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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 (2016-17), in the amount of <br /> $8,492.00, was allocated to the 12 residential lots, and includes interest. There <br /> was no allocation to the remaining parcels. <br />