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Single Family Detached Maximum Assessments <br />(1) The additional Reserve Fund will not be collected in Fiscal Year 2018/2019. The Reserve Fund <br />has been fully funded. <br />'Maximum Assessment calculation rounded down to the nearest even decimal. <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 9 <br />