§ 58. Same—Lien created; sale of property to satisfy; interest and expenses of collection.

Latest version.

There shall be a lien on all real estate, and on each and every interest therein, for the city taxes assessed thereon from the commencement of each year for which they are assessed. The city council may require real estate in the city delinquent for the nonpayment of taxes, to be sold for the said taxes, with interest thereon at eight per centum per annum, and such per centum as they may prescribe for expenses of collection. Such real estate shall be sold and may be redeemed under the provisions of other sections of this charter.

(Acts 1942, ch. 167, p. 209; Acts 1974, ch. 22, p. 37)

(Acts 1942, ch. 167, p. 209; Acts 1974, ch. 22, p. 37)

                    
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