Contents of a special assessment ordinance.
Section 38
SEC. 38. Contents of a special assessment ordinance. - The ordinance providing for the levying and collection of special assessnent shall describe in terms of reasonable accuracy, the nature, extent and location of the proposed improvement; the probable cost of the improvement; the rate per centum oi the cost to be defrayed by special assessment; the district which shall be subject to the payment of the said per centum of the proposed improvement, delimiting the same by metes and bounds, and the number of annual installments, which shall not be less than five, in which such special assessment shall be paid without any interest. The municipal council shall not be required to fix an equal rate per centum for all the taxable real estate in the entire district, but may fix different rates for real estate in different parts or sections of die saiie, according as said property will derive greater or less benefit from the contemplated improvement.