50-2604 RESOLUTION OF INTENTION TO ESTABLISH -- CONTENTS -- HEARING.

TITLE 50

MUNICIPAL CORPORATIONS

CHAPTER 26

BUSINESS IMPROVEMENT DISTRICTS

50-2604. Resolution of intention to establish -- Contents -- Hearing. The legislative authority, after receiving a valid initiation petition, shall adopt a resolution of intention to establish a district. The resolution shall state the time and place of a hearing to be held by the legislative authority to consider establishment of a district and shall restate all the information contained in the initiation petition regarding boundaries, projects and uses, and estimated rates of assessment.