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PART III. <br /> LEMOINE RANCH ESTATES GEOLOGIC HAZARD ABATEMENT <br /> 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 <br /> I above are based on the fact that the GHAD is comprised of residential <br /> land uses (12 single-family residential lots in Tract 7176), and the <br /> remaining parcel, Parcel A, (River Rock Hill Road), with each such lot, <br /> other than the open space parcels, sharing a similar amount of risk and <br /> benefit. <br /> The total budget for the fiscal year of the District (2012-13), in the amount <br /> of $7,380.00, was allocated to the 12 residential lots. There was no <br /> allocation to the remaining parcels. <br />