Upon receipt of the report of the Mayor if the Council shall determine to proceed with the improvement, they shall by resolution approve the report prepared by the Mayor and shall approve the plans and specifications and estimate of cost for the public improvement; determine the necessity thereof and set forth the nature thereof; designate the limits of the special assessment district to be affected and describe the lands to be assessed; determine the part or proportion of the cost of the public improvement to be paid by the lands specially benefited thereby and the part or proportion, if any, to be paid by the city at large for benefit to the city at large; determine the number of installments in which the special assessment may be paid and the rate of interest, not exceeding 6% per annum, to be charged if the payment of any balance is to be deferred; and by the terms of said resolution shall direct the City Assessor to make a special assessment roll of the part or proportion of the cost to be borne by the lands specially benefitted according to the benefits received and to report the same to the Council.
(Ord. 148, passed 5-6-69)