The City Commission may provide for the deferred payment of special assessments from persons who in the opinion of the City Commission and Assessor, by reason of poverty are unable to contribute toward the cost thereof. In all such cases, as a condition to the granting of such deferred payments, the city shall require mortgage security on the real property of the beneficiary payable on or before his death, or, in any event, on the sale or transfer of the property.
(Ord. 13.1A, passed 8-21-79)