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Upon default in payment, the lands so assessed shall be sold in the same manner in which real property in such City is sold for the non-payment of general taxes, and be subject to redemption in the same manner as such real property is redeemed from such delinquent sale, and upon failure of such redemption, shall in like manner be sold or pass by deed to the City. The City shall not, however, be required to pay into the assessment fund any part of such delinquency until such property be redeemed or sold and money received therefor.
(Added by Ord. 225-81, App. 5/5/81)
Upon receipt of such deed, the City shall thereupon offer and sell such property at public auction in the manner provided by law for the sale of its tax-deeded property, and the amount of said assessment and the penalties and interest thereon, less the costs of said sale, shall be paid to said contractor or his assigns.
(Added by Ord. 225-81, App. 5/5/81)
In the event there shall have been no bidder offering the amount then due on such property, it may, at the City's election, be declared sold to the owner of such assessment, and in like manner be deeded to him, and such assessment ordered satisfied of record.
(Added by Ord. 225-81, App. 5/5/81)
SUBDIVISION 3
RESERVED
RESERVED
SUBDIVISION 4
MUNICIPAL IMPROVEMENT ACT OF 1913
MUNICIPAL IMPROVEMENT ACT OF 1913
The Municipal Improvement Act of 1913, as said Act may be amended from time to time, is incorporated in and made a part of this Subarticle. When proceedings are taken pursuant to this Subdivision, except where inconsistent with applicable provisions of this Procedure Code, the mode and manner of making improvements and for levying and collecting assessments as set forth in said Act shall apply.
(Added by Ord. 225-81, App. 5/5/81)
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