Ordinance No. 19555 - Laserfiche WebLink

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ORDINANCE N0, 19555 AN ORDINANCE CONCERNING DEFERRAL OF ASSESSMENTS; AMENDING SECTIONS 7.195, 1.205, 7.21D, 7.215, AND x'.220 OF THE EUGENE CODE, 1971; AND PROVIDING AN EFFECTIVE DATE. THE CITY OF EUGENE DOES ORDAIN AS FOLLOWS: Section 1. Sections 7.195, 7.205, 7.210, 7.215, and 1.220 of the Eugene Code, 1971, are amended to provide: 7.195 Local Im rovements - Deferral, Extension, or Modification of Pa ment of Assessment - Eli ibilit far Im rovement Assistance Pro rams. ~1} For purposes of the improvement assistance programs described ~n this section: ~a} A property owner is a natural person who resides on and is the sole owner af, or a husband and wife who reside on and one ar both of whom exclusively own, real property regarding which assessment payments are brought within, or proposed to be brought within, the programs. fib} Federal poverty level income is the income established for an owner, owners who are husband and wife, or owners} with dependents as set forth in the publication of the U. S, Department of Health and Human Services entitled "Poverty Income Guidelines by Family Size" or any successor replacement publication. .~2} To the extent that funds are available in the Local Improve- ments Assistance fund, deferral, extension, or modification of payments on assessments for local improvements, for assessments under section 7.154 and for nuisance abatement liens shall be accorded eligible real ro ert owners. . P P Y . ~a} To,be el~g~ble for deferral of assessment payments under this subsection: 1. The real property owner shall be sixty-two X62} years of age or more, or, i f a husband and wife, one shat 1 be so; 2. The owner's annual income may not exceed thirty-five percent X35/} of the latest Lane County median family income recognized on July 1 of each year by the Department of Housing and,Urban Development, or forty percent ~4D%} of that median family income if the owner is a husband and wife; plus an additional five percent ~5%} of the lane County median family income for each dependent residing on the property and related to the owner by blood or marriage in the first or second degree; 3. The owner may not, or if the owner is husband and wife neither may, own assets in addition to the property of res~ Bence and ~ is household furnishings worth mare than four ~4} times the allowable income under subpart ~a}2. of this subsection, except that assets producing any part of the in- come counted in subpart ~a}2. of this subsection shall be ex- Ordinance - 1