RES 2026028 - Laserfiche WebLink

Resolution No. 2028-028 Page 4 of 4 Engineer's Report and other written material about the Assessment District may also be reviewed at the Office of the City Clerk during regular business hours. SECTION 11. Annual Assessments. The assessments are proposed to be levied annually. If the proposed assessments are approved and confirmed by the City Council, the assessments will increase in future years by an amount up to the change in the San Francisco Bay Area Consumer Price Index ("CPI") with a maximum of 3% without a further vote or balloting process. In the event that the actual assessment rate for any given year is not increased by an amount equal to the CPI change, any such deferred assessment increase may be added to the total amount assessed in any subsequent year. In such event, the maximum authorized assessment amount shall be equal to the base year assessment as adjusted by the increase to the CPI, plus any and all CPI adjustments deferred in any and all prior years. In each subsequent year in which the assessments will be levied, an updated Engineer's Report, including a proposed budget and assessment rate, shall be prepared. The updated Engineer's Report shall be considered by the City Council at a noticed public hearing. The updated Engineer's Report shall serve as the basis for the continuation of the assessments. SECTION 12. The City Clerk shall certify to the adoption of this Resolution. PASSED, APPROVED AND ADOPTED by the City Council of the City of Pleasanton at a regular meeting held on May 5, 2026. I, Jocelyn Kwong, City Clerk of the City of Pleasanton, California, certify that the foregoing resolution was adopted by the City Council at a regular meeting held on the 5th day of May 2026 by the following vote: Ayes: Councilmembers Eicher, Gaidos, Nibert, Testa, Mayor Balch Noes: None Absent: None Abstain: None Joc ly Kw ng, ity Clerk APPROVED AS TO FORM: /(91.7,460 Daniel G. Sodergren, ity Attorney