§ 126-208. Authority to levy and collect non-ad valorem assessments.

(a)

The Board has the duty, right, power and authority to levy and collect assessments for benefits against all real property within the territorial bounds of the District in order to provide funds for the purposes of said District. The provision of the potable water distribution system and/or sewer collection facilities within the District is hereby declared to be of special benefit to all assessed property within the District by enhancing the marketability and value of those properties by the provision of safe and reliable central potable water and/or sewer service as well as enhanced fire protection. The rate of assessment and minimum number of assessment units are to be set by resolution after appropriate public notice and hearing.

(b)

The District assessment levied on an assessed property shall be payable in annual installments; provided, however, it may be paid in full at any time.

(c)

In the event that an individual property within the District shall require specialized equipment for the purpose of providing centralized water or sewer services for that property only, the governing body shall have the authority to charge an additional fee, assessment or other charge to cover such costs.

(Ord. No. 2007-085, §§ 1, 2, 9-12-2007)