SR 06:143 - Laserfiche WebLink

aside sufficient reserves in a replacement fund for the long-term replacement of plantings, irrigation systems, fencing, and other District improvements. With the assessment of one City-owned parcel, the City will pay $252.91 as a result of the passage of Proposition 218. Landscape and Lighting District 1994-1, Oak Tree Farm The Oak Tree Farm subdivision (L & L District 1994-1) has been in place for twelve (12) years. This maintenance includes the open space areas, entry features, firebreaks, trees, shrubbery, groundcover and irrigation systems. The assessments for the coming year for District 1994-1 will remain at $473.66 per parcel per year. With a total of 42 parcels in the District [one of these a City-owned parcel, a sewer lift station ($465.75)], this year's total assessment will be $19,885.81. This amount will be sufficient to fund the maintenance of all common areas including water and electrical costs, County assessment fees, City administration fees and sets aside sufficient reserves, in a replacement fund for the long-term replacement of plantings, irrigation systems, fencing, and other District improvements. With the assessment of one City-owned parcel, the City will pay $465.75 as a result of the passage of Proposition 218. Landscape and Lighting District 1995-1, Moller Ranch The Moller Ranch subdivision (L & L District 1995-1) has been in place for eleven (11) years. The maintenance of this District includes open space areas, entry features, firebreaks, trees, shrubbery, groundcover and irrigation systems. The assessments for the coming year for District 1995-1 (Moller Ranch) will remain at $570.06 per parcel per year. With a total of 101 parcels in the district [two of these are City- owned parcels, the Moller Ranch water tank and a staging area for Pleasanton Ridge ($560.53 each)], this year's total assessment will be $57,557. This amount will be sufficient to fund the maintenance of all common areas including water and electrical costs, County assessment fees, City administration fees and sets aside sufficient reserves in a replacement fund for the long- term replacement of plantings, irrigation systems, fencing, masonry walls, signage and other District improvements. Although a cash surplus of approximately $86,900 exists for this District, staff does not recommend reducing the current assessment, as the District contains a number of improvements for which long-term replacement must be considered. These improvements consist of rock veneer entry walls (260 lineal feet), a masonry wall along Moller Ranch Drive SR 06: 143 Page 6 of7