Fixing the amount of special levy.
Section 53
SEC. 53. Fixing the amount of special levy.—The special levy authorized under Section forty-seven hereof shall be apportioned, computed, and assessed according to the assessed valuation of such lands, as shown by the books of the assessor, or its current assessed value as fixed by said officer in the first instance if the property does not appear of record in his books. Upon the approval of the ordinance, the provincial or city assessor shall forthwith proceed to determine the annual amount of special tax assessed against each parcel of land comprised within the district especially benefited and shall send to each landowner a written notice thereof by ordinary mail. If upon completion of work it should appear that the cost thereof is smaller or greater than the estimated cost of the work, the provincial or city assessor shall without delay proceed to correct the assessment by increasing or decreasing, as the case may be, the special tax on each parcel of land affected, for the balance of the unpaid annual installments. If all annual installments have already been paid, the provincial or city treasurer shall fix the amount of credit to be allowed to, or the additional special tax to be levied upon the land, as the case may be. In all cases, he shall give notice of such rectifications to the parties interested.