A. Assessment Liens. After adoption of the assessment resolution by the council, the City recorder shall enter in the City’s lien docket and adopt a statement of the amount assessed upon each particular lot, parcel of land or portion, together with a description of the improvement, the name of the owners, and the date of the assessment resolution. The amounts entered in the City’s lien docket shall become a lien and charge upon the respective lots, parcels of land or portions thereof against which the lien is entered. The sum assessed against a lot, parcel, or portion thereof shall be due and payable from date of the notice of assessment and if not paid or bonded as provided within thirty (30) days from that date, the amount of the assessment shall then be delinquent.
B. Priority of Assessment Liens. All assessment liens of the City shall be superior and prior to all other interests, liens and encumbrances on the assessed property insofar as the laws of the State of Oregon permit.
C. Interest. Interest shall be charged until paid on all amounts assessed but not paid within 30 days from the date of the notice of assessment, at the rate of nine percent (9%) per annum or such other rate as established by council resolution and shall begin to run from the date of the notice of assessment mailed.
D. Foreclosure. After expiration of 30 days from the date of the notice of assessment, the City may proceed to foreclose or enforce collection of the assessment liens in the manner provided by the general law in the State of Oregon for the collection of such liens. The City may, at its option, bid the amount of its lien for the property being offered at any foreclosure sale. (Ord. 3116, amended, 2015)