Special Assessment Levy; Limitation on Amount

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Sec. 10. (a) The works board shall levy special assessments for the amount determined under section 9 of this chapter if:

(1) the contract for construction of the system is executed; and

(2) the system is constructed.

(b) The special assessments levied under this section may not exceed the cost of construction of the system.

As added by P.L.7-2002, SEC.1.


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