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<br />access to the street. If the property has delinquent local improvement assessments against it, before <br />issuing the curb cut permit, all delinquent assessments shall be brought current. The equivalent <br />assessment shall be determined by the city engineer, taking into account the city policies regarding <br />size of streets assessed to benefitted property, based on the greater of the credit given under <br />subsection 7.730(3) or (4) for the street to which access is proposed or the cost at the time of taking <br />access of local improvement assessments for similar streets. As used in this subsection "cost" <br />includes the expenses identified in section 7.170. Any person aggrieved by the city engineer's <br />determination of the equivalent assessment may seek its review before a hearings official by <br />following the procedures in section 3.060 of this code. The petitioner shall have the burden of proof <br />in such review. <br />(2) Nothing in this section shall prevent the city from creating a local <br />improvement district for street improvements under section 7.1 75 upon a determination that an <br />existing street improvement for which the city has given credit under subsection 7.730(3) and (4) <br />is determined to specially benefit property that did not pay for the street improvements. Such <br />assessments shall be calculated upon the greater of the amount of credit given by the city or the cost <br />of constructing a similar street improvement at the time of the formation of the local improvement <br />district. If a property has been given an equivalent assessment under subsection 7.407(1) it may not <br />be assessed again for the same street improvements. <br />(3) Equivalent assessments required by section 7.175(5) shall be paid at the time <br />of development by the person who receives a permit to develop the parcel as described in section <br />7.17 5( 5)(i). The equivalent assessment shall be calculated by the city engineer based on the factors <br />listed in section 7.175(5)(d), if applicable, and the engineer's estimate of what the costs of the <br />improvement would be if the improvement were constructed at the time of the development giving <br />rise to the obligation to pay the equivalent assessment. <br />( 4) In lieu of paying the equivalent assessment at the time of issuance of the curb <br />cut permit or upon the occurrence of one of the events described in section 7.175(5)(i) 1-4, except <br />where the development involves creation of a subdivision, the person obligated to pay the equivalent <br />assessment may execute and deliver to the finance officer an agreement to pay the equivalent <br />assessment in installments. The finance officer may accept an agreement to pay only if it is <br />consistent with the limits established under subsection 7.160(2) and (3). Equivalent assessments <br />paid as provided in this subsection shall be charged interest on the unpaid principal balance as <br />provided in section 2.022 of this code and are hereby declared a lien against the real property and <br />shall be docketed in the lien docket of the city and may be foreclosed in the same manner as other <br />assessment liens. <br />(5) The equivalent assessment required by this section shall be used for street <br />purposes and shall be in addition to all other fees and assessments required by this code. <br /> <br />Section 3. The City Recorder, at the request of, or with the concurrence of the City Attorney, <br /> <br />is authorized to administratively correct any reference errors contained herein or in other provisions <br /> <br />of the Eugene Code, 1971, to the provisions added, amended or repealed herein. <br /> <br />Ordinance - 8 <br />