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Page 5 of 7 <br />• June 2, 2026: City Council preliminarily approves Engineer’s Reports for all five LMDs, <br />including alternative Engineer’s Reports for Ponderosa-Del Prado and Bonde Ranch in <br />the event the Proposition 218 ballot measures do not pass. <br />• July 21, 2026: Public hearing is held. Ballots must be received by the City Clerk by the <br />close of the public hearing. Postmarks do not constitute timely receipt. <br />• August 2026: If approved, the new assessments are submitted to the Alameda County <br />Auditor-Controller for inclusion on FY 2026-27 property tax bills. <br />Votes are weighted by the proposed assessment amount for each parcel. Only returned ballots <br />are counted; ballots not returned are neither counted in support of nor opposition to the <br />proposed assessments. If a majority protest exists, meaning weighted ballots in opposition <br />exceed weighted ballots in support of the returned ballots, the proposed assessment may not <br />be imposed. <br /> <br />The table below lists the assessments that would be collected in each district this fiscal year if <br />the ballot measure passes. <br /> <br />Table 1. Ponderosa-Del Prado LMD <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Page 46 of 248