How Reassessments Work

Reassessments shall be made and collected in the same manner, as nearly as may be, as original assessments are made and collected, with the proceeds of collection of the reassessments used to pay principal and interest, and premiums, if any, due and payable on the bonds originally issued, unless no bonds were issued upon the security of all or a portion of the original unpaid assessments, in which event bonds shall be issued upon the security of all of the unpaid reassessments, or the portion thereof which replace unpaid original assessments upon the security of which no bonds were issued, in the same manner, as nearly as may be, as bonds are issued upon the security of original assessments, and the provisions of this article applicable to original assessments, except section 14.38.110 , shall apply to reassessments unless the context clearly indicates otherwise; provided, however, that the provisions of sections 14.56.040 through 14.56.120 shall govern insofar as same conflict with or vary from other provisions of this article. (Ord. 801 § 1 (part), 1974: prior code § 25-10.3)