"All owners of real property within the following described territory ............... (description of territory to be included in the district) ............... are hereby notified that a petition has been filed with the city clerk of the city of ............... (name of municipality)............... purporting to be signed by at least a two-thirds (2/3) majority in assessed value of the owners of real property within the territory, which petition prays that a consolidated utility district be formed embracing the territory, for the purpose of ............... (description of consolidated system in general terms)............... and that the cost thereof be assessed against the real property situated in the territory. All owners of real property within the territory are advised that the petition will be heard at a meeting of the ............... (governing body)............... to be held at ............... M., on ..............., 19..............., and that at that meeting the ............... (governing body)............... will determine whether those having signed the petition constitute at least a two-thirds (2/3) majority in assessed value of the owners of real property within the territory. At the meeting, all owners of real property within the territory who so desire will be heard upon the question."
Ark. Code § 14-217-105