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which said several amounts are assessed, and may be paid, with interest on the <br />unpaid principal amount commencing ten days after the adoption of this <br />ordinance: <br />4. I In up to twenty semi -annual i ns~tal l meats, including pri nci pal and <br />interest at the rate set by the City Manager as provided in E.C. 2.022 through <br />2.024. <br />4.2 If the property owner so elects, in Ito monthly installments, <br />including pri nci pal and interest at the rate set by the City Manager as provided <br />in E.C. 2.022 through 2.024 plus a service charge to be determined by the City <br />Manager as provided in E.C. 2.020. <br />Section 5. The City Recorder is directed to enter in the docket of City <br />Liens a statement in connection with each unpaid assessment captaining the <br />fol l awl ng: <br />5.I a description of each lot, part of lot or acreage specially <br />benefitted by the local improvement; <br />5.2 The name of the owner ar reputed owner thereof, that the name of the <br />owner is unknown; and <br />5.3 The sum assessed upon said property, the amount and date from which <br />interest accrues, and the date of entering the same i n the docket of City Liens. <br />Section fi. Upon enactment of this ordinance, the City Finance officer <br />shall send notice of the assessments by first class to the owners ~of the <br />assessed parcels containing the information required by Section 7.I90 of the <br />Eugene Code, I9l~I, and enclose therewith any application far paying the assess- <br />ment in installments according to the terms set forth in Section 4 of this <br />ordinance. <br />ORDINANCE ~ 4 <br />