The City Council may provide for the deferred payment of special assessments from persons by reason of correcting for existing non-conforming connections to the water system, or from persons who, in the opinion of the Council and the Assessor, by reason of hardship are unable to contribute toward the cost thereof. In all the cases, as a condition to the granting of the deferred payments, the city shall require mortgage security on the real property of the beneficiary payable on or before his or her death, or in any event on the sale or transfer of the property, or for property vacant at the time of deferment, upon construction requiring connection to the water system.
(1995 Code, § 46-26) (Ord. 65, passed 11-5-1979; Ord. 06-2018, passed 11-5-2018)