All petitions presented to Council requesting street improvements must be prepared and secured from the office of the Director of Law. The following requirements shall be made a part of every petition agreed to and approved by the signers of the petition:
(a) The total cost of sanitary sewers, less one-fiftieth and intersections, shall be assessed on the basis of foot frontage of all property affected by such improvement, and paid by the property owner.
(b) The total cost of construction of streets shall be assessed on the basis of the foot frontage, limited as follows:
(1) The total cost of street improvements and all necessary appurtenances, less one-fiftieth of the total project cost, all intersection costs and any reductions required by law, and shall be assessed on the basis of foot frontage of all property affected by such improvement, and paid by the property owner. However, the maximum cost to the property owners shall not exceed eighty percent of the project cost.
(2) The excess cost of street improvements above the assessment established in subsection (b)(1) hereof shall be assumed by the City with the Storm Water Division contributing five dollars ($5.00) per front foot to offset the cost to the General Fund of the City.
(Ord. 10726/94. Passed 11-9-94.)