Imperial Valley press., 1938-11-07
Legal Advertisement

CeuLlg payment, ana upon payment
on or before April 81 in each of
said succeeding fiscal years of taxes
for each of said year, with pen
alties and costs due thereon, the
right of redemption shall be ex-
tended. the time of sale to the City
and of deed to the City shall be
postponed and resale by the City
shall be suspended for successive
periods of one year. In the event
of failure to make any of the pay
ments herein specified to be made
on or before the dates herein set
forth. the right to pay such delin-
uuent taxes in installments shall
cease ard terminate and such prop
erty shall thereupon be subject to
sale. or may be decided to the City
or re-sold by the City, in the same
manner as though no election TO
pay delinquent taxes in inStallments
had been made.
No such payment, nor all of them,
shall be deemed a redemption OF
real estate nor affect the right, title
or interest OF the City thereto, but
shall be deemed and considered
as compensation for the use and
occupancy of said real estate; pro-
vided, that if each installment OF
delinquent taxes and interest be
paid on or before the respective
| dates specified in this section, and
| if redemption of such property shall
| be made. on or before the 9th day
| Of April, l948, in the manner here
! matter in this section provided the
amounts previously paid under the
authority of this section shall be
credited on the amount to be paid
for such redemption.
The amount to be paid on or be-
fore the 9th day of April, 1948. TO
effect redemption of such property
under this section shall be the sum
of the following amounts.
(a) Unpaid taxes as prescribed in
| Section 62-m of this ordinance, with
interest thereon equal to the amount
of interest included in all install
ment payments, previously made, as
authorized by this section, and, in
addition, interest equal to the
amount of interest due at the time
of such redemption on the re-
mainder. if any, of the amount
payable in installments, as authoriz-
ed by this section.
(b) Unpaid taxes for the fiscal
years following the year ending
June 30, 1888, with redemption pen-
alties thereon computed in accord
ance with this ordinance.
Except as in this section provid-
ed, such redemption shall be made
in the manner prescribed in Section
60 of this ordinance.
SECTION III: All of said Ordi-
nance No. 3d. included among Others
Sections 62-f, 62-g, 62-h and 62-j
added by Ordinance No. 4O2 are
hereby continued in full force and
effect and all other ordinances. or
parts of ordinances inconsistant
with this ordinance are hereby re-
pealed
SECTION ": The City Council
hereby declares that this ordinance
is an emergency measure necessary
for the immediate preservation of
the public peace. health and safety.
and that this ordinance shall. there
fore, % into immediate effect. The
facts constituting the necessity are
as follows: Due to the widespread
depression. many tax payers have
been unable TO pay their taxes or
to reoeem their property from sale
to the City for delinquency BY
permitting redemption without pen
altleS, many tax payers will be en-
abled to redeem their property. re-
store the same to the tax rolls and
thereby add revenue for the opera
ton ana maintenance of the City
government II is also necessary IN
order to redeem much of this prop
erty which does not at the present
time appear on the assessment rolls
that it be assessed according 70
present day values. If this is not
done immediately, tax payers whose
property does not now appear on
the assessment rolls will be unable
to take advantage of the rights
Granted by this ordinance.
HERBERT w. FAWCETT.
Mayor of the City of FL Cedtro.