Section 36-7-40-3.5 - Public hearing on proposed economic enhancement district; hearing requirements(a) Before an economic enhancement district may be established under this chapter, the clerk of the city-county council shall, in the manner provided by IC 5-3-1, publish notice of a hearing on the proposed economic enhancement district. The clerk of the city-county council shall mail a copy of the notice to each owner of real property within the proposed economic enhancement district. The notice must include the boundaries of the proposed district, a description of the proposed economic enhancement projects, the proposed formula for determining the percentage of the total benefit to be received by each parcel of real property, and the hearing date. The date of the hearing may not be more than sixty (60) days after the date on which the notice is mailed.(b) At the public hearing under subsection (a), the legislative body shall hear all owners of real property in the proposed district (who appear and request to be heard) upon the questions of: (1) the sufficiency of the notice;(2) whether the proposed economic enhancement projects are of public utility and benefit;(3) whether the formula to be used for the assessment of special benefits is appropriate; and(4) whether the district contains all, or more or less than all, of the property specially benefitted by the proposed economic enhancement projects.Added by P.L. 169-2024,SEC. 2, eff. 3/15/2024.