(A) The Board of Mayor and Aldermen may levy an assessment in an amount not greater than the appropriated budget against the owners of property within the Business Service District. The assessment shall be determined at the completion of the budget process.
(B) The assessment shall be made upon the owners of property within the Business Service District as of April 1 of each year or to the current owner if known.
(C) The assessment made against each property shall be based upon the assessed value of the property as a percentage of the total assessed value of the district. The assessed values of the properties shall be determined by the Board of Assessors.
(D) The Board of Assessors shall submit all Business Service District assessments to the Collector of Taxes with a warrant under their hands and seal requiring him to collect them; and he shall have the same rights and remedies and be subject to the same liabilities in relation thereto as in the collection of taxes as set forth in R.S.A. Ch. 80.
('71 Code, § 7½-7) (Ord. passed 6-5-84; Am. Ord. passed 10-1-85; Am. Ord. passed 9-5-95)