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may also include information regarding programs that allow the <br />deferral of payment of the assessments for qualified property <br />owners. <br />Section S. 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. <br />7.225~2~ or collected as otherwise provided by law. <br />Section 9. Proceeds from the payment ar foreclosure of <br />assessments levied by this ordinance shall be deposited to the City <br />funds as follows <br />9.1 The determination to use a rate of $0.025/square foot of <br />total lot for the local system development charge under E. C. <br />7.705 et seq is ratified and the proceeds therefrom shall be <br />used to reimburse the City far the cost of the extra capacity <br />required in the sewer interceptor system to serve properties <br />within the River Road and Santa Clara area; and <br />9.2 The proceeds from the regional development charge shall <br />be deposited to the appropriate fund; and <br />9.3 The balance of the proceeds shall be deposited to the <br />City funds which advanced the cost of the construction of the <br />sanitary sewer system serving the properties assessed herein <br />and may be used to reimburse the City for its costs in <br />LMV ORDINANCE - Page S <br />