Roll. <br />