§ 26-162. Segregation of liens.

When property which is subject to a lien for local improvements is partitioned or a lot line is adjusted, the property owner may apply to the city to segregate the original liens to the new parcels of property. The property owner shall submit an application developed by the City Manager to the City Engineer. The City Engineer shall calculate new assessment figures for the partitioned properties utilizing the original assessment formula employed by Council when it levied the original assessments. No lien shall be placed against any parcel that does not constitute a valid buildable lot in accordance with the Land Development Code. No application for segregation shall be considered by the City Engineer if the original liens are delinquent. The application shall be accompanied by a fee in an amount equal to two percent of the assessments to be segregated not to exceed the sum of $1,000.00. No segregation of an assessment shall be approved which impairs the security of the municipal lien. No segregation shall be approved which results in the placement of a lien whose amount is greater than twice the assessed value of the new parcels. The City Engineer shall notify the City Manager of all segregation applications which have been approved by the City Engineer. The City Manager shall immediately make any adjustments to the municipal lien dockets.

(Code 2006, § 12.2.29)