The application shall include a petition signed by at least three residents who are owners of real property and registered voters in the City stating that: the applicant: is personally known to the signers of the petition; and is a resident or taxpayer of the City at the time the applicant presents the application to the signers of the petition; if the applicant is a corporation, at least one of the applicants: is personally known to the signers of the petition; is a resident or taxpayer of the City at the time the applicant presents the application to the signers of the petition; and is a registered voter in the State; and if the applicant is a partnership, all members of the partnership are residents of the City at the time the applicants present the application to the signers of the petition.