To defray the costs and expenses of street improvements, as may be authorized by law, the City Council shall have power and authority to levy and collect special taxes and assessments upon the lots and pieces of ground adjacent to, abutting upon, or especially benefitting from, the street, avenue, alley, or sidewalk in whole or in part opened, widened, curbed, curbed and guttered, graded, paved, repaired, graveled, macadamized, parked, extended, constructed, or otherwise improved or repaired. The City Council, sitting as the Board of Equalization, shall review all the improvements in accordance with the procedure provided by law. All special assessments shall be made by the City Council at a regular or special meeting by resolution, taking into account the benefits derived or injuries sustained in consequence of the improvements and the amount charged against same. The vote shall be recorded in the minutes. Notice of the time of holding the meeting and the purpose for which it is to be held shall be published in some legal newspaper published, or of general circulation, in the city at least four weeks before the same shall be held. In lieu of the aforementioned notice, personal service may be had upon the persons owning or occupying the property to be assessed. The assessments shall be known as "special assessments for improvements" and with the cost of notice shall be levied and collected as a special tax in addition to the taxes for general revenue purposes, subject to the same penalties and collected in like manner as other city taxes and shall be certified to the County Clerk by the City Clerk/Treasurer forthwith after the date of levy, for collection by the County Treasurer unless otherwise specified. After it shall become delinquent, the assessment shall draw interest at the legal interest rate per annum.
(Neb. RS 17-511 and 17-524) (1973 Code, § 8-311)