If, in the judgment of the Mayor and Common Council, varying benefits will be derived by the different parcels of real property lying within the improvement district, the district may be divided into zones according to benefits.
A. Number. The district may be divided into as many zones, up to the total number of parcels of real property in the district as may be deemed necessary, and each zone shall be composed of and include all the real property within the district which will be benefited in like manner.
B. Percentage.
1. The Mayor and Common Council shall also determine the percentage of the sum to be raised each year by the levy and collection of the special assessment taxes in the district for the payments on the principal and interest of the bonds, which will be raised from the real property or land only, as the case may be, in each zone.
2. As an alternative, the Mayor and Common Council may determine the percentage of assessed valuation of taxable real property or land only, as the case may be, within each zone which shall be used in computing the annual rate of ad valorem assessment within the district and to which the annual rate shall be applied.
C. Resolution of Intention. When the district is divided into such zones, the resolution of intention shall so state, giving the percentages to be raised from the real property or land only, as the case may be, in each zone.
D. Designation. Each zone shall be designated by a different letter or number and shall be plainly shown on the map of the improvement district filed in the office of the City Clerk and referred to in the resolution of intention, either by separate boundaries, coloring or other convenient and graphic method, so that all persons interested may with accuracy ascertain within which zone any parcel of property is located.
E. Plat. It shall be sufficient in all cases where the improvement district is to be divided into such zones according to benefits if the resolution of intention states that fact and refers to the map for the boundaries and all details concerning the zones.
F. Changes in Boundaries at Hearing. At the hearing, the Mayor and Common Council may eliminate, create or alter the boundaries of proposed zones in the manner provided for the alteration of the boundaries of the proposed district.
G. Subsequent Changes in Boundaries. If the Mayor and Common Council from time to time determine that the public interest will be served thereby, they may from time to time add property to a zone or transfer property from a zone of lesser benefit to a zone of greater benefit, in the manner provided for enlarging the improvement district.
(Ord. 3589, 7-06-76)