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Item 3 - Ordinance Concerning Public Improvements
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Item 3 - Ordinance Concerning Public Improvements
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8/10/2007 10:56:02 AM
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8/13/2007
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ATTACHMENT A <br />(3) <br /> Deferrals under subsection 7.195(3) shall accrue simple interest at the <br />annual rate of five percent (5%), or, if the city [pays] borrows money <br />from the state, [for money the city borrows] the rate charged by the <br />state to fund the Sewer Assessment Deferral Loan Program. Such <br />interest shall accrue from the date the assessment is levied until the <br />deferral ends and shall be paid at the end of the deferral. When the <br />deferral ends payment of the amounts deferred shall be made as <br />provided in section 7.220. <br /> <br /> <br />Section 13. <br /> Subsection (j) is added to 7.210 of the Eugene Code, 1971, to <br /> <br />provide: <br /> <br />7.210 Local Improvements - Termination of Deferral, Extension, or <br />Modification of Assessment Payments <br />. A deferral, extension, or <br />modification of assessment payments shall end if: <br /> <br />(j) The parcel for which the deferral has been granted shall not have <br />more than two (2) years of property taxes outstanding. <br /> <br /> <br />Section 14. <br /> Subsection (3) of Section 7.220 of the Eugene Code, 1971, is <br />amended to provide: <br />7.220 Local Improvements - Deferral, Extension, or Modification of <br />Assessment Payments - Liens <br />. <br /> <br />(3) <br /> When an owner eligible for deferral under subsection 7.195(3) fails [for <br />two consecutive years] after one year to be eligible for the deferral <br />previously granted, only the portion of the deferral for which the owner <br />is no longer eligible plus accrued interest thereon shall be paid as <br />provided in subsection 7.190(2). If the owner fails to make the <br />payments as provided in subsection 7.190(2), the finance officer may <br />collect the entire amount of the city's lien against the owner's property <br />as provided in subsection 7.225(2). <br /> <br /> <br />Section 15. <br /> Subsections (1) and (3) of Section 7.290 of the Eugene Code, 1971, <br />are amended to provide: <br />7.290 Construction and Use of Public Way - Permit Required; Standard <br />Specifications <br />. <br />(1) <br /> As used in this section, "work affecting the public way" includes, but is <br />Ordinance - <br />14 <br /> <br />
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