For purposes of the assessments to be imposed pursuant to this chapter, the City Council may make a reasonable classification of businesses, giving consideration to various factors, including general benefit to businesses and the degree of benefit received from proposed improvements and activities within the District. All businesses, trades and professions including, insurance, financial institutions and new businesses as specified in the Act and located within the District shall, commencing November 28, 1996, shall be classified and assessed as set forth as follows in Table 7.96.040. Businesses with multiple locations within the District shall be assessed for sales at each location. Business owners with multiple business activities or business licenses at the same location shall be assessed only once but at the highest applicable rate at that location. Multiple businesses with separate ownership at the same location shall each pay an assessment at the applicable rate. (Ord. 6345-NS § 5 and Exh. B, 1996)