(a) Said Oakmont Citizens' Committee is empowered to grade, pave, macadamize or otherwise improve any existing dedicated street, road or lane, or any road, street or lane which has been or which may be acquired and open for public use, but which is ungraded, unpaved or unimproved and to lay sidewalks and curbs thereon; provided, that said citizens' committee, subject to the approval of the county council and after due publication thereof, shall have power to assess the cost of said grading, paving, macadamizing or improving against the property abutting on said street, road, lane or sidewalk, in proportion to the frontage of said abutting property on the same. Such lots platted as fronting on already existing improved roads, lanes or streets, but which abut on such streets or lanes as are to be improved under the provisions of this chapter, shall be assessed in accordance to benefits accruing from such new improvements as are herein provided for, such benefits to be determined by one (1) member of the county council, one (1) member of the Oakmont Citizens' Committee and one (1) resident of Montgomery County to be chosen by aforesaid member of county council and member of Oakmont Citizens' Committee. All property acquired by the citizens' committee under this section shall be held for the benefit of the citizens of the said Oakmont Subdivision.
(b) Any tax so assessed as above provided in this section shall be payable to the county treasurer in not less than eight (8) annual installments nor more than fifteen (15) as nearly equal as may be, the first installment thereof to become due and payable the first day of July next succeeding the making of such special assessment as herein elsewhere provided, and to be collected as county taxes in said county are collected, and any tax so assessed as provided in this section shall be subject to interest from said first day of July until paid, at the rate of six (6) per cent per annum. Each annual installment shall become a lien against said abutting property and any such installment not paid by the first of January following its becoming due shall be subject to the same penalties and shall be collected in the same manner as provided for the collection of unpaid taxes in the said county. All taxes assessed as provided in this section shall be paid over by the treasurer of said county to the treasurer of the Oakmont Subdivision, who shall devote such funds to the exclusive purpose of paying for the special improvements herein provided for or any indebtedness which may be incurred therefor.
(c) Said Oakmont Citizens' Committee shall have the power to pave, grade, macadamize or otherwise improve said streets, roads or lanes or sidewalks within said Oakmont Subdivision; provided, that before any contract for work shall be entered into, or any obligation with respect thereto incurred, notice shall be given to the owners and others of record interested in said abutting property of an opportunity to be heard, such hearing to be had before said Oakmont Citizens' Committee, which shall decide the matters properly brought before it. Any party affected by the final decision of said citizens' committee, made after such hearing, shall have the right to appeal therefrom within ten (10) days to the circuit court of Montgomery County; and provided further, that upon the petition of a majority of the resident property owners owning property abutting upon any street, road or lane to be graded, paved, macadamized or otherwise to be improved under the provisions of this section requesting the grading, paving, macadamizing or otherwise improving of any such streets, roads or lanes, it shall be the duty of the said citizens' committee to make the assessment against the abutting property owners, to provide the funds for and cause to be performed the necessary work or construction to be done in accordance with the provisions hereinabove provided. (Mont. Co. Code 1965, § 69-4; 1918, ch. 190, § 4; 1922, ch. 163.)