At the time of the adoption of the resolution of intention to establish a Community Taxing District, the Council shall direct the appropriate officer to file or cause to be prepared and filed at or before the time of the hearing, a report with the City Clerk containing a brief description of the facilities, services or both proposed to be financed by type and an estimate of the cost of providing those facilities and services, together with an estimate of the costs of any debt issuance and the City’s administration of the District. If the purchase of completed facilities or the payment of incidental expenses is proposed, the report shall contain an estimate of the cost of those facilities or incidental expenses. The report shall be made a part of the record of the hearing on the resolution of intention to establish the District.
SECTION HISTORY
Added by Ord. No. 177,051, Eff. 11-20-05.