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(2) Coordination with Delinquent Property Owners <br />The District will coordinate with and answer questions from delinquent property <br />owners to whom demand letters were mailed. <br />(3) Inform the issuer of Obligations Regarding Special Circumstances <br />The District will keep the issuer of Obligations informed of special circumstances <br />that come to the attention of the District, such as bankruptcies and foreclosures. <br />(4) Preparation of Delinquency Report <br />The District will prepare a delinquency report which identifies all parcels for <br />which demand letters were sent, any payments received, the payment date, and <br />any amounts still delinquent as of January 31. The District will coordinate with <br />the County regarding the procedures related to a tax sale for delinquent Special <br />Assessments. <br />SUPPLEMENTAL SERVICES <br />To the extent that the Board may determine and funds may allow, the District may provide <br />supplemental services designed to increase appreciation for the District, strengthen the <br />cohesiveness of the District, and improve communication among members of the District and <br />public agencies, such as providing access to data and information collected by the District, <br />displaying informational banners in participating political subdivisions, and attending City <br />Council meetings of participating political subdivisions when issues are discussed relevant to the <br />District. <br />BUDGET <br />The portion of the cost of the Services Plan that will be assessed to property owners will not <br />exceed $ per year for the first _ years, $ per year for the next years, and <br />$ per year for the last _ years, subject to increase as the number of Authorized <br />Improvements fmanced with District financing increases. The Board will determine how to <br />allocate funds among the services to be provided. <br />By March 1 st of each year, the Treasurer of the Board, as directed by the Board, will produce or <br />cause to be produced and make available to the members of the District and the Board an annual <br />report describing the services delivered, revenues received, expenditures made, and other <br />information about the activities of the District. <br />By November 1st of each year or as soon thereafter as possible, the Treasurer of the Board, as <br />directed by the Board, will produce or cause to be produced an annual budget for the following <br />calendar year. <br />B-5 <br />3728387v7 <br />