Ordinance No. 19138 - Laserfiche WebLink

Home Browse Search

/9/ifs graph is added immediately following subparagraph ~n~, to read and provide: 3.760 ~.m~ The tax for which the owner of a parcel is liable on~the basis of the computations prescribed by this section shall be due and payable on the following dates: one- third on November 15 of the fiscal year for which. the tax is levied, one-third on February 15 of that fiscal year, and one-third on May 15 of that fiscal year. A discount of three percent shall be allowed if the total tax for the year is paid prior to November 16 of that year. Any portion of the tax not paid when it becomes due under this schedule shall bear interest at a rate established pursuant to sec- . tion 2.OZ2 of this code until the portion is paid. The date of payment, for purposes of timeliness, shall be the date of its personal delivery to the finance officer or his ar her designee, or its postmark date, whichever is the earlier. ~_n~ If an adjustment made by the finance officer in a tax assessed hereunder .results in an overpayment of taxes, the finance officer shall apply the amount thereof to other taxes due and owing from the owner who paid the taxes, and refund the balance, if any, or the entire overpayment if no other taxes are due, to that owner. Interest,. at a rate established pursuant ~ta section 2.02 of this code, shall be paid on any amount refunded, and shall accrue from the date of the original payment to the date of refund. For purposes of this section, "owner" means the owner of record on the~Lane County tax rolls on duly l of the year in which the tax is assessed, unless the finance director receives a written notification of a change in ownership subsequent to that date. Section 4. There is hereby added to the Eugene Code, 1971, a new section, to be numbered and provide: 3.767 Ad valorem Taxation in Downtown Development District Rules. In administering the ad valorem taxation pro- gram.in the Downtown Development District, the finance officer shall develop rules and regulations, consistent with other pro- visions. of this code, that provide for the resolution by ad- ministrative action of matters such as, but not limited to, a determination of adjustments in taxes based on changes in assessed valuations, and such other matters as the finance officer deems necessary for the proper administration of the program. The rules and regulations shall be in writing, and reviewed and approved by the Downtown Commission prior to Ordinance -- 2