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Existing GHADs within the City of Pleasanton There are currently four GHADs within the city: Laurel Creek Estates (The Preserve, Oak Hill Estates and Kolb Ranch Estates), Moller Ranch, Lemoine Ranch Estates, and Oak Tree Farm. The Oak Hill Estates and the Kolb Ranch Estates subdivisions were both annexed into the Laurel Creek Estates GHAD after the formation of the original district, which included only The Preserve neighborhood; those annexations occurred on August 1, 2000, and July 20, 2004, respectively. All of the four existing GHADs are located on the west side of Foothill Road and are in areas where potential geologic hazards exist. All four of the GHADs were created prior to the passage of Proposition 218 in November of 1996 and have a built-in escalation factor to compensate for inflation: the Engineering News Record (ENR) Construction Cost Index for the San Francisco Bay Area. DISCUSSION 2020-2021 Proposed Assessments The annual assessments can be adjusted each year by the ENR Construction Cost Index for the San Francisco Bay Area. The current index allows for an increase of more than four percent, but will be held at two percent. The allowed ENR adjustment is stated within each GHAD's original creation document and is therefore compliant with Proposition 218. Laurel Creek Estates The Engineer's Report for the Laurel Creek Estates GHAD concludes that funding is needed for the following special services for properties within this GHAD in the coming year: remove debris within drainage ditches, repair manhole structure, stabilize slopes, perform erosion control, conduct routine maintenance, inspect site, prepare the Engineer's Report, and manage City administrative costs. This year, staff recommends increasing the annual parcel assessment by two percent to $400. There are 121 properties within the GHAD (102 in Laurel Creek Estates, including the two City-owned water reservoir sites; seven in Oak Hill Estates and 12 in Kolb Ranch Estates). This year's projected revenue will be $61,400. The anticipated operational expenses this year will total $40,236, leaving $21,164 to be deposited into the fund reserve. As of May 1, 2020, the Laurel Creek Estates CHAD has a fund reserve of$933,483. The reserve assumes the potential for a significant repair of the hillside slopes once every ten years. These reserves can also be used for the eventual replacement of slope stabilization infrastructure, should it be necessary. Based upon some experience with the cost of landslide repairs in this area west of Foothill Road, staff believes this reserve amount to be appropriate but is still concerned about whether it will actually cover the cost of needed repairs, should a significant landslide occur. Moller Ranch The Engineer's Report for the Moller Ranch GHAD concludes that funding is needed for the following special services for properties within this GHAD in the coming year: repair hillside erosion, mitigate wildlife burrowing activity, clean debris from drainage ditches and inlets, seal cracks in drainage ditches, trim vegetation, inspect site, prepare the Engineer's Report, and manage City administrative costs. This year, staff recommends Page 3 of 6