8.2005 Final Plan and Ordinance Preparation.
(1) Immediately following Council adoption of a resolution under Section 8.2004(2), the City Manager shall prepare for the City Council a report including but not limited to:
(a) Ownership of properties in the district;
(b) Status of payments of taxes and city liens and other fees and charges;
(c) A proposed Final Economic Improvement Plan; and
(d) Recommendations of the Advisory Committee.
(2) The report also shall be accompanied by a proposed ordinance that:
(a) States the Council’s intention to proceed with formal notification regarding the proposed Economic Improvement District;
(b) States whether the assessments will be mandatory or voluntary;
(c) Contains the information in the Final Economic Improvement Plan, which may be included by attachment of the Plan as an exhibit; and
(d) Directs notice to be given in the manner provided by Section 8.2007.