§ 2-104. Setting assessments for special assessment improvements or service program.

(a)

Determining basis for assessment. The city shall determine the assessable area; assessable front footage; or assessable value, for each special assessment service or project and shall prepare an assessment roll (the "preliminary assessment roll") in accordance with the method of assessment set out in the intent resolution. Such preliminary assessment roll shall show the lots and lands to be assessed and, after taken into consideration the limitations contained in subsection (b) of this section, the amount of each assessment and the total assessment.

(b)

Determining assessable cost per property owner for property located in the assessable area. The estimated annual cost or total cost, which ever is applicable, for the service or project shall be used to develop a formula to determine the basis for assessment in order to attribute cost per property owner for property located within the assessable area. The assessable cost for each property owner for property located in the assessable area shall then be added together to arrive at the total assessment.

(c)

Annual determination of cost for a service. The estimated cost of a service funded by a special assessment levied pursuant to this article shall be set annually by resolution of the city commission after notice and public hearing, if the estimated annual cost for the upcoming year exceeds the current annual assessment amount. If the estimated annual cost for the upcoming year does not exceed the current annual assessment amount then notice and public hearing shall not be required but the city commission will set the amount of the annual assessment by resolution at a public meeting. Whenever a public hearing is required by this section, the public hearing held by the city pursuant to section 2-105 shall satisfy the requirements of this section.

(Ord. No. 96-102, § 3, 2-20-96; Ord. No. 99-110, § 5, 5-4-99; Ord. No. 2001-101, § 2, 1-16-01)