The City Council shall adopt a preliminary assessment resolution containing a statement of intent to undertake the project, a general description of the nature and location of the project, a statement as to the interest rate charged per annum on any financed portion of assessment, a statement as to the terms of payment of the assessment, and an order setting a time and place for a public hearing on the preliminary assessment resolution. The public hearing must be held between three and ten weeks from the date of the adoption of the preliminary assessment resolution.
(`90 Code, § 20-92) (Ord. passed 2-14-89)