The Town may levy and collect taxes in the form
of special assessments upon property in a limited and determinable
area for special benefits conferred upon the property by the installation
or construction of water mains, sanitary sewer main, stormwater sewers,
curbs, and gutters; by the construction and paving of public ways
and sidewalks or parts thereof; and for other public improvements
and projects, and 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 Town, and any other item of cost which may reasonably
be attributed to the project.