§ 66.4.

LOAN PERIOD

All loans made under the Program shall be fully amortized over a period of 20 years, provided that all principal and interest payments under a Deferred Standard Loan shall be repaid in a single lump sum at the end of the Deferred Standard Loan period and all principal and interest payments under a Deferred Extended Loan shall be repaid in a single lump sum at the end of the Deferred Extended Loan period.

History

(Added by Ord. 1-93, App. 1/7/93; amended by Ord. 1-01, File No. 001968, App. 1/12/2001; Ord. 122-06, File No. 060386, App. 6/14/2006)

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