§ 20-409. Petition submittal.

In all cases in which a district is proposed pursuant to this article XIII, the petition filed with the manager in accordance with section 20-407 (a) must be signed by authorized managers representing at least thirty percent (30%) of the lodging businesses to be included in the district, and appended to the petition shall be an initial plan for the district which shall include, in addition to the information specified in 20-407 (b), the following information:

(a)

Name. The proposed name of the district, which must substantially follow the form "_____ Tourism Improvement District".

(b)

Purpose. The primary purpose or rationale for the district.

(c)

Location. A description and map of lodging businesses within the proposed district, providing sufficient specificity such that an owner of a lodging business is reasonably able to determine whether their lodging business is within or outside of the district's boundaries.

(d)

Public participation. A summary of the process employed by petitioners to inform the eligible electors of the proposed district and of the efforts to organize the district in a manner that will allow the electors the opportunity to participate, and the results of such process.

(e)

Board. The proposed names of any directors to be nominated by the electors.

(f)

Promotional plan. A summary of the promotional efforts, if any, that the district plans to undertake as part of its proposed tourism improvements and services, the cost thereof, and the manner in which such promotional efforts will be administered.

(g)

Financial plan. A financial plan showing:

1.

The type and rate of any tax, fee or assessment that will be levied for district purposes and how revenues derived from any tax, fee or assessment will be used over time;

2.

Any anticipated multiple-fiscal year financial obligations or other contractual obligations to be incurred by the district;

3.

The reasonably estimated tourism improvements and services that will be funded by the district;

4.

A draft first year budget;

(h)

Term. The proposed term for the district shall be perpetual unless otherwise stated in the creation ordinance, provided that such district may be dissolved as provided in section 20-420. If the term for the district is less than perpetual, then the creation ordinance shall include provisions for dissolution of the district at the end of the term or for the approval of the continued existence of the district by an amendment to the creation ordinance after the receipt of either (i) a petition of the electors, (ii) a resolution of the board, or (iii) an election of the electors of the district in which such electors approve such continued existence.

(i)

Conclusion. A request for city council to approve the creation of the district.

(Ord. No. 653-17, § 1, 6-26-17)