Chapter 2 ADMINISTRATION*
Section 2-515 Sale, trade or lease of real property.
(a) Except as otherwise provided in this
section, real property owned by the city may be sold,
traded or leased only when authorized by ordinance and only after competitive bids have been
obtained. The real property may be sold, traded or leased only to the person submitting the
highest and best bid.
(b) City property may be sold, traded
or leased without competitive bids:
(1) to any person to whom the property
has a unique or enhanced value because of its
accessibility, configuration, location, size or use;
(2) to any adjacent property owner at
fair market value as determined by an appraisal;
(3) when use of the property is limited
to public purposes specified by the council;
(4) when the sale, trade or lease is part of a settlement in
a condemnation proceeding; and
(5) when the council determines that
it is in the public interest to sell, trade or lease the
property to a particular person.
(c) Farmland owned by the city may be
leased by the city manager without obtaining
competitive bids and without further council authorization under the following circumstances:
(1) the person seeking to lease the property
conducts a farming operation adjacent to the
property sought to be leased from the city;
(2) the person seeking to lease the property
has previously leased the property and has
demonstrated good farming practices; or
property was acquired by the city from the person seeking to lease the property.
Ord. No. 018178. § 3, 7-19-04)
(Ord. 018178, Added, 07/19/2004)