§ 3.20.050. Tax deferral conditions—Payment time.

A.

If a timely claim is filed, the payment of the second installment of property taxes on the regular secured roll shall be deferred without penalty or interest until the assessor has reassessed the property and a corrected bill prepared pursuant to the provisions of Revenue and Taxation Code Section 170 has been sent to the property owner. Taxes deferred pursuant to this section are due thirty days after receipt by the owner of the corrected bill, and if unpaid thereafter are delinquent as provided in Section 2610.5 of the Revenue and Taxation Code, and shall be subject to the penalty provided by law.

B.

If a timely claim is filed, the payment of the unpaid nondelinquent 1985-86 fiscal year supplemental roll taxes on eligible property reassessed pursuant to Chapter 3.5, commencing with Section 75, of Part 0.5 of the Revenue and Taxation Code, shall be deferred until the assessor has reassessed the property and a corrected bill prepared pursuant to the provisions of Section 170 has been sent to the property owner. The corrected supplemental bill shall be due on the last day of the month following the month in which the corrected bill is mailed, or the delinquent date of the second installment of the original bill, whichever is later.

(Ord. 814 § 2 (part), 1986: prior code § 3313)