8.2009 Preparation and Notice of Assessments.
(1) Following Council adoption of a resolution establishing an Economic Improvement District based on the final Economic Improvement Plan, the City Manager shall prepare the proposed assessment for each lot in the District that is a subject property and shall file a proposed assessment ordinance, with a list of proposed assessments attached, with the City Council. The amount of assessment shall be based on the cost of the economic improvements and the cost of City administration of the Economic Improvement District.
(2) Following preparation of the proposed assessments, the City Manager shall mail to the owner of each lot to be assessed a notice containing the following information:
(a) The description of the property being assessed.
(b) The name of the District.
(c) The duration of the assessment (life of the District) and the total cost of the project, the assessment formula, and the amount of the assessment on the property.
(d) If owners of property upon which greater than thirty-three percent (33%) of the total amount of the assessment is levied oppose creation of the District, then the District shall not be formed and the assessment shall not be made; and
(e) Testimony shall be taken on the scope of improvements, estimated cost of proposal, total assessment, and formation of the district.
(f) The time, date and place of the hearing;
(g) Written objections may be filed with the City Manager prior to the hearing or made orally at the hearing. An objection to the assessment must explain the reasons the assessment is incorrect or exceeds the amount of benefit.
(h) An owner who fails to submit a written objection before or at the public hearing shall be deemed to have waived challenge to assessment;
(i) The assessment is due and payable immediately, and that it may be paid in quarterly-annual installments. The amount of interest if any and the fact there will be billing charges. Failure to pay could result in collection and judicial action.
(j) Property included in the District and assessed cannot be withdrawn from the District and the assessment will continue through the life of the District.
(k) The name and phone number of a City staff person who can answer questions.