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June 16, 2005 Page 4 8. NEW ITEMS A. Public Hearing - Adoption Of Resolution Number 061605-A, Approving Engineer's Report, Confirming Diagram And Assessment And Ordering Levy Of Assessments For Districtwide Park Maintenance And Recreation Improvement District (62-1) Friedl said that the submitted resolution confirms and approves the final Engineer's Report for the Districtwide Park Maintenance and Recreation Improvement District (AD 62-1) and confirms the levies contained therein, $27.76 per single-family equivalent unit throughout the District except for properties covered by AD 92-1 (Rancho Conejo) or AD 94-1 (Dos Vientos Ranch.) In response to Jacobsen's inquiry, staff said a couple of constituent calls about the assessment district have been received this year. It was moved by Holt, seconded by Lange, and carried 5-0 to adopt Resolution No. 061605-A approving the Engineer's Report, confirming the diagram and assessment and ordering the levy of assessment for the Districtwide Park Maintenance and Recreation Improvement District (AD 62-1); that it be read in title only and all other readings be waived. B. Adoption Of Resolution Number 061605-B Adopting Memorandum Of Understanding Between District And Service Employees International Union (SEIU), And Adjusting Employee Benefits And Salaries Lewanda provided background information, referenced the documentation, and identified and discussed the MOU articles that were significantly changed. She said that the salaries will be increased 3%; the District shall provide a classification and compensation study and actuarial studies for the 2.5% at 55 and 2.7% at 55 retirement plans; and the District will add a Retirement Health Savings Plan. In response to Jacobsen's inquiry, Lewanda said that the cost of the classification and compensation study would be approximately $75,000 and is covered in the budget. Jacobsen and Gibson suggested that other districts and sources be contacted for relevant information and cost saving methods.