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EXHIBIT C <br />CITY OF REDWOOD CITY <br />SEAPORT CENTRE MAINTENANCE DISTRICT <br />NOTICE OF PROPOSED ASSESSMENT <br />Maximum Annual <br />Assessor's Parcel Number Assessment Levy on Parcel <br />xxx-xxx-xxx $xx.xx <br />Property Owner Name <br />Mailing Address <br />Total Annual District Budget: <br />Maximum Annual District Assessment: <br />Your Maximum Annual Assessment: <br />$ls7,ooo.oo <br />X187,000.00 <br />SXX.XX <br />6.3C <br />Page 11 <br />Reason for the Proposed Assessment: On April 22, 1985 the City Council of the City of <br />Redwood City established the Seaport Centre Maintenance District (the "District") which <br />provided for the levy of annual assessments on parcels within the District pursuant to a method <br />of assessment spread in an aggregate amount sufficient to pay for estimated annual maintenance <br />expenses associated with public improvements relating to levees, storm drains, water facilities <br />and sanitary sewer facilities (the "Facilities"} in the District, the operation and maintenance of <br />which benefited privately owned parcels within the District. On November 5, 1996 California <br />voters approved Proposition 218, an amendment to the California Constitution that requires <br />existing, new or increased assessments, beginning July 1, 1997, to be approved by affected <br />property owners pursuant to a majority vote. Each property will receive one ballot that is <br />weighted according to the proportional financial obligation of the affected property. <br />The proposed budget for the fiscal years ending June 30 2011 - 2015 reflects the necessary <br />maintenance schedule for the levees, water facilities, storm drains and sanitary sewer facilities <br />and includes the estimated cost of repair and maintenance of the Facilities. The budget is <br />detailed in the Engineer's Report, which is on file with the City Clerk and available for public <br />inspection. <br />Maximum Assessment: The maximum maintenance budget for the District to be spread among <br />assessment parcels within the District is $187,000 in each fiscal year of the 5-year budget. The <br />entire budget will be spread among the assessment parcels in the District based on the special <br />benefit conferred upon each assessment parcel by the Facilities. The annual budget will be <br />allocated among assessment parcels in the District as described below under the heading "Basis <br />for Calculating Assessments" and as more fully described the method of spread in the Engineer's <br />Report prepared in connection with these proceedings. Tfie maximum annual assessment for <br />your parcels is $72,396.30. The maximum cumulative assessment on your parcels over the S- <br />yearperiod is $361,981.50. <br />Duration of Assessment: An assessment will be levied annually for a period of f ve years on all <br />parcels in the District to pay for annual maintenance expenses of the Facilities specifically <br />