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At the public hearing on the assessment roll, the council shall consider protests submitted by owners of property to be assessed, as to the amounts of such assessments. Protests must be in writing and must be received by the town clerk no later than the close of business on the business day next preceding the public hearing. Protests must include the name and address of the protesting property owner, a reasonable description of the property to which the protest relates, and a statement of the reasons for the protest. After such hearing the council may or, if bonds have been delivered for the district, shall adopt the assessment ordinance on second reading with such modifications as the council may deem appropriate, if any. Such ordinance shall be a final determination of the regularity, validity and correctness of the proceedings relating to the assessment roll, of each assessment contained therein, and of the amount of each assessment levied on each tract and parcel of land, and such determination by the council shall be conclusive upon the owners of the property assessed; provided, however, that if assessments are levied on the basis of less than the entire cost of the improvements to be assessed, additional assessments may subsequently be levied for the remaining costs to be assessed. (Ord. 9, Series 1988)