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11 <br />Service Plan Recommendations <br />Ensure district is primarily for financing public improvements and <br />limit ongoing maintenance and other services to those expressly <br />approved by the City in service plan or IGA <br />Require construction of improvements to City standards <br />Include requirement that the district dissolve upon City request <br />If debt has already been issued, district can be dissolved for all <br />purposes except to certify mill levy each year to pay debt service <br />Sunset provision, dissolve if no debt issued within a specific time <br />period <br />Require specificity in the financial plan <br />Prohibit boundary changes without City Council approval <br />Recommendations, continued <br />If multiple-district structure is permitted, require safeguards to <br />ensure property owners in all districts are able to meaningfully <br />participate in financial decisions <br />Require bond refinancing to show net present value savings <br />Require developer and district (when formed) to execute <br />indemnity letters in favor of the City <br />Require property owner disclosures <br />Limit exercise of eminent domain <br />Prohibit receipt of monies from other governmental sources, such <br />as Conservation Trust Funds and GoCo Funds, except pursuant to <br />IGA with the City <br />Require district agree not to exercise sales and use tax exemption <br />25