Upon the written petition, signed by the property owners in the proposed district who will pay more than 30% of the assessments proposed to be levied, the City Council may initiate proceedings to form a district by the adopting of an ordinance expressing its intention to form a district. The amount of assessment attributable to property owned by the same property owner which is in excess of 20% of the amount of all assessments proposed to be levied, shall not be included in determining whether the petition is signed by property owners who will pay more than 30% of the total amount of assessments proposed to be levied. The petition of property owners shall include the Management District Plan.
SECTION HISTORY
Added by Ord. No. 173,167, Eff. 5-15-00.