Starting a Community Facilities District

Proceedings for the establishment of a district shall be instituted by the adoption of a resolution of intention to establish the district. The resolution shall do all of the following:State that a district is proposed to be established under the terms of this Chapter;State the name of the proposed district in substantially the following form: "County of Kaua'i Community Facilities District No._____." One (1) or more additional descriptive words may be used in the name of the proposed district to indicate its geographic area;State the term of the proposed district. The term shall be a specified calendar period and shall not expire until all debt service on debt and incidental expenses related thereto are due, to be fully paid;Describe the boundaries of the proposed district. The boundaries may be described by reference to a map on file in the office of the County Clerk showing the proposed district;Identify the special improvements to be financed by the proposed district. If the purchase of completed special improvements or the incurring of incidental expenses is proposed, the resolution shall identify the improvements or expenses, as the case may be;State that incidental expenses will be paid from special taxes;State that, except when funds are otherwise available, a special tax sufficient to pay for the costs of the special improvements and incidental expenses shall be annually levied within the proposed district. The resolution shall describe the estimated rate and proposed method of apportionment of the special tax in sufficient detail to allow each landowner within the proposed district to estimate the maximum annual amount that the landowner will have to pay;Specify the principal amount of debt proposed to be issued to finance the special improvements;Fix a time and place for a public hearing on the establishment of the proposed district, which shall not be less than thirty (30) or more than sixty (60) days from the adoption of the resolution of intention; andDescribe the protest procedure.If one (1) or more improvement areas are proposed to be established, the resolution of intention shall also so state and describe the boundaries of the proposed improvement area(s), the name proposed for the improvement areas, the special improvements proposed to be financed by the improvement areas, and whether and to what extent it is proposed that special taxes shall be levied in the improvement areas for purposes of financing such improvements.