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6. The deferment shall terminate and all amounts accumulated, <br />plus applicable interest, shall become due, if any of the <br />following occur: <br />a. The death of the owner, provided that the spouse <br />is otherwise not eligible for the benefits here- <br />under; <br />b. The sale, transfer or subdivision of the property <br />or any part thereof; <br />c. If the property for any reason loses its homestead <br />status; or <br />d. If for any reason the City Council determines that <br />there would be no hardship to require immediate <br />or partial payment. <br />7. Upon termination of the deferment, the Council, at its <br />discretion, may provide for installment payments of the <br />deferred assessment within the term of the original <br />assessment. <br />8. Deferments shall be reviewed every five years by the <br />City Council. <br />PASSED by the City Council of the City of Little Canada this <br />day of February, 1982. <br />Raymond Hanson <br />Mayor <br />ATTEST: <br />Joseph Chlebeck <br />Clerk Administrator <br />