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(1) Identification of types of Authorized Improvements that may be financed through the use of contractual assessments. (2) Identification of the CEDA official authorized to enter into contractual assessments on behalf of CEDA. (3) A maximum aggregate dollar amount of contractual assessments. (4) A method for setting requests from property owners for financing through contractual assessments in priority order in the event that requests appear likely to exceed the authorization amount. (d) A plan for raising a capital amount required to pay for work performed in connection with contractual assessments. The plan may include the sale of a bond or bonds or other financing relationship pursuan`�t to Section 5898.28 of Chapter 29. The plan (i) shall include a statemen of, or method for determining, the interest rate and time period during which co• cting property owners would pay any assessment, (ii) shall provide for any reserve fund<6r funds, and (iii) shall provide for the apportionment of all or any portion of thelcoksts incidental to financing, administration and collection o the contractus Wassessment program among the consenting property owners an"d CEDA. ---: =' `4 A report on the results of the discussions ,-e County Auditor-Controller described in Section 10 hereof, concerning the additionales, if anyfhat wil harged o CEDA for inclusion of the proposed contractual assessmen v.on the general property tax roll of the City, and a plan for financing the payment ofkthose fee Section 9. Nature of Assessments 4 sessrnents levied pursuant to Chapter 29, and the interest and any penalties thereon, will a lie--against the lots and parcels of land on which they are made, until ey are paid. Unless otherwise directed by CEDA, the assessments shall be collect-W i, th same en-anner and at the same time as the general taxes of the Cityon real property are a e, nd ect tote same penalties and remedies and P P Y p Y � � lien priorities in the event of delinm u ncy : Ault. Section 10. Cons Itations wit County uditor-Controller. CEDA hereby directs the Program Administrator t enter into discussions with the County Auditor-Controller in order to reacheement on what acationaileelP any, will be charged to CEDA for incorporating the proposed contractual:assessm nt nto the assessments of the general taxes of the County on real;property. ,‘:4,4. , iEj'4 Section 11. Preparation of Current Roll of Assessment Pursuant to Section 5898.24(c), CEDA he ruby esignates the Program Administrator as the responsible party for annually preparing th a current roll of assessment obligations by assessor's parcel number on property subject to a voluntary contractual assessment. Section 12. Procedures for Responding to Inquiries. The Program Administrator shall establish procedures to promptly respond to inquiries concerning current and future estimated liability for a voluntary contractual assessment. Section 13. Effective Date. This resolution shall take effect immediately upon its adoption.