The resolution designating an area as a development zone must:
(1) describe the boundaries of the zone sufficiently to identify with reasonable certainty the territory included;
(2) provide an effective date for the creation of the zone;
(3) provide a date for termination of the zone;
(4) assign a number to the name of the zone, which must be “East Montgomery County Improvement District Economic Development Zone No. ___”;
(5) adopt a preliminary financing plan for the zone;
(6) provide the number of directors of the governing body of the zone, which must be at least five; and
(7) appoint the governing body for the zone or authorize the board to serve ex officio as the governing body of the zone.