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City may use any method or combination of methods to compute assess- <br /> ments which may be deemed to fairly reflect the special benefits to <br /> the properties being assessed, and such mode of assessment shall be <br /> substantially as follows : <br /> Approximately 32 . 6% of the amount to be charged the properties <br /> specially benefited shall be charged to the properties lying between <br /> the termini of the improvement and extending back from the marginal <br /> lines thereof to the middle of the block (or 90 feet back, whichever <br /> is greater) on each side thereof, and approximately 67 . 4% of the amount <br /> to be charged shall be charged to the remainder of the properties in <br /> the district. Assessments shall be compu based upon gross property <br /> areas with two zone designations whip/e lect a combination of prox- <br /> imity to the improvement and pa • nc1 deficiencies , being a core and a <br /> peripheral zone . A benefit f or of 100% shall be applied (a..,,/9.it <br /> the assessment area in Oa' re zone, and a factor o 50% shall b <br /> applied in the' peria zone . The net assessor area multplied by <br /> the zone factor (relative benefit fa r) shall determine the assess- <br /> ment units . A, cr dit system ford cert n qualified properties presently <br /> offering off-street parking shall be established, and property area <br /> credits shall be allocated for parking provided in all permanent <br /> structures and for an appropriate portion of those surface lots in <br /> areas where the City zoning ordinance requires that parking be provided. <br /> The area subject to credit shall be deducted from the gross property <br /> area to calculate the assessment area. <br /> Section 5 . The City shall finance the remaining cost and <br /> expense of the acquisition of said land and construction of said off- <br /> street parking facility thereon by the issuance and sale of off-street <br /> parking revenue bonds in one or more series to be paid out of the <br /> revenues derived from the operation of said facilities and in addition <br /> thereto from such amount of revenues from on-street parking meters as <br /> the City shall hereafter determine to pledge for such purpose . <br /> -5- <br />