A. A petition of support may be prepared by the Local Improvement
District Administrator or by owners of property that may be specially benefited
by the proposed improvement.
B. The petition shall include:
1. The name or designation of the improvement;
2. A map or clear description of the location of the
3. The general character and scope of the improvement; and
4. A proposed assessment methodology.
C. The Local Improvement District Administrator shall review a petition
for the proposed local improvement district to determine if the petition is
valid. A petition will be considered valid only when property owned by petition
signers added to property covered by waivers of remonstrance and property owned
by the City represents more than 50 percent of the property in the proposed
district as measured by the proposed assessment methodology. Property owned by
the City, including property owned through the Portland Development Commission,
shall be counted in support of formation of a local improvement district.
D. The Local Improvement District Administrator will not consider a
petition valid if a petition for a substantially similar local improvement
district has been filed in the previous 6 months and City Council resolved not
to proceed with the substantially similar district.
E. In reviewing the petition, the Local Improvement District
Administrator shall also identify delinquencies in taxes or City liens in the
proposed district and determine the bonding capacities of the properties within
the proposed local improvement district. The Local Improvement District
Administrator shall analyze project financial feasibility by determining whether
the sums assessed together with all unpaid sums then outstanding as assessments
against the properties would exceed one-half the real market valuation of the
properties as shown on the latest county tax rolls.
F. A petition of support will not be disqualified as a result of a
subsequent transfer in property ownership. However, the new property owner has a
right to remonstrate against the proposed improvement as provided in Chapter