[Adopted 12-10-1928 (Ch. 106, Art. III of the 1971 Code)]
The Common Council shall have power to cancel or correct any erroneous or invalid assessment made either for general tax purposes or for local improvements or for any other purpose, and to cancel or refund the tax or assessment thereon or any part thereof, or any interest, penalty or fee pertaining thereto, but such action shall be taken only upon a verified petition by the party interested or his agent or attorney, or upon written application of the Collector, or Commissioner of Assessment and Taxation. The power herein conferred shall not apply to an assessment claimed to be erroneous or invalid by reason of overvaluation or inequality. In such case the application shall be made as provided by the Charter.[1]
[1]
Editor's Note: See Charter § 52.