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Developments not likely to have landscaping improvements completed <br />during the 1989-90 fiscal year, specifically those not having final <br />tract maps filed at this time, should not have assessments assigned <br />to them for maintenance. There is however, one exception. Since <br />the district does need advance funds with which to maintain <br />landscaping improvements, there will be an assessment applied <br />during the first annual engineer's report which is subsequent to <br />the annexation's confirmation. There will therefore be an <br />assessment levied on Annexation No. 2 to Landscape Maintenance <br />District No. 1 <br />Developments tnat had assessments assigned previously but which <br />have not yet had landscaping improvements installed should not be <br />assessed this fiscal year providing their fund balance is <br />sufficient. <br />The following assessments include costs or balances accumulated to <br />date, and estimated costs for the 1989-90 Fiscal Year for the <br />landscaping to be maintained by Landscape Maintenance District No. <br />1. <br />Landscape Maintenance District No. 1 - Tracts 13282, 13434 and <br />13496 (Original District Formation) <br />Tract 13282 (38 lots) <br />1989-90 Fiscal Year <br />Maintenance <br />0 4 Ac. @ $500/Ac/Mo = $2,400 <br />Water & Electric = 800 <br />Vandalism & Sprinkler Repair = 200 $3,400 <br />Incidental Expenses <br />Administration & Engineering = $1,558 <br />Contingency _ 500 2,058 <br />1989-90 Estimated Costs $5,458 <br />Estimated June 30 Fund Balance 2,243 <br />1989-90 Assessment $5,500 <br />