§ 37-13-107 — Costs and feasibility report

The public utility or utilities report shall set forth an
estimate of the total underground conversion costs for the
district and shall also indicate the cost of underground
conversion of facilities of the public utility located within
the boundaries of the various parcels or lots within the
district. The report shall also contain the public utility's
recommendations concerning the engineering feasibility of the
project for the district proposed insofar as the physical
characteristics of the district are concerned. The report shall
make recommendations by the public utility concerning inclusion
or exclusion of areas within the district or immediately
adjacent to the district. The governing body shall consider the
public utility's recommendations concerning feasibility and may
amend the boundaries of the proposed improvement district
provided the costs and feasibility report of the public
utilities contains a cost figure on the district as amended, or
it may request a new costs and feasibility report from the
public utilities concerned on the basis of the amended district.
The cost estimate contained in the report shall not be
considered binding on the public utility if construction is not
commenced within six (6) months of the submission of the
estimate for reasons not within the control of the public
utility. Should such a delay result in a significant increase in
the conversion cost, new hearings shall be held on the creation
of the district. In the event that a ten percent (10%) or less
increase results, only the hearing on the assessments need be
held again.