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• <br />• <br />-z- <br />Upon the occurrence of one of the events specified in the above paragraph, the <br />Council shall terminate the deferment. Thereupon, the City Clerk Administrator <br />shall notify the County Assessor and the County Auditor of the termination, <br />including the amounts accumulated on unpaid installments plus applicable interest <br />which shall be spread over the time remaining on the original assessment. <br />• <br />