Every person who at 12:01 a.m. on January 1 was the owner of, or had in his possession or under his control, any taxable property, or who acquired such property after such date and is liable for the taxes thereon for the fiscal year commencing the immediately following July 1, which property was thereafter damaged or destroyed, without his fault, by a misfortune or calamity, may, within twelve (12) months after such misfortune or calamity, apply for reassessment of such property by delivering to the County Assessor/Clerk-Recorder a written application showing the condition and value, if any, of the property immediately before and after the damage or destruction occurred, which damage must be shown thereon to be in excess of Ten Thousand Dollars ($10,000). The application shall be executed under penalty of perjury or, if executed outside the State of California, verified by affidavit.
(Amended by Ord. No. 3271, effective 7-23-02)
All of the procedures and provisions set forth in section 170 of the Revenue and Taxation Code of the State of California shall apply to such applications for reassessment and the other matters required there-under as if fully set forth herein.
(Amended by Ord. No. 3271, effective 7-23-02)