When the provisions as set out in this subchapter have been complied with, the Council shall provide for the issuance, terms and conditions of improvement bonds, the number of payments of installments and the manner of enforcing the payments; providing for the creation of sinking and interest funds, redemption of bonds, terms and conditions of deficiency bonds, if any, and the manner of foreclosing of liens and assessments herein mentioned, as provided by the laws of the State of Oregon (O.R.S. 223.205 to 223.755), inclusive, as the provisions are now in force or as the same may be hereafter amended.
(Ord. 218, passed 5-19-1941)