The benefit assessment authorized by this chapter shall be billed annually by the City with all funds collected to be placed in an account separate from the City’s General Fund to be expended in accordance with this chapter and subsequent resolutions and fund management agreements. The levy of assessments will be accomplished by mailing assessment notices to all businesses as herein defined within the District by first class mail in conjunction with the City’s annual business license renewal notice. Any business exempt from paying City business license fees shall be assessed in January of each year. The City shall collect all assessments and any penalties hereon as required by this chapter. (Ord. 7317-NS § 3 (part), 2013)