Proceedings for the establishment of a Community Taxing District shall be instituted by the adoption of a resolution of intention to establish the District, which shall do all of the following:
A. State that a Community Taxing District is proposed to be established under the terms of this Chapter and describe the boundaries of the territory proposed for inclusion in the District; which may be accomplished by a reference to a map on file in the office of the City Clerk, showing the proposed Community Taxing District;
B. State the name proposed for the District in substantially the following form: "Community Taxing District No. ___ of the City of Los Angeles";
C. Generally state the type or types of capital facilities and/or services proposed to be financed by the District pursuant to this Chapter. If the purchase of completed facilities or the incurring of incidental expenses is proposed, the resolution may identify those facilities or expenses;
D. State that, except where funds are otherwise available, a special tax sufficient to pay for all facilities and/or services, secured by recordation of a continuing lien against all nonexempt real property in the District, will be levied annually within the area of the District. The resolution shall specify the rate and method of apportionment and manner of collection of the special tax in sufficient detail to allow each landowner or resident within the proposed District to estimate the maximum amount that it will have to pay;
E. Fix a time and place for a public hearing on the establishment of the District, which shall not be less than fifteen days after the boundary map is recorded pursuant to Section 3111 of the California Streets and Highways Code or more than sixty days after the adoption of the resolution, and direct the giving of notice as provided in Section 6.718 and, if desired, Section 6.719;
F. Direct the preparation and filing of the report under Section 6.717;
G. Contain a description of the proposed voting procedure;
H. Designate the anticipated governing body of the District, which governing body may be comprised of all or a certain number of members of the Council, or members of the legislative body of any local agency with whom the City has, or will, enter into a cooperation, joint powers agreement or other agreement pertaining to the proceeds of the special taxes, to act as the governing body to exercise the powers of the District.
SECTION HISTORY
Added by Ord. No. 177,051, Eff. 11-20-05.
Amended by: Subsec. E., Ord. No. 179,539, Eff. 3-2-08.