CITY COUNCIL REGULAR MEETING AGENDA PACKET 7-21-26

SECTION 6. Based on oral and documentary evidence, including the Engineer’s Report, offered and received at the public hearing, the City Council expressly finds and determines that: a) each of the several assessed lots and parcels of land within the Assessment District will be specially benefited by the Improvements (as described in the Engineer’s Report) in at least the amount of the Assessment apportioned against such lots and parcels of land, respectively; and b) there is substantial evidence to support, and the weight of the evidence preponderates in favor of, said finding and determination as to special benefit to property within the Assessment District from the Improvements to be financed with assessment proceeds. SECTION 7. That the Bonde Ranch Landscape Maintenance District 2026-2 is hereby formed, and assessments consistent with the Engineer’s Report are hereby levied, pursuant to the provisions of Landscaping and Lighting Act of 1972 (Part 2 of Division 15 of the California Streets and Highways Code (commencing with Section 22500 thereof) (“the Act”) and Article XIII- D of the California Constitution. SECTION 8. The assessment for fiscal year 2026-2027 shall be levied at the rate of SIX HUNDRED THIRTY-THREE DOLLARS AND THREE CENTS ($633.03) for Zone A (100% of SFE), and TWO HUNDRED SEVENTY-EIGHT DOLLARS AND FIFTY-THREE CENTS ($278.53) for Zone B (44% of SFE) per single-family equivalent (SFE) benefit unit, with estimated total annual assessment revenues as set forth in the Engineer’s Report. SECTION 9. The authorized maximum assessment to be levied in future fiscal years shall be increased annually based on the San Francisco Bay Area Consumer Price Index (CPI), with a maximum of 3% without a further vote or balloting process. In the event that the actual assessment rate for any given year is not increased by an amount equal to the CPI change, any such deferred assessment increase may be added to the total amount assessed in any subsequent year. In such event, the maximum authorized assessment amount shall be equal to the base year assessment as adjusted by the increase to the CPI, plus any and all CPI adjustments deferred in any and all prior years. SECTION 10. Immediately upon adoption of this resolution, but no later than August 10 following its adoption, the City Clerk shall file a certified copy of this resolution with the County Auditor-Controller. Upon such filing, the County Auditor-Controller shall enter on the County assessment roll opposite each lot or parcel of land the amount of assessment thereupon as shown in the Assessment. SECTION 11. The assessments shall be collected at the same time and in the same manner as County property taxes are collected, and all laws providing for the collection and enforcement of County taxes shall apply to the collection and enforcement of the assessments. After collection, the net amount of assessments, after deduction of County collection costs, shall be paid to the City of Pleasanton. SECTION 12. The monies representing assessments collected shall be deposited in a separate fund established under the distinctive designation of the Assessment District. Funds collected shall be expended only for the special benefit of parcels within the Assessment District. SECTION 13. The Assessment, as it applies to any parcel, may be corrected, cancelled, or refunded as appropriate by order of the City Council upon a determination from the Assessment Engineer that the Assessment should be revised to be consistent with the method of assessment Page 345 of 923