There is hereby established a Board of Assessments for the Borough of
Lavallette pursuant to N.J.S.A. 40:56-21.
The Board of Assessments shall be responsible for the making of all
assessments for local improvements under N.J.S.A. 40:56-1 et seq. The Board
of Assessments shall also be responsible for the conducting of hearings regarding
local assessments in connection with local improvements in accordance with
N.J.S.A. 40:56-26. The Board of Assessments shall have the power to examine
witnesses under oath to be administered by a member of such Board. The Board
of Assessments shall make a just and equitable assessment of the benefits
conferred upon any real estate by reason of any local improvement, having
due regard to the rights and interest of all persons concerned, as well as
to have the value of real estate benefited.