The director of budget and fiscal services may covenant, for the benefit of bond owners, to commence and diligently pursue to completion any foreclosure action regarding delinquent special assessments. The covenant may specify a deadline for commencement of the foreclosure action and any other terms and conditions the director of budget and fiscal services determines reasonable regarding the foreclosure action.
(1990 Code, Ch. 36, Art. 7, § 36-7.4) (Added by Ord. 00-13)