Special assessment lien on property and foreclosure rules

A. The special assessment levied on real property and the applicable penalty, interest, and costs of collection shall be a lien upon the property assessed. The lien shall attach from the effective date of the ordinance establishing a district and levying the special assessment on the parcel of land and shall be extinguished when the special assessment and any applicable penalties, interest, and costs of collection are fully paid or terminated. B. The lien of the special assessment shall have priority over all other liens, except the lien of general real property taxes, and shall be on a parity with the lien of assessments levied under sections 46-80 and 46-80.1, Hawaiʻi Revised Statutes, and chapter 14.50 of this code. All liens of assessments made pursuant to this chapter shall be on a parity as to each other without regard to when made or for what purpose. C. If any special assessment is not paid when due, the department of finance may, after not less than two months of delinquency, foreclose the lien of special assessment to collect the delinquent amount and any penalties, interest, and costs, in the same manner as the foreclosure of the lien of real property taxes. D. In any event, the department of finance shall foreclose the lien as provided in any bond ordinance and before the end of the sixth year of a delinquency. ( Ord. No. 4382, § 1, 2016 )