.010 If the City Council, following the public hearing, decides to establish the proposed tourism improvement district, it shall adopt a resolution of formation to that effect. The resolution shall contain all of the following:
.011 A brief description of the proposed activities and improvements, the amount of the proposed assessment, the percentages of assessment revenues to be allocated for improvements and for activities, respectively, and a statement about whether bonds will be issued. The descriptions and statements do not need to be detailed and shall be sufficient if they enable the business owner to generally identify the nature and extent of the improvements and activities and the location and extent of the proposed district.
.012 The time and place where the public hearing was held concerning the establishment of the district.
.013 A determination regarding any protests received at the public hearing.
.014 The description of the boundaries of the district and of each separate benefit zone established within the district.
.015 A statement that a tourism improvement district has been established and the name of the district.
.016 A statement that the businesses in the district established by the resolution of formation shall be subject to any amendments to this chapter.
.017 The description of the method and basis of levying the assessments, with a breakdown by classification of businesses if a classification is used, and/or a set assessment amount to be levied against each business.
.018 A statement that the improvements and activities to be provided in the district will be funded by the levy of the assessments. The revenue from the levy of assessments within a district shall not be used to provide improvements or activities outside the district or for any purpose other than the purposes specified in the resolution of intention, as modified by the City Council at the hearing concerning establishment of the district.
.019 A finding that the businesses to be assessed within the tourism improvement district will be benefited by the improvements and activities funded by the assessments proposed to be levied. Only tourism improvement district businesses that benefit from tourist visits may be assessed.
.020 The time and manner of collecting the assessments.
.021 A copy of the management plan. (Ord. 6174 § 1 (part); July 27, 2010.)