Upon the completion of any project, the Road Administrator shall compile the actual cost of making such construction or improvement and, if the amount assessed shall not be sufficient to pay that portion of the cost of the construction or improvement which the Council has determined shall be assessed against private property, the Council may make an additional assessment upon all the property in the special assessment district in the same ratio as the original assessments. If the assessments levied are more than five percent larger than necessary to defray the cost of the construction or improvement, then the Council shall, by resolution, order such excess over actual cost to be refunded to the then owner of any property which has been assessed for the construction or improvement, provided that refunds shall not be made to any owner whose share of the refund is less than ten dollars ($10.00). If any assessment is declared void or invalid by the Council or a court of competent jurisdiction, a reassessment against the property may be made.
(Ord. 16. Passed 7-16-62.)