At the time of setting a hearing or hearings on the establishment of a maintenance assessment district in the manner required by this chapter, the city clerk shall serve each owner of property within the boundaries of the proposed assessment district with a written notice of proposed assessment. Such notice shall set forth the date, time and place of such hearing or hearings, and shall include all of the following information bearing on the proposed maintenance assessment district and proceedings to establish such assessment district:
A. A map of the assessment district;
B. A description of the type and location of all of the public improvements to be operated and maintained with annual assessment district revenues;
C. The total annual assessment chargeable to the entire district as well as the reasons for such assessment;
D. A statement of the method used to calculate the annual assessment against any lot or parcel of property within the boundaries of the assessment district according to such lot or parcel’s proportional benefit from such public improvements, as well as the annual assessment to be levied against each and every existing or proposed lot or parcel within the boundaries of the assessment district, calculated in accordance with such method of apportionment;
E. A statement of the method of calculating any increase in the amount of the total annual assessment as well as any increase in an annual assessment levied against a particular lot or parcel within the boundaries of the assessment district to account for inflation as hereinafter required by this chapter;
F. A statement that if the actual cost of operating and maintaining such public improvements during any year the assessment district remains in effect is less than the assessment levied for that year, the difference between the actual cost of operating and maintaining the public improvements and the assessment levied for that year shall be credited against the assessments levied during the next succeeding year in the manner hereinafter required by this chapter;
G. The termination date of such assessment district if of limited duration, or a statement that the assessment district will continue from year to year until dissolved by the city council if the assessment district is not one of limited duration; and
H. An explanation of the right of each property owner within the boundaries of the proposed assessment district to cast a ballot in favor of or against such assessment district, a summary of the procedures applicable to the completion and return of ballots, the last day for returning ballots, a description of the manner in which ballots will be weighted and tabulated, and a statement that if, after the ballots are weighted and tabulated in the manner described therein, a majority of the ballots submitted in opposition to the proposed assessment district exceeds the ballots submitted in favor of the proposed assessment district, proceedings on the proposed assessment district will be abandoned.
(Ord. 2129)