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a) A map showing the boundaries of the territory within which contractual <br /> assessments are proposed to be offered,as set forth in Section 4 hereof. <br /> b) A draft contractual assessment contract (the "Contract") specifying the terms and <br /> conditions of the agreement between CEDA and a property owner within the City. <br /> c) A statement of CEDA's policies concerning contractual assessments including all <br /> of the following: <br /> (1) Identification of types of Authorized Improvements that may be financed <br /> through the use of contractual assessments. <br /> (2) Identification of the CEDA official authorized to enter into contractual <br /> assessments on behalf of CEDA. <br /> (3) A maximum aggregate dollar amount of contractual assessments. <br /> (4) A method for setting requests from property owners for financing through <br /> contractual assessments in priority order in the event that requests appear <br /> likely to exceed the authorization amount. <br /> d) A plan for raising a capital amount required to pay for work performed in <br /> connection with contractual assessments. The plan may include the sale of a bond <br /> or bonds or other financing relationship pursuant to Section 5898.28 of Chapter <br /> 29. The plan (i) shall include a statement of, or method for determining, the <br /> interest rate and time period during which contracting property owners would pay <br /> any assessment, (ii) shall provide for any reserve fund or funds, and (iii) shall <br /> provide for the apportionment of all or any portion of the costs incidental to <br /> financing, administration and collection of the contractual assessment program <br /> among the consenting property owners and CEDA. <br /> e) A report on the results of the discussions with the County Auditor-Controller <br /> described in Section 10 hereof, concerning the additional fees, if any, that will be <br /> charged to CEDA for inclusion of the proposed contractual assessments on the <br /> general property tax roll of the County, and a plan for financing the payment of <br /> those fees. <br /> Section 9. Nature of Assessments. Assessments levied pursuant to Chapter 29, and the <br /> interest and any penalties thereon, will constitute a lien against the lots and parcels of land on <br /> which they are made, until they are paid. Unless otherwise directed by CEDA, the assessments <br /> shall be collected in the same manner and at the same time as the general taxes of the County on <br /> real property are payable,and subject to the same penalties and remedies and lien priorities in the <br /> event of delinquency and default. <br /> Section 10. Consultations with County Auditor-Controller. CEDA hereby directs the <br /> Program Administrator to enter into discussions with the County Auditor-Controller in order to <br /> reach agreement on what additional fees, if any, will be charged to CEDA for incorporating the <br /> proposed contractual assessments into the assessments of the general taxes of the County on real <br /> property. <br /> Section 11. Preparation of Current Roll of Assessment. Pursuant to Section <br /> 5898.24(c), CEDA hereby designates the Program Administrator as the responsible party for <br /> annually preparing the current roll of assessment obligations by assessor's parcel number on <br /> property subject to a voluntary contractual assessment. <br />