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CITY OF REDWOOD CITY r....^IIIUI L SEAPORT BOULEV ARD LANDSCAPE MAINTENANCE DISTRICT NOTICE OF PROPOSED ASSESSMENT \J f} N .. '!11 8) the provision of replacements, additions, and bettennents to the above enumerated facilities; and 9) all necessary incidental expenses pursuant to Section 22526 of the Stteets and Highways Code of the State of California. Maximum Assessment: The maximum maintenance budget for the District to be spread among assessment parcels within the District is $164,491 for the fiscal year 2004-2005. 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 amount 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 fIScal year 2004-05 total annual assessment for your parcels is $«TotLevy». 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. Assessments will be levied annually for a 5-year period from fiscal year 2000-2001 through 2004-2005 subject to the maximum annual assessment and maximum cumulative assessment for such 5-year period shown above without further notice to property owners. Any proposed increase in assessments in excess of such amounts will be duly noticed and will be subject to a majority protest election as required by Proposition 218. Basis for Calculating Assessments: The City has established a 5-year budget to maintain Facilities in the District. The maximum annual 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). Landscape maintenance costs may be increased by not more than three (3) percent, compounded annually. 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) or their authorized representative and returned to the City to indicate the property owner's support or opposition to the proposed assessment. For your ballot to be counted, you must clearly mark the appropriate box, sign the ballot and return it sealed in the enclosed envelope by the conclusion of the City Council public hearing on July 10, 2000. Ballots may be returned either by mail, or delivered to the City Clerk at 1017 Midd1efie1d Road or to the City Clerk prior to the conclusion of the public hearing. 2 -------T----