The Director of Finance shall biannually determine the amount of assessments to be certified to Council according to the following formula:
(a) Single-family residences, two-family residences, churches and nonpublic and public school properties abutting upon public streets which are lighted shall be assessed for the actual cost of residential street lighting.
(b) Underground fed street lighting for single-family residences, two-family residences, churches and nonpublic and public school properties abutting upon such streets, roads or portions thereof and served by such lights shall likewise be assessed upon the actual cost and expense of such lighting except for those properties abutting on Acacia Park Drive, which, for all lighting assessments, shall be considered commercial property.
(c) Commercial properties shall be assessed seventy-five percent of the actual cost and expense of commercial street lighting.
(d) All additional costs and expenses of such lighting, including park lighting, shall be charged to the General Fund of the City.
(Ord. 80-39. Passed 5-19-80; Ord. 80-46. Passed 6-2-80.)