§ 34.18 TERMINATION OF DEFERRED STATUS.
   Special assessment payments deferred pursuant to the eligibility requirements set forth by this subchapter shall become payable effective upon the occurrence of one of the following events:
   (A)   Sale of property. The subject property is sold, transferred, subdivided or in any way conveyed to another by the fee owner qualified for deferral status;
   (B)   Death of owner. The death of the fee owner qualified for deferral status unless a surviving joint tenant, tenant in common or contract vendee is eligible for the deferral benefit provided hereunder;
   (C)   Non-homestead property. The subject property loses its homestead status for any reason; or
   (D)   No hardship. The City Council determines that there would be no hardship to require an immediate or partial payment of the deferred special assessment.
(Ord. 72, passed 10-15-2003)