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CITY COUNCIL OF THE CITY OF PLEASANTON <br /> <br />ALAMEDA COUNTY, CALIFORNIA <br /> <br /> AS BOARD OF DIRECTORS OF THE <br />LAUREL CREEK ESTATES GEOLOGIC HAZARD ABATEMENT DISTRICT <br /> <br />RESOLUTION NO. GHAD-03-003 <br /> <br />RESOLUTION DECLARING THE BOARD'S INTENTION <br />TO APPROVE ASSESSMENTS WITHIN THE LAUREL <br />CREEK ESTATES GEOLOGIC HAZARD ABATEMENT <br />DISTRICT <br /> <br />WHEREAS, <br /> <br />on November 18, 1997, the City Council of the City of Pleasanton adopted <br />Resolution No. 97-135, approving the formation of a geologic hazard abatement <br />district ("GHAD") for the Laurel Creek Estates project area and appointing the <br />City Council as the Board of Directors for the GHAD; and <br /> <br />WHEREAS, <br /> <br />on August 1, 2000, the City Council of the City of Pleasanton adopted Resolution <br />No. 00-102 approving annexation of territory to the Laurel Creek Estates <br />Geologic Hazard Abatement District; 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 benefited <br />within the GHAD, and a description of the method used in calculating the <br />estimated assessments; and <br /> <br />WHEREAS, the Board has reviewed and considered said report. <br /> <br />NOW, THEREFORE, THE BOARD OF DIRECTORS OF THE LAUREL CREEK ESTATES <br />GEOLOGIC HAZARD ABATEMENT DISTRICT RESOLVES AS FOLLOWS: <br /> <br /> <br />