It shall be the duty of the comptroller to attend in person or by his representative all sales of property to enforce the collection of special assessments and to do any of the following:
(1) In default of other bidders, to bid thereat in behalf of the city;
(2) Withdraw from collection at such sale any special assessment or installment thereof levied by the city on any lot, parcel of land, or property subject to sale;
(3) Permit any such lot, parcel of land, or property to be forfeited to the state.
In all cases where the city has become a purchaser at any such sale the comptroller is authorized to sell or otherwise dispose of the city's interest in the property purchased for not less than the amount bid in behalf of the city, together with interest thereon at six percent per annum from the date of sale, and all fees, costs, charges and expenses of securing certificate of sale and tax deed. In all cases where any special assessment or installment thereof has been withdrawn from collection or property has been forfeited at any such sale on account of any delinquent special assessment or installment thereof, the comptroller is authorized to collect such delinquent special assessment or installment thereof, together with interest, penalties, costs, and fees due thereon and to waive any penalties for the first year in excess of seven percent and when such collection has been made to issue a proper receipt of deposit for redemption. A fee of $2.00 shall be charged for each estimate of redemption furnished, if based on a tax search, except for an estimate furnished to any municipality. Such estimate may include all lots, parcels of land, or property in the same block and in one ownership or any number of contiguous lots, parcels of land, or property in the same block in more than one ownership.
In all cases where the city has become a purchaser at any tax sale for the nonpayment of general taxes and water taxes, the comptroller is hereby authorized to dispose of the city's interest in the property purchased for not less than the amount bid together with all costs and expenses.
(Prior code § 7-56)