§ 250.312.

FORECLOSURE BY BONDHOLDER

The holder of a matured bond or coupon may bring and prosecute to sale, in his name, the action to foreclose the lien of such assessment installment on any delinquent parcel of land, naming the City as a defendant therein. In such event such holder shall have all of the rights provided for foreclosure and sale by the City.

History

(Added by Ord. 225-81, App. 5/5/81)

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