SR 06:189 - Laserfiche WebLink

Moller Ranch The Engineer's Report for the Moller Ranch GHAD provides that funding is needed for the following: excavation and re-compaction of shallow slope failures, installation of additional subdrain systems, repair of surface drainage improvements, construction of additional surface drainage improvements, restoration of eroded areas and/or removal of siltation deposits, 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 $89 to $91, including the City-owned water reservoir within the District. With 100 properties within the District, including the City-owned water reservoir site, this year's budget will be $9,100. Currently, the Moller Ranch GHAD has a fund balance of $57,087 for the repair and maintenance of hillside slopes and drainage facilities, as may be necessary in the future. 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. 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 SR:06: 189 Page 7 of37