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ATTY/CHARTER AMENDMENTS/2018/2018 FINAL CHARTER AMENDMENTS REV: 07-18-18 VR Page 33 of 45 the assessed valuation is that as fixed and established by the County of San Mateo; provided, however, that if the assessed valuation is that as established by the City of Redwood City the tax levy authorized by the Council to meet the municipal expenses for each fiscal year shall not exceed the rate of one dollar on each one hundred dollars of such assessed valuation. The moneys collected from such levy shall be placed in the general funds of the cCity, and may be apportioned as determined by the Council. The foregoing limitation shall not apply in the event of any major catastrophe, in which case it may be temporarily suspended; provided, that no increase over said limit, except as herein prescribed shall be made in any fiscal year, unless authorized by ordinance adopted by the vote of the electors of the cCity. (As amended November 6, 1962, ratified by Legislature January 14, 1963.) Section 57. SPECIAL TAX LEVY: The Council shall have the power to levy and collect taxes in addition to the taxes herein or by general law authorized to be levied and collected in an amount sufficient to pay the bonded indebtedness of said cCity and also in an amount sufficient to pay any delinquency for bonds issued under the Improvement Board Act of 1915 of the State of California and for the additional following purposes and not to exceed the following rates, to-wit: (a) For the acquisition and construction of permanent improvements, real property, public buildings and structures and public offices, including equipping and furnishing of the same, at the rate of not more than five cents on each $100 of assessed valuation during any one fiscal year, provided, however, that said amount of five cents may be increased by a vote of the electors of said cCity. Section 58. TAX LIENS: All taxes and assessments levied, together with any percentage imposed for delinquency and the cost of collection, shall constitute liens on the property assessed; every tax upon the personal property shall be a lien upon the real property of the owner thereof. The liens provided for in this section shall attach annually, as of 12:01 a.m. on the first day of March preceding the fiscal year for which the taxes are levied or at such other time and date as may hereafter be prescribed by the laws of this State and may be enforced by actions to foreclose such liens in any court of competent jurisdiction, or by a sale of the property affected and the execution and delivery of all necessary certificates and deeds therefor, under such regulations as may be prescribed by ordinance; provided, that when real estate is offered for sale for cCity taxes due and delinquent thereon, the same shall be sold to the cCity in like case and manner, and with like effect and right of redemption as may be struck off and sold to the sState when offered for sale for county taxes; and the cCouncil shall have power to provide by ordinance for the procedure to be followed in such sales to the cCity and redemption thereafter. (As amended April 9, 1968, approved by Legislature April 29, 1968, Stats. 1968, Chapter 76.)