§ 4.28.465. Auction to satisfy assessment in Section 4.28.450.

Said sale must be at public auction and only such amount of property shall be sold, as will be sufficient to fully pay the tax, penalties and costs. The sale must be made after 1 week's notice of the time and place thereof; the notice shall be given by publication once in a newspaper of general circulation published in the city, or by posting in 3 public places in the city. On payment of the price bid for any property sold, the delivery thereof with a bill of sale, vests the title thereto in the purchaser. All excess over the taxes, penalties and costs of the proceedings in any such sale, must be returned to the owner of the property sold, and until claimed, must be deposited in the city treasury subject to the order of the owner, his or her heirs or assigns. The unsold portion of any property may be left at the place of sale at the risk of the owner or owners; provided that the city may bring suit against the owner of said property for the collection of the taxes, penalties and costs.

(Ord. 3235 § 15, 1935; Ord. 3126 § 2, 1933: Ord. 3108 § 74, 1933)