Neptune Drive Assessment District Preliminary Data

3/25/2020 Update:

Data updated to reflect amortization over 10 years instead of 30 years to reduce interest costs over the life of the assessment.  Click here for a status of the project.

Introduction

In this post, CivicMic shares the preliminary data per parcel, in a table, for the proposed Neptune Drive Assessment District.  The proposed Neptune Drive assessment will fund the construction of a levee (the Neptune Drive Shoreline Flood Protection Project).   The construction of the levee would cause FEMA to re-designate the parcels as no longer being in the flood zone resulting in an update of the Flood Insurance Rate Maps reflecting the parcels off the flood zone and mortgage companies no longer requiring flood insurance.

Important: Formation of the proposed assessment district must be approved by the affected property owners. The City can’t form an assessment district without property owner participation.

If you are new to this topic, please click here to read background information.

The table below contains a summary of the data.  You may also click here to access our previously posted web map where you can browse, zoom in and out to find, click on your property, and view a pop-up with the complete data.

Browse, show selected entries, and use the search box to view desired records on the table below.  For example, you may enter a street number or a street name to find specific records.  Please note, the Site Address below comes from the County Assessor's secured roll and may not be deemed 100% reliable.  The Site Address shown below has not been used to determine parcels subject to or to calculate the preliminary assessment.

Please note the preliminary assessments are based on conservative cost estimates and are not final. However, the preliminary assessment amounts should be considered safe for estimating purposes while the City finalizes costs and the final report is processed by City Council over the next few months.

Suggestion:  Find your property in the table and compare the Preliminary Annual Charge (far right column) to the projected annual flood insurance premium.  As presented by FEMA's representative at the November 13, 2019 community meeting, for those that have obtained flood insurance in the past year, the current flood insurance premium falls under the newly mapped discounted rate that will go up no more than 18 percent each year until it reaches the full rate.  Click here to learn about flood map changes and flood insurance.  You may also contact the National Flood Insurance Program Help Center at (800) 427-4661.

5/22/2020 Update:

The 2nd Survey for the Proposed Neptune Drive Assessment District is now Closed

We want to hear from you! CivicMic and the City of San Leandro are interested in understanding how affected residents feel about the Neptune Drive Shoreline Flood Protection Project.

Neptune Drive Assessment District Preliminary Data