The establishment ordinance adopted by the governing body of the municipality shall include:
(1) The name of the district as set forth in the original or amended initiating petition or initiating resolution;
(2) A description of the boundaries of the district as set out in the original or amended initiating petition or initiating resolution;
(3) A statement that the properties in the area established by the ordinance shall be subject to the provisions of the special assessment;
(4) A statement of the improvements, services, and projects authorized to be provided within and for the district and other proposed uses of special assessment revenues within the district;
(5) The initial or additional rate of levy of the special assessment to be imposed with a breakdown by property classification if classifications are used;
(6) The time and manner in which special assessments authorized by the ordinance shall be paid;
(7) If the governing body desires to create or appoint a district management corporation as provided in § 7-84-502, such creation or appointment; and
(8) A statement that the district is established pursuant to this part and that the administration of such district shall be governed by this part.