The City Council may, on its own initiative at any time, adopt a resolution of intention to disestablish a Community Benefit District and the City Council shall adopt such a resolution if, during the annual 30-day period set forth in Section 36670(a)(2) of the PBID Law, the City Council receives a written petition requesting disestablishment signed by property owners who pay more than 30% of the assessments levied in connection with the District. This section provides alternative methods for the initiation of proceedings to disestablish a Community Benefit District and shall not be interpreted to preempt the existence of other methods set forth in Section 36670 of the PBID Law or other applicable state law. A resolution of intention adopted pursuant to this section shall have the same effect, and trigger the same notice and hearing requirements, as a resolution of intention otherwise adopted pursuant to Section 36670 of the PBID Law.
(Ord. 5995, 2021)