A. After the assessment ordinance is adopted, the city manager shall enter into the docket of liens a statement of the amount assessed on each lot, parcel of land or portion of land, a description of the improvement, names of property owners, and the date of the assessment ordinance. On entry into the lien docket the amounts shall become liens and charges on the lots, parcels of land or portions of land that have been assessed for improvement.
B. Assessment liens of the city shall be superior and prior to all other liens or encumbrances on property insofar as state law permits.
C. Thirty (30) days after the date of the assessment ordinance, interest shall be charged at a rate of three percent (3%) more than the interest rate in subsection 5-1-2G of this chapter, and the city may foreclose or enforce collection of assessment liens in the manner provided by state law.
D. The city may enter a bid on property being offered at a foreclosure sale. The city bid shall be prior to all bids except those made by persons who would be entitled under state law to redeem the property. (Ord. 681, 3-25-1985)