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ATTACHMENT 4 <br /> <br /> <br />Sewage Lift Station Parcel: $369.00 per annum <br /> Tract 6748 (Grant Deed by separate instrument) <br /> <br />The foregoing rate shall be adjusted, effective as of July 1 of each fiscal year by the Engineering <br />News Record Construction Cost Index for the San Francisco Bay Area with a maximum <br />adjustment of two percent. <br /> <br /> PROJECTED INCOME: <br /> <br />Annual Income (41 Single-Family Residential Lots) $15,129.00 <br />Sewage Lift Station Parcel $369.00 <br />Open Space Parcels $0.00 <br />Interest Income: $1,000 <br /> <br />TOTAL: $16,498.00 <br /> <br /> PROJECTED EXPENDITURE: <br /> <br />Geologic and/or Geotechnical Engineering Consultant $3,396.00 <br />Repair and maintenance (per Plan of Control) $11,102.00 <br />City Review and Inspection $2,300.00 <br />County Administration <$300.00> <br />Reserve $0.00 <br /> <br />TOTAL: $16,498.00 <br /> <br />SECTION 5. The Board further orders that the amounts set forth above shall be <br />assessed against properties within the GHAD for the 2026-27 fiscal year. <br /> <br />SECTION 6. The Board further orders that said assessments shall be levied and <br />collected in the following manner: <br /> <br /> (a) The City Clerk of the Board shall cause to be recorded a Notice of <br />Assessments, as provided for in California Streets and Highways Code §3114, <br />whereupon the assessments shall attach as a lien upon properties, as provided in <br />said Code. <br /> <br /> (b) Thereafter, such assessments shall be payable at the same time and in the <br />same manner as general taxes on real property within the GHAD. <br /> <br /> (c) All funds generated by such assessments, and all interest earned thereon, shall <br />be kept segregated and in a separate account for the exclusive benefit of the Oak <br />Tree Farm GHAD, and shall not be deemed at any time to constitute funds credited <br />to the City treasury. <br /> <br />SECTION 7. The City Attorney is authorized to enter into, on behalf of the City of <br />Pleasanton, a Certification and Mutual Indemnification Agreement with the County of Alameda in <br />order to effectuate the collection of special taxes, assessments and fees on the Secured Tax Roll. <br /> <br />Page 18 of 19