Item 2: Ordinance on Street Assessments

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1. A permit is issued authorizing construction of a new driveway access to the street; 2. A permit is issued authorizing construction of a new street that connects the parcel to the street; 3. Any partition, subdivision or development of the parcel regulated by Chapter 9 of this code is approved; or 4. Construction of a new structure capable of human occupancy. (f) A person who receives a permit to develop a vacant parcel of one- half acre or more before improvements to a local street serving the parcel have been constructed shall not pay an equivalent assessment when the permit is received, but the parcel shall be assessed as otherwise provided in section 7.175 and 7.180 of this code when the street improvements are constructed. (g) A person who receives a permit to develop a vacant parcel of one- half acre or more, whether before or after the improvements to an arterial or collector street serving the parcel have been constructed, shall pay an equivalent assessment in accordance with section 7.407 and subsection 7.180(5)(e). (h) Revenue received as payment of an equivalent assessment required by this subsection shall be used for street purposes and shall be in addition to all other fees and assessments required by this code. Section 5. Section 7.190 of the Eugene Code, 1971, is amended to provide as follows: 7.190 Local Improvements - Assessments - Levy and Notice Thereof . (1) The council by ordinance shall levy assessments on parcels of real property specially benefited by local improvements. Upon enactment of such an ordinance, the finance officer by first class mail shall give notice of the assessments to the owners of the assessed parcels. The notice shall state that each assessment may be paid in full, without interest, within ten days after the date of the assessment ordinance and that, if the assessment is not so paid, interest on the unpaid balance of the assessment will accrue as prescribed in the assessment ordinance until the assessment is paid, unless payment of the assessment is deferred in accordance with chapter 7 of this code[. under section 7.200]. The notice shall also state that the assessment may be paid in installments according to the terms set forth in the assessment ordinance, and shall include an application for so paying the assessment. (2) Unless otherwise specified by this code or by assessment ordinance, reference in this code to making assessment or lien payments in installments shall mean paying the obligation in up to 119 monthly installments or twenty (20) semi-annual installments including principal and interest at the rate set under section 2.022 of this code. (3) In addition to any deferral, extension or modification of payments authorized by this chapter, an assessment may be modified, compromised or canceled as provided in section 2.582 of this code. Ordinance - Page 11 of 14