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Tract 7176 (Parcel A) <br /> The foregoing rate shall be adjusted, effective as of July 1 of each fiscal year, to not more <br /> than the Engineering News Record Construction Cost Index for the San Francisco Bay Area. <br /> SECTION 5. The Board further orders that the amounts set forth above shall be <br /> assessed against the property within the GHAD for the 2020-21 fiscal year and for subsequent <br /> fiscal years subject to annual adjustment. <br /> SECTION 6. The Board further orders that said assessments shall be levied and <br /> collected in the following manner: <br /> (a) The City Clerk of the Board shall cause to be recorded a Notice of <br /> Assessments, as provided for in California Streets and Highways Code §3114, <br /> whereupon the assessments shall attach as a lien upon the property, as provided <br /> in said Code. <br /> (b) Thereafter, such assessments shall be payable at the same time and in the <br /> same manner as general taxes on real property within the GHAD. <br /> (c)All funds generated by such assessments, and all interest earned thereon, shall <br /> be kept segregated and in a separate account for the exclusive benefit of Lemoine <br /> Ranch Estates GHAD, and shall not be deemed at any time to constitute funds <br /> credited to the City treasury. <br /> SECTION 7. The City Attorney is authorized to enter into, on behalf of the City of <br /> Pleasanton, a Certification and Mutual Indemnification Agreement with the County of Alameda in <br /> order to effectuate the collection of special taxes, assessments and fees on the Secured Tax Roll. <br /> SECTION 8. This Resolution shall become effective immediately upon its passage and <br /> adoption. <br /> PASSED, APPROVED AND ADOPTED by the City Council of the City of Pleasanton, as <br /> the Board of Directors of the Lemoine Ranch Estates Geologic Hazard Abatement District, at a <br /> meeting held on June 16, 2020. <br /> I, Karen Diaz, Clerk for the Lemoine Ranch Estates GHAD, certify that the foregoing <br /> Resolution was adopted by the Board of Directors at a meeting held on the 16th of June, 2020, by <br /> the following vote: <br /> Ayes: <br /> Noes: <br /> Absent: <br /> Abstain: <br /> Karen Diaz, Clerk for the <br /> Lemoine Ranch Estates CHAD <br /> APPROVED AS TO FORM: Dated: <br /> Daniel G. Sodergren, General Counsel <br /> for the Lemoine Ranch Estates CHAD <br />