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<br /> <br />CITY COUNCIL OF THE CITY OF PLEASANTON <br /> <br />ALAMEDA COUNTY, ALAMEDA <br /> <br />RESOLUTION NO, GHAD 06-003 <br /> <br />AS BOARD OF DIRECTORS OF THE <br />LAUREL CREEK ESTATES GEOLOGIC HAZARD ABATEMENT DISTRICT <br /> <br />RESOLUTION DECLARING THE BOARD'S INTENTION TO APPROVE <br />ASSESSMENTS WITHIN THE LAUREL CREEK ESTATES <br />GEOLOGIC HAZARD ABATEMENT DISTRICT <br /> <br />WHEREAS, on November 18, 1997, the City Council of the City of Pleasanton adopted Resolution <br />No. 97-135, approving the formation of a geologic hazard abatement district ("GHAD") <br />for the Laurel Creek Estates project area and appointing the City Council as the Board of <br />Directors for the GHAD; and <br />WHEREAS, on August 1, 2000, the City Council of the City of Pleasanton adopted Resolution No. <br />00-102 approving annexation of territory to the Laurel Creek Estates Geologic Hazard <br />Abatement District; and <br /> <br />WHEREAS, on July 20, 2004, the City Council of the City of Pleasanton adopted Resolution No. <br />GHAD 04-010 approving a second annexation of territory to the Laurel Creek Estates <br />Geologic Hazard Abatement District; and <br /> <br />WHEREAS, in order to defray the costs and expenses of maintaining and operating GHAD <br />improvements, it is necessary to provide a reliable source of GHAD funding; and <br /> <br />WHEREAS, Public Resources Code Section 26650 ~. authorize, after a public hearing, the levy <br />and collection of assessments upon benefited property within the GHAD to pay for the <br />maintenance and operation of GHAD improvements; and <br /> <br />WHEREAS, attached hereto as Exhibit "A" is a report prepared for the Board which sets forth the <br />estimated budget for the 2006-07 fiscal year, the proposed estimated assessments to be <br />levied each fiscal year against each parcel of property benefited within the GHAD, and a <br />description of the method 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 LAUREL CREEK ESTATES <br />GEOLOGIC HAZARD ABATEMENT DISTRICT RESOLYES AS FOLLOWS: <br /> <br />Section 1: <br /> <br />The Board hereby approves the report by the Engineer for the GHAD as set forth in <br />Exhibit "A", including the estimated GHAD budget for the 2006-07 fiscal year set forth <br />therein. <br />