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engineer's determination of the equivalent assessment may seek its review <br />before a hearings official by following the procedures in section 2.021 of this <br />code. The petitioner shall have the burden of proof in such review. <br />(2) <br /> Nothing in this section shall prevent the city from creating a local improvement <br />district for street improvements under section 7.175 upon a determination that <br />an existing street improvement for which the city has given credit under <br />subsection 7.730(3) and (4) is determined to specially benefit property that did <br />not pay for the street improvements. Such assessments shall be calculated <br />upon the greater of the amount of credit given by the city or the cost of <br />constructing a similar street improvement at the time of the formation of the <br />local improvement district. If a property has been given an equivalent <br />assessment under subsection 7.407(1) it may not be assessed again for the <br />same street improvements. <br />(3) <br /> Except as otherwise provided in subsection 7.180(5)(f), equivalent <br />assessments required by subsection 7.180(5) shall be paid at the time of <br />development by the person who receives a permit to develop the parcel as <br />described in subsection 7.180(5)(e). The equivalent assessment shall be <br />calculated by the city engineer in accordance with section 7.180(5), if <br />applicable, and the engineer’s estimate of what the costs of the improvement <br />would be if the improvement were constructed at the time of the development <br />giving rise to the obligation to pay the equivalent assessment. <br />(4) <br /> In lieu of paying the equivalent assessment at the time of issuance of the curb <br />cut permit or upon the occurrence of one of the events described in <br />subsection 7.180(5)(e), except where the development involves creation of a <br />subdivision, the person obligated to pay the equivalent assessment may <br />execute and deliver to the finance officer an agreement to pay the equivalent <br />assessment in installments. The finance officer may accept an agreement to <br />pay only if it is consistent with the limits established under subsection 7.160(2) <br />and (3). Equivalent assessments paid as provided in this subsection shall be <br />charged interest on the unpaid principal balance as provided in section 2.022 <br />of this code and are hereby declared a lien against the real property and shall <br />be docketed in the lien docket of the city and may be foreclosed in the same <br />manner as other assessment liens. <br />(5) <br />The equivalent assessment required by this section shall be used for street <br />purposes and shall be in addition to all other fees and assessments required <br />by this code. <br /> <br /> <br />Section 8 <br /> . The Code references in subsections 6.610(4), 7.155(1) and 7.160(9) of the <br />Eugene Code, 1971, are amended to reflect the amendments to Section 7.175 and the addition <br />of Section 7.180 adopted by this Ordinance. <br />Section 9. <br /> The City Recorder, at the request of, or with the consent of the City Attorney, <br />is authorized to administratively correct any reference errors contained herein, or in other <br />provisions of the Eugene Code, 1971, to the provisions added, amended or repealed herein. <br />Ordinance - Page 9 of 10 <br /> <br />