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City staff began the process of potentially increasing the assessments for the Windsor LIVID earlier this year through a Proposition 218 compliant voting procedure. However, the property owners that attended the neighborhood outreach meeting on February 2, 2022, voiced their desire that the City undertake more significant outreach to discuss increasing the assessment prior to making the decision to vote. Staff has extended the outreach period with a vote expected to occur in 2023. 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. Lighting and Landscape Maintenance District 1993-2, Bonde Ranch The Bonde Ranch subdivision (District 1993-2) has 103 parcels. The district has been in place for 29 years. Maintenance in this district includes entry features, open space areas, firebreaks, trees, shrubbery, groundcover and irrigation systems for the subdivision, Tracts 6483 and 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 $18,000 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. City staff began the process of potentially increasing the assessments for the Bonde Ranch LIVID earlier this year through a Proposition 218 compliant voting procedure. However, the property owners at the neighborhood outreach meeting on February 3, 2022, expressed strong opposition to increasing the assessment so staff placed the pursuit of a sustainable assessment amount on hold for the near future. 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. Page 4of7