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(3} When the final casts of the improvement are mare than the total <br />initial assessments., the Caunci 1 may declare the deficit by motion and: <br />(a~ Determine that the cast of preparing a proposed deficit assess- <br />ment is not ,justified and authorize the expenditure of City funds to pay <br />the deficit; or <br />(b~ Prepare a proposed deficit assessment. <br />Section 6. Upon enactment of this ordinance, the city Finance Officer <br />shal l send notice of the assessments by first class to the owners of the <br />assessed parcels containing the information required by Section 7.190 of the <br />Eugene Cade, 1971, and enclose therewith an application for paying the assess- <br />ment in installments according to the terms set forth in Section 4 of this <br />ordinance. <br />Section 7. This Ordinance shall be effective an the day upon which the <br />first partial payment is made to the contractor performing the contract <br />identified in item 1 of the findings. <br />Passed by the City Council this <br />~'~da of 198 <br />y ~ ~„ <br />City Retarder <br />Approved by the Mayor this <br />day ,S 1982 <br />Mayor <br />ORDI~IANCF - S <br />