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If, in the judgment of the Board, varying benefits will be derived by the several parcels of real property lying within the assessment district, the district may be divided into zones according to benefits. Zones may be established as provided in Section 250.323 of this Procedure Code, the provisions of which shall apply.
(Added by Ord. 225-81, App. 5/5/81)
If said proceedings are had pursuant to Subdivision 2 of Subarticle V hereof, then upon completion of the work, the person appointed by the Board to be in charge of the work shall prepare and file with the Board a declaration that the work has been completed according to the contract therefor, and shall further file an itemized statement of the cost of such work and of the expenses incidental to said proceedings, estimated to the conclusion of said proceedings. The amount of any contribution shall be stated therein as well as the balance for which bonds are to be issued. When the bonds have been issued they shall be delivered to the contractor upon his paying to the City any monies due it for incidental expenses as stated in the declaration. The Board may provide in the resolution of intention that the contractor shall be paid in cash from advances to be made to said project or from the proceeds of the sale of the bonds, in which event the bonds shall be issued as provided for the issuance of acquisition bonds.
(Added by Ord. 225-81, App. 5/5/81)
If the proceedings are had pursuant to Subdivision 2 of Subarticle V of this Procedure Code then, upon the entry of all interlocutory judgments in any eminent domain proceedings brought pursuant thereto, proceedings shall be had substantially as provided herein for the issuance of improvement bonds. The bonds shall be sold by the Board and the proceeds shall be used to pay the costs and expenses of the project.
(Added by Ord. 225-81, App. 5/5/81)
If proceedings are had pursuant to Subdivisions 4 or 5 of Subarticle V of this Procedure Code, then in the resolution ordering the acquisitions or improvements the Board shall determine the estimated costs of said acquisitions and improvements and of the expenses incidental thereto, and the total estimated amount of the bonds to be issued. The bonds shall be issued and sold and the proceeds shall be used to pay the costs and expenses of the project.
(Added by Ord. 225-81, App. 5/5/81)
If assessment proceedings are had pursuant to Subdivision 3 or 4 of Subarticle V of this Procedure Code, and proceedings shall be had for the taking of immediate possession of the property to be acquired, then the person in charge of said proposed acquisitions shall prepare and file with the Clerk an estimate of the amount of money necessary to be deposited in court for immediate possession, and proceedings shall be had for the issuance and sale of bonds therefor as provided for the issuance of acquisition bonds. In such event the Board shall issue only such amount of additional bonds as is necessary to provide for the additional costs of said project, and the proceeds of the possession bonds shall be finally used to apply to the cost of the acquisitions and improvements and expenses incidental thereto.
(Added by Ord. 225-81, App. 5/5/81)
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