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(3) When the final costs of the improvement are more than the total <br />initial assessments, the Council may declare the deficit by motion and: <br />(a) Determine that the cost of preparing a proposed deficit assess- <br />ment is not justified and authorize the expenditure of City funds to pay <br />the deficit; ar <br />(b) Prepare a proposed deficit assessment. <br />Section fi, Upon enactment of this ordinance, the city Finance Officer <br />shall send native of the assessments by first class to the owners of the <br />assessed parcels containing the information required by Section 1.190 of the <br />Fugene Cade, 1911, 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 1. This Ordinance shall be effective on 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 />day of ~OU'~1~~~' , 198 <br />City Recur er <br />Approved by the Mayor this <br />a OIJ~ 198 <br />r <br />d/a:ordinanc <br />QRDINA~ICE - 5 <br />~, ~ ~ ~ <br />,, <br />