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CITY OF REDWOOD CIT~ REDWOOD SHORES LANDSCAPE MAINTENANCE DISTRICT NO. 1995-1 NOTICE OF PROPOSED ASSESSMENT Maximum Assessment: The maximum landscape maintenance budget for the District to be spread among the City and parcels within the District is $155,454 for the fiscal year 1997/98. The City will finance a minimum of 12 percent of the budget. The remainder will be spread among residential and commercial parcels. The amount to be spread among and levied on parcels may be increased in future years at the greater of the compound rate of two percent annually or at the compound rate of increase in compensation for the position of Landscape Gardener as that position is classified and described in the City's competitive service or merit personnel system, but in no event may the adjustment exceed 3.5 percent per year. The amount will be allocated among 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. Based on the present residential unit count, the fiscal year 1997/98 maximum annual residential assessment is $159.88. Duration of Assessment: An assessment will be levied annually on all parcels in the District to pay for annual landscape maintenance expenses of public areas specifically benefiting parcels in the District. Annual adjustments will be made administratively in accordance with the above described formula (i.e., the greater of two percent or the percent change in compensation of the position Landscape Gardener, but in no event greater than 3.5 percent in any fiscal year) without further notice to property owners. Basis for Calculating Assessments: Each year the City will determine how much it will cost to maintain public improvements in the District. 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 maintenance costs are spread among all assessable parcels within the District on the basis of special benefit conferred upon each parcel. The total budget to be allocated and levied against assessable parcels will be allocated in the amount of five percent to commercial parcels, 12 percent to the City's general fund and 83 percent to residential parcels. The residential levy will be spread equally among all residential units, subject to the following proviso. Undeveloped subdivisions in the Lido Neighborhood (the subdivisions currently identified on recorded final maps approved by the City as Lido Neighborhood Unit 1 through Lido Neighborhood Unit 4) will be allocated the number of residential units shown on the recorded final maps for such subdivisions; provided, however, that the levy on any residential unit in any development in the Lido Neighborhood that is developed at a density less than that identified on such development's final map, will be adjusted upward in proportion to the development's reduced density. 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 28, 1997. Ballots may be returned either by mail, or delivered to the City Clerk at 1020 Middlefield Road or to the City Clerk prior to the conclusion of the public hearing. Information Regarding Public Hearing and Protest Procedure: The City of Redwood City Council will hold a public hearing on July 28, 1997 to hear testimony regarding the proposed assessment, to accept ballots and to determine whether there is a majority protest against the proposed assessment. The hearing, which begins at 7:30 p.m., will be held in the San Mateo County Supervisor's chambers in the Hall of Justice Building, located at 401 Marshall Street in Redwood City. All ballots which are returned to the City will be tabulated and weighted according to the proportional financial obligation of the affected property. If upon completion of the public hearing and tabulation of the ballots the City Council determines that a majority of the ballots cast and as weighted oppose imposition of the assessment, the assessment will not be imposed. Questions Regarding These Proceedings: If you have any question about the proposed assessment or this process, please contact the City at