Before the City Council can establish a LSPM PBID pursuant to this chapter, the City Council shall pass an ordinance declaring its intention to do so. Such ordinance, in addition to all other matters it is herein required to contain, shall briefly describe the proposed improvements, state the period of time, which shall not exceed ten (10) years, for which the proposed improvements are to be made, and contain a description of the district to be benefited thereby and to be assessed to pay the costs and expenses thereof.
The Ordinance of Intention shall further do all of the following:
1. State that a LSPM PBID is proposed to be established pursuant to this chapter and describe the boundaries of the proposed district and the boundaries of each separate benefit zone to be established within the district. The boundaries may be described by reference to the map and description contained in the Preliminary Report of the City Clerk on file in the Office of the City Clerk.
2. State the name of the proposed district.
3. State the type or types of improvements and activities proposed to be funded by the levy of assessments on property owners within the district, including any improvements to be acquired.
4. State the amount of the proposed assessment for the entire district, the duration of the payments, the reason for such assessment and the basis upon which the proposed assessment was calculated.
5. State the date, time and location of a public hearing on the proposed assessment.
6. Include a ballot as described in Section 6.604, above.
7. State, in a conspicuous place, a summary of the procedures applicable to the completion, return and tabulation of the ballots, including a disclosure statement that the existence of a majority protest will result in the assessment not being imposed.
8. State that at the public hearing the testimony of all interested persons for or against the establishment of the district, the boundaries of the district, or the furnishing of specified types of improvements or activities will be heard.
9. Refer to the Preliminary Report of the City Clerk on file in the Office of the City Clerk.
10. State the manner of collection of the assessment.
SECTION HISTORY
Added by Ord. No. 173,167, Eff. 5-15-00.