The owner of or any person interested in any lot or parcel of land upon which an assessment for construction has been levied under the terms of this Chapter may at any time before commencement of proceedings for sale, pay off the assessment and discharge the land involved from the lien of the assessment. The discharge may be had by paying to the Treasurer the unpaid principal sum of the assessment, with interest thereon (if any) up to the next succeeding July 1. As used in this section, "unpaid principal sum" means those installments of principal that are due to be paid at future dates through the term of the assessment. This provision shall not apply to any maintenance assessment.
(Ord. MC-150, 4-07-82)