A petition requesting the institution of proceedings to establish a Community Taxing District shall do all of the following:
A. Request the Council to institute proceedings to establish a Community Taxing District pursuant to this Chapter;
B. Describe the boundaries of the territory proposed for inclusion in the District;
C. Generally state the type or types of capital facilities and/or services to be financed by the District;
D. Be signed by not less than ten percent of the registered voters residing within the territory proposed to be included within the District or by owners of not less than ten percent of the area of land proposed to be included within the District.
If the Council finds that the petition is signed by the requisite number of registered voters residing within the territory proposed to be included within the District or by the requisite number of owners of land proposed to be included within the District, that finding shall be final and conclusive.
SECTION HISTORY
Added by Ord. No. 177,051, Eff. 11-20-05.