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CITY COUNCIL OF THE CITY OF PLEASANTON <br /> ALAMEDA COUNTY, CALIFORNIA <br /> <br /> AS BOARD OF DIRECTORS OF THE <br />OAK TREE FARM GEOLOGIC HAZARD ABATEMENT DISTRICT <br /> <br /> RESOLUTION NO. GHAD-03-001 <br /> <br />RESOLUTION DECLARING THE BOARD'S INTENTION <br />TO APPROVE ASSESSMENTS WITHIN THE OAK TREE <br />FARM GEOLOGIC HAZARD ABATEMENT DISTRICT <br /> <br />WHEREAS, <br /> <br />on November 15, 1994, the City Council of the City of Pleasanton adopted <br />Resolution No. 94-135, approving the formation of a geologic hazard abatement <br />district ("GHAD") for the Oak Tree Farm project area and appointing the City <br />Council as the Board of Directors for the GHAD; and <br /> <br />WHEREAS, <br /> <br />in order to defray the costs and expenses of maintaining and operating GHAD <br />improvements, it will be necessary to provide for a reliable source of GHAD <br />funding; and <br /> <br />WHEREAS, <br /> <br />Public Resources Code Section 26650 et seq. authorize, after public hearing, the <br />levy and collection of assessments upon benefited property within the GHAD to <br />pay for the maintenance and operation of GHAD improvements; and <br /> <br />WHEREAS, <br /> <br />attached hereto as Exhibit "A" is a report prepared for the Board which sets forth <br />the estimated budget for the 2003-04 fiscal year, the proposed estimated <br />assessments to be levied each fiscal year against each parcel of property <br />(single-family residential lots) within the GHAD, and a description of the method <br />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 <br />GEOLOGIC 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 <br />in Exhibit "A", including the estimated GHAD budget for the 2003-04 fiscal year <br />set forth 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 /> <br />