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principal and interest at the rate set by the City Manager as <br />provided in E.C. 2.022 through 2.D24. <br />4.2 If the property owner so elects, in 120 monthly install-- <br />meats, including principal and interest at the rate set by the City <br />Manager as provided in E.C. 2.022 through 2.D24 plus a service <br />charge to be determined by the City Manager as provided in E.C. <br />2.020. <br />Section 5. The City Recorder is directed to enter in the docket <br />of City Liens a statement in connection with each unpaid assessment <br />containing the fallowing: <br />5.1 A description of each lot, part of lot or acreage <br />specially benefitted by the local improvement; <br />5.2 The name of the awner or reputed owner thereof, that <br />the name of the owner is unknown; and <br />5.3 The sum assessed upon said property, the amount and <br />date from which interest accrues, and the date of entering the same <br />in the docket of City Liens. <br />' Upon enactment of this ordinance, the City Finance <br />Officer shall send notice of the assessments by first class to the <br />owners of the assessed parcels containing the information required <br />by E.C. 7.194 and enclose therewith an application for paying the <br />ORDINANCE - 4 <br />