At such time as determined by the City following the final date for submission of proposed development plans, and if a proposed development plan, or more than one (1) such plan, has been submitted, the City Clerk shall publish notice in a paper of general circulation notifying all interested parties in the proposed development plan(s) that a public hearing will be held on a date and time certain, provided that the public hearing shall not be held less than fifteen (15) days prior to nor more than thirty (30) days following publication of the notice provided for in this Section.
At the public hearing, interested parties shall be afforded an opportunity to comment on the proposed grant of rights or powers to a corporation with respect to a blighted area, including, but not limited to, eminent domain. In addition, if real property tax abatement, as contemplated by Section
26-62: Development Plan Contents, of this Article, is included in a proposed development plan, the City shall furnish each political subdivision whose boundaries for ad valorem taxation purposes include any portion of the real property to be affected by such tax abatement or exemption with a written statement of the impact on ad valorem taxation, such tax abatement or exemption will have on such political subdivision and a written notice of the public hearing to be held pursuant to this Section.
The written statement and notice required by this Section shall be mailed to each political subdivision by registered or certified mail, postage prepaid, return receipt requested, at least ten (10) days prior to the hearing.
See
Article XI: Urban Redevelopment Procedures for more detailed information.