(1)Whenever the owner or owners of tracts to
be assessed in the proposed improvement district for not less than ninety-five
percent of the entire cost of any project, including all incidental expenses,
comprising more than fifty percent of the area of such territory and also comprising
a majority of the landowners residing in the territory, may by written petition initiate
the acquisition of any assessment project which the board is authorized to initiate,
subject to the following limitations:
(a)The board may incorporate such project in any improvement district or
districts;
(b)The board need not proceed with the acquisition of any such project or
any part thereof after holding a provisional order hearing thereon, pursuant to
sections 32-11-608 to 32-11-611, and all provisio
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(1) Whenever the owner or owners of tracts to
be assessed in the proposed improvement district for not less than ninety-five
percent of the entire cost of any project, including all incidental expenses,
comprising more than fifty percent of the area of such territory and also comprising
a majority of the landowners residing in the territory, may by written petition initiate
the acquisition of any assessment project which the board is authorized to initiate,
subject to the following limitations:
(a) The board may incorporate such project in any improvement district or
districts;
(b) The board need not proceed with the acquisition of any such project or
any part thereof after holding a provisional order hearing thereon, pursuant to
sections 32-11-608 to 32-11-611, and all provisions of this article thereunto enabling,
if the board determines that it is not for the public interest that the proposed
project or a part thereof be then ordered to be made; and
(c) Any particular kind of project, any material therefor, or any part thereof
need not be acquired or located, as provided in the petition, if the board determines
that such is not for the public interest.
(2) The board need not take any proceedings or action upon receiving any
such petition if the board determines by resolution that the acquisition of the
designated project probably is not feasible for reasons stated in such resolution,
and if the resolution requires a cash deposit or a pledge of property in at least an
amount or value therein designated and found therein by the board probably to be
sufficient to defray the expenses and costs incurred by the board taken preliminary
to and in the attempted acquisition of the project designated in the petition, and if
such deposit or pledge is not made with the treasurer within twenty days after
notice by mail is given to the person presenting the petition to the secretary of the
urban district or after one publication in a newspaper of general circulation in the
urban district of a notice of the resolution's adoption and of its content in summary
form, as the board may determine. An additional deposit or pledge may from time to
time be similarly so required as a condition precedent to the continuation of action
by the urban district.
(3) Whenever such deposit or pledge is so made and thereafter the board
determines that such acquisition is not feasible within a reasonable period of time,
the board may require that all or any portion of the costs theretofore incurred in
connection therewith by the urban district after its receipt of the petition shall be
defrayed from such deposit or the proceeds of such pledged property, in the
absence of such defrayment of costs by petitioners or other interested persons
within twenty days after the determination by resolution of the amount so to be
defrayed and after such published notice thereof.
(4) Any surplus moneys remaining from such deposit or pledge shall be
returned by the urban district to the person making the same.