RES 2026028 - Laserfiche WebLink

Page 20 Creation of Individual Lots for Residential Use that, in Absence of the Assessments, Would Not Have Been Created The residential parcels within the Assessment District were created through a subdivision and development process that required the installation of landscaping, trail improvements, irrigation systems, and other public improvements as conditions of approval. These Improvements were not optional enhancements but mandatory prerequisites for the subdivision to be approved and the individual lots to be created.The proposed Assessments provide the necessary funding for the continued maintenance of these Improvements,which support the ongoing safety and habitability of those parcels. As parcels are sold, new owners are informed of the Assessment through title reports and Department of Real Estate disclosure reports indicating that the parcels are subject to assessment. Purchase of property within the Assessment District constitutes notice of the Assessment obligation. In the absence of the proposed Assessments, the continued maintenance and servicing of the Improvements associated with the residential lots within the Assessment District would not be adequately funded. These parcels, and the Improvements that were constructed to serve them, receive a direct advantage and special benefit from the Assessments. Summary of Relative Weight of Benefit Factors The relative weight assigned to each benefit factor reflects the primacy of views and landscaping as the most broadly received and highest-value benefit to all properties within the Assessment District. The maintained landscaping along Paseo Santa Cruz and the Arroyo trail corridor provides aesthetic and quality-of-life benefits to all 343 residential parcels and is accordingly assigned a weight of 60%of the total benefit. Access to the Arroyo de la Laguna trail and Centennial Trail corridor is assigned a weight of 30%, reflecting the direct and ongoing advantage of proximity to and use of the maintained trail system.This is a significant benefit that varies by proximity to trail access points and is the primary driver of zone differentiation within the Assessment District. Security and sound reduction is assigned a weight of 5%, reflecting the direct but geographically limited benefit conferred to parcels adjacent to the landscaping along the soundwall along Interstate 680. City of Pleasanton Ponderosa-Del Prado Landscape Maintenance District 2026-1 SCIConsuttingGroup Engineer's Report Public Finance Consulting Services