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<br />Section 4: <br /> <br />The Board further confirms the assessments, as detailed in the above-referenced report <br />submitted by the General Manager, and orders that the amount of said assessments levied <br />against each parcel of property within the GHAD and benefited thereby, shall be as <br />follows: <br /> <br />Single Family Residential Lots <br />Tract 6563, Tract 6748 & Parcel Map 8293 <br />Parcel B Parcel Map 6359 <br />City Sanitary Sewer Pump Station <br /> <br />$239.00 per annum <br /> <br />$-0- per annum <br />$239.00 per annum <br /> <br />The foregoing rate shall be adjusted, effective as of July 1 of each fiscal year, to the <br />Engineering News Record Construction Cost Index for the San Francisco Bay Area. <br /> <br />Section 5: <br /> <br />The Board further orders that the amounts set forth above shall be assessed against the <br />property within the GHAD for the 2006-2007 fiscal year and for subsequent fiscal years. <br /> <br />Section 6: <br /> <br />The Board further orders that said assessments shall be levied and collected in the <br />following manner: <br /> <br />(a) The City Clerk of the Board shall cause to be recorded a notice of assessments, as <br />provided for in Section 3114 of the California Streets and Highway Code, whereupon the <br />assessments shall attach as a lien upon the property, as provided in said Section :n 14 <br />Streets and Highways Code. <br /> <br />(b) Thereafter, such assessments shall be payable at the same time and in the same <br />manner as general taxes on real property within the GHAD are payable. <br /> <br />(c) All funds generated by such assessments, and all interest earned thereon, shall be kept <br />segregated and in a separate account for the exclusive benefit of the Oak Tree Farm <br />GHAD, and shall not be deemed at any time to constitute funds credited to the City <br />treasury. <br /> <br />SR:06:189 <br />Page 11 of 37 <br />