(a) The Council’s intent to form an Economic Improvement District;

(b) Assessment on benefitted properties;

(c) The formula for determining the assessment;

(d) The scope of the improvements and the description of the district boundaries;

(e) The estimated cost of the proposal and that it may be reduced to the amount of money actually received;

(f) The classification or types of properties which are exempt;

(g) The proposed final plan is on file with the City Manager and may be viewed at City Hall or online if available online;

(h) The date, time and place of the hearing

(i) The proposal can be modified as a result of public testimony;

(j) If owners of property upon which greater than thirty-three percent (33%) of the total amount of the assessment is levied oppose creation of the District, then the District shall not be formed and the assessment shall not be made; and

(k) Any owner who fails to submit written objection to the formation of the district or the classification of its property before or at the public hearing on assessment shall have waived challenges to the classification.