(a) There is no requirement that the special tax levied pursuant to this chapter be fixed in amount or apportioned on the basis of special benefit to a parcel of land in the district or that the special improvement financed convey a special benefit to the parcel. The only requirement is that the special tax benefit the parcel in a general manner.
(b) A special tax levied pursuant to this chapter may be based on benefit received by a parcel, the cost of making a special improvement available to a parcel, the stage or type of development or use of a parcel, the happening of one or more specified events related to the development or improvement of all or certain parcels, or any other reasonable basis or formula as determined by the council. Any determination of the reasonableness of any special tax or the rate or method of the apportionment thereof by the council shall be final and conclusive.
(1990 Code, Ch. 34, Art. 3, § 34-3.1) (Added by Ord. 96-18)