Division 6 — Limitations on Amount of Loan
§99.0605 Limitations Based on Fair Market Value of Work
San Diego Zoning Code · 2026-06 edition · updated 2026-07-25 · San Diego
A loan cannot be granted in an amount more than fifteen percent above fair market value, as previously determined by the City’s authorized representative, for the work specified, or higher than the lowest complete and responsive bid received, whichever is less. Prior to final payment due under the contract the authorized City representative will make an on–premises inspection and sign a Certification of Final Inspection certifying that the work as outlined in the job specifications has been completed.
(“Limitations Based on Fair Market Value of Work” added 1–23–1975 by O–11483 N.S.)
Ch. Art. Div. 9 9 6 2
San Diego Municipal Code
Chapter 9: Building, Housing and Sign Regulations
(6-2000)
Article 9: Residential Rehabilitation Loan Program
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