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HIA Recommendation (11-21-06) - Page 3 of 5 iii. Consider designating the HRA as the implementing entity for the HIA. 3.3 What happens after an adequate petition is filed? a. The petition is presented to the City Council who determines whether it contains all the required elements under the law and whether it contains at least the minimum number of required signatures. If the petition is found to be adequate and is accepted by the City Council a date for a public hearing is set. – October 9 th meeting. b. Prior to the public hearing, the City staff prepares a preliminary listing of the improvements proposed to be made. This list will require City employees to view and inspect the property and discuss the problems with owners and/or members of the association. As of the date of this report, the inspection of the site had not been completed. The inspection and a report on their findings will be completed prior to the public hearing on December 18 th c. At the hearing, staff will present its findings and owners will have an opportunity to present relevant testimony and issues related to the proposed area. The hearing is intended to assist the City Council in determining the proper boundaries of the area, the extent of the necessary improvements, and that there are no other available financing methods. d. If the City Council makes the required findings of need, it will adopt an ordinance establishing a Housing Improvement Area and will designate the Housing & Redevelopment Authority (“HRA”) as the implementing entity. The ordinance will, among other things, designate the area, establish the improvements to be made, and determine the basis for the imposition of the fees. Fees may be based on the tax capacity of each unit, the square footage of each unit or some other method as determined by the City Council such as per unit basis. Under the State law, the ordinance takes effect 45 days after adoption. The ordinance must be adopted within six months of the close of the public hearing. e. After the ordinance is adopted, the HRA staff will work with the association to determine through estimates, bids, and similar methods the costs of the improvements. f. Once the costs have been determined to the extent possible a second public hearing is held by the HRA at which time the owners may discuss the proposed fees in general, or they may question the fee proposed to be imposed against their individual unit. Within six months of the closing of this public hearing, the HRA will adopt a resolution imposing the fee. This fee may not exceed the amount stated in the hearing notice, but it may be less. The fees to be imposed are to be at a rate, term or amount sufficient to produce revenues required to make the improvements and cover any administration fees to facilitate establishment and management of the HIA. The resolution takes effect 45 days after it is adopted. The fees will include an administrative charge and will be collected along with property taxes for the number of years established in the resolution. The fee may,