Every ordinance providing for an improvement to be paid for in whole or in part by special assessments may contain an estimate of the life of the proposed improvement, prepared as may be directed by the City Administrator. If an estimated life is set forth in the assessment ordinance, any assessment thereafter made for replacing such improvement within such estimated period of life shall be limited to a sum not in excess of fifty percent (50%) of the cost of such replacement. Assessments for replacements at or after the expiration of such estimated period of life shall be subject to no limitation except as provided for assessments for original improvements. If no estimated life is set forth in the assessment ordinance, the life of the improvement shall be set at fifteen (15) years. (Ord. 007-2023. Passed 2-6-23.)