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City of Pleasanton <br />LighƟng & Landscape Maintenance District No. 1994-1, <br />Oak Tree Farm <br />Engineer’s Report <br /> <br />Page 6 <br /> <br />Introduction <br />Executive Summary <br />The Oak Tree Farm Landscape Maintenance District, 1994-1, was created in 1994, <br />with phase 2 annexed into the district in 1999, and totals 42 parcels. The purpose <br />of the district is to fund the maintenance of the Oak Tree Farm subdivision. The <br />district was formed prior to the passage of ProposiƟon 218, the “Right to Vote on <br />Taxes Act” which requires property owner approval to impose or increase <br />assessments. <br />When the district was formed, an inflaƟon escalator was built into the assessment <br />with a maximum assessment at the Ɵme of $1,000 per parcel annually. However, <br />the inflaƟon escalator has not been applied and, unƟl last year, assessments <br />remained the same since they were lowered in FY 1999-2000 to $465.75. Last year, <br />staff determined that an assessment of up to $1,000 with an inflaƟon escalator <br />was approved at the Ɵme that the district was formed and the assessments were <br />restored back to the original assessment of $617.41. The assessment will remain <br />at $617.41 for the current fiscal year. Despite the adjustment, the level of <br />maintenance has experienced a severe decline and a there is a lack of sufficient <br />funding for capital improvement projects. The City was forced to shut down the <br />irrigaƟon system, which has led to an even further decline of the landscape. Last <br />year, staff met on several occasions with residents to determine the owner’s <br />prioriƟes. Based on those meeƟngs, the City drew down on the reserve to <br />complete some of the priority work idenƟfied by the property owners, including <br />tree removal, tree pruning, and fence repair. Staff intends to draw down the <br />reserve even further this year to complete more safety improvements, including <br />pruning some of the larger oak trees along Foothill and the London Place trees <br />along Oak Tree Farm Drive and converƟng the lighƟng to LED. <br />Despite last year’s drawing down of the reserve, and the proposed drawing down <br />of the reserve this year, staff expects that the future stepped assessment increases <br />will place the district in a fiscally sustainable posiƟon. <br />Page 209 of 617