SEC. 9-144. CONTRIBUTIONS:
Contributions or partial payments from the United States, or the State, or any agency of either, or from the County, or any other local agency, may be accepted and the same or any available City moneys applied to any part of the costs of a project at any time during or after the proceedings, and may also be applied in reduction of the amount assessed or to be assessed therefor.
SEC. 9-145. PURCHASE OF ASSESSMENT, WARRANT AND BONDS:
In any proceeding had under this Code, the City may declare in the resolution of intention that it intends to purchase the assessment, warrant or bonds to be issued therein.
SEC. 9-146. Id PAYMENT:
The City shall, upon the issuance of the assessment, warrant or bonds, as the case may be, pay to the contractor, under Article 2, or into court, under Article 3, or into the construction fund, under Article 4, Division 5 of this Code, the principal amount thereof.
SEC. 9-147. Id BONDS:
The bonds, when issued shall be made payable to bearer.
SEC. 9-148. Id CITY:
In that case, the City shall succeed to all rights under the assessment, warrant and bonds.
SEC. 9-149. Id SUBSEQUENT PURCHASE:
The City shall have like power subsequently to acquire and own any bonds or assessments or warrant issued or levied or made hereunder, or now issued and outstanding for any improvement and/or acquisition of the City.
SEC. 9-150. PURCHASE AND SALE OF DELINQUENT PROPERTY:
The City may bid and purchase any real or personal property offered for sale for the nonpayment of any improvement assessment levied and assessed under any of the provisions of this Part, or of any installment thereof, or penalties or costs or interest thereon, or in any suit brought to foreclose the assessment and shall in like manner become the owner thereof, and the right of redemption shall in like manner terminate.
SEC. 9-151. IdSALE:
Whenever any property shall have been acquired by the City at any sale, then the property, or any lien thereon or interest therein created by the assessment, may be released, assigned, sold or otherwise disposed of by the City as it shall determine: provided, however, that no release, assignment, sale or other disposition of any lien or interest or of the property shall be made unless there shall be first paid to the City a sum of money equal to, and not less than the amount paid therefor by the City, together with all accrued penalties, costs, interest, and necessary expenses incurred; provided further, that if any lien or interest, or property cannot be, as determined by the Council, sold for the amounts or charges computed as provided in this Code, then the Council may sell any lien or interest or property for the best price obtainable according to its judgment.