Resolution to absorb, contents of.

72.305. Resolution to absorb, contents of. — The governing body of each of the municipalities involved in the proposed absorption shall adopt a resolution which sets forth: (1) The name of each municipality which is to be absorbed; (2) The name of the municipality which will absorb the other municipality; (3) A statement that each municipality being absorbed accepts and will be governed by each and every provision and ordinance of the municipality which is absorbing them; (4) The proposed effective date of the merger; (5) A listing of each separate bonded indebtedness of each municipality which will be absorbed and a statement whether the tax necessary to retire it is to be levied locally or generally. (L. 1976 H.B. 1017 § 2)