Upon the receipt of an application by a landowner or his or her designated agent, or on its own motion, the city council may initiate proceedings for the designation of an area of benefit by adopting a resolution stating its intention to do so. The city council shall refer the proposed public facilities project to the city manager and shall direct said city manager, with the assistance of city agencies and departments, and, where appropriate, interested landowners to make and file with the city clerk a report in writing which shall contain:
A. 1. An implementation program for future development, and/or
2. A financing plan with respect to the proposed public facilities project(s);
B. A general description of the proposed public facilities project(s);
C. An estimate of the total cost of the public facilities project(s) based upon the projected time for commencement and completion thereof in accordance with the capital improvement program;
D. A capital improvement program establishing a schedule for the timing of construction of the public facilities project(s) and the estimated costs therefor;
E. A diagram showing the area of benefit to be designated and the boundaries and dimensions of the subdivisions of land within the area of benefit. Each subdivision, including each separate condominium interest as defined in Section 783 of the Civil Code of the state of California shall be given a separate number upon the diagram. The diagram may refer to the county assessor's maps for a detailed description of the boundaries and dimensions of any parcels;
F. Preliminary information concerning the method pursuant to which the costs are proposed to be apportioned among the parcels within the area of benefit in proportion to the estimated benefits to be received by those parcels and a preliminary estimate of the amount of the facilities benefit assessments which will be imposed upon each such parcel;
G. The amount of the contribution or advance, if any, which the city or other governmental entity will make toward the total cost of the public facilities project(s). (Prior code § 39.01.005)