Credit on assessments against acquired land

In the event land has been acquired by condemnation and in the award in such proceedings there has been deducted from the compensation or damages otherwise payable to the landowner any amount by reason of the fact that land of such landowner not sought to be condemned would be benefited by the improvements proposed to be made subsequent to the condemnation, then the amount for which such land not sought to be condemned would otherwise have been assessed shall be credited with the amount that was deducted in such award for benefits by reason of the improvements proposed to be made in levying any assessments pursuant to this article against such land not sought to be condemned. In such cases, the resulting reduction in the total amount which would otherwise have been assessed against lands within the improvement district shall be deemed charged against the acquisition costs included in the estimate of cost of the improvement. (Ord. 801 § 1 (part), 1974: prior code § 25-6.1.3)