§ 10.5. PREPARATION OF THE ASSESSMENT ROLL.

(a)

On or before the first Monday in March in each year, the Assessor shall prepare and certify an assessment roll of all property in the City. Such roll shall be prepared as required by the general property tax act. Values shall be estimated according to recognized methods of systematic assessment. The records of the Assessor shall show separate figures for the value of the land, the building improvements thereon and of personal property. The method of estimating all such values shall be as nearly uniform as possible.

(b)

On or before the first Monday in March, the Assessor shall give, by first class mail, a notice of any change from the previous year in the assessed value of any property or of the addition of any property to the roll to the owner as shown by such assessment roll. The failure to give any such notice or of the owner to receive it shall not invalidate any assessment roll or assessment thereon.