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After the sponsor submits a written notice to proceed, the City Manager or designee will prepare a special assessment district petition report for the City Council. The petition report will include the following:

(a) A description of the proposed improvement;

(b) The estimated roll:

(1) The total estimated cost of the improvement based on the engineer’s or architect’s estimate and other allowable costs, including a minimum ten percent (10%) contingency based on the construction costs;

(2) The name of the record owner of each parcel in the proposed district;

(3) The tax parcel number of each parcel in the proposed district;

(4) The legal description of each parcel in the proposed district;

(5) The assessed valuation of each parcel in the proposed district;

(6) An estimate of the amount to be assessed to each parcel in the proposed district;

(7) Whether there are other special assessment liens against any of the parcels in the proposed district; and

(8) A description of any parcels that violate any restrictions on district formation;

(c) A map of the proposed district;

(d) Proposed financing terms;

(e) A description of the limitations on withdrawing a petition signature; and

(f) The name, address and daytime telephone number of the sponsor of the petition.

The City Manager or designee shall prepare an ordinance to approve the petition report and matching funds for Council consideration. (Ord. 791, Repealed and Reenacted Ord. 3034-2018)