Assessment of the special tax against tax against the real estate affected.
Section 40
SEC. 40. Assessment of the special tax against tax against the real estate affected. - Upon the approval of the special assessment ordinance, tre official whose duty it is to assess taxable property within the special municipalities, shall forthwith proceed to determine the special tax payable by each realty each year during the period fixed by the ordinance, upon the basis of the extimated coast of the work and the total and parcel value of the real estate comprised within the district specially benefited and shall notify each owner by registered mail of the special tax assessed against each property owned by him in the district benefited; but if upon the completion of the improvement, it should appear appear that the cost has been less or more, the engineer of the special municipalities shall so certify forthwith to the official who made the assessment, who shall thereupon proceed to rectify the assessment, reducing or increasing, as the case may be, the special tax to be collected upon each property for the unpaid fixing the amount to be credited to the additional tax to be collected from the realty, as the case may be, and shall notify the persons interested of such rectifications.