(A) The City will proceed under the special assessment methods of Wisconsin Statutes § 66.0703 for financing only for projects involving 1 block in distance as defined previously in this code. The Council may waive this requirement upon the presentation of specific circumstances which preclude the development to proceed in at least 1 block units.
(B) Should the developer pursue financing through Wisconsin Statutes § 66.0703 (repayment in 10 equal installments) the remaining special assessment against any lot plus accrued interest shall be payable upon the sale of such lot.
(Ord. 559, passed 6-8-88)