Whenever the Mayor and Common Council deem it necessary to form an improvement district within the City and to issue bonds which shall be special obligations of and be issued on behalf of such improvement district, for the acquisition, construction, improvement, completion, repair, management, reconstruction, administration, maintenance, operation, disposal or financing of any or all works, improvements and facilities referred to in this Chapter, they shall, by resolution, so declare the intention to form an improvement district and to issue such bonds.
(Ord. 3589, 7-06-76)