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Reso 2017-099
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Reso 2017-099
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Last modified
9/26/2017 1:52:02 PM
Creation date
7/24/2017 1:26:34 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
7/17/2017
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PERM
Document Relationships
_CC Agenda 2017 0717 CS + RG
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2017\Packet 2017 0717
5C Public Hearings 2017 0717
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2017\Packet 2017 0717
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WILLDAN <br />Fina=ial service$ <br />Single Family Detached Maximum Assessments <br />(') The additional Reserve Fund will not be collected in Fiscal Year 2017/2018. The Reserve Fund <br />has been fully funded. <br />`Maximum Assessment calculation rounded down to the nearest even decimal. <br />D. Maximum Assessments for Motor Court Units <br />There are one hundred seventy-eight (178) subdivided motor court units within the District. <br />Each of the planned motor court units is deemed to receive proportional special benefit <br />from the maintenance and operation of the improvements. When the District was formed <br />in Fiscal Year 1996/1997, a basic assessment, per lot per year was established for the <br />motor court units. In addition, an annual maximum assessment was also established for <br />each future year, which included a cost of living increase to allow for reasonable increases <br />in maintenance costs. An additional reserve fund of $70.22 per unit will be included in the <br />motor court assessment per unit for each of the first five years. Beginning with the sixth <br />year (FY 2001/2002), and for each year thereafter, this "Additional Reserve Fund" will only <br />City of San Leandro Heron Bay Maintenance Assessment District No. 96-3 Page 8 <br />
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