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The foregoing rate shall be adjusted, effective as of July 1 of each fiscal year, to the <br /> Engineering News Record Construction Cost Index for the San Francisco Bay Area. <br /> SECTION 5. The Board further orders that the amounts set forth above shall be <br /> assessed against the property within the GHAD for the 2009 -2010 fiscal year and for <br /> subsequent fiscal years. <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 Section 3114 of the California Streets and <br /> Highways Code, whereupon the assessments shall attach as a lien upon the <br /> property, as provided in said Section 3114 Streets and Highways 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 are payable. <br /> (c) All funds generated by such assessments, and all interest earned thereon, <br /> shall be kept segregated and in a separate account for the exclusive benefit of <br /> Lemoine Ranch Estates GHAD, and shall not be deemed at any time to <br /> constitute funds credited to the City treasury. <br /> SECTION 7. This resolution shall become effective immediately upon its passage and <br /> adoption. <br /> SECTION 8. Clerk of the Board shall certify to the passage of this resolution and enter <br /> it into the book of original resolutions. <br /> PASSED, APPROVED AND ADOPTED by the City Council of the City of Pleasanton, <br /> as the Board of Directors of the Lemoine Ranch Estates Geologic Hazard Abatement District, at <br /> a meeting held on June 16, 2009. <br /> I, Karen Diaz, Clerk for the Lemoine Ranch Estates GHAD, certify that the foregoing <br /> resolution was adopted by the Board of Directors at a meeting held on the 16th of June, 2009, <br /> by the following vote: <br /> Ayes: Boardmembers Cook- Kallio, Sullivan, Thorne <br /> Noes: None <br /> Absent: Boardmembers McGovern, Chair Hosterman <br /> Abstain: None <br /> aren 3 iaz, Clerk <br /> Lemoine Ranch Estat= GHAD <br /> APPROVED AS TO FORM: <br /> hl(C -(1a.q l� /u' <br /> Michael H. Roush, General Counsel <br /> for the Lemoine Ranch Estates GHAD <br />