Before undertaking any improvements pursuant to this subchapter, the city shall prepare a comprehensive report setting out:
   (A)   The nature of the improvement;
   (B)   The scope and the extent of the improvement, including the boundaries or other description of the area to be assessed;
   (C)   The preliminary estimated cost of the improvement;
   (D)   The fair basis of assessment proposed;
   (E)   If financing of assessments is provided, the proposed method, including the proposed years to maturity of any bonds to be issued in connection with the improvement; and
   (F)   Such other information as may further explain material aspects of the improvement, assessments, or financing.
(KRS 91A.240)