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Conejo Recreation & Park District <br />GENERAL MANAGER BOARD OF DIRECTORS <br />Jim Friedl George M. Lange, Chair <br />Doug Nickles, Vice Chair <br />Susan L. Holt, Director <br />Chuck Huffer, Director <br />Nellie Cusworth, Director <br />GENERAL MANAGER EMERITUS <br />Tex Ward <br />DATE: April 16, 2020 <br />TO: Board of Directors <br />FROM: Jim Friedl, General Manag <br />SUBJECT: Consideration of Resol do 620-B for Landscaping Maintenance District <br />(LMD) 92-1 (Rancho Conejo) Preliminarily Approving the Engineer's Report <br />for 2020-2021, Declaring Intention to Provide Annual Levy and Collection of <br />Assessments, and Setting Time and Place for Public Hearing <br />RECOMMENDATION <br />Adopt Resolution 041620-B preliminarily approving the Engineer's Report for 2020-2021, <br />declaring intention to provide annual levy and collection of assessments, and setting time and <br />place for public hearing. <br />171 o9�110111 <br />Assessment District law requires the annual preparation of an Engineer's Report for the purpose <br />of identifying improvements and levying assessments for the maintenance of those <br />improvements. <br />The park maintenance assessment is a partial assessment for overall maintenance and operating <br />(M&O) costs and is based upon the differential between ad valorem property tax received and <br />attributable to park maintenance and the actual maintenance costs. The LMD includes a capital <br />improvement project fund. <br />The attached resolution provides for a noticed Public Hearing of this Board on May 21, 2020 at <br />6:00pm, to consider the ordering of the improvements and the levy of the proposed assessment. <br />The recommended assessment for LMD 92-1 (Rancho Conejo) provides for the maintenance and <br />operation of Rancho Conejo Playfield. As per the table below, the proposed assessment is <br />changing from $98.19 per benefit unit to $100.14 per benefit unit for FY 2020/21. Based on the <br />3.35% (capped at 5%) change in CPI from February 2019 to February 2020, the maximum <br />assessment rate within LMD 92-1 (Rancho Conejo) changes from $102.53 per benefit unit to <br />$105.98 per benefit unit. <br />ADMINISTRATIVE OFFICES <br />403 West Hillcrest Drive I Thousand Oaks, CA 91360-4223 <br />(805) 495-6471 1 FAX: (805) 497-3199 1 Email: parks@crpd.org I Website: www.crpd.org <br />