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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 assessment <br /> district. The proposed estimated assessments set forth in Part I above are based on <br /> the fact that the GHAD is comprised of residential land uses (12 single-family residential <br /> lots in Tract 7176), and the remaining parcel, Parcel A, (River Rock Hill Road), with <br /> each such lot, 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 (2020-21), in the amount of <br /> $10,052.00, was allocated to the 12 residential lots, and includes interest income. There <br /> was no allocation to the remaining parcels. <br />