Item 4: Ordinance Levying Assessments for Elmira Road

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posted on the City’s web site on the same date, as required by Section 28(1) of the Eugene Charter of 2002. G. The Council has reviewed and considered the assessment report of the City Engineer and Finance Officer and the hearings official's findings and summary, and based thereon, THE CITY OF EUGENE DOES ORDAIN AS FOLLOWS: Section 1 . The hearings official’s summary is made a part of the Council's record in these proceedings, and the hearings official's findings, including those regarding compliance with EC 7.160 to 7.190, attached as Exhibit B, which is incorporated herein by reference, are adopted. Section 2 . The actual assessable cost of the local improvement comprised of paving, and constructing curbs, gutters, sidewalks, street lights, stormwater drainage, water quality facilities, on Elmira Road from Bertelsen Road to Maple Street and on Maple Street from Elmira Road to Roosevelt Boulevard is $617,689.06, which is assessed against the parcels of property hereinafter described on Exhibit C in the amounts set opposite, respectively. Section 3 . The City Council hereby determines and assesses each lot and part of lot within the described local improvement district as set forth on the assessment roll attached as Exhibit C, which is incorporated herein by reference. Section 4 . The City Council hereby determines that each parcel of land or lot described above is specially benefited to the extent of the assessment set forth. The Finance Officer shall give notice of the assessments to the owners of the assessed parcels and inform them that the assessment may be paid in full, without interest, within ten days of the effective date of this ordinance. Assessments that remain unpaid after the ten day period are declared to be liens upon the respective lots, parts of lots or parcels of land against which said several amounts are assessed, and may be paid, with interest on the unpaid principal amount commencing ten days after the effective date of this ordinance: 4.1 In up to thirty semi-annual installments, including principal and interest at the rate set by the City Manager as provided in EC 2.022 through 2.024. 4.2 If the property owner so elects, up to 180 monthly installments, including principal and interest at the rate set by the City Manager as provided in EC 2.022 through 2.024 plus a service charge determined by the City Manager as provided in EC 2.020. Section 5 . The City Recorder is directed to enter in the docket of City Liens a statement in connection with each unpaid assessment containing the following: 5.1 A description of each lot, part of lot or acreage specially benefited by the local improvement; Ordinance - Page 2 of 3