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owners or reputed owner of the assessed parcels containing the <br />information required by E.C. 7.190 and enclose therewith an <br />application for paying the assessment in installments according to <br />the terms set forth in Section 4 of this ordinance. The notice <br />required herein shall also declare the Council's characterization <br />of each assessment as a local improvement assessment under section <br />11b~ Art. XI of the Oregon Constitution and advise that such <br />characterization may only be challenged by the petition of ten <br />interested taxpayers filed pursuant to ORS 305,583 within 64 days <br />of the date of the notice sent. Such notice may also include <br />information regarding programs that allow the deferral of payment <br />of the assessments for qualified property owners. <br />Section 9. The unpaid assessments and local and regional <br />development charges and any assessment to be paid in installments <br />that is in default shall be foreclosed as provided in E . C . 7.2 2 5 ~ 2 } <br />yr collected as otherwise provided by law. <br />Section 10. Proceeds from the payment ar foreclosure of <br />assessments levied by this ordinance shall be deposited to the City <br />funds as follows: <br />14.1 The determination to use a rate of $0.45/square foot <br />of total lot for the local system development charge under <br />E, C. 7.745 et seq is ratified and the proceeds therefrom shall <br />be used to reimburse the City for the cost of the extra <br />capacity required in the sewer interceptor system to serve <br />properties within the River Road and Santa Clara area; and <br />10.2 The proceeds from the regional development charge shall <br />DEF ORDINANCE Page 7 <br />