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A. To initiate proceedings to charter a public corporation under this chapter, any person or group of persons shall apply in duplicate to the city finance director therefor. The application shall set forth:

1. The charter requested;

2. The proposed initial bylaws;

3. The name, occupation, place of employment, business and home addresses and business and home telephone numbers of persons nominated as the initial board members;

4. The funds and other assets necessary to undertake the activities or functions contemplated within the coming year; the anticipated sources of such funds and assets; a projected first-year operating budget; and any other supporting data the applicants deem appropriate and necessary to evaluate their application; and

5. The name and address of each applicant. The applicant(s) may amend, correct or supplement the application during review and processing thereof. No applicant shall be an official or employee of the city.

B. One copy of the application shall be filed with the city finance director as a public record open to public inspection and one copy shall be forwarded to a responsible city official designated by the mayor. To allow for public inspection and review, at least thirty (30) days shall elapse between filing of an application and issuance of a charter.

(Prior code § 1.98.060)