§ 52.21  INSTALLMENT PAYMENT.
   (A)   When a system development charge of $25 or more is due and collectible, the owner of the parcel of land subject to the development charge may apply for payment in 20 semi-annual installments, to include interest on the unpaid balance, in accordance with ORS 223.208.
   (B)   The city shall provide application forms for installment payments, which shall include a waiver of all rights to contest the validity of the lien, except for the correction of computation errors.
   (C)   An application for installment payments shall have the burden of demonstrating the applicant’s authority to assent to the imposition of a lien on the parcel and that the interest of the applicant is adequate to secure payment of the lien.
   (D)   The city shall record the amount of the system development charge, the dates on which the payments are due, the name of the owner, and the description of the parcel.
   (E)   The city shall docket the lien in the lien docket and record the installment payment contract in the county lien records. From that time, the city shall have lien upon the described parcel for the amount of the system development charge, together with the interest on the unpaid balance at the rate established by Council. The lien shall be enforceable in the manner provided in ORS Chapter 223.
(Ord. 02-2003, passed 3-10-2003)