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due to concerns that those annexed areas appeared to have much steeper slopes, and thought that a higher risk was thus assumed by the Laurel Creek CHAD. The City's geotechnical consultant, ENGEO, brought geotechnical maps from The Preserve, Kolb Ranch, and Oak Hill Estates, to show that while the annexed areas appear steeper, there are more documented landslide and earth movement risks within The Preserve, such that the respective risks are equivalent. In addition, because the areas have similar improvements needing the same type of maintenance and monitoring, the assessments for all 121 properties in the Laurel Creek GHAD are the same. e) Residents had general questions about what type of landslide would be repaired with CHAD reserve funds. They were advised that landslides in the open spaces not threatening structures, roads or utilities would generally be left in their natural condition; landslides creating such threats would be repaired. Residents were further advised that if reserve funds were not sufficient, an additional assessment could be proposed; and GHAD law also allows for bond funding by assessments. f) In response to questions, staff explained that insurance for landslides was not available to private property owners, or to GHADs, and hence the need for reserve funds to accumulate by the GHAD assessments. Staff did not schedule an informational meeting this year as there were no public inquiries in the past year. Staff recommends the CHAD Board schedule the public hearing for June 18, 2019, to receive comment on the proposed assessments. Additionally, public notices will be sent to all the residents within each of the GHADs notifying them that this agenda report is available on the City's website (in addition to the normal postcard noticing information). Any questions that arise from the residents reading this report will be presented to the GHAD Board of Directors, along with staff responses, on or before the June 18, 2019, agenda report. Submitted by: Fiscal Review: Approved by: ////' I n1 Stephen K/patrick Tina Olson Nelson Fialho Director of Engineering Director of Finance City Manager Attachment: 1. Resolution — Laurel Creek Estates 2. Resolution — Lemoine Ranch Estates 3. Resolution — Moller Ranch 4. Resolution — Oak Tree Farm Page 6 of 6