§ 20-72. Assessments.

Latest version.

The board is hereby authorized to impose assessments against property located within an MSBU to fund the cash-funded capital cost, debt-funded capital cost and/or service cost of a local improvement and/or local service. The assessment shall be computed in a manner that fairly and reasonably apportions the cash-funded capital cost, debt-funded capital cost and/or service cost among the parcels of property within the MSBU, based upon objectively determinable assessment units.

(Ord. No. 10-10, Art. II, § 2.02, 5-3-10)

                    
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