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<br />CITY COUNCIL OF THE CITY OF PLEASANTON <br /> <br />ALAMEDA COUNTY, CALIFORNIA <br /> <br />AS BOARD OF DIRECTORS OF THE <br />OAK TREE FARM GEOLOGIC HAZARD ABATEMENT DISTRICT <br /> <br />RESOLUTION NO. <br /> <br />RESOLUTION DECLARING THE BOARD'S INTENTION TO <br />APPROVE ASSESSMENTS WITHIN THE OAK TREE FARM <br />GEOLOGIC HAZARD ABATEMENT DISTRICT <br /> <br />WHEREAS, on November 15,1994, the City Council of the City of Pleasant on adopted Resolution <br />No. 94-135, approving the formation of a geologic hazard abatement district ("GHAD") <br />for the Oak Tree Farm project area and appointing the City Council as the Board of <br />Directors for the GHAD; and <br /> <br />WHEREAS, in order to defray the costs and expenses of maintaining and operating GHAD <br />improvements, it is necessary to provide a reliable source of GHAD funding; and <br /> <br />WHEREAS, Public Resources Code Section 26650 et seq. authorize, after a public hearing, the levy <br />and collection of assessments upon benefited property within the GHAD to pay for the <br />maintenance and operation ofGHAD improvements; and <br /> <br />WHEREAS, attached hereto as Exhibit "A" is a report prepared for the Board which sets forth the <br />estimated budget for the 2006-07 fiscal year, the proposed estimated assessments to be <br />levied each fiscal year against each parcel of property benefited within the GHAD, and a <br />description of the method used in calculating the estimated assessments; and <br /> <br />WHEREAS, the Board has reviewed and considered said report. <br /> <br />NOW, THEREFORE, THE BOARD OF DIRECTORS OF THE OAK TREE FARM GEOLOGIC <br />HAZARD ABATEMENT DISTRICT RESOLVES AS FOLLOWS: <br /> <br />Section 1: <br /> <br />The Board hereby approves the report by the Engineer for the GHAD as set forth in <br />Exhibit "A", including the estimated GHAD budget for the 2006-07 fiscal year set forth <br />therein. <br /> <br />Section 2: <br /> <br />The Board hereby declares its intention to order that the costs and expenses of <br />maintaining and operating the GHAD improvements shall be assessed against the <br />property within the GHAD benefited thereby. <br /> <br />SR 06:136 <br />Page 9 of 32 <br />