Special Assessments.

(1) 

In addition to other methods provided by law, special assessments for any public work or improvement of any current service may be levied in accordance with the provisions of this section.

(2) 

Whenever the Common Council shall determine that the cost of installing or constructing any public work or improvement or furnishing any current service shall be charged in whole or in part to the property benefited thereby by special assessments levied under this section, it shall, either before or after completion of the work or improvement, adopt a resolution setting forth such intention and the time when the amount of such assessments shall be determined and levied, the number of annual installments, if any, in which such assessments may be paid, the rate of interest to be charged on the unpaid balance and the terms on which any of such assessments may be deferred while no use of the improvements is made in connection with the property.

(3) 

The provisions of sec. 66.60 of the Wisconsin Statutes, shall apply to special assessments levied under this section, except that when the Common Council determines, by resolution as provided in subsection (2) of this section, that the hearing on such assessments shall be held subsequent to the completion of the work or improvement or the rendition of the service, the report required by sec. 66.60(3) of the Wisconsin Statutes, shall contain a statement of the final cost of the work, service or improvement in lieu of an estimate of such cost.

(3m) 

No special assessment shall be levied against more than ten percent (10%) of the abutting footage of any lot or parcel of land used for or able to be used under the zoning regulations only for single family or two (2) family use, because of construction, reconstruction or resurfacing of an alley abutting a side lot line of such lot or parcel of land, except that such limitation of assessable abutting footage shall not be applicable where such alley provides the only access to such lot or parcel of land.

(4) 

Notice of the time and place of the public hearing on any special assessment proposed to be levied and notice of the final assessment and terms of payment thereof shall be given by mail to every person whose property is affected by such assessment and whose mailing address can be determined with reasonable diligence.

(5) 

Any special assessment levied under this section shall be a lien against the property assessed from the date of the final resolution of the Common Council determining the amount of such levy.

(6) 

The provisions of secs. 66.60(12) and 66.62(2) of the Wisconsin Statutes, relating to appeal, shall apply to any special assessment levied under this section.

(7) 

Whenever the Common Council provides that special assessments may be paid in annual installments, each installment shall include a proportionate share of the principal, as determined by the number of installments, together with interest on the outstanding principal at such rate as established from time to time by resolution of the Common Council.

(8) 

A statement of every assessment shall be mailed to every interested person whose real estate is affected, containing the total amount of the special assessment, the amount of interest to be applied thereto and the terms for payment of such principal and interest, as hereafter provided.

(9) 

Special assessments may be paid in full, without interest, not later than thirty (30) days following the billing date; if not paid in full by such date, such assessment, or the unpaid portion thereof, shall bear interest on a prorated annual basis at the rate established by the Common Council, regardless of the method or time of payment.

[Ord. 6144, 12/6/1994]