§ 40-59.3. Applicant's affidavit; manager's certification to treasurer.

(a)

The person or persons seeking a deferral for the upcoming tax year shall annually file a real estate tax deferral affidavit with the city manager or his designee between May 1 and June 30. Failure to submit a real estate tax deferral affidavit by June 30 shall disqualify any otherwise qualified applicant from the receipt of real estate tax deferral for the upcoming tax year.

(b)

The affidavit required by this section shall set forth, in a manner prescribed by the city manager, the name of the applicant for deferral, the amount of the deferral sought, and shall certify that the real estate for which deferral is sought is eligible for low-income housing credits under the United States Internal Revenue Code and is identified in the Marshall-Ridley Choice Neighborhood Transformation Plan, as adopted by the city council. The city manager may require such additional documentation as is necessary to verify such eligibility.

(Ord. No. 7536-19, § 1)

(Ord. No. 7536-19, § 1)