50B - ORD - ESTABLISING COMMUNITY MGMT

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(4) The method and basis of levying the assessment in sufficient detail to allow each real property owner to estimate the amount of the assessment to be levied against his or her property for that fiscal year. (5) The amount of any surplus or deficit revenues to be carried over from a previous fiscal year. (6) The amount of any contributions to be made from sources other than assessments levied pursuant to this part. (c) The City Council may approve the report as filed or may modify any particular contained in the report and approve it as modified. Any modification shall be made pursuant to Section 13-212, below. The City Council shall not approve a change in the basis and method of levying assessments that would impair an authorized or executed contract to be paid from the revenues derived from the levy of assessments. (d) If an Owners Association is under contract with the City to manage the CMD, it shall cause the report to be prepared. Sec. 13-212. Modification of Boundaries, Assessments, Improvements or Activities. (a) Upon the written request of the Owners Association, the City Council may modify the management district plan after conducting one public hearing on the proposed modifications. (b) The City Council may modify the improvements and activities to be funded with the revenue derived from the levy of the assessments by adopting a resolution determining to make the modifications after holding a public hearing on the proposed modifications. (c) If the modification includes the levy of a new or increased assessment, the City Council shall comply with Section 13-205. (d) Notice of all other public meetings and public hearings pursuant to this section shall comply with both of the following: (1) The resolution of intent shall be published in a newspaper of general circulation in the city once at least seven days before the public meeting. (2) A complete copy of the resolution of intent shall be mailed by first 50B-12