RES 96056 - Laserfiche WebLink

PART III. OAK TREE FARM GEOLOGIC HAZAR ABATEMENT DISTRICT METHOD USED IN FORMULATING ASSESSMENTS A geologic hazard abatement district ("GHAD") is essentially a benefit assessment district. The proposed estimated assessments set forth in Part I above are based on the fact that the GHAD is comprised of only two types of residential land use (23 single-family flat land residential lots in Tract 6563 and the remaining property in Parcel 6359), with each such lot sharing a similar amount of risk and benefit. The GHAD also includes certain areas of open space, additional lots with vesting tentative approval and PUD-approved lots in hillside areas, which pose the bulk of the geologic questions which require solutions at Oak Tree Farm. For the purpose of formulating GHAD assessments, the benefits and burdens of the GHAD have been assessed equally to the 23 residential lots in one instance and to the remaining parcels to be divided proportionately as to the area owned and benefitted by the district. The totals budget for the first fiscal year of the District (1994-95), in the amount of $6,200.11 was allocated to the 23 residential lots and $0 was allocated to the remaining parcels. This base rate is subject to the annual adjustment.