Same — Annual Review of Status of Securities and Applicants
San Diego Municipal Code § 61.1915.3
in effect§61.1915.3 Same — Annual Review of Status of Securities and Applicants
Not less than once a year, the City Manager shall review all finally approved applications, the security furnished the City pursuant thereto, and the financial transactions and condition of applicant. For that purpose, the City Manager may require the applicant, either orally or in writing, to furnish information given under penalty of perjury concerning:
(a) Any proposed, pending, or completed transfers or refinancing affecting the real property in which the City has a security interest.
(b) Applicant’s continuing eligibility as a qualified low–income owner.
The failure or refusal of applicant to furnish such information shall be deemed an event of default, upon the occurrence of which the City may enforce its security interest.
(“Same — Annual Review of Status of Securities and Applicants” added 10–26–1977 by O–12196 N.S.)
Source: City of San Diego Office of the City Clerk, San Diego Municipal Code and City Charter (docs.sandiego.gov PDFs)URL: https://docs.sandiego.gov/municode/MuniCodeChapter06/Ch06Art01Division19.pdf#page=12Fetched: 10/28/2026