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RESOLUTION NO. 80-89 PAGE TWO i. If the officer aforesaid does not have dependents included under the program, one hundred percent (100%) of the premiums; ii. If the officer aforesaid has dependents included under the program, an amount equal to ninety percent (90%) of the total premium applicable to the "family plan" covering said officer and his or her dependents. (c) Disability Insurance The city shall pay the full premium for a long-term disability insurance plan for said officer. (d) Automobile The city shall provide, at said officer's option, the amount of automobile allowance authorized from time to time by the City Council, or in lieu thereof an automobile for said officer's exclusive use. (e) Housing Expense Said officer shall receive, as additional compensation, the following: i. The city shall provide interim financing for a term not exceeding one (1) year to eliminate double mortgage payments in the event said officer is unable to sell said officer's residence in the State of Maine prior to pur- chasing a residence in Santa Ana. In the event said home is not sold within one (1) year from and after the date of this resolution, the city and said officer shall renegotiate the foregoing provision. ii. The city shall provide financing at an interest rate not exceeding ten percent (10%) such that said officer's total monthly payment for housing, in- cluding principal, interest and taxes, shall not exceed One Thousand Dollars ($1,000.00) per month; provided, how- ever, said officer shall--~--the net equity received from the sale of said officer's residence in Maine toward the downpayment required for a res- idence in Santa Ana; and provided further that the total purchase price o~ a residence does not exceed One Hundred Seventy Thousand Dollars ($170,000.00). Said financing shall include a provision that in the event