§ 4.28.250. Redemption—Right granted and procedure given.

In all cases where property has been sold or may hereafter be sold to the city for delinquent taxes and the city has not disposed of same, or made entry thereon, the person whose estate has been or may hereafter be sold, his heirs, executors, administrators or other successors in interest shall, at any time after the same has been sold to the city and before the city shall have disposed of the same, or made entry thereon, have the right to redeem such property by paying to the city controller:

A.

The amount of taxes, penalties for delinquencies and costs due on the property at the date of such sale;

B.

All taxes that were a lien upon the property at the time the taxes became delinquent;

C.

All unpaid city taxes of every description assessed against or which are a lien against the property for each year since the sale and all penalties and costs as shown on the delinquent assessment roll, and if not so assessed, then such taxes as may be fixed by the city assessor, tax and license collector at the time of redemption for each of the years not so assessed, based upon the respective rates effective each year not so assessed, and upon values then fixed by him in relation to the assessment of taxable property made in each of said years provided that the taxes so determined shall not as to property first sold for taxes prior to November 7, 1940 exceed the taxes computed in accordance with this section as it read immediately prior to November 7, 1940. If at the time of redemption the tax rate for that year has not yet been fixed, the tax rate for the preceding year shall apply for that year;

D.

All costs and expenses of such redemption, including a redemption fee of $2.00 on each separately valued parcel sold to the city after April 29, 1971;

E.

One percent of the original amount of the tax added on the 1st day of each month following date of sale, to the time of redemption.

(Ord. 5035 § 4, 1971; Ord. 3780 § 2, 1944; Ord. 3550 § 1, 1940; Ord. 3515 § 1, 1940; Ord. 3235 § 9, 1935: Ord. 3171 § 1, 1934: Ord. 3108 § 47, 1933)