Sec. 518.308. - Payment and enforcement of demolition lien and interest thereon.

A lien provided for in this Chapter may be paid within 180 days after the publication of the notice of assessment and lien as provided in Section 518.307 without interest. Thereafter, the amount of the lien, including administrative costs and cost of publication of notice of assessment and lien, together with interest at the rate of 12 percent per annum commencing from the date of filing of the lien, and costs of collection, shall be a lien against the property and shall be collected and enforceable in the same manner as is provided by law for the enforcement of other taxes or special assessment lien levied upon the property. Such demolition liens shall be prior in dignity to all other liens or encumbrances of any kind against the property, except the liens of the State, County and City for taxes, which shall be of equal dignity with the special assessment lien provided herein. (Ord. 96-458-297, § 1)