At the time and place fixed for the sale, the Board of Public Works must commence the sale of the property advertised, commencing at the head of the list and continuing in numerical order of lots or parcels of land until all are sold, provided that it may postpone or continue the sale from day to day until all the property is sold. Each lot or parcel of land separately assessed must be offered for sale separately and the person who will take the least quantity of such lot or parcel of land and then and there pay the amount of the assessment, penalty and costs due, including $50.00 the Board of Public Works for a certificate of sale, shall become the purchaser. At said sale the City may bid in and become the purchaser of any lot or parcel of land offered for sale. In the event that there is no purchaser for any lot or parcel of land so offered for sale the same shall be struck off the City as purchaser and the amount required for such purchase shall be paid from the General Expense Fund of the City. No charge shall be made for a certificate of sale when the City is the purchaser. The fees and costs herein shall be adjusted, if required, in order to cover the City’s administrative costs and adopted in the same manner as provided in Section 12.37-I,1 of the Los Angeles Municipal Code for establishing fees.
SECTION HISTORY
Based on Ord. No. 41,060.
Amended by: No. 149,299, Eff. 2-28-77; Fee change and sentence added, Ord. No. 168,733, Eff. 5-31-93.