SPIRO T. AGNEW, Governor                        1417

thereof according to any official or recorded map; or (iii) referring
to a plat or map filed with the petition, indicating by a boundary
line the extent of the territory included in the proposed assessment
CONVERSION district.

    (e) A petition for proceedings for conversion shall be signed by

not less than 20 owners of assessable land in the proposed assess-
ment district, as shown by the last equalized assessment roll used

by the city, owning land constituting more than 80% of the area

of all assessable lands within the proposed assessment district.

(E) A PETITION FOR PROCEEDINGS FOR CONVERSION
SHALL BE SIGNED BY NOT LESS THAN TWENTY (20)
OWNERS OF PROPERTY WITHIN THE PROPOSED CONVER-
SION DISTRICT, WHOSE PROPERTY CONSTITUTES MORE
THAN EIGHTY PER CENTUM (80%) OF THE ASSESSED
VALUE WITHIN THE PROPOSED CONVERSION DISTRICT.
THE ASSESSED VALUE OF THE PROPERTY SHALL BE DE-
TERMINED BY THE LAST ASSESSMENT ROLL USED BY THE
COUNTY OR INCORPORATED MUNICIPALITY.

(f)  The petition shall be filed with the clerk of the legislative
body of the county or incorporated municipality in which the assess-
ment CONVERSION district is located, who shall thereupon check
or cause said petition to be checked. If the petition is signed by the
requisite number of qualified signers, the clerk shall execute a certifi-
cate of sufficiency and present said petition and certificate to the
legislative body.

(g)   Upon presentation of the petition and certificate of sufficiency,
the legislative body may adopt a resolution declaring its intention
to order the conversion described in said petition and to enter into
an agreement with any public utility or public agency and providing
for plans and specifications, contributions of labor, materials or
money and payment for any work, improvement or service there-
under. THE LEGISLATIVE BODY SHALL THEREUPON CAUSE
AN INVESTIGATION AND REPORT TO BE MADE TO IT, IN-
CLUDING, BUT NOT LIMITED TO, THE NATURE OF THE
WORK TO BE DONE, THE ESTIMATED COST OF THE WORK
AND OF THE PROCEEDINGS, FUNDS AVAILABLE FROM
OTHER SOURCES FOR PAYMENT OF SUCH COSTS, EXIST-
ING ASSESSMENTS, ESTIMATED CONVERSION COSTS ON
EACH PARCEL, AND MATURITY OR MATURITIES AND
PROBABLE INTEREST RATE OF BONDS, IF ANY, TO BE
ISSUED. ENGINEERING DETAILS AND COST ESTIMATES
SHALL NOT BE IN GREATER DETAIL THAN NECESSARY
FOR THE FORMULATION OF A JUDGMENT AS TO FEASI-
BILITY AND EXPENSE. SAID REPORT SHALL BE MADE
AVAILABLE TO THE GENERAL PUBLIC AT THE TIME THE
NOTICE PRESCRIBED IN SECTION 64B IS PUBLISHED AND
AT THE PUBLIC HEARING THEREIN PRESCRIBED.

(h) In a proceeding for a conversion, the county or incorporated
municipality and any public utility or public agency supplying elec-
tric or communication service with said county or incorporated
municipality may SHALL by agreement provide that, upon com-
mencement or completion of the conversion, said public utility or
public agency shall have legal title to the electric or communication
facilities, which shall thereafter constitute part of a system of the