THE BOARD OF DIRECTORS OF HAYWARD GEOLOGIC HAZARD ABATEMENT DISTRICT RESOLUTION NO. 22-04
APPROVING THE BUDGET FOR THE 2022/23 FISCAL YEAR FOR THE HAYWARD GEOLOGIC HAZARD ABATEMENT DISTRICT AND SUSPENDING RESIDENTIAL LEVY WITHIN THE RESERVE DEVELOPMENT WHEREAS, on March 1, 2016, the City Council adopted Resolution 16-030, approving and ordering formation of the Hayward Geologic Abatement District (GHAD) as described in the GHAD Plan of Control for the La Vista subdivision (Tract 7620) and appointed itself to act as the GHAD Board of Directors (the "Board"); and WHEREAS, the GHAD Manager, ENGEO, has prepared a budget for Fiscal Year 2022/23 as attached as Attachment 1; the estimated budget amount for management, maintenance, and repair responsibilities is $145,570; and WHEREAS, the GHAD Board of Directors desires to adopt the budget for the fiscal year 2022/23.
WHEREAS, based on the GHAD's current account balance and the anticipated expenditures in the proposed FY 2022/23 budget, the GHAD Board desires to suspend the residential parcel levy for Fiscal Year 2022/23 for residences within The Reserve Development; NOW, THEREFORE, BE IT RESOLVED that the Hayward GHAD Board of Directors hereby orders that:
The GHAD Board approves the GHAD Budget for the 2022/23 fiscal year attached as Attachment 1.
3. The recitals are incorporated herein by this reference.
4. This Resolution shall become effective immediately upon its passage and adoption.
IN COUNCIL, HAYWARD, CALIFORNIA May 24, 2022
ADOPTED BY THE FOLLOWING VOTE:
AYES:
NOES:
ABSTAIN:
ABSENT:
ATTEST:_____________________
Clerk of Hayward Geologic Hazard Abatement District Board of Directors APPROVED AS TO FORM:
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General Counsel of the Hayward Geologic Hazard Abatement District Attachment 1- Hayward GHAD Budget for Fiscal Year 2022-2023