SR 06:136 - Laserfiche WebLink

Laurel Creek Estates The Engineer's Report for the Laurel Creek Estates GHAD provides that funding is needed for the following: repair and maintenance of surface and subsurface drainage facilities, slope stabilization, erosion control, routine maintenance, site inspection, preparation of the Engineer's Report and City administrative costs. This year, the parcel assessment has been increased 2.3 percent for inflation from $307 to $314, including the two City-owned water reservoirs within the District. With the addition of the Kolb Ranch Homes there are 121 properties within the District (102 Laurel Creek Estates, including the two City-owned water reservoirs, the 7 annexed with Oak Hill Estates and the 12 properties annexed as the Kolb Ranch Estates). This year's budget will be $37,994. Currently, the Laurel Creek Estates GHAD has a fund balance of $350,242. At the time of initiation of this District, each homeowner was required to fund the GHAD in the amount of $1,000 per lot at the time of close of escrow. This condition was also imposed upon the Oak Hill Estates and Kolb Ranch Estates lots at the time they were annexed into the existing GHAD. The budget for this district assumes the potential for a significant repair of the hillside slopes once every ten years. Lemoine Ranch Estates The Engineer's Report for the Lemoine Ranch Estates GHAD provides that funding is needed for the following: inspection, repair of the surface drainage improvements such as the concrete v-ditches and storm drain outlets including detection and mitigation of potential geologic hazards, slope stabilization, erosion control, routine maintenance, site inspection, preparation of the Engineer's Report and City administrative costs. This will be the third year of assessments for Lemoine Ranch Estates GHAD. The parcel assessment has been increased 2.3 percent for inflation from $511 to $523. There are no City-owned parcels within this GHAD. With 12 properties within the District, this year's budget will be $6,276. The Lemoine Ranch Estates GHAD will have a fund balance of $23,591. (The developer was required to fund the GHAD in the amount of $1,000 per lot at the time of the final map approval.) PUBLIC COMMENT In the past, staff has held informational meetings with property owners from each District to promote a better understanding of these districts. Over the last several years only one resident has attended these meetings. The single resident expressed concerns about erosion that was taking place on the hillside above the homes within the Oak Tree Farm development. Staff has addressed this issue over the last three years as the budget allowed. These repairs are now complete. Staff had considered having a informational meeting this year because of the addition of the Lemoine GHAD and the annexation of the Kolb Ranch Subdivision to the Laurel Creek SR 06:136 Page 7 of 32