A. A public hearing shall be held on the proposed economic improvement district. If the City Council decides to proceed with the economic improvement district, the Council shall determine whether the property benefited shall bear all or a portion of the costs. The Council shall determine, based on the actual or estimated cost of the economic improvement projects, the amount of assessment on each lot in the district. The City shall then prepare the proposed assessment for each lot in the district. Notice of the proposed assessment for each property shall be mailed or personally delivered to the owner of the property to be assessed. The notice shall state the time and place of a public hearing at which affected property owners may appear to support or object to the proposed assessment.

B. The hearing on proposed assessments shall not be held sooner than 30 days after the mailing or personal delivery of the notices.

C. At the hearing on assessments, the Council shall consider objections and may correct, modify, or revise the proposed assessments. [Ord. NS-2182, 2012]