§ 33.12  CONTRACT AUTHORIZED IN LIEU OF SPECIAL ASSESSMENT PROCEDURE.
   In the event that all persons or property owners to be affected by any proposed improvement agree that such proposed improvement be made and that a special assessment be levied in connection therewith, the city may, in lieu of the foregoing procedure, enter into a written contract with all of the persons or property owners affected thereby, which contract when approved and executed, shall operate as a complete special assessment procedure and the assessment shall be made in accordance with the contract.
(`73 Code, 12.218, § 1.118)