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At the meeting of June 6, 1995, the City Council approved the <br /> Engineer's Report relating to this assessment district and <br /> scheduled a public hearing per the requirements of the State of <br /> California Landscape and Lighting Act of 1972. A copy of this <br /> report is attached for your reference. <br /> <br /> The assessments for the coming year will be $268.27 per parcel per <br /> year. With a total of 90 parcels in the district, this year's <br /> total assessment will be approximately $24,145. This amount will <br /> be sufficient to fund the maintenance of all common areas including <br /> water and electrical costs, County assessment fees, City <br /> administration fees, and a small contingency for emergency work or <br /> the repair of vandalism. <br /> <br /> As this is the first year for assessments, the project currently <br /> has a fund balance of zero. Maintenance will be paid for out of <br /> the City General Fund until the County assessments are made at <br /> which point the General Fund will be reimbursed <br /> <br /> The City Council is asked to confirm the Engineer's Report and levy <br /> the annual assessment for the continuing care of this Landscape <br /> District. <br /> <br /> FISCAL IMPACT <br /> <br /> All costs related to Landscape District 1993-1 are paid for through <br /> annual assessments. There is no financial impact to the City of <br /> Pleasanton. <br /> <br /> Respectfully submitted, <br /> <br />Rand~.l A. Lum ~~~ <br />'(~"~ Deborah Acosta <br /> Direc[or of Public Works City Manager <br /> and Utilities <br /> <br /> Attachment <br /> <br /> SR:95:195 - 2 - <br /> <br /> <br />