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PART II1. <br /> <br /> OAK TREE FARM GEOLOGIC HAZARD ABATEMENT DISTRICT <br /> METHOD USED IN FORMULATING ASSESSMENTS <br /> <br />A geologic hazard abatement district ("GHAD") is essentially a benefit assessment <br />district. The proposed estimated assessments set forth in Part I above are based on <br />the fact that the GHAD is comprised of residential land uses (23 single-family <br />residential lots in Tract 6563, 15 single family residential lots in Tract 6748), the <br />City owned sanitary sewer pump station site, and the remaining property in Parcel <br />Map 6359, with all lots, other than the remaining property in Parcel Map 6539, <br />sharing a similar amount of risk and benefit. For the purpose of formulating GHAD <br />assessments, the benefits and burdens of the GHAD have been assessed equally to <br />the 38 residential lots and City sanitary sewer pump station site. <br /> <br />The total proposed budget for the fiscal year of the District (1999-00), in the amount <br />of $7,722, is allocated to the 38 residential lots and to the City owned sanitary <br />sewer pump station site. <br /> <br /> <br />