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5.3 The sum assessed upon said property, the amount and date <br />from which interest accrues, and the date of entering the same in <br />the docket of City Liens. <br />Section 5. U on enactment of this ordinance, the City Finance <br />p <br />officer shall send notice of the assessments by first class to the <br />owners of the assessed parcels containing the information required <br />b Section 7.194 of the Eugene Code, 1971, and enclose therewith <br />Y <br />an a lication for paying the assessment in installments according <br />pP <br />to the terms set forth in Section 4 of this ordinance. <br />Section 7.~Any assessment remaining unpaid and far which no <br />a lication for installment payments has been received may be <br />pP <br />foreclosed as provided by law. The proceeds from the payment or <br />foreclosure of assessments levied by this ordinance shall be <br />de asited to the city funds which advanced the cost of construc- <br />P <br />tion en ineering and related expenses or which are used to retire <br />r g <br />any indebtedness incurred by the City for this improvement. <br />Section 8, That the matters contained herein affect the <br />ublic welfare and safety and therefore, an emergency is hereby <br />P <br />declared to exist, and this ordinance shall become effective <br />immediately upon its passage by the City Council and approval by <br />the Mayor, retention by the Mayor for more than ten days, or <br />reado tion over a mayoral veto by two-thirds of all members of the <br />P <br />Council. <br />Passed by the City Council this <br />~('~`~ day of /Un~r~vtp,EQ , 199 <br />City corder <br />Approved by the Mayor this <br />"I ~da of ,~ 199 ~ <br />~L <br />Mayor <br />ORDINANCE - 5 <br />