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May 4, 2000 Page 3 In response to Jacobsen's inquiry, Sorensen said that the only questions received by staff have been from prospective home buyers, and no complaints or inquiries have been received from existing homeowners. It was moved by Gibson, seconded by Holt, and carried 5.0 to adopt Resolution Number 050400-A, a resolution initiating proceedings for the annual levy of assessments for fiscal year 2000-2001 and ordering the preparation of an Assessment Engineer's Report for Landscape Maintenance District No. 94-1 (Dos Vientos Ranch); that it be read in title only and all further readings be waived. It was moved by Gibson, seconded by Holt, and carried 5-0 to adopt Resolution Number 050400-13, a resolution approving the Assessment Engineer's Report for proceedings for the annual levy of assessments within Landscape Maintenance District No. 94-1 (Dos Vientos Ranch); that it be read in title only and all further readings be waived. It was moved by Gibson, seconded by Holt, and carried 5-0 to adopt Resolution Number 050400-C, a resolution declaring its intention to provide for an annual levy and collection of assessments in Landscape Maintenance District No. 94-1 (Dos Vientos Ranch) and setting a time and place for Public Hearing thereon; that it be read in title only and all further readings be waived. B. Adoption Of Resolutions 050400-D, 050400-E And 050400-F, Setting The Date For A Public Hearing For Landscape Maintenance District 92- 1, Rancho Conejo Sorensen reviewed the LIVID 92-1 election in June of 1998, and referenced the high level of homeowner interest in the area. He explained that Phases 2 and 3 of the Rancho Conejo Playfield are currently under construction and are expected to be open to the public in approximately 120 days; only Phase 2 will be subject to the annual assessment until such time as the requisite number of houses are occupied; and in the interim Phase 3 maintenance will be subsidized through revenue generated by an easement sale to GTE. He noted the presence of Amy Roblyer of Willdan Associates. In response to Lange's inquiry, Sorensen discussed assessment and valuation criteria, and noted that the LMD 92-1 is at two-thirds build out.