Title
a. Support acceptance of the Engineer's Report for County Service Area No. 66-Las Lomas/ Monterra Ranch (also known as Oak Tree Views);
b. Support approval of a County Service Area No. 66-Las Lomas/Monterra Ranch (also known as Oak Tree Views) assessment increase in the amount of $197.62 per parcel per year, resulting in an annual increase from $408.96 to $606.58 per parcel to take effect in Fiscal Year 2019-2020, with subsequent annual increases corresponding with the Consumer Price Index for the San Francisco/Oakland/San Jose Area; and
c. Support setting a Majority Protest Hearing for property-related assessment in County Service Area No. 66-Las Lomas/Monterra Ranch (also known as Oak Tree Views).
Report
RECOMMENDATION:
It is recommended that the Budget Committee:
a. Support acceptance of the Engineer's Report for County Service Area No. 66-Las Lomas/ Monterra Ranch (also known as Oak Tree Views);
b. Support approval of a County Service Area No. 66-Las Lomas/Monterra Ranch (also known as Oak Tree Views) assessment increase in the amount of $197.62 per parcel per year, resulting in an annual increase from $408.96 to $606.58 per parcel to take effect in Fiscal Year 2019-2020, with subsequent annual increases corresponding with the Consumer Price Index for the San Francisco/ Oakland/San Jose Area; and
c. Support setting a Majority Protest Hearing for property-related assessment in County Service Area No. 66-Las Lomas/Monterra Ranch (also known as Oak Tree Views).
SUMMARY:
An Engineer's Report was completed for County Service Area No. 66 (CSA 66) Tract No. 1270 (Las Lomas/Monterra Ranch, also known as (a.k.a.) Oak Tree Views) in April 2018, and annual adjustments were calculated through the 2018-19 fiscal year (Attachment A). The current annual assessment has not increased since 2006, while the infrastructure ages and the cost to provide maintenance and improvements has been impacted by inflation over the years. Staff is recommending an assessment i...
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