(a)
(1)
(A) When persons claiming to be a majority in value, as shown by the last county assessment of the owners of real property, in the whole or any part, of any city or incorporated town, file with the city or town clerk or recorder a petition for the organization of an improvement district for any purposes authorized by § 14-88-202, it shall be the duty of the city or town clerk or recorder to give notice that the petition will be heard at a meeting of the governing body of the city or town named in the notice, which will be held more than thirty (30) days after the filing of the petition.
(B) A petition under this section shall contain a bold heading stating that a signature on the petition is a vote to create the district.
(2) The notice shall be published one (1) time a week for two (2) weeks, the last insertion to be not less than seven (7) days before the date fixed for the hearing, in a newspaper having a general circulation in the county and, if available, on the website of the county or of the Secretary of State.
(b) The mayor, if he sees fit, may call a special meeting of the governing body for the purpose of hearing the petition. The called meeting shall be held not less than fifteen (15) days after the date of the call, and the notice of the hearing thereat shall be published for the time and in the manner prescribed in subdivision (a)(2) of this section.
(c) The notice may be in the following form:
(d) The petition may limit the cost of the improvement either to a fixed sum or to a percentage of the assessed value of the real property in the district.
“All owners of real property within the following described territory (here describe the territory to be included in the district) in the City (or Town) of , are hereby notified that a petition has been filed with the City Clerk (or Town Recorder) of the said City (or Town) of , purporting to be signed by a majority in value of the owners of real property within said territory, which petition prays that a local improvement district be formed embracing said territory for the purpose of (here describe purpose and name of the streets to be improved, if any) , and that the cost thereof be assessed and charged upon the real property above described. All owners of real property within said territory are advised that said petition will be heard at the meeting of the (governing body) to be held at the hour of p.m., on the day of , 20 , and that at said meeting said (governing body) will determine whether those signing the same constitute a majority in value of such owners of real property; and at said meeting all owners of real property within said territory who desire will be heard upon the question. City Clerk (or Town Recorder)”
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