Laserfiche WebLink
GHAD 26-121 <br /> Page 2 of 3 <br /> Open Space, Access, or Private Park Parcels: $0 per annum <br /> Tract 6400 (Parcels A, B, D, F, G, H, I, K, N & 0) <br /> Tract 6590 (Parcels A & B) <br /> Tract 6951 (Parcels B, D) <br /> Tract 7045 (Parcel A) <br /> City Water Reservoirs: $450 per annum <br /> Tract 6400 (Portion of Parcel B and Parcel L) <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 /> PROJECTED INCOME: <br /> Annual Income (119 Single-Family Residential Lots) $53,550.00 <br /> 2 Laurel Creek Water Reservoir Parcels $900.00 <br /> Remaining Parcels $0.00 <br /> Interest Income: $13,000 <br /> TOTAL: $67,450.00 <br /> PROJECTED EXPENDITURE: <br /> Geologic and/or Geotechnical Engineering Consultant $8,197.00 <br /> Repair and maintenance (per Plan of Control) $54,253.00 <br /> City Review and Inspection $5,800.00 <br /> County Administration <$800.00> <br /> Reserve $0.00 <br /> TOTAL: $67,450.00 <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 /> SECTION 6. The Board further orders that said assessments shall be levied and <br /> collected in the following manner: <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 the properties, as provided <br /> in said Code. <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 /> (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 Laurel <br />