Kentucky Revised Statutes Title IX. Counties, Cities, and Other Local Units § 91.754.Petition proceedings to request establishment of district

(a) The signatures and addresses of at least thirty-three percent (33%) of the owners of real property within the proposed management district and a number of real property owners, who together are the owners of real property equal to at least fifty-one percent (51%) of the assessed value of property within the proposed management district;

(b) An accurate description of the boundaries of the proposed management district;

(c) An economic improvement plan that shall provide:

1. A description of the economic improvements to be provided within the district;

2. A preliminary estimate of the annual costs of the proposed economic improvements;

3. The proposed method of assessing the costs of the economic improvements against the properties; and

(d) The proposed makeup of the board of directors of the management district, its powers and duties.