"Assessment" means a special tax levied against property within a special improvement district to pay all or a portion of the costs of making improvements in the district.

    "Bid amount" means the amount bid by a purchaser for delinquent property at a sale conducted under the provisions of this chapter and which amount is equal to the delinquent assessment plus the interest plus the costs.

    "City" means the City of Vernal, county of Uintah, state of Utah.

    "Costs" means any and all costs to the City for levying on, publishing notices, preparing certificates, preparing deeds, payment of general taxes to Uintah County, interest on all such amounts at the rate established by the ordinance which created the assessment, and all other costs to the City in collecting the special tax levied against the property.

    "Delinquent assessment" means that portion of an assessment which is past due and has not been paid.

    "Delinquent property" means property which is subject to sale under the provisions of this chapter because an assessment against the property has not been paid and is delinquent.

    "Interest" means interest on a delinquent assessment from the date the assessment became delinquent at the delinquent rate established by the ordinance which created the assessment.

    "Legally interested person" means the record owners and all other people or legal entities having any legal interest in all or some portion of a piece of property recorded with the Uintah County recorder's office.

    "Period of redemption" means the period within which any legally interested person may redeem delinquent property sold under the provisions of this chapter which period expires after three years from the date of sale.

    "Property" means real property or any interest in real property located within a special improvement district created under the provisions of UCA 10-16-1 et seq. and against which a special tax has been levied under the provisions of UCA 10-16-1 et seq.

    "Record owners" means those people of legal entities stated on the records of the Uintah County assessor's records as having any legal interest in all or some portion of a piece of property.

    "Redemption amount" means the amount required to be paid by any legally interested person to redeem delinquent property for a sale under the provisions of this chapter and which amount shall be equal to the bid amount paid by the purchaser and costs and interest.

    "Special improvement district fund" means the fund established by the City to receive assessment payments from property owners.

    "Special improvement guarantee fund" means the fund as established by the City to guarantee bond payments on special improvement districts. (Ord. 90-05 § 2)