The City Auditor shall superintend the making of all special assessments for improvements. In all cases where the special assessment produces a greater fund that is necessary to pay for the improvement, he shall, after all claims against the fund have been satisfied, notify Council of the fact that a balance remains to be refunded. Upon the passage of a resolution by Council, the Auditor shall proceed to refund the balance, and to that end shall notify by mail all persons whose addresses are known and who are entitled to a portion thereof, and shall post in a conspicuous place in his office the names of persons whose addresses are unknown who are entitled to a portion of the surplus. Any sum remaining unclaimed for a period of two years from the date of the commencement of the refunding shall be credited on the books of the Auditor’s Department to unclaimed moneys. Where taxes are delinquent and owing to a special fund, the Auditor may, in order to commence the refunding of the surplus, credit to the special fund from the unclaimed moneys a sum equal to the amount of special tax delinquent. However, when the delinquent tax is collected, it shall be credited to unclaimed moneys, and the Auditor shall not be required to notify any taxpayer whose tax is delinquent of the refunding of the surplus.
(1993 Code 31.44)