Res99 13646 - Laserfiche WebLink

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_ EXHIBIT "D" PROPERTY OWNER BALLOT AND NOTICE OF PROPOSED ASSESSMENT 5. provision of all services, materials and equipment for the maintenance, repair and flushing of the storm drain system within Seapod Boulevard; 6. 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. rental of lands of Southern Pacific Transportation Company for installation of landscaping and related support facilities thereon; 8. provision of replacements, additions, and betterment 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. Maximum Assessment: The maximum maintenance budget for the District to be spread among assessment parcels within the District is $148,000 for the fiscal year 1999-00. 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 to be spread among and levied on parcels may be increased in future years at a compound rate of increase not to exceed three (3) percent annually. 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 1999-00 maximum annual assessment for your parcel is $. This amount may increase at three (3) percent per year, compounded annually. 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. Annual increases in assessments will be made administratively in accordance with the above described formula (but in no event greater than three percent (3%) in any fiscal year) without further notice to property owners. In future years, any proposed increase of assessments in excess of the FY 1999-00 as sessment, as adjusted to reflect compound annual increases of not more than three (3) percent, will be duly noticed and will be subject to a majority protest election as required by Proposition No. 218. Basis for Calculating Assessments: Each year the City will determine how much it will cost to maintain Facilities in the District. The total budget that may be allocated among 13546