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areas, firebreaks, trees, shrubbery, groundcover and irrigation systems for the Bonde Ranch subdivision, Tract 6483 and Tract 6518 in the City of Pleasanton. The assessments for the coming year for District 1993-2 (Bonde Ranch) will be the same as last year at $257.22 per each privately owned parcel. With a total of 103 parcels in the district (including the city-owned Bonde Ranch water tank parcel), this year's total assessment will be $26,489.35. This amount is adequate to fund the maintenance of the district, including water costs, county assessment fees, and city administration fees. However, this amount is not enough to fund capital repair or replacement costs. The fund balance for capital repair and replacement is approximately $21,000 for this district. This amount is not enough for the significant improvements for which replacement must be considered in the near-term. The improvements consist of a complete irrigation system replacement and plant replacement, tree pruning, and repair or replacement of other features. With the assessment of one city-owned parcel, the City will pay $252.91. The cash reserves for the district are nearly depleted. City staff continues to work closely with the maintenance contractor to increase the efficiency of landscape maintenance operations and has shut off the water due to existing leaks in the irrigation system. Despite these efforts, an increase in the annual assessment will be necessary to continue the maintenance standards of the district, and replenish the reserve needed to fund eventual capital repair and replacement costs. Landscape Maintenance District 1994-1, Oak Tree Farm The Oak Tree Farm subdivision (District 1994-1) has been in place for 27 years. Maintenance in this district includes open space areas, entry features, decorative lighting, firebreaks, trees, shrubbery, groundcover and irrigation systems. The assessments for the coming year for District 1994-1 will remain at $473.66 per parcel per year. With a total of 42 parcels in the district (including one city-owned sewer lift station parcel), this year's total assessment will be $19,885.81. This amount is adequate to fund the maintenance of the district, including water costs, county assessment fees, city administration fees, replacement of plantings, irrigation systems, fencing, and other district improvements, but not enough to cover any required capital replacement costs or additional emergency repair services. City staff continues to work closely with the maintenance contractor to increase the efficiency of landscape maintenance operations and has shut off the water due to existing leaks in the irrigation system. An increase in the annual assessment will be necessary in the future to meet the maintenance standards of the district. The fund balance for capital repair and replacement is approximately $74,000 for this district. This amount is not enough for several improvements for which replacement must be considered in the near-term. The improvements consist of an extensive irrigation system replacement and plant replacement, decorative fence repairs, tree pruning, and repair or replacement of other features. Page 6 of 8