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1994-19448-Ordinance No. 94-031 Recorded 5/5/1994REVIEWED 94-19448 LEG ' BEFORE THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTESCOUNTYr ORM An Ordinance Adding Section 15.12.025* F ,s.°�:2 to Chapter 15.12, Systems Development* Charges, Deschutes County Code, to Allow the Payment of System * }- Development Charges in Installments, Providing Procedures and Declaring an* 01��-1�42 Emergency. ORDINANCE NO. 94-031 WHEREAS, System Development Charges are subject to the Bancroft Act; and WHEREAS, the Board may allow certain improvement liens to be second liens on the real property; now, therefore, THE BOARD OF COUNTY COMMISSIONERS OF DESCHUTES COUNTY, OREGON, ORDAINS as follows: Section 1. SECTION 15.12.025, Application to Pay in Installments - Order -Priority -Publication, which reads as follows, is hereby added to Chapter 15.12, System Development Charges, Deschutes County Code: 15.12.025 Application to Pay in Installments -Order -Priority - Publication. (A) Whenever a system development charge imposed by this chapter becomes due and payable, the owner of the real property, as defined in Deschutes County Code 12.48.081, may make application to pay the system development charge in installments pursuant to ORS 223.208 and 223.215. (B) Whenever the Board receives such an application from an owner entitled to make payment of a systems development charge in installments, the Board shall enter an order approving the application, describing the property and owner, setting forth the principal amount of the lien imposed on the real property, the interest rate, and the time period over which payments shall be made. (C) If the application to make system development charges in installments is made by a religious, fraternal, or charitable organization or public corporation, the Board may in its order designate the lien to be a second lien on the real property. (D) The Board shall publish an order authorized by this section in accordance with ORS 223.210. (E) Where applicable, the procedures set forth in Sections 12.48.250 through 12.48.320, Deschutes County Code, shall apply to an Order approving an application to make system development charges in installments. 1 - ORDINANCE NO. 94-031 ='"P JKIYCHEI) 0135-1543 Section 2. Emergency. This Ordinance being necessary for the immediate preservation of the public peace, health and safety, an emergency is declared to exist, and this Ordinance takes effect on its passage. DATED this 14-fh day of a , 1994. BOAP OF COUNTY COMMISSIONERS SOF ESCHUTES(-COUNTY, QREGON, A E�T Recording Secr tary 2 - ORDINANCE NO. 94-031 TOM HROOP,lissioner &"M(r BARRY W. SLAUGHTER, Commiss