48739100.1/517102.0001
THE BOARD OF DIRECTORS OF HAYWARD GEOLOGIC HAZARD A B A T E M E N T
DISTRICT
RESOLUTION NO. 25-01
APPROVING THE BUDGET FOR FISCAL YEAR 2025/26 FOR THE HAYWARD GEOLOGIC
HAZARD ABATEMENT DISTRICT (GHAD) AND UPDATING THE ANNUAL CONSUMER
PRICE INDEX (CPI) REFERENCE MONTH TO DECEMBER
WHEREAS, on March 1, 2016, the City Council adopted Resolution 16- 030, approving and ordering t h e 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 (FY) 2025/26 and attached as Attachment 1; the estimated budget amount for management, maintenance, and repair responsibilities of the GHAD for FY 2025/26 is $260,804; and
WHEREAS, the GHAD Board of Directors desires to adopt the budget for FY 2025/26; and
WHEREAS, the GHAD Board of Directors desire to update the annual CPI reference month to December; and
NOW, THEREFORE, BE IT RESOLVED that the Hayward GHAD Boardof Directors hereby orders that:
1. The GHAD Board approves the GHAD Budget for the FY 2025/26 attached as Attachment 1.
2. The GHAD Board of Directors approves updating the annual CPI reference month to December.
3. The recitals are incorporated herein by this reference.
4. This Resolution shall become effective immediately upon its passageand adoption.
IN COUNCIL, HAYWARD, CALIFORNIA June 24, 2025
ADOPTED BY THE FOLLOWING VOTE:
AYES:
NOES:
ABSTAIN:
ABSENT:
A T T E S T : _____________________
Attachment II
48739100.1/517102.0001
Clerk of Hayward Geologic Hazard Abatement District Board of Directors APPROVED AS TO FORM:
__________________________________________________
General Counsel of the Hayward Geologic Hazard Abatement District Attachment 1- Hayward GHAD Budget for Fiscal Year 2025-2026