§8-20-4. Publication of abstract of ordinance and notice; hearing.
After the ordinance for any project under the provisions of
this article has been adopted, an abstract of the ordinance,
determined by the governing body to contain sufficient information
as to give notice of the contents of such ordinance, together with
the following described notice, shall be published as a Class II
legal advertisement in compliance with the provisions of article
three, chapter fifty-nine of this code, and the publication area
for such publication shall be such municipality. The notice to be
published with said abstract of the ordinance shall state that said
ordinance has been adopted, that the municipality contemplates the
issuance of the bonds described in the ordinance, that any person
interested may appear before the governing body upon a certain
date, which shall not be less than ten days subsequent to the date
of the first publication of such abstract and notice and which
shall not be prior to the date of the last publication of such
abstract and notice, and present protests and that a certified copy
of the ordinance is on file with the governing body for review by
interested parties during the office hours of the governing body.
At such hearing all protests and suggestions shall be heard and the
governing body shall take such action as it shall deem proper in
the premises: Provided, That if at such hearing written protest is
filed by thirty percent or more of the freeholders of the
municipality, then the governing body of said municipality shall
not take further action unless four fifths of the qualified members of said governing body assent thereto.