Resolution No. 4526 - Laserfiche WebLink

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J. To minimize administrative costs in processing the collection of system development charges at the time any specially benefited property is connected to the sanitary sewer, the City Engineer and Finance Officer are authorized to allow property owners to include within any assessment to be paid in installments, the system development charge required by the City at the time of assessment. K. The assessments to be levied against specially benefited property are for a capital construction project, shall not exceed actual cost, are for bestowal of a special benefit to specific property or to rectify a problem caused by specific property, shall be imposed in a single final assessment upon completion of the project and may be paid with interest over at least a ten-year period at the property owner's election. NOW THEREFORE, BE IT RESOL VEO BY THE CITY COUNCIL OF THE CITY OF EUGENE, a Municipal Corporation of the State of Oregon, as follows: Section 1. The City Council of the City of Eugene hereby adopts the above findings and incorporates them herein by this reference. Section 2. As used in this resolution the "property specially benefited" or "specially benefited property" means (a) a parcel, upon which there is all or part of a structure in which there is installed a plumbing fixture or otherwise determined by the City Engineer to be developed, and (b) when there is in the same ownership another parcel adjacent to the parcel described in (a) and the adjacent parcel is improved with features which are ancillary to the parcel described in (a) or the adjacent parcel is determined by the City Engineer only to be developable in connection with the parcel described in (a). "Property Resolution - 4