California Law (Last Updated: March 4, 2014) |
Streets and Highways Code - SHC |
Division 12. THE MUNICIPAL IMPROVEMENT ACT OF 1913 |
Chapter 8. Deferral of Assessments |
Section 10703.
Latest version.
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Deferral may be provided through a year-to-year agreement between the city and an eligible property owner, which provides that the city will make assessment payments on behalf of the property owner for that year. No agreement shall commit the city to make deferral payments beyond one year. No agreement of this type shall be construed as a debt of the city.
(Added by Stats. 1984, Ch. 1298, Sec. 29.)