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The council shall have full power and authority to abandon and rescind proceedings for local improvements made pursuant to BC 3.02.010 through 3.02.235 at any time prior to the final completion of the improvements.

A. If the local improvement district has been formed in a manner other than by BC 3.02.035, and if liens have been assessed upon any property under the procedure, they shall be canceled, and payments made on the improvements shall be refunded to the person, or the person’s assigns or successors, paying the same to the extent the payments exceed the cost of improvements which specially benefit the property as determined by reassessment. The council may reassess property in the improvement district based upon the costs of the special and peculiar benefits accruing thereto from any improvement made prior to abandonment of the proceedings or may recover the cost of the improvements by any other method authorized by law.

B. If the local improvement district was formed pursuant to BC 3.02.035, the finance director shall determine the special and peculiar benefits accruing to property within the district. The liens created by the original assessment shall remain in effect until the amount determined by the finance director to represent the special and peculiar benefits accruing to the property after abandonment has been paid. In addition, the City may recoup the costs of the special and peculiar benefits in any manner provided by law. The obligation to repay the cost of those benefits is a personal obligation of the petitioner and is secured by a lien on the property. [Ordinance No. 3413, 10/23/84; amended by Ordinance No. 3466, 9/17/85]