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HomeMy WebLinkAboutAD 01-1 Apportionment #1 T6008-2 Recording Requested By and for the Benefit of the City of Bakersfield Bakersfield City Clerk City Hall 1501 Truxtun Avenue Bakersfield, CA 93301 When Recorded Mail To: Stat. Types~i NOTICE OF AMENDED ASSESSMENT AMENDING EXISTING ASSESSMENT 127 IN CITY OF BAKERSFIELD ASSESSMENT DISTRICT N0. 01-1 COUNTY OF KERN, STATE OF CALIFORNIA (ASSESSMENT AND DIAGRAM AMENDMENT N0. ~.) he re uirements of Section 3114 of the Streets and PURSUANT to t q the undersi ned, PAMELA A. McCARTHY, CMC, City Clerk of Highways Code, g ' Bakersfield, hereby gives notice that an Amended Diagram the City of l) mended Assessment Roll (Assessment and Diagram Amendment No. and A ' akersfield Assessment District No. 01-1 were filed and for City of B ' he office of the Superintendent of Streets of the City of recorded in t akersfield, relating to the following described real property: B nce is made to the map entitled "Amended Assessment Refere is ram of City of Bakersfield Assessment District NO ; 01-1 D g Count of Kern, California, (Assessment and Diagram y filed with the Amendment No. 1), Amending Assessment 127, on Coun y Recorder of the .County of Kern, AD ~ in Book of Maps f A sessment ~f °'~--L for a a y acidities Districts, at pagesf • ~~ and C.om unity F i tion of the real property in said Assessment District descr p he exterior boundaries thereof. Saa.d .Amended and t sessment Diagram amends the map entitled "Assessment AS ' ram of City of Bakersfield Assessment District No. Diag recorded June 15, 2001, in Book 20 of Maps of 01-1, essment and Community Facilities Districts, at Pages 32 Ass h 39 in the Office of the County Recorder of the throug , County of Kern, California. ER GIVEN that upon recording of this Notice in the NOTICE IS FURTH unt Recorder, the several amended assessments on the office of the Co y ' nd arcels shown on the Amended Assessment Diagram. `lots, pieces a p d Dia ram Amendment No. 1) of Assessment District No. (Assessment an g a la.en u on the Jots or portions of lots assessed, 01-1 shall become p . respectively. evidences the completion o,f statutory proceedings to~ This amendment '? reviousl levied on the divide the lien of special assessments P y rm with the is of land shown on the amended diagram, to confo parce ' in the parcels themselves. Reference is made to, sai dlvislons ment Dia ram and Amended Assessment Roll recorded in t e Amended Assess 9 i James Maples~Assessor-Recorder SABRINA Kern County Official Records Pages 4 DOCUMENT #:0201168151 ~ 1/09/2001 14~00~00 Fees.... 16.00 Taxes... ~e2eiiseis~~ Other .. . TOTAL PA[D.. 16.00 1 office of the Superintendent of Streets of the City of Bakersfield. Attached hereto pursuant to the requirements of Section 27288.1 of the Government Code, marked Exhibit A, is a copy of the Amended Assessment Roll identifying each new parcel by the amended assessment number shown on the amended diagram, together with the amount of amended assessment lien levied thereon and the name or names of the owners of each parcel subject to such amended assessments as they appear on the latest secured County Assessor's Roll, or as known to the undersigned. DATED : ~pt} , (p ~b{) PAMELA A. McCARTHY, CMC, City Clerk City of Bakersfield, California By ,~ 2 EXHIBIT A AMENDED ASSESSMENT ROLL CITY OF BAKERSFIELD ASSESSMENT DISTRICT N0.01-1 (MING AT ALLEN /MOUNTAIN VISTA DRIVE I HAMPTON PLACE) COUNTY OF KERN, STATE OF CALIFORNIA AMENDING EXISTING ASSESSMENT 127 AND ADDING NEW ASSESSMENTS 186 THROUGH 240 CREATED BY RECORDATION OF TRACT N0.6008 "PHASE 2" ASSESSMENT AND DIAGRAM AMENDMENT N0.1 AMENDED PARCEL TOTAL AMENDED DESCRIPTION / AMENDED AMENDED ASSESSMENT ASSESSOR'S TAX PROPERTY ASSESSMENT NUMBERS _ NUMBER (ATN) OWNER NAME/ADDRESS AMOUNT TRACT N0. 6008 "PHASE 2" (TR 6008-2} SUBDIVIDES EXISTING ASSESSMENT 127 (CREATED BY ORIGINAL ASSESSMENT AND DIAGRAM FOR AD 01-1}, CREATING 55 SINGLE-FAMILY RESIDENTIAL LOTS. THE 55 LOTS (LOTS 1 THROUGH 55 IN TR 6008-2) ARE AMENDED ASSESSMENTS 186 THROUGH 240, RESPECTIVELY. THE TOTAL ORIGINALASSESSMENTPRZNCIPAL FOR EXISTING ASSESSMENT 127 IS APPORTIONED TO THE 55 LOTS CREATED BY TR 6008-2. THE TOTAL ORIGINAL AND UNPAID ASSESSMENT PRINCIPAL AMOUNT FOR EXISTING ASSESSMENT 127 (AT THE BEGINNING OF THE 2001/2002 TAX YEAR) 1S $181,534.46. THE TOTAL AMOUNT APPORTIONED TO EACH NEW LOT IS SHOWN UNDER THE COLUMN ENTITLED "TOTAL AMENDED ASSESSMENT AMOUNT." EXISTING ASSESSMENT 127 IS DELETED FROM THE ASSESSMENT ROLL FOR ASSESSMENT DISTRICT N0.01-1. 186 TRACT N0.6008 "PHASE 2"; LOT 1 CAMPUS PARK, LLC $3,300.44 187 TRACT N0.6008 "PHASE 2"; LOT 2 CAMPUS PARK, LLC $3,300.63 188 TRACT N0.6008 "PHASE 2"; LOT 3 CAMPUS PARK, LLC $3,300.63 189 TRACT N0, 6008 "PHASE 2"; LOT 4 CAMPUS PARK, LLC $3,300.63 190 TRACT N0.6008 "PHASE 2"; LOT 5 CAMPUS PARK, LLC $3,300.63 191 TRACT N0.6008 "PHASE 2"; LOT 6 CAMPUS PARK, LLC $3,300.63 192 TRACT N0.6008 "PHASE 2"; LOT 7 CAMPUS PARK, LLC $3,300.63 193 TRACT N0.6008 "PHASE 2"; LOT 8 CAMPUS PARK, LLC $3,300.63 194 TRACT N0.6008 "PHASE 2"; LOT 9 CAMPUS PARK, LLC $3,300.63 195 TRACT N0.6008 "PHASE 2"; LOT 10 CAMPUS PARK, LLC $3,300.63 196 TRACT N0.6008 "PHASE 2"; LOT 11 CAMPUS PARK, LLC $3,300.63 197 TRACT N0.6008 "PHASE 2"; LOT 12 CAMPUS PARK, LLC $3,300.63 198 TRACT N0.6008 "PHASE 2"; LOT 13 CAMPUS PARK, LLC $3,300.63 199 TRACT N0.6008 "PHASE 2"; LOT 14 CAMPUS PARK, LLC $3,300.63 200 TRACT N0.6008 "PHASE 2"; LOT 15 CAMPUS PARK, LLC $3,300.63 201 TRACT N0.6008 "PHASE 2"; LOT 16 CAMPUS PARK, LLC $3,300.63 202 TRACT N0.6008 "PHASE 2"; LOT 17 CAMPUS PARK, LLC $3,300.63 203 TRACT N0.6008 "PHASE Z"; LOT 18 CAMPUS PARK, LLC $3,300.63 204 TRACT N0.6008 "PHASE 2"; LOT 19 CAMPUS PARK, LLC $3,300.63 205 TRACT N0.6008 "PHASE 2"; LOT 20 CAMPUS PARK, LLC $3,300.63 206 TRACT N0.6008 "PHASE 2"; LOT 21 CAMPUS PARK, LLC $3,300.63 207 TRACT N0.6008 "PHASE 2"; LOT 22 CAMPUS PARK, LLC $3,300.63 208 TRACT N0.6008 "PHASE 2"; LOT 23 CAMPUS PARK, LLC $3,300.63 209 TRACT N0.6008 "PHASE 2"; LOT 24 CAMPUS PARK, LLC $3,300.63 210 TRACT N0.6008 "PHASE 2"; LOT 25 CAMPUS PARK, LLC $3,300.63 211 TRACT N0.6008 "PHASE 2"; LOT 26 CAMPUS PARK, LLC $3,300.63 212 TRACT N0.6008 "PHASE 2"; LOT 27 CAMPUS PARK, LLC $3,300.63 213 TRACT N0.6008 "PHASE 2"; LOT 28 CAMPUS PARK, LLC $3,300.63 214 TRACT N0.6008 "PHASE 2"; LOT 29 CAMPUS PARK, LLG $3,300.63 215 TRACT N0.6008 "PHASE 2"; LOT 30 CAMPUS PARK, LLC $3,300.63 216 TRACT N0.6008 "PHASE 2"; LOT 31 CAMPUS PARK, LLC $3,300.63 29517EXA A-1 11/01/2001 EXHIBIT A AMENDED ASSESSMENT ROLL CITY OF BAKERSFiELD ASSESSMENT DISTRICT N0.01-1 (MING AT ALLEN /MOUNTAIN VISTA DRIVE I HAMPTON PLACE) COUNTY OF KERN, STATE OF CALIFORNIA AMENDING EXISTING ASSESSMENT 127 AND ADDING NEW ASSESSMENTS 186 THROUGH 240 CREATED BY RECORDATION OF TRACT N0.6008 "PHASE 2" ASSESSMENT AND DIAGRAM AMENDMENT N0.1 AMENDED PARCEL TOTAL AMENDED DESCRIPTION / AMENDED AMENDED ASSESSMENT ASSESSOR'S TAX PROPERTY ASSESSMENT NUMBERS _ NUMBER (ATN) OWNER NAME/ADDRESS AMOUNT 217 TRACT N0.6008 "PHASE 2"; LOT 32 CAMPUS PARK, LLC $3,300.63 218 TRACT N0.6008 "PHASE 2"; LOT 33 CAMPUS PARK, LLC $3,300.63 219 TRACT N0.6008 "PHASE 2"; LOT 34 CAMPUS PARK, LLC $3,300.63 220 TRACT N0.6008 "PHASE 2"; LOT 35 CAMPUS PARK, LLC $3,300.63 221 TRACT N0.6008 "PHASE 2"; LOT 36 CAMPUS PARK, LLC $3,300.63 222 TRACT N0.6008 "PHASE 2"; LOT 37 CAMPUS PARK, LLC $3,300.63 223 TRACT N0.6008 "PHASE 2"; LOT 38 CAMPUS PARK, LLC $3,300.63 224 TRACT N0.6008 "PHASE 2"; LOT 39 CAMPUS PARK, LLC $3,300.63 225 TRACT N0.6008 "PHASE 2"; LOT 40 CAMPUS PARK, LLC $3,300.63 226 TRACT N0.6008 "PHASE 2"; LOT 41 CAMPUS PARK, LLC $3,300.63 227 TRACT N0.6008 "PHASE 2"; LOT 42 CAMPUS PARK, LLC $3,300.63 228 TRACT N0.6008 "PHASE 2"; LOT 43 CAMPUS PARK, LLC $3,300.63 229 TRACT N0.6008 "PHASE 2"; LOT 44 CAMPUS PARK, LLC $3,300.63 230 TRACT N0.6008 "PHASE 2"; LOT 45 CAMPUS PARK, LLC $3,300.63 231 TRACT N0.6008 "PHASE 2"; LOT 46 CAMPUS PARK, LLC $3,300.63 232 TRACT N0.6008 "PHASE 2"; LOT 47 CAMPUS PARK, LLC $3,300.63 233 TRACT N0.6008 "PHASE 2"; LOT 48 CAMPUS PARK, LLC $3,300.63 234 TRACT N0.6008 "PHASE 2"; LOT 49 CAMPUS PARK, LLC $3,300.63 235 TRACT N0.6008 "PHASE 2"; LOT 50 CAMPUS PARK, LLC $3,300.63 236 TRACT N0.6008 "PHASE 2"; LOT 51 CAMPUS PARK, LLC $3,300.63 237 TRACT N0.6008 "PHASE 2"; LOT 52 CAMPUS PARK, LLC $3,300.63 238 TRACT N0.6008 "PHASE 2"; LOT 53 CAMPUS PARK, LLC $3,300.63 239 TRACT N0.6008 "PHASE 2"; LOT 54 CAMPUS PARK, LLC $3,300.63 _:_ _ 240 TRACT N0.6008 "PHASE 2"; LOT 55 CAMPUS PARK, LLC $3,300.63 TOTAL AMOUNT APPORTIONED: $181,534.46 NOTE: FOR A DETAILED DESCRIPTION OF THE LINES, DIMENSIONS AND LOCATIONS OF ASSESSMENTS 186 THROUGH 240 REFERENCE A SUBDIVISION MAP FOR TRACT N0. 6008 "PHASE 2" RECORDED OCTOBER 31, 2001, IN BOOK 47 OF MAPS, AT PAGES 111 AND 112, IN THE OFFICE OF THE KERN COUNTY RECORDER. PREPARED BY: WILSON & ASSOCIATES APPROVED: ~, ~~ EDWARD J. WILSON R.C.E. 23269 (EXPIR 29517EXA ~~p~ESS~p~~ . ;;.. ~. ,~~ DATE: ~~ ~ ~ sk~ E~P.12/3~/OI ~'~ Cllr'1!- ~~~ A_2 0~ C~_.~ 11/01/2001 29517 9/24/01 CERTIFICATE OF FILING RE: DIVISION OF LAND AND ASSESSMENT "IMPROVEMENT BOND ACT OF 1915" PART 10.5 OF DIVISION 10 STREETS AND HIGHWAYS CODE OF THE STATE OF CALIFORNIA FOR CITY OF BAKERSFIELD ASSESSMENT DISTRICT N0. 01-1 COUNTY OF KERN, CALIFORNIA ASSESSMENT AND DIAGRAM AMENDMENT N0. 1 AMENDING EXISTING ASSESSMENT 127 TO ADD NEW ASSESSMENTS 186 THROUGH 240 1. An application has been filed with the Superintendent of Streets of the City of Bakersfield by the owners or interested parties in the referenced existing assessment within City of Bakersfield Assessment District No. 01-1, requesting apportionment of the amount remaining unpaid on said assessment in accordance with the provisions of the Improvement Bond Act of 1915 . In accordance with said application, the undersigned hereby apportions to each separate part of the original parcel of land as shown on the Amended Assessment Roll, City of Bakersfield Assessment District No. 01-1, Assessment and Diagram Amendment No. 1, attached hereto as Exhibit A and incorporated herein by reference, the proportionate part of the remaining assessment in the same manner as if the land had been so divided at the time the original assessment was made. M Dated : ~' ~ "~(~~~~ ~ By .. . Superinte dent of Streets 2. Notice to Bondholder was mailed by certified mail to Sutro & Co., Inc. on ~~ ~ ~' - , 2001. BY a~~'0"Y-~ 3. No request for hearing was received from the bondholder within fourteen (14} days from the date of mailing the Notice to Bondholder. Accordingly, the Amended Assessment Roll and Amended Assessment Diagram far City of Bakersfield Assessment District No. O1-l Assessment and Diagram Amendment No. 1, were recorded in the Office of the Superintende t of Streets of the City of Bakersfield on the ~_ day of 2001. gy a. ,~ 1 4. The Amended Assessme t Dia ram was filed with the County Recorder of the County of Kern on ~' ~ «- 2001, in Book of Maps of Assessment and Community Facilities Districts, at Pages ~-- BY c~~- r~. 5. A Notice of Amended Assessment for Assessment and Diagram Amendment No. 1, Assessment District No. 01-1 with a copy of the Amended Assessment Roll attached as Exhibit was recorded on ~~ - ~ ~ ~- 2001, as Document No. - of Official Records of the County Recorder of the County of Kern. By C,~, 6. A copy of this Certificate of Filing with the Engineer's Report on Assessment and Diagram Amendment No. 1, including Exhibit A "Amended Assessment Roll", Exhibit B "Description of Existing Assessments", Exhibit C "Description of Assessment Apportionment Procedure", and a reduced, not to scale copy of the Amended Assessment Diagram attached thereto e e filed with he Fin nce Director for the City of Bakersfield on the ~ day of ~ 2001. BY ~ 2 29517RPT 9/24/01 ENGINEER'S REPORT RE: SEGREGATION AND APPORTIONMENT OF ASSESSMENTS FOR ASSESSMENT AND DIAGRAM AMENDMENT N0. 1 CITY OF BAKERSFIELD ASSESSMENT DISTRICT N0. 01-1 AMENDING EXISTING ASSESSMENT 127 TO CRATE NEW ASSESSMENTS 186 THROUGH 240 PURSUANT TO RECORDATION OF TRACT NO. 6008 "PHASE 2" 1. An application has been filed with the Superintendent of Streets of the City of Bakersfield requesting a segregation and apportionment of an existing assessment within Assessment District No. 01-1, pursuant to the division of the parcel. 2. In accordance with said application, the undersigned hereby apportions to each separate part of the original parcel of land, the proportionate part of its respective unpaid assessment that would have been levied thereon if the parcel had been so divided at the time the original assessment was made. The undersigned has assigned a new assessment number to each new parcel, as shown on the Amended Assessment Diagram attached hereto. 3. The existing assessment number, new assessment numbers and apportioned assessment amounts abased in each case on the unpaid principal amount of assessment at the beginning of the 2001/2002 Tax Year}, are as shown on Exhibit A "Amended Assessment Roll" attached hereto and incorporated herein by reference. A description of the referenced existing assessment and of how it has been subdivided is included in Exhibit B, attached hereto. A description of the procedure used to apportion the unpaid principal for the referenced existing assessment to the new assessments is included in Exhibit C, attached hereto. Existing assessment 127 is deleted from the roll for Assessment District No. 01-1. DATED : ~Z- 2~~ ~~~~~~~~ ~~~ ~P ~f~ ~,~ v ye..~ ~ N0.232~9 ~' EKP.12/31/01 ~ ~ ~. .~ ~,`~~,~ CIVIL ~~~° :z ~ ~ .,; ~a~~~ CI~~~,~~~~~~ ~~ ~.~., ,.~. ,,,;yW' WILSON & ASSOCIATES Assessment Apportionment Engineer Edward J. Wilson, R.C.E. 23269, Expires 12-31-01 EXHIBIT A AMENDED ASSESSMENT ROLL CITY OF BAKERSFIELD ASSESSMENT DISTRICT N0.01-1 (MING AT ALLEN 1 MOUNTAIN VISTA DRIVE 1 HAMPTON PLACE) COUNTY OF KERN, STATE OF CALIFORNIA AMENDING EXISTING ASSESSMENT 127 AND ADDING NEW ASSESSMENTS 186 THROUGH 240 CREATED BY RECORDATION OF TRACT N0.6008 "PHASE 2" ASSESSMENT AND DIAGRAM AMENDMENT N0.1 AMENDED PARCEL TOTAL AMENDED DESCRIPTION/ AMENDED AMENDED ASSESSMENT ASSESSOR'S TAX PROPERTY ASSESSMENT NUMBERS NUMBER (ATN) OWNER NAME/ADDRESS AMOUNT TRACT N0. 6008 "PHASE 2" (TR 6008-2) SUBDIVIDES EXISTING ASSESSMENT 127 (CREATED BY ORIGINAL ASSESSMENT AND DIAGRAM FOR AD 01-1), CREATING 55 SINGLE-FAMILY RESIDENTIAL LOTS. THE 55 LOTS (LOTS 1 THROUGH 55 IN TR 6008-2) ARE AMENDED ASSESSMENTS 186 THROUGH 240, RESPECTIVELY. THE TOTAL ORIGINALASSESSMENTPR/NCIPAL FOR EXISTING ASSESSMENT 127 IS APPORTIONED TO THE 55 LOTS CREATED BY TR 6008-2. THE TOTAL ORIGINAL AND UNPAID ASSESSMENT PRINCIPAL AMOUNT FOR EXISTING ASSESSMENT 127 (AT THE BEGINNING OF THE 2001/2002 TAX YEAR) IS $181,534.46. THE TOTAL AMOUNT APPORTIONED TO EACH NEW LOT IS SHOWN UNDER THE COLUMN ENTITLED "TOTAL AMENDED ASSESSMENT AMOUNT." EXISTING ASSESSMENT 127 IS DELETED FROM THE ASSESSMENT ROLL FOR ASSESSMENT DISTRICT N0.01-1. 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 TRACT N0.6008 "PHASE 2 "; LOT TRACT N0.6008 "PHASE 2 "; LOT TRACT N0.6008 "PHASE 2 "; LOT TRACT N0.6008 "PHASE 2 "; LOT TRACT N0.6008 "PHASE 2 "; LOT TRACT N0.6008 "PHASE 2 "; LOT TRACT N0.6008 "PHASE 2 "; LOT TRACT N0.6008 "PHASE 2 "; LOT TRACT N0.6008 "PHASE 2 "; LOT TRACT N0.6008 "PHASE 2 "; LOT TRACT N0.6008 "PHASE 2 "; LOT TRACT N0.6008 "PHASE 2 "; LOT TRACT N0.6008 "PHASE 2 "; LOT TRACT N0.6008 "PHASE 2 "; LOT TRACT N0.6008 "PHASE 2 "; LOT TRACT N0.6008 "PHASE 2 "; LOT TRACT N0.6008 "PHASE 2 "; LOT TRACT N0.6008 "PHASE 2 "; LOT TRACT N0.6008 "PHASE 2 "; LOT TRACT N0.6008 "PHASE 2 "; LOT TRACT N0.6008 "PHASE 2 "; LOT TRACT N0.6008 "PHASE 2 "; LOT TRACT N0.6008 "PHASE 2 "; LOT TRACT N0.6008 "PHASE 2 "; LOT TRACT N0.6008 "PHASE 2 "; LOT TRACT N0.6008 "PHASE 2 "; LOT TRACT N0.6008 "PHASE 2 "; LOT TRACT N0.6008 "PHASE 2 "; LOT TRACT N0.6008 "PHASE 2 "; LOT TRACT N0.6008 "PHASE 2 "; LOT TRACT N0.6008 "PHASE 2 "; LOT 1 CAMPUS PARK, LLC 2 CAMPUS PARK, LLC 3 CAMPUS PARK, LLC 4 CAMPUS PARK, LLC 5 CAMPUS PARK, LLC 6 CAMPUS PARK, LLC 7 CAMPUS PARK, LLC 8 CAMPUS PARK, LLC 9 CAMPUS PARK, LLC 10 CAMPUS PARK, LLC 11 CAMPUS PARK, LLC 12 CAMPUS PARK, LLC 13 CAMPUS PARK, LLC 14 CAMPUS PARK, LLC 15 CAMPUS PARK, LLC 16 CAMPUS PARK, LLC 17 CAMPUS PARK, LLC 18 CAMPUS PARK, LLC 19 CAMPUS PARK, LLC 20 CAMPUS PARK, LLC 21 CAMPUS PARK, LLC 22 CAMPUS PARK, LLC 23 CAMPUS PARK, LLC 24 CAMPUS PARK, LLC 25 CAMPUS PARK, LLC 26 CAMPUS PARK, LLC 27 CAMPUS PARK, LLC 28 CAMPUS PARK, LLC 29 CAMPUS PARK, LLC 30 CAMPUS PARK, LLC 31 CAMPUS PARK, LLC $3,300.44 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 29517EXA A-1 09121 /2001. EXHIBIT A AMENDED ASSESSMENT ROLL CITY OF BAKERSFIELD ASSESSMENT DISTRICT N0.01-1 (MING AT ALLEN 1 MOUNTAIN VISTA DRIVE 1 HAMPTON PLACE) COUNTY OF KERN, STATE OF CALIFORNIA AMENDING EXISTING ASSESSMENT 127 AND ADDING NEW ASSESSMENTS 186 THROUGH 240 CREATED BY RECORDATION OF TRACT N0.6008 "PHASE 2" ASSESSMENT AND DIAGRAM AMENDMENT N0.1 AMENDED PARCEL TOTAL AMENDED DESCRIPTION./ AMENDED AMENDED ASSESSMENT ASSESSOR'S TAX PROPERTY ASSESSMENT NUMBERS NUMBER (ATN) OWNER NAME/ADDRESS AMOUNT 217 TRACT N0.6008 "PHASE 2"; LOT 32 CAMPUS PARK, LLC $3,300.63 218 TRACT N0.6008 "PHASE 2"; LOT 33 CAMPUS PARK, LLC $3,300.63 219 TRACT N0.6008 "PHASE 2"; LOT 34 CAMPUS PARK, LLC $3,300.63 220 TRACT N0.6008 "PHASE 2"; LOT 35 CAMPUS PARK, LLC $3,300.63 221 TRACT N0.6008 "PHASE 2"; LOT 36 CAMPUS PARK, LLC $3,300.63 222 TRACT N0.6008 "PHASE 2"; LOT 37 CAMPUS PARK, LLC $3,300.63 223 TRACT N0.6008 "PHASE 2"; LOT 38 CAMPUS PARK, LLC $3,300.63 224 TRACT N0.6008 "PHASE 2"; LOT 39 CAMPUS PARK, LLC $3,300.63 225 TRACT N0.6008 "PHASE 2"; LOT 40 CAMPUS PARK, LLC $3,300.63 226 TRACT N0.6008 "PHASE 2"; LOT 41 CAMPUS PARK, LLC $3,300.63 227 TRACT N0.6008 "PHASE 2"; LOT 42 CAMPUS PARK, LLC $3,300.63 228 TRACT N0.6008 "PHASE 2"; LOT 43 CAMPUS PARK, LLC $3,300.63 229 TRACT N0.6008 "PHASE 2"; LOT 44 CAMPUS PARK, LLC $3,300.63 230 TRACT N0.6005 "PHASE 2"; LOT 45 CAMPUS PARK, LLC $3,300.63 231 TRACT N0.6008 "PHASE 2"; LOT 46 CAMPUS PARK, LLC $3,300.63 232 TRACT N0.6008 "PHASE 2"; LOT 47 CAMPUS PARK, LLC $3,300.63 233 TRACT N0.6008 "PHASE 2"; LOT 48 CAMPUS PARK, LLC $3,300.63 234 TRACT N0.6008 "PHASE 2"; LOT 49 CAMPUS PARK, LLC $3,300.63 235 TRACT N0.6008 "PHASE 2"; LOT 50 CAMPUS PARK, LLC $3,300.63 236 TRACT N0.6008 "PHASE 2"; LOT 51 CAMPUS PARK, LLC $3,300.63 237 TRACT N0.6008 "PHASE 2"; LOT 52 CAMPUS PARK, LLC $3,300.63 238 TRACT N0.6008 "PHASE 2"; LOT 53 CAMPUS PARK, LLC $3,300.63 239 TRACT N0.6008 "PHASE 2"; LOT 54 CAMPUS PARK, LLC $3,300.63 240 TRACT N0.6008 "PHASE 2"; LOT 55 CAMPUS PARK, LLC $3,300.63 TOTAL AMOUNT APPORTIONED: $181,534.46 NOTE: FOR A DETAILED DESCRIPTION OF THE LINES, DIMENSIONS AND LOCATIONS OF ASSESSMENTS 186 THROUGH 240 REFERENCE A SUBDIVISION MAP FOR TRACT N0.6008 "PHASE 2" RECORDED , 2001, IN BOOK 47 OF MAPS, AT PAGES AND , IN THE OFFICE OF THE KERN COUNTY RECORDER. PREPARED BY: WILSON & ASSOCIATES APPROVED: s,.,.;.~~--- fF~~~~,'~J 1. j~~s~ a'~y41 ~ Y~ ~ c~ ~, ~ EDWARD J. WILSON R.C.E. 23269 (EXPIRES 1 ~ 1) N0. ~32~0 E~P.1 ~/3 ~/01 ~ DATE: ~ ~ 2' y ~ ~~ ~~,~IVIL ~~~~ ~~r~ 29517EXA A-2 ~., °~~ ~u,~ ~~~~~ A/, 09/21/2001 .~, _ ~~ ..r _.., EXHIBIT B DESCRIPTION OF EXISTING ASSESSMENT AND NEW PARCELS TO WHICH THE EXISTING ASSESSMENT IS TO BE APPORTIONED BY ASSESSMENT AND DIAGRAM AMENDMENT N0. 1 CITY OF BAKERSFIELD ASSESSMENT DISTRICT N0.01-1 (MING AT ALLEN /MOUNTAIN VISTA DRNE /HAMPTON PLACE) AMENDING EXISTING ASSESSMENT 127 AND ADDING AMENDED ASSESSMENTS 186 THROUGH 240 CREATED BY RECORDATION OF TRACT N0.6008 "PHASE 2" EXISTING PARCEL 2001/2002 ASSESSMENT NUMBER ASSESSMENT A,T,N. FOR EXISTING PRINCIPAL TO BE HOW EXISTING PARCEL OF NEW NUMBER ASSESSMENT APPORTIONED HAS BEEN SUBDNIDED LOTSIPARCELS 127 Lot 69 in $181,534.46 Tract No. 6008 "Phase 2" (TR 6008-2) subdivides Tract No. 6008 Existing Assessment 127 into 55 single-family "Phase 1" residential lots. The total original assessment principal amount for Existing Assessment 127 is apportioned to the 55 residential lots in TR 6008-2. Existing Assessment 127 is deleted from the Assessment Roll for Assessment District No. 01-1. Tract No. 6008 "Phase 2" a. 55 residential lots (Amended Assessments 186 through 240) 55 Total New Assessed LotslParcels 55 Total New Non-assessed lots/parcels 0 Total New Assessment Numbers 55 Total Exist. Ascot. Nos. deleted from Roll -1 Net Change Active Assessments on Roll 54 Total Amount to Be Apportioned to New Assessments: $181,534.46 1. Original assessment balance apportioned is the balance at the beginning of the 2001/2002 tax year. 29517E~B 1 9121101 EXHIBIT C DESCRIPTION OF THE PROCEDURE USED TO APPORTION A SHARE OF TIC UNPAID ASSESSMENT PRINCIPAL FOR EXISTING ASSESSMENT 127 TO AMENDED ASSESSMENTS 186 THROUGH 240 CREATED BY RECORDATION OF TRACT N0.6008 "PHASE 2" CITY OF BAKERSFIELD ASSESSMENT DISTRICT NO. 01-1 (MING AT ALLEN /MOUNTAIN VISTA DRIVE /HAMPTON PLACE) ASSESSMENT AND DIAGRAM AMENDMENT NO. 1 1. DESCRIPTION OF EXISTING ASSESSMENT 127: A. Existing Assessment 127 (hereafter "Assessment 127") is located in the City of Bakersfield. It was created by Original Assessment and Diagram for Assessment District No. O l -1("AD 01-1 "). Assessment 127 is identified as Lot 69 in Tract No. 6008 "Phase 1" ("TR 6008-1 "). Tract No. 6008 "Phase 2" ("T'R 6008-2") subdivides Assessment 127 creating 55 single-family residential ("R-1") lots. The 55 residential lots (Lots 1 through 55 in TR 6008-2) are assigned Ame11ded Assessment Numbers ("Amended Assessments"} 186 through 240, respectively. B. Assessment 127 is located in the Mountain Vista Drive Area of AD 01-1 (hereafter "Mountain Vista Drive") . Mountai~l Vista Drive is one of three communty areas within AD 01-1. AD 01-1 funded the cost to acquire certain improvements that are required, or are expected to be required, to be constructed as conditions of final map or site plan approvals within the three AD 01-1 community areas . All of the Molu~tain Vista Drive improvement acquisition costs funded by AD 01-1 were allocated only to the Mountain Vista Drive lots and parcels. The AD Ol-1 Engineer's Report, approved June 13, 2001, describes the method of allocating the AD 01-1 costs to each assessed parcel. The AD Ol-1 Assessment Spread Method described in Exhibit D of the Engineer's Report is in conformance with Bake~sfiehl Municipal Cone Section 13.08.070-Benefit Spread. Please seethe AD Ol-1 Engineer's Report fox a detailed description of the AD 01-1 Assessment Spread Method. C. The total original assessment principal amount, as reduced for the lower tha11 anticipated bond issuance costs, for Assessment 127 is $181,534.46. The remaining assessment principal for Assessment 127 (at the beghuling of the 2001/2002 Tax Year) is same as the original assessment amount; $181,534.46. The total original assessment amount and its remaining principal balance for Assessment 127 are segregated aild apportioned to the lots created by the above-referenced TR 6008-2, as described below. 2. DESCRIPTION OF THE PROCEDURE USED TO SEGREGATEAND APPORTION THE ORIGINAL ASSESSMENT AMOUNT AND ITS REMAINING PRINCIPAL BALANCE FROM ASSESSMENT 127 TO AMENDED ASSESSMENTS 186 THROUGH 240; A. As described in the final AD Ol-1 Engineer's Report, Assessment 127 was planned for subdivision into 55 R-I lots pursuantto Vesting Tentative TractNo. 6008 ("Ten TR 6008"). As requested byAssessment 127 property owner (Campus Park, LLC), and as approved by the City of Bakersfield Public 'Works Department, and in accordance with the Assessment Apportionment Method described on page D-16 of AD 01-1 Engineer's Report Exhibit D, Description of Assessment Spread Method, the original Assessment 127 principal amount is apportioned to t11e 55 R 1 lots in TR 6008-2 as an equal assessment per lot. The Exhibit D Assessment Apportionment Method is sununarized below for reference: 29517EXC 1 9124/01 1. When a parcel is subdivided into a tract phase and a remainder, the total original assessment principal amolult will be apportioned to the tract phase and to the remainder parcel in direct proportion to their total acreage. 2. The amount so allocated to the new subdivision will be reallocated among the subdivision lots as an equal share per lot, excluding landscape and well site lots, parks, or drainage sump lots within the new tract. 3. Specifically, for the Mountain Vista Drive Area, Exhibit D states: "...the next tract phase recorded... will be allocated a total assessment share equal to the number of R-1 lots in the phase multiplied by the calculated equal per R-1 lot cost share factor for the Mountain Vista Drive Area. The remaining balance will be apportioned to the unsubdivided remainder for apportiolunents to future subdivision phases in accordance with the process described above..." 4. The remaining principal balance of the original assessment at the time the apportionment is made will then be allocated to each lot and remainder parcel created by the subdivision, in direct proportion to the share of the original assessment principal amount allocated to each new lot as described above. B. As described above, there is a total of 55 R-1 lots in the portion of Ten TR 6008 covering Assessment 127. Based on the above-described Assessment Apportionment Method and the finding that all residential Lots In this tract will receive the same level of b enefit from the AD 01-1 improvements, and therefore, be assessed the same amount, the new lots created pursuant to the recordation of TR 6008-2 are allocated their share of the AD 01-1 assessment amount as follows: Each of the 55 R-1 lots in TR 6008-2 is allocated 1155 share of the original assessment amount allocated to Assessment 127. There are no remainder parcels created from Assessment 127 since this is the last phase of Tract No. 6008. D. At the time this- apportionment was prepared, the original assessment principal amount for Assessment 127 had not been reduced by partial cash payments or any assessment debt service installments for the 2001/2002 tax year. Therefore, the unpaid principal amount for Assessment 127 is the assessment total for the parcel as based on the above-described original principal amount. Accordingly, each parcel's total amended assessment amount shovcnl on Exhibit A, Amended Assessment Roll attached to the Engineer's Report for this AD Ol-1 Assessment and Diagram Amendment No. 1 is the new parcel's original assessment share, and is the alnolu~t that shol~ld be used to calculate the Bond Reserve credit the new parcel would receive if the parcel owner elects to prepay the total remaining balance for Amended Assessments 186 through 240. For more detailed information on the Assessment Spread Method used to calculate the Assessment 127 original assessment amount, reference is made to the AD 01-1 Engineer's Report on file ii1 the office of the Public Works Director for the City of Bakersfield. BY: ~a«iry~ :~~,~. 11 i'N'~ y.3F4 k+3~~'L`.G PREPARED ., ..~, a:`y~`~'~. ~~, ~ WILSON & ASSOCIATES f ~~~~r ~~Q. ~~~~~ ~rr ~~ • t ,, ' °iJ io+1. ~' ~ N~. 2329 ~ EDWARD J. WILSON, R. C. E. 23269 (EXPI' 1 - '1- ~!~ ;~ AS SES SMENT ENGINEER, ASSESSMENT 1~~ C'~~0. 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V ,~~. p ~ a: 4~~ y~~0~ ~~r `~~iS193N, ~ W ~, o p o o ~ a~ 0 01-1 9/24/01 NOTICE TO BONDHOLDER DIVISION OF LAND AND ASSESSMENT ASSESSMENT AND DIAGRAM AMENDMENT N0. 1 CITY OF BAKERSFIELD ASSESSMENT DISTRICT N0. 01-1 AMENDING EXISTING ASSESSMENT 127 TO ADD NEW ASSESSMENTS 186 THROUGH 240 NOTICE IS HEREBY GIVEN to you as the original purchaser of the bonds issued by the CITY OF BAKERSFIELD, to represent the unpaid assessments relating to the acquisition and construction of certain public improvements in an assessment district known and designated as ASSESSMENT DISTRICT NO. 01-1. Said bonds were issued pursuant to the terms and provisions of the "Improvement Bond Act of 1915," being Division 10 of the Streets and Highways Code of~the State of California. NOTICE IS HEREBY GIVEN that an apportionment has been requested by the property owners}.and prepared by the Superintendent of Streets of the unpaid assessments relating to the assessments and parcels as shown on EXHIBIT A, "AMENDED ASSESSMENT ROLL" for said district attached hereto and incorporated herein by reference. NOTICE IS HEREBY GIVEN that unless a request for a public hearing is received from you within fourteen (14} days from the date of mailing of this Notice, the above-referenced amended assessment shall be recorded in the manner and form as required by law. If a request for hearing is received, a report shall be filed and a hearing shall be scheduled, noticed and held in accordance with Part 10 (commencing with Section 8730} of said Division 10. If you have any further questions, please contact the undersigned at the following address: Raul M. Rojas Public works Director CITY OF BAKERSFIELD 1501 Truxtun Avenue Bakersfield, California 93301 (661) 326-3724 This procedure is pursuant to the provisions of Part 10.5 of Division 10 of the Streets and Highways Code of the State of California, the "Improvement Bond Act of 1915." DATED: ~y ~d~ Super ntende t o~ .eets City of Bakersfield State of California i ;~ i i i i i i 1 EXHIBIT A AMENDED ASSESSMENT ROLL CITY OF BAKERSFIELD ASSESSMENT DISTRICT N0.01-1 (MING AT ALLEN 1 MOUNTAIN VISTA DRIVE /HAMPTON PLACE) COUNTY OF KERN, STATE OF CALIFORNIA AMENDING EXISTING ASSESSMENT 127 AND ADDING NEW ASSESSMENTS 186 THROUGH 240 CREATED BY RECORDATION OF TRACT N0.6008 "PHASE 2" ASSESSMENT AND DIAGRAM AMENDMENT N0.1 AMENDED PARCEL TOTAL AMENDED DESCRIPTION / AMENDED AMENDED ASSESSMENT ASSESSOR'S TAX PROPERTY ASSESSMENT NUMBERS NUMBER (ATN) OWNER NAME/ADDRESS AMOUNT TRACT N0. 6008 "PHASE 2" (TR 6008-2) SUBDIVIDES EXISTING ASSESSMENT 127 (CREATED BY ORIGINAL ASSESSMENT AND DIAGRAM FOR AD 01-1), CREATING 55 SINGLE-FAMILY RESIDENTIAL LOTS. THE 55 LOTS (LOTS 1 THROUGH 55 IN TR 6008-2) ARE AMENDED ASSESSMENTS 186 THROUGH 240, RESPECTIVELY. THE TOTAL ORIGINAL ASSESSMENT PRINCIPAL FOR EXISTING ASSESSMENT 127 IS APPORTIONED TO THE 55 LOTS CREATED BY TR 6008-2. THE TOTAL ORIGINAL AND UNPAID ASSESSMENT PRINCIPAL AMOUNT FOR EXISTING ASSESSMENT 127 (AT THE BEGINNING OF THE 2001/2002 TAX YEAR) IS $181,534.46. THE TOTAL AMOUNT APPORTIONED TO EACH NEW LOT 1S SHOWN UNDER THE COLUMN ENTITLED "TOTAL AMENDED ASSESSMENT AMOUNT." EXISTING ASSESSMENT 127 IS DELETED FROM THE ASSESSMENT ROLL FOR ASSESSMENT DISTRICT N0.01-1. 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 TRACT N0.6008 "PHASE 2"; LOT TRACT N0.6008 "PHASE 2"; LOT TRACT N0.6008 "PHASE 2"; LOT TRACT N0.6008 "PHASE 2"; LOT TRACT N0.6008 "PHASE 2"; LOT TRACT N0.6008 "PHASE 2"; LOT TRACT N0.6008 "PHASE 2"; LOT TRACT N0.6008 "PHASE 2"; LOT TRACT N0.6008 "PHASE 2"; LOT TRACT N0.6008 "PHASE 2"; LOT TRACT N0.6008 "PHASE 2"; LOT TRACT N0.6008 "PHASE. 2"; LOT TRACT N0.6008 "PHASE 2"; LOT TRACT N0.6008 "PHASE 2"; LOT TRACT N0.6008 "PHASE 2"; LOT TRACT N0.6008 "PHASE 2"; LOT TRACT N0.6008 "PHASE 2"; LOT TRACT N0.6008 "PHASE 2"; LOT TRACT N0.6008 "PHASE 2"; LOT TRACT N0.6008 "PHASE 2"; LOT TRACT N0.6008 "PHASE 2"; LOT TRACT N0.6008 "PHASE 2"; LOT TRACT N0.6008 "PHASE 2"; LOT TRACT N0.6008 "PHASE 2"; LOT TRACT N0.6008 "PHASE 2"; LOT TRACT N0.6008 "PHASE 2"; LOT TRACT N0.6008 "PHASE 2"; LOT TRACT N0.6008 "PHASE 2"; LOT TRACT N0.6008 "PHASE 2"; LOT TRACT N0.6008 "PHASE 2"; LOT TRACT N0.6008 "PHASE 2"; LOT 1 CAMPUS PARK, LLC 2 -CAMPUS PARK, LLC 3 CAMPUS PARK, LLC 4 CAMPUS PARK, LLC 5 CAMPUS PARK, LLC 6 CAMPUS PARK, LLC 7 CAMPUS PARK, LLC 8 CAMPUS PARK, LLC 9 CAMPUS PARK, LLC 10 CAMPUS PARK, LLC 11 CAMPUS PARK, LLC 12 CAMPUS PARK, LLC 13 CAMPUS PARK, LLC 14 CAMPUS PARK, LLC 15 CAMPUS PARK, LLC 16 CAMPUS PARK, LLC 17 CAMPUS PARK, LLC 18 CAMPUS PARK, LLC 19 CAMPUS PARK, LLC 20 CAMPUS PARK, LLC 21 CAMPUS PARK, LLC 22 CAMPUS PARK, LLC 23 CAMPUS PARK, LLC 24 CAMPUS PARK, LLC 25 CAMPUS PARK, LLC 26 CAMPUS PARK, LLC 27 CAMPUS PARK, LLC 28 CAMPUS PARK, LLC 29 CAMPUS PARK, LLC 30 CAMPUS PARK, LLC 31 CAMPUS PARK, LLC $3,300.44 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300,63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 29517EXA A-1 0912112001 EXHIBIT A AMENDED ASSESSMENT ROLL CITY OF BAKERSFIELD ASSESSMENT DISTRICT N0.01-1 (MING AT ALLEN l MOUNTAIN VISTA DRIVE /HAMPTON PLACE) COUNTY OF KERN, STATE OF CALIFORNIA AMENDING EXISTING ASSESSMENT 127 AND ADDING NEW ASSESSMENTS 186 THROUGH 240 CREATED BY RECORDATION OF TRACT N0.6008 "PHASE 2" ASSESSMENT AND DIAGRAM AMENDMENT N0.1 AMENDED PARCEL TOTAL AMENDED DESCRIPTION./ AMENDED AMENDED ASSESSMENT ASSESSOR'S TAX PROPERTY ASSESSMENT NUMBERS NUMBER (ATN) OWNER NAME/ADDRESS AMOUNT 217 TRACT N0.6008 "PHASE 2"; LOT 32 CAMPUS PARK, LLC $3,300.63 218 TRACT N0.6008 "PHASE 2"; LOT 33 CAMPUS PARK, LLC $3,300.63 219 TRACT N0.6008 "PHASE 2"; LOT 34 CAMPUS PARK, LLC $3,300.63 220 TRACT N0.6008 "PHASE 2"; LOT 35 CAMPUS PARK, LLC $3,300.63 221 TRACT N0.6008 "PHASE 2"; LOT 36 CAMPUS PARK, LLC $3,300.63 222 TRACT N0.6008 "PHASE 2"; LOT 37 CAMPUS PARK, LLC $3,300.63 223 TRACT N0.6008 "PHASE Z"; LOT 38 CAMPUS PARK, LLC $3,300.63 224 TRACT N0.6008 "PHASE 2"; LOT 39 CAMPUS PARK, LLC $3,300.63 225 TRACT N0.6008 "PHASE 2"; LOT 40 CAMPUS PARK, LLC $3,300.63 226 TRACT N0.6008 "PHASE 2"; LOT 41 CAMPUS PARK, LLC $3,300.63 227 TRACT N0.6008 "PHASE 2"; LOT 42 CAMPUS PARK, LLC $3,300.63 228 TRACT N0.6008 "PHASE 2"; LOT 43 CAMPUS PARK, LLG $3,300.63 229 TRACT N0.6008 "PHASE 2"; LOT 44 CAMPUS PARK, LLC $3,300.63 230 TRACT N0.6008 "PHASE 2"; LOT 45 CAMPUS PARK, LLC $3,300..63 231 TRACT N0.6008 "PHASE 2"; LOT 46 CAMPUS PARK, LLC $3,300.63 232 TRACT N0.6008 "PHASE 2"; LOT 47 CAMPUS PARK, LLC $3,300.63 233 TRACT N0.6008 "PHASE 2"; LOT 48 CAMPUS PARK, LLG $3,300.63 234 TRACT N0.6008 "PHASE 2"; LOT 49 CAMPUS PARK, LLC $3,300.63 235 TRACT N0.6008 "PHASE 2"; LOT 50 CAMPUS PARK, LLC $3,300.63 236 TRACT N0.6008 "PHASE 2"; LOT 51 CAMPUS PARK, LLC $3,300.63 237 TRACT N0.6008 "PHASE 2"; LOT 52 CAMPUS PARK, LLC $3,300.63 238 TRACT N0.6008 "PHASE 2"; LOT 53 CAMPUS PARK, LLC $3,300.63 239 TRACT N0.6008 "PHASE 2"; LOT 54 CAMPUS PARK, LLC $3,300.63 240 TRACT N0.6008 "PHASE 2"; LOT 55 CAMPUS PARK, LLC $3,300.63 TOTAL AMOUNT APPORTIONED: $181,534.46 NOTE: FOR A DETAILED DESCRIPTION OF THE LINES, DIMENSIONS AND LOCATIONS OF ASSESSMENTS 186 THROUGH 240 REFERENCE A SUBDIVISION MAP FOR TRACT N0.6008 "PHASE 2" RECORDED , 2001, IN BOOK 47 OF MAPS, AT PAGES AND , IN THE OFFICE OF THE KERN COUNTY RECORDER. PREPARED BY: WILSON & ASSOCIATES APPROVED: 29517EXA ,~ ~ ~9,ry r~,,.,~ EDWARD J. WILSON R.C.E. 23269 (EXPIRES 1 ~~ ~ ~ 1} N0.232~~ ` ~ ~~P. I2~3~/Ol ~ ~~ `~~ CEVI~. ,,~~y'~~` A-2 ~~ ~~ " n ~.- ~ ~f, DATE: ~ t Zy I ~\ 09/21/2001 (Sutro & Co., Inc. Letterhead) Date Raul M. Rojas, Director Public Works Department City of Bakersfield 1501 Truxtun Avenue Bakersfield, California 93301 Re: Assessment and Diagram Amendment No. 1 City of Bakersfield Assessment District No. 01-1, Segregating and Apportioning Existing Assessment 127 to New Assessments 186 Through 240 Dear Mr . Rojas I herewith acknowledge that Sutro & Co., Inc. has received the Notice to Bondholder form for the referenced Assessment and Diagram Amendment No. 1 for Assessment District No. 01-1. Please be advised that Sutro & Co., Inc. accepts the amended assessments shown on Engineer's Report Exhibit A attached to the Notice to Bondholder and a public hearing on those assessment amendments will not be requested within the fourteen day notice period as provided by law. Very truly yours, Sutro & Company, Inc. By• Date: Robert L. Williams Jr. Vice-President ~,, MUNICIPAL BOND FlNANGING Ed WIISOn FOR LAND DEVELOPMENT AND COMMUNITY FACILITIES CIVIL, ENGINEER PROJECTS Wilson & Asso~eiates CE 23269 FRANCES SQUIRE 4221 WEST SIERRA MADRE, SUITE 201 COMMUNITY RELATIONS SPECIALIST FRESNO, CAh1FORNlA 93722 (559) 275-5445 CERTIFIED MAIL - RETURN RECEIPT REQUESTED September 24, 2001 29517 Sutro & Co. 201 California Street San Francisco, CA 94111-5096 Attn:. Robert L. Williams, Jr., Vice President Public Finance RE: Assessment Apportionment No. 1 for City of Bakersfield Assessment District No. 01-1 Segregating and Apportioning Existing Assessment 127 Pursuant to the Subdivision of the Property by TRACT N0. 6008 "PHASE 2" Creating New Assessments 186 through 240. Gentlemen: Transmitted herewith is a "Notice to Bondholder" form giving your firm notice that assessment apportionments have been requested by district property owners. The Amended Assessment Roll and Amended .Assessment Diagram for this apportionment have been prepared by the Superintendent of Streets for the City of Bakersfield. A copy of the Amended Assessment Roll is attached as Exhibit A to the Notice t0 Bondholder. A copy of the Engineer's Report on this Apportionment No. 1 is also enclosed providing a description of how the referenced asessment has been subdivided. A reduced, not to scale copy of the Amended Assessment Diagram for Apportionment No. 1 is attached to the Engineer's Report. We would like to record this apportionment as soon as possible. Accordingly, a draft letter is enclosed for your review that waives Sutro's 14-day period to request a hearing on this assessment apportionment. If this apportionment is acceptable, would you please place the enclosed letter on Sutro & Co., Inc. letterhead, and send the signed letter to John Stinson at Bakersfield Public Works for processing. If you have any questions on the enclosed assessment apportionment information, please call me. Very truly yours, Ed Wilson Wilson & Associates Enclosures cc: Samuel Sperry John Stinson T0: SUPERINTENDENT OF STREETS CITY OF BAKERSFIELD RE: AS SES SMENT DISTRICT N0.01-1, AS SES SMENT AND DIAGRAM AMENDMENT N0. 1. APPLICATION FOR SEGREGATION AND APPORTIONMENT OF EXISTING ASSESSMENTS PURSUANT TO PART 10.5 OF DIVISION 10, STREETS AND HIGHWAYS CODE OF THE STATE OF CALIFORNIA, THE IIVIl'ROVEMENT BONS ACT OF 1915 . Requisites of Application: I. REQUESTFORAPPORTIONMENT OFEXISTINGASSESSMENT 127, ~ijI~RE SAID PARCEL HAS BEEN SUBDIVIDED BY TRACT N0.6008 "PHASE 2." II. ACCEPTANCE OF ASSESSMENT APPORTIO~NT PROCEDURE, WAIVER OF NOTICE AND HEARING THEREON, AND REQUEST TO RECORD AMENDED ASSESSMENTS. Application: I. REQUEST FOR APPORTIONMENT OF THE UNPAID ASSESSMENT PRINCIl'AL AMOUNT FROM EXISTING AS SES SMENT 127 IN THE CITY OF BAKERSFIELD WHERE SAID PARCEL HAS BEEN SUBDIVIDED BY TRACT N0.6008 "PHASE 2." The undersigned is the owner and subdivider of existing Assessment 127 ("Assessment 127"} which was subdivided by Tract No. 6008 "Phase 2" ("TR 6008-2"), creating 55 single- familyresidential lots, and is the owner of all lots created by said TR 6008-2. A description of said existing assessment, the total amount of the original assessment principal balance at the beginning of the 2001/2002 tax year, and a description of how said parcel has been subdivided are included in Engineer's Report Exhibit B, Description of Existing Assessments in City of Bakersfield Assessment District No. 01-1 (hereinafter "AD 01-1 "), attached hereto and incorporated herein by reference. As the original owner and subdivider of the referenced existing assessment and the owner of the aforesaid lots created by TR 6008-2, the undersigned hereby request the Superintendent of Streets for the City of Bakersfield to apportion the amount remainin g unpaid on Assessment 127 in accordance with the provisions of the Improvement Bond Act of 1915. The unpaid principal amount for said existing assessment as shown on Exhibit B, has been apportioned to each separate part of the original parcel of land comprising the existing assessment in the amounts as shown on Exhibit A, Amended Assessment Roll attached hereto and incorporated herein by reference. 29517COL.APP -1- 9/21!01 II. ACCEPTANCE OF AS SES SMENT APPORTIONMENT PROCEDURE AND REQUEST TO RECORD AMENDED ASSESSMENTS. I have reviewed Exhibit C (Description of Assessment Apportionment Procedure) included in the attached Engineer's Report, describing the procedure used to apportion shares of the unpaid assessment principal amount for Assessment 127 in AD 01-1 to the lots created b Y the recordation of said TR 6008-2. Pursuant to a review of Exhibit C, the undersigned has determined that the amended assessment amounts shown on said Exhibit A have been apportioned in accordance with the benefits the parcels will receive from the im rovements p financed by AD 01-1, based on current parcel zoning and with proposed uses. Therefore, the undersigned waives notice and hearing before the City Council on this assessment apportionment, accepts the procedure used for the requested apportionment of the principal balance for said existing assessment, and requests and consents to the recordation of the apportioned assessments on the properties for which the undersigned is listed as owner on the accompanying Exhibit A, and to the amended assessment amounts shown thereon. Submitted by, CANIl' , L~ C er of all lots created by Tract No. 6008 "Phase 2." By: Dated: l~ Z~ , 2001. Attachment: Engineer's Report on Assessment Apportionment No. 1 29~17COL.APP -~- 9121!01 29517RPT 9/24/01 ENGINEER'S REPORT RE: SEGREGATION AND APPORTIONMENT OF ASSESSMENTS FOR ASSESSMENT AND DIAGRAM AMENDMENT N0. 1 CITY OF BAKERSFIELD ASSESSMENT DISTRICT N0. 01-1 AMENDING EXISTING ASSESSMENT 127 TO CREATE NEW ASSESSMENTS 186 THROUGH 240 PURSUANT TO RECORDATION OF TRACT N0. 6008 "PHASE 2" 1. An application has been filed with the Superintendent of Streets of the City of Bakersfield requesting a segregation and apportionment of an existing assessment within Assessment District No. 01-1, pursuant to the division of the parcel. 2. In accordance with said application, the undersigned hereby apportions to each separate part of the original parcel of land, the proportionate part of its respective unpaid assessment that would have been levied thereon if the parcel had been so divided at the time the original assessment was made. The undersigned has assigned a new assessment number to each new parcel, as shown on the Amended Assessment Diagram attached hereto. 3. The existing assessment number, new assessment numbers and apportioned assessment amounts (based in each case on the unpaid principal amount of assessment at the beginning of the 2001/2002 Tax Year), are as shown on Exhibit A "Amended Assessment Roll" attached hereto and incorporated herein by reference. A description of the referenced existing assessment and of how it has been subdivided is included in Exhibit B, attached hereto. A description of the procedure used to apportion the unpaid principal for the referenced existing assessment to the new assessments is included in Exhibit C, attached hereto. Existing assessment 127 is deleted from the roll for Assessment District No. 01-1. DATED : JF~~~'~ ~~~ ~~S~l P ~~~ ~~ J. ~~, ~~, ~~, ~P ~~o ~~ ~ w N0.2326~ ~ ~ ~XP.1 ~/31101 WILSON & ASSOCIATES Assessment Apportionment Engineer B ~- ~.~~ Y Edward J. Wilson, R.C.E. 23269, Expires 12-31-01 `~~,~ ClVI~. ~~~ MbA; ~ ~j ,,,, <b EXHIBIT A AMENDED ASSESSMENT ROLL CITY OF BAKERSFIELD ASSESSMENT DISTRICT N0.01-1 (MING AT ALLEN /MOUNTAIN VISTA DRIVE /HAMPTON PLACE} COUNTY OF KERN, STATE OF CALIFORNIA AMENDING EXISTING ASSESSMENT 127 AND ADDING NEW ASSESSMENTS 186 THROUGH 240 CREATED BY RECORDATION OF TRACT N0.6008 "PHASE 2" ASSESSMENT AND DIAGRAM AMENDMENT N0.1 AMENDED PARCEL TOTAL AMENDED DESCRIPTION/ AMENDED AMENDED ASSESSMENT ASSESSOR'S TAX PROPERTY ASSESSMENT NUMBERS NUMBER (ATN) OWNER NAME/ADDRESS AMOUNT TRACT N0. 6008 "PHASE 2" (TR 6008-2} SUBDIVIDES EXISTING ASSESSMENT 127 (CREATED BY ORIGINAL.. ASSESSMENT AND DIAGRAM FOR AD 01-1}, CREATING 55 SINGLE-FAMILY RESIDENTIAL LOTS. THE 55 LOTS (LOTS 1 THROUGH 55 IN TR 6008-2) ARE AMENDED ASSESSMENTS 186 THROUGH 240, RESPECTIVELY. THE TOTAL ORIGINALASSESSMENTPBINCIPAL FOR EXISTING ASSESSMENT 127 IS APPORTIONED TO THE 55 LOTS CREATED BY TR 6008-2. THE TOTAL ORIGINAL AND UNPAID ASSESSMENT PRINCIPAL AMOUNT FOR EXISTING ASSESSMENT 127 (AT THE BEGINNING OF THE 2001/2002 TAX YEAR} IS $181,534.46. THE TOTAL AMOUNT APPORTIONED TO EACH NEW LOT lS SHOWN UNDER THE COLUMN ENTITLED "TOTAL AMENDED ASSESSMENT AMOUNT." EXISTING ASSESSMENT 127 IS DELETED FROM THE ASSESSMENT ROLL FOR ASSESSMENT DISTRICT N0.01-1. 186 TRACT N0.6008 "PHASE 2"; LOT 1 187 TRACT N0.6008 "PHASE 2"; LOT 2 188 TRACT N0.6008 "PHASE 2"; LOT 3 189 TRACT N0.6008 "PHASE 2"; LOT 4 190 TRACT N0.6008 "PHASE 2"; LOT 5 191 TRACT N0.6008 "PHASE 2"; LOT 6 192 TRACT N0.6008 "PHASE 2"; LOT 7 193 TRACT N0.6008 "PHASE 2"; LOT 8 194 TRACT N0.6008 "PHASE 2"; LOT 9 195 TRACT N0.6008 "PHASE 2"; LOT 10 196 TRACT N0.6008 "PHASE 2"; LOT 11 197 TRACT N0.6008 "PHASE 2"; LOT 12 198 TRACT N0.6008 "PHASE 2"; LOT 13 199 TRACT N0.6008 "PHASE 2"; LOT 14 200 TRACT N0.6008 "PHASE 2"; LOT 15 201 TRACT N0.6008 "PHASE 2"; LOT 202 TRACT N0.6008 "PHASE 2"; LOT 203 TRACT N0.6408 "PHASE 2"; LOT 204 TRACT N0.6008 "PHASE Z"; LOT 205 TRACT N0.6008 "PHASE 2"; LOT 206 TRACT N0.6008 "PHASE 2"; LOT 207 TRACT N0.6008 "PHASE 2"; LOT 208 TRACT N0.6008 "PHASE 2"; LOT 209 TRACT N0.6008 "PHASE 2"; LOT 210 TRACT N0.6008 "PHASE 2"; LOT 211 TRACT N0.6008 "PHASE 2"; LOT 212 TRACT N0.6008 "PHASE 2"; LOT 213 TRACT N0.6008 "PHASE 2"; LOT 214 TRACT N0.6008 "PHASE 2"; LOT 215 TRACT N0.6008 "PHASE 2"; LOT 216 TRACT N0.6008 "PHASE 2"; LOT 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 CAMPUS PARK, LLC CAMPUS PARK, LLC CAMPUS PARK, LLC CAMPUS PARK, LLC CAMPUS PARK, LLC CAMPUS PARK, LLC CAMPUS PARK, LLC CAMPUS PARK, LLC CAMPUS PARK, LLC CAMPUS PARK, LLC CAMPUS PARK, LLC CAMPUS PARK, LLC CAMPUS PARK, LLC CAMPUS PARK, LLC CAMPUS PARK, LLC CAMPUS PARK, LLC CAMPUS PARK, LLC CAMPUS PARK, LLC CAMPUS PARK, LLC CAMPUS PARK, LLC CAMPUS PARK, LLC CAMPUS PARK, LLC CAMPUS PARK, LLC CAMPUS PARK, LLC CAMPUS PARK, LLC CAMPUS PARK, LLC CAMPUS PARK, LLC CAMPUS PARK, LLC CAMPUS PARK, LLC CAMPUS PARK, LLC CAMPUS PARK, LLC $3,300.44 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300,63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 $3,300.63 29517EXA A-1 09121/2001 EXHIBIT A AMENDED ASSESSMENT ROLL CITY OF BAKERSFIELD ASSESSMENT DISTRICT N0.01-1 (MING AT ALLEN 1 MOUNTAIN VISTA DRIVE 1 HAMPTON PLACE) COUNTY OF KERN, STATE OF CALIFORNIA AMENDING EXISTING ASSESSMENT 127 AND ADDING NEW ASSESSMENTS 186 THROUGH 240 CREATED BY RECORDATION OF TRACT N0.6008 "PHASE 2" ASSESSMENT AND DIAGRAM AMENDMENT N0.1 AMENDED PARCEL TOTAL AMENDED DESCRIPTION./ AMENDED AMENDED ASSESSMENT ASSESSOR'S TAX PROPERTY ASSESSMENT NUMBERS NUMBER (ATN) OWNER NAME/ADDRESS AMOUNT 217 TRACT N0, 6008 "PHASE 2"; LOT 32 CAMPUS PARK, LLC $3,300.63 218 TRACT N0, 6008 "PHASE 2"; LOT 33 CAMPUS PARK, LLC $3,300,63 219 TRACT N0.6008 "PHASE 2"; LOT 34 CAMPUS PARK, LLC $3,300.63 220 TRACT N0.6008 "PHASE 2"; LOT 35 CAMPUS PARK, LLC $3,300.63 221 TRACT N0.6008 "PHASE 2"; LOT 36 CAMPUS PARK, LLC $3,300.63 222 TRACT N0.6008 "PHASE 2"; LOT 37 CAMPUS PARK, LLC $3,300,63 223 TRACT N0.6008 "PHASE 2"; LOT 38 CAMPUS PARK, LLC $3,300.63 224 TRACT N0.6008 "PHASE 2"; LOT 39 CAMPUS PARK, LLC $3,300.63 225 TRACT N0, 6008 "PHASE 2"; LOT 40 CAMPUS PARK, LLC $3,300.63 226 TRACT N0.6008 "PHASE 2"; LOT 41 CAMPUS PARK, LLC $3,300.63 227 TRACT N0.6008 "PHASE 2"; LOT 42 CAMPUS PARK, LLC $3,300.63 228 TRACT N0.6008 "PHASE 2"; LOT 43 CAMPUS PARK, LLC $3,300.63 229 TRACT N0, 6008 "PHASE 2"; LOT 44 CAMPUS PARK, LLC $3,300.63 230 TRACT N0.6008 "PHASE 2"; LOT 45 CAMPUS PARK, LLC $3,300.63 231 TRACT N0.6008 "PHASE 2"; LOT 46 CAMPUS PARK, LLC $3,300.63 232 TRACT NO.6008 "PHASE 2"; LOT 47 CAMPUS PARK, LLC $3,300.63 233 TRACT N0.6008 "PHASE 2"; LOT 48 CAMPUS PARK, LLC $3,300.63 234 TRACT N0.6008 "PHASE 2"; LOT 49 CAMPUS PARK, LLC $3,300.63 235 TRACT N0.6008 "PHASE 2"; LOT 50 CAMPUS PARK, LLC $3,300.63 236 TRACT N0, 6008 "PHASE 2"; LOT 51 CAMPUS PARK, LLC $3,300.63 237 TRACT N0.6008 "PHASE 2"; LOT 52 CAMPUS PARK, LLC $3,300.63 238 TRACT N0.6008 "PHASE 2"; LOT 53 CAMPUS PARK, LLC $3,300.63 239 TRACT N0.6008 "PHASE 2"; LOT 54 CAMPUS PARK, LLC $3,300.63 __ 240 TRACT N0, 6008 "PHASE 2"; LOT 55 _ __ __CAMPUS PARK, LLC $3,300.63 TOTAL AMOUNT APPORTIONED: $181,534.4fi NOTE: FOR A DETAILED DESCRIPTION OF THE LINES, DIMENSIONS AND LOCATIONS OF ASSESSMENTS 186 THROUGH 240 REFERENCE A SUBDIVISION MAP FOR TRACT N0.6008 "PHASE 2" RECORDED , 2001, iN BOOK 47 OF MAPS, AT PAGES AND , IN THE OFFICE OF THE KERN COUNTY RECORDER. PREPARED BY: WILSON & ASSOCIATES APPROVED: s, w:~- ..L V ~~~,U~• L~~~~~~r~ ," ~,. Q. EDWARD J. WILSON R.C.E. 23269 (EXPIRES 1 { ~ 1) N0.23269 E~F,12/31/OI ~ .~. ~+ DATE: ~ ~ Z y / ~~ ~~~~ViL ~ ~~`~ ~~Y~ 29517EXA A-2 ~~~,~..~~ ~~~ ~~~~~ ~~~~ 09/21/2001 ~~ ., .~~ EXHIBIT B DESCRIPTION OF EXISTING ASSESSMENT AND NEW PARCELS TO WHICH THE EXISTING ASSESSMENT IS TO BE APPORTIONED BY ASSESSMENT AND DIAGRAM AMENDMENT N0. 1 CITY OF BAKERSFIELD ASSESSMENT DISTRICT N0.01-1 (MING AT ALLEN I MOUNTAIN VISTA DRNE /HAMPTON PLACE) AMENDING EXISTING ASSESSMENT 127 AND ADDING AMENDED ASSESSMENTS 186 THROUGH 240 CREATED BY RECORDATION OF TRACT N0.6008 "PHASE 2" EXISTING PARCEL 2001/2002 ASSESSMENT ASSESSMENT A.T.N. FOR EXISTING PRINCIPAL TO BE HOW EXISTING PARCEL NUMBER ASSESSMENT APPORTIONED HAS BEEN SUBDNIDED 127 Lot 69 in Tract No. 6008 "Phase 1" NUMBER OF NEW LOTSIPARCELS $181,534.46 Tract No. 6008 "Phase 2" (TR 6008-2) subdivides Existing Assessment 127 into 55 single-family residential lots. The total original assessment principal amount for Existing Assessment 127 is apportioned to the 55 residential lots in TR 6008-2. Existing Assessment 127 is deleted from the Assessment Roll for Assessment District No. 01-1. Tract No. 6008 "Phase 2" a. SS residential lots (Amended Assessments 186 through 240) Total New Assessed LotslParcels Total New Non-assessed lotslparcels Total New Assessment Numbers Total Exist. Asmt. Nos, deleted from Roll Net Change Active Assessments on Roll Total Amount to Be Apportioned to New Assessments: $181,534,46 1, Original assessment balance apportioned is the balance at the beginning of the 2001/2002 tax year. 55 55 0 55 -1 54 29517EAB 1 9/21101 EXHIBIT C DESCRIPTION OF THE PROCEDURE USED TO APPORTION A SHARE OF THE UNPAID ASSESSMENT PRINCIPAL FOR EXISTING ASSESSMENT 127 TO AMENDED ASSESSMENTS 186 THROUGH 240 CREATED BY RECORDATION OF TRACT N0.6008 "PHASE 2" CITY OF BAKERSFIELD ASSESSMENT DISTRICT NO. Ol-1 (M1NG AT ALLEN /MOUNTAIN VISTA DRIVE /HAMPTON PLACE) ASSESSMENT AND DIAGRAM AMENDMENT NO. 1 1. DESCRIPTION OF EXISTING ASSESSMENT 127: A. Existing Assessment 127 (hereafter "Assessment 127") is located in the City of Bakersfield. It was created by Original Assessment and Diagram for Assessment DistrictNo. 01-1("AD 01-1 "). Assessment 127 is identified as Lot 69 i11 Tract No. 6008 "Phase 1" ("TR 6008-1 "). Tract No. 6008 "Phase 2" ("TR 6008-2") subdivides Assessment 127 creating 55 single-family residential ("R-1"} lots. The 55 residential lots (Lots 1 through 55 in TR 6008-2} are assigned Amended Assessment Numbers ("Amended Assessments")186 through 240, respectively. B. Assessment 127 is located in the Mountain Vista Drive Area of AD Ol-1 (hereafter "Mountain Vista Drive") ..Mountain Vista Drive is one of three commuunity areas within AD 01-1. AD 01-1 funded the cost to acquire certain improvements that are required, or are expected to be required, to be constructed as conditions of final map or site plan approvals within the three AD O 1-1 community areas . All of the Mountain Vista Drive improvement acquisition costs funded by AD Ol-1 were allocated only to the Mountain Vista Drive lots and parcels. The AD 01-1 Engineer's Report, approved June 13, 2001, describes the method of allocating the AD 01-1 costs to each assessed parcel. The AD 01-1 Assessment Spread Method described in Exhibit D of the Engineer's Report is in conformance with Bakersfield Municipal Code Section 13.08.070-Benefit Spread. Please see the AD Ol-1 Engineer's Report for a detailed description of the AD Ol-1 Assessment Spread Method. C. The total original assessment principal amount, as reduced for the lower than anticipated bond issuance costs, for Assessment 127 is $181,534.46. The remaining assessment principal for Assessment 127 (at the beginning of the 2001/2002 Tax Year) is same as the original assessment amount: $181,534.46. The total original assessment amount aild its remaining principal balance for Assessment 127 are segregated a11d apportioned to the lots created by the above-referenced TR 6008-2, as described below. 2. DESCRIPTION OF THE PROCEDURE USED TO SEGREGATEANDAPPORTION TI-IE ORIGINAL ASSESSMENT AMOUNT AND ITS REN[A.INING PRINCIPAL BALANCE FROM ASSESSMENT 127 TO AMENDED ASSESSMENTS 186 THROUGH 240: A. As described in the final AD 01-1 Engineer's Report, Assessment 127 was planned for subdivision alto 55 R-1 lots pursuant to Vesting Tentative Tract No. 6008 ("Ten TR 6008"). As requested by Assessment 127 property owner (Campus Park, LLC}, and as approved by the City of Bakersfield Public Works Department, and in accordance with the Assessment Apportionment Method described on page D-16 of AD Ol-1 Engineer's Report Exhibit D, Description of Assessment Spread Method, the original Assessment 127 principal amount is apportioned to the 55 R-11ots in TR 6008-2 as an equal assessment per lot. The Exhibit D Assessment Apportionment Method is summarized below for reference: 29517ExC 1 9124101 1. when a parcel is subdivided into a tract phase and a remainder, the total original assessment prmclpal amount will be apportioned to the tract phase and to the remainder parcel in direct proportion to their total acreage. 2. The amolu~t so allocated to the new subdivision will be reallocated among the subdivision lots: as an equal share per lot, excluding landscape and well site lots, parks, or drainage sump lots within the new tract. 3. Specifically, for the Mountain Vista Drive Area, Exhibit D states: "...the next tract phase recorded... ~vill be allocated a total assessment share equal to the number of R-1 lots in the phase multiplied by the calculated equal per R-1 lot cost share factor for the Mountain Vista Drive .Area. The remaining balance will be apportioned to the unsubdivided remainder for apportionments to fitture subdivision phases in accordance with the process described above..." 4. The remaining principal balance of the original assessment at the time the apportionment is made will then be allocated to each lot and remainder parcel created by the subdivision, in direct proportion to the share of the original assessment principal amount allocated to each new lot as described above. B. As described above, there is a total of 55 R-1 lots in the portion of Ten TR 6008 covering Assessment 127. Based on the above-described Assessment Apportionment Method and the finding that all residential lots In this tract will receive the same level of benefit from the AD 01-1 improvements, and therefore, be assessed the same amount, the new lots created pursuant to the recordation of TR 6008-2 are allocated their share of the AD 01-1 assessment amount as follows: Each of the 55 R-1 lots in TR 6008-2 is allocated 1/55 share of the original assessment amount allocated to Assessment 127. There are no remainder parcels created from Assessment 127 since this is the last phase of Tract No. 6008. D. At the time this apportionment was prepared, the original assessment principal amol~nt for Assessment 127 had not been reduced by partial cash payments or any assessment debt service installments for the 2001/2002 tax year. Therefore, the unpaid principal amount for Assessment 127 is the assessment total for the parcel as based on the above-described original principal amotu~t. Accordingly, each parcel's total amended assessment amount shown on Exhibit A, Amended Assessment Roll attached to the Engineer's Report for tills AD Ol-1 Assessment and Diagram Amendment No. 1 is the new parcel's orxglnal assessment share, and is the amount that should be used to calculate the Bond Reserve credit the new parcel would receive if the parcel owner elects to prepay the total remaining balance for Amended Assessments 186 through 240. For more detailed information on the Assessment Spread Method used to calculate the Assessment 127 original assessment amount, reference is made to the AD Ol-1 Engineer's Report on file in the office of the Public works Director for the City of Bakersfield. PREPARED BY: wILSON & ASSOCIATES EDWARD J. WILSON, R. C. 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