The reassessment shall be based upon the special and specific benefit of the improvement to the respective lots at the time of the original making of the improvement. The amount of the reassessment shall not be limited to the amount of the original assessment but the original property included in the district shall remain the same, except property on which the original assessment was paid in full shall not be included in the reassessment. Interest from the date of delinquency of the original’s assessment may be added by the Council to the reassessment in cases where property was included in the original assessment, but the interest shall not apply to any portion of the reassessment that exceed the amount of the original assessment. The reassessment shall be made in an equitable manner as nearly as may be in accordance with the law in force at the time the improvement was made, but the Council may adopt a different plan of apportioning benefits or exclude portions of the district when in its judgment it is essential to secure an equitable assessment. Credit shall be allowed on the new assessment for all payments made on the original assessment.
(Ord. 333-99, passed 12-14-1998)