San Diego Municipal Code § 61.1906 Rules and Regulations of City Manager — Exemption from Owner– Occupant

Requirement

The City Manager shall establish rules and regulations for the administration of this Division and shall set forth the form or contents of applications, information statements, bond agreements, notes, mortgages, and any other documents necessary or convenient for the administration of this Division; provided, however, that any exception to the requirement that the low– income owner be an occupant of the real property for which the assessment deferral is sought shall be granted only upon the express consideration and approval of the City Council. (“Rules and Regulations of City Manager — Exemption from Owner– Occupant Requirement” added 10–26–1977 by O–12196 N.S.)

Ch. Art. Div. 6 1 19 4

San Diego Municipal Code Chapter 6: Public Works and Property, Public Improvement and Assessment Proceedings (6-2000)

Options for Low Income Property Owners

There shall be two (2) options available to property owners applying for assessment
deferral.

(a) The City Manager may pay the full amount of the assessment due or to
become due upon applicants property.

(b) Following the issuance of bonds, the City Manager may pay the annual bond
debt obligation, as the payments become due, on behalf of the property owner
for a period not to exceed two (2) total annual bond debt payments. If the
property owner remains eligible for assessment deferral following the second
year, the City Manager shall pay the balance of the assessment obligation. The
principal amount shall become the total of the annual payments already made
plus the balance of the assessment yet to be discharged, plus the appropriate
interest charged on the annual bond debt obligation in accordance with section
61.1912.1 of the Municipal Code.

At any time during the two (2) year period, the property owner may reimburse the
City the amount it has paid in assessment debt obligation including the interest
thereon and assume full responsibility for continuing the assessment debt obligation.
(“Rules and Regulations of the City Manager Regarding Assessment Deferral
Options for Low Income Property Owners” added 10–24–1983 by O–16065 N.S.)