Upon payment of the costs and expenses by the owner or persons interested in the property to which a lien is attached, the lien shall be released by the village and, if notice of a lien has been filed, the village shall provide to the owner or interested party a release that may be filed of record; provided, however, no lien shall be released until the total costs and expenses, including the actual costs, interest of 5% per annum to accrue from the date of the filing of the lien in the Office of the Recorder of Deeds for the county in which the property is located until paid, attorneys’ fees, recording fees, filing fees, court costs, and other costs of administration and interest, are satisfied by payment in full.
(Ord. 11-02, passed 6-13-2011)