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~c}, The level of petitioner's investment in local improve- <br />ments being constructed to serve the area; <br />~d} The availability of private capital or other means to <br />finance local improvements to undeveloped property; <br />fie} The payment history of petitioners on other local improve- <br />ment assessments; <br />~f} Any other factors the council deems significant. <br />.~1} After considering a report furnished under subsection 7.1606}, <br />the council may: <br />~a} Order the local improvement to be made and direct the <br />city engineer to prepare plans and specifications for the improve- <br />ment and to call far bids on the construction contract; <br />fib} Modify the improvement, order it to be made as modified, <br />and direct the city engineer to prepare plans and specifications <br />for the mad~f~ed improvement and to call for bids on the construc- <br />tion contract; <br />~c} Require additional information about the improvement; or <br />~d} Decide not to make the improvement. <br />Section 16. Section 7.165 of the Eugene Code, 1971, is amended to pro- <br />vide: <br />7.165 Local Im rovements - Public Notice and Call for Bids. <br />~1} In a newspaper of general circulation in the city the city <br />engineer shall give public notice of the proposed local improvement at least <br />ten days before the public hearing on the improvement. The notice shall <br />state: <br />~a} The estimated total cost of the proposed improvement and <br />haw the cost shall be borne. <br />fib} When and where a public hearing on the improvement will be <br />held. <br />. ~c} The date the counci l directed preparati an of plans and <br />spec~f~cat~ons for the improvement, or the date and description of <br />the city engineer's finding required by subsection 7.1608}. <br />~d} The date by which the impravement is to be completed. <br />fie} Who may remonstrate against the improvement. <br />~f} Haw such a remonstrance may be made. <br />~~~ By first-class mail the city engineer may also notify owners <br />of,property in the contemplated improvement district of the public hearing <br />prior to formation of the improvement district. The notice shall include <br />the information contained in the newspaper notice required by this section <br />and shall identify far each owner the property to be assessed for the pro- <br />posed local impravement. <br />Section 17. Section 1.166 of the Eugene Cade, 1911, is amended to pro- <br />vide: <br />Ordinance - 1 <br />