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(f) The proposed source or sources of financing including the proposed method and basis of levying the assessment in sufficient detail to allow each property or business owner to calculate the amount of the assessment to be levied against his or her property or business. The plan shall also state whether bonds will be issued to finance improvements; (g) The time and manner of collecting the assessments; (h) The specific number of years in which assessments will be levied, the maximum number of which shall be ten (10). Notwithstanding these limitations, a district created pursuant to this Article to finance capital improvements with bonds may levy assessments until the maximum maturity of the bonds. The management district plan may set forth specific increases in assessments for each year of operation of the district; (i) The proposed time for implementation and completion of the management district plan; Q) Any proposed rules and regulations to be applicable to the district; (k) A list of the properties or businesses to be assessed, including the assessor's parcel numbers for any properties to be assessed, and a statement of the method or methods by which the expenses of a district will be imposed upon benefited real property or businesses, in proportion to the benefit received by the property or business, to defray the cost thereof, including operation and maintenance. The plan may provide that all or any class or category of real property which is exempt by law from real property taxation may nevertheless be included within the boundaries of the district but shall not be subject to assessment on real property; (I) Any other item or matter required to be incorporated therein by the City Council; and, (m) A statement, placed in a conspicuous place on the Management District Plan, stating that assessments for the maintenance of improvements constructed by the district, if any, may continue to be levied on each parcel of land within the district for a period of time equal to the useful life of the improvement, as determined by the City Engineer, regardless of whether the district is disestablished or the term of the original levy has expired. Sec. 13-205. Procedures, Notice. If the City Council proposes to levy a new or increased property assessment, notice shall be provided and protest and hearing procedures shall be carried out in compliance with Section 53753 of the California Government Code. Ordinance No. NS-2771 Page 6 of 12