Whenever property assessed for taxes is sold to the City as
herein provided, it shall be assessed for each subsequent year for
taxes until a deed is made to the City therefor, in the same manner
as if it had not been sold, provided that no further sale shall be
made to the City until the land has been redeemed from the previous
sale. No person shall be permitted to redeem from any such sale except
upon payment of the amount of any and all subsequent assessments,
costs, fees, penalties and interest.
(Prior code § 8-019.1)
In all cases where real estate has been sold for delinquent
taxes to the City, and the City has not disposed of the same, the
person whose estate has been sold, or may hereafter be sold, his or
her heirs, executors, administrators, or their successors in interest,
shall at any time after the same has been sold to the City, and before
the City shall dispose of the same, have the right to redeem said
property by paying to the City Tax Collector the amount of taxes,
penalties and costs due thereon at the time of such sale, with interest
on the aggregate amount at the rate of 7% per year from date of sale
to date of redemption and, also, all taxes that were a lien upon said
property at the time such taxes first became delinquent and, also,
all unpaid taxes of every description assessed against the property
for each year since the sale or, if not so assessed, then upon the
value of the property as assessed in the year nearest the time of
such redemption and, also, all costs and expenses of such redemption.
The City Tax Collector shall, upon the application of the person desiring
to redeem, make an estimate of the amount to be paid and shall give
him or her a certificate of the amount, specifying the several items
thereof. Upon payment of the moneys specified in said certificate
to the City Tax Collector, any deed or certificate of sale that may
have been made to the City shall become null and void and all right,
title, and interest acquired by the City under, and by virtue of the
tax sale, shall cease and determine. It shall thereupon be the duty
of the City Tax Collector to cancel such sale on the record of his
or her office, and to certify the fact of such redemption to the County
Recorder, who shall thereupon note on the certificate of sale or deed
issued the fact of such redemption, the date thereof, by whom redeemed,
and upon application the City Tax Collector shall issue a certificate
duly acknowledged, specifying the fact of such redemption, the date
thereof, by whom redeemed, a description of the property redeemed
and the fact that all taxes, costs, penalties and charges due the
City have been paid. The cost of such acknowledgment shall be borne
by the redemptioner.
(Prior code § 8-019.2)
