§ 714.112. Administration, assessment use, accounting and credit.

The Director of the Public Works Department shall be responsible for administration of all N.A.P.s adopted by the Council. All Assessments levied and collected pursuant to a N.A.P. shall be used solely to fund and finance the provision of Improvements to the particular Neighborhood and for no other purpose and the City shall make and keep such accurate records and accountings as may be necessary for this purpose and may set up trust funds for this purpose if desired. Moreover, the City shall make and keep accurate records of the Costs associated with the provision of the Improvements to a Neighborhood and, in the event the Costs estimated by the Methodology exceed the actual Costs, the City shall credit the difference to an annual Assessment not less than two tax years following the determination of actual Costs.

(Ord. 2005-157-E, § 3)

Editor's note

Ordinance 2007-839-E, § 18, authorized updated department/division names pursuant to reorganization.