Sec. 2. The general assembly finds that:
(1) distributions of property tax revenue for 2008 and 2009 to the city of LaPorte either:
(A) have not been made; or
(B) have been delayed by more than sixty (60) days after either due date specified in IC 6-1.1-22-9;
as a result of a state ordered reassessment of property in the county; and
(2) the city is having severe difficulty carrying out the governmental functions committed to it by law as a result of the delay in the distribution of tax revenue to the city.