Amend sec. 7, page 2, line 16, by deleting "board," and inserting "body,".

"each fiscal year of ".

Amend sec. 8, page 2, line 32, by deleting "2," and inserting "3,".

Amend sec. 8, page 2, line 42, after "2." by inserting:

"At any time before the governing body adopts the ordinance establishing the commercial improvement district, the owner of a tract which is located within the boundaries of the proposed district and which is used exclusively for residential purposes may file with the clerk a written request that his property be excluded from the district. The request must be accompanied by a legal description of the property. Upon receipt of such a request, the clerk shall provide a copy of the request and legal description of the property to the governing body. In adopting the ordinance establishing the district, the governing body shall exclude all tracts for which it received a request for exclusion pursuant to this subsection and which it determines will not benefit from the activities or improvements that are proposed to be provided in the district.

3.".

Amend sec. 13, page 4, line 28, after "act." by inserting:

"If the proposed modification of the district expands the territory within the boundaries of the commercial improvement district, the owner of a tract which is located within the territory proposed to be added to the district and which is used exclusively for residential purposes may request that his property be excluded in the manner set forth in subsection 2 of section 8 of this act at any time before the governing body modifies the plan by ordinance. In modifying the plan by ordinance, the governing body shall exclude all tracts for which it received a request for exclusion and which it determines will not benefit from the activities or improvements provided in the district.".