A. The procedures established herein shall include alternatives to other terms established by State law regarding the length of time a P-BID may be in existence, and the number of property owners required to sign the petition to initiate the establishment of a new P-BID.
B. The election to proceed under this chapter shall be expressed in the resolution of intention to form the district, which shall be referred to as a property-based business improvement district (“P-BID” or “district”).
C. Alternatively, the City Council may elect to incorporate terms contained in the State law for the establishment of the district, and elect to not follow the provisions established herein.
(Ord. No. 2003-003 (part))