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Resolution No GHAD 2024-148 <br />Page 2 of 3 <br />Tract 6748 (Grant Deed by separate instrument) <br />The foregoing rate shall be adjusted, effective as of July 1 of each fiscal year by the Engineering <br />News Record Construction Cost Index for the San Francisco Bay Area with a maximum <br />adjustment of two percent. <br />PROJECTED INCOME: <br />Annual Income (41 Single -Family Residential Lots) <br />Sewage Lift Station Parcel <br />Open Space Parcels <br />Interest Income: <br />TOTAL: <br />PROJECTED EXPENDITURE <br />Geologic and/or Geotechnical Engineering Consultant <br />Repair and maintenance (per Plan of Control) <br />City Review and Inspection <br />County Administration <br />Reserve <br />TOTAL <br />$14,555.00 <br />$355.00 <br />$0.00 <br />$1,000 <br />$15,910.00 <br />$6,180.00 <br />$30,000.00 <br />$1,844.00 <br /><$328.00> <br /><S21.786.00> <br />$15,910.00 <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 2024-25 fiscal year. <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 CHAD. <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 the Oak <br />Tree Farm GHAD, and shall not be deemed at any time to constitute funds credited <br />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 />