Unless otherwise prohibited by law or regulation, all liens and assessments which are imposed by the city against any real property located in the city which are recorded on and after the effective date of this regulation shall accrue interest at the rate of eight percent annually until the lien or assessment, including interest thereon, is paid in full. (Ord. 2004-10 § 2(part), 2004; Ord. 01-107 § 2(part), 2001).