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BACKGROUND <br /> At the meeting of May 15, 2012, the GHAD Board of Directors approved the Engineer's <br /> Report relating to each respective assessment district and scheduled a public hearing <br /> per the requirements of the Geologic Hazard Abatement District. <br /> GHAD - Purposes and Description <br /> Geologic Hazard Abatement Districts (GHADs) are State-authorized districts which can <br /> be formed for the purpose of prevention, mitigation, abatement or control of a geologic <br /> hazard. A "geologic hazard"t is an actual or threatened landslide, land subsidence, soil <br /> erosion, or other natural or unnatural movement of land. <br /> The GHADs assess landowners for operation and maintenance of improvements <br /> covered under the GHADs. These assessments are collected at the same time and in <br /> the same manner as property taxes. The annual assessments can be adjusted each <br /> year by an index2 to compensate for inflation. The current index allows for an increase <br /> of two percent. The annual assessments were last adjusted for inflation in fiscal year <br /> 2009-10. <br /> Existing GHADs within the City of Pleasanton <br /> At the request of residential property developers, the City formed four GHADs: Oak <br /> Tree Farm, Moller Ranch, Laurel Creek Estates (The Preserve, Oak Hill Estates and <br /> Kolb Ranch Estates) and Lemoine Ranch Estates. The Oak Hill Estates subdivision <br /> and the Kolb Ranch Estates subdivision were both annexed into the Laurel Creek <br /> GHAD after the formation of the original district; those annexations occurred on <br /> August 1 , 2000, and July 20, 2004, respectively. All of the four existing GHADs are <br /> located on the west side of Foothill Road and in areas where potential geologic hazards <br /> exist. <br /> THIS YEAR'S ASSESSMENTS <br /> Oak Tree Farm <br /> An Engineer's Report for the Oak Tree Farm GHAD has been prepared. It concludes <br /> that funding is needed for the following on-going special services for properties within <br /> this GHAD: cleaning of retention basins, site inspections, erosion stabilization, <br /> preparation of the Engineer's Report, and City administrative costs. This year, the parcel <br /> assessment has been increased two percent according to the index (to $280). With 42 <br /> properties within the GHAD, including the City-owned sanitary sewer pump station, this <br /> year's revenue budget will be $11,760. Currently, the Oak Tree Farm GHAD has a fund <br /> reserve of $53,405; this reserve is to be used to pay for landslide repair work, which the <br /> original Plan of Control estimated would be needed approximately every ten years. This <br /> reserve is slowly being replenished because over the last several years the majority of <br /> the reserve funds were used to complete erosion repairs along the fire trail within the <br /> covered area. <br /> ' Damage resulting from an earthquake is specifically exempted from coverage by the GHAD. <br /> 2 The index is the Engineer News Record Construction Code Index for the San Francisco Bay Area. <br /> Page 2 of 4 <br />