§ 35.87A.140. Changes in assessment rates
Changes may be made in the rate or additional rate of special assessment as specified in the ordinance establishing the area, by ordinance adopted after a hearing before the legislative authority.
The legislative authority shall adopt a resolution of intention to change the rate or additional rate of special assessment at least fifteen days prior to the hearing required by this section. This resolution shall specify the proposed change and shall give the time and place of the hearing. Proceedings to change the rate or impose an additional rate of special assessments shall terminate if protest is made by businesses or multifamily residential or mixed-use projects in the proposed area which would pay a majority of the proposed increase or additional special assessments.
[1993 c 429 § 9; 1971 ex.s. c 45 § 14.]
Sections: Previous 35.87A.075 35.87A.080 35.87A.090 35.87A.100 35.87A.110 35.87A.120 35.87A.130 35.87A.140 35.87A.150 35.87A.160 35.87A.170 35.87A.180 35.87A.190 35.87A.200 35.87A.210 NextLast modified: April 7, 2009