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PART III. <br /> <br /> MOLLER RANCH GEOLOGIC HAZARD ABATEMENT DISTRICT <br /> METHOD USED IN FORMULATING ASSESSMENTS <br /> <br />A geologic hazard abatement district ("GHAD") is essentially a benefit assessment <br />district. The proposed estimated assessments set forth in Part I above are based on <br />the fact that the GHAD is comprised of only two types of residential land use (99 <br />single-family residential lots in Tract 6618 and the remaining property open space, <br />Parcels A,B,C,D,E,F,G,H,&I), with each such lot sharing a similar amount of risk and <br />benefit. <br /> <br />The totals budget for the first fiscal year of the District (1995-96), in the amount of <br />$7,400.00, was allocated to the 99 residential lots and $0 was allocated to the <br />remaining parcels. This base rate is subject to the annual adjustment. <br /> <br />resomollr. sam.srn <br /> <br /> <br />