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When any action is taken to collect assessments under the special improvement districts heretofore and hereafter enacted by the city, the method of sale of property subject to a lien for the assessment, shall be, at the election and sole discretion of the city, by the method provided by state law for the sale of property for delinquent general property taxes, or, by the method provided by state law for action to foreclose mortgage liens, or by the method provided by state law for foreclosure of trust deeds, or by any other method authorized by law. If at the sale no person or entity shall bid and pay the city the amount due on the assessment, plus interest and cost, the property shall be deemed sold to the city for the amount due on the assessment, plus interest and costs. (Ord. 176, amended, 1990; Ord. 100 §1, amended, 1983)