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1. Transfer of ownership. The property is sold, <br />.transferzed, subdivided or in any way conveyed to another.bv <br />the indiridual far whom the deferral was granted <br />2. Death of owner. The death of the owner qualified for <br />the deferral unless a surviving joint tenant or tenant in • <br />common iE eligible Tor the deferral benefit provided herein. <br />3. tfon-homestead property. The property lases its <br />homesteae. status for any reason. <br />4. No hardship. The' City CoonaiLdeterMines that there <br />would be do hardship to require.an immediate or partia/ <br />payment, <br />It sha/1 be the duty of the applicant', their heirs or iegal <br />representative. tO notify the City Clerk of any event whibh may <br />affect eligibility for deferment. <br />At the time of termination of the daterral, the City <br />Council my provide for payment of the deterred amounts in <br />:j.natalimelt payments in accordance with the origina/: terms of <br />the special assessments. <br />SECTION 6. EVVECTWX DATE. This Ordinance shall be affective <br />from and after its passage and publication according to the <br />Adopted this lath day of August, 1992, by tjie ccouncii of <br />the City .f Andover. <br />ATTES-T; <br />Mayor <br />7-11' <br />/ <br />Via oria ity Clerk <br />Page 2 <br />CITY OF.ANDOVUR <br />Xenneth D. Orttel, <br />