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Upon approval of a latecomer application, the public works department shall formulate a preliminary assessment reimbursement area and preliminary assessment amount for each real property included in the preliminary assessment reimbursement area as follows:

A. For street system improvements, the assessment reimbursement area shall be formulated based upon a determination of which parcels adjacent to the street improvements would require similar street improvements upon development or redevelopment.

B. For utility system improvements, the assessment reimbursement area shall be formulated based upon a determination of which parcels in the proposed area would require similar utility system improvements upon development or redevelopment, or would be allowed to connect to or use the utility system improvements.

C. A pro rata share of the cost of the improvements shall be allocated to each property included in the assessment reimbursement area based upon the benefit to the property owner. The method or methods used to calculate the allocation of the assessment may be either front footage, number of units, square footage, zone and termini method, or other equitable method, as determined by the city. [Ord. 2016-09-034 § 1; Ord. 2014-06-033; Ord. 2004-01-003 § 4; Ord. 10906 § 2, 1997. Formerly 14.02.050].