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1. Transfer of ownership. The property is Sold, <br />.transferred, subdivided or in any way conveyed to another• by <br />the individual for whom the deferral was granted. <br />2; Death of owner. The death of the owner ruaU gied for <br />the deferral unless a surviving joint tenant or tenant in - <br />common 15 eligible for the deferral benefit provided herein. <br />3. Ncrn-homestead property- The property loses its <br />hornesteac. status for any reason. <br />4. No hardship. he City Council•detern.ines that there <br />would be no hardship to require. an immediate or partial <br />-payment.. <br />Th shall be the duty of the ap %icanc. their heirs or legal <br />represenbative•to notify the City clerk of any event which may <br />affect eligibility' for deferment. <br />At the time of termination of the deferral, the City <br />Council -may provide for payment of the deferred] amounts In <br />instalime.it payments in accordance with the original -terms of <br />the special assessments. <br />pAcTiow G. EJECT VM DATA. This Ordinance shall be of€ective <br />from and after its passage and publication according to the <br />lair. <br />Adopted Otis 10th day of August, 1992, by the City -Council of <br />the City ?.f .Andover. <br />ATT-NST a <br />flavor <br />Vic €z, City Clerk <br />Page 2 <br />CITY OF.ANDOVFR <br />Fanned? 1E1. ©r: ttel, - <br />