§ 2.14.050. MANAGEMENT PLAN.  


Latest version.
  • .010 The City shall have prepared a management plan for the ATID which shall be provided to all businesses to be assessed no later than ten (10) days prior to the hearing on the resolution of formation. Such management plan shall include all of the following:
    .011 A map of the district in sufficient detail to locate each assessed business within the district.
    .012 The name of the proposed district.
    .013 A description of the boundaries of the district, including the boundaries of benefit zones, proposed for establishment or extension in a manner sufficient to identify the affected businesses included.
    .014 The improvements and activities proposed for the first five (5) years of operation of the district and the maximum cost thereof.
    .015 The total annual amount proposed to be expended for improvements, maintenance and operations, and debt service in each of the first five (5) years of operation of the district.
    .016 The proposed source or sources of financing, including the proposed method and basis of levying the assessment in sufficient detail to allow each affected business owner to calculate the amount of the assessment to be levied against his or her business. The plan also shall state whether bonds will be issued to finance improvements.
    .017 The time and manner of collecting assessments.
    .018 The specific number of years in which assessments will be levied.
    .019 The proposed time for implementation and completion of the management plan and whether or not an Advisory Board will be designated for the district pursuant to Section 2.14.150.
    .020 Any proposed rules and regulations to be applicable to the district.
    .021 A list of the businesses to be assessed.
    .022 The structure governing implementation of the management plan.
    .023 A description of the Contracting Entity with which the City will contract for day-to-day management of the TID.
    .024 All required cost recovery information specified in Section 2.14.130.020. (Ord. 6174 § 1 (part); July 27, 2010.)