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Page 4 <br /> Introduction <br /> Overview <br /> Landscape Maintenance District No. 1993-2, Bonde Ranch ("1993-2 Bonde Ranch LMD") <br /> was established by the City of Pleasanton ("City") in 1993 as a condition of approval for <br /> the Bonde Ranch residential development (Tracts 6483 and 6518). The 1993-2 Bonde <br /> Ranch LMD was formed pursuant to the Landscaping and Lighting Act of 1972 (California <br /> Streets and Highways Code, Sections 22500 et seq., the "Act") to fund the ongoing <br /> maintenance of landscaping and trees, open space areas, fuel transition zones (fire <br /> breaks), entry features, fencing, irrigation systems, drainage systems, and street lighting <br /> within the subdivision. <br /> The original assessment was established in 1993, prior to the passage of Proposition 218. <br /> The assessment was set at$386.18 per parcel per year in Fiscal Year 1997-98(Resolution <br /> No. 97-83), following Proposition 218's effective date. Beginning in Fiscal Year 2000-01, <br /> the assessment was reduced to$252.91 per parcel,where it remained through Fiscal Year <br /> 2024-25. With no inflation escalator, assessment revenues have not kept pace with the <br /> rising costs of maintenance, water, utilities, and capital replacement. The resulting <br /> funding shortfall has produced a measurable decline in the condition of the landscape <br /> and infrastructure. In FY 2025-26, the City restored the assessment rate to $386.18 per <br /> parcel per year, however the rate is insufficient to fund the full scope of maintenance and <br /> capital improvements needed in the district. <br /> The City Council has directed that a new assessment be proposed and voted on by <br /> property owners within the District in accordance with Proposition 218 (Article XIIID of <br /> the California Constitution).The intent is to replace the existing District 1993-2 with a new <br /> Bonde Ranch Landscape Maintenance District 2026-2 ("Assessment District"or"District") <br /> that includes a cost-of-living adjustment provision to provide adequate and sustainable <br /> funding for maintenance and services going forward. If approved by property owner <br /> ballot,the existing 1993-2 Bonde Ranch LMD will be replaced by the Assessment District. <br /> City of Pleasanton <br /> Bonde Ranch Landscape Maintenance District 2026-2 SCIConsultingGroup <br /> Engineer's Report Public Finance Consulting Services <br />