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EXHIBIT `C' CITY OF REDWOOD CITY SEAPORT BOULEVARD LANDSCAPE MAINTENANCE DISTRICT NOTICE OF PROPOSED ASSESSMENT provision of all services, materials and equipment for the maintenance, repair and flushing of the storm drain system within Seaport Boulevard; 6) the provision of all services, materials and equipment for the maintenance, operation, repair and servicing of the landscaping pump stations and gravity storm sewers to said pump stations and force mains therefrom, including the acquisition of electrical power; 7) the rental of lands of Southern Pacific Transportation Company for installation of landscaping and related support facilities thereon; 8) the provision of replacements, additions, and betterments to the above enumerated facilities; and 9) all necessary incidental expenses pursuant to Section 22526 of the Streets and Highways Code of the State of California, as the section may be amended from time to time. Maximum Assessment: The maximum maintenance budget for the District to be spread among assessment parcels within the District is $212,500 in each fiscal year of the 5 -year budget. The entire budget will be spread among the assessment parcels in the District based on the special benefit conferred upon each assessment parcel by the Facilities. The annual budget will be allocated among assessment parcels in the District as described below under the heading "Basis for Calculating Assessments" and as more fully described the method of spread in the Engineer's Report prepared in connection with these proceedings. The maximum annual assessment for your parcels is $XX.XX. Duration of Assessment: An assessment will be levied annually on all parcels in the District to pay for annual landscape maintenance expenses of the Facilities specifically benefiting parcels in the District. In future years, any proposed increases assessments in excess of the maximum assessment will be duly noticed and will be subject to a majority protest election as required by Proposition 218. Basis for Calculating Assessments: The City will determine how much it will cost to maintain Facilities in the District for each of the five fiscal year, starting from 2005 -06 through 2009- 2010. The total budget that may be allocated among parcels in the District is limited to the maximum as described above under the heading "Maximum Assessment." Annual landscape maintenance costs are spread among all assessable parcels within the District on the basis of special benefit conferred upon each parcel, which special benefit is calculated based on the sum of the following: (a) one -half of the ratio of the acreage that each assessment parcel bears to the total acreage of all assessment parcels plus (b) one - quarter of the ratio of the frontage on the Southern Pacific Transportation Company right -of -way that each assessment parcel bears to the summation of all assessment parcel frontages on the Southern Pacific Transportation Company right -of -way plus (c) one - quarter of the ratio of the distance (times 100) from the most westerly side of the landscaping improvements along Seaport Boulevard to the centeroid of each assessment parcel that each assessment parcel bears to the summation of all such assessment parcel distances (times 100). Procedures for Completing the Ballot: Accompanying this notice is a ballot, along with a self addressed, postage paid return envelope. The ballot may be completed by the property owner(s) 2