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PART III. <br /> LEMOINE RANCH ESTATES GEOLOGIC HAZARD ABATEMENT DISTRICT <br /> METHOD USED IN FORMULATING ASSESSMENTS <br /> A geologic hazard abatement district "GHAD is essentially a benefit <br /> assessment district. The proposed estimated assessments set forth in Part I <br /> above are based on the fact that the GHAD is comprised of residential land uses <br /> (12 single family residential lots in Tract 7176), and the remaining parcel, Parcel <br /> A, (River Rock Hill Road), with each such lot, other than the open space parcels, <br /> sharing a similar amount of risk and benefit. <br /> The total budget for the fiscal year of the District (2010 -11), in the amount of <br /> $7,236.00, was allocated to the 12 residential lots. There was no allocation to <br /> the remaining parcels. <br />