In case any assessment shall become or has become delinquent and the property subject to the delinquency has been or shall be sold to the municipality for the delinquency, redemption of such property shall be permitted upon payment, not later than one (1) year after the date of sale, of the full amount due, plus interest, any taxes paid by the municipality, and accrued costs and redemption fees as may be prescribed by ordinance of the municipality, unless, in the judgment of the governing body of the municipality, the interest of the municipality will be subserved by accepting a lesser sum in settlement for the delinquency.
Structure 2021 Tennessee Code
Title 7 - Consolidated Governments and Local Governmental Functions and Entities
Chapter 84 - Central Business Improvement District Act of 1971
Part 5 - Central Business Improvement District Act of 1990
§ 7-84-504. Housing Authority Proceedings Unaffected — District as Part of Urban Renewal Area
§ 7-84-506. This Part As Alternative to Parts 1-4 of This Chapter
§ 7-84-507. Control and Jurisdiction Over Property
§ 7-84-508. Liberal Construction
§ 7-84-509. Effect of Other Laws
§ 7-84-510. Districts Authorized
§ 7-84-512. Geographical Area — Size and Form — Property Included
§ 7-84-513. Public Hearing to Be Ordered — When Held
§ 7-84-517. Contents of Establishment Ordinance
§ 7-84-520. Powers of Municipality — Delegation of Powers
§ 7-84-523. Government-Owned Property
§ 7-84-526. Lien on Property Affected