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(a) The city council recognizes that the general assembly has adopted legislation for the organization of title 32 districts to facilitate the elimination of the overlapping of services provided by local governments and the double taxation that may occur, because of annexation or otherwise, when all of the taxable property of a title 32 district lies within the boundaries of the City.

(b) The city council declares that the primary purpose of title 32 districts within the city shall be to fund the local and regional public improvements and facilities necessary for the development of private property. Title 32 districts may provide for the continued operation and maintenance of such improvements and facilities only as provided in their respective approved service plans.

(c) The city council, in furtherance of the best interests of the city and the preservation and protection of the health, safety, prosperity, security, and general welfare of city residents declares its intent:

(1) To prevent the indebtedness incurred by title 32 districts from adversely affecting the credit worthiness and credit ratings of the City;

(2) To ensure that the cost burden of infrastructure in newly developed areas is placed upon those benefiting from such infrastructure improvements;

(3) To prevent the shifting of development risk to nondevelopers;

(4) To minimize the likelihood of excessive tax and fee burdens upon city residents located within title 32 districts;

(5) To require facilities and services to be provided efficiently;

(6) To prevent the shifting of costs of title 32 districts to residents of the city who do not live within the geographic boundaries of a title 32 district; and

(7) To permit the use of title 32 districts to serve only those residential, commercial, or industrial developments that will enhance the quality of the entire community.

(d) The city council further declares that it recognizes that the formation of title 32 districts requires the city council to adopt procedures for the orderly processing of proposals for the organization of these districts in order to protect the health, safety, prosperity, security, and general welfare of city residents. (Code 1979, § 36.5-1; Ord. No. 2005-65, § 2, 9-12-2005; Ord. No. 2004-41, § 2, 7-12-2004; Ord. No. 2000-55, § 2, 6-26-2000)