(1) The process to create a special service district is initiated by:
(a) the legislative body of a county or municipality that proposes to create a special service district adopting a resolution that:
(i) declares that the public health, convenience, and necessity require the creation of a special service district;
(ii) indicates the legislative body's intent to create a special service district; and
(iii) complies with the requirements of Subsection (3); or
(b) the filing of a petition that:
(i) proposes the creation of a special service district;
(ii) complies with the requirements of Subsections (2) and (3); and
(iii) is filed with the legislative body of the county or municipality in whose boundary the proposed special service district is located.
(2) Each petition under Subsection (1)(b) shall:
(a) be signed by:
(i) the owners of at least 10% of the taxable value of taxable property within the proposed special service district; or
(ii) at least 10% of the registered voters residing within the proposed special service district; and
(b) indicate:
(i) the residence address of each person who signs the petition; and
(ii) if the person signs the petition as a property owner, the address or other description of the person's property sufficient to identify the property.
(3) Each resolution under Subsection (1)(a) and petition under Subsection (1)(b) shall:
(a) describe the boundaries of the proposed special service district;
(b) specify each service that the special service district is proposed to provide; and
(c) designate a name for the proposed special service district.