§ 22-16. Computation of assessments.

The assessment and payment of the cost of any such project shall be subject to and implemented and shared, respectively, as follows:

(a)

Where the thoroughfare section to be paved includes curb and gutter, each tract or parcel of real estate abutting (on that side) shall bear all one hundred (100) percent of the cost of curb and gutter installation (on that side) and one-third ( 1/3 ) percent, thirty-three and one-third (33 1/3 ) percent of the cost of the street improvements, abutting said tract or parcel of real estate; and the city shall bear the balance of such cost, i.e., one third ( 1/3 ) percent, thirty-three and one-third (33 1/3 ) percent of the cost of the street improvement other than curb and gutter, and all one hundred (100) percent of cost of improvements as to intersections and drainage structures.

(b)

Where the thoroughfare section to be paved is a highway section without curb and gutter, each tract or parcel of real estate abutting (on that side) shall bear one-third ( 1/3 ) percent, thirty-three and one-third (33 1/3 ) percent of the cost of the street improvement abutting said tract or parcel of real estate; and the city shall bear the balance of such cost, i.e., one-third ( 1/3 ) percent, thirty-three and one-third (33 1/3 ) percent of the street improvement without curb or gutter, and all one hundred (100) percent of cost of improvement as to intersections and drainage structures.

(Res. of 7-1-1964, § 2)