(a) The freeholders of a suburban community owning 50 percent or more of the front footage of property to be protected by the contemplated installation of fire hydrants and necessary water mains may present a petition to the county government.
(b) The petition shall:
(1) State that in the opinion of the signers of the petition, the suburban community would be improved by the installation of fire hydrants with adequate water mains; and
(2) Request that the county government proceed in accordance with the provisions of this subchapter to issue bonds to provide the money for the improvements.
(c) Each petition, when presented, shall have attached to it, as a part thereof, the following data:
(1) A drawing showing the street layout, placement of fire hydrants and water mains and boundaries of the area to be protected by the installation thereof;
(2) A list of the names and post-office addresses of all freeholders in the suburban community, as they appear on the records of the board of assessment of the county in which the suburban community is located, and the street frontage in feet owned by each of such freeholders;
(3) A proposal or suggested contract or contracts, including plans, specifications and estimates of cost of the contemplated improvements; and
(4) A provision for service charges, if any, to the residents of the suburban community as tentatively accepted, approved or agreed to by the petitioners and the owners or operators of the local water distribution system chosen to install the improvements or their agents.