7-15-4215. Notice of hearing on urban renewal plan. (1) The notice required by 7-15-4214(1) must be given by publication as provided in 7-1-4127 and by mailing a notice of the hearing, not less than 10 days prior to the date of the hearing, to the persons whose names appear on the county treasurer's tax records as the owners, reputed owners, or purchasers under contracts for deed of the property, at the address shown on the tax record.

(2) The notice must:

(a) describe the time, date, place, and purpose of the hearing;

(b) specify the proposed boundary of the urban renewal area affected;

(c) outline the general scope of the urban renewal plan under consideration;

(d) specify the goals the municipality has in the rehabilitation and renewal of the area; and

(e) indicate the method of financing the urban renewal area and whether the municipality intends to use tax increment financing and bonds to be paid from tax increment financing.