RES 2026030 - Laserfiche WebLink

Page 26 The City of Pleasanton owns, maintains, rehabilitates, and replaces the curb and gutter along the border of the Assessment District. This infrastructure serves to support and contain the Improvements and manage irrigation flow. The contribution from the City toward the maintenance, rehabilitation, and replacement of curb and gutter is conservatively estimated at 10%. In other words,if the Assessment District were required to construct and maintain the local curb and gutter,the budget would increase by at least 10%. The City of Pleasanton owns and maintains a storm drainage system along the border of the Assessment District.This system serves to prevent flooding and manage urban runoff from the Improvements. The contribution from the City toward the maintenance, rehabilitation, and replacement of the local storm drainage system is conservatively estimated at 10%. The City of Pleasanton owns and maintains local public streets throughout the Assessment District. These streets provide access to the Improvements for their enjoyment and efficient maintenance. The contribution from the City toward the maintenance, rehabilitation, and replacement of local public streets is conservatively estimated at 10%. The City of Pleasanton owns and maintains the open space area directly behind the Ventana Hills neighborhood, including eucalyptus trees and associated vegetation,which was excluded from the Bonde Ranch assessment area in 2017 and incorporated into the Bonde Ranch Open Space. Prior to that exclusion, maintenance of this area was the financial responsibility of the District.The City's ongoing maintenance of this open space reduces the annual cost burden on the Assessment District and provides a continuing in- kind contribution toward the general benefit requirement. This contribution is conservatively estimated at 5%. The City of Pleasanton maintains street lighting within the Assessment District. Street lighting was included as a District obligation in the original 1993 formation documents and the City has absorbed this obligation The contribution from the City toward the maintenance, rehabilitation, and replacement of street lights is conservatively estimated at 5%. The value of the initial Improvements constructed by the Developer can be quantified and monetized as an annuity to be amortized.Since the initial Improvements were performed and paid for by non-assessment funds, this annuity is conservatively estimated to contribute 20%toward the general benefit requirement. City of Pleasanton Bonde Ranch Landscape Maintenance District 2026-2 SCIConsultingGroup Engineer's Report Public Finance Consulting Services