Section 7-84-710 - Initiation of process to establish district(a) The establishment of a district may be initiated by a petition filed in the office of the clerk or other officers responsible for keeping the records of the governing body of each host municipality required to approve the establishment of such district, signed by:(2) The owners of each parcel of property proposed to be included in the district.(b) After the filing of the petition, a petitioning owner is not permitted to withdraw the petitioner's name from the petition. A petition with the requisite signatures is not void on account of formal or insubstantial defects. The governing body of each host municipality, at any time, may permit the petition to be amended to correct any errors in the description of the territory, or in any other particular. Similar petitions for the organization of the same district may be filed, and together must be regarded as one (1) petition with the original. All such petitions filed prior to the hearing on the first petition filed must be considered by the governing body of each of the host municipalities in the same manner as if filed with the first petition placed on file.(c) The initiating petition must set forth: (1) The name of the proposed district, which must include the words "Infrastructure Development District";(2) An identification of each host municipality;(3) A description of the boundaries of the district or the territory to be included in the district, identified with sufficient certainty to enable owners to determine whether their property lies within the district; provided, that the boundaries must not overlap with the boundaries of another district established pursuant to this part;(4) A list of each parcel in the district, identified by parcel identification number of the county assessor, with the owner of each parcel and the address of such owner as shown on the property records of the county assessor;(5) A site development plan for the district showing the area in the district that is anticipated to be utilized for residential housing, including owner-occupied housing and rental housing;(6) The name and address of the developer;(7) A description of the infrastructure required to develop the district;(8) A description of the estimated infrastructure costs and an estimate of the cost of the entire development in the district upon completion;(9) The proposed rate of levy of the special assessment to be imposed;(10) A statement that the petition is filed pursuant to the terms of this part; and(11) A request that a district be established pursuant to this part and that the administration of the district be governed by this part.Added by 2024 Tenn. Acts, ch. 860,s 1, eff. 5/1/2024.