§ 4.48.050. Establishment.

A.

Upon the submission of written petitions, signed and acknowledged by of the property owners in the proposed district who will pay more than 30 percent of the assessments proposed to be levied, the City Council may initiate proceedings to form a district by the adoption of a resolution expressing its intention to form a district.

B.

The petition of property owners required under subdivision A shall include a summary of the Management District Plan. That summary shall include all of the following:

1.

A map showing the boundaries of the proposed district;

2.

Information specifying where the complete Management District Plan can be obtained at no cost;

3.

A list of all affected parcels showing the corresponding amount of the proposed assessments;

4.

A summary of the activities, improvements, and/or services that would be funded by the proposed assessment;

5.

The proposed duration of the proposed district;

6.

The amount of proposed annual assessment increases and any annual cap; and

7.

The proposed first-year budget to pay for proposed activities, improvements, and/or services that will be provided.

(Ord. No. 13322, § 2, 7-21-2015; Ord. 12190 § 5, 1999)