A special assessment shall be a first lien prior and paramount to all liens except city and borough real property tax liens, upon the property assessed from the time the special assessment is levied in the resolution confirming the assessment roll. The lien shall be of the same character, effect and duration as a lien for city and borough real property taxes. A lien for a special assessment may be collected, foreclosed and otherwise enforced in accordance with the procedures provided for the collection, foreclosure and enforcement of municipal tax liens on real property. No person shall have any right to repurchase or redeem the special assessment foreclosed property except as provided by such tax foreclosure procedures. The city may retain the property for a public purpose or sell the property in the same manner as provided in AS 29.45.460 for the retention or sale of tax foreclosed property. The city shall have the cumulative remedy for collection of a special assessment by civil action against the property owner for debt or foreclosure with the right of redemption as provided by law for real property mortgage foreclosures. The remedies provided by this section may apply to reassessments. (Prior code § 2.60.210)