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HomeMy WebLinkAboutMINUTES - 07151997 - C46 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY,CALIFORNIA Adopted this Order on July 15, 1997 by the following vote: AYES: Supervisors Rogers, Uilkema, Gerber, Canciamilla and DeSaulnier NOES: None ABSENT: None ABSTAIN: None RESOLUTION NO. 97/384 SUBJECT: RESOLUTION OF THE BOARD OF SUPERVISORS OF THE COUNTY OF CONTRA COSTA APPROVING PROPOSED RESOLUTION OF INTENTION AND BOUNDARY MAP UNDER SECTION 10184 OF THE STREETS AND HIGHWAYS CODE OF CALIFORNIA IN AND FOR THE WINDEMERE RANCH ASSESSMENT DISTRICT 1997-1 FOR THE ASSOCIATION OF BAY AREA GOVERNMENTS WHEREAS the Association of Bay Area Governments (the "Agency"), a joint exercise of powers agency,duly organized under the laws of the State of California and operating in the County of Contra Costa (the"County"),is beginning special assessment proceedings under the Municipal Improvement Act of 1913, being Division 12 of the Streets and Highways Code of California (the "Act") in and for the Agency's Windemere Ranch Assessment District 1997-1 (the"Assessment District")for the construction and acquisition of water system rights and improvements; and WHEREAS,under Section 10104 of the Act,the Agency must obtain certain approvals from the Board of Supervisors of the County as a condition to continuing proceedings for the Assessment District because the Agency is neither a city nor a county and a portion of the lands proposed to be assessed by the Agency in and for the Assessment District lies within unincorporated territory of the County; and WHEREAS the Agency has filed with the Clerk of the Board of Supervisors a request that the Board of Supervisors approve the proposed Resolution of Intention and Boundary Map to be used by the Agency in its proceedings for the Assessment District,together with copies of the proposed Resolution of Intention and Boundary Map for the Assessment District; and WHEREAS the public interest,convenience and necessity will be served by the conduct of proceedings for the Assessment District by the Agency; NOW, THEREFORE,BE IT RESOLVED by the Board of Supervisors of the County as follows: Section 1. The form of proposed Resolution of Intention and Boundary Map foithe Agency's Assessment District submitted by the Agency to the Board of Supervisors are hereby approved. Section 2. The approvals granted herein shall in no way subject the County to any liability for the costs of the proposed acquisitions and improvements,the Assessment District,the assessments to be levied therein nor any of the bonds to be issued by the Agency for the Windemere Ranch Assessment District. Section 3. The Clerk of the Board of Supervisors is directed to file a certified copy of the Resolution with the Secretary of the Agency as soon as possible. C hereby certify that this Is a true and correct copy of an action tak n andentered on the minutes of the Board of Su isors on the date sh ATTESTED: PHIL 8 CFfELOA, Jerk of the Board Orig: Val Alexeeff(646-1620) of erw and Coun A ministrator cc: County Administrator County Counsel By Y_ _....,Deputy VA:dg abag.res RESOLUTION NO. 97/384 ASSOCIATION OF BAY AREA GOVERNMENTS Representing City and County Governments of the San Francisco Bay Area ABAG MEMORANDUM To: ABAG Executive Board & ABAG Finance and Personnel Committee Date: 29 June 1997 From: Clarke J.Howatt,ABAG Financial Services Manager Re: Request for Participation in SABRs V Issue&Request to Initiate Procedures to Form the Windemere Ranch Assessment District in Contra Costa County Program Background In 1993, the Executive Board approved the ABAG Special Assessment Bond Round-Up (SABR) Program allowing for the pooled issuance of local assessment district bonds. To date, the Agency has brought three SABR issues to market aggregating nearly $87 million. Under the SABR Program, ABAG issues Marks-Roos Revenue Bonds in order to acquire an approximately equivalent amount Mello-Roos or Special Assessment District obligations of local jurisdictions. Each underlying bond issue in the program stands on its own credit: There is no cross-collateralization or pooled credit aspect among jurisdictions in this program. The Agency's role in the SABR Program is strictly as a conduit. ABAG takes 6h`no obligation to make payment on its SABR program securities. As with ABAG's other ongoing pooled financing programs, the SABR program gathers together specialized expertise, offers economies in costs of issuance, and ease of access to the capital markets for participating local governments. In some situations, the credit strength of a land secured financing merits application of bond insurance (as in the SABRs IV proposal also before the Board on the 17th). More often, a portion of an assessment district financing can gain credit enhancement (bond insurance) through the application of a senior-subordinate structure (as applied in the second SABR series). Most often however, Special Assessment Bonds are generally not of sufficient credit quality to achieve investment-grade ratings from the rating agencies. Accordingly, SABR Program bonds have, in the past, been issued by ABAG without a rating. (This proposed issue is also not expected to be rated.) Although ABAG's obligation to make payment on all of its SABR program securities is strictly limited to payments made by participants on underlying obligations acquired by the program, the speculative grade credit of these financings represents a somewhat higher level of risk relative to other ABAG financing programs, in terms of the administrative burden that might be associated with a problem situation. Mailing Address: P.O.Box 2050 Oakland,California 94604-2050 (510)464-7900 Fax:(510)464-7970 info@abag.ca.gov Location: Joseph P.Bort MetroCenter 101 Eighth Street Oakland,California 94607-4756 Staff Report: Proposed SABR V Participant Windemere Ranch Assessment District Page 2 The Agency regularly seeks to promote awareness of the SABR Program's benefits to its member jurisdictions. As a result, several members are currently considering participation in the Program with a number of new and previously approved financings in development for a pool to be issued later this fall anchored by this applicant. The Applicant The 2300 acre Windemere Ranch is located just north of the I-580-680 interchange and adjacent to the City of San Ramon. Windemere Ranch is part of the 11,000 unit Dougherty Valley Specific Plan which was approved by Contra Costa County in 1992. Windemere has entitlements for 5,170 dwelling units and 380,000 square feet of commercial space. A first phase tentative map, consisting of 2,249 dwelling units, was approved in November, 1996. Windemere is scheduled to commence its first phase of development in 1997-98. Start of construction is dependent upon the purchase of State Water Project water rights through the Dublin San Ramon Services District which has located and is under contract to provide water for the entire Windemere Ranch project. Windemere Ranch is currently under the ownership of Windemere Ranch Partners, a California Limited Partnership consisting primarily of Somerset Homes, a United Kingdom real estate development company, and Weyerhaeuser Venture Corporation, a wholly owner subsidiary of The Weyerhaeuser Corporation of the United States. The Partnership, whose purpose was to obtain the entitlements, bought the property in 1984. The Partnership currently intends to re-structure itself at some point in the future and/or sell the property to other entities. Under the terms of the existing "Windemere Development Agreement" with Contra Costa County, it is required that a single "master developer" always be in place to interface with all parties regarding the entire development. Development of the Windemere Ranch would be facilitated by a number of public financing efforts including this initial proposal which, if approved at all steps, would lead to funding for the acquisition of water for the project, additional assessment bonds for traditional infrastructure improvements to the property, and also Multi-Family Housing Revenue Bonds to facilitate fulfillment of the 25% low income residential requirement stipulated in the land use approval for the development. The Current Proposal The applicant has requested participation in the SABRs program in order to fund the first phase of infrastructure development on this property. This funding would occur later this fall as part of the anticipated SABRs V pool with both new and previously approved jurisdictions participating. This initial application does not The proposal at hand is that the Agency also facilitate the actual formation of this new Special Assessment District by initiating the required proceedings. This service would be a first for the Agency but is a common function performed its members. Under section 10003 of the Municipal Improvement Act of 1913, the most frequently used assessment law in California, a joint powers agency is authorized to use the law to create an assessment district. Under the Act, ABAG would consider matters for the assessment district at a minimum of three Staff Report: Proposed SABR V Participant Windemere Ranch Assessment District Page 3 meetings. At the first(July 17th)the Board is being asked to adopt a Resolution of Intention setting this financing process in motion and to pass a second Resolution giving preliminary approval to the Special District's Engineer's Report (both Resolutions are attached). These Resolutions set the time for the required subsequent meetings. If the Board were to make an affirmative determination on the initial application,the second step would be to hold the public meeting to receive input only (no decisions). This public meeting would be conducted by Agency staff on July 31, 1997. The third, and last, meeting would be to hold the required hearing, receive the property-owner ballot (under Prop 218), confirm the assessments and authorize the bonds and the financing documents (Official Statement, etc.). This hearing and consideration for final approval of the bond issue would take place at the September 18th meeting of the Executive Board. All of the above procedures would be conducted with a minimum of complication(i.e. the ballot)as a result of the current single owner status of the property. The developers of the Windemere Ranch project have applied for participation in the ABAG SABR Program primarily because of the need to coordinate the interests of the many various agencies of local government that are either directly or indirectly involved in the formation and implementation of the new district. The Dublin San Ramon Services District, a joint powers authority formed in 1972 whose members .include the Counties of Alameda and Contra Costa along with the Cities of San Ramon and Dublin, is the provider of record for water services and reclaimed water services. Sewer services will be provided by the Contra Costa County Central Sanitary District. Though the property lies within an unincorporated section of Contra Costa County, the County's annexation agreement with the City of San Ramon requires that the City of San Ramon annex each portion of all the Dougherty Valley developments including the Windemere Ranch Project as each portion goes to the individual unit permitting stage. Thus, the future governmental party at interest for the Windemere project is the City of San Ramon although the current permitting agency is Contra Costa County. Contra Costa County is expected to make its formal determination with respect to the matter of ABAG's participation in this financing on July 14th, four days prior to the ABAG Executive Board meeting. County staff have indicated a desire for ABAG to intermediate and accommodate this aspect of the Project's development, primarily because of the temporary nature of the County's jurisdiction over the property. As a participant in an earlier ABAG SABRs pool,the County is also aware that the project will also benefit from the economies of the pooled SABR program. The Financing This process would result in an initial bond issue of approximately $14 million, the proceeds of which would be used to provide funds for the improvement of the subject property through the acquisition of specific water rights and water storage rights benefiting the property and for the payment of associated soft costs in connection with necessary water rights costs of the Dublin San Ramon Services District and the benefited property. Repayment of ABAG's non-recourse bonds would be secured by property tax assessments levied by Contra Costa County and appearing on the annual property tax bill sent by the county to the property owner/homeowners. The County is a "Teeter Plan"jurisdiction so that timely tax Staff Report: Proposed SABR V Participant Windemere Ranch Assessment District Page 4 collections would be enhanced by virtue of advances from the County's general fund with subsequent collection by the County. The bonds would be supported by at least a 6:1 (six to one) value to lien coverage ratio (based on the value of only partially developed property) as security for the assurance of repayment of the assessment lien on the property owners. .There would be no liability to ABAG to repay the debt. The current application does not authorize the bond issue. The applicant would be required to return to the Board for final approval. Security The Agency's obligation to make payment on all of its SABR program securities is strictly limited to payments made by participants on underlying obligations acquired by the program. The program also calls for funded reserves as a cushion against unanticipated cash flow interruption. Actions Requested The developer has formally petitioned the Agency to pass the Resolution of Intention to Make Acquisitions and Improvements. This Resolution would formally begin the process of assessment. However, it cannot be adopted unless the County has previously given its consent. This process also requires at this juncture the adoption of the form of the Engineer's Report. This second Resolution fulfils the requirement of the Act to show the estimated costs of the items to be acquired or constructed and their related bonding and administrative costs and the way the costs are apportioned or spread to the benefited lands in the assessment district. The form of the Report has been prepared by Carlson, Barbee & Gibson, Inc. under contract with the developer. The Report is on file with the ABAG Secretary. )Financing Project Team Jones Hall, San Francisco, serves as Bond Counsel for the SABR Program. The borrower proposes that Carlson, Barbee & Gibson, Professional Engineers, serve as Assessment Engineer and that Altura, Nelson & Co., San Ramon, serve as Senior Managing Underwriter of the Authority's securities. This action also authorizes the Agency to engage both a Bond Trustee and a Program Administrator to coordinate ongoing administration of the proposed Special Assessment District and the release of funds for improvements,the cost for such services to be passed along to the property owners. Recommendation Approve the attached Resolution —-97 indicating an intention to begin formation of the new Special Assessment District for the Project and Resolution _-97 preliminarily approving the Engineer's Report. C:\abag\f&Pcomm\analysis\sabr\Staff Report for Proposed Formation of Windemere Ranch Assessment District ASSOCIATION OF BAY AREA GOVERNMENTS Win m r ' de e e Ranch Assessment District 1997-1 1 ENGINEER' S REPORT DIVISION 12, STREETS AND HIGHWAYS CODE OF CALIFORNIA Carlson, Barbee & Gibson, Inc. CIVIL ENGINEERS.SURVEYORS•PLANNERS ' 7000 CNOW CANYON PLACE,SUITE 350 TEL(510)888-0077 A SAN AMON,CA 94583 FAX(510)888.8575 ' ASSOCIATION OF BAY AREA GOVERNMENTS Windemere Ranch Assessment District 1997-1 ' ENGINEER'S REPORT DIVISION 12, STREETS AND HIGHWAYS CODE OF CALIFORNIA ' CONTENTS ITEM PAGE ' 1. Assessment.......................................................................... ...... .....1 2. Cost Estimate......................................................... ..............................3 ' 3. Assessment Roll......................................................................................4 4. Names and Addresses of Property Owners........................................................5 ' 5. Method of Assessment...............................................................................6 6. Descriptions and Plats of Easements and/or Lands to be Acquired(If Any)..................7 ' 7. Plans&Specifications................................................................................8 8. Assessment Diagram.................................................................................9 ' 9. Certificates............................................... ...........................................10 ASSOCIATION OF BAY AREA GOVERNMENTS Windemere Ranch Assessment District 1997-1 ASSESSMENT ' WHEREAS,on . 1997,the Board of Directors of the Association of Bay Area Governments(the"Agency"),State of California,under the Municipal Improvement Act of 1913 (the "Act),adopted its Resolution of Intention to Make Acquisitions and Improvements(the"Resolution of ' Intention")for the acquisition and/or construction of the public improvements(the"Improvements')more particularly therein described in and for the Agency's Windemere Ranch Assessment District 1997-1 (the "Assessment District"); ' WHEREAS,with respect to the Improvements,the Resolution of Intention directed the undersigned to make and file a report presenting a general description of any works and appliances already installed and any other property necessary or convenient for the operation of the Improvements,plans,and specifications ' for the proposed construction,estimates of costs,maps and descriptions of lands and easements to be acquired,and diagram and assessment of and upon the subdivisions of land within Assessment District,to which Resolution and the description of the Improvements therein contained reference is hereby made for ' further particulars; NOW,THEREFORE,the following assessment is made to cover the portion of the estimated cost ' of the Improvements and the costs and expenses incidental thereto to be paid by the assessments: SUMMARY COST ESTIMATE ' (1) (2) (3) As Preliminarily As Confirmed As Modified Approved And Recorded After ' Cost of Construction............................ $ 0 $ $ Recordation Cost of Acquisitions............................. $ 6,600,000 $ $ ' Contingencies......... $ 2,790 $ $ Incidental Expenses............................. $ 7,097,210 $ $ TOTAL COST................................... $ 13,700,000 $ $ ' Estimated Contributions........................ $ 0 $ $ Estimated Earnings on Improvement Fund.............................. $ 0 $ $ ' BALANCE TO ASSESSMENTS............ $ 13,700,000 $ $ I do hereby assess and apportion the Balance to Assessment of the Total Cost of the acquisitions, ' work and improvements upon the several lots,pieces or parcels or portions of lots or subdivisions of land liable therefor and benefited thereby,and hereinafter numbered to correspond with the numbers upon the attached Assessment Diagram,upon each,severally and respectively,in accordance with the benefits to be received by such subdivisions,respectively,from the Improvements,and more particularly set forth in the list ' hereto attached and by reference made a part hereof. The assessment is made upon the several subdivisions of land within the Assessment District in ' proportion to the estimated benefits to be received by the subdivisions,respectively,from the improvements. As required by the Act,an Assessment Diagram is hereto attached showing the Assessment District and also the boundaries and dimensions of the respective subdivision of land within the Assessment District as the ' same existed at the time of the passage of the Resolution of Intention,each of which subdivisions having been given a separate number upon the Assessment Diagram. 1 Each subdivision of land assessed is described in the within Assessment Roll by reference to its ' parcel number as shown on the Assessor's Maps of the County of Contra Costa for the fiscal year 19_- 19_and includes all of such parcel excepting those portions thereof within existing public roads or right of way to be acquired in these proceedings for public road purposes. For a more particular description of said ' property,reference is hereby made to the deeds and maps on file and of record in the office of the County Recorder of the County. Notice is hereby given that serial and/or term improvement bonds to represent unpaid assessments ' and bear interest at the rate of not to exceed twelve percent(12%)per annum,or such higher rate of interest as may be authorized by applicable law at the time of sale of such bonds,will be issued hereunder in the ' manner provided by Division 10 of the Streets and Highways Code,the Improvement Bond Act of 1915,and the last installment of such bonds shall mature not to exceed years from the second day of September next succeeding twelve(12)months from their date. ' Under the Resolution of Intention,the requirements of Division 4 of the California Streets and Highway Code shall be satisfied with Part 7.5 of said Division 4,for which the following is presented: ' 1. The total amount,as near as can be determined,of the total principal amount of all unpaid special assessments and special assessments required or proposed to be levied under any completed or pending assessment proceedings,other than contemplated in the instant ' proceedings is: $ 0 ' 2. The total amount of the principal sum of the special assessments(the"Balance to Assessment")proposed to be levied in the instant proceedings is: ' $ 13,700,000 3. The total amount of the principal sum of unpaid special assessments levied against the ' parcels to be assessed,as computed pursuant to Paragraph 1 above,plus the principal amount of the special assessment proposed to be levied in the instant proceedings from Paragraph 2 above is: t $ 13.700,000 ' 4. The total true value,as near as may be determined,of the parcels of land and improvements which are proposed to be assessed in the instant proceedings,as determined by the full cash value of the parcels as shown upon the last equalized assessment roll of the County of ' Contra Costa is: Dated: ��-�-`�1 —7 , 1997 ' Engineer of Work By. D/ regory D.Miller 2 ' ASSOCIATION OF BAY AREA GOVERNMENTS Windemere Ranch Assessment District 1997-1 ' ENGINEER'S COST ESTIMATE ' 1. CONSTRUCTION (a) All Public Improvements(specify streets,sewer, storm drainage,etc.) $ 0 (b) All Private Utilities(specify gas,electric, telephone) $ 0 $ 0 2. ACQUISITIONS (a) Completed Improvements(specify as in 1(a)and ' (b) above) $ 0 (b)Lands,Easements and Rights-of-way $ 0 (c)Rights of service and use(WATER RIGHTS) $6,600,000 $6,600,000 ' 3. INCIDENTALS (a) Construction and Acquisition: (1) Water cost to State $ 400,000 (2) DSRSD Engineering $ 276,000 ' (3) CCCSD Engineering $ 250,000 (4) Civil Engineering $ 1,350,000 (5) Soils Engineering $ 100,000 (6) Structural Engineering $ 75,000 (7) Utility Engineering $ 50,000 (8) Landscape Architect $ 100,000 ' (9) NPDES Consultant $ 50,000 (10) Environmental Consultant $ 100,000 (11) Preliminary Engineering $ 100,000 (12) Tentative Subdivision Map $ 250,000 ' (13) Aerial Topography $ 75,000 (14) Inspection Fees $ 250.000 ' (b) Costs of Issuance (1) Assessment Engineering $ 75,000 (2) Bond Administration and Registration $ 245,000 (3) Bond Printing $ 25,000 (4) Legal Publications,Auditor's Record. Recordings and Mailings $ 25,000 (5) Bond Reserve Fund $ 1,096,000 ' (6) Bond Discount $ 274,000 (7) Legal Fees $ 105,000 (8) Capitalized Bond Interest $ 1,826,210 $7.097.210 ' 4. CONTINGENCIES $ 2,790 ' TOTAL PROJECT COST $13.700.000 Less Estimated Improvement Fund Earnings ($ 0 ) ' Less Estimated Contributions ($ 0 TOTAL TO ASSESSMENT $1LM1000 3 i- ASSOCIATION OF BAY AREA GOVERNMENTS 1 Windemere Ranch Assessment District 1997-1 1 ASSESSMENT ROLL (1) (2) (3) 1 Assessment Assessor's As Preliminary As Confirmed As Modified Diagramo, Parcel No. Approved &Recorded After Recordation 1. 206-050-006 $ 706,989.87 2. 206-050-007 $ 251,312.81 1 3. 206-050-008 $ 486,055.54 4. 206-050-009 $3,721,362.70 5. 206-090-004 $ 497,102.25 1 6. 206-090-005 $ 1,389,815.05 7. 206-090-006 $2,209,343.35 1 8. 206-090-007 $ 1,082,578.24 9. 206-090-008 $ 1,082,578.24 1 10. 206-090-009 $ 220,934.33 1 11. 206-090-010 $ 1,010,774.58 12. 206-090-011 $ 527,480.72 1 13. 206-050-010 $ 513,672.33 1 14. 206-050-011 $ 0 15. 206-050-012 $ 0 1 1 1 1 4 1 ASSOCIATI N OF . O BAY AREA GOVERNMENTS Windemere Ranch Assessment District 1997-1 NAMES AND ADDRESSES OF PROPERTY OWNERS Assessment Assessor's Diagram No. Parcel No. Owner's Name and Address 1. 206-050-006 Windemere Ranch Partners 1350 Treat Blvd.,Walnut Creek,CA 94596 2. 206-050-007 Windemere Ranch Partners 1350 Treat Blvd.,Walnut Creek,CA 94596 3. 206-050-008 Windemere Ranch Partners 1350 Treat Blvd.,Walnut Creek,CA 94596 4. 206-050-009 Windemere Ranch Partners 1350 Treat Blvd.,Walnut Creek,CA 94596 5. 206-090-004 Windemere Ranch Partners 1350 Treat Blvd.,Walnut Creek,CA 94596 6. 206-090-005 Windemere Ranch Partners 1350 Treat Blvd.,Walnut Creek,CA 94596 7. 206-090-006 Windemere Ranch Partners 1350 Treat Blvd.,Walnut Creek,CA 94596 8. 206-090-007 Windemere Ranch Partners 1350 Treat Blvd.,Walnut Creek,CA 94596 9. 206-090-008 Windemere Ranch Partners 1350 Treat Blvd.,Walnut Creek,CA 94596 10. 206-090-009 Windemere Ranch Partners 1350 Treat Blvd.,Walnut Creek,CA 94596 11. 206-090-010 Windemere Ranch Partners 1350 Treat Blvd.,Walnut Creek,CA 94596 12. 206-090-011 Windemere Ranch Partners 1350 Treat Blvd.,Walnut Creek,CA 94596 13. 206-050-010 Windemere Ranch Partners 1350 Treat Blvd.,Walnut Creek,CA 94596 14. 206-050-011 Windemere Ranch Partners 1350 Treat Blvd.,Walnut Creek,CA 94596 15. 206-050-012 Windemere Ranch Partners 1350 Treat Blvd.,Walnut Creek,CA 94596 5 ASSOCIATION OF BAY AREA GOVERNMENTS Windemere Ranch Assessment District 1997-1 ' METHOD OF ASSESSMENT The assessments are apportioned according to the special benefits received by the lots,pieces and parcels of land within the Assessment District. The proportionate special benefit derived by each parcel is determined in relationship to the entirety of the capital cost of the improvements and the maintenance and operation expenses of the Improvements. No assessment has been apportioned on any parcel that ' exceeds the reasonable cost of the proportional special benefit conferred on that parcel. Only special benefits are assessed and any general benefits have been separated from special benefits 1 for purposes of this report. For such purposes,the general benefits are derived from(describe the general benefit items in the Improvements)and are estimated to cost$0,which cost is to be paid for from funds other than those raised by the assessments. Under this report the assessments for the Assessment District are apportioned in accordance with the foregoing and using the following criteria: The assessments for each parcel of land were apportioned based on the number of projected equivalent dwelling units(EDU)at buildout within that parcel. For this purpose,a single family detached dwelling unit is equal to one EDU,a multi-family attached dwelling unit is equal to.75 EDU,and each acre of commercial is equal to 5 EDU. The number of EDU's per parcel were determined from the approved tentative subdivision map for Phase One. For future phases,the number of EDU's per parcel were estimated by evenly distributing the remaining approved dwelling units within the project per the Dougherty Valley Specific Plan over the developable ' acreage within each parcel. No EDU's have been assigned to parks,schools or open space areas. 1 6 ASSOCIATION OF BAY AREA GOVERNMENTS Windemere Ranch Assessment District 1997-1 ' DESCRIPTION AND PLATS OF EASEMENTS AND/OR LANDS TO BE ACQUIRED ' There are no Descriptions and Plats of Easements and/or Lands to be Acquired. 7 ' ASSOCIATION OF BAY AREA GOVERNMENTS Windemere Ranch Assessment District 1997-1 ' PLANS AND SPECIFICATIONS There are no Plans and Specifications. 1 8 ' ASSOCIATION OF BAY AREA GOVERNMENTS Windemere Ranch Assessment District 1997-1 ASSESSMENT DIAGRAM ' Reference is made to the Assessment Diagram in and for said assessments proceedings on file in the office of the Secretary of the Board of the Agency,said Assessment Diagram being too bulky to be bound with this Engineer's Report. 9 ASSOCIATION OF BAY AREA GOVERNMENTS Windemere Ranch Assessment District 1997-1 CERTIFICATES On , 1997,the Assessment and Assessment Roll in this Engineer's Report, in the amounts set forth in Columns(1)of each,with the Assessment Diagram attached,was filed with me. Secretary of the Board ' 2. On , 1997, by Resolution No. , the Assessment in this Engineer's Report, in the amounts set forth in Column (2) and the Assessment Diagram attached were ' confirmed and approved by the Board of Directors of the Agency. ' Secretary of the Board 3. On 1997, the Assessment in this Engineer's Report and the ' Assessment Diagram attached, 611 as confirmed and approved by the Board of Directors of the Agency wee recorded in the office of the official of the Agency who is the counterpart of the Superintendent of Streets of a city. Title ' 4. On , 1997,A Notice of Assessment was recorded and the Assessment Diagram was filed in the office of the County Recorder of the County of Contra Costa, California. Secretary of the Board ' 5. On 1997, a certified copy of the Assessment and Assessment Diagram were recorded in the Office of the County Surveyor of the County-of Contra ' Costa,California. Secretary of the Board 10 r: 1 " ASSOCIATION OF BAY AREA GOVERMENTS June 26, 1997 ' Windemere Ranch Assessment District 1997-1 Job No.:94462-00 Tabulation of Equivalent Dwelling Unit(EDU) 1 ' FUTURE SINGLE MULTI FUTURE �DEVELOPABLE COAIMF.RCIAI. FAMILY FAM[LY SF % ASSESSMENT TOTAL DISTRICT A.P.N.NO. ACRES ACRES (AC) (D[j) (D[t) (DU) EDITS Allocation ' 1 206-050-006 188.1 51 256 256 5.16 ' 2 206-050-007 160.1 18 _ - 91 91 1.83 3 206-050-008 165.3 34 5 171 176 3.55 ' 4 206-050-009 253.3 * 1.4 745 794 - 1347.5 27.16 5 206-090-004 112.8 * 180 180 3.63 ' 6 206-090-005 135.7 * 21 30 491 - 503.25 10.14 7 206-090-006 241.7 159 800 800 16.13 8 206-090-007 94.7 78 392 392 7.90 9 206-090-008 157.0 78 392 392 7.90 ' 10 206-090-009 128.4 16 - 80 80 1.61 11 206-090-010 137.9 72 4 362 366 7.38 12 206-090-011 108.4 38 - 191 191 3.85 13 206-050-010 168.8 37 186 186 3.75 14 206-050-011 123.3 - = - - 15 206-050-012 144.5 2320 581 22.4 964 1285 2921 4960.75 100% " Future development acres not applicable. 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