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Conejo Recreation & Park District <br />GENERAL MANAGER <br />Jim Friedl <br />DATE: May 5, 2022 <br />TO: Board of Directors <br />FROM: Jim Friedl, General Mana .00 � <br />BOARD OF DIRECTORS <br />Nellie Cusworth, Chair <br />Susan L. Holt, Vice Chair <br />George M. Lange, Director <br />Chuck Huffer, Director <br />Doug Nickles, Director <br />GENERAL MANAGER EMERITUS <br />Tex Ward <br />SUBJECT: Consideration of Resolution050522-A for Landscaping Maintenance District <br />(LIVID) 92-1 (Rancho Conejo) Preliminarily Approving the Engineer's Report <br />for 2022-2023, Declaring Intention to Provide Annual Levy and Collection of <br />Assessments, and Setting Time and Place for Public Hearing <br />RECOMMENDATION <br />Adopt Resolution 050522-A preliminarily approving the Engineer's Report for 2022-2023, <br />declaring intention to provide annual levy and collection of assessments, and setting time and <br />place for public hearing. <br />DISCUSSION <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 June 2, 2022 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 $102.80 per benefit unit to $106.10 per benefit unit for FY 2022/23. Based on the <br />7.399% (capped at 5%) change in CPI from February 2021 to February 2022, the maximum <br />assessment rate within LMD 92-1 (Rancho Conejo) changes from $107.54 per benefit unit to <br />$112.92 per benefit unit. <br />ADMINISTRATIVE OFFICES <br />403 West Hillcrest Drive, Thousand Oaks, CA 91360-4223 <br />805-495-6471 1 Fax: 805-497-3199 1 parks@crpd.org I www.crpd.org <br />