(a) A petition to form a special district shall be signed by not less than twenty-five percent (25%) of the landowners owning at least twenty-five percent (25%) of the assessed valuation of property within the area proposed to be established as a special district in one (1) or more counties or any part of a county, as shown by the assessment records of the property in said area. (b) A petition for enlargement of a district shall be signed by not less than twenty-five percent (25%) of the voters owning not less than twenty-five percent (25%) of the assessed valuation of property within the area proposed to be included. If there are no voters within an area proposed to be included in a district, an enlargement petition shall be signed by not less than twenty-five percent (25%) of the landowners owning not less than twenty-five percent (25%) of the assessed valuation of property within the area proposed to be included. (i) Repealed By Laws 1998, ch. 115, § 5. (ii) Repealed By Laws 1998, ch. 115, § 5. (c) A petition for merger and a petition for consolidation shall be signed by not less than twenty-five percent (25%) of the voters owning not less than twenty-five percent (25%) of the assessed valuation of property within each of the districts proposed to be included. (i) Repealed By Laws 1998, ch. 115, § 5. (ii) Repealed By Laws 1998, ch. 115, § 5. (d) A petition for dissolution shall be signed by not less than twenty-five percent (25%) of the voters owning not less than twenty-five percent (25%) of the assessed valuation of property within the district. (i) Repealed By Laws 1998, ch. 115, § 5. (ii) Repealed By Laws 1998, ch. 115, § 5. (e) Repealed By Laws 1998, ch. 115, § 5. (f) The petition for formation shall state: (i) The proposed name for the district; (ii) The boundaries of the district, including a map, and describe the lands situated therein with particularity; (iii) A request that a district be formed under a principal act and pursuant to this act; (iv) Describe generally the purpose of the proposed district and the services to be provided, acquired, operated or constructed; (v) In detail, the proposed method for financing improvements or services to be provided within the first year of operation after formation; (vi) The number and names of persons willing to serve, or apply for election, as the initial board of directors of the district as required by the principal act; (vii) Who shall be responsible for the costs associated with formation.
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