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<br />Section 12. Prepayment of Assessments. <br /> <br />(A) The Assessment imposed against any Parcel of property to fund the Improvements may be <br />prepaid as provided for in the Final Assessment Resolution. <br /> <br />(B) At the City's election, the Assessment imposed against any Parcel may be subject to <br />acceleration and mandatory prepayment if at any time the payment of the Assessment or any <br />installment thereof, becomes delinquent or a tax certificate has been issued and remains outstanding <br />in respect of such Parcel. In such event, the mandatory prepayment shall become immediately due <br />and payable and subject to foreclosure, and the amount thereof shall be the same as that required for <br />an optional prepayment authorized by the Final Assessment Resolution, together with any penalties <br />thereon and all legal costs incurred in the collection thereof. Interest costs on the Assessment shall <br />continue to accrue until the Assessment is paid in full. Any foreclosure action against such property <br />which is the subject of a delinquent Assessment shall be conducted in a method now or hereafter <br />provided by law for foreclosure of mortgages on real estate, or otherwise as provided by law. <br /> <br />(C) The amount of all prepayments computed in accordance with the Final Assessment Resolution <br />shall be final. The City shall not be required to refund any portion of a prepayment if annual <br />Assessments will not be imposed for the full number of years anticipated at the time of such <br />prepayment. <br /> <br />Section 13. Lien of Assessments. Immediately upon adoption of the Final Assessment <br />Resolution, the total Assessment, including interest, shall attach to the Parcels included on the Final <br />Assessment Roll and shall constitute, and shall remain until paid, a lien against the assessed <br />property coequal in rank and dignity with the lien of all state, county, district and municipal taxes <br />and other non-ad valorem assessments. Except as otherwise provided by law, such lien shall be <br />superior in dignity to all other liens, titles and claims, until paid. The lien shall be deemed perfected <br />on the date a general notice of the lien resulting from imposition of the Assessments is recorded in <br />the Official Records of Miami-Dade County, Florida. <br /> <br />Section 14. Revisions to Assessments. If any Assessment made under the provisions of this <br />Ordinance is either in whole or in part annulled, vacated or set aside by the judgment of any court, <br />or if the Commission is satisfied that any such Assessment is so irregular or defective that the same <br />cannot be enforced or collected, or if the Commission has omitted to include any property on the <br />Assessment Roll which property should have been so included, the Commission may take all <br />necessary steps to impose a new Assessment against any property specially benefited by the, <br />following as nearly as may be practicable, the provisions of this Ordinance and in case such second <br />Assessment is annulled, the Commission may obtain and impose other Assessments until a valid <br />Assessment is imposed. <br /> <br />Section 15. Presumption ofValiditv. Any informality or irregularity in the proceedings in <br />connection with the levy of any Assessment under the provisions of this Ordinance shall not affect <br />the validity of the same after the approval thereof, and any Assessment as finally approved shall be <br />competent and sufficient evidence that such Assessment was valid and duly levied, that the <br />Assessment was duly made and adopted, and that all other proceedings adequate to such <br />Assessment were duly had, taken and performed as required by this Resolution; and no variance <br />from the directions hereunder shall be held material unless it be clearly shown that the party <br /> <br />7 <br />