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___e _ � .� . � __. _ _ 04/28/2014 31.7. Assessment Against Real Property. Only assessments against real property may be levied in connection with a Community Benefit Improvement District. 31.8. Initiation of Proceedings. In lieu of the requirements of Section 36621(a) of the PBID Law, the City Council may initiate proceedings to form a Community Benefit Improvement District upon the submission of a written petition, signed by property owners in the proposed district who will pay more than thirty percent of the assessments proposed to be levied in connection with such district. The amount of assessment attributable to property owned by the same property owner that is in excess of twenty percent of the amount of all assessments proposed to be levied shall not be included in determining whether the petition is signed by property owners who will pay more than thirty percent of the total amount of assessments proposed to be levied. 31.9. Formation Costs. If so provided in the management district plan for a Community Benefit Improvement District, the assessment levied in connection with such a District may include amounts sufficient to recover the costs incurred in forming the District, including: 1. The costs of preparation of the management district plan required by the PBID Law and engineer's report required by Article XIIID, § 4 of the California Constitution; 2. The cost of preparing, circulating and submitting the petition to the City Council seeking establishment of the District; 3. The costs of printing, advertising and the giving of published, posted or mailed notices; 4. Compensation of any consultant, engineer or attorney employed to render services in proceedings under this chapter or the PBID Law; and ATTY/ORD.400/CBID PROCEDURE ORDINANCE ORD.2405 REV:03-18-14 PT FORMERLY MUFF#506 Page4of7