If the governing authority, following the hearing, decides to establish the proposed area, it shall adopt an ordinance to that effect. This ordinance shall contain the following information:
the number, date and title of the resolution of intention pursuant to which it was adopted;
the time and place the hearing was held concerning the formation of such area;
the description of the boundaries of such area;
a statement that the businesses in the area established by the ordinance shall be subject to the provisions of the additional tax provided by this chapter;
the initial rate of increase, or additional levy, of the privilege license tax to be imposed with a breakdown by classification of business, if such classification is used;
a statement that a parking and business improvement area has been established; and
the uses to which the additional revenue shall be put.