The purpose of this subchapter is to establish a process to limit and reduce the amount of deteriorating property located within the city, as to which a public notice of default has been filed, which is in foreclosure, or where ownership has been transferred to the lender or mortgagee by any legal method. It is further intended to establish a registration program as a mechanism to protect neighborhoods from the negative effects of inadequately maintained, abandoned, or vacated properties subject to a mortgage or properties subject to mortgages that are in default.
(Prior Code, § 150.550) (Ord. 1980, passed 6-23-2014)