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Page 19 <br /> Notes to Estimate of Costs <br /> 1. Contingency to address maintenance that is not routine in nature, such <br /> as repair or replacement of broken irrigation valves and lines or <br /> pruning/removing failed trees or tree limbs. <br /> 2. The HOA has accepted responsibility for the water costs. <br /> 3. Incidental and administration cost estimates include City staff hours <br /> dedicated to the administration of the assessment (including staff time <br /> to bid work, monitor contracts and contractors, respond to residents' <br /> inquiries,etc.),county charges for inclusion of assessments on property <br /> tax bills, and other incidental costs. <br /> 4. The district's capital repair and replacement anticipated year-end fund <br /> balance is approximately $6,200. The projected 2026-27 expenses <br /> reflect a reduced amount of maintenance to begin to recover the <br /> deficit,although it is likely that the irrigation system will continue to fail <br /> and cause significant expenses due to loss of water and repair costs. <br /> The reserve fund is running as a deficit and no other city funds have <br /> been impacted by the deficit. Reserve/replacement funds will go <br /> toward paying Windsor's deficit and are held in an interest-bearing <br /> account until needed for repairs to the irrigation system, landscaping <br /> or other District features. <br /> 5. The rate shown here is for a single-family home or its equivalent. For <br /> the definition of the term Single Family Equivalent (SFE) and rates for <br /> other types of property,see the section titled, "Method of Assessment" <br /> and the sections following it in this report. <br /> 6. The Act requires that proceeds from the assessments must be <br /> deposited into a special fund that has been set up for the revenues <br /> and expenditures of the Maintenance District. Moreover, funds raised <br /> by the assessment shall be used only for the purposes stated within <br /> this Report. Any balance remaining at the end of the Fiscal Year,June <br /> 30, must be carried over to the next Fiscal Year. The District may also <br /> establish a reserve fund for contingencies and special projects as well <br /> as a capital improvement fund for accumulating funds for larger <br /> capital improvement projects or capital renovation needs. Any <br /> City of Pleasanton <br /> Landscape Maintenance District No. 1993-1, Windsor SCIConsultingGroup <br /> Engineer's Report <br />