At any time after the date of sale and prior to the issuance and delivery of a deed to said property as provided for in Section 6.235 of this article, any property sold under the provisions of this article may be redeemed by the payment to the Board of Public Works of the amount for which the property was sold, with an additional penalty of one per cent per month, until paid, of said amount of sale, together with such other penalties as may be payable as provided for in Section 6.235 of this article. Said one per cent penalties shall be added on the first day of each month following the date of sale of said property.
Money paid in on such redemptions shall be paid by the Board of Public Works to the person holding the original Certificate of Sale, upon his surrendering the same and upon giving a receipt for the amount received from the Board of Public Works therefor. Upon redemption of any parcel of land the Board of Public Works shall enter the fact and date of such redemption upon the original and upon the duplicate Certificate of Sale therefor.
SECTION HISTORY
Based on Ord. No. 89,450.