ORD 0169 - Laserfiche WebLink

The Town Clerk shall, upon request, issue his certificate in triplicate, showing the amounts necessary to be paid as hereinabove provided; one copy of said certificate shall be delivered to the person making such payment, and upon payment being made, a receipt shall be endorsed upon said certificate by the Town Treasurer evidencing payments as compensation for the use and occupancy of said real estate, and to be applied as a credit, if, ~vhen and as redemption is made as in this section hereinafter provided. The Town Treasurer shall deposit all payments so made to the same fund in which moneys received upon redemption are deposited. One copy of said certificate shall be retained by the Clerk and one copy delivered to the Treasurer. The Town Clerk shall keep accurate records of all payments made hereunder in a book kept for that purpose. Said record to show the ns~e of the person making said payments, the amount or amounts paid, the certificate number, if any, and the year or years of delinquency, together ~vith a description of the property. Such payments shall not be deemed a redemption of such real estate nor affect the right, title and interest of the Town of Pleasanton thereto, but shall postpone for the period or periods aforesaid the time v~hen said real estate shall be deeded to the Town of Pleasanton, and the money so paid shall be deemed and considered as compensation for the use and occupancy of said real estate; provided, however, that if redemption shall thereafter be made pursuant to the provisions of Section 34 of this ordinance, the amount so paid to extend said periods of redemption and to postpone the making of a deed of the property to the Town of ~leasanton under the provisions of this ordinance, together with interest thereon at the rate of seven per cent per annum, compb~-~ed from the dates of said respective payments to the date of redemption, -18 -