Upon the expiration of one year following the sale to the State by operation of law of any property for the nonpayment of an installment of the principal or interest of an assessment levied pursuant to this Subdivision, the Tax Collector shall make to the State a deed to such property. Unless said property has been redeemed, the City shall forthwith cause said property to be sold as provided in Subdivision 3 of Subarticle VI.
(Added by Ord. 225-81, App. 5/5/81)