The cost of the improvements shall be paid as follows:
A. Water And Sewer Improvements: The cost of the installation of water mains and pipelines and sewer main lines and pipelines shall be borne by the adjacent property owners according to the square footage of the property served thereby.
B. Streets, Alleys, Curbs And Sidewalks: The cost of the installation of streets, alleys, curbs and sidewalks shall be borne by the adjacent property owners on the basis of front footage to the property served thereby.
C. Estimates: Prior to construction of improvements, the board shall estimate the costs of the improvements to each subject landowner and shall convey the estimate to such landowner and give the landowner an opportunity to be heard before the board. In the absence of any agreement for payment between the town and land owners, the town may assess the costs thereof in accordance with Colorado Revised Statutes, sections 31-15-401(1)(d) and/or 31-15-704, as amended. (Res. 55-1994, 12-15-1994)