The improvement project of a local improvement district that is established according to the procedures outlined in this chapter may subsequently be terminated upon the written request of the record owners of property that will bear more than 50 percent of the total cost of the improvement if the request is approved by not fewer than three-fourths of the council. Costs incurred prior to, and costs incurred as a result of termination of such an improvement project will become an assessment on the property in the district if the then current estimate of total cost of the improvement does not exceed 125 percent of the estimated total cost last presented to the property owners in a proceeding where property owners were given a right to object under this chapter.
(Ord. 94-7 (part), 1994)