Chapter 3.44
LOCAL IMPROVEMENT AND UTILITY LOCAL IMPROVEMENT FORECLOSURES
Sections:
3.44.010 Commencement of proceedings.
3.44.020 Failure to pay installment due.
3.44.030 Sale of surplus LID foreclosure properties.
3.44.010 Commencement of proceedings.
Foreclosure proceedings pursuant to Chapter 35.50 RCW may be commenced on or before November 30th, if, as of January 1st of that year:
A. Two or more installments of any local improvement assessment or utility local improvement assessment are delinquent; or
B. The final installment of any local improvement assessment or utility local improvement assessment has been delinquent more than one year.
(Ord. 279 § 1, 1979)
3.44.020 Failure to pay installment due.
Upon failure to pay any installment due, the entire assessment shall become due and payable and the collection thereof enforceable by foreclosure; provided, that the payment of all delinquent installments, together with interest, penalty, and costs at any time before entry of judgment in foreclosure shall extend the time of payment on the remainder of the assessment as if there had been no delinquency or foreclosure. (Ord. 279 § 2, 1979)
3.44.030 Sale of surplus LID foreclosure properties.
A. Authorization. All LID foreclosure properties shall be identified by resolution by the city council as surplus.
B. Disposal. The mayor or designee will market the properties or have them marketed by a professional, using all resources common to marketing of such property, including but not limited to installing signs, and publishing information. The terms of sale shall be for cash only and all sales will be subject to any remaining right of redemption. The mayor or designee shall be authorized to negotiate with prospective purchasers and also to accept reasonable offers in relation to fair market value on behalf of the city.
(Ord. 950 § 1, 2015: Ord. 913 § 1, 2012)