How the council decides on a refunding plan

(a) After the hearing, the council shall consider any protests or suggestions that may have been made or filed and whether sufficient valid protests have been filed to compel it to abandon the proposed refunding plan. If the council still has jurisdiction to continue, it shall then proceed to determine whether the refunding plan shall be adopted as proposed, or adopted with modifications. In the latter event, the city clerk shall be directed to give notice again of the hearing as provided in § 14-13.2 (a)(2). If after such initial and further advertisement and hearing, the council determines to proceed with the refunding measure, it shall by ordinance adopt the refunding measure. (b) Should the refunding plan provide for the issuance of new improvement district bonds or general obligation bonds, the ordinance shall approve of the assessment roll and incorporate the same by reference, which assessment roll as provided in § 14-10.8 , shall contain only the names of the property owners who have not fully paid the assessments originally provided for the payment of the outstanding improvement bonds and shall provide for the imposition of new assessments in amounts sufficient to retire the improvement district refunding bonds or the general obligation refunding bonds to be issued. (c) On the effective date of the ordinance, the amounts of the several assessments so listed, advertised, or incorporated, not previously objected to, shall conclusively be presumed to be just and equitable and not in excess of the special benefits accruing or to accrue by reason of the original improvements. On the effective date of the ordinance as provided above, all assessments therein made shall be a lien in the same manner and to the same extent as provided in § 14-11.4 . However, in no case shall this new assessment constitute a lien on property that has been discharged from the payment of the original assessment. )