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CITY COUNCIL OF THE CITY OF PLEASANTON AS BOARD OF DIRECTORS OF THE LAUREL CREEK ESTATES GEOLOGIC HAZARD ABATEMENT DISTRICT RESOLUTION NO. CONFIRMING ASSESSMENTS WITHIN THE LAUREL CREEK ESTATES GEOLOGIC HAZARD ABATEMENT DISTRICT AND ORDERING LEVY AND COLLECTION THEREOF WHEREAS, on November 18, 1997, the City Council of the City of Pleasanton adopted Resolution No. 97-135, approving the formation of a geologic hazard abatement district ("GRAD") for the Laurel Creek Estates project area and appointing the City Council as the Board of Directors for the GRAD; and WHEREAS, on May 20, 2008, the Board of Directors of the Laurel Creek Estates GRAD adopted Resolution No. _-_ declaring the Board's intention to order that the costs and expenses of maintaining and operating the GRAD improvements shall be assessed against the property within the GRAD benefited thereby. Said resolution further declared the Board's intention to assess against the property within the GRAD, for the 2008-2009 fiscal year and for subsequent fiscal years, those amounts set forth in the report prepared by the General Manager of the GRAD pursuant to the Public Resources Code Section 26651. Said report is attached as Exhibit "A" to said Resolution. Said resolution further fixed June 17, 2008, at 6:55 p.m. as the time for the hearing of any protests to the proposed assessments; and further directed the City Clerk to mail notice of said hearing pursuant to Public Resources Code Section 26652. NOW, THEREFORE BE IT RESOLVED THAT THE BOARD OF DIRECTORS OF THE LAUREL CREEK ESTATES GEOLOGIC HAZARD ABATEMENT DISTRICT DOES RESOLVE, DECLARE, DETERMINE AND ORDER THE FOLLOWING: SECTION 1. A public hearing before the Board for the hearing of any protests to the proposed assessments within the Laurel Creek Estates GRAD was held on June 17, 2008, at 6:55 p.m. Notice of said hearing was given in accordance with the requirements of Public Resources Code Section 26652 SECTION 2. At the hearing, the Board heard and considered any and all protests to the proposed assessments. Thereafter, the Board closed the hearing. SECTION 3. At the hearing, the Board heard and considered any and all protests to the proposed assessments. Thereafter, the Board closed the hearing SECTION 4. The Board further confirms the assessments, as detailed in the above- referenced report submitted by the General Manager, and orders that the amount of said assessments levied against each parcel of property within the GRAD and benefited thereby, shall be as follows: Single Family Residential Lots $340 per annum Tracts 6400, 6590, 7045 & 6951 Parcels A, B, D, F, G, H, I, N & O, Tract 6400