(a) The Planning Commission may, from time to time, recommend to Council the acquisition of private property or an interest in private property that does not conform in use or structure to the regulations and restrictions of the various districts defined in this Zoning Code, and may recommend the removal of such use or structure.
(b) The Commission shall submit its reasons and estimates of costs and expenses of such acquisition and removal and the probable resale price of the property to be acquired after removal of the nonconformity, as obtained from the appropriate City department, board or commission. The Commission shall recommend that portion of the difference between the estimated cost of acquisition and removal of the nonconformity and the probable resale price which, in its opinion, should be assessed against a benefitted district.
(c) Whenever Council has under advisement the acquisition by purchase, condemnation or otherwise, as provided by law, of any nonconforming building, structure or use, a preliminary public hearing thereon shall be held before Council. Not less than fifteen (15) days before the hearing, a notice of the time, place and purpose of such public hearing shall be published in a newspaper circulating in the City, and the City Clerk shall send by mail, addressed to the owner of any such property at the address given in the last assessment roll, a written notice of the time, place and purpose of such hearing. If the cost and expense, or any portion thereof, is to be assessed to a special district, a City Assessor shall be directed to furnish Council with a tentative special assessment district, a tentative plan of assessment, the names of the respective owners of the property in such district and the addresses of such owners as given in the last assessment roll. The City Clerk shall also send the notice to the respective owners listed in the tentative assessment district.
(d) Whenever Council, after a public hearing as required in subsection (c) hereof, declares, by resolution, that proceedings be instituted for the acquisition of any property on which is located a nonconforming building, structure or use in accordance with the laws of the State, the City Charter, this Zoning Code and other applicable ordinances of the City, the City Clerk shall send, by registered mail, a certified copy of such resolution to the respective owners of the properties in any special assessment district, at the addresses given in the last assessment roll.
(e) Upon the passing of title to the private property so acquired, as provided in subsection (d) hereof, to the City, Council shall cause the discontinuance or removal of the nonconforming use or the removal, demolition or remodeling of the nonconforming structure. Council shall thereafter order such property sold or otherwise disposed of, but only for a conforming use. Council shall confirm the cost and expense of such project and report any less cost to the City Assessor, who shall then prepare an assessment roll in the manner provided for in the City Charter, these Codified Ordinances and other applicable ordinances of the City. Such assessment roll may, in the discretion of Council, be in one (1) or more, but not more than five (5), annual installments.