The city may levy and collect taxes in the form of special assessments
upon property in a limited and determinable area for the special benefits
conferred on that property by the construction, operation and maintenance
of water or sewer mains, curbs, gutters, public ways, storm drainage
systems, public parking facilities, pedestrian malls, street and area
lighting and other special public facilities and services for the
area. It may provide for the payment of all or any part of the above
projects out of the proceeds of the special assessment. The cost of
any project to be paid in whole or in part by special assessments
may include the direct cost thereof, the cost of any land acquired
for the project, the interest on bonds, notes, or other evidences
of indebtedness issued in anticipation of the collection of special
assessments, a reasonable charge for the services of the administrative
staff of the city, and any other item of cost which may reasonably
be attributed to the project.