Whenever any land against which there has been levied any special assessment by the city shall have been sold in part or subdivided, the city council shall have the power to order a segregation of the assessment.

Any person desiring to have such a special assessment against a tract of land segregated to apply to smaller parts thereof shall apply in writing to the city. If the city council determines that a segregation should be made, it shall by resolution order the city treasurer to make segregation on the original assessment roll as directed in the resolution. The segregation shall be made as nearly as possible on the same basis as the original assessment was levied, and the total of the segregated parts of the assessment shall equal the assessment before segregation. The resolution shall describe the original tract, the amount and date of the original assessment, and shall define the boundaries of the divided parts and the amount of the assessment chargeable to each part. A certified copy of the resolution shall be delivered to the city or town treasurer who shall proceed to make the segregation ordered upon being tendered payment of the fees hereinafter provided. No segregation need be made if the council shall find that by such segregation the security of the lien for such assessment will be so jeopardized as to reduce the security for any outstanding local improvement district obligations payable from such assessment. In such instance the city treasurer shall determine such question of fact. Nor shall segregation be made of any assessment which has been delinquent for a period of two years or more. No segregation of any assessment on unplatted lands or large platted tracts shall be made until a plat thereof has been furnished to the designated official by the applicant for segregation showing that the proposed segregation of property will conform to the system of streets as platted in adjacent territory. In all such instances the designated official shall determine such question of fact. (Ord. 5884 § 2, 2009.)