§ 35.18 INSTALLMENT PAYMENTS.
   (A)   When a system development charge is due and collectible, the owner of the parcel of land subject to the system development charge may apply for payment in 20 semiannual installments, to include interest on the unpaid balance, in accordance with O.R.S. 223.208.
   (B)   The City Administrator shall provide application forms for installment payments, which shall include a waiver of all rights to contest validity of the lien, except for the correction of computational errors.
   (C)   An applicant 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 property interest of the applicant is adequate to secure payment on the lien.
   (D)   The City Administrator shall docket the lien in the lien docket. From that time the city shall have a lien upon the described parcel for the amount of the system development charge, together with interest on the unpaid balance at the rate established by the council. The lien shall be enforceable in the manner provided in O.R.S. Chapter 223.
   (E)   The City Administrator is authorized to cancel assessments of system development charges, without further Council action, when the development approved by the building permit is not constructed and the building permit is cancelled.
   (F)   For property that has been subject to a cancellation of assessment of system development charges, a new installment payment contract shall be subject to the code provisions applicable to system development charges and installment payment contracts on file on the date the new contract is received by the city.
(Ord. 271, passed 5-21-2015)