A. In accordance with section 66.0701 and/or 66.0703, Wisconsin statutes, the cost of installing or constructing any public work or improvement shall be charged in whole or in part to the property benefited thereby.
1. Prior to the common council considering any special assessment for public work or improvement, a public hearing shall be held.
2. The city clerk shall notify the owner of each property benefited, whose address is known or can be reasonably obtained, by mailed notice at least ten (10) days before the date of said hearing, and the general public by publication of a class 1 notice of the time, date and place of the hearing.
The mailed notice shall also contain a summary of the costs and possible special assessment.
3. After the hearing upon any proposed special assessment, the common council may approve, disapprove or modify and, by majority vote, levy said special assessments against the benefited properties.
B. All outstanding special assessments levied against any property shall be due and payable in full upon levy, except for special assessments that may be deferred, with or without interest, by the common council, upon such terms and conditions as the common council deems appropriate, including, but not limited to, deferral until hookup, sale or transfer of the property or subdivision for development of the property, except for special assessments financed by "B" bonds that prohibit prepayment thereon. (1975 Code Ch. 21 § XXVIII; amd. 2009 Code)