04 - Laserfiche WebLink

open space areas, firebreaks, trees, shrubbery, groundcover and irrigation systems for the subdivision (Tracts 6483 and 6518 in the city of Pleasanton). The assessments forthe coming yearfor District 1993-2 (Bonde Ranch)will be the same as last yearat $257.22 per privately-owned parcel, and $252.91 forthe one City-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 not enough to fund the maintenance of the distract areas to the same level of maintenance as in past years. This amount will fund the reduced maintenance of the district, county assessment fees, and city administration fees but will notfund capital repair or replacement costs. The fund balance for capital repair and replacement is approximately$19,000 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 such as fencing. However, staff recommends reducing the reserve by $10,000 to make necessary repairs to the 30-year-old fence this coming fiscal year. Despite shutting off the water due to existing leaks in the irrigation system, the fund balance for Bonde Ranch is insufficient for other basic maintenance tasks such as mulch replacement and more extensive fence repair, replacement, and painting. An increase in the annual assessment will be necessary to continue the maintenance standards of the distract and replenish the reserve needed to fund eventual capital repair and replacement costs. City staff began the process of potentially increasing the assessments forthe Bonde Ranch LIVID in 2022 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 assessmentso staff placed the pursuit of a sustainable assessment amount on hold. Landscape Maintenance District 1994-1, Oak Tree Farm The Oak Tree Farm subdivision (District 1994-1) has 42 parcels and the distract has been in place for 29 years. Maintenance in this district includes the care of open space areas, entry features, decorative lighting, firebreaks, trees, shrubbery, groundcover and irrigation systems. The assessments forthe coming yearfor District 1994-1 will remain at$473.66 per privately-owned parcel and $465.75 forthe one City-owned parcel. With a total of 42 parcels in the district(including one City-owned sewer lift station parcel), this year's total assessmentwill be $19,885.81. This amount is not enough to fund the maintenance of the distract areas to the same level of maintenance as in past years. This amount will fund the reduced maintenance of the district, county assessment fees, city administration fees, and minordistrict improvements, but is not enough to coverany required capital Page 5 of 8