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plan at any time. The payday lender may not assess any penalty, fee or other <br />charge to the borrower for early payment on the payment plan. <br />(6) A payday lender's violation of the terms of a payment plan entered into with <br />a borrower under this section constitutes a violation of sections 3.550 <br />through 3.560 of this code. If a payday lender enters into a payment plan <br />with a borrower through a third party that is representing the borrower, the <br />payday lender's failure to comply with the terms of that payment plan <br />constitutes a violation of sections 3.550 through 3.560 of this code. <br /> <br /> <br /> <br />Section 3. <br /> The City Recorder, at the request of, or with the concurrence of the City <br />Attorney, is authorized to administratively correct any reference errors contained herein or in <br />other provisions of the Eugene Code, 1971, to the provisions added, amended or repealed herein. <br />Section 4. <br />Pursuant to the provisions of the Eugene Charter of 2002, this Ordinance shall <br />become effective 30 days after its passage by the City Council and approval by the Mayor except <br />as provided in this Section 4. Notwithstanding the addition of Sections 3.550 through 3.560 to <br />the Eugene Code, 1971, no citations or other enforcement actions shall be issued or taken for <br />violation of Section 3.552 providing the Payday Lender has, within 60 days of the effective date <br />of this Ordinance, applied for and obtained a license from the City to operate as a Payday <br />Lender. <br /> <br />Passed by the City Council this Approved by the Mayor this <br /> <br />____ day of ______________, 2006. ____ day of _______________, 2006. <br /> <br /> <br />_______________________________ ______________________________________ <br />City Recorder Mayor <br /> <br />Ordinance - 3 of 3 <br />L:\CMO\2006 Council Agendas\M060710\S0607103-attA.doc <br /> <br />