Resolution may permit suspension of any foreclosure action or assignment with prompt payment of installments.

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Multiple Choice

Resolution may permit suspension of any foreclosure action or assignment with prompt payment of installments.

Explanation:
A resolution can pause foreclosure actions or the assignment of tax sale rights as long as installments are paid promptly. This reflects a mechanism where the city grants temporary relief to allow the taxpayer to catch up by following a scheduled payment plan. The stay is conditional on timely installments, so the obligation isn’t wiped out until the plan is honored, and if payments falter, the suspension can be lifted and foreclosure or assignment can proceed. This setup is not about reducing the tax liability itself, nor about prohibiting future installments; it’s about providing temporary relief tied to timely payments, rather than requiring full payment before any relief or preventing further installments.

A resolution can pause foreclosure actions or the assignment of tax sale rights as long as installments are paid promptly. This reflects a mechanism where the city grants temporary relief to allow the taxpayer to catch up by following a scheduled payment plan. The stay is conditional on timely installments, so the obligation isn’t wiped out until the plan is honored, and if payments falter, the suspension can be lifted and foreclosure or assignment can proceed. This setup is not about reducing the tax liability itself, nor about prohibiting future installments; it’s about providing temporary relief tied to timely payments, rather than requiring full payment before any relief or preventing further installments.

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