The purpose of this chapter is to establish a process to address the deterioration, crime, and decline in value of city neighborhoods caused by property with foreclosing or foreclosed mortgages located within the city, and to identify, regulate, limit and reduce the number of these properties located within the city. This chapter establishes a registration program to help protect neighborhoods from becoming blighted through the lack of adequate maintenance of properties that are in foreclosure or foreclosed, and to provide a mechanism to avert foreclosure actions through timely intervention, education, or counseling of property owners.
(Ord. 04-2020, passed 3-17-20)