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A district formed pursuant to the provisions of this part shall continue in existence, from year to year so long as the City Council conducts an annual hearing and orders the performance of the service(s) and approves an assessment diagram and assessment roll for the purpose of providing for the performance of such service(s). If the City Council fails to conduct such a hearing or fails to adopt an assessment diagram and assessment for any fiscal year, the district shall be deemed to be terminated as of June 30 of the last fiscal year during which an assessment was levied on such district for the purpose of providing a service(s). The termination of an assess-ment district shall not have the effect of extinguishing any lien imposed upon a lot pursuant to such district.
('86 Code, § 3.50.265) (Ord. 3997, passed - - )