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All collections made by the County Treasurer upon the assessment roll in any calendar month shall be accounted for and paid over to the City on or before the tenth day of the next succeeding calendar month, with a separate statement for all collections for each improvement. (Ord. 2771; 1968 Code §12-84; Ord. 01-42; Ord. 11-19)
At any sale by the County Treasurer of any property for the purpose of paying any special assessments for local improvements in the City, the Chief Financial Officer and Real Estate Manager, having written authority from the Mayor, may purchase the real estate without paying for the same in cash, and shall receive certificates of purchase in the name of the City. The certificates shall be received and credited at their face value with all interest and penalties accrued by the County Treasurer on account of assessments upon which the sale was made. The certificates may then be sold by the Chief Financial Officer and Real Estate Manager at their face value with all interest and penalties accrued and assigned in the name of the City, and the proceeds credited to the fund created by ordinance for the payment of the assessments, respectively. Any sale or assignment of tax certificates of purchase shall be in accord with the Procedure Manual for the Acquisition and Disposition of Real Property Interests 1 . Assignments shall be without recourse and the sale and assignments shall operate as a lien in favor of the purchasers and assignees as is provided by law in the case of sales of real estate in default of payment for general taxes. (Ord. 2771; 1968 Code §12-85; Ord. 01-42; Ord. 11-19; Ord. 11-21)
Notes
| 1 | 2. See section 7.7.1804 of this Code. |
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