11-8.03   Assessment of Costs and Payment.
   Upon approval by WRECC, WRECC may request and the City may approve that the cost of the street lighting shall be paid by assessment of a special ad valorem tax on the abutting lots and parcels of land in the new subdivision in the manner provided by law. Upon passage of an ordinance making a special assessment and levying a special ad valorem tax, the City shall establish a street light taxing district for such new subdivision and shall collect as a special ad valorem tax assessment the necessary funds to provide for the street light services described herein. The cost of installation, energy costs and other costs shall be determined by WRECC and shall be prorated among owners of each lot within the new subdivision. The cost for each lot shall be added to each City ad valorem tax bill each year of the special tax assessment. The City shall be entitled to retain a reasonable collection fee and shall pay to WRECC all remaining funds it receives under the special ad valorem tax assessment. The special ad valorem tax assessment shall be collected in the same manner as City taxes and shall result in a lien on each lot if not paid. The City shall not be responsible to WRECC for any unpaid tax assessments and the City shall not be liable for the cost of such street lighting, including energy costs, installation or maintenance during the term of the special tax assessment. All street lighting installed shall be in compliance with all applicable regulations.
(Ord. BG2001-57, 11/20/2001; Ord. BG2016-49, 1/3/2017; Ord. BG2019-36, 8/20/2019)