§ 270-15. Assessments.

All costs of improvements and maintenance, other than the costs of improvements and maintenance ordinarily incurred by the City out of general funds, shall be determined and approved pursuant to N.J.S.A. 40:56-80 or N.J.S.A. 40:56-85 as recommended by the District Management Corporation and approved by the governing body of the City of North Wildwood. Thereafter, an annual assessment shall be imposed upon properties in the district and, in appropriate cases, against properties benefited by the creation and operation of the Special Improvement District. Each year, when the governing body shall have acted on the estimated costs for the ensuing year, the Municipal Assessor shall prepare an assessment roll setting forth separately the amounts to be specially assessed against the benefited and assessable properties in the Special Improvement District in proportion to the benefits. The foregoing assessment shall be collected as an annual special assessment against properties that are within the district as defined in .

Amended 11-1-2005 by Ord. No. 1482