(A) When a system development charge of $25 or more is due and collectible, the developer 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 O.R.S. § 223.208.
(B) The City Clerk 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 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 interest of the applicant is adequate to secure payment of the lien.
(D) The City Clerk shall report to the City Council the amount of the system development charge, the dates on which the payments are due, the name of the developer, and the description of the parcel.
(E) The City Clerk 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.
(Ord. 344, passed 3-9-1992; Ord. 768, passed 11-13-2023)