Where land comprising streets created by a plat is subject to an assessment which has been or is about to be levied, the owner shall, as a condition to approval of the final plat, either pay in cash the amount of the assessment chargeable to the land in the streets, or enter into a contract, satisfactory to the City Manager and the Law Director, subjecting the remainder of the subdivision to additional assessments equal to the amount chargeable to the streets.
(Ord. 99-207, passed 1-10-2000)